New higher highs, break of resistance, expecting a pullback to newly formed support, which lines up with 0.618 FIB
We have seen a break of the previous support and looks likely to be turning into a resistance zone. Looking for a pullback and a rejection of the support - turned - resistance before entering a short, entry likely to be around the 0.618 FIB
Were looking at a change in direction for this pair. We have seen a break of the descending trendline after a lot of bearish movement. Forming a new higher high, likely to be a small pullback/retest before making further upside movement. A good entry would be in the golden pocket area/rejection of the 50MA.
Several touches and rejections of the descending trendline as well as the 50MA. Currently sitting in the golden pocket of the fibonacci.
Three clear rejections of the descending trendline, Currently in the 'golden pocket' area of the fibonacci. Would be looking for a nice close below the 50MA before entering a short on this pair
We have had a rejection of the 50MA, if we get closure below the 200MA and 0.786 FIB, will be looking to go short on this pair.
Rejection of trendline and 0.71 and 0.618 FIB as well as 200 and 50MA, failed to close above the descending trendline, if current candle closes below 0.5 FIB, will be looking to go short.
Rejection of 50MA, which also lines up with the 0.786 FIB. Several rejections of the descending trendline
Lovely long wick rejection from the 0.786 FIB and descending trendline. Would like to see break of the EMAs to confirm a short position on this
Large wick rejection of f 0.786 FIB, currently rejecting the 0.71 FIB. Failed to close above the descending trendline and resistance zone
Break of the ascending trendline and rejection of the 50MA and 0.71 FIB.
Nice wick rejection of the 50MA, descending trendline and 0.618 FIB.
Break and retest of ascending trendline, rejection of 50MA, 0.618 FIB and the previous support, now turned into resistance zone. Looking for a sell down to the 200MA which lines up with previous descending trendline
Nice wick rejection off descending trendline and 50ma. Lines up with the golden pocket area of the Fibonacci
Break of the ascending trendline, as well as the 50 and 200MA's. Previous 4hr candle failed to close above the resistance zone. Newly formed downtrend on the daily.
On the daily we have seen price exhaust and the trend is short. 4HR - several rejections of the descending trendline, as well as both 200 and 50EMAs.
Rejection of both 200 and 50EMA on the 4hour, as well as break of the ascending trendline. On the 1hour we have had several rejections of the descending trendline
Failed to break the resistance zone and the descending trendline. Rejected the 0.786 fibonacci. Forming new lower high. Expecting to drop to form a new lower low.