Could see a movement to the upside potentially, we have met monthly demand and 4hr structure has switched from bearish to bullish. The news is also releasing news about how strong the dollar is, i see this as manipulation and a play on retail emotions, the dxy has also met a weekly supply area reacting a giving us a daily bearish CH. Indicating a movement down,...
EU Just tapped .99999 We had an initial 15M CH causing a flip in 15M Structure also creating a 4HR CH, Now hovering around the 50% retracement from the 15 Swing Low to High. Now waiting for the bullish CH as a buy stop to trigger me in. Coud defiantly see EU break below the 1.0000 level my next HTF POI is around .99500 - .98500. This play is purely trying to catch...
Could see either of these POI hold. Have seen demand come in at the bottom of the weekly demands and nicely into 4 hour demand. Will want to see entry confirmation on 1M as its counter trend. The other chart entry was valid and is in profit but I do think it will want to take the Asia lows above our POI. the hand has shown us that demand is entering the market...
The 4 hour has come into a Weekly/Daily Demand Area, and has gave us a 4Hr CHoCH. Down on the 15 we see our first impulsive move as we enter the range giving us our first Change of Character showing the institutions hand, the lows then get taken, Shortly after a big impulsive move into supply. Possible short term supply as there is a lot of imbalance and we are...
as well as the head and shoulders pattern I posted yesterday, at the point of the right shoulder, is a 618 retracement and a 1414 extension overlapping nicely, also an abcd pattern finishes in the same area, the yellow box is where ill be looking for a long opportunity, Rsi is also becoming overbought, a cypher pattern c leg is also near the zone, we patiently...
Nice head and shoulders pattern forming on the euro dollar, rsi is coming into oversold on the point of right shoulder, if your an aggressive trader enter on this point with a tight stop, also the right shoulders point falls perfectly into daily structure, hopefully bulls have enough power to break through the bearish trend line, if we see this then a simple...
Gold has hit sensitive trendline and rejected nicely on daily on 4hr timeframe, ive entered a short after the close of the big rejection, also to back my entry there is rsi divergence the market is creeping up but rsi is going bearish as seen.
**FUTURE TRADE** just a quick look at this, going to wait for this hopefully the patter gets filled *fingers crossed*
USDJPY retracement up to resistance before either a break through or looking for a shorting opportunity, The RSI on the 4 hr and 1hr both oversold so I cant see market melting off before a retracement upto previous structure, also a valid cypher confirming a long opportunity.