TheGreenville_Trader

TheGreenville_Trader

PRICE ACTION REJECTING MAJOR CONFLUENCE AREA (RESISTANCE LEVEL AND 4H MINOR AND MAJOR TREND LINE ) IN YELLOW BOX

TheGreenville_Trader

PRICE RIGHT NOW ON THE 4H HAS BROKEN THE MINOR SUPPORT WHICH CAN LEAD TO A RETEST OF THE PREVIOUS STRUCTURE THIS IS GOOD FOR COUNTER TREND TRADE ( INTRADAY SCALPERS) WE CAN EXPECT PRICE TO FALL ALL THE WAY DOWN TO THE 112.009 AREA TO DO A RETEST OF THE SUPPORT LEVEL BEFORE SHOOTING BACK UP - FOR THOSE WHO ARE FOLLOWING THIS PAIR LET ME KNOW WHAT YOUR INSIGHTS...

TheGreenville_Trader

IN CADJPY WE SEE ON THE WEEKLY THAT WE HAVE BROKEN A BEARISH CHANNEL AND NOW PRICE IS MAKING HIGHER HIGHS AND ON THE DAILY PREVIOUS CANDLE CLOSE WE SEE A SELLERS TRIES TO PUSH BUT REJECTED HEAVILY AS PRICE RESPECT THAT MINOR SUPPORT LEVEL AND THE DAILY BULLISH TREND LINE HOW EVER WE SEE A CANDLE WICK REFILL WITH A LITTLE SIGNS OF REJECTION TILL THIS MEANS I'D HAVE...

TheGreenville_Trader

A FEW THINGS I SEE WITHIN THIS PAIR IS WE CAN ALL SEE A DOUBLE BOTTOM AND MAJOR REJECTION WICK FROM SUPPORT AND DAILY BULLISH TREND LINE ALSO WE JUST BROKE BACK IN THE SUPPLY ZONE IN THE WEEKLY BEFORE ENTERING AWAITING A FEW COMFIRMATIONS SUCH AS MAYBE ANOTHER DAILY BULLISH MOVE AS YOU LOOK ON THE 4H PRICE HAS CREATED A HAMMER FORMATINOW ALL WE NEED TO DO IS...

TheGreenville_Trader

CURRENTLY WHAT WE ARE SEEING IN EURCHF IS A BIG BEARISH MOVEMENT BREAKING THE WEEKLY MINOR STRUCTURE ALSO REMEMBER! WICKS DONT LIE AND IM SEEING ALOT OF REJETION FROM THE RECENT SUPPORT STRUCTURE IT BROKE A TIGHT AREA OF CONSOLIDATION ON THE DAILY AND THIS COULD BE THE NEXT BIG MOVE TO THE DOWNSIDE JUDGING BY THE LOOKS ON THE 4H WE SEE YET ANOTHER TIGHT PRICE...

TheGreenville_Trader

CURRENTLY EURUSD IS IN A DESCENDING CHANNEL AND SEE A BREAK OF THE BEARISH TRENDLINE ON THE DAILY . WE ALSO SEE SOME MINOR REJECTION FROM THE NEW SUPPORT AND PRICE IS BELOW BOTH EMA'S GIVING US HINTS ABOUT A RETEST TO THE PREVIOUS STRUCTURE AND BULL TL GIVING US GREAT OPPORTUNITIES TO RIDE THE PIPS TO THE DOWN SIDE - CHEERS! -

TheGreenville_Trader

as we can see on daily time frame price has broken a major structure of support of the triangle pattern now just waiting for signs of entries if it continues to the downside

TheGreenville_Trader

-DAILY- currently usdzar is rejecting the daily bullish trend line and the new resistance zone after retesting . waiting for a bearish confirmation or if price forms shooting star on daily candle close i'll be looking for short entries on 4h trying to see if there will be bearish breaks of the 4h bullish TL tp would be on that weekly support zone

TheGreenville_Trader

b]WAITING TO SEE IF WE HAVE A BULLISH CONFIRMATION BEFORE ENTERING LONG BIAS SHORT BIAS IF PRICE BREAKS TRENDLINE WITH BI STRONG BEAR CANDLE ON DAILY HEAD AND SHOULDER FORMATION

TheGreenville_Trader

one trade that catches my eye most is probably this pair all we are waiting for is a strong price action move to see what kind of trade to take if it breaks strong below the support im all in for sales

TheGreenville_Trader

asa we look deeply into the bigger picture AU has retested the recent broken support giving us good chance to enter for shorts . sucks. we missed it. or did we ? actually we dint miss much looking at the 4h price has broken out of the 4h TL creating a consolidated are of price before its next big move downwards . Giving us a great chance to re-enter at 0.67671...

TheGreenville_Trader

looking at nzdcad price has hit a major respected support and finally made its move up breaking the resistance structure and daily minor trendline and currently now retesting . although we missed our chances for intraday trades for shorting . we now look for open opportunities for long positions this week looking the next resitance level and near the daily major...

TheGreenville_Trader

looking at this daily chart we see nzdusd makes its first point upwards (A) now looking for (B) to entry (a strong break of resistance) currently price is consolidated in the highlighted area could be used for intra-day trades. REMEMBER NZDUSD HAS HIT WEEKLY LOWS SUPPORT so we're looking for longs

TheGreenville_Trader

as we see the price has finally hit the weekly support zone and makes its way up on daily we can see a bullish engulfing candle and now we see a strong bullish break on the recent structure and trendline on h4 and going back for a retest next week should be a great opportunity for long positions if it makes another strong break above the gray box keep eyes on...

TheGreenville_Trader

LETS WAIT FOR BREAKOUTS HMM?

TheGreenville_Trader

AUDNZD HAS BROKEN RESISTANCE STRONGLY CURRENTLY LOOKING FOR ANOTHER BREAKOUT CURRENTLY CONSOLIDATED RETESTING THE DAILY TREND SO NOW WE KNOW LATER ON PRICE SHOULD ROCKET

TheGreenville_Trader

WAITING FOR PRICE TO BREAK OUT THE NEXT RESISTANCE LEVEL (TOP OF YELLOW BOX)

TheGreenville_Trader

STRONG BREAK OF 4H TREND LINE ALL WE NEED TO DO AND WAIT AND SEE IF PRICE CAN DO A BIG PUSH AROUND 1.22640 IF WE TAKE LONG POSITIONS THERE ITLL HIT THE DAILY TL AND THEN FINALLY MAKES ITS WAY BACK DOWN AGAIN 168 PIPS LETS GO