JasonFosterII

JasonFosterII

Drawn up as a rising wedge which indicates bearish usually. I can draw it up as an ascending triangle but looks more like a wedge. Expecting Bullish continuation but keeping an eye out for bearish.

JasonFosterII

1H breakout of continuation pattern. Expecting price to continue to 150.000 area.

JasonFosterII

30 min reversal pattern Falling Wedge with bullish divergence 5 min bullish pennant. Expecting 100 pip move near 1.32000 area.

JasonFosterII

Expecting USDJPY to continue Bullish. Waiting for pullback on 4h. Expecting to continue bullish trend during new york session.

JasonFosterII

4H Bullish Pennant Pattern Expecting NFP News to push Gold to new highs. Fundamental & Technical Confluence.

JasonFosterII

Inverted Head & Shoulders on 30 min. Bullish Divergence on 15m, 30m, and 4H. Daily Bullish Divergence with falling flag indicating a major reversal soon.

JasonFosterII

Daily currently in a bullish pennant. Expecting price to reach daily support & resistance levels after breakout. Swing / position stack opportunity.

JasonFosterII

Weekly= Bullish Daily= Bullish 4H= Bullish 1H= Falling Flag Pattern = Continuation Pattern 30 min & 5 min inverse head & shoulders. Expecting price to respect both patterns and continue up. First TP level around 18664.

JasonFosterII

4H has a small channel. 1H inside a range/consolidation. 1H range/consolidation breakout is probably the better confirmation for direction/entry. Major news at 8:30. So prob will get the breakout confirmation around 9 am or 10 am.

JasonFosterII

4H Inverted Head and Shoulders 30min Inverted Head & Shoulders as well. Expecting a pull back to 1.26180 area before continuing to the upside. Looking for TP area at 1.28000 .

JasonFosterII

30m Inverted Head & Shoulder. Top of pattern is the breakout for another inverted Head & Shoulder on 4h. See link below.

JasonFosterII

Weekly= Bullish. Daily= Bullish. 4H= Bullish. Weekly is in consolidation (Flag Pattern). Daily in bullish parallel channel. 1H bullish pennant breakout currently. Long-term expecting price to reach top of weekly consolidation/flag pattern (1.38800) then breakout to continue bullish movement to weekly zones. 1.41000 & 1.42000

JasonFosterII

Weekly= Bullish. Daily= Bullish. 4H= Bullish. Price currently rejecting 50% Daily Fib. As long as 4h maintains structure we are still good for buys. If 4h shift's structure wait for confirmation of buys again. Only looking for buys this week.

JasonFosterII

Weekly= Bullish. Daily= Bullish. 4H= Bullish. Caution: WHEN MONTHLY MOVES THIS AMOUNT IN PAST. PRICE SLOWS DOWN AND REVERSE. Nonetheless we are bullish and will continue to follow the trend. As long as 4h maintain structure. Currently in no man land at all time high waiting for a pullback. Don't marry your trade. Remember price goes BOTH ways and we could start...

JasonFosterII

Momentum Bullish= Last week broke out of 4h Pennant. Retracement= Rejecting 50% on 4h Fib. Continuation Pattern= Creating Bullish Flag on 1H Expecting price to continue bullish for the week after flag pattern breakout.

JasonFosterII

Weekly=Bullish. Daily=Bullish. 4H=Bullish. Major rejection on weekly from Monthly Resistance Zone. Daily currently pulled back to 50% daily fib level. 4H deep pullback to 78.6% fib level. Overall bullish as long as 4h maintains structure. If structure maintains, looking to see price go to top of monthly resistance zone (previous monthly highs) around 195.

JasonFosterII

Weekly=Bullish. Daily=Bullish. 4H=Bullish. Major rejection on higher time frame but market is still overall bullish. As long as the 4h maintains bullish structure look for buys. Currently 4h is in a deep pullback to 78.6% & 88.6% fib level. Because of Major rejection on higher time frame I would only use 0% (top of Fib) & -23.6% as TP levels. Just in case price...

JasonFosterII

Weekly=Bullish. Daily=Bullish. 4H=Bullish. 4H broke out of triangle/pennant pattern for a bullish breakout. Expecting price to pullback to 50% or 61.8% fib level and continue up. If not price will continue from 38.2% where its currently at. Looking for swing level of 18750 & 19000 before major pullback. Breakout buy is above 18477 on 4H.