mikereid01

09:58

mikereid01

Take a look at a brief market outlook for the week ahead

02:45

mikereid01

There are many possibilities that can play out. We are currently sitting at a 786 retracment on the intraday level. We are also in a bull flag which has been broken so we can expect another move up and tap the major trendline. Check out the video for full analysis

mikereid01

Short off 618 as we clear the 5th wave with the trend

mikereid01 Updated 

We are in Over sold conditions on both indicators. We have touched the bottom of the pitch fork. Now is time for a low risk high reward trade

mikereid01

use proper risk management

mikereid01

When looking at the higher time frames we are looking for move south , however we have a trong trendline (UP) We are looking for a fake break going up then a continuation moving back. Wait for break and retest before entering

mikereid01

Look for a bounce off the 618 retracement with a small stop loss to protet account

mikereid01

Break of Bear flag immenant and bounce off of resistnace

mikereid01

Small risk and big reward here. Market is staying in a range and MM are wicking out stop loss. Next Target is Next Resistance area and Market profile area. watch the DXY for possible heads up on this pair.

mikereid01 Updated 

Short USE PROPER RISK MANAGAMENT watch out for break of bull flag

mikereid01

Short

mikereid01

Strong resistance...wait for break of trendline

mikereid01

Short

mikereid01

INFO

mikereid01

Short

mikereid01

Looking for shorts

mikereid01

After a bounce off the trecdline we are looking got another move to the downside

mikereid01

Key levels Identified