241.Bullish environment.
2.Rejection of monthly trendline and 4H support.
3.Break of weekly countertrendline on 1H.
4.M formation on 4H.
Swingyourfreedom
231.Bearish environment.
2.Break of weekly countertrendline and retest.
3.Break of structure on 1H after the pullback.
EURUSD Breakout Confirm !!! Bear in ControlStrong support breakout.
Bear controls the market.
Targetting sell at the end of correction.
Ideally in the zone highlighted
Bearish Biased on EURUSD ???Bearish biased on higher tf, weekly and daily.
Strongly support by the ascending channel breakout on H4.
We are expecting price to retest the area of sensitivity (1.128-1.129)
Alternatively, pending order at 1.122 (inside bar candle on daily)
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Ascending channel breakout. Potential bear ??Clearly shows the ascending channel has been broke.
Bears in control.
Wait for a pullback before we execute the orders.
Entry at : - Zone highlighted
- Fibonacci retracement
- wait for price action in that area.
EURJPY H4 BREAK AND RETESTStrong buying pressure on higher TF
Trendline (blue) breakout and wait for retest before we are going long.
The ideal area for going long
-trendline (red)
-daily support area
-61 fibo retracement
And still, we need buying signal/price action in that area before we execute.
EURJPY H4 break and retestStrong buying pressure on higher timeframe.
Trendline has been broke on H4.
Waiting for price action in the resistance area before we are going for long.
NZDCHF M30price rejected at the daily trendline
long candle formed at smaller TF
price rejected at .61 fibo
expecting a continuous downtrend
AUDCAD H4 ascending channel Currently there is no clear direction on this pair. If there is a rejection or price action on the trendline, I would go for buy.
However if the price manages to break the channel, ill be waiting for retest and go short
