MatthewCrm

MatthewCrm Updated 

GBPUSD - LOOKING LIKE THE RANGE WILL CONTINUE, STOP LOSS SET AND TWO DIFFERENT TARGETS DUE TO HOW THE @DXY INDEX LOOKS, WILL FEATURE CHART FOR THAT IN COMMENTS.

MatthewCrm

TOOK THIS POSITION LAST NIGHT - RETESTED THE THE SUPPORT LINE NOW AND LOOKING TO KEEP THE LONG OPEN

MatthewCrm Updated 

@BXY IS LOOKING VERY BULLISH, SUGGESTING A BREAK TO THE UPSIDE FOR GBP / USD IDEAL TOP TARGET IS A PREVIOUS HIGH WILL NEED TO WAIT AND SEE THE PLAY TOMORROW - NOT WILLING TO HOLD OVER WEEKEND UNLESS RISK IS ELIMINATED

MatthewCrm Updated 

EXPECTING A RETURN TO THE WHITE PREVIOUS SUPPORT LINE - ACTING AS RESISTANCE NOW FOR THE BIGGER MOVE TO THE DOWNSIDE, A SOLID BREAK ABOVE TREND LINE WOULD THEN CANCEL OUT THE TRADE, ENTRY IS MARKED ALREADY BUT WILL BE TAKEN ON THE WAY BACK DOWN NOT ON THE WAY UP! GBP PAIRS HAVE BEEN NICE TODAY, I WILL INSERT MY TRADES TAKEN TODAY IN THE COMMENTS

MatthewCrm Updated 

chart shows the short trade that's already been taken, I got into this trade after seeing the bearish engulfing candle at entry. I'm seeing a bullish engulfing candle starting now signalling a buy for me, however I'm keeping an eye on the BXY chart so I know how strong the pound is. will plot the upside target in the comments. downside target was found by fig...

MatthewCrm Updated 

trading the range, looking for shorts because the pattern is clearly lower lows and lower highs.

MatthewCrm

the chart explains position, my thoughts when market rejects the previous trend leaving it somewhat unpredictable. higher time frame structure has been broken to the upside - could always be a fake breakout -- time will tell.

MatthewCrm Updated 

here we have what should be a simple trade if the bounce is accurate, nothing is valid yet though, waiting for a break to the upside of the box that the price is within, a break below would then trigger a downside movement, wary of a false breakout however!

MatthewCrm Updated 

having spent the whole of my lockdown journey studying Bitcoin, I think I'm almost getting to grips with it. you can see my position earlier today on the chart, predicting the spike upwards after some consolidation. Now though, we should see something similar except a larger upwards spike - before that however we will see bitcoin clear out some long position by...

MatthewCrm

hard to find structure in this current market condition, here we see some so it's time to snatch it up. confirmation as always is key and the confirmation is almost upon us with the opening sunday night 4hr candle going from green to red.

MatthewCrm

trying to anticipate the current market has proved tricky! see the false movements and read them - the euro at this current point shouldn't be pushing up against the CAD, watch the move

MatthewCrm Updated 

USD/CAD short position - approaching resistance level could be a nice short play - remembering that the dollar is a safe haven here is key, this current climate makes anything possible

MatthewCrm Updated 

here we see GBP/USD approaching the 3rd touch of resistance line, the pair is currently on an uptrend so confirmation is key!

MatthewCrm

seems to be rejecting nicely off trend lines. confirmation not here yet though.

MatthewCrm

small short position to end the week, confirmation already here but could see a slight move upwards before the continuation down

MatthewCrm

price point of around 85.000 is where I'm looking for this trade, don't usually focus on long term but this could be a week or two to fulfil the take profit as always - confirmation is key

MatthewCrm

Latest candle shows a lot of false price movement - momentum to the downside was short-lived which would show power to the buyer waiting for break of 1.32677

MatthewCrm

We see GBP/JPY hitting resistance (144.5) for 3rd time, could be potential sell - as always confirmation is key