YoungSocietyFx

YoungSocietyFx

UCAD given us a 1 hour wick indication that it will not continue its trend to the upside. While Mid week has given us a double top rejection in order to fill in its B leg for this ABCD pattern. We can finally see buyer zone getting very exhausted!. Risk to reward is also great for the taking

YoungSocietyFx

A clear wick rejection after the 3rd attempt to take out stop losses above the previous 3 wicks. Looking to short the market at CMP. With my Sell limit getting hit by exactly 1 pip over!

YoungSocietyFx

We're sitting at a third level to the bottom push. Dollar is now sitting nicely waiting for a reversal to the downside. While most Pairs vs. the dollar are also showing sign of major confluence. Trading the 3rd bounce from the bottom, Anything below the close of the previous low on the daily. Will give off a trend momentum continuation. May this be a countertrend...

YoungSocietyFx

Before we can see any longs. We still got about 100 pips to gain in order to look for a consolidation period of longs to stand for. While a harmonic could be in play I would like too see a large bottom out before taking any longs. Shorting this short term setup.

YoungSocietyFx

While ABCD Pattern is in play. Dollar could see a near side downfall after a completion of my first ABCD Pattern. While given a high possibilty of a Triple top retest Ill look into entering manually. To take a safe outlook on this trade I'll be setting a sell limit towards the 95.66 area. New lows were finally formed during our upward movement, giving us a...

YoungSocietyFx

While ABCD Pattern is in play. Dollar could see a near side downfall after a completion of my first ABCD Pattern. While given a high possibilty of a Triple top retest Ill look into entering manually. To take a safe outlook on this trade I'll be setting a sell limit towards the 95.66 area. New lows were finally formed during our upward movement, giving us a...

YoungSocietyFx

Given the Motive to this trade. I would We are still focused on the Daily harmonic of a bat pattern. Currently we are seeing a retest to the Neckline level of this Setup, and still have a couple months to go. Before Our first take profit takes place.

YoungSocietyFx

Fundamental Analysis: CAD Red Folders are providing hawkish liquidity to the any CAD pairs . While providing this information, My CAD analysis has aligned up with my technical analysis. Technical Analysis: Given the structure couldn't break pass the false Higher high. and Daily levels following (MMM) We can see 3 level of drop before we see an extension to the...

YoungSocietyFx

looking for D leg push

YoungSocietyFx

Higher low was formed, looking for a retracement to 38.2 or 50 for (C) leg

YoungSocietyFx

Swing Outcome will be updated

YoungSocietyFx

4HR broke support + Daily

YoungSocietyFx

Structure needs to be attain by the 3rd solid leg

YoungSocietyFx

Still a downtrend. Do not counter trend trade!

YoungSocietyFx

-Weekly: gives us a Harami - Daily: low closed candle and a pin bar to the kill zone of .93000 - 4HR: Lower Low and Lower High being formed while under the 50 SMA meaning trend is giving into bears while giving us a retest to the 92.000 area Will be looking for a pull back when markets opens as the 1hr is very low on momentum - This is a continuation trade -...

YoungSocietyFx

-Weekly: gives us a Harami - Daily: low closed candle and a pin bar to the kill zone of .93000 - 4HR: Lower Low and Lower High being formed while under the 50 SMA meaning trend is giving into bears while giving us a retest to the 92.000 area Will be looking for a pull back when markets opens as the 1hr is very low on momentum - This is a continuation trade -...

YoungSocietyFx

I'll be trading with my MA trend, untill my previous Higher low has been broken. Before taking any long positions you need to see reversal momentum in the candles before taking them. Trade smart not harder! Overall Trend on the higher timeframe may say were heading down but the weekly is giving a strong bullish signal with previous candle.