stoko29

stoko29

Price broke above 1760 impulsively and currently respected. Previous high's broken. Looking for a pullback to 1760 area which aligns with 61.8 fib and would create a new Higher low. If we get bullish price action from 1760 area i see 1816 being a good possibility. This is just my forecast, i trade what i see not what i think. As always encourage others to...

stoko29

Price respected support and trendline. Looking for upward momentum as shown. Currently in an ascending channel.

stoko29

All brief analysis is on chart, it's pretty clear to see what my views are if strength or weakness is found.

stoko29

Divergence shown on higher timeframe. Double top. Resistance no broken since 2018. Wait for price action to confirm on lower timeframe (1hour normally). Will add my personal preference indicators to chart for added confluence.

stoko29

Daily divergence. LL - LH formed. Currently at 61.8 fib golden area. Initial move if plays out will touch daily trendline giving a 3rd tap, we may see price then push further back to the upside. If we break and retest the daily trend giving us the 3rd touch from a resistance, then i anticipate further downward momentum to longer term targets.

stoko29

Daily divergence signalling upward momentum is ending. Daily Trendline broken. Currently around an area of weekly resistance. This area was last tested and respected 2018. Looking for price to pull back and wait for price action confirmation.

stoko29

Just waiting for a break and retest Price action to confirm bearish momentum on the retest

stoko29

Looking for a break of the smaller support dotted trendline. A retest of the resistance trendline and further downward momentum. Yen index at a daily double bottom which closed with a bullish candle on Friday, not a strong one but bulls are present. EJ currently at 78.6 fib area. LL and LH formed and hopefully looking for new LL.

stoko29

Had a breakout from the major descending channel. A new HH and HL has formed. Second tap on support trendline which also aligns with a key level. Currently price is at the golden fib zone right in between 50 and 61.8 Looking for further bullish momentum to give us a new HH which would also give us that 3rd tap on the resistance trendline and align with the...

stoko29

Brief analysis posted on chart. one i'm watching. All feedback welcome. Happy Easter all.

stoko29

Analysis is briefly detailed on chart.

stoko29

Weekly bias uptrend. Daily bias uptrend. 4H bias uptrend. Daily candle closed very bullish on Friday. 4H impulsive candles showing strong bullish upward momentum. Potential pullback to fib golden zone 50 - 61.8 Looking for trend continuation.

stoko29

There are so many ways in which we can analyse the market for direction, hence i've given two outlooks a long and a short alternative.

stoko29

Brief analysis on chart. Looking to short from pullback, golden fib area 50 - 61.8 As you know we always react and adapt to market conditions and wait for confirmation. As always guys, your feedback is very welcome whether you agree or not.

stoko29

Analysis provided on chart. All constructive criticism and feedback always welcome.

stoko29

Brief analysis explanation is on chart. All constructive criticism and feedback is welcome.

stoko29

Deep pullback in to fib 78.6 area. Respected support level. Second tap on the long term trend line. Trading with the trend.

stoko29

Looking for shorts on this pair. Potential shift in momentum. Pullback into fib levels creating a new LH Anticipating 3rd tap on trend line. Dollar index closed bullish.