sylvesterpeck22

sylvesterpeck22

With the new administration in the office I still have NQ bearish. We are at a key level that has been tested multiple times. I believe there is still selling pressure. Price is still under the 50EMA, bearish engulf and key level, and 4h also in a downtrend.

sylvesterpeck22

I have a Head Shoulders pattern inside of a range on the higher time frame Confluences: Head and Shoulders Bearish Engulfing Pattern Downtrend on the 4H Ranging at the Weekly

sylvesterpeck22

Higher timeframes break of structure. Price respecting Key level (Price turned support into resistance). B+ trade because the price is in an overall ranging market at the D, W, and M timeframes.

sylvesterpeck22

Looking at a structure break towards a key level at the 1h. all buys WITH STRONG BULLISH CANDLE.

sylvesterpeck22

I have sells on EURUSD. We have a break of structure at the daily timeframe which is favoring bearish movement (meaning USD is gaining bullish momentum). After the break of structure, we have a trend line and retest of a major level which is confirming a push down. Confirmations are giving vibes of a bearish market.

sylvesterpeck22

Waiting for a retest of the broken structure. The overall trend is bearish, and I believe price could fall to daily and weekly support. Nice setup and I am patiently waiting to execute. Selling at resistance.

sylvesterpeck22

Im all sells on this pair. It hit a significant resistance level in which I see lower lows and bearish candle sticks forming.

sylvesterpeck22

Price push-down broke a level of structure. Looking for a price to come back and retest resistance. In the yellow zone is where I am looking to sell. (Down Trend - Sell at Resistance/ M pattern)

sylvesterpeck22

Top-Down Analysis....Inverted Head and shoulders. Break of Resistance waiting for retest to get in. #keepitsimple

sylvesterpeck22 Updated 

I am Shorting until we get down to the support level marked up. We are not retesting and rejecting Key level. (M-Pattern)

sylvesterpeck22

My personal bias is bearish on this pair. But I will be patient & flow with the market. Weekly-Bearish momentum, Lower highs, and lower lows, bearish trendline Daily- Same as Weekly at resistance looking for a bearish candle stick pattern to form. 4h & 1H- Waiting for another confirmation. Price bounced off of support multiple times. Will we break support and...

sylvesterpeck22

I am neutral on the USDJPY right now. I will wait until the price gets to the zone to make a decision. The US dollar has bullish momentum right now on the lower timeframes but on the higher timeframes it's bearish.

sylvesterpeck22

Waiting for price to go back into my zone to be able to give me an indication on whether it will break my zone and go up or down! Patience pays the bills!

sylvesterpeck22

The dollar is losing momentum. I see usdjpy hitting resistance and going even lower. Waiting for an indication on when to enter. Candlestick pattern or retest off of the moving average. Trade with the trend.

sylvesterpeck22

I do see a short on NAS100. Rejection from the resistance, previous M pattern formation, and possibly a break of the trendline looking to sell if the next1H or 4H candle engulf the previous candle that was printed.

sylvesterpeck22

I see sells on EURJPY waiting on the 4H and the 1H candle to give a final confirmation. Bearish engulf at resistance, rejecting the 50 EMA, Broken Trendline headed south, and a M pattern or double top.

sylvesterpeck22

I'm buying at support. While price is stuck in a consolidating or ranging market(both foreign exchange and stock, to describe a flat market condition. When the market is in a consolidation phase, the price movement does not change in large numbers. It only moves up and down in a low range.)Pin Bars at Support (Indication of trend reversal and possible entry at the...

sylvesterpeck22

Looking For Confirmation! Setting up for a break and retest.