BasedBruce

BasedBruce

Harmonic Analysis with trend lines

BasedBruce

Has been in consolidation for a couple weeks now. There has been multiple reversal patterns off the MA followed by a stop hunt for shorts. Looking to ride trade back into structure @ 0.67 then eventually make lower lows.

BasedBruce Updated 

After the Daily trend line break I was looking for a retest of the trendline with fib confluence. All of this was achieved earlier today which is why I entered a short term long trade. First targets are @ 107.48 and S/L is right below the 61.8 fib and TL @ 105.95. Trade at your own risk.

BasedBruce

Short entered after the Counter Trend Line Break, with Moving Average confluence. Target is at .775 S/L is at .7942 above previous structure.

BasedBruce

Euro Dollar has been floating around this 1.24 level for a few days now. It has recently imprinted an inverted head and shoulders pattern with fib confluence. I expect the bullish trend to continue through the end of this week. First Target is 1.55, then extended targets are at 1.69. S/L @ 1.23, will be moved to break even when first target is achieved.

BasedBruce

Bullish trend continuation trade to previous highs and beyond, Euro Dollar recently broke major stucture @ 1.24 quickly after this is retraced back right into structure with fib confluence. Stop Loss @ 1.2344 Take Profit #1 @ 1.25 Take Profit #2 @ 1.74

BasedBruce

Has recently broke the major structure level @ .8 then it quickly rejected that price like it has previously in the market. After the rejection it came back up to test that same structure. Short will be held back into structure. S/L placed above CTL

BasedBruce Updated 

Trend Continuation trade after the Ma's cross and the accumulation on the 38.2 fib level. The first target is 1.00 which would be a harmonic move.