madeinkgn

madeinkgn

In confluence with bullish chart pattern on DXY, looking for potential long entries on USD based pairs.

madeinkgn Updated 

GBPJPY SHORT bias based on current market trend being a down trend and price broke and retested several major levels of structure so it's just anticipated it will continue it's descent. Also, price recently tested a major level of support for a THIRD time. It is anticipated that price will break this structure level on the FOURTH retest after the .618 pullback and...

madeinkgn

PRICE IS AT MAJOR LEVEL OF SUPPORT / RESISTANCE. THIS AREA IS ALSO AT 0.618 RETRACEMENT LEVEL OF PREVIOUS SWING HIGH AND LOW ON DAILY TIME FRAME. WEDGE PATTERN FORMED WHICH IS ALSO AN INDICATION OF TREND REVERSAL

madeinkgn

NZDUSD PRICE REACHED MAJOR RESISTANCE ON DAILY TIME FRAME TRIGGERING SELL OPPORTUNITY. USING FIBONACCI RETRACEMENT, I EXPECTED PRICE TO RETRACE TO 0.618 LEVEL WHICH WAS OUR PREVIOUS RESISTANCE/TRENDLINE. PRICE HAS CONTINUED PASSED THAT LEVEL, SETTING MY NEW TARGET FOR APROX. 0.716 WHICH IS PREVIOUS LEVEL OF SUPPORT/TRENDLINE.

madeinkgn

PLEASE DO OWN ANALYSIS FOR MORE CONFIRMATION BEFORE ENTERING TRADE

madeinkgn

• Elliot wave formed on 1Hr timeframe • Price overbought on 30m to 4Hr timeframes

madeinkgn

Fake breakout spotted on 4h timeframe at resistance. Expect price to go down to a retest of support.

madeinkgn

MONDAY HIGHS AND LOWS STRATEGY (80% PROFITABLE) RSI DIVERGENCE ON 4HR (THOUGH NOT ILLUSTRATED) IMPULSIVE WAVE MOVE COMPLETED. AND 'W' PATTERN USED FOR IDENTIFYING TARGET I GUESS.

madeinkgn

EUR/USD LEVELS HEAD AND SHOULDER STRATEGY USING HIGHS AND LOWS OF PREVIOUS MONDAY AS A LEFT SHOULDER.