Leoatis

Leoatis

Hello again it the rookie sharing another idea. The trend overall is downward now and fibs have it between 61.8 and 78,6. TP1 at the 50% and TP2 at the 38%. What do you guys think?

Leoatis

Hello! Its the rookie here with my personal view. This current trend to the down side could continue if DXY pushes up more. I see a potential head and shoulders developing. Will surely keep and eye on this one.

Leoatis

Looking at the day chart there is a potential head and shoulders pattern forming. I coupled that with a new strategy I'm test driving and looks like a potential sell stop as well at the neckline of the head and shoulders. Any feedback is welcome.

Leoatis

Base on the downward trend and current retest of structure I'm expecting a sell. I'm seeing about 100 pips. I got 110 pips on the previous move down before the pull back. If a person were to take this as a demo trade I suggest a sell stop. I'm using the higher box for the stoploss if the market reverse.

Leoatis

My first time sharing a chart I marked up. Would love some feedback.