colibritrader

colibritrader

This above is the 4H chart of DAX. There is a major support level just below it, as you can see indicated from the chart. This could be the beginning of a new bullish move. I am also looking at the daily chart and it looks like there could be a possible pin bar in-the-forming. Check out more in the link below

colibritrader

Hi all, It looks like EURUSD is printing a couple of bullish candlesticks. First, there was an inside day on the 4H chart and now I am seeing a bearish rejection- all giving me bullish signals.

colibritrader

www.colibritrader.com I have been waiting for a pull-back, which never came. I am still looking for the price to come down a bit from the highs. If that happens, I will consider taking a long position. I will be particularly paying attention to the 4H chart and the price action around 1.1375. A couple of additional factors telling me it is time to go long...

colibritrader

I am currently looking at EURUSD and it seems like we might be about to see a continuation of the uptrend. The price has formed a bullish engulfing pattern on the daily timeframe. This pattern is preceded by another bullish engulfing pattern that formed in the previous two trading sessions. I will be waiting for the EURUSD open to see if there would be an...

colibritrader

Today I am looking at the USDCHF. The currency pair have reached an interim resistance level at 0.9525. It looks like there are two possible outcomes here. Price break outs and continues its uptrend to the next resistance level at 0.9725 Price rebounds and comes down 0.9425 and then possibly to 0.9200. I will be following this pair closely and try to find more...

colibritrader

Today, I am looking at the AUDUSD currency pair. There seems to be an inside day that formed on the daily chart. On top of that, there is a major resistance area just around 0.8100. One thing to be cautious about is the major up trend. It is usually not a very wise thing to trade against the trend, which could be the case here.

colibritrader

Today, I am looking at USDCAD. It looks like price has found some solid support at 1.2400. The daily candlestick formation is a bullish engulfing pattern. It is a quite strong confirmation, since the engulfing candle is covering the previous two bearish candles. The next resistance level is at 1.2650 and after that the level of 1.2900 stands as a strong barrier...

colibritrader

There is an interesting daily candlestick pattern that has formed on the daily chart of USDCAD. It is an inside bar. In this case, this means a trend continuation. Although, you will need to pay close attention to this one. The pair is very close to a major resistance area. It might take some time to break above the 1.2900 level. Alternatively, there might be a...

colibritrader

Is it time for GBPUSD to turn the wave? Looks like the resistance level is holding fast and there is daily pinbar from yesterday. Also, there is a bearish engulfing pattern on the 4H chart. What do you think? Has time come already for this beast to

colibritrader

It looks like NZDUSD is bouncing off a major support level. There is also an inside day formation on the daily chart

colibritrader

There seems to be a lack of confirmation for a long trade. Quite the opposite- seems like the 4H chart is seeing a rejection and there is a bearish engulfing pattern.

colibritrader

Looks like AUDUSD is trying to break through the closest support level. Also, a lot of rejection on the 4H chart. Check out my twitter post and subscribe for timely analysis: Twitter Page

colibritrader

They say never go against the trend, but it looks like a very strong resistance to break and maybe a chance to take some fresh aid before further raises.

colibritrader

GBPUSD Long Setup

colibritrader

Seems like DAX won't be able to break through this resistance level. Maybe time for a short. Waiting for a 4 Hour close

colibritrader

Short XAUUSD setup. Resistance area hit and a bearish engulfing pattern. Also, a rejection on the Daily

colibritrader

Today, I am looking at the Germany 30 DAX index. It looks like that there might be a continuation of the current trend. Today’s daily candle is a small bullish engulfing candle with a bearish rejection wick. This indicates bullishness, so I will continue monitoring this instrument. For now, the intraday charts are more bullish than bearish, but this does not mean...

colibritrader

Today, I am looking at Gold. It seems like there might be some ground for bullish bias. After a significant drop in price, Gold currently imminent support at 1270. It has formed a bullish engulfing pattern on the daily chart. This gives further optimism for the bulls and might be the initial sparkle for a short-medium based rally towards the closest resistance...