IllusiveShroud

IllusiveShroud

Price recently spiked from this area, possibly leaving a great deal of unfilled orders in the market. I now believe USDCHF is coming back down to retest parity.

IllusiveShroud

After a strong wick rejection from the previous lower demand zone price has broken through an area previously established as Demand. Price action shows it is currently being rejected, with price rounding out around the area. I now anticipate a push to the upside to mitigate the major USDCHF imbalance at the Supply.

IllusiveShroud

US30 may see a relief in price after a long bullish streak. Price has now failed to break the key level @ 33,000 twice, and selling pressure is entering into the market.

IllusiveShroud

Confluences include ; 15M bearish trend + Recent pullback to a defined supply zone.

IllusiveShroud

After a swift move to the downside, price has set up a few supply zones and found support below them. After multiple rejections price was on its way down but has pushed above supply. It is my opinion that USDCAD is now on it's way to mitigate the initial imbalance and return to the initial supply at Target 2. There may be some traffic on the way, which is why...

IllusiveShroud

Multiple wick rejections on the daily, a strong bullish bias is forming on higher timeframes. The pair now looks to retest 0.814

IllusiveShroud

Strong trend may push us further upwards. Price has rejected RN and is now looking to push towards 105.00

IllusiveShroud

Points of interests - Swing Low may be broken and retested at psychological level - FOMC may affect this trade

IllusiveShroud

Looking for GBPAUD to break through the double bottom on 1D. Then we could return to retest it and continue bearish.

IllusiveShroud

GBPAUD is looking to swing to the upside.

IllusiveShroud

CADJPY Quick short

IllusiveShroud

After a strong breakthrough of the key hourly support, USDCHF is now slowly pushing upwards towards the historical level. - Due to the strong nature of this previous frequently tested and respected support level. - Paired with the strong bearish trend on USDCHF we could see some trend continuation through Friday. Rejecting the current swing low and driving us lower.

IllusiveShroud

Again, a simple horizontal level of resistance turned support in our trending market. Let's see how it plays out.

IllusiveShroud

After many frequent retests of the blue zone it has been established as an area of strong support. I'll now look for USDCHF to retest this zone as resistance.

IllusiveShroud

Looking for some textbook retests of the last swing low USDCHF formed in the strong bearish market.

IllusiveShroud

GBPUUSD Is now looking to change market sentiment and initiate a bullish drive from the reaction the the previous resistance turned support.

IllusiveShroud

Taking a look at the Daily chart on EURAUD shows us that we are now moving towards a bearish leg playing out on the currency. What were seeing on this 15 min chart is a small ranging area of structure that price has moved into while making a longer term bearish leg. I believe that we'll soon break this bearish leg to the downside and continue a steady drop down to...

IllusiveShroud

We're now looking for GBPUSD to continue it's second third bearish leg and complete it's "Head and Shoulders" from the region of 1.24600 towards lows of 1.23282 over 145 pips away. Risk is low due to the position of our entry.