Until Then....... Sharp!! And God Bless
Only If What I Have Experienced Before Would Happen This Time!
I Measure OSOB Conditions By Overshoots, Not Any Mathematical Formula. But In Most Cases, Following A Repeated Respect For A Line, The Last Undershoot Makes For A Better Case Of Reversal Until Then....... Sharp!! Sharp! And God Bless.
A 4H Close Under Ceiling Hope The Day Does So Too. When It Does, I'm Swinging Like A Pendulum. But For now, From Ceiling To Floor Until Then..... Sharp!! Sharp! And God Bless.
No Much Words. Picture Speaks Volumes This Is My Market Structure. I Guess Everyone Has His Own Unique Market Structure. Now , All Trading On NZDUSD, Will Be Done Based Off This My Market Structure. Nothing Complex. Simple Stuffs Are Not At All Simple. Stop Questioning It!. It Works For Me! Until Then...... Sharp!! Sharp!, And God Bless.
Trade Setup In Place. Waiting For Just A Little Bit Of Data Until Then...... Sharp!! Sharp!. And God Bless.
Push1........ Push2............. Waiting For Push3 Until Then. Sharp!! Sharp!, And God Bless.
We Are Gradually Inching Closer To The Base Of That Wedge Top.
Following That Black Thursday SNB Action, Price Made A Reactive Quick Advance And Have Penetrated Well Over 75% Of The Range Expansion Bar Of 2 800Pips. Big Down, Big Up = Big Confusion =Trading Range. RE @ Massive Resistance Could Speak Of Buy Climax = Bull's Last Gasp A Blind Short Plus Wide Stop Would Pay!
1. BX =DT 2. Inner TL BO 3. UBOL 4. LH MTR ************************************************* UBOL = Up Trend Line Break Out Limit LH MTR = Lower High Major Trend Reversal TR = Trading Range ************************************************* Price Currently In Between UBOL and LH MTR Simply Says One Thing: TR = Confusion ! We're No Longer In An...
BX TL BO Test Of BX= DT The Move Down Following Failure @ BX Is Fierce = This Deserves A Second Leg Down. If You Look Back, You'll Find Most Moves From LC To UC Do So In 2 Legs. Alternatively, Should 1.44376 Hold Support To Price, We Shall See Another Rally back to BX Point I'm Anticipating A PB And Then The Touch Of The LC ************************ BX = Buy...
Will Feed This Baby As Time Progresses ************** MTR = Major Trend Reversal ************** A Possible Channel Undershoot = Adds To The Reversal Case In Finer Detail, The Undershoot Is Marked By A Sharp Falling Wedge, Which Could Possibly Become The Final Flag
DAILY: 1. Major Trend Reversal In Play = Bullish, But! 2. Price In Broad Base Channeling Up= Bullish But Broad Base Allows For Both Sides Trading (Long And Short ) 3. Price Formed A Triangle @ Upper Part of Channel = Lower Channel Needs Testing 4. CONFLUENCE OF POINTS: Outer Downtrend Line+Triangle+ Upper Part Of Channel + Prior MODE Zone = Strong Resistance 5....
BX Over 5 Bars Without A New High Expecting Mode To Build Around Blue TL Waiting For More Data To Go Short......
Fast Move Up = Unsustainable = Fast Move Down Upper Channel Overshoot = Should Touch Lower Channel, Probably. Final Flag = Three Pushes Up =Triangle Short Waiting For A Little More Data To Go Short. To Be Updated.......
Are We Going Above This Floor Or Is It Going To Be The Ceiling That Takes Us Back Down Again...?