Just a follow up to my previous USDMXN post from few days ago: Daily: -Red HA candle -Lower high -Stoch has bearish cross above 0 4H -Price breaking Tenkan/Kijun supports -Lower high on 4H -Although we got 100 wma and cloud supports below. Although daily Ichimoku is bullish but upside is losing momentum here and we can see test of Kijun/100 wma on daily TF, on...
Daily: Prices below Kijun and above Tenkan. So near term resistance is 38.80 and this is where 200 sma is on 4H. After that next resistance is around 39.87. Daily is bearish but we might see HA osc bullish cross near 0. 4H: Once chikou clears past candles, we can have clear momentum to upside for move higher. Because it is counter trend trade, trade smaller size...
This is my favourite cross and only cross I follow consistently: Lets take a look at bigger picture: Monthly: Prices had multi month rally from head and shoulder break. We are currently at support zone. Ha osc and stoch are coming from overbought region . Prices are out of cloud but are below Tenkan/Kijun now. It is neutral picture for now on...
Happy new year first of all . Hope you got time to spend with family and friends.My first idea going into new year. Now lets take a look at audusd. MONTHLY: 1.Doji HA followed my green HA. But it does have upper and lower wicks.Not the strongest candle imo 2.HA osc still below 0 but rising 3. Stoch still oversold and below 220 4. Now it is bearish overall picture...
Daily-100 wma resistance and 200 sma above. price failing to break above resistance here and we have doji coupled with falling stoch and hadelta osc. Sell on break of previous lows on 4H targetting 1.08...
Gold is still choppy coz of thin liquidity. Set up is still valid as it is above cloud.. Oil on the other hand.. Weekly.. Still in downtrend. Everything is bearish here. Trying to make green HA but still few days to go Daily: Stuck between Tenkan and Kijun . Supp below 36.20 and res above 38.8 4H: Failing to make higher high and red HA in works already. I think we...
Weekly: Still in downtrend but Some dojis and no lower lows. Also, Tenkan/Kijun kinda far from price Daily:Tenkan/Kijun providing support. hadelta osc may have cross tomorrow 4H: Flat kumo act as support . Doji at key region.Near term res 1074-1075. But stoch and hadelta osc has bullish cross and rsi bounced from 40. We can see move higher from here. Trade small...
Look at hadelta osc. Its diverging with higher highs. You can wait for cloud break to go short . I'll be watching this closely for fine tune entry. Just looking at PA, it is just a grind higher with dojis and small candles with spikes which is not typical bullish scenario. Thin liquidity is keeping it afloat!! But it need patience for now..
Short term overbought and notice divergence in stoch!! Some downside move is possible here. Lots of supp around 7200 though..
Watch for reversal HA candle here for move to 1100!! It is currently in support zone
Watch for any 4H reversal here for a move to 1.1050. Kijun and 100 wma need to hold for it to be valid!!
Weekly: Prices flirting with support and most likely HA doji is in works. Daily:If we closed above kijun,bias turns strongly bullish. As we have bounce from supp zone and failed head and shoulder pattern. Rsi bounce from 40 and stoch looking good. 4H: 7270 near term resistance. Liquidity is think and we can go a bit higher and then pull back. But come new year, I...
Monthly: Strong uptrend. Ha delta showing some divergence but still above 0. Rsi above 70 for a while now. Stoch overbought. Thats what you see in strong uptrend. It however is at some resistance level if you zoom out charts and also psychological number 1.4000 Weekly:Again strong uptrend. Ha delta bullish with hook above 0. Stoch showing some divergence. But no...
Monthly: Doji in works at Tenkan/Kijun Chikou confirming momentum Broken triangle and testing trendline right now before take off Rsi holding 60 zone EWO green Weekly:Bullish candles confirmed by chikou Above Tenkan and Kijun Stoch and rsi ,hadelta rising BULLISH OVERALL Daily:200 sma held as support Price currently finding supp at 100 wma and Kijun, Long on...
Weekly: Rsi failure at 50 Red HA candle after doji in works and below Tenkan and Kijun with chikou confirming the move EWO bearish Daily:200 sma resistance Tenkan and Kijun providing resistance only supp is 100 wma Stoch is possibly false crossover as it lagging indicator 4H:hadelta below 0 RSI failure at 60 Stoch crossed and chikou confirming momentum.
Weekly: Prices found supp at kijun and cloud EWO bullish RSI in 50 zone hadelta below 0 for now but we might see a cross here by end of the week Daily:HA doji and green candle after fomc at cloud Took over 200 sma and 100 wma RSI never touched 30 Stoch rising 4H:Above cloud and 200 sma Kinda overbought but it can remain overbought as sen in the past. Can dip a...
I will post detailed chart later after clearing FOMC noise. But from this chart. -Price consolidating so far -If kijun(blue line) holds, we can see 38-39 quick. That is big resistance area -Weak Tenkan/Kijun bullish cross -Overall we are still in downtrend.
-Daily stoch overbought and there is a cross. -200 sma coming into play alongwith 100 wma and cloud top resistance -Heiken ashi red doji -RSI failed to touch 70 -Stoch ready to go below 0 First target is daily kijun.