We see this as a sell for now, we posted it late and we are sorry for that.
As in my last published post, we had a sell from the tops. Now In this post we are looking for trend continuations or possible double tops drop. Market made a new low after hitting its tops so fibs are now in play for a trend sell. Waiting for market to hit the 61.8 or 78.6 levels for entries. Stay reserved. Stay hungry.
Price is on a strong downtrend where price broke the big TL and created a new low anad seems like is creating a perfect correction to the FIB level and previous structure so gonan wait and see hwo price reacts at the 144.80 level
USD/CAD eases from 2-week tops. But This pair still struggling around 1.3420, below is support line 1.3390 and then to the March 13 and 15 high near 1.3370. Weakness below the 1.3400 mark could get easily extended towards the 1.3370-65 intermediate support en-route the 1.3335-30 region. Also we are expecting Dxy to go short. But wait for further confirmation...
If you have any idea please share with me.
this 15 minute chart analysis not for trade. its for education pourpuse. i hope it will be come down.
WIth a retest now is the perfect entry run a tight stop loss incase of another break of resistance.
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart Time frame - 4 Hourly Timeframe - 1 week Actions on - A – Activating Event Currency Pair creating a Double Top B – Beliefs Market will be rejected at @1.009 level and move towards the Target 1 level @ 0.9963 Will only enter if market has been rejected by the @1.009 level. If not the trade will not be...
We have closed below the (4H timeframe) formed trend line for the USDCAD pair. The "Income Trend Signals" indicator is revealing 'heavy' downtrend momentum. Possible sell opportunity. Await for confirmation before any decisions are made. -CoderX
Gbpjpy has been bearish for the past weeks on 1h and 4h timeframes, i´ll be looking to enter shorts on any sort of retracements on highlighted area Maybe 382 fib level?
Using RSI to determine if the asset is oversold (x<=30) or overbought (x>=70) Using MACD to determine bull or bear signals. (MACD(blue) > Signal(orange), bullish) or (MACD(blue) < Signal (orange), bearish)
CADJPY - Respected area - Don't forget %2 Risk management... Thank you for your likes and comments :)
NZDCAD Projection - Thank you for your likes and comments :)
EURNZD Head&Shoulders - I am waiting for a pullback for shorting opportunity.