1. Wolfe Wave completion 2. Trend continuation 3. Price Action in key levels Please see original analysis linked below! R
I have a few short positions on this pair and I wish to take profit @1.4500. It will be at this level where I will wait for bullish price action in the 1.4400-1.4300 handle. I am basing this idea on the following confluences which are clearly displayed on the chart. 1. Potential Wolfe Wave in the process of completing Wave 4. 2. Price in a clear downtrend and is...
1. Shorted at Supply 2. Lower Swing Highs 3. Potential pennant pattern geometry 4. FOMC spike taking out stops 5. Trend continuation 6. Euro weakness 7. Price action and Structure Trade R
1. Price found resistance at 1.10 handle 2. FOMC spike taking out stops before drop 3. Lower highs 4. Potential bearish Pennant geometry 5. Structure and Price Action trade 6. Trend trade 7. 0.50 Fib level from weekly swing high and yearly low Special thanks to Tycoon ! R
1. Price has broken Counter Trend Lines 2. Price is now testing structure 3. RSI <50 4. Untested Demand at 176.00 handle This was an aggressive entry @ 178.90 R
Had a limit order short at supply @0.7535 and noticed a harmonic completion as well! R
1. Demand and weekly structure break 2. Price just hit strong 4hr Supply 3. Eur weakness 4. Strong weekly bearish candles Lets get those PIPS R
1.Price rejected off 61.8% Fib level 2. Price broke strong demand zone 3. downtrend What comes up must come down! R
1. Price respecting bigger Timeframe weekly geometry (rising wedge) 2. Strong Supply zone breached December high broken 3. New demand zone created 4. $ index has strong bullish momentum 5. 2002 supply zones are next resistance targets! ***TARGET 124.50 *** I am already long since 120.90 and stop is below the demand zone that broke the Daily Supply and December...
1. Break of Counter Trend Line 2. Break of demand zone 3. Break of key structure @0.7700 5. Trend Trade 6. Wolfe Wave 1st price objective HIT Short on test of Structure! R
Price has formed a potential symmetrical triangle which indicates price is being squeezed and funnelled into this geometrical pattern. A strong bearish momentum previous to this pattern indicates that a breakout to downside has a higher probability of surfacing compared to a breakout to the upside. There are 2 possible entries: 1. Fresh Supply @133.655 2. A break...
The opportunity for a short has arisen and its a pretty good one. 1. Breakout of rising wedge 2. Structure and Demand Zones broken and closed below on all Time Frames 3. Price currently in potential bearish flag 4. Price Action showing a slight pullback 5. Clear Downtrend 6. If and when scenario. One could enter at next structure resistance or break and test of...
I have been waiting for price to hit the 133.00 handle because I see strong support here. 1. Geometry structure 2. Demand Zone 3. CD potential leg 4. Aggressive entry for low risk high reward 5. A more conservative entry would be to wait for confirmation candles Lets see R
If and when Trade... Price is currently in a strong up trend and has broken and closed above key levels. I am looking for long opportunities because there is a high probability of Price testing the Supply level @ 186.00 R
If and when Price rallies to hidden Supply at 1.5400. Then I will enter short again :) R
1. Bullish Wolfe Wave pattern breakout 2. Broke and closed above Weekly Swing high 3. Price Action indicating that it will test the Fresh Supply at handle 96.56-96.89 4. This is a continuation of the trend We should see $ strength in March so I will be using this analysis to my advantage on $ pairs like GBPUSD, USDCAD, USDJPY, and AUDUSD. I am not very certain...
The 100SMA is looking like a tough resistance to me... Shorting from 1.5555-1.5580 R
1. Price just hit some fresh daily Supply after a big rally 2. Price at the top of upward channel 3. RSI and STOCH overbought zone 4. Price is at major resistance I am currently bearish short term but Bullish medium term due to the double bottom on Daily Demand Zone. I will look to add long positions after I see bullish Price Action around the 0.7800 handle. R