daytradingfittie

daytradingfittie

Currently price is at a strong rejection zone; confirmed by previous bearish engulfing candles. The SL has been placed above the high to allow room for slippage. Expecting a bearish reaction from this area.

daytradingfittie

As price is currently showing rejection from a 4hr area of resistance in an overall downtrend, I am looking for at least a pullback from this area. Price may continue pushing down to create a LL.

daytradingfittie

Overall Trend is Bearish. Bearish Momentum Candle after Pullback and Respect of the Daily High. Expecting Bearish Follow Through after Bullish Momentum Failed.

daytradingfittie

Currently expecting continued bullishness following a retest of the daily high met with bullish momentum.

daytradingfittie

Currently price is reacting off of a Strong 4hr Key Level. I'm expecting at least a pullback from this level. If the previous 4hr Resistance is broken, I'm expecting even more bullish momentum.

daytradingfittie

Expecting bullish momentum after price formed a support at a 4hr Key Level.

daytradingfittie

Bearish Structure was broken creating a change in market structure. Expecting continuous bearish momentum on the US Dollar.

daytradingfittie

Right now we're getting a bearish reaction from a previous level of resistance.

daytradingfittie

4hr Continuation Sells 15 Bearish Min Confirmation Candle 1:2 RR

daytradingfittie

Price has created a 1hr Support in a Bullish Trend, I'm expecting continued buys into the Sellside Liquidity as well as the Daily FVG.

daytradingfittie

Right now we're seeing price react from a supply area on the daily time frame. We will wait to see how the market reacts at the highlighted zone. If it holds, we can expect a continuation to the upside. If it's broken we will await a retest of the zone then a continuation to the downside.

daytradingfittie

Right now we're seeing a bearish reaction off of a daily resistance level. We will wait to see how the market reacts at the 4hr/1hr daily level and if the trendline is broken to the downside on the 4hr timeframe. If the levels are respected we will look for a continuation to the upside.

daytradingfittie

EA has been in consolidation on the daily timeframe; with a strong level of resistance. With the lower low created on the 4 hr timeframe, we may see continued bearish momentum.

daytradingfittie

Looking at GJ, I first wanted to identify current market direction. Once I identified we were in a bearish market, I moved to the 4 hr and 1 hr time frame to find relevant areas of price. These will be the areas I watch price action to determine whether or not I will enter the market.