EricDowdell

EricDowdell

After 36+ Hours of selling, GBPCHF has came back to an area of Demand and held strong and respected the Daily trendline. The fib level is also aligned with confluence at the 78.6 level. After sweeping the lows on the lower time frame, I am looking for GBPCHF to start up another bullish run. TP - 1.30694 TP2 - 1.3158 SL - 1.27718 R:R - 1:3

EricDowdell

Overall price has been bullish on AUDUSD. There are still large areas of liquidity that needs to be taking out as there are two daily highs that still have not been hit just yet. On the 4HR, price also made an institutional move to the upside and left an order block as well. Price also seems like it is forming an inverted head and shoulders as well Since the...

EricDowdell

Bitcoing has came back to an area of supply turned demand. Price bounced of the 57500 quarter point as expected and gave bullish confirmation that it wants to continue going to the upside after respecting the demand zone

EricDowdell

Quick Buy on NAS.. Confirmations in the screenshot

EricDowdell

GBPUSD has been making Higher Highs and Higher Lows. Also with the approval of the stimulus checks, USD should weaken even more which will cause GBPUSD to continue making higher highs

EricDowdell

Predicting CADJPY to go long. Price pulled back to a key area of importance and maintained structure

EricDowdell

Looking for NZDUSD to continue, Daily Structure looks really good to continue to the upside

EricDowdell

GBPNZD has been respecting a weekly and monthly demand for sometime. There was also a break and retest on the 4HR. Expecting GBPNZD to clear 1000+ pips over the next couple of months to the upside

EricDowdell

AUDUSD has been interesting over the past few weeks. It is currently ranging on the Daily Time Frame. However if you look at the monthly time frame you, see that it made new highs and is currently start to slow down in momentum to the upside. My expectations is that we see an upcoming retracement back down in FEB/March and then we began to get back in for buys...

EricDowdell

Bitcoin showed a clean reversal signed that checked a lot of boxes. 1) Price did not break the 9.5 2) There is a break and retest of trendline 3) Head and Shoulders formation 4) Fibs lined up perfectly There is still time to get in, must wait for the next pull back! Take profit - 9.0

EricDowdell

AUDJPY has been moving nicely in a channel since September. Price is currently reaching a weekly supply zone. After drawing the Fibs from the top peak to the retracement area, price looks as if it is headed to the 78.6 area before it decides to turn. I will be looking to take a short either at the 78.6 or 76.125 QP where there are a lot of rejections and a key...

EricDowdell

AUDNZD is doing the exact opposite of NZDUSD.. Looking for NZDUSD to Buy retrace, and reach the top supply.

EricDowdell

NZD has been making HH for some time now and is currently in my supply zone. Looking for AUDNZD to fall, retrace, and reach the demand

EricDowdell

Weekly In this situation we have a bull flag that looks beautiful… I took the distance of the pole and copied it. It is funny how the length of the pole meets a resistance at 17246. If price can stay above the weekly 21 MA, there is a good chance for the bulls to continue in Daily In this situation, everybody is seeing if the triangle will be respected or...

EricDowdell

retest www.tradingview.com USDCAD had an extreme push to the downside due to news. Expect a push up and a retest in fib zone 61.9-71.9

EricDowdell

USDSEK has been bullish for some time at its all time high and it looks like the bears will eventually come through 1) First thing I noticed is a clear head and shoulders 2) My trendline was broken by a bearish candle which shows the supply for this pair 3) Looking for retracement and continuation to the downside. Fib level lines up perfectly.. Looking for price...

EricDowdell

UCAD has clearly made a head and shoulders. This may be an opportunity to catch a few pips

EricDowdell

If you look on the daily time frame, price has been pushing downward towards the major qtr point 200. There is a possible chance that it respects that qtr point, and goes back up to 275 and form a head and shoulders. Any thoughts on this pair?