JakeSummers4x

JakeSummers4x

Got a big Weekly downtrend with a few inner trendlines broken/breaking. May be exhaustion? Fading back up to previous structure.

JakeSummers4x

Break and retest of bullish channel in play. Few bumps on the way down to watch out for. *Daily high test candle hasn't completed yet, so trade idea isn't final.

JakeSummers4x

Let's see if this one brings in the bacon.

JakeSummers4x Updated 

Previous Supply zone with a decent PRZ for a SELL. - RSI Oversold - AB=CD 161.8% completion within CD leg - Fresh Supply zone

JakeSummers4x Updated 

Long or Short?

JakeSummers4x Updated 

Price has stalled at the 61.8% fib retracement of the bullish move up. Technicals - Horizontal range rotation - Bullish channel rotation - Bearish Weekly downtrend Confluences - 61.8% retracement - recent structure - Daily Demand Zone - Median trendline support - 127% extension meets massive Supply level If we end on a bearish candle we could be in for...

JakeSummers4x

Two scenario's possible for me.

JakeSummers4x

I've had a short bias on this pair for 2 weeks now, with a few successful smaller TF trades (and 1 losing trades). As you can see, on the Monthly TF we're also showing signs of bearish pressure. Monthly - Hanging Man formation complete - Dragonfly Doji almost complete with 3 days trading left this month) - Key support turn resistance Weekly - Bullish...

JakeSummers4x

The neckline looks to hold this pair's fate in it's hands. Still some strong demand levels needing to be taken out before we break to the downside.

JakeSummers4x

So i've been watching this pair trade between a tight consolidation zone, and am anticipating a bullish break into strong seller territory. We've got room to move into the descending channel, and stay within bearish rules. But for me, i'm buying this pair up to 127.00, then 128.00.

JakeSummers4x

I'm keeping a close eye on this for a Weekly reversal signal before looking to go long.

JakeSummers4x Updated 

Right shoulder presented off the back of the Draghi news. Aggressive entry taken.

JakeSummers4x Updated 

Lovely fresh Supply Zone up at the 88.6% retracement / Bat completion zone.

JakeSummers4x Updated 

OK last one of the top down series. H1 - Closer look of CTL break and structure play. Happy trading

JakeSummers4x Updated 

As title describes

JakeSummers4x Updated 

Confluences - ABCD D2 completion at 1.4000 area (61.8% extension of AB) - Previous structure - Key resistance - RSI soon to be overbought - RSI double top

JakeSummers4x

H4 - Simple structure play: break and close, outside return - CTL break and retest on LTF - Price crossed through 50EMA and came back to respect it twice I'll be looking to sell this down to 0.75250, 0.73200 & finally 0.70000.

JakeSummers4x Updated 

Daily - Break of rising channel - Retracement into previous structure - Potential for move higher to create the right shoulder of a H&S pattern confirming downtrend - PA showing signs of bearish continuation (high test wicks)