forexrockz

forexrockz

It is interesting that the weekly and daily MACD is aligned to go down. The question is whether price will close below 131.520 major support. Will wait to see what happens.

forexrockz

This has rejected resistance and formed a double top. Also just broken the minor trend line and is expected to drop for a week, in order to retest the trend line and key support. Daily and weekly MACD aligned to go down

forexrockz

I see - a double top on daily resistance - the weekly and daily stochastic & macd aligned - expecting retest of broken trendline

forexrockz

Price has broken the monthly trendline, and is expected to retest it, as well as 147.700 major resistance will now be support. The pullback may be to 147.700 this week, possibly and I will look for a buy. However, I am in a sell position If the 4hr EMA's cross, we definitely can expect price to test support of 147.700

forexrockz

Unfortunately it hit my first SL, but I re-entered and this is a good sell with a good R:R. - Daily stochastic on it's way down - Measured objective is the weekly trend line - Price is below 2h 200SMA - 4hr EMA crossed to the downside

forexrockz

The USDZAR is most definitely on a spring upwards, after breaking the weekly wedge pattern that has been forming since April. We should expect a pullback as price hasn't been able to break and close above resistance of 13.57.

forexrockz

The area of 1.645 is a key zone for rejection and continuation of EURNZD bears. I still think its bearish due to: - 2hr price crossing 200SMA - 4h EMA's crossed - daily rejection of 1.656

forexrockz

Expecting a pullback to 1.67 support, before taking a long position again. This will be a retest of the broken TL

forexrockz

Short because - double top at 1.20 - pin bar rejecting resistance - macd divergence - stochastic divergence - all indicators reveal a possible bearish trend

forexrockz

The weekly stochastic is on its way up, including the MACD Price is respecting the weekly trend line of 3 touches Minor trendline broken - expecting upside

forexrockz

I am shorting the AUDUSD for the following reasons: - Daily Top at resistance - Pin bar rejecting resistance - USD is due for a recovery - Daily stochastic and MACD aligned for a downward trend

forexrockz

Go long on USDCAD - major support

forexrockz

A lovely H& S pattern, wait for retest of neckline

forexrockz

What I see, is that price is going down 1) 4H double top 2) Daily MACD decreasing 3) At a key 38.2 fib level

forexrockz

Still convinced it's going to shoot up, but time will tell

forexrockz

A volatile pair that always pays well 1) 4H divergence 2) 2 rejection candles 3) Daily stochastic in line to go down

forexrockz

1) The $ is strengthening 2) A retest of breakout is expected 3) Daily divergence 4) Stochastic on daily and weekly are aligned

forexrockz

Refer to chart