beank1

beank1

Little bit messy but bull pennant, bullish structure but not very strong momentum. I am thinking a push to higher prices around 800 and reject and comes back down for a bull fakeout Also right at a major level so naturally I am thinking reject and trade that level. Maybe we breakout but I am not leaning towards that Im curious how civil unrest in USA will effect...

beank1 Updated 

Coming up to this minor supply zone and 132.500 psych level, also the third tap on trend line, once price action rejects and confirms could be a nice short after NY open want to see rejection from 132.600-800

beank1

Im betting it will come down to 3738 level and make a triple bottom, fake break the triangle and shoot up afterwards after price action rejects and confirms then longs away Sellers cant seem to break this level and not much momentum anymore to do so, unless we get some major news release not taking anything if price action doesn't look good, choppy today so far

beank1

Kangaroo tail 4h bar Looks like big rejection of that level and lower prices buyers took back control and I am forecasting a usd rally from this point Potentially midweek reversal Also shot up from key demand zone, waiting for retracement or price action on lower time frame to align then longs are on probably up until it retests the broken level then from there we will see

beank1

Im waiting for some shorts here if we see good price action Good rejection and engulfing then id be into shorts from supply zone wouldnt enter until price has come above and rejected 133.00

beank1

Very very strong move down, entered on FTR 15m after the broken daily level Second target is the fib extension, could retrace and test the broken level therefore more entries simple sell low and buy back lower

beank1

Been getting in the habit of doing my little analysis after 9est but this trade was early after CAD news Entered 4015 on bull pennant 5m after news and took it up for 1:2RRR 4h momentum risk-off day plus cad drops after news plus technical pennant bias is still long maybe there will be another entry point to go higher.

beank1

Could be nice trade if price comes down deep in the FIB and touch Demand zone, making triple bottom third time testing that level this week with rejection or engulfing price action then id be going in, unless it gets later in NY

beank1

A good spot to short is the supply zone above with psych level of 6600 and the FIB levels as you can see Also a double top If price doesn't come up there then oh well. Maybe a buy from demand zone below but I am leaning towards it pushing higher but we will see!

beank1 Updated 

Bias is long, strong momentum to upside. 4h Broke and closed above the level. Entering on lower time frame after NY opens! Trend is bullish this week so far, looks like a risk on day. China AUD trade relations & trade war could change that Target is the next major level on the chart

beank1

Buy from lower Demand zone and Sell from upper Supply zone. in the middle right now! could be double bottom on 15m on the lower zone, we will see for lower zone Fib, major level and price action would be 3 confirmations, maybe double bottom for another for upper zone would be major zone, triple top and then entering after confirmed price action for 3 confluences

beank1

First go at Wyckoff chart analysis here on EU. Markdown appears to be on the way!

beank1 Updated 

this just looks great, lots of movement today third touch on trend line also a retest of broken trend line

beank1 Updated 

drop base drop supply zone, fake out.. now big doji coming looking really good for shorts, usd has lost strength

beank1

its friday and quadruple witching day in the markets... cad is dead lol read higher tf PA will be watching this closely :))

beank1

coming to major level here very strong, cad is completely dead this morning lol probably a break and will be watching for the retest, beware cuz its friday and quadruple witching day (google) so it may be a fakeout and give large large wick i will be waiting for last kiss or that big fat fakeout read higher tf PA :))

beank1 Updated 

If this 30m candle closes favourably with the fibo rejection in the sweet spot the H1H2 double top in down trend shes ready for some meltage the trend is down overall, trade with the trend :) only take if we get nice price action showing short signals

beank1 Updated 

Bear trend, looks like bear flag/DropBaseDrop if not it will most likely come up to that trend line, reject and SHORTS AWAY Risk reward should be pretty good at that trend line, potentially 1:1 if trading breakout from current congestion zone