MatheusVRP

MatheusVRP Updated 

Top Down Analysis: Monthly: The pair is stuck in a range since 2015; Key Resistance comes in at 0.775; Key Support comes in at 0.7225; Weekly: Range; Key Resistance comes in at 0.78750; Key Support comes in at 0.71600; Daily: Price is overextended to the upside; May find Resistance on 0.775 level; Found Resistance at 0.7725 which is 161.8 Fibonacci...

MatheusVRP Updated 

Top Down Analysis: Monthly: The pair has been in an uptrend since mid 2012; On May/17 we've had a break of Pennant Pattern; Price made a Pullback and rejected 1.45 level with two beautiful Pin Bars, and started trend continuation on October/17; According to Pennant Pattern target projection, we might hit 1.73 in the coming months Resistance comes in at 1.625, and...

MatheusVRP Updated 

Top Down Analysis: Monthly: Down trending since 2008; Price retesting key 1.2525 Support as Resistance + Trend Line; If we see successful rejection of these levels, the pullback move from 2016 will be officially over and can expect further down movement; Weekly: Price respected an Ascending trendline from 2017, making HH and HL; After consolidation for 13...

MatheusVRP Updated 

EURJPY Top Down Analysis: Monthly: Uptrend, trading inside a parallel channel; Price is currently in between the key levels of 136.5 and 128; Strong rejection on 136.5 resistance level; Weekly: Break of key resistance level 131.9; 131.9 was support for 12 weeks, and resistance for 7 weeks; Break of that level shows signs of continuation of the monthly...

MatheusVRP Updated 

Top Down Analysis: Monthly: The pair is stuck in a range since 2015; Key Resistance comes in at 0.775; Key Support comes in at 0.7225; Weekly: Range; Key Resistance comes in at 0.78750; Key Support comes in at 0.71600; Daily: Price is overextended to the upside; May find Resistance on 0.775 level; Found Resistance at 0.7725 which is 161.8 Fibonacci Extension...

MatheusVRP Updated 

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MatheusVRP Updated 

Top Down Analysis: Monthly: The pair has been in an uptrend since mid 2012; On March, we had a break of key 1.592 level; which is the historical high in this trend; Although we have this break, price is far from the 20EMA, which means we might find a pullbcak yet this year; Bias is bullish for the April and May; Resistance comes in at 1.60800 Weekly: We have...

MatheusVRP

Pin&Drive Pattern at Key Resistance; Double Top + Fake out; Three Inside Down Candlestick Pattern; Entry: Candlestick Pattern; Stop Loss: A few pips above the High; Target Profit: Double Top Neckline;

MatheusVRP

Monthly: Falling Wedge from 04/15 Price is currently in between the key levels of 1.713 and 1.676; For 6 months price rejected key support; Weekly: Clear Higher Highs and Lows structure since 2017; Currently consolidated for 18 weeks; Break of 1.713 shows signs of continuation of the monthly uptrend; 10EMA is has been above 20EMA all this time supporting trend...

MatheusVRP Updated 

Top Down Analysis: Monthly: The pair is stuck in a range since 2015; Key Resistance comes in at 0.775; Key Support comes in at 0.7225; Weekly: Range; Key Resistance comes in at 0.78750; Key Support comes in at 0.71600; Daily: Price is overextended to the upside; May find Resistance on 0.775 level; Found Resistance at 0.7725 which is 161.8 Fibonacci Extension...

MatheusVRP Updated 

Top Down Analysis: - Monthly: Price is ranging in a rising wedge - Weekly: We've had 3 strong weeks of rallys and previous candlestick showed rejection of 50EMA. Selling pressure expected for this week - Daily: Friday printed a bearish Pin Bar rejecting the key daily level 79.150 and Mo/W descending Trend Line area, after Thursday's engulfing marubozu....

MatheusVRP

Top Down Analysis: Monthly: We've been in a consolidation of a Bear Flag since 2016, on Jan and Feb candlesticks we've had the rejection of the 91.5 level and the break out of the Bearish Flag pattern; On March, this pair printed a Pin Bar rejecting 80.550 Support; 10EMA crossed below 20EMA; Weekly: Price is in a pullback of the Flag breakout leg; Pullback may...

MatheusVRP Updated 

Top Down Analysis: - Monthly: The pair has been in an uptrend since the start of 2017; - Weekly: Last Weekly candlestick broke above previous resistance, bullish activity expected for the coming week; - Daily: Break of Bearish Trend Line of 25/01, 01/02, 26/03 highs. Although we broke above, Friday printed a Bearish Pin Bar ; - 4 Hour: First candle of market...

MatheusVRP

-RSI DIVERGENCE -BULLISH TRENDLINE BREAK -ENTRY AT THE BREAK OF THE MOST RECENT SUPPORT WITH STOP AT THE NEW LOWER HIGH - POSSIBLE C WAVE CORRECTION

MatheusVRP Updated 

-D1 broke a long trend line. -H1 completed a double top pattern Now monitoring H4, wanting to see a retracement to the 0.5 level, in confluence with 4H 50EMA