KomyStark

KomyStark

EURAUD is on a long term uptrend, however, current price action is bearish, with LL/LH's being continuously formed for 3 weeks. A close below the EMA adds confluence. A break and retest below 1.58600 can push to extended levels. (Monthly candle closure will be important.)

KomyStark

GBPAUD is on a very bullish daily trend, with HH,HL's being supported on by the EMA & hourly treadline. Trend trading a bounce will be perfect at 1.84100 . However, price is overly extended on the smaller TF and a break of the treadline can take us into a deeper Wave 4 Retracement. to 1.82200

KomyStark

Price has broken out of the descending channel and is on a bullish run. A pullback to previous resistance and 50% zone of (142.200 - 141.800) is needed before continuation.

KomyStark Updated 

Price broke an H4 downward treadline, before retesting. H&S pattern can be seen on the lower timeframes. Retest of previous resistance can see price continue bullish. There is a hint of bearish sentiment as On higher TF as daily & 12 HR candle closure seems favouring the downside. Also noting it is a bearish trend on Daily.

KomyStark Updated 

The reason for buying DollarSwss is not just that price action has returned by a familiar vertical support on the hourly time frame.. but a Completion of a possible 'C leg" on the Gartley Formation and Right Shoulder completion. Price will also be respecting the 0.618 Pitchfork level before breaking the Vertical Hourly Treadline/Neckline and moving to the 1.272...