weekend homework
TRADE Scan on 3 brokers at end of DAY / beginning of DAY :: PFD : Switch Markets : MT4 and GO : MT5
PLEASE NOTE : This is MY observation of pairs highlighted by my pinbar and engulfing indicator and not an explanation of any trade - JUST OBSERVATIONS
MY Forex Google Share Folder
https://drive.google.com/drive/folders/1yfcaMi1GbMbSBEdV1G75hQdngFoFDyrh


FROM MY PINBAR and ENGULFING INDICATOR on the three brokers ::
AUDCHF, AUDJPY, CADCHF, CADJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURUSD, GBPCHF, GBPJPY, GBPUSD, NZDCHF, USDSGD,


2024.05.25 : (weekend),AUDCHF, engulfing , high = 0.60672, low = 0.60322
green body engulfing candle – move up through a significant level – in a forming down channel - in a wider high TF up channel


2024.05.25 : (weekend),AUDJPY, engulfing , high = 104.137, low = 103.506
green body engulfing candle – move up in a forming down channel from a double top pattern - in a wider high TF up channel


2024.05.25 : (weekend),CADCHF, outside & engulfing , high = 0.66999, low = 0.66515
green outside & engulfing candle – stalling / move back up to the top of a consolidation wide channel / area and a significant level – following a small move down from a significant level / zone – possible stalling


2024.05.25 : (weekend),CADJPY, engulfing , high = 114.995, low = 114.212
green body engulfing candle – move back up in a forming horizontal consolidation area / channel - in a multi top pattern - in an ascending wedge


2024.05.25 : (weekend),EURAUD, Pinbar , high = 1.64055, low = 1.6354
green Pinbar candle – rejection back to a significant level – top of a horizontal consolidation area / channel – clear rejection and reversal signal - possible range trading


2024.05.25 : (weekend),EURCAD, Pinbar , high = 1.4882900000000001, low = 1.48116
red Pinbar candle – rejection from a significant level – top of a trend up – clear rejection and reversal signal naked trade down signal – consider the possible trend reversal propulsion trade up / with this as a possible up trend pullback


2024.05.25 : (weekend),EURCHF, outside & engulfing , high = 0.99291, low = 0.98795
green body engulfing candle – move back up to a significant level – move across a forming horizontal consolidation area / channel – atop an up trend




2024.05.25 : (weekend),EURGBP, Pinbar , high = 0.85323, low = 0.85103
green Pinbar candle – rejection back down to a significant level – bottom of a move ( rather than a trend ) down – base of a horizontal consolidation area / channel


2024.05.25 : (weekend),EURUSD, engulfing , high = 1.08578, low = 1.08056
green body engulfing candle – move up from a significant level – in a down channel - in a wider up channel


2024.05.25 : (weekend),GBPCHF, outside & engulfing , high = 1.1654200000000001, low = 1.15945
green body engulfing candle – move up to a high TF significant level – top of an up trend up channel


2024.05.25 : (weekend),GBPJPY, outside & engulfing , high = 200.064, low = 198.926
green outside & engulfing candle – moving up in in an up trend - highest daily close ever up move toward spike highest ever chart price – contrary to the prior red pinbar and probable propulsion trade up


2024.05.25 : (weekend),GBPUSD, outside & engulfing , high = 1.27509, low = 1.26712
green outside & engulfing candle – move back up to a significant level – top consolidation ‘P’ pattern atop an up trend - possible ‘V’ recovery pattern


2024.05.25 : (weekend),NZDCHF, outside & engulfing , high = 0.56022, low = 0.55689
green outside & engulfing candle – move back up to a significant level – top consolidation ‘P’ pattern atop an up trend - possible weekly trend change


2024.05.25 : (weekend),USDSGD, engulfing , high = 1.35264, low = 1.34911
red body engulfing candle – move down from a significant level – in a down channel - in a wider up channel – in a monthly consolidation area mess




WS30, – moving down from a chart / all time high - in a possibly forming descending channel


XAUUSD – stalled small move up following moving down from an all time high – possible weekly double repo forming
& XAGUSD – stalled small move up following moving down from a recent high


Oil – possible recovering from a moving down afer stalling for a time


crypto stalling - indecision


GOOD PIPPING



Old Jungle saying : Phantom moves silently as fog.