AlexEspinoza20

AlexEspinoza20

Major double top, indicating a high chance of a reversal.

AlexEspinoza20

Price seemed to break through heavy downwards, & with the results of the election, we could see the JPY surge. But as always, we must stay patient

AlexEspinoza20

Waiting on price to come back to previous level of support + candlestick confirmation Patience is a virtue

AlexEspinoza20

A clear breakout of the Bearish Channel could indicate that price is reversing to the upside. My bias is bullish at this time and will look to go long only after price breaks through the current resistance and retests at the zone.

AlexEspinoza20

Starting your analysis and mapping out your support + resistances level from a higher timeframe such as the weekly or daily will give you a much better understanding of where price may be heading. Remember, to be able to determine the future more accurately, we must study our past. History repeats itself as they say. *Always remember to let price action develop...

AlexEspinoza20

USDCAD appears to be going bearish at this time. Due to the 2 strong impulses and small correction. I will go short on this pair ONLY if the following criteria is met. - Price returns to the previous level of support with candlestick confirmation - Fibonacci levels enter the 61.8% zone. *always remember to use proper RISK MAANGEMENT*

AlexEspinoza20

“The Trend is your best friend” This statement holds true in all aspects of trading; and in this case with EURAUD, we see an example of this. Remember, Trading is basically “strategic gambling” when simplified to the average person. However, if we can form multiple confluences along with price action and market structure, our probabilitys go up. **Remember Risk...

AlexEspinoza20

My Bias for NZDUSD is bearish at this time. (**Must wait for price action to further develop in order to go short**)

AlexEspinoza20

We. have a clear break of the trend line. Now we wait for the EMAs to cross for confirmation.

AlexEspinoza20

EURNZD had a good run to the upside, however, it just might be coming to an end as we see 2 strong Bearish candlesticks close on the Daily timeframe.

AlexEspinoza20

EURGBP is looking very bearish & looks like we're going back down to the Daily support level. Now we wait for price to make a correction to the previous level of support with a proper candlestick confirmation.

AlexEspinoza20

Price seems to be consolidating from a Daily perspective on EURGBP & seems to be heading towards the Daily support level.

AlexEspinoza20

Patience is key when it comes to trading. waiting for market structure to form and to meet our confluences before entering.

AlexEspinoza20

Price has reached the DAILY support level, along with the breakout at the end. Will go down different timeframes for a potential Buy trade.

AlexEspinoza20

If price is expected to reach down on the 61.8 level on the Daily, then we could see a short move to the downside.

AlexEspinoza20

EURAUD has had a DAILY bullish trend line that we've been respecting for a while now. A FIB Retracement to the 61.8 level further strengthens our bias. An excellent confluence.

AlexEspinoza20

Multiple breaks of structure indicate a reversal to the upside.

AlexEspinoza20

CADCHF looks to be in a Bearish Channel & looks to be reversing on the downward trendline. Will look towards the lower timeframes for more confirmation.