RicoTrades_
EssentialPrice made a huge push to the upside because of news, initially I was expecting this pair to dump really bad however the news wasn't in favour. I believe this pair is loosing its momentum now to the upside and we can now hopefully see this pair trend down maybe for a short period before continuing to the upside as the USD pairs appears to be really strong at the moment.
Overall trend appears bearish on H4 time frame however price appears to be making a pullback with a double bottom on lower timefeame..we can hopefully see bullish retracement to the upside before dumping to the downside again. This one is a 1:1 risk reward to the upside because of H4 down trend.
Price has reached a supply zone and appears to be rejecting resistance, we can hopefully see this pair trend down.
Price appears to have done a liquidity sweep before tapping into a demand zone, we can hopefully see this pair trend up.
Price has reached a demand zone and appears to be rejecting the support, so we can hopefully expect this pair to trend up.
Price appears to be failing to create new lows, we can now expect this pair to trend up.
Price appears to be failing to create new lows, we can now expect this pair to trend up.
Price appears to be failing to create new highs, we can now expect this pair to trend down.
Price appears to be failing to create new highs, we can now expect this pair to trend down.
Price appears to be failing to create new highs, we can now expect this pair to trend down.
Price appears to be rejecting at resistance level so Ill be shorting this pair.
This pair has been rejecting resistance so we can expect his pair to now trend downwards.
This pair was trending up and now rejecting resistance so ill be expecting this pair to trend downwards.
Price appears to be overbought, we can now expect this pair to trend upwards.
price appears to be overbought and we now expect price to push to the upside.
The higher time frame for this pair is up, how price is making a retracement on lower time frame, so this pair is good to scalp for quick short.
Similar to USDCHF this pair appears to be loosing steam to the upside so ill be shorting this pair.
Price appears to be loosing steam to the upside so we can expect this pair to trend down.