Nov 18 2015: BEARISH EURGBP 1 Hour: Price near bearish channel low (Analysis Based on 4 hour chart) Observations 1. Long term down channel 2. Short term down channel 3. Price close to channel low 4. Price at the 1.272 fib extension 5. Bearish cypher pattern NOTE: Wait for price action to confirm the importance of these levels. If you find this information...
Nov 18 2015: BEARISH EURGBP 4 Hour: Price near bearish channel low (Analysis Based on 4 hour chart) Observations 1. Long term down channel 2. Short term down channel 3. Price close to channel low 4. Price at the 1.272 fib extension NOTE: Wait for price action to confirm the importance of these levels. If you find this information useful. Please hit the...
Nov 18 2015: BEARISH EURGBP Daily (Analysis Based on weekly chart) Observations 1. Long term down channel 2. Short term up channel 3. Price close to channel low 4. Potential RSI bullish hidden divergence 5. Potential head and shoulder NOTE: Wait for price action to confirm the importance of these levels. If you find this information useful. Please hit the...
Nov 18 2015: BEARISH EURGBP Weekly (Analysis Based on weekly chart) Observations 1. Long term down channel 2. Short term up channel 3. Price close to channel low 4. Potential head and shoulder reversal 5. Potential RSI bullish hidden divergence NOTE: Wait for price action to confirm the importance of these levels. Price action continues to be bearish as...
Nov 16 2015: NEUTRAL EURUSD 15 Min (Analysis Based on 15 Min chart) Observations 1. Short term bear channel 2. Break to the downside of the consolidation zone 3. Possible bullish head and shoulder 4. Price bounced of 1.618 fib inversion NOTE: Wait for price action to confirm the importance of these levels. Price competed a measure move to the downside. I am...
Nov 17 2015: BEARISH EURUSD 1H: Sell bull traps; Sell cypher pattern (Analysis Based on 1 hour chart) Observations 1. Long term bearish channel 2. Short term bearish channel 3. Consolidation 4. Bearish cypher pattern NOTE: Wait for price action to confirm the importance of these levels. Sell bull traps at channel highs. Sell breakout after retest at...
Nov 16 2015: BULLISH USDJPY 4 Hour: Price bounced off channel low (Analysis Based on 4 Hour chart) Observations 1. Price has broken out of the narrow trading range 2. Price broke above 4 hour SR zone 3. short term bullish channel 4. Price bounced off channel low NOTE: Wait for price action to confirm the importance of these levels. If you find this information...
Nov 16 2015: BEARISH USDJPY Daily:RSI overbought with hidden divergence; Bearish BAT (Analysis Based on Daily chart) Observations 1. Long term bull channel 2. Short term bear channel 3. Bullish breakout from consolidation 4. Price currently at resistance 5. RSI overbought at swing high 6. RSI bearish hidden divergence 7. Bearish BAT pattern completing at channel...
Nov 16 2015: BULLISH USDJPY Weekly: Last week closed bearish however the dominant price action remains bullish (Analysis Based on weekly chart) Observations 1. Long term bull trend 2. Price break out from recent consolidation zone 3. Last week closed as a bearish candle. The the dominant price action remains bullish. NOTE: Wait for price action to confirm the...
Nov 16 2015: NETURAL GBPUSD 15 Min;Sell channel top; Buy channel bottom (Analysis Based on 15 Min chart) Observations 1. Price in short term bullish channel (broken and retested); 2. Price consolidating after a brief up move NOTE: Wait for price action to confirm the importance of this level. Sell bull traps at consolidation top. Sell break and close below...
Nov 16 2015: BEARISH GBPUSD 1 Hour; RSI bearish hidden divergence (Analysis Based on 1 hour chart) Observations 1. Price in short term bear channel; 2. Price at 4 hour SR zone 3. RSI overbought at swing high 4. RSI bearish hidden divergence 5. Potential bearish BAT pattern NOTE: Wait for price action to confirm the importance of this level. If you find this...
Nov 16 2015: BEARISH GBPUSD 4 Hour;Price stalling at resistance (Analysis Based on 4 hour chart) Observations 1. Price re-enters long term down channel; 2. Price has broken short term up channel 3. Price made new lower low 4. RSI overbought at swing high NOTE: Wait for price action to confirm the importance of this level. Price is stalling at resistance. Look...
Nov 16 2015: BEARISH GBPUSD DAILY:Price broke and close below daily support (Analysis Based on DAILY chart) Observations 1. Short term bull channel (Broken and retested) 2. Short term bear channel 3. Descending triangle 4. Break and close below daily support NOTE: Wait for price action to confirm the importance of this level. Price is consolidating within a...
Nov 16 2015: BEARISH WEEKLY GBPUSD: Last week produced a inside bar (Analysis Based on WEEKLY chart) Observations 1. Last week was bullish and closed above the weekly support at 1.51xxx 2. Price respecting the top of the down channel 3. Last week produced a bullish candle which completed as a inside bar to the previous week. 4. The dominant price action is still...
Nov 16 2015: NEUTRAL EURUSD 15 Min: Consolidation sell bull traps (Analysis Based on 15 Min chart) Observations 1. Bullish BAT pattern 2. Short term bullish channel 3. Short term bear channel 4. Consolidation 5. Bullish head and shoulder NOTE: Wait for price action to confirm the importance of these levels. Sell bull traps at channel highs. Wait for breakout of...
Nov 15 2015: BEARISH EURUSD 1H: Sell bull traps; Sell breakout on retest (Analysis Based on 1 hour chart) Observations 1. Long term bearish channel 2. Short term bullish channel 3. Short term bearish channel 4. Consolidation 5. Descending triangle NOTE: Wait for price action to confirm the importance of these levels. Sell bull traps at channel highs. Sell...
Nov 15 2015: BEARISH EURUSD DAILY: Price at down channel lows (Analysis Based on Daily charts) Criteria 1. Long term bullish channel (with downside overshoot) 2. Short term bearish channel (downside overshoot) 3. RSI oversold at channel low 4. Expecting some upside correction NOTE: Wait for price action to confirm the importance of these levels. If you find...
Nov 15 2015: BEARISH EURUSD WEEKLY; Last week produces indecision candle (Analysis Based on Weekly charts) Criteria 1. Long term bearish channel 2. Medium term bearish channel 3. Short term bearish channel (now broken) 4. Price close below weekly SR zone at 1.0795x 5. Recent strong bearish price action 6. Last week closed as a indecision candle 7. Expect price to...