DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
DELCATH SYSTEMS INC, SPDR S&P 500, BANK OF AMERICA CORP, COTY INC CLASS A, MOMO INC - AMERICAN DEPOSITARY SHARES, SPDR SELECT SECTOR FUND - FINANCIAL
S&P 500, Nasdaq 100, Dow 30, Nikkei 225, DAX, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Coffee, Cotton
Bitcoin / Dollar, Ethereum / Dollar, BCH / Dollar, Ripple / Dollar, Litecoin / Dollar, ETCUSD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y, UK 10Y, India 10Y
GOLD (US$/OZ), Brent Oil, Crude Oil, Natural Gas, PALLADIUM (US$/OZ), SILVER (US$/OZ)
4H trendline break out and pull back to 76.8 fib level.
Stoch is overbought and made divergence.
open Long trade as descriped on the chart.
Good apportunity to go short on EURAUD as reversal on card.
Price hit the trendline resistance.
Formed double indicision candles.
Chart pattern : Double top
price Break out neckline and close.
Break out and pullback to neckline of Double top in 4H.
1H - DOWN TREND
Pull back to 61.8 fib LEVEL
Formed double pin bar.
Planning a short trade.
Trade Idea 1 : Placed a pending order at 76.8 fib level as forming a correction wave in 4H.
Trade Idea 2 : If price break the trend line before hit then will look for pull back to go short.
Price pull back to trenline resistance.
Price rejecting 3rd time at 0.9700 level.
Daily- price pull back to Fib 76.8 level.
Daily/4H - Uptrend
Price pullback to FIb- 76.8% level.
Consolidating at trend line support.
Daily - uptrend
Price pullback to strong support level.
Open trade in 1h time frame as price making HH
Target - previous high.
TREND - DOWN 4H
RETRACEMENT TO 76.4 FIB
SHORT ON 4H DOWN TREND.
PRICE PULL BACK TO 61.8 FIB LEVEL.
FORMED INDECISION CANDLE.
Short based on the following reasons.
Down trend in 4H
Ending and breakout the correction wave in 4H
Price still below 50MA
Stoch is overbought zone.
Short on pullback.
Double top on 4H.
Price exhausting at 1260 level.
Long on 76.4 fib level.
Based on Pin Bar at resistance and additional confirmation with oversold stoch.
Short based on the daily pinbar at resistance area and the price making lower low in H4 and consolidate below the moving averages.
Explained the reasons on the chart