LETS DO SOME MULTIPLE TIMEFRAME ANALYSIS ON AUDJPY...HERE ON THE MONTHLY CHARTS I HAVE MY KEY LEVELS MARKED OUT...PRICE RECENTLY MADE AN IMPULSIVE MOVE IN ATTEMPT TO BREAK A RESISTANCE LEVEL, LETS GO DOWN TO THE WEEKLY AND SEE WHAT WE CAN SEE
ILL BE TAKING A SIMPLE BREAK AND RETEST TRADE ON THIS PAIR...WE CAN SEE HOW NICELY PRICE REJECTED FROM THE 61.8 FIBLEVEL
LETS SEE IF WE COULD GET A BREAK AND RETEST OF THIS SUPPORT LEVEL THEN SHORT
NICE SETUP HERE, PRICE IS RANGING BETWEEN DAILY KEY LEVELS, IT JUST REJECTED FROM THE SUPPORT LEVEL, ILL BE LOOKING TO TAKE A SIMPLE BREAK AND RETEST TRADE HERE, LETS SEE IF PRICE WOULD RESPECT THE 61.8 FIBLEVEL THEN LONG. ILL BE TARGETING THE RESISTANCE
NICE SETUP HERE...BREAK AND RETEST OF A DAILY KEY LEVEL ON THE DAILY CHARTS, LETS SEE IF WE CAN GET PRICE TO CLOSE ON THE 61.8 FIBLEVEL BEFORE TAKING A BUY.
THIS IS A BIT MESSY....BUT LEMME JUST BREAK THIS DOWN; SO I TOOK THREE TRADES ON THIS PAIR LATE AUGUST, 1 SHORT TERM SELL AND 2 LONG TERM SELLS, THE SHORT TERM SELL HAS HIT T.P SO BASICALLY WHAT IM LOOKING AT IS TO TAKE A RETRACEMENT TRADE, I THINK PRICE WOULD DOUBLE BOTTOM AND RETRACE TO THE 50.0 FIBLEVEL. SO ILL BE RISKING 10% OF WHAT I MADE ON THE SHORT TERM...
CONSISTENT DOWNTREND ON THIS PAIR....I BAGGED ABOUT 70PIPS ON THIS PAIR YESTERDAY, PRICE IS CURRENTLY AT A DAILY/ WEEKLY RESISTANCE LEVEL, LETS SEE IF IT WILL BREAK THAT RECENT L.L AND THE DAILY RESISTANCE BEFORE TAKING ANY TRADES ON THIS PAIR
ITS THE OPPOSITE SCENARIO HERE ON THE DOLLAR INDEX....WE CAN SEE THAT DOUBLE TOP...LETS SEE IF PRICE COMPLETES THE PATTERN THEN WELL TAKE A SELL TRADE
GOT IN FOR A BUY HERE LATE ON THURSDAY, I RODE IT TILL THE NFP RELEASE ON FRIDAY THEN GOT OUT....LETS SEE IF PRICE WILL COMPLETE THAT DOUBLE BOTTOM PATTERN...SO I CAN LOOK FOR MORE OPPORTUNITIES TO BUY AGAIN, ILL BE TARGETING THE RESISTANCE OF THE CHANNEL
HEY GUYS....TONY THE FATHER IS BACK AND READY TO RIP OFF MY BROKERS SO THIS SETUP ON A.U IS A REALLY NICE ONE...WE COULD SEE A BREAK OF THAT ASCENDING CHANNEL THEN PRICE MADE A CORRECTIVE MOVE TO RETEST THE PREVIOUS H.H, ALSO PRICE IS WICKING OF THE 50-61.8 FIB LEVELS....THIS IS A REALLY NICE BUY SETUP, ILL GET INTO THIS TRADE ON MONDAY, ILL BE AIMING THE RECENT...
TOOK MY FAIR SHARE OF TRADES ON THIS PAIR, LETS SEE IF WE CAN GET A RETEST OF THAT BROKEN ASCENDING CHANNEL THEN LONG AGAIN, ILL PLACE STOPS JUST BELOW THAT PREVIOUS HIGH JUST TO BE SAFE, ILL AIM MONTHLY RESISTANCE, ON A 1;7 R:R, LETS GET IT!!!!!!!!
TOOK THIS BREAK AND RETEST TRADE HERE ON THIS PAIR, LETS SEE IF PRICE WILL HEAD BACK TO THAT KEYLEVEL THEN LONG AGAIN
FOLLOWING THE ARTICLE I PUBLISHED ON THIS INDEX YESTERDAY, PRICE IS SETTING UP NICELY FOR AN ENTRY
I FORGOT TO PUBLISH THIS ANALYSIS CUZ I REACHED MY DAILY LIMIT ON TRADINGVIEW, BUT NEVERTHELESS I TOOK THE TRADE, IM JUST WAITING FOR MY T.P TO BE SMASHED, THEN WE COULD SEE A STRONG CONTINUATION TO THE UPSIDE, SINCE THIS PAIR IS ALSO NEGATIVELY CORRELATED WITH THE US DOLLAR INDEX (DXY1), WE WOULD SEE A CONTINUATION TO THE UPSIDE... READ MY ANALYSIS ON EURUSD AND...
NOW THAT WE CAN SEE A BREAKOUT FOLLOWING MY ANALYSIS OF YESTERDAY, LETS WAIT FOR A RETEST
FOLLOWING TH ANALYSIS I PUBLISH ABOUT 3 DAYS AGO HERE, PRICE IS HEADED FOR A WELL RESPECTED MAJOR SUPPORT LEVEL, WILL WE SEE REJECTIONS? WELL IF WE DO ILL TAKE A SHORT TERM BUY TO THE MAJOR RESISTANCE LEVEL, I STILL HAVE LONG TERM EXPECTATIONS FROM THIS PAIR, AS PRICE IS IN A ROUND BOTTOM PATTERN, WE COULD SEE THE BREAK FROM THE NECKLINE OF THAT PATTERN ANYTIME...
HERE ON THE H4 WE COULD SEE THAT NICE DESCENDING TRIANGLE, THEN A BREAKOUT, THEN A RETEST WHICH IS CURRENTLY IN PROGRESS, ILL GET IN FOR A SHORT TERM TRADE AFTER THE RETEST IS COMPLETE...ILL TARGET THE DAILY MID-KEYLEVEL.... HAVE A BLESSED TRADING DAY GUYS...FEEL FREE TO FOLLOW, DONATE, LIKE, COMMENT, SHARE, ETC, JUST USE THIS IN CONFLUENCE WITH WHAT Y'ALL ALREADY...
HERE ON THE DAILY CHART....WE CAN MAKE OUT AN ASCENDING CHANNEL WHICH HAS FACE A FAKE OUT SOMETIME AGO...PRICE IS CURRENTLY ON THE RESISTANCE TOP OF THE CHANNEL, WE CAN ALREADY SEE REJECTIONS THERE, BUT ILL JUST WAIT FOR MY CANDLES ON THE H1 AND H4 TO CLOSE....ALRIGHT, LET ME SHOW Y'ALL WHAT IM WAITING FOR ON THE H4 AND H1 BEFORE I EXECUTE THE TRADE