chavezallen

chavezallen

Test of 38.2 retratcement + structure still in tack, strong bearish candles on lower TF

chavezallen

If monthly resistance level broken then we shall be going Long.

chavezallen

testing new strategy

chavezallen

Break of trendline (large bull candle)

chavezallen Updated 

Will price hold below trendline structure ?

chavezallen

Breaks: trend-line structure Daily resistance (111.775) Entry: Retest of trendline/daily 111.775) Look for candle stick confirmation before entry Target: 1. If price stays under daily (111.775) look for the gap at 111.120 to be filled. 2. Weekly (107.865) unfilled gap Keys to note: Huge bearish candle + Potential EMA cross.

chavezallen

CUP & HANDLE PATTERN

chavezallen

ENTRY: 1.47212

chavezallen Updated 

Wait for trendline break confirmation and retest.

chavezallen Updated 

USDJPY, SHORT DAILY RESISTANCE TESTED AND HOLDS. LOOK FOR SELL OPPORTUNITIES AT BREAK OF TRENDLINE SUPPORT. "EVERY GAP MUST BE FILLED"... PRICE SHOULD TEST WEEKLY SUPPORT.

chavezallen Updated 

Target 1: (1.20260) Target 2: (1.20580) Target 3: (1.20780) Entry: (1.19622) Stop Loss: (1.19402)

chavezallen

DAILY KEY LEVEL 1.48180?

chavezallen

We could see a push in price if trendline structure is broken

chavezallen

Structure broken, timeframes correlate from Monthly to 1hr. Strong bullish trend! patience is the name of the game now

chavezallen Updated 

CONFLUENCE: Trendline Support Fib (C) @ 38.2% Support AB = CD completion @ -61.8% target Price might retrace at -27% fib extension at supply zone.

chavezallen

Weekly support (148.176) broken, we should expect a retest of the trendline support at the 38.2% fib price reversal zone.

chavezallen

Break of trendline structure + Continuation to supply zone at -27 fib price target zone (resistance area)!

chavezallen

Had to take a break from the market to really study its structure. Being self taught comes with a lot of hard work and dedication. This is the result. All my past trades were me trying to learn the market. Now, i finally can say i fully understanding what it takes and where i'm at. i'll be a beast soon! #BeastMode!