TeePeeFX

TeePeeFX

Overall my bias on this (longterm) still has not changed. I will still not be looking for the longer term swing high just yet. Our analysis on gold this year has played out to a Tee(Pee) This is a nice and simple setup. For it to be relevant we need to see a break of the top of this falling wedge structure, this then opens up the targets to 1745 & 1770. Both of...

TeePeeFX

This setup is only relevant if we can get that daily close below this neckline. As i have already stated to TeePee Students; I want to hit a stop on this, and i will not trade it on a live account. all the reasons for this were shared in our live session earlier today. Targets (1.758 & 1.743) are fib ext targets (1& 1.618). i don't think the previous relevance of...

TeePeeFX

Nice and simple setup, but this means nothing until the channel bottom is taken out. Longterm my bias on this is still long, across the majority of EUR pairs. We are still long on EJ & this pair since May. We could easily see another push to the channel top which would definitely give the targets a move with it. The targets are in no way concrete, especially if we...

TeePeeFX

here we have a nice descending and condensing structure. a quick look at the MACD shows us that this sell off looks to be tiring. We have already seen a break of the larger structure, now we need to see that the smaller patterns bottom holds, and find a break of the upper structure to look for long opportunities. Smaller targets are potential for now and can...

TeePeeFX

Eyes are still very much on this pair. No opportunity presented itself last week, but at the moment we have a nice and clean potential double top forming. Naturally, we need to see this neckline taken out before we can trade it. The double top itself (although it cannot be classified as divergence) is showing significant signs of weakening, through the MACD and...

TeePeeFX

As covered in our weekly outlook session with our students. This has the potential to be a scalp that moves into an intra/swing position. This time frame (4Hr) shows a considerable amount of liquidity just above. I simply cannot class this current collection of price action as a double top due to the fact that the price did not move into a rejection directly at...

TeePeeFX

Nice, simple & clean. Double top, neckline has already been broken, now we just need to look for the retrace - its always possible that this wont give a full retrace, or it may even over extend to the bodies of the candles on the neckline. nice drop off on the MACD across the peaks, and a trend break to vouch. Price action also looking very nice for the bears. I'm...

TeePeeFX

Looking good for shorts here if this candle can close below the neckline. Nice and simple. Trendline break, double top, Divergence on the peaks and bearish price action. 1.962 is the neckline. TP1 = 1.946 TP2 = 1.939 Targets are conservative fib targets for the break of the double top - this is only valid if this 4 hour candle breaks and closes below the neckline...

TeePeeFX

This chart may look a little noisy, but i assure you everything is of relevance. I'm really liking this setup. We have a potential double bottom formed (Highlighted black circle)... This has formed right on the targets of the previous rising wedge (1618 ext targets) The double bottom has divergence across both of the legs, and the neckline (123.4) has been...

TeePeeFX

Both scenarios (for now at least are relevant). On one hand, we have a potential double top, with divergence across the two peaks. On the other hand we have a descending channel break with a clean break, hook back and rejection of the channel top.... To sell, i'm looking for a break of the double tops neckline at .912. To buy, i'm looking for the price to...

TeePeeFX

Nice, clean and simple. We have the break of a very bearish 4 hour structure. on the move to the downside, price failed to reach any relevant fib ext targets. Im looking to the purple zone for scale ins to carry this pair to its final targets 1.74 & 1.72

TeePeeFX

nice and simple setup. i will find my targets for this short trade when we either see a retrace to the channel bottom, or when we see this potential flag break to the downside. MACD looking good for this trade also.

TeePeeFX

The targets for the break of the previous channel (sent to our students) were hit perfectly, before we saw a retrace back down. The beautiful thing about the retracement is that it appears to have moved directly into a new descending channel. I think we are likely to see a little more of a dip before this pair moves away, but i for sure will be looking for longs...

TeePeeFX

This setup is looking very interesting... we have this ascending channel with not only divergence throughout the channel itself, but also across a potential double top. Price action from Friday looks extremely bearish. Both the potential double top and channel break can only have 'assumed' targets at the moment, however the fib extension targets both line up near...

TeePeeFX

This setup is looking very nice moving into next week. The week view rejected our upper T/L, we also have a potential triangle forming (upper level is marked, lower level sits nicely on our first target) If this triangle does form and come into play then its relatively unlikely we will see the second target on the first push to the downside. We have clean...

TeePeeFX

this one is nice and simple. A break of this structure gives Fib extension targets that sit directly on the daily channels bottom... Coincidence? i think not... I'm looking for a break of this rising structure to confirm this trade. Not the biggest trade in the world, but will give a very tasty RRR is it does break and give entry.

TeePeeFX

the highlighted zone is an area of interest to me. I am not just looking to buy at this level. My bias may be long but i need to find a confirmation to enter the trade. (DB, engulfer etc) This is a trade setup that i found and identified on a 1 on 1 session with a TeePee Student.

TeePeeFX

This setup is currently looking very tidy indeed. NFP appears to have given us a very nice break of this falling wedge pattern. We have already seen a near perfect retrace to the pattern top, but with the current volatility and indecisive nature of USD pairs, i wouldn't be completely surprised if we were to see another pullback, the purple box indicates my area...