TarbzFX

TarbzFX Updated 

FX:USDJPY CONFLUENCES: - Bullish market structure confirmed by MA crossover - Breakover and retest of previous resistance - rejection of 61.8% golden fib zone - Elliot wave 5th leg - No rejection from 51 EMA but happy with the above confluence for entry

TarbzFX Updated 

FX:USDCHF CONFLUENCES: - Bullish market structure confirmed by MA crossover - Break out from previous area of resistance - approaching 71% fib & minor support area, I will look for rejection from this area before entry - Inverse head & shoulders pattern formation - Elliot wave 5th leg - rejection of Daily 51 EMA

TarbzFX Updated 

FX:GBPAUD CONFLUENCES: - Bullish market structure confirmed by MA crossover and break of previous high - Breakover and retest of previous resistance - rejection of daily 51 EMA - Spinning top 4Hr closure - Rejection of 78% Fib

TarbzFX Updated 

FX:EURUSD CONFLUENCES: - Bearish market structure confirmed by MA crossover (Elliot Wave 5th leg) - Head & shoulders pattern formation - Break and retest of the larger uptrend - Rejection of daily 51 EMA - Rejection of 78% Fib level - DXY has reached significant support so hope to see DXY strength in coming days

TarbzFX Updated 

CONFLUENCES: - Bullish Market Structure confirmed by EMA Crossover - Inverse Head & Shoulders - Breakout & Retest of bearish trend - Rejection of 51 EMA - Rejection of 61.8% Fib Level - Elliot wave structure awaiting the 5th leg higher

TarbzFX Updated 

FX:EURUSD CONFLUENCES: - Bearish market structure confirmed by EMA crossover - 71% Fib rejection - Breakout from longer-term uptrend - 4hr spinning top close - Bearish daily candle close

TarbzFX

CONFLUENCES: - Spinning top 4Hr closure - Rejection of fib levels which also line up nicely with areas of support and resistance - Break out & resistance of previous upward trend

TarbzFX

CONFLUENCES: - Bearish market structure confirmed by EMA crossover - Rejection of 51 EMA - Breakout & retest of previous area of consolidation - Fib Levels line up nicely with areas of support & resistance - Entered the trade prematurely but my healthy stop-loss has kept me in the trade with a 1:3 R:R

TarbzFX

My short-term outlook on DXY

TarbzFX

CONFLUENCES: -Bearish Market structure confirmed by EMA crossover - Head & Shoulders pattern formation - Break of a major support area - Could see a further retracement to 0.71525 however I see further $ strength in the near term

TarbzFX

CONFLUENCES: - Rejection of 51 EMA in 4hr - Bullish Market Structure confirmed by EMA crossover - Nice breakout from area of consolidation FX:GBPAUD

TarbzFX

CONFLUENCES: - Bearish Market Structure - Rejection of 78% fib level Personally not enough confluences for me to take the trade but interested to see how this plays out. I currently have USDJPY playing out nicely.

TarbzFX

CONFLUENCES: - Bullish Market structure - Rejection of 71% Fib Level - 1hr Spinning top candle closures

TarbzFX

CONFLUENCES: - Bullish market structure - Rejection of 61.8% fib level - Rejection from 51 EMA - Spinning top 4hr candle closures - EMA crossover

TarbzFX

CONFLUENCES: - Bearish market structure - Break of minor support - Rejection of 61.8% Fib level

TarbzFX

CONFLUENCES: - Bearish market structure confirmed by EMA Crossover and previous rejection of trend line - Rejection of 61.8% Fib area - 1Hr shooting candles signifying bears are stepping into the market

TarbzFX

CONFLUENCES: - Early signs of rejection of 78% Fib - Early Signs of rejection of highlighted area - ABCD Pattern Formation - Need to see bearish close due to DXY strength for entry

TarbzFX

CONFLUENCES: - Breakout from previous area of consolidation - Rejection from 51 EMA in 4Hr - Rejection from 61.8% Fib - Entered the trade prematurely but see a potential Head & Shoulders Pattern forming