ChadMartin

ChadMartin

Looks like this pair is setting up for a possible Daily Bullish Butterfly. Give it a few more days to reach point 'C' and use a lower time frame for best entry on a short position.

ChadMartin

This pair is still sitting in a downward channel. I would wait for a break, and possible retest of its current 4hr consolidation before taking a trade. Lower time frames may give a better entry.

ChadMartin

I have 2 possibilities; 1.) A Head & Shoulders pattern on the 4hr (), and 2.) A Last Kiss (). The Daily shows that this pair is over bought on the RSI. I would like to see a pull back using one of these setups for a long entry because I believe that might be the direction of this pair long term.

ChadMartin

Could gap down, consolidate, false move high and continue its drop to bottom of channel. Alternatively it could gap up just above the supply & demand zone, drop into the zone, consolidate and rise. I would use a lower time frame to determine my entry for either trade setup.

ChadMartin

Rejected most recent daily resistance. Could do a retrace into the marked area and continue to fall.

ChadMartin

Looks to have a rising wedge on the daily. Dropping to the 4hr could do a pull back into the highlighted supply & demand zone, or even break through it for at least a retrace to the 38.2.

ChadMartin

Possible consolidation the first few hours of the market with a move high into a drop or break consolidation to the bottom with a retest to the zone, drop near the 61.8 for a full retrace on the daily and rise.

ChadMartin

Would like to see a Morning Star candlestick reversal pattern at the highlighted area to create the double bottom on the 4hr. Consolidate, false move short and then rise.

ChadMartin

Open with a gap down followed by a false rise, consolidate inside of or just above the zone and continue its drop.

ChadMartin

At the moment the possible daily double top is holding. Dropping to the 4hr it could also do a double top. If which if that occurs, it may do a full retrace to the 61.8

ChadMartin

Would like to see the double top play out into the zone with possible consolidation into a rise or continue its drop. With the possible daily double top, there could also be a potential H&S setting up.

ChadMartin

Waiting on a breakout in either direction of the zone followed by a possible last kiss. Higher time frames indicate a possible rise.

ChadMartin

Would like to see it reach the supply & demand zone maybe consolidate, do a false move high and drop or just drop right out of consolidation.

ChadMartin

Directional bias is a short. I would wait for a pull back into or just outside of the supply & demand zone with some consolidation before it makes its move. Could also do a false move to the high side of the zone and drop. Use lower time frame for trade.

ChadMartin

Remains in a downward channel. You could wait for a pull back to the recent small 4h consolidation or even to hit that small supply & demand zone. I would use lower time frame and candlestick reversal patterns to determine my entry.

ChadMartin

I would like to see a pull back into the recent zone it closed just outside of before it continues its downtrend to the next zone I have marked.

ChadMartin

Could do some contract accumulation I would guess between price points of 0.86657 & 0.86269 for a few hours and either false move high and drop or just drop. Alternatively it could reject price where it is and continue long.

ChadMartin

Has a weekly inverse H&S. Dropping to the 4h, it could do a double top or a H&S also for a pull back to the 50 to continue its weekly setup. ***Fib was drawn on the daily.***