NavFx

NavFx

GBPUSD current price action nearing this area of value is showing great potential for Short positions. Personally waiting for price to make its third touch, or to reject off that area of value. I will then look for any continuation flags on the 15 minute time frame to look for price to continue to be bearish. Follow for more price action analysis :)

NavFx

EURGBP is currently in a clean bearish flag that has great potential if it plays out in a couple different ways. If we see a nice breakout on this flag in an impulsive way, we could look for potential Long positions. However, if we see corrective price structure near the top of its trend-line we could look for Short positions to the down side to stay in this...

NavFx

Looking to short this pair near its smaller channel it currently is in if momentum slows down. Or we wait for price to make a solid third touch. It is important to know HOW we reach this third touch however, because if we get there impulsively we must wait for price to make a fake out and we will enter off any continuation signals. If we get there slower in a...

NavFx

This week of September for NZDUSD is seeming to reach its third touch in a corrective manner. Previously we almost made a third touch but with news and continuing momentum price had fallen. Now that we are coming back up in a corrective way we can look for Short Opportunities to the downside, targeting the bottom of the bigger structure.

NavFx

This pair has broke out of its ascending structure and now is in a corrective reversal structure. Clean price action is showing a reversal to the downside. Personally waiting for either consolidation near the reversals 3rd touch, or a clear break of this structure its in.

NavFx

Here we are looking at a typical 3 touch structure . Price is getting to its third touch in a smaller ascending channel. I am personally waiting to see how we reach the third touch, Whether or not we reach more consolidated or impulsively is yet to be known, however with the price action given (after news) we are left with a clean structure. Looking for SHORT ...

NavFx

Clean price action on this pair shows price breaking out of structure but then we see price impulse back down. Waited for correction of impulse move to enter this trade. Looking for a second entry after the break of this continuation flag to continue its move.

NavFx

Looking to Find Shorts this week On AUDJPY . Here is my analysis: On this three touch structure, I am focusing on the price action coming into this third touch. Consolidation near this third touch is key and will be aiming for the bottom of Its bigger structure.

NavFx

Here is my analysis on GBPJPY and why i believe price action is so important. The typical support & resistance trader would buy after retesting its previous High. However what is important to see from this analysis is how price action gets to that point of price. Price was in an ascending channel, in that channel a sideways channel followed, breaking out from that...

NavFx

NZDUSD : Was originally looking for third touch in bigger structure however we created a three touch structure on the 1 hour time frame. Bigger structure had a corrective break, as well as a break of that smaller correction as well. Many confluences to this Pair leaning towards a very bearish outlook. Aiming for the bottom of the bigger structure.

NavFx

USDCAD is currently in a descending channel. Nearing the top of its trend line if we see a rejection we could be seeing price falling next week. However if price breaks higher you could look for a Bearish Flag for confirmation of higher moves to the upside.

NavFx

GBP/JPY is currently in an ascending channel nearing a double top. Anticipating price to make a third touch past the double top catching people on the wrong side of the market. Most Support & Resistance traders will see price pass its double top and will be ready to look for any Long positions off the retest. Waiting for price to slow down and consolidate near its...

NavFx

USDJPY is currently in a Bearish Descending Channel. Looking for bullish momentum to slow down and consolidate towards the top of the channel. Personally looking for either an ascending channel , or break of any consolidation at the top of the structure + any Rejections. The more confluences the better. However if Bullish momentum does not slow down and we see a...

NavFx

Previously had took a 1% loss on an entry yesterday, Price found support & began to make an impulsive bullish move. On the smaller time frames Consolidation followed at the top of the trend-line. A rejection as well as the break of its consolidation made it valid for another Re-entry. Aiming for bottom of the structure continuing into Next week.

NavFx Updated 

Price Has broken out of its ascending Channel, Had a fake Break earlier this week. Clear break With Retest. Aiming for the bottom of the structure.

NavFx

Price is forming a 3 touch ascending structure on the 1 hour time frame. On the smaller time frames, you can see price coming to the third touch very corrective showing bullish weakness. Waiting for confirmation with a fake-out or Rejection and confirmation for downside to occur. No confirmation = No entry.