Divi

Divi

I closed my previous short position (related Idea) on this bullish conflicting price structure. I am bullish to my upside target area, anticipating the red bearish pattern to fractal becoming a left wing on a larger bearish pattern.

Divi

The red bullish pattern is not valid so it should fail to create a new high whereas the blue bearish pattern is valid so I anticipate it to create a new low into my downside target area. The red bullish pattern I am anticipating to fractal becoming a left wing on a larger bullish pattern.

Divi

The blue bullish pattern is valid so I am anticipating price to reach the upside target area.

Divi

The red bearish pattern is invalid so I am anticipating it to fractal and become a left wing on a larger bearish pattern. The blue bullish pattern is valid so I am anticipating it to push price into my upside target area. I am still holding my daily position (see related idea)

Divi

The blue bullish pattern is valid so I am anticipating a upside move into my target area. This does not provide a clearly defined stop level which is why I went with the AUDUSD idea. (attached as related idea) This can still make a new low and the price structure is still valid whereas the AUDUSD set up if price makes a new low that price structure is no longer...

Divi Updated 

Both red bearish patterns are invalid so I am anticipating them to become left wings on larger bearish patterns. The blue bullish patterns are valid so I am anticipating them to push price into my upside target area.

Divi

The blue bearish pattern is valid so I am anticipating price to make a new low into my downside target area.

Divi

Even though price gave another push higher from my previous bearish idea (attached as related idea) I am still bearish on this pair. Price spiked the upside B level (.7265) but did not close above it so I am still holding my short position. I am trading the CD leg on the bullish pattern. See my related idea for more explanation on my target area.

Divi

The red bearish pattern is invalid so I am anticipating it to fractal and become a left wing on a larger bearish pattern. The bullish pattern is valid so I am anticipating it to push price into my upside target area.

Divi

I am anticipating the red bearish pattern to fractal and become a left wing on a larger bearish pattern. The bullish pattern is valid so I am watching for a move into my upside target area.

Divi

The red bullish pattern is invalid so I am anticipating it to fractal and become a left wing on a larger bullish pattern. The blue bearish pattern is valid so I anticipate it to create a new low into my downside target area.

Divi

I am bearish trading the CD leg on a bullish pattern. If price closes below the B level on the bullish pattern I will be looking for more downside selling pressure.

Divi

The bullish pattern is valid so I am anticipating it to create a new high. This is into a larger pattern so I am very bullish with this particular pattern.

Divi

Similar to the NZDUSD bearish Idea I just published (attached as related idea) this bearish price structure is a bit complex but they are powerful price structures and will usually create a decent trading opportunity. I am bearish to my downside target area which could end being a conservative target.

Divi

This complex bearish price structure is valid so I am anticipating a move to the downside. This target area could end up being conservative. The red bullish pattern is invalid so I anticipate it to fail to create a new high and fractal becoming a left wing on a larger bullish pattern. The blue bearish pattern is valid so I anticipate it to create a new low...

Divi

The blue bullish pattern is valid so I anticipate it to create a new high. I am trading the CD leg on an AB=CD pattern using the 100 level expansion to define my upside target area.

Divi

The bullish pattern is valid so I am anticipating a move up into my target area.

Divi

The red bullish pattern is invalid so I am anticipating it to fractal and become a left wing on a larger bearish pattern. The bearish pattern is valid so I am anticipating it to create a new low into my downside target area.