Waiting for price to pullback to demand zone where I will be looking for a rejection and continuation to the upside. This strategy is suitable for 1R - 2R consistently.
1 hr demand zone being tested. Waiting for bullish pattern formation (bullish engulfing, bullish doji, morning star etc...)
1hr Supply Zone, Golden fibonacci zone. Looking for price to test previous days high before melting and stopping out buyers.
Bearish Price action looking for price to respect structure and target 1.32300 by the end of the week. RR: 2:1
Very Simple setup. Head and shoulders pattern on the 4hr timeframe (strong confirmation). Looking for USDCAD to push down to the 1.23500.
$34000 level was broken confirming downtrend. Simple break and retest of $34000. Iam looking for liquidity to be grabbed at $34300 in my fibonacci gold zone then price will continue to $30000.
Bullish momentum pusing price higher and higher. Price formed a support on a break and retest Fibonacci gold zone. 618% take profit lines up perfectly with structural resistance. SMA cross showing bullish momentum. 1:6 RR.
Price is rejecting key supply area. Nice head and shoulders setup. We have bearish structure indicating sellers market. SMA rejection looking for price to complete the head and shoulders. Multiple confluences with a 3:1 RR.
Higher timeframe shows bullish momentum, looking for a possible wick fill of the previous candle. Price is trading above SMA's and we are coming out of a side channel and into an up channel. Looking for price to create support in order to continue moving up. NY Session volume should push price to 1.8890 and 1.19000 levels.
Classic break and retest. The weekly candle is bullish indicating a strong buyers market. Bullish trend line confluence with candlestick confirmation pattern within the Fibonacci golden zone. Price broke and closed above SMA's. Looking for price to reach 139.750
Waiting for 30m candle to close bearish to confirm continuation to the downside. Bearish weekly candle indicating bear market, ( only looking for sells). Fibonacci scale confluence with structure. Down channel.
Higher timeframes shows price in a downtrend. We have a bearish pennant formation with price rejecting the Fibonacci golden zone. Looking for price to break out to 137.820 area.
After reaching yearly highs, GU met resistance at 1.31500 which formed a double top formation on the higher timeframes. With the DXY showing a bullish market after yearly lows last week, Sellers are beginning to take control of the market. I am looking to swing this pair down to previous resistance at 1.27550. I am also using the confluence with Fibonacci zones to...
The beginning of July hasn't been a good one for the dollar as Covid-19 cases spiked around the US causing the dollar to weaken. Approaching 1.26600 prices has met resistance and has been stuck in a range for about a week. We see price making lower highs and lower lows and as Covid-19 fears begin to wane and the DXY showing bullish potential, I am looking for this...
Price making LHs and LLs, rejection of previous support. Looking for price to retrace to 50.00%, 61.8% Fibonacci gold zone, and continuation through 1.25400 area. Moving averages showing us bearish momentum.
Price is making lower lows, Fibonacci, and structural confluence for sells. We also have price rejecting the 50 moving average and a moving average bearish crossover. Stochastic is showing us overbought levels. For further confirmation, we have a head and shoulders pattern being made.
GU showed powerful signs of reversal at 1.22560 area. Double Bottom with higher low (78.55% success rate) followed by a huge bullish move confirmed a trend reversal. Then, waiting for An ABC higher high and higher low to further confirm a start of an uptrend. Now looking for buys on a break and retest with fibonnaci confluence and EMA confluence as well. Top down...
Previously looking for buys at 1.23500 support but decided to wait for price to form support above 1.24055. Price may just be moving funny or wee still may have a weak pound looking bearish. I've also spotted Hidden Bearish divergence on the 1hr timeframe so we may see a nice push back to the downside.