jessi061

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The first candlestick is a bullish candle, which is part of a recent uptrend. The second candle has a small body, indicating that there could be some indecision in the market. This candle can be either bullish or bearish. The third candlestick acts as a confirmation that a reversal is in place, as the candle closes beyond the midpoint of the first candle. (To...

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Possible area of interest 1.13249 & 1.12967. Resistance Level @ 1.13659. Price seems to have some space lower.

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Sell-Limit: 0.69403 Stop-Loss: 0.69903 Target-Profit: 0.68403 Risk-To-Reward: 1:2

jessi061 Updated 

- 4 Probabilities Key Areas Where Price May Reach & Retrace Lower 1st - 1.11806 (If Market: Risk Aversion Mode) 2nd - 1.13032 (If falling trendline breakout) 3rd - 1.13568 (If bullish Continuation) 4th- 1.13869 (If price retest June resistance area)

jessi061 Updated 

Risk Mode: ' ON '

jessi061

Price has hit 61.80% Fibonacci retracement level which aligns with 200 SMA (RED), weekly s1 of the pivot, and a rising trendline and then rebounds upward for now. If the price is feeling hard to fall lower then those key levels I reckon we may see some correction upward on this major pair. Knowing the fact last week there was a blood bath on this major pair so the...

jessi061

I reckon there is some potential room upward for bulls as seeing the overall trend price is making every time new higher lows and we can see my lagging indicator is below the price indicating an overall bullish trend. Risk aversion matters now for the rest days of the week and if traders get nasty risking on higher yield bets I reckon we might see some push above...

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The Swiss central bank was playing big games behind the bull trend of the USDCHF. Actually, the story is linked to the EURCHF spot rate where SNB did defend the price from falling lower than 1.05 by intervening more strongly in the foreign exchange market to contribute to the stabilization of the situation. The rise in sight deposits showed the SNB was clearly...

jessi061

Price was playing within a range-bound market environment and I assume that if bulls overall dominate the market for the remaining days of this week. If price breaches through the upper band of this range-bound market with intensive volume then buyers may prolly lead price around the previous swing high ( Light Blue Line ). If It ends with a bullish bias...

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Sellers are dominating the market so far and the price could pullback lower at some point.

jessi061 Updated 

I reckon if the price will rise back around the weekly pivot point level and then break through it with good momentum it might be a good plan to risk on short term bull bias. If Price rises back upward harder and then breach through the weekly pivot point (blue zone) we can expect from price aftermath head around R1 (red zone). FOREX DISCLAIMER Trading foreign...

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What if the price didn't break out lower from the rising trendline? I guess it might then end up being a continuation upward but it seems like this week has started with a slight risk-off mode already.

jessi061 Updated 

I assume it will have some small retracement upward after being sell-off for some days. If that weekly s2 holds the price from falling further lower then price prolly may rise back up around the s1 which in line with our Fibonacci 61.80%. In a nutshell, retracement speculation for intraday.

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The momentum is good on the upside so far but I don't wanna provide any signal at this point knowing the fact that this traditional chart pattern which is an ascending triangle pattern falling in the bilateral family tells us that "Be ready I am about to fall or rise soon". The direction is not fixed in such chart pattern and can go either way so but it's a good...

jessi061

Market is overall sell so far and bear weighing against bull. Probably we may see some new lower highs and lower lows further.

jessi061

Bear are ruling the market on this major pair and knowing the fact how well aussie and kiwi buddy of loonie in AUDUSD | NZDUSD performing lately against buck I reckon this two buddies are together counter striking buck viciously. No positive sign for DXY yet and seems total stagnate talking about the price action for that index and the fact how ...

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This trade has the opportunity for lower. Bear has overall taken nice control and for this good Friday, the price may continue falling lower. For further trade consultation direct message me. Happy Easter.

jessi061 Updated 

China commerce ministry says production of auto, auto parts have fully resumed. China continues the narrative that they are back up and running. It should lift off some pain from the market and we probably have some retracement upward if market players are optimistic.