Price is respecting the resistance of a potential bearish channel forming for CJ. Heavy pressure has produced a bearish landscape with lower highs and lows. I will be watching this pair for a potential short in the near future. Possibly the 50 Fib level will be the area to focus on for an entry below the EMA. Short will be to the bottom of Fib if conditions...
Price is making its way back up to a broken trend line which is now resistance. Looking for a retest with Price Action to short price to the bottom of Fib… Bearish dollar supports bearish bias… Note: Trade at your own risk
Structure of a bearish channel present with some false breakouts. Currently, price looks bullish with some supportive price action but overall remains in bearish landscape. Looking for a short opportunity when price reaches the heavy resistance zone thats marked up. Zone corresponds with the Fibs Golden Pocket ratios.. Short price to bottom of Fib. Note: Trade...
Euro has shown massive muscle in previous days showing a dominance in the bullish landscape. Range breakout is illustrated with expectations of returning to the breakout zone for a retest. If price permits, great long opportunity to ride with the bulls back up.. Patience is needed as we wont know the temperament of prices behavior… Price action in the support...
Potential short idea for Aussie vs Franc- Potential right shoulder for head and shoulders forming. Looking to short once price pushes up with price action. Price is headed towards golden pocket zone of Fib ratio. This is also a retest of trend line that was broken. TP goal is bottom of Fib.. Note: Trade at your own risk
Price is in a buyer block zone and has a strong trend. Respecting daily trend line and potentially price will push up from here. This is a long term portfolio hold with Invesco. Note: Trade at your own risk…
Price revisited a strong support zone that previously pushed price up to illustrated resistance. RSI indicates a strong support zone. This is a potentially good place for entry and go long. Price may remain in a structural range until we see a breakout with a higher high.. Note: Trade at your own risk...
Price still remains in bullish landscape but where will it return to before launching to the next level? Strong support is below but there is a strong wick candle that reacted to the 50% ratio. I mapped out a possibility for a potential trend line to support the bullish bias. Ideally, Price will return down to the strong support below which is the 618 ratio,...
To the left we have a break of the lower high in structure. A lower low was created followed by a higher high. RSI revealing strong support with present price position. Bulls look strong amongst the demand block illustrated. Price is in Golden Pocket of fib ratio zone; Long Bias Note: Trade at your own risk….
Price is contained nicely within this disjointed channel for Kiwi. Looking ahead, appears that a trend line within the channel awaits to be broken. What’s ahead? Looks like a nice bearish dive for a short position is ahead… Give your SL room to breathe.. Note: Trade at your own risk
Strong resistance ahead for USD price Vs Japan Yen. The view from 2hr illustrates 200 EMA right above zone. Looking for price action between 38.2 and 50% to short price to bottom of Fib… Note: Trade at your own risk…
Looking for price to push up to zone of heavy resistance for short opportunity on the 4hr TF.. Price action will support a short entry for my bias. Heavy pressure above, lets see how price reacts to this zone... Short exit illustrated via Fib... Note: Trade at your own risk.
Looking for price to reach heavy zone of resistance for a short opportunity. Price is under heavy bearish pressure. 30 min TF for the entry and exit point illustrated via Fib. Note: Trade at your own risk
Swiss Franc has resurrected and is seen gaining momentum against the greenback. Significant trend line broken and price created a lower low, following the lower high. Looking for a retest to trend line area within .618 zone for a short..
Watching to see if price makes its way back to the strong support zone that Ive outlined. Price action needed in that zone to make this idea valid. Note: Trade at your own risk
Looking for price to decline to support for potential price action. Entry will be made on 1hr if price action supports a long position. 200 EMA present for strong support, RSI indicating zone of support...Lets see if price reaches support for the entry.. Target illustrated on chart. Note: Trade at your own risk.
Price has previously reached resistance which was previously a broken support level. Price has declined below the 200 EMA and Im looking for a retest of resistance with Price Action this week to support a short entry. Potential head & shoulder patter forming. Note: Trade at your own risk
This is my EurUsd structure idea. Price has breached the 38.2 ratio level and created a Sellers Block but has retested and declined with price action in reaction to the Sellers Block. Price has also fallen below the 200 EMA. My target is displayed for the short. -Note: Trade at your own risk.