elio92

elio92

likelihood of market shift and a buy can be taken till the level shown

elio92

possible retrace of us30 before continue to higher levels

elio92

Sell xauusd in the following days, expecting to go up a little more until tuesday o wednesday to drop .

elio92

Possible escenario for next days

elio92

Wee see a clear triangle pattern formation, we must wait the price reach the trendline, that would a third touch and then would drop if it shows rejection to go up. Or if it breaks the triangle up, we must wait for pb to find buy opportunities.

elio92

Wee see a clear triangle pattern formation, we must wait the price reach the trendline, that would a third touch and then would drop if it shows rejection to go up. Or if it breaks the triangle up, we must wait for pb to find buy opportunities.

elio92

We see that the price reached a strong supply zone, as confluence we have break and retest of the trend line as shown in chart, and also the inverse correlation with AUD that are becoming bullish. If daily candle closes under resistance (possible shooting star formation), we will have the start of bearish momentum for the next days.

elio92

We see that the price reached a strong demand zone, 2 daily candles have shown us that it cannot close below and the last one looks like a shooting star or pinbar. In 4h time frame a parallel channel was created clearly and we see a posible morning star formation in the support. We should wait for the break of the channel to look for buy opportunities.

elio92

We see the price is respecting the channel very well and this zone that reacted in the past several times, possible shooting star daily candle formation (or morning star if the next candle closes engulfing). In addition , we have a dollar index (Dxy) forming a shooting star in the weekly candle as I explained before, so that it could give us a great confluence...

elio92

We see the price is respecting the channel very well and this zone that reacted in the past several times, So we must look for break of structure bearish to bullish in lower time frames to set the buy.

elio92

After breaking the parallel bullish channel we see a clear break and retest of it and also the resistance that didn't let the price close up in previous weeks, If the weekly candle closes under that zone then we'll have a good signal to begin bearish momentum for USDXX pairs and bullish for XXXUSD in following days.

elio92

I expect a retest to the daily zone that has been broken before. a Paralell channel was created and is touching several times. As confluence I can wait for another touch on top of the channel and also the 61.8% of fibonacci to trigger the sell. Just wait for rejection candles in lower tf

elio92

In weekly time frame we have a third touch of trendline creating a tweezer bottom candle pattern in 61.8% of fibonacci, we could expect the begining of a new bullish momentum. We must see in minor tf zones change of structure to see buy opportunities

elio92

If the price breaks the trendline and then retests it, we could see more drop until the next zones as shown. If the price is seen in weekly time frame, A Tweezer top pattern formation is shown in a resistance (thick gray rectangle ), so we could expected for this week continue of bullish momentum.

elio92

As we can see with better detail, the price retested the weekly uptrendline that has been broken before, we have good confluences for sell opportunities: Retracement to the golden zone of fibonacci (61,80%) and third touch of the countertrenline in daily tf. If the price starts a bullish rally, the next Stop would be when the last flash clash wick is filled.

elio92

Trendline that connects these 3 points has been broken in weekly time frame, I'll show in next idea the zones involved in this break and how we can find sell opportunities.

elio92

gbpcad 4h buy

elio92

HCH in WEEKLY, in D has created an uptrend that has reached a supply zone, expecting a break of the trendline to trigger the sell