JJFfxtrader

JJFfxtrader

Price action along with fibs allowed me to take this trade and support the downside bias.

JJFfxtrader

On this pair you can see potential signs for downside momentum. This week close of candle we can see shooting star which was formed from rejection of resistance level 1.7080 on 2 separate occasion this week. A potential flag pattern could emerge this week or the next stay alert traders.

JJFfxtrader

On the 4hr timeframe price still has some bearish momentum and is possibly looking to fulfill the next LL. The Moving average on the 4hr are still bearish and the 21 Moving average is in confluence with a red dotted resistance zone. I have placed a limit order on that line but I will monitor this pair throughout the course of next week.

JJFfxtrader

1. Price is currently in uptrend on the 1hr timeframe 2. Price rejected just above the 0.786 fib level 3. Currently the MA has not crossed over but is likely to do so if the bulls keep up with the momentum.

JJFfxtrader

1. MA Crossover on the 2hr time frame 2. MACD Divergence 3. Bearish Engulfing of the two previous candles.

JJFfxtrader

1. Double bottom 0.6960 2. MA Crossover on the 1hr 3. Price rejected on the 0.5 fib level on the 4hr.

JJFfxtrader

Price has respected price level 1.3500 then next potential price target for a long trade is 1.3650

JJFfxtrader

A few confluence screaming short lol

JJFfxtrader

Currently trapped in a range price could potential bounce one more to the upside before it breaks the bottom zone.

JJFfxtrader

Short currently in a range

JJFfxtrader

This pair has lost momentum formed a wedge pattern. Lets see how this one plays out.

JJFfxtrader

Intraday short. Head and shoulder pattern. Price action broke the neckline and is currently retracing before it could make a continuation to the downside. Currently in the trade price could retrace all the way up to 38.2 or 0.5 before make a continuation to the downside.

JJFfxtrader

Fib Retracement ABCD formation

JJFfxtrader

This currency pairs has been on a downtrend since 2013. There are some good signs looking at the current market sentiment it looks like it will start moving along to the upside. The pair reached major support at 0.68252 which is a yearly key level if you look back at to 2003 all the way up until 2009 where it got broken for a retest. As you can see on the blue...

JJFfxtrader

If price declines below the Bullish trend line. Price action will most likely begin a reversal to the downside. Good short signal would be at 1308.05 which is below fib retracement 0.382. First TP is at 1287.23 just at 0.5 fib retracement and if price action continue to decline through the bearish breakout TP2 is 1266.40 which will hit key area 0.618. Any further...