iamarielle_868

iamarielle_868

Price is currently in an uptrend. Wait for a pullback to the support and resistance zone before entering a buy. Drop to lower time frame for a better entry.

iamarielle_868

GBPAUD has recently broken out of a previous support zone. We could possibly see a retest at this zone before price continuing in a sell. Drop to a lower time frame for a better entry after a reversal pattern forms.

iamarielle_868

Price is currently in a resistance zone. Drop to a lower time frame and wait for a reversal pattern to form. Enter a sell after price breaks out of the reversal pattern.

iamarielle_868

Price is near the bottom of a resistance zone and there can be a possible reversal in this area if price does not close below it. Monitor on a lower time frame in order to see the reversal pattern form before bullish entry.

iamarielle_868

GBPNZD has broken the neck line of a support zone. Price can possibly pullback and retest this support and resistancce zone before continuing to sell. Drop to a lower time frame for a better entry.

iamarielle_868

Price is currently in a long term uptrend and has been making higher lows and higher highs. Price recently broke above the most recent swing high. Monitor closely for a potential retest to the support zone. If price pulls back into this zone, drop to a lower time frame and wait for a reversal pattern to form before taking this buy.

iamarielle_868

This pair is currently in a downtrend and has been making lower highs and lower lows for approximately 1 month now. Price recently dropped lower than the most recent low. This signals to us that it's possible that price can pullback and retest this zone before continuing to sell. Drop to a lower time frame and wait for a reversal pattern to form before taking this trade.

iamarielle_868

Currently in a 4H range, price recently formed a double top at this resistance zone and it's possible that price can drop to this support zone to create a double bottom. If this happens and a reversal pattern forms (on a lower time frame), wait for the pattern to fully form and enter after the breakout. However, if price breaks through either zone, wait for a...

iamarielle_868

Price has dropped lower than the most recent swing high which is one of the first indicators of a change in trend. If we get a retest at the resistance zone we can wait for a reversal pattern to form before entering a sell. It would also be possible to enter a bullish trade back to the resistance zone once this idea plays out.

iamarielle_868

EURJPY is currently within a 4H range. Price recently formed a double top at this resistance zone and it's possible that price can drop to the support zone to create a double bottom. If this happens and a reversal pattern forms, wait for the pattern to fully form and enter after the breakout. However, if price breaks through either zone, wait for a retest before...

iamarielle_868

Breakout on the H4 time frame. Wait for price to pullback near the support and resistance zone before entering a buy. Look for a reversal pattern in this zone before entering a bullish trade.

iamarielle_868

The chart above illustrates what could potentially take place on NZDJPY over the next few days or weeks. To the left we see the most recent reversal pattern which formed at the Daily support and resistance zone. Wait for a similar pattern to form before entering a sell. Once price does not break above this zone and we get a reversal pattern I would confidently...

iamarielle_868

Take a look to the left and you will see that price has made multiple hits to this Daily support and resistance zone. If price comes back to this zone, drop to a a lower time frame and monitor for a reversal pattern to form before entering a sell. However, if price decides to break through this support and resistance zone, this can indicate that price wants to...

iamarielle_868

Dropped to the H1 time frame for a more detailed picture of what price is doing. Currently forming lower highs and creating a flag pattern. Once price does not cross above the Daily resistance zone we can start looking for reversal patterns on the lower time frames for a sell entry.

iamarielle_868

This pair is also forming a similar pattern to AUDJPY. We can see signs of rejection at a Daily resistance zone. Price has also made a lower high which shows that bullish momentum is slowing down and the bears could be taking over. We can see that a pullback is forming and price can decide to continue buying to the Daily resistance zone OR make its way back to the...

iamarielle_868

On the H4 time frame we can get a clearer picture of what price is doing. Previously price made a 3rd hit to a Daily trend line and if price continues to respect this zone, it can make its way back to the trend line for a 4th time. If this does happen along with price showing resistance at the trend line without breaking through it, we can look to enter a buy at...

iamarielle_868

AUDJPY has made multiple hits to this Daily resistance zone over the past few months. Once again price has returned to this zone and we see some signs of rejection. In addition, price appears to be forming an ascending flag pattern which is often followed by a bearish breakout. If price does continue to respect this zone over the next few weeks or months, we can...

iamarielle_868

Price is currently forming a bullish flag pattern which is often followed by a breakout into a buy. However, price will do what it wants to do so I have 2 ideas about what can take place between 26-Aug-2020 and 28-Aug-2020. Will patiently wait for the market to decide which direction it wants to breakout in before taking a trade. Happy trading everyone!