FRANCONACCI_FX

FRANCONACCI_FX

BUY @ Current level or wait for price to sweep the low. HOLD the trade as PRICE ACTION plays out.

FRANCONACCI_FX

Wait out the BULLISH MOVE Until the SELL ORDER is CONFIRMED & HOLD INTO NEW LL

FRANCONACCI_FX

PRICE IS INBETWEEN 61.8 AND THE 78.6 RETRACEMENT BUY LIMITS TO BE SET ON THE 78.6 ENTRY AS THE MARKET CLOSED BEARISH ON THE 4H. WE COULD SEE A STRONG PUSH TOWARDS THE 78.6 FOR A CLEAN LOW RISK ENTRY TP ARE WELL ALIGNED WITH THE D1 RESISTANCE KEY LEVEL BULLISH TREND LINE FROM THE 4H WELL RESPECTED.

FRANCONACCI_FX

entry caught on the 15M and it TP at the D1 resistance after 6 days in profit without any drawdown clean entry using breakout and retest technique. also making use of psychological price key levels.

FRANCONACCI_FX

VIX ANALYSIS

FRANCONACCI_FX

PRICE IS SHOWING SIGNS OF SHORT REVERSAL TO POSSIBLE TOUCH THE TREND LINE TO THE UPSIDE. WE NEED TO SEE PRICE BREAK STRUCTURE. CANDLE STICK CONFIRMATONS ARE BEARISH SPINNING TOPS ON H1 AND THE 15M

FRANCONACCI_FX

THE RAND SEEMS TO BE AT A VITAL THIRD TOUCH ON THIS MONTHLY TREND LINE, JUNE HAS BEEN A STRONG BULLISH INTENT TO MOVE BACK UPWARD.

FRANCONACCI_FX

KEY SUPPORT/ RESISTANCE LEVELS NEATLY PLACED. PRICE REACTED TO THE LONG TERM 4H TRENDLINE AND LONG BULLISH ENTRIES WERE CAUGHT ALL THE WAY UP

FRANCONACCI_FX

AFTER CATCHING A WEEK LONG SWING TP THE DOWNSIDE, PRICE HAS NOW TOUCHED THE D1 LONG BULLISH TRENDLINE WE CAN NOW GET IN LON LONG BULLISH SET UPS AIMING FOR TE MONTHLY RESISTANCE LEVEL. SET UP COULD PLAY OUT OVER THE NEXT WEEKAS HE UPTREND HAS ALRADY STARTED.

FRANCONACCI_FX

A B C D PATTERN , ENTRIES TAKEN ON HE 61.8 RETRACEMENT 14000.0 , SL 13950.0 TP 1: 14285.0 TP 2: 14390.0 SET UP DONE SUNDAY 20TH 2021 4 DAY SWING

FRANCONACCI_FX

BULLIS TREND ON US30 , PRICE IS RESPECTING THE 4H TIMEFRAME. WE CAN SEE HH AND HL STRUCTURE