Leon_Forex

Leon_Forex

Last week we saw JPY pairs pullback into support after having broken out the previous week turning resistance into support. Last week we saw price testing the 38.2% Fibonacci level which happens to line up with a level of support creatin a strong level of confirmations to look for possible long.

Leon_Forex

I am looking for price to pullback into support testing it before moving upwards,

Leon_Forex

Taking a looking at NZDJPY, I am waiting for price to pullback into support or the three golden levels of the fib before buy all the way to the upside,

Leon_Forex

Looking for long positions going into this week as price failed to continue creating lower lows and high lows and has now started creating higher high and is now coming back for a retest into support. I am looking for price to retest this current level of support which, lines up with the three golden levels of the fib. This creates a high level of interest or...

Leon_Forex

Since price has already managed to break above the previous level of resistance I am now looking for price to retest all the way down into the 50% fib level and complete its upwards trajectory

Leon_Forex

Similar to GBPJPY, EURYEN has tested it's current level of support which does line up with the three golden levels of the fib. Eurjpy unlike gbpjpy has had a deeper retest into support and I am currently waiting for price to either test support one more time then move up or for price to continue moving upwards through this current level of resistance.

Leon_Forex

Taking a look at GBPJPY there are two current scenario's. The first being that price just continues in it's upwards direction breaking this current level of resistance with a moderate risk to rewards ratio. The second being price pulls back deeper into the fib levels testing support once more then giving us an entry signal in the form of a candlestick pattern on...

Leon_Forex

A few days back I shared this idea that I am looking for Pound-Dollar to break below support retest then continue going low. This level of support failed to break but I hope that bears manage to drive price below structure before retesting and continuing in that direction.

Leon_Forex

NZDCAD is currently in a long term down trend and has recently broken below this level of support turning it into resistance. Going into this week I am looking for price to continue falling then for a retest.

Leon_Forex

Looking for price to pullback further into daily support, which lines up with the 50% fibonacci level. Then I will be looking for continuation buys to the upside. Long term trend on EJ is up this is just a pullback into support before price continues upwards.

Leon_Forex

Looking for a pullback into any of the three fibonacci retracement levels drawn on the daily chart. Ideally the 50% level before price continues in its original trend. I am bullish on GJ overall as trend on the daily is up as well as the weekly

Leon_Forex

OANDA:AUDJPY Looking for a break below and retest below structure and a continuation to the downside. There is a possibility that price might break above structure as but I am looking for short opportunities.

Leon_Forex

FX:GBPUSD This week on GU I am looking for price to break below support turning it into resistance before testing that structural level and pushing to the downside. This idea is backed by the DXY(Dollar Index) gaining strength in the recent weeks resulting and sell of on the GU side.