MrB_

MrB_

Gold finally broke out of what I see to be a flat bottom triangle. If price gives me my entry reason I believe overall target could be 1339.66

MrB_

Price is creating new lows, respecting the defending trend line so I'm only looking bearish. The previous swing also has 2 Fibonacci retracement levels from the very high (1.6920) to the low price retraced to 38.2% and from the most resent leg (1.68112) to the low price retraced to the 61.8%, price has also stalled at a higher time frame structure level (red box)...

MrB_

Eyes on EURGBP, if price was to close how it is now the retest of the counter trend line break will be confirmed. We we can get a confirmation on the continuation I believe price will be able to find new lows. Just me and my thoughts. Instagram - @ubtfx (Like, Subscribe and Hit that bell! Telegram - @ubtfx

MrB_

Inside bar break out retest on this structure zone with a 61.8 fib and round number as confluence

MrB_

Here I can see USD weakness. on the weekly we have the ma cross over to the downside as well as the daily showing strong downwards momentum. Current price has found support at previous weekly structure and even though price has shown a lot of bearish rejection and indecision on the weekly I favour a bearish move for the meantime. On the lower time frames I have...

MrB_

Break Retest Continuation

MrB_

Here we can see that CADCHF has broken the upwards trend line and is now retesting it as well as previous daily structure. 4HR TF gave me my CTL if on the 1HR TF I can get a clean break retest continuation I will short this pair

MrB_

On the Daily chart we can clearly see that price has formed a triple top and most recently price has broke above this level with a lot of momentum but closed below it indicating to me that this level will hold there are too much sellers accumulated in this area. 4HR we can see price creating lower lows and breaking the CTL. If price can break below pull back for a...

MrB_

GBPAUD Here we see the 4HR consolidation creating a flat top triangle. 1HR I’m waiting for a break out pull back to retest the flat top at 1.8050 round number before buying the continuation.

MrB_

Here we have USDJPY Daily - price breaking below closing below past structure and coming back and retesting this same level finding resistance at 111.500 psychological round number. 4HR- Price found resistance at this level and started to consolidate. 1HR - IF price can break this consolidation in the same direction as the main trend (bearish) THEN I would wait...

MrB_

EURJPY Daily - On the daily time frame we can see price breaking below and closing below past support now becoming current resistance 4HR - We can see price has retested the structure level has also hit the 38.2% Fibonacci level and 127.000 round number as added confluence 1HR - trigger chart we can see price has just broken the counter trend line with momentum...

MrB_

TP1 complete... can we hit TP2?

MrB_

Potential Longs. After seeing a double bottom on the daily price bearish momentum seems to have finished and bulls might have taken over for the meantime. If price can find support at this structure level with a Fibonacci level to add confluence I favour long for the meantime

MrB_

Chart says it all

MrB_

On the Daily, price created a new lower low, lower close on the decending channel. Price then showed a relief and pulled back into structure and 38.2 FIB level. On the 4 hour Price was showing a reduction in strength as it approached a resistance level followed by what I see to be a 3 bar down candle stick formation which was my signal to enter short.

MrB_

Daily - Price is in an uptrend price broke previous leg high and and pulled back into HTF structure. Price also hit a 61.8 fib retracement at this same level to add confluence. If Price is moving harmonically, the extension also lines up with Fib extensions and structure looking left.

MrB_

Daily - Price is in an uptrend price broke previous leg high and and pulled back into structure. On lower TF price also hit a 78.6 fib retracement at this same level to add confluence. If Price is moving harmonically, the extension also lines up with Fib extensions and structure looking left.

MrB_

4HR - Price is in an upwards channel. Price broke the counter trend line (red) and pulled back for a retest. On the retest price found resistance at the 38.2 and spiked the 50% Fib. 15 min - Price formed a higher high, higher low and I awaited for a candle to close above previous candle high for entry (white line and green candle).