Demand Zone. Looking to target supply zone. 1:1 then stop Loss to break even.
Looking to go short at Fib Zone . Retest of structure before price goes Lower 3rd trendLine bounce will bring price up to our zone. If an opportunity presents itself we will look for Entry
Strong weekly Bullish candle from the previous week. Broke Monthly 1.300 Level. Daily retest of key level. trading above 200 EMA (4hr). Currently retesting structure. I see a few wicks indicating weakness respecting 20 EMA (1hr). Need a reversal signal 30 min , 15 min, looking for entry at last resistance which is now support. Lines up with our Fib Level. Split...
Last month strong Bullish candle. Engulfing 4 previous months. Currently trading below 200 weekly structure. has broke @ 135.00 Level. Broke weekly level. uptrend Weekly. 2nd time it has visited this level. Looking to retest weekly before we enter Long. Or Break resistance level and wait for a retest of that to enter long. Daily trading above 200,50,20 EMA's....
Last month, Strong bearish candle. Weekly trading below 200,50.20 EMA. Last week closed Below monthly level 106.00. Daily tweezer tops formed at Monthly 106.00 which indicates a reversal. Anytime there is a break of structure we will retest structure. On a 4hr we have now broke previous Low @ 105.600. Respecting all EMA's on a 1hr time frame. Fibonacci Levels...
Picking up on USD short trade . Looks like could come back to revisit Monthly 106.00 another time before coming back down to next key Level. Stop Loss in Place. Holding the trade . will look for re entry . Looking for weakness. wicks. 71% fib Level. GbpUsd needs to break zone and retest before we can Enter. Will revisit shortly
Usd/Jpy price is around 106.00 range. Broke Monthly Level and finally came back to revisit that level. Previous Daily closed as rejection. Forecast is Usd weakness & yen strength. Rejection of 71% Fib Level. EMA 20 resistance on a Daily Time Frame. Closed below 20 EMA on a lower time frame. Counter trendline 1 hr? Us News at 5:15 am PST Non-farm Payroll. News 7 &...
Movement to the downside. Overall trend looking bearish.
Selling this pair on the break of the 4 hr trendline. First take Profit at 1.3309 Take profit 2 at 1.3279
Break of Weekly Trendline came back to retest the area. Currently below 61.8 Level respected the Zone. Take Profit 1 set at 139.00 .
Shorting this pair to the next support. Waiting to see what happens at 76.00 Area. -EricCee
I see a break of a daily up trend. On a 4 hr chart I see a crossing of the moving averages. 61.8 Fib level also respected. Will take a short position. Bearish engulfing candle at break of trendline.