D_Market_Outlook

D_Market_Outlook

1. Double top is formed, 2. Lower close from previous low in the daily chart 3. Structure rejection 4. RSI making lower lows

D_Market_Outlook

1. Structure has broken and now price action is unable to break through structure 2. Broken out of triangle *Need wait for sell signal, close below structure

D_Market_Outlook

1. Retracement to 0.5 fibbonaci levels for a long entry 2. Strong support structure as well on the 0.5 fibs retracement 3. Rsi does not show any bearish divergences

D_Market_Outlook

1. Broke through rising wedge 2. RSI Bearish Divergence 3. Good RR. **Wait for retracement to zone.

D_Market_Outlook Updated 

1. Double Bottom 2. Reached Demand Zone 3. Good RR. 4. UP side wick shows demand still at the zone. 5. RSI upward momentum * Risk is on rallying oil prices so this pair might need some time to rally.

D_Market_Outlook

1. Fibb level 0.5 retracement 2. Demand Zone 3. RSI is over sold 4. Lower Wicks show strong buying pressure 5. Good RR.

D_Market_Outlook

1. Demand zone holds stable 2. Long wicks from demand zone, price was not able to close below it or below daily bear flag 3. Good RR 4. Bullish divergence on RSI for for both hourly and 4hourly charts 5. AB =CD Pattern formed on hourly

D_Market_Outlook Updated 

1. Broke Channel and unable to close back in. 2. Good RR. 3. Rejected from 0.618 fibs 4. Rejected from structure.

D_Market_Outlook Updated 

1. Last Sell Zone that started the sell off. 2. Shall wait to see how price reacts in that zone. 3. Short at 2703 for a good RR. 4. RSI is very overbought 5. Harmonic Bat pattern as well. 6. Volume is still low in this rally. A lot of sideline money on the fence, thus probability for another downward move is still possible. *If price breaks this level, mindset...

D_Market_Outlook

1. Wait for 0.618 retracement and see how price will react to it. 2. Good RR.

D_Market_Outlook Updated 

1. Broke out of wedge. 2. Reached a 0.618 resistance and price got rejected. 3. Volume on the rally up is low in the daily chart. This would possibly mean that the up move is weak. 4. RSI is losing momentum and having slight bearish divergence. Hourly chart shows a stronger bearish divergence. 5.Lower close of previous candle low 6. Good RR.

D_Market_Outlook Updated 

1. Good structure rejection. 2. Lower close from prev low on 4 hourly 3. Good RR. 4. RSI is on downtrend. 5. Broke ascending wedge. 6. Some bearish divergence on RSI

D_Market_Outlook Updated 

1. Price action has shown a bounce off good weekly structure support. 2. 0.618 FIBB levels aligns with structure as well. 3. 200 Day moving averages on the weekly aligns as well with structure. 4. Good risk reward 5. RSI Bullish divergence on daily chart and oversold conditions. * The high confluence of indicators and price actions gives us enough confidence for...

D_Market_Outlook Updated 

1. AB CD Pattern 2. 0.618 retracement 3. Structure area. 4. Volume on pullback is low Would love to take this setup anytime. Let's see whether price action reaches this point and how it reacts.

D_Market_Outlook Updated 

1. Hourly Pin Bar 2. Lower close of previous low hourly. 3.Increasing volume for downward pressure. 4. Price could not close above structure and 0.786 fib level 5. Moderate RR based on 1st TP. *Would wait for 4 hour close of lower low to put in another sell order.

D_Market_Outlook

1. Still bearish momentum as shown in RSI 2. Pin Bar formed 3. Rejection from 0.618 levels 4. Price action bearish as price could not be maintained above structure.

D_Market_Outlook Updated 

1. Good RR with stoploss above structure 2. Pin bar rejection from the fibb level 3. Volume is low on the pullback 4. Rejection from trend line. 5. Lower close of previous low in 1hour time frame. Good reason for entry

D_Market_Outlook

1. Nice pullback to trend line 2. Low volume so higher probability price action is a pullback 3. Confluence with fibs level, price action could not close above 0.618 4. Pin bar showing strong downward selling pressure 5. On the 1 hr time frame lower close from previous low gives us a good entry reason. 5.Good RR.