CDaley91

CDaley91

The US Dollar has been moving sideways ever since the end of summer. Price has return to an area of previous structure support (almost touching the ascending trend line. Price can either break out of that small zone and descending trend line and see rejection from that major key level of 93.10 or break above the key level for bullish sentiment.

CDaley91

As we can see, price has shot up, tested the major key level of 3101.6 twice before continuing further up. Right now, it's testing January's previous structure support of 3221 which can potentially become resistance. If price completes this head and shoulders pattern, there shall be bearish movement ahead.

CDaley91

As we can see, price failed an attempt to finalize a head and shoulders pattern to the downside. Price pushed back up and closed above the neck line. Price also made a three inside out bullish candle reversal at demand. Price shall break and close above my 1 hour inverse head and shoulders in attempt to go back into previous supply zone.

CDaley91

As we can see, price has broken out of December's descending trend line. Price eventually found support at 142.940. Right now, it's in a small bullish flag. If price breaks out of that flag, it shall go further til it reaches that level of supply. Will it show rejection from that supply level or break out and retest that level?

CDaley91

What we can see here is that price has been showing rejection from the major key level of 1593.70. Not only just that, we see multiple rejection from that zone between 1546 and 1562. Recently, price has broken out of early February's descending trend line. Will price reach that major key level resistance and show a possible rejection or break out and retest that...

CDaley91

Price has been very bearish lately, and it has been retesting that downwards trend line twice, creating a possible inverse head and shoulders pattern, indicating potential upside movement. Price has also bounced off the 7452 resistance, creating the neckline for the possible inverse head and shoulders. Let's see if it can complete it.

CDaley91

As we can see, this pair has formed an ascending wedge pattern, indicating a possible move to the downside. Price is floating in an area of supply that's dated back to May of 2019. If price forms a bearish candlestick pattern at that area of supply, prepare for further downside movement, breaking that ascending wedge pattern.

CDaley91

This pair has broken July 28th's ascending trend line after being rejected by an area of supply. Price then bounced off the 11405 psychological level before continuing lower to the 9663 support. There has been a rejection of that support level and price is heading towards an area of supply. Right now, we see a potential bear flag. Let's see if it can reach that...

CDaley91

Price broke through previous demand, pushing it down towards the 0.30580 support line, retested and broke lower towards a key level of support of 0.29030. Price rejected that support level, pushed up and bounced off previous resistance of 0.30580. Price rejected support for the second time creating a double bottom and looks like it wants to break above previous...

CDaley91

As we can see, this pair broke out of a 4-month descending trend line in and rallied up to the .88750 resistance. From there, price rejected that resistance level, broke out of that ascending channel and headed back to an area of demand in confluence with the .618 Fibonacci level. Let's see if there can be a rejection from that demand area for further bullish movement.

CDaley91

Gold recently broke out of February's bullish flag pattern and broke pass that area of supply that is now demand (1350's area). Price is now floating in the Weekly Resistance area of 1428.30 and is creating an ascending broadening wedge pattern. There is also bearish divergence on the RSI indicator. These confluences are letting me know that this pair wants to...

CDaley91

The Pound vs. Yen is stuck in a descending broadening channel. As we can see, price was rejected by that area of supply (around the 138.900 psychological level) and looks like it wants to head back into that support level of 133.950. If we can get a rejection of that previous support level, it shall form a double bottom and break July 19th's descending trend line...

CDaley91

Price was rejected twice from the 0.91---/0.92--- supply level. Price then broke below the 0.891-- structure. Price was rejected by that 0.872-- demand level, and is now sitting at that level. Let's see if it'll be rejected by that demand level pushing up and breaking that 3 month descending trend line.

CDaley91

Price bounced off that descending trend line 3 times and broke below the 1296.30 psychological level. Price is now heading down to the demand area. Let's see if it would either break or bounce away from the demand area.

CDaley91

As we can see, this pair is in a downtrend after forming a head and shoulders pattern, breaking that ascending trend line. We can also see a descending wedge, indicating a potential bullish outbreak. Price made a morning star candlestick reversal pattern at an area of demand. We could see a breakout to the upside, a rejection from the .618 + area of supply, and a...

CDaley91

As we can see on the 4-hour chart, price broke outta the bullish wedge at the 3367 support area. Price then found itself at a previous area of supply. Right now, price is creating a bullish flag pattern, indicating potential longs, but price is stubborn.

CDaley91

Price formed a descending symmetrical triangle at the 38.2 Fib level and broke outta that pattern. Let's see if price can reach back to 0.28 level.

CDaley91

Price broke out and retested October's S&D zone, forming an ascending wedge pattern. Price is now inside a 2 year S&D zone. I would like to see a complete candlestick reversal before going short.