chavezallen

chavezallen

IGNORE PRIOR ANALYSIS POSTED EARLIER

chavezallen

Price should retest midpoint support before continuing further up

chavezallen

Lets see how this goes.

chavezallen

Lets see how this goes. This pair did not turn out as i expected with my earlier analysis. I did not enter

chavezallen

Trendline resistance broken to form head of H&S pattern inside the triangle. Trend now down USDJPY. + Strong bearish candle. conservative entry: 112.696 Aggressive entry: 112.802 target : monthly resistance (112.158) IGNORE PREVIOUS SETUP. market did not maintain my condition for an upward breakout on previous analysis.

chavezallen

1. Price did not break upper trend line resistance. 2. Price found confluence at: +trend line resistance as 50% retracement + trend line + rectangular resistance is being respected. I recognize a falling wedge pattern on higher TF. I am aiming for a 93 pip target as this is in my range. My target is supported by the daily support at (1.16615)

chavezallen

-27%, -61.8% target

chavezallen

-27% 1ST TARGET ; -61.8% 2ND TARGET

chavezallen

Trade just turned into a swing.

chavezallen

I got stopped out twice last night.

chavezallen

Lets see how this goes...

chavezallen Updated 

Monthly res target....

chavezallen

Price when shy of my 1st target of 4375 and retraced into my confluence zone. Price should continue up as more buyers come into the market at 4250. Good luck trading

chavezallen

Wait for price to break 4250 key level...

chavezallen

Lets see how this goes as london session opens

chavezallen

TRENDLINE BREAK, H1 SUPPORT TURNED RESISTANCE

chavezallen

AUDUSD, BREAKDOWN: Monthly Resistance met (0.80199) Expecting a retracement to Monthly support (0.77191) , monthly 38.2% fib (0.76473) - Trend Retracement Down Weekly break of structure (Red dotted line : 0.78920) = Trend Down H16 : We are on the 2nd wave (progressive wave) , expect a retracement then continuation. We broke trend line and retraced to 38.2%...

chavezallen

5000 NEXT?