indyonthebeat

indyonthebeat

Daily high - strong engulfing sell candle Falling wedge - broke out toward down side LL created on 1H TF Wait for price to break LL

indyonthebeat

Strong down trend Wait for correction to touch trend line. Wait for LL to form once trend continues

indyonthebeat

USDCAD major downtrend on 1hr and 4hr wait for break of support

indyonthebeat

Head and shoulders forming wait for break of support and retest and break of support again

indyonthebeat

Broke trend line CHoCH - LL/LH formed wait for break of support

indyonthebeat

Broke out of consolidation Retested previous resistance and its now the support -CHoCH confirmed wait for price to break previous high. to enter

indyonthebeat

Near bottom trend line of rising channel Strong bear impulse near trendline OVERALL UPTREND Wait for break of price going up or down

indyonthebeat

Daily engulfing bearish candle 4H downtrend Broke out of falling channel Wait for break of support on 1H

indyonthebeat

Inverse head and shoulders: broke above neckline wait for break of current 4 hour zone

indyonthebeat

top of channel touched - CHoCH head and shoulders formed on 1H LL formed

indyonthebeat

Top of channel touched -CHoCH head and shoulders formed on 1H LL formed

indyonthebeat

daily - downtrend / broke out of ascending wedge LL created

indyonthebeat

1D - Break of trend 4H - LL, LH retest at resistance

indyonthebeat

1M- DB 1W- broke weekly high 1D - breaking highs 4H - wait on retest

indyonthebeat

1W - strong uptrend impulse - RSI overbought 1D - broke weekly high HH, HL 4H - wait on break and retest

indyonthebeat

Broke weekly supply level to upside. HLs and HHs formed on daily and 4H. Wait for retsest at either demand zone on 4H or 1H.

indyonthebeat

Major weekly downtrend. Daily downtrend continued after pulling back to 0.985. Bearish Channel formed and held on 4 hour timeframe. Look for sells at the top of the bearish channel. May consolidation near top or plunge so set an alert.

indyonthebeat

Oil is lingering at weekly demand level. Appears to be an inverted head and shoulders pattern forming on the 4 hour timeframe. Looks like a CHoCH may be happening. Let’s see what oil does as energy costs continue to rise and the DXY rises with inflation.