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WSA

USDCAD ShortDaily Trendline being respected H4 - Price came up to 61.8 FIB, touching a H1 Exhaustion Zone before reversing back to the downside, Creating a FAT Bearish Engulfing H1- Cross of MA's, Multiple Bearish Engulfings, Minor Structure was broken and retested < H1 - Minor Trendline Break and Retest, Already in the trade 1st Entry @ 1.30666 2nd Entry @ 1.30456 Going to be looking for potential entries to come in the week Had entered early @ 1.30622 but got stopped out due to being impatient and not waiting for confluences/confirmation
Short
by sebdurbanocrypto
3
GBPJPY LONG BIAS TO 141.70REASONS: -Monthly Timeframe candlestick is bullish -Weekly Timeframe candlestick is a bulllish doji with seller exhaustion (wick at the bottom of candle) -Daily Timeframe candlestick is bullilsh and the previous 4 candlesticks have sellers exhaustion (wicks at the bottom of candles) - Lower Timeframes correlate with higher timeframes My Purpose: I am executing projections and trades that create generational wealth for myself and others. Sidenote: Always optimize. Your phones and PS4s update themselves , make sure you do that with your life! Learning & Applying PRICE ACTION is key. Learning & Applying PSYCHOLOGY is the lock on the door !
by SpacePharaoh4D
GBPAUD LONG BIAS TO 1.90000REASONS: -Monthly Timeframe candlestick is bullish -Weekly Timeframe candlestick is showing sellers exhaustion (wick on the bottom of candle ) -Daily Timeframe , the past 4 candlesticks showing sellers exhaustion (wicks on the bottom of candles) -Lower Timeframe correlating with higher timeframes My Purpose: I am executing projections and trades that create generational wealth for myself and others. Sidenote: Always optimize. Your phones and PS4s update themselves , make sure you do that with your life! Learning & Applying PRICE ACTION is key. Learning & Applying PSYCHOLOGY is the lock on the door !
Long
by SpacePharaoh4D
USDJPY BULLISH BIAS TO 109.20 ANALYSISREASONS: -Monthly Timeframe candle is bullish with a wick at the bottom (sellers exhaustion) -Weekly Timeframe candle shows reverse head and shoulder pattern -Daily Timeframe candle shows exhaustion from sellers and buyer (wick at top and bottom of candle) -4HR Timeframe shows sellers exhaustion with doji -Lower timeframes correlating with higher timeframes My Purpose: I am executing projections and trades that create generational wealth for myself and others. Sidenote: Always optimize. Your phones and PS4s update themselves , make sure you do that with your life! Learning & Applying PRICE ACTION is key. Learning & Applying PSYCHOLOGY is the lock on the door !
Long
by SpacePharaoh4D
GBP AUD SHORT BIAS TO 1.80559REASONS: -Monthly Timeframe Candlestick shows Buyer exhaustion with a wick on top of this months candlestick , which is also bearish -Monthly Timeframe Candlestick shows price in a consolidation zone between 1.85000 and 1.764000 -Weekly Timeframe Candlesticks also show buyer exhaustion with the last two weeks of candlesticks being wicks at the top of the candles -Daily Timeframe Candlesticks show that price created a lower low , breaking the uptrend it was in -4HR Timeframe shows that price retraced to the 38.2% level and that retracement was also at an area that was previously a strong support , now strong resistance. (1.81555) -Lower Timeframe correlates with higher timeframes My Purpose: I am executing projections and trades that create generational wealth for myself and others. Sidenote: Always optimize. Your phones and PS4s update themselves , make sure you do that with your life! Learning & Applying PRICE ACTION is key. Learning & Applying PSYCHOLOGY is the lock on the door !
Short
by SpacePharaoh4D
1