Ethan_FX

Ethan_FX

i have taken 2 positions on this move of eurusd. the first was right at the top of the head and shoulders which i pinpointed yesterday, following this all the way down until the retracement started to occur. The second was at the top of the retracement, PP was hit and 50 fib was rejected so i waited for the confirmation candle on the 1hr chart before i took this...

Ethan_FX

perfect set up just been confirmed. 50 Fib rejected as well as pivot point. Fib works great on the EU as is very susceptible to retracements.

Ethan_FX

Nice H&S forming here on EU.

Ethan_FX

My analysis for the week of EURUSD. The uptrend that has occurred over the past couple of weeks seems to have come to an end. Price is now starting to dip. As you can see a hidden bearish divergence has occurred on the 15TF. We have also seen price start to reject the BB which is currently acting as a dynamic resistance. We see price settle on the 50 Fib mark on...

Ethan_FX

Could retest here and carry on bullish

Ethan_FX

EURUSD

Ethan_FX Updated 

Price seems to have made a support on the past resistance. I've put my stop loss at juts below the previous high.

Ethan_FX

Price has started to show a bearish divergence Resistance has been hit and looks as if this has also been rejected.

Ethan_FX

Rejection of resistance, Market overbought

Ethan_FX

EURAUD sitting on the support looking likely to reverse at an minute.

Ethan_FX

I have entered the trade on my previous post. scaling down to the 15 minute candle in order to enter at the perfect time i am expecting 2r on this one

Ethan_FX

This is what i am looking for as an extension of my recent post!

Ethan_FX

NZDUSD us currently on a heavy resistance at 0.61562. This resistance has held a few times in the recent past and we hope it will do the same again. There may be a but more room for bullish movement so i am not going to enter yet. looking for MACD reversal as well as a nice bearish candlestick pattern to confirm my entry point. Market currently in overbought condition.

Ethan_FX

A rising wedge is starting to form on a strong resistance. Markets slightly overbought but i think there will be a bit more bullish momentum before the trend changes.

Ethan_FX

This is the trade i have taken up as a result o the factors on my last post. Any ideas let me know!

Ethan_FX

Unfortunately we were stopped out of our last trade which was a bit of a surprise, Never the less another opportunity has presented its self straight off the bat Market still overbought which we love to see. Again going to wait for the MACD cross over to confirm rejection of resistance at 10.945.

Ethan_FX

Crazy bullish breakout on EURUSD, Major overbought conditions, Waiting for the MACD cross over then will enter.

Ethan_FX

Extension of my last post price has also hit the 61.8 and bounced of it