Timeframe: Daily Trend: Up -Price is trading in a bullish wedge, look for movement to 0.618 area (1.8072 level), which also lines up with the bottom area of the wedge trend line, before a potential break out. Weekly:
Trend: Inverted H and S breakout Time frame: 1 and 4 Hour Look for a retest of the neck line, i'm placing an order there with a tight stop
Trend: Up Timeframe: Daily -Price broke out of the upwards moving trend and could either be forming a new trend down or if current top support at 1.0712 holds then further continuation upwards may occur. -Stochastic is curling up, which may indicate further continuation in the short term. It should be noted that their is some bearish divergence on the daily...
Timeframe: Day Trend: Longterm - Down, Short-term - Up See the yellow filled ellipses in the chart. Once the red and green moving lines cross (red line cross over the green line) strong selling begins and price retest of the green moving line typically happens. Price currently is retesting this area (~1.23 area), some decline may be in the works as seen...
Timeframe: 4 hr Trend: Up, turning sideways Possible correction coming if price falls from current levels and breaks the neckline, possible short to 1496 and 1478. If 1478 fails then look for 1460 for strong support
Timeframe: 4 hour Bulls look to be weakening on GBPJPY and could potentially be due for a correction. Bearish divergence can be seen on the stochastic, look for potential shorts to 132.30 area down to the 130.20 area.
Timeframe: Daily Trend: Down Price bounced off the .50 fib retracement, look for a test at the 0.236 and possible further decline.
Timeframe: 4 Hour Trend: Up -AUD/USD has made strong gains over the last 2 weeks. Price is currently trading around the 0.50 fib level and is showing some rejection at the 0.50 fib level indicating that buying power is slowing down. -Bearish divergence can be seen on the Stochastic RSI, indicating some pull back may be warranted to the 0.382 level. This would...
Timeframe: Day Resistance at 1.9380 area and strong resistance at 1.9490-1.9500 area. Trust the art in the chart
Timeframe:4-hr Trend: Up Pair looks to have broken trend line. Look for potential shorts.
Timeframe: Week Direction: Sell With Brexit uncertainty and overall bearish price action over last week and this week, shorts should be looked for over the coming weeks. -Stochastic is curling up and potentially crossing over..give it some time -trend meter has 3 red bars Follow my free telegram for trading ideas: t.me
Timeframe:Weekly Direction: Down On the weekly, price has caught some resistance at the 1.65 level (shown by large wicks and equivalent "up and down" price. Look for a retest of the trend line at 1.6060 area and possible break of the trend line. Follow my free telegram for ideas: t.me
Timeframe: 4-hour Trend: Sideways/Down I am looking for price to reach up to the yellow area/upper resistance level (between $11,000 to $11,200) before entering another short to the $9,500 area. On the daily time frame this cross over coincides with the blue moving line that price usually bounces and pulls back to. Another scenario to watch out for is if price...
Timeframe: Day Short Term Trend: Up Price has been gaining some strength in the last week and half. I am looking for the price to break the support (1.0540 level) that it's trading at, retest, and move higher before placing a long. If price gets rejected at that support level (1.0540 level) or fails to hold at that level than i will be looking for a short to the...
Timeframe: Daily Trend: Down Price is trading near the 0.168 fib level, if price breaks below look for a continued short See my mid-term analysis for ETH/USD here:
Timeframe: Daily Trend: Down Price has been trading below prior support, look for a continued short down to 0.01578 area over the long-term
Timeframe: Daily Trend: Down Failed break out at 0.7015 followed by strong selling to push through prior support at 0.6857 over the last few weeks. I am looking for a retest at 0.6857 to confirm prior support is now resistance before entering a short Follow my free telegram for ideas: t.me/forex_ideas
Timeframe: Daily Trend: Upwards Looking for a possible long and retest of $13,800 area over the next few weeks.