About meHi, my name is Rebecca, and I'm from Ireland.
Focusing on price action, HTF bias, and EMA.
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Mainly Forex trader although sometimes Gold, and Indices.
It has been a while but I am back at it now! Getting back into the swing of things how has everyone been?
Keeping an eye on EURUSD idea to see if i still have it :D waqiting for break below ema along with confirmation
Hi guys, Im back now after a little break. It is always good to take a break and a fresh mind away from the charts when you are having some losses.
I am seeing this on EURNZD with a higher TF bias confirmation, trendline, s/r levels and EMA on 4h and 1d.
Idea for this week.
Daily closed as strong bearish engulfing
No significant levels in sight
Price below EMA
Price Action is Bearish
2nd Touch of Trendline (very reliable!)
Fundamental, Boris Johnson announced he may consider extra covid-19 restrictions within the United Kingdom. This could support our trade.
Comments appreciated :)
Long idea for this week.
let's break it down...
The weekly candle closed bullish as a pin bar.
The daily also looks good, travelling in a long term ascending channel on Higher TF's..
Price broke downtrend on 4h with a higher swing (as noted with the arrow)
Very similar idea to GBPCHF this week, naturally.
Strong weekly levels marked out, along with daily levels.
Price travelling within descending channel on 1d, 4h , respecting both trendlines.
travelling below 50 and 200 ema, price action looking bearish.
Back to basics this week, after a bad week last week. i guess we have to have losing weeks sometimes.
This idea is based from the weekly, daily, and 4h structure. All TF's pointing to the downside, including added confluences of EMA, price action, s/r levels.
Boris Johnson also discussing extra restrictions in UK so the fundamentals should play out too