TheForexWave

TheForexWave

AJ formed a Head & Shoulders pattern then ended the week with a dump. Moving forward this week I'd look for the retest here of the neckline for the next bearish wave opportunity!

TheForexWave

AU with the daily break of structure. Watch for the pull back or retest for the next bearish wave opportunity‼️

TheForexWave

EU gave a solid break of structure here on the daily. Going in line with bullish DXY; watch for the pull back or retest for the next bearish wave down!

TheForexWave

GU had a solid break of structure here on the daily. With the DXY also being bullish, I will be looking for a pull back to 1.2500 or a retest to catch the next bearish wave!

TheForexWave

Price gave impulsive bearish rejection from supply giving the confirmation for more downside coming. Looking to sell the pull back!

TheForexWave

EU continued selling on the retest it gave last week and now just broke another key level of structure. Will be looking for another sell opportunity on the retest if we get it!

TheForexWave

Price ended last week breaking structure here on the daily and now we are getting the retest. Looking for price to hold on this retest and give another bearish wave

TheForexWave

Price had a rejection from a monthly level of supply. Now here I will be looking for the pull back or retest for another bearish wave into 190 or lower!

TheForexWave

Price had a sell off to go in line with the bulls coming into the DXY/USD. Now here we got the break of structure and daily trend line. I will be looking for the retest to take the sell into 1.2540-1.2500!

TheForexWave

UC broke down with FOMC and the rate cut narrative coming with 3 rate cuts being left on the table for 2024 so thats bringing in USD/DXY weakness. Was able to catch this sell higher but now watch for the pull back or retest for the next bearish wave!

TheForexWave

Price is forming downtrend structure with the break of structure here. Expecting a bigger bearish wave

TheForexWave

Price is failing to break above structure and has given us daily and 4hr rejections. Looking for a bearish wave!

TheForexWave

USDCAD gave confirmed bearish close below structure. Now on this pull back looking for another bearish wave setup!

TheForexWave

Price broke above structure and now retesting for another potential wave up!

TheForexWave

After the impulse break above, price pulled back for the retest and setting up for another wave up!

TheForexWave

EU with the strong break of structure. Look for another bearish wave to come after this pull back or retest!

TheForexWave

Price had impulse rejection from supply with bearish engulfing on the daily. Expecting another bearish wave after this pull back!

TheForexWave

Sell setup developing here. Strong daily rejection here that rejected the trend line and potential lower high. Bearish wave coming!