BMTRADING

BMTRADING

AUDUSD SHORT -Aussie seems to be losing steam to the upside reversing at the PRZ which doubles as the 618 fib and a short of this corrective leg might be due. I need a clear BE candle with a LL, LC under MA's in order to short till 0.721-0.716. PIP TARGET: 272 PIPS STOP LOSS: 70 PIPS 3% RR

BMTRADING

-MARKET REACTING FROM THE 1.09 DAILY SUPPLY ZONE DOUBLE TOP AND BEARS COULD BE TAKING OVER TO ATLEAST TO COVER THE GAP. IF THIS DAILY ENGULFING CLOSES THE WAY IT IS NOW WE SHOULD GOOD TILL 1.07. PIP TARGET: 109 PIPS STOP LOSS: 67 PIPS 2% RR

BMTRADING

-HH's AND HL's LOOKS LIKE ITS KEEPING THIS TREND BULLISH FOR THE LONG TERM. LOOKING FOR A 1.33 TEST. MADE A 1.26 RETEST AND A DAILY INSIDE BAR FORMED. GOING LONG AFTER A FRESH HIGH. - 356 PIP TARGET - 215 PIP STOP - 2% RISK

BMTRADING

BULLISH BAT, CONVERGENCE, ETC GOING LONG TILL 1.31254 AS MY FIRST TP AND 1.33864 AS MY SECOND TP. BOTH SCENARIOS ARE ON LISTED. GOOD LUCK.

BMTRADING

ENTERING THIS ON DAILY AS SOON PRICE ACTION ALLOWS. HIGHER LOWS AND HIGHS AND I'M GOING LONG.BULLISH MOVEMENT ON LOWER TFS INDICATE BUYERS ARE TRYING TO TAKE BACK CONTROL. EXHAUSTION CANDLE ON WEEKLY ALSO CAN INDICATE PERMANENT UPWARDS MOVEMENT. THE CONS OF THIS TRADE IS THAT DEMAND ZONE TREND IS CURRENTLY SITTING ON IS HIGHLY WEAK DUE TO THE MANY PRICE TESTS...

BMTRADING Updated 

Taking short upon respecting the 114.682 level with a TP of 108.268 and a STOP of 116.273