MARKET STRUCTURE MADE A CLEAR BEARISH MOVE ... EU is playing clear technical moves... JUST WAIT for the pullback to start forming si you can adjust the FIB from The beginning of the impulse to the end and look for a 38,50 or 61.8 % but on the resistance I drew ... STAY TUNED, last week EURUSD setup was HIT :) www.tradingview.com
Market Structure is right now downtrend and also USDJPY is looking to retest the trendline to continue falling has FIB RETRACEMENT on 61% ... the best part is if I SELL and hits SL, it will be a SHIFT IN MOMENTUM giving a clear buy opportunity LAST WEEK both setups were HIT :) STAY TUNED www.tradingview.com BLESSING WEEK !
USDJPY has break structure to go UP but also respected a previous downtrend trendline (resistance) and tested it as a uptrend trendline (support)... so im waiting to break the resistance or go all the way to break support and give a clear shot.... there´s the 2 possible shots ! BLESSING WEEK Y´ALL ! NOTES: ALWAYS A 1:2 LOOSE/WIN RATIO ...
CONFIRMATIONS: IN H4 ALREADY MADE A BREAK OF STRUCTURE ON UPTREND, MAKING THE BEGINNING OF DOWNTREND... ALSO BROKE THE DOWNTREND TRENDLINE AND IM LOOKING FOR THE TRENDLINE TO RETEST AS A RESISTANCE.. LAST CONFIRMATION IS 38-50 FIB RETRACEMENT AND BOOM DROPS ! STOPLOSS WILL BE ABOVE THE PREVIOUS HIGH 35 PIPS LOOKING FOR ALMOST 1:3 WIN RATIO .. TP NEAR THE 61...