tradergiacomo

tradergiacomo

We currently have a H4 down trend being respected which at its current point of contact is also the retest of our head and shoulders neck line.

tradergiacomo

Short EURJPY Set Up

tradergiacomo

Quick Aussie trade

tradergiacomo

Long for 70 ticks

tradergiacomo

Head & Shoulders 4hr

tradergiacomo

Retested TL

tradergiacomo

Expecting a retest of 1.57702 where we will enter our short

tradergiacomo

Probe lows

tradergiacomo

expecting fib retracement

tradergiacomo

Expecting a test of resistance with a gradual drop to support

tradergiacomo

NZDJPY approached the first resistance at 77.62 (horizontal overlap resistance, 61.8% Fibonacci retracement ) and a strong reaction might occur below this level, pushing price down to our major support at 76.17 (horizontal pullback support, 50% Fibonacci retracement , 61.8% Fibonacci extension ).

tradergiacomo

Expecting fib retracement

tradergiacomo

Liquidity gap was filled, plus two previous highs looked like they were manipulated and USDCAD at a strong level in confluence with the fib retracement and trendline retest. Looking also for dollar to be weakened in the short term so we might look for a few days/weeks of shorting this particular pair

tradergiacomo

Confluences are as follows below; - strong support level - long term trendline support - mid term trendline For this to develop we would have to see selling pressure on dollar crosses, 10 yr and DXY.

tradergiacomo

Waiting for 4 hour candle closure before moving into positions.

tradergiacomo

We can see a bearish channel forming, there was a false breakout and price is currently hovering in the upside channel TL. If we close below and close below that small vertical TL within the channel, I would assume this pair would drop towards the next daily support as indicated. We've broken daily support, price is currently testing this zone. We have also...

tradergiacomo

Currently observing Gold, price has been given brief support at the weekly trendline, plus at the 61.8 level. Waiting for a clean break of the zone and price to cross MA

tradergiacomo

Expecting a pull back to our main level where we will enter shorts.