FWerner

FWerner

short

FWerner

Short

FWerner

Monthly: On this timeframe price has formed a REALLY bearish marobozu candle on november 2016, it's marobozu, it's engulfing, it's very bearish. But in the following months a spinning bottom formed, some kinda shooting star but not a valid one ( again showing rejection of the 0.87000 level really strong) next candle is a hanging man, then a shooting star an this...

FWerner

monthly: on the monthly timeframe there is a VERY bearish candle, after some sort of tweezer top (i'd say a hanging man after a hammer rathern than tweezer top) a bearish continuation candle, a shooting star and this month's candle is currently a marobozu straight forward. Price is heading downwards in a channel, very strong momentum thanks to dollar weakness. In...

FWerner

Monthly: on this timeframe price has been ranging between 0.77500 and 0.72500. Price is making higher lows but not higher highs, the 0.76500-0.77500 zone is rejecting price strongly. January candle was a big bullis engulfing one, february's candle looks like some sort of hammer but it's price being rejected from the zone. March's candle looks like a spinning top...

FWerner

monthly: on this timerame price has made a lower high and a higher low in respect of the last one, im expecting further upside and the break or retest of the previous high. Price has made a spinning bottom kinda, then 2 very bullish candles, a dragonfly doji and now it's very bullish. I think all of this is because of current dollar weakness, as well as the yen...

FWerner

Monthly: On this timeframe price has been ranging between 1.27700 and 1.20, 6 consolidation candles in a row if you count this month's one. There isnt any identificable price pattern on this timeframe, though price is making lower highs but has trouble breaking through the 1.25500 figure. Atm this monthly candle look like a dragonfly doji or some sort of hanging...

FWerner

monthly: kinda like a hammer but wouldnt say so,this month candle looks like a spinning bottom (not that much tho)price has shown strong rejection of 1.05 level, but it's still in a downtrend since mid 2016 ma's are pointing downwards/sideways, kinda "correcting" themselves weekly: price has been rejected from weekly resistance 1.08 and a very (almost marobozu)...