Lon
MLN ENZYME READY FOR NEXT PUMPAm gonna try to catch the next pump on MLN/USTD. Eazy quick 2/3x short term.
Cup and Handle, lets wait for the bait to go firstYes, I see that too but let's wait for the minions to first. We can see how those with the little patient are getting screw right now and we as intelligent trades want no part in that, so our best tool is to wait for confirmation
such as a big wik for example.
EUR/USD LONG 19TH APRILDaily - Currently broken structure at the beginning of April with an Inverse H&S now shifting the market into a Bull Market looking to create an LH.
4H - Had a nice Bull run on Monday 13th which started to move into a consolidation going into Wednesday 14th which has lasted until Friday 16th.
1H - Fibs placed on the 1H TF at the bullish order block but we could see a 3rd touch wick down to the 1.19500 level to grab the stop/limit liquidity resting below the equal lows before proceeding on the Bull run.
15M - Looking to enter on 15M which is currently on a short term downtrend reaching for Bullish Order Block (ICT)
ALONG WITH THE HEAVY NEWS NEXT WEEK FOR THE EURO & POUND
ENTRY - 1.19640
STOP - 1.19440 21 PIPS
TP - 1.20900 125 PIPS
Bullish EURUSD valid through 3-8-21After a dramatic pullback by the bears in the market, I now see support found on the higher timeframes giving me the presence for a BUY goin into NFP.. I do not see technical presence indicating a bullish DXY..
EURUSD
ENTRY - 1.19600
STOP LOSS - 1.19400
TARGET 1 - 1.20200
TARGET 2 - 1.19900
Completion of Elliot WaveA per my previous post, the wave was predicted correctly but shifted upward about 3k$. However this shift will have its effects in current wave as a wick from bellow 40 to ~35K. All other things will go as planned to reach final destination (80K) of probably first major bullish wave.
AudJpy Short position on this pair.
-Price has been sold off on the weekly and daily time frames.
-Price action has pulled back to test previous support which now could potentially turn into resistance.
- Daily resistance lines up with 0.5 Fibonacci retracement.
- Downside target of 75.000 round number
- Will need to see some clear rejection of this area and before looking for short positions.
FTR- Fallen angel pattern breakout Long from current levelFTR looks very good at current level as it has really good money flow index. We think it will continue upward from here.
* Trade Criteria *
Date First Found- April 12, 2018
Pattern/Why- Breakout Long, Fallen angel pattern
Entry Criteria- From current price ($8.82)
Exit Criteria- Momentum
Stop Loss Criteria- $7.93
Indicator Notes- Really good twiggs money flow index
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Connors' Price Action Analysis // USDJPY Is Safe To LongLast idea, we have made 20 pips on UJ longs.
USDJPY is currently forming a strong long, so it is expected to stay long for the next 3 hours from now, which can make me a profit between 15 pips. because thats what I aim for, unless there is more confirmation on my grid.
I will be updating this chart as time goes by. It'll surely be a good trade. Stay tuned!