Hi!
The blue box criteria:
1. Monthly bearish candlestick patterns - February and March has ended up with Shooting Stars candlestick pattern. It is a bearish pattern and they got rejections from the trendline and from the big round number 1.0000.
2. Big round number 1.0000 should act as a resistance
3. Fibonacci retracement level 38%
4. Recently worked "hidden" resistance level
5. Even one yearly low is in this area
6. EMA 100 and 200 on the 4H chart should act as resistance
7. EMA's death cross
It is NFP week so, be cautious with your trades and your analysis, try to catch only very strong setups!
Please, take a second and support my idea post by hitting the "LIKE", it is my only fee from You!
Have a nice day,
Best regards!
*This information is not a recommendation to buy or sell, it is used for educational purposes only!
The blue box criteria:
1. Monthly bearish candlestick patterns - February and March has ended up with Shooting Stars candlestick pattern. It is a bearish pattern and they got rejections from the trendline and from the big round number 1.0000.
2. Big round number 1.0000 should act as a resistance
3. Fibonacci retracement level 38%
4. Recently worked "hidden" resistance level
5. Even one yearly low is in this area
6. EMA 100 and 200 on the 4H chart should act as resistance
7. EMA's death cross
It is NFP week so, be cautious with your trades and your analysis, try to catch only very strong setups!
Please, take a second and support my idea post by hitting the "LIKE", it is my only fee from You!
Have a nice day,
Best regards!
*This information is not a recommendation to buy or sell, it is used for educational purposes only!
Note
A really nice bounce exactly from the mentioned big round number:
🔍I do the technicals - so You don’t have to.
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔍I do the technicals - so You don’t have to.
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.