NathanJoelCastles

NathanJoelCastles

Great over extended daily run approaching at a key area of resistance. Looking for confirmed momentum on that daily timeframe . 1 Hour timeframe has what appears to be a failing bullish trend with the upward sloping trend line being broken to the downside. At this point I will be monitoring a pullback once a confirmed low is formed into a key area of confluence...

NathanJoelCastles

Clean over extended daily run at resistance with clean deceleration. Will be looking to the intraday time frame for a confirmed break down giving bearish confirmation on the daily timeframe at the same time. Will look to re enter on a pullback and confirmed 1 hour Lower High. Profit target at the daily 50EMA

NathanJoelCastles Updated 

Very clean Continuation pattern on the daily timeframe. At this point the USDOLLAR is looking weak accross multiple pairs whilst breaking support on the DXY. I feel a further decline in the USD is imminent coming into the next month. I will be looking here for a retest of the triangles support turned resistance followed by confirmation on the lower timeframes....

NathanJoelCastles Updated 

Currently breaking out of consolidation with solid momentum. After consolidating for close to 2 months at the key area of support and a range bound daily timeframe, we are finally seeing the momentum and breakout of resistance. At this point i will be looking to a daily lower high to confirm this weekly move and look to position accordingly. FX:EURUSD

NathanJoelCastles

Over sold run, requires pullback, intray day deceleration with a breakout, looking for higher low on the 1hr to enter taking it up to the next daily resistance zone

NathanJoelCastles

Intra day trend change with break and re-test.