D1 - Price has reached a key resistance zone. Bearish divergence. H4 - Bearish divergence. Lower lows. Until the key resistance zone holds my short term view remains bearish here.
H4 - Lower lows. Currently it looks like a correction is happening. Bearish hidden divergence. H1 - Bearish trend pattern. Currently it looks like a correction is happening. Bearish divergence. Until the two strong resistance zone holds my short term view remains bearish here. A valid breakout below the most recent uptrend line would be the validation for...
H4 - Price has broken below a strong support zone. After the breakout this strong support zone is acting as a strong resistance zone for us. Lower lows. Until the strong resistance zone holds I expect the price to move lower further in the short term after pullbacks.
H4 - Price respected a key resistance zone and bounced lower. Bearish divergence. Lower lows. H1 - Bearish trend pattern. Currently it looks like a correction is happening. Until the two strong resistance zones hold my short term view remains bearish here.
EURUSD - LH/LL & Reversal - Short I've entered a short position on EUR\USD after completing multi-timeframe analysis. The confluences are: 1. Price has broken below the 50 EMA on multiple timeframes, including the 15M 2. We are now forming lower highs and lower lows on multiple timeframes 3. Overall on the higher timeframes (D/4H), we are starting to look...
H4 - Strong bearish move. Lower lows. Currently it looks like a correction is happening. Until the two key resistance zones hold my short term view remains bearish here.
H4 - Price respected a key resistance zone and bounced lower. Bearish divergence. Lower lows. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two key resistance zones hold my short term view remains bearish here.
Series of LLs and LHs >>> DownTrend LH @ 0.236 of Fab Retracement Level Evening Star @ LH
W1 - Price is bouncing lower from a strong resistance zone. Bearish hidden divergence. H4 - Bearish divergence. Lower lows. Currently it looks like a pullback is happening. Until the strong resistance zone holds my short term view remains bearish here.
H4 - Price has broken below the bottom of a range and is holding below it. Lower lows. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
D1 - Price is bouncing lower from a strong resistance zone. Bearish hidden divergence. H4 - Bearish convergence. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
H4 - Price is bouncing lower from a strong resistance zone. Bearish convergence. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
D1 - Lower lows. Bearish hidden divergence. H4 - Bearish divergence. Until the key resistance zone holds my short term view remains bearish here. A valid breakout below the most recent uptrend line would be the validation for this bearish view.
H4 - Bearish convergence. Currently it looks like a correction is happening. Until the strong resistance zone holds my short term view remains bearish here. A valid breakout below the most recent uptrend line would be the validation for this short term bearish view.
In NZDJPY short term sell idea post, I mentioned that "Price is bouncing lower from a key resistance zone on the H4 chart, in addition to this we also had a bearish divergence and lower lows based on the MACD indicator. On the H1 chart, we had a bearish trend pattern so until the key resistance zone holds, my plan here is to sell pullbacks in the short term". The...
H4 - Price is blocked by a key resistance zone. Bearish divergence. Lower lows. H1 - Bearish trend pattern. Until the key resistance zone holds, my plan here is to sell pullbacks in the short term.
D1 - Lower lows. Bearish hidden divergence. Price respected a strong resistance zone and is bouncing lower. H1 - Bearish trend pattern. Currently it looks like a correction is happening. Until the two strong resistance zones hold my view remains bearish here.
D1 - Price has reached a strong resistance zone. Bearish hidden divergence. H4 - Bearish divergence. Lower lows. Until the strong resistance zone holds my short term view remains bearish here.