ernsos90

ernsos90

FX:EURNZD Waiting for retest on LFT before taking buy entries.

ernsos90

FX:EURNZD Price is at previous level of support, daily candle closes soon and it's showing sellers exhaustion. Next candle must close bullish to continue that bullish move. We are just waiting for the BOS and a retest on LTF (M15 or M30) so we can take buy entries.

ernsos90

FX:EURNZD Monthly time frame is showing sellers exhaustion at the weekly key level and the monthly chart is maintaining the bullish trend structure. Which make overall structure bullish. Weekly time frame just created a new HL point. Daily time frame is showing some struggle with the bullish move, 10Sep20 daily candle is showing some buyers...

ernsos90

FX:EURNZD

ernsos90

FX:EURNZD Monthly Key level chart H4 H1 M15

ernsos90

FX:EURNZD Monthly TF is bullish but it is also at the Monthly key level and it is showing buyers exhaustion. 5 days left in this month before the monthly candle is close. Daily TF is showing a Head & shoulder pattern on the line chart while is still at the monthly key level. H4 candle is closing in 45 min, and if it closes a full bearish candle then that would...

ernsos90

FX:EURNZD Daily is showing buyers exhaustion, one of things we were looking for. More sellers have entered to market now. BOS on M15 and price entered the sell zone on M15 but we are just waiting for that retest then we'll enter our sell entries. First TP should be where price previously found strong level of support.

ernsos90

FX:EURNZD H4 H1 M15 H4 broke structure, now doing a retest possibly could reach the 100% on FIB which could look like a double top. We are just waiting for LTF BOS to happen so we can take our sell entries. Still applying patience before anything, we will only react to what market shows us.

ernsos90

FX:EURNZD Price has entered the sell zone after it broke structure on H1, now we are just waiting for the retest on LTF before taking sell entries. Still applying patience with every entries.

ernsos90

FX:EURNZD Month, weekly, daily, H4 and M15 are all bullish right now, creating HH next buy opportunity should be at the next HL point. We are looking for sell entries because, 1-price is at weekly key level, 2- daily candle closes at the weekly key level with buyers exhaustion, 3- after the BOS on daily chart it has not done a retest yet, 4-...

ernsos90

FX:EURNZD All five candles should be considered as bearish engulfing variation on M15.

ernsos90

FX:EURNZD Last week the one thing we were waiting for finally happen. Price entered the buy zone but took a while before actually break structure, now that BOS happened we are now waiting for a retest before we take our buy entries. H4 is @ a HH point now, we are waiting for the next HL point so we can take our buy entry. M15 went bullish after...

ernsos90

FX:EURNZD Read the notes in the chart, I hope they help.

ernsos90

FX:EURNZD H1 is now in the sell zone, and seems to be making its first LH point after the BOS. Retest can happen anywhere close to the area where BOS happened.

ernsos90

FX:EURNZD H4 closes creating a double top, bearish engulfing variation. We should be looking for sell opportunity on LTF. M15 BOS just happened now we are just looking and waiting for a retest, then take a sell entry when the opportunity appeared.

ernsos90

FX:EURNZD Last week, H4 closes with a double top. On LTF it's still bullish, we should be looking for more buys opportunities but with that double top showing on H4 we should be careful because more sellers may show up and taking sells entries for the counter-trend . Daily chart showing price enter the buy zone. We are still waiting for H4 retest of where...

ernsos90

FX:EURNZD Retest will happen eventually, it may or may not happen in that area where BOS happened but when it does(retest), It will create a HL point and that's where we should be focusing on placing our buy entry.

ernsos90 Updated 

FX:EURNZD M15 BOS, entered the buy zone then retested where it broke structure. Now waiting for bullish indicators, like a bullish engulfing or variation then taking a buy position. H1, H4 and Daily are still @ support level. We shouldn't be really looking for sell too much specially when structure is @ support, it must break for us to take any sell...