NoCeilingsTrading

NoCeilingsTrading

1.) Price is in the monthly/weekly supply zone. Price has had trouble breaking this zone and I think price was just consolidating and gathering momentum to make a bearish push. 2.) Price formed a double top, after an uptrend. A double top formation at the end of an uptrend can signal a potential reversal. 3.) After forming a double top, price then broke the...

NoCeilingsTrading Updated 

After price finally made it's bullish push and breaking out above the resistance trendline, I am expecting price to pullback and test that area, creating a higher low. Price broke out above but ultimately ended up respecting/meeting resistance at the 110.0 major point. Price also retraced and tested the 78.6 fib level then ending it what appears to be a...

NoCeilingsTrading

Price retraced as expected. Take a look below at the original analysis

NoCeilingsTrading

Price made a retracement as expected, is it time now for usdcad to make a bullish push? We'll see Take a look at the original analysis below.

NoCeilingsTrading

Price has hit my target area. Price is now at the daily resistance, price can either breakthrough and trade a little higher or form a bearish candlestick reversal pattern in this area then drop. Keep yours eyes open. Take a look below to see the original analysis.

NoCeilingsTrading

Price has hit my target area. Take a look at the original analysis, below

NoCeilingsTrading

Price pulled back and tested the break of structure, which correlated with the neckline of the double bottom, and the 61.98 fib level (if you drew a fib from the new low to the new high on the 4hr timeframe.) I am expecting price to to ultimately test the previous higher low, which also correlates with the daily resistance and the 61.8 fib level. Take a look at...

NoCeilingsTrading

After price pulled back as expected, price then began to make its bearish push. Take a look at the original analysis below.

NoCeilingsTrading

Initially price began making higher highs and higher lows. Price then met resistance at the monthly/weekly supply zone . Price attempted a breakout below this zone found some form of support. I am expecting price to attempt another minor bullish movement, which will potentially create a double top then make it's bearish push to the downside. Like if you agree,...

NoCeilingsTrading

My overall bias on EJ is bearish. Initially, price found support at the monthly/weekly support zone. Price then began to make a series of higher highs and higher lows, which serves as confirmation that price was an in uptrend. Then price met resistance at the daily resistance zone. The daily resistance zone also correlates with the purple trend line and...

NoCeilingsTrading

Initially, price was on an uptrend, making higher highs and higher lows. Price then met resistance at the daily resistance/supply level. Here price then formed a double top, which when a double top occurs at the end of an uptrend it can serve as a candlestick reversal pattern. With this formation also occurring at the daily resistance, this is potentially a...

NoCeilingsTrading

I am seeing some bearish pressure on the DXY. Originally price found support at the monthly/weekly demand/support level. Price was making a higher highs and higher lows. Price then met resistance at the daily supply/resistance level and began it's bearish move to the downside. I can potentially see price trying to make one last push to the upside. I think...

NoCeilingsTrading

I have a bearish outlook on USDJPY. I am expecting price to make one last bullish attempt, before finally dropping as expected. I think the another minor push to the upside will create a double top or complete the head of the possible head and shoulders formation, from that point on i will be looking for a bearish candlestick to enter a sell. I believe that...

NoCeilingsTrading

After a nice sell of and a breakthrough of the daily support which is now daily resistance. Price also broke below the previous low, this is known as a a break of structure. This signals that price is no longer bullish and will continue a bearish move. price found support at the monthly/weekly demand zone. Here is where price formed a double bottom, which at...

NoCeilingsTrading

I am long on GBPAUD. Price is currently in the Monthly/Weekly Demand zone. Price has been on a steady uptrend forming higher highs and higher lows. Price has also been respecting the trend line. After the sell off price formed a potential reversal candle, and found support at the monthly/weekly demand zone.

NoCeilingsTrading

I am expecting price to make one last push to the upside, before falling. This push can possible create the right shoulder that I am anticipating. A head and shoulders at the end of an uptrend can signal a reversal pattern. This candlestick formation along with price respecting the monthly/weekly supply level, is a strong confluence.

NoCeilingsTrading

I am looking to short NZDJPY. Originally price was making a higher highs and higher lows. Price then entered the monthly/weekly resistance supply zone. Price than formed what appears to be a double top, and price has been unable to break through. Also a double top at the end of an uptrend can serve as a bearish reversal pattern. That along with price...

NoCeilingsTrading

Feel free to like or comment. Especially if you see something different or think otherwise state your reason(s). I am open to seeing others point of view. 1.) Here price found support and formed a double bottom pattern, which is a bullish formation and started off the uptrend. This also serves as the low. 2.) After the double bottom was formed, price confirmed...