reef_dogg

reef_dogg

Found this cypher on the daily timeframe. Shift from Bearish to Bullish Keeping it simple Good Trading.

reef_dogg

As we can se from the trade setup, we are in an overall bearish market. I will be looking for sell setups such as this Bat Pattern. For now we are in a daily scale retrace to meet next level of resistance. I suggest a bullish leg to the D point where we will then sell. The RVI suggest higher highs and a shift from bearish to bullish Good Trading.

reef_dogg

Maybe a buy with almost double bottom support structure. Along with indicator values increasing from a daily level in this retracement before continuing to the downside. Harmonic trading with confluence. BAT Pattern formation

reef_dogg

MONTHLY: We are stilll overall bearish in this market. In January 2015 we hit an all time market low around .96 cents. April 2018 we hit a high of 1.20. Price has decreased since then and found support around 1.05. Since then we have found resistance at price around 1.08500. I suggest that price will break resistance, and continue bullish till arouns 1.10...

reef_dogg

MONTHLY: As we look at the monthly timeframe we have broken out of descending channel and ascended above two levels of resistance. This market has officially shifted its momentum from overall bearish to bullish. From the Fib levels we can see that the last 2 months of bullish impulse has slowed down some and sellers have stepped in to cool the price down...

reef_dogg

MONTHLY: From a monthly perspective we are bearish seeking new highs although there is a lot of selling pressure. WEEKLY: From a weekly standpoint I measured the bearish impulse on Fibonacci retracement and there is strong resistance on the 61.8 line. Although the market is bullish on weekly it has been making new lows as oppose to highs on my indicators,...

reef_dogg

MONTHLY: Heading into the monthly we see that this pair had broken preivious descending trend line and resistance structure. Volume is increasing and Market is shifting from bearish to bullish. WEEKLY: From a weekly standpoint the market is still bullish and seeking new highs. From a fibonacci standpoint based on the last bull impulse, i suggest the market...

reef_dogg

This pair just broke daily resitance now turned support after rejecting a stronger resistance area. I suppose this pair is still overall bullish from the monthly to 1HR timeframe. I suggest a retest to the last level of structure (50 - 61.8 on the FIB) then price will head back and maybe break Monthly/Weekly restitance. MONTHLY : WEEKLY: DAILY:

reef_dogg

Sitting on strong Weekly support and the 61.8 on the fib. Expecting bullish movement to topside of resistance GOOD TRADING.

reef_dogg

Update from yesterday. We're sitting on a major resistance turned support. Market is Bullish and seeing bullish divergence on Weekly Market is also bullish on daily. Expecting to see buyers step in

reef_dogg

Good Trading.

reef_dogg

Good Trading.

reef_dogg

As you can see in my daily analysis, price has closed beyond my 2 baselines and I will be expecting price to shift bearish this upcoming week. We can also possibly see a head and shoulder formation where it meet its monthly resistance. I will sell the retest of the previous structure before it continues back down. RVI values also seem to be lower on the...

reef_dogg

Crossed both Kijen and KAMA baselines. RVI values also broke out of previous structure to make higher highs. Price has to catch up due to divergence Going BULLISH with this pair

reef_dogg

Price has crossed my KAMA baseline, but has yet to cross Kijen. It appears to still be held down by the resistance level but price seems to be forming a hammer candlestick on the daily. I expect price to move BULLISH with higher volume to the upside to break out of the structure. RVI values also seem to be making higher highs through the weeks demanding more...

reef_dogg

Had broken previous levels of resistance set all the way from Nov. 13. We saw the retest yesterday and we will continue to look at this pair bearish. Friday Dec. 4 price closed past the Kaufman and Kijen baselines with an engulfing bearish candle. RVI values also seem to be in completion of a head and shoulders formation biased to the downside, being that...

reef_dogg

Daily candle has closed beyond KAMA and Kijen Baseline. It has also broken previous stucture of support now turned resistance. It most likely retest the resistance then continue short to meet the 50 and 200 MA. RVI is also crossing the zero line, confirming a shift in trend to bearish

reef_dogg

After bouncing off of monthly and weekly support, the EUR had shot up past previous resistance turned support. I am buying after the retest. Price has closed beyond KAMA and Kijen Baselines with higher volume RVI has crossed zero line and has broke out of triangle for daily confirmation