• After flirting around the Resistance area, we managed to break through it.  Any retest should perform a bullish candle setup signal on a smaller timeframe
• I have put in another chart with 3 Moving Averages Study, 
• Note that we are hitting against the 200 Day Moving Average and very close to next resistance
• I have drawn in some projections on the Daily chart but only vaguely.  
• Taking a short is against the strong trend
• Taking a long now - we are hitting resistance soon / and 200MA is hitting right now
• Ichimoku Study - Bullish

• Very strong bullish run, where now we will wait for retrace to the broken resistance which should become support together with the ichimoku clouds

• A false break of a newly developed bullish channel with a very good strong bullish candle from support
• As well as bearish clouds are thin and with the strong bullish momentum looks like it will break

• As per Daily and Weekly, bullish momentum should continue to at least the Monthly pivot, before a retracement perhaps before breaking the MR1

• Bullish Cypher still in play

• Last weeks price action was bullish and we recovered nearly half of the sell off of the previous wk prior

• We had continuous bullish price action daily candles
• Broke through resistance, however nearing another minor resistance
• We are also trading in the ichimoku clouds and Stochastic is trading in a overbought zone

• As you could see the bullish cypher identified over a week ago did play out quite well
• This is a 4 Hourly chart, where we have broken through the Ichimoku clouds, however we are in an area of potential resistance (yellow zone) and market could retrace to the downside to test the support zone in the following days.
• We are also travelling on the upper line of the ascending channel., 

• Very Bearish Candle after market retest resistance level, 
• With the heavy momentum it will not surprise us if we break below the lows of 2014 and find the major support level as shown on the chart

• Daily candle is a doji which suggest a pause on the bearish run, and more often suggest a reversal

Hourly Chart

• Identified this cypher pattern which suggest a correction
• Last few hours Price action does show some strength of the bulls
• MACD - (not shown on chart) is starting to cross

Daily Chart

• On a Daily Chart we could see a huge fall continuous for 4 days
• Fall from ascending channel 
• Looks bearish and some may argue we could find lows as we continue the bearish tone. However I have spotted this cypher pattern which could work nicely due to the fact these patterns if formed at top and bottoms work much better

• We have a potential Cypher Pattern
• Stochastics is extremely oversold but remains in the oversold (slight divergence) - this doesn't mean anything but still in a bearish mode
• RSI - slight divergence where its starting to head up above 30

• Shooting Star Candle on the Daily
• Stochastics crossing

• Stochastics and RSI divergence
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• As we break previous support, There is a wide gap until I can see any support - (You maybe able to see on a weekly chart)
• Using fibs retrace and ext, i have identified a potential strong support level which also is few pips BELOW possible supply demand area on the weekly chart.

• Our bias for this week is bullish as we had rejected the monthly pivot, which also is confluence level of 61.8 fib back
• Descending Trendline was broken (not shown on chart), however fell back into it slightly after Last Thursdays big candle

• On the hourly chart, price action is moving upwards, (slowly)
• Although bias is bullish for the week, i have a short trade as shown on chart