rejections

- Bearish divergence on the H4 using stochastics - Price seems to be rejecting the major daily resistance level of 114.33 and started to consolidate on the H1 before breaking out this zone to the downside - Could see price heading towards 113.00 as it fulfils the fibonacci 38.2 level on the D1 as a well due retracement after consecutive bullish moves

- EMAs crossover on the H1. - 38.2 fibonacci level fulfilled, retracement could be over and EUR/JPY should fly and form a new higher high towards 134.00 region. - Daily support level of 131.81 has held up and price has rejected this on the D1. - Both EMAs acting as a dynamic support on the H4.

USD/JPY has formed consecutive lower highs indicating a bear market on the H4. On the daily you can see price bouncing off the daily support of 110.07 few weeks ago and retraced to the 61.8% fibonacci level before continuing the bearish momentum. Price has struggled to break the H4 resistance level of around 111.41, forming spinning tops and dojis with long wicks ...

GBP/AUD is seeing a much anticipated retracement after melting out of a series of consolidation ranges that kept price action in between since mid June. Subsequently this pair has created a new lower low before initiating this correction that is taking place which seems to be coming to a halt as we can see a bearish divergence on the H1. RSI illustrates that price ...

Simple Short. Nothing fancy , just S/R and rejection candle. DYOR and don't risk what you cant afford to lose , Stop would be on one of the highs , but still TBC

Lovely opportunity. Simple analysis. Sloping channel , bounce off 200 sma. Also check the daily candle. Could be a beauty.

Basic S/R and candle sticks , Esy to set a stop. Nice targets. As always DYOR , Don't trade if you cant afford to lose , never trade more that 1.5% of your pot

This week the EUR/USD has hit a major resistance point, shown above, having been tested twice and upon both occasions the price has been rejected. Watch closely this coming trading week, depending on news releases throughout the week regarding both the euro and US dollar (beginning Monday 24th April), could tip the price either way. Will be posting an update and ...

Chart explains the reasons behind the setup. Also closes below the 20SMA/Centre Bollinger band, which adds weight to the setup.

We've had that all important rejection of the 1.25 level. I was being a pussy so i missed out on a few pips since the rejection. I missed my opportunity on it but I'll still be trading the 4HR breakout swings. We may see some ranging on this pair. The steeper it gets, the weaker. SO, before we see a long opportunity, UC will range for a few days and consolidate ...

Rejection on daily plus other jpy pairs showing bearish momentum, with the BOJ news coming out I speculate safe haven strength. Technical factors are simple.

Price action has respected the weekly trend-line time and time again, which gives confirmation that we are going with the trend which increases the probability of this trade. (confluences) 1. Support level at 1.3333 has been extremely reliable, as this level has been playing the major role in candlestick rejection. Price action has been rejecting this line from ...

Price rejected at important line, could either go up or down

aussie/dollar rejecting key level now, possible short trade now or price can go further up to test the (potential) trendline and key level 0.7512

When it rejects the line, completes the double top and breaks the lows of the retracement, you want to take it short to the 0.9174 level as projected on the chart. Will keep this idea updated

If price gets to the .7416 level, wait for a rejection and bearish break of the lows of this retracement. I'll keep this updated

short LET SEE HOW IT PLAY OUT

Price has opened at the support trendline today Stochastic is oversold and currently turning upwards from that area. Weak CAD can be seen in both USDCAD and here, EURCAD. Not too good R:R ratio, but this trade fits my technical strategy so I will take it. Have less emotion, and be more patient. Good luck comrades.