HarryHadgeHutchison

HarryHadgeHutchison

self explanatory chart, retracement has happened, moves higher are expected

HarryHadgeHutchison

Self explanatory chart. 50 pip gap in the market which needs to be filled, price has just tested a Daily area of resistance.

HarryHadgeHutchison

self explanatory chart. Monthly resistance turning support. ABC 50% fib retracement. Descending trend-line resistance turned support

HarryHadgeHutchison Updated 

Gold short entry to 1224.00

HarryHadgeHutchison Updated 

Reasoning can be seen on the chart next to the respective flag symbols. Feel free to leave a comment for discussion!

HarryHadgeHutchison

Reasoning _____________________________________________ Weekly descending trend-line and minor decending channel broken to the downside. Monthly resistance key level 0.76500 tested and held. A-B-C Fibonacci re-tracement 50% SMA and EMA cross over on daily+hour...

HarryHadgeHutchison

Self explanatory chart: CONFLUENCES _____________________________________________ Bullish resistance broken indicating strong bullish sentiment Approaching Monthly Resistance at 1.34600 -------------------------------------------------------------------- Wait to see price action when it approaches monthly resistance if price is...

HarryHadgeHutchison

Multiple confluences on this pair which highly indicate a potential short opportunity! CONFLUENCES= Weekly downwards channel, weekly 50% fib, Monthly resistance 12500.00 key level, daily trend-line breakout, SMA and EMA crossover. Stops placed above previous Lower High and target 1 at the next monthly support zone 1140.00

HarryHadgeHutchison

Monthly Downtrend Weekly Downtrend Hour 4 declining trend-line respect 50% fib 21,SMA 8 EMA cross over

HarryHadgeHutchison Updated 

Self explanatory chart. See yellow box for full info. This trade will only be activated after a successful SMA and EMA cross-over!

HarryHadgeHutchison Updated 

Potential short with GBP/JPY. Recently price has been trading in a wedge range. The support has been broken, re-tested and looks prime for a short. Before entry I need further confirmation from an EMA(8) and SMA(21) cross-over. My target (1) will be the next area of support at the weekly support 136.500.

HarryHadgeHutchison

Current situation: the pair is currently trading the range between monthly support 1.27108 / resistance 1.19620 levels and has begun concilidating in a wedge.Depending on how price behaves towards the rising support, a break and re-test should see price move bearishly with the monthly support at 1.19620 as its target. An area to watch for potential support is the...

HarryHadgeHutchison

Prior to the 11th of December this pair was trading in an upwards trend with key resistance around the 0.78000 level. After the break of this market structure, there has been a number of minor re-tracements, and price is currently trading around the 61.8% re-tracement inside a daily supply & demand zone and coincides perfectly with the 0.74600 support/turned...

HarryHadgeHutchison

Prior to the 11th of December this pair was trading in an upwards trend with key resistance around the 0.78000 level. After the break of this market structure, there has been a number of minor re-tracements, and price is currently trading around the 61.8% re-tracement inside a daily supply & demand zone and coincides perfectly with the 0.74600 support/turned...

HarryHadgeHutchison Updated 

61.8% fibonacci level coinciding with a daily supply and demand zone. Previously stuck in a downwards channel and is seeking liquidity for any further moves higher. I would expect to see more re-tests of this downward trendline before any significant market structure changes.

HarryHadgeHutchison

Self explanatory chart. 61.8% re-tracement from last area of supply and demand to current low. Also coinciding with an hour 4 order-block. 2.3R trade.

HarryHadgeHutchison Updated 

After Fridays data releases saw the pair react bearishly, EURUSD has appeared to find some support around the 1.11500 area and formed a M15 double bottom. Due to this behavior i will be anticipating some re-tracement on Fridays move, then followed by a continuation of the bearish move after the 61.8% re-tracement level has been achieved. To add confluence, the...

HarryHadgeHutchison

Long term bias of this pair is bearish (based on 1W time-frame 61.8% fib level and Weekly supply and demand zone). The red dotted line seen on the chart represents the weekly 61.8% level, and its clear that this is a sensitive area after price has tested it twice. So long as the 'Head' high at 0.87246 holds, there is a potential that a head and shoulders is...