simtrader19a

simtrader19a

price has broken supply level and now doing a retest which has formed a Wykcoff setup to enter long

simtrader19a

Price has made a Wykcoff setup with entry on smaller time IAW the guidelines

simtrader19a

Price has meet Wyckoff setup and conducting a retest prior to next impulsive move

simtrader19a

Buyers have come into to market after Friday night CPI report and broke the short term trend. Price is conducting a pullback to previous demand level, expect some form of equalization then buyers to com back in and for price to go to next supply level as high lighted

simtrader19a

If price break demand anticipate a big drop to target of H&S ( Yellow area)

simtrader19a

Price is currently in a downtrend and has conducted a pullback to supply level and when applying Fibonacci Extension it hits the next level of demand. This is quite interesting considering NFP has just been released which was less than expected which should have made the DXY weaker and equity indexes rise. But the market has not move in this direction, highly...

simtrader19a

DXY hitting strong level of supply is breaks suspect a retest then continue higher to comply with double bottom targets. Due to news of US having only two weeks until runs out of money. Due to the amount of Stimulus that has been given out has caused inflation to rise which in turn makes CPI increase. This has made the US02Y & US10Y bond yields to rise which has...

simtrader19a

Price has broken trend and conducted a deep pullback now have indecision @ supply level waiting for the next impulse down to next level of demand

simtrader19a

Due to RBA news buyers have come into play for AUD pairs and making strong defined patterns to trade in particular Diamond patterns

simtrader19a

Waiting for break of trend line to confirm Diamond Pattern

simtrader19a

Looking at DXY in a MTFA view, one can see that price has broken supply , now demand level and retesting and waiting for price to break to upside to hit next supply level. Therefore intention is to be Long USDXXX and Short XXXUSD pairs

simtrader19a

Waiting for candle to close to confirm entry of Diamond pattern

simtrader19a

Dow Jones Diamond Pattern setup

simtrader19a

Nice diamond Pattern setup confirmed

simtrader19a

Nice cup and Handle confirmed

simtrader19a

Diamond Pattern confirmed on daily chart

simtrader19a

Price has confirmed Diamond pattern

simtrader19a

Testing Monthly trend line