W- 38.20% fib retest, HH's & HL's. D- Bullish engulfing if today's candle closes at the current price or higher.
Second position D- Currently at monthly resistance, forming new support. 4H- 38.20% fib re-test, demand zone!
Uodate* Oct W- three weeks of consolidation. HH's & HL's. D- Price came back to retest consolidation zone, 61.80% fib.
W- three weeks of consolidation. D- Consolidation zone broke, re-tested/ closed. 4h- Currently at consolidation zone's resistance level, might fly up to 1.275. Awaiting on fib retest to at least 38.20%.
61.80% fib re-test/ previous consolidation zone re-test as well.
USDJPY Update* 4H- Formed a resistance on 108.224 zone but blew passed it! Also hit 38.20% fib zone! Same TP as my original setup!
W- Four weeks of consolidation zone broken, fifth-week candle closed above all the previous wicks. D- Bearish structure broken, new higher low and higher high have been formed. ( would it retest 38.20%?) 4h- 38.20% fib re-test. First TP : 107.664 Second TP : 108.187 Over all TP : 109.826 (300 pips)
D- Consolidation zone broke, 38.20% fib re-test. 4h- Support formed, will it hold Auzzie?
Update on Daily/ 4H charts. D- 61.80% fib rejection, double top, new lower high formed.
USDCAD Update* USDCAD Update* W- broke under monthly support TL/ Re-tested. Countertrend broken! D- 61.80% fi/ monthly resistance/ TL all re-tested!
W- After being stuck for two weeks, the consolidation zone was broke, last week's candle broke and closed above the wicks. D- Zone broken, needs a re-test, double bottom. 4H- selling to re-test level, 38.20% or 61.80% Overall, I'm looking to go long since the reversal has formed, HH's & HL's. 148.00 is the target!
300 pip target, bullish reversal on its way. 4h- Could wait for consolidation zone to be broken and re-tested for a safer entry.
W- Bullish structure broke, MA's crossed over, Lower lows forming. D- 61.80% fib/ Monthly TL/ R re-test.