MeetMattL1

MeetMattL1

We've broken the neckline and just retested and have formed a strong bullish candle. The trade is active.

MeetMattL1 Updated 

We're seeing technical potential for the USD's larger picture downtrend to continue. Maintain the relevance of this analysis throughout yours, specifically in your USD crosses as if this comes to fruition there's plenty of downside in the foreseeable future.

MeetMattL1 Updated 

This pair can currently go either way so we must sit and wait...

MeetMattL1

We're seeing a retrace to our new resistance fractal. Watch price action closely for potential shorts.

MeetMattL1 Updated 

Simple setup. Enjoy :)

MeetMattL1 Updated 

We're currently in a flag on USDCAD. If we get a break and close above longs will be active.

MeetMattL1 Updated 

Still waiting for a clean break to the downside on the 4h and higher. This will trigger shorts.

MeetMattL1 Updated 

We're still waiting to break our wedge on the daily. We're hoping this initial position will bring us to the break to provide us with a tremendous risk to reward.

MeetMattL1 Updated 

We're currently retesting our major head and shoulders neckline. A clean rejection of this area will provide a very good trading opportunity.

MeetMattL1 Updated 

Strong wedge formation on the daily. We've broken the structure on the 4h but have not had a strong bear candle below on the daily. For the safer entry look for a strong bear close below on the daily. For the slightly riskier entry look for a rejection of the retest on the 4h. Patience on this trade will be important. It will not play out overnight but patience pays!

MeetMattL1 Updated 

We've formed a head and shoulders on the 4h and we have just closed below.

MeetMattL1 Updated 

USDJPY is in a very interesting spot and we could currently make an argument for both upside and downside. We have several head and shoulders formations but within we have also formed a harmonic which may develop and provide us with a bullish wave. Above the 4h timeframe we've broken a descending wedge on the weekly which tilts our bias slightly bullish,...

MeetMattL1 Updated 

We have a cross pattern of a head and shoulders within a symmetrical triangle. This pair is range bound within a rectangle on a higher timeframe and we'll be targeting the bottom of the rectangle with this setup.

MeetMattL1 Updated 

Wait for a break and close below. First TP is the 61.8 fib extension.

MeetMattL1 Updated 

On USDCAD we've failed to make a correction outside of our descending channel and have now formed a symmetrical triangle. Enter on the break and close below.