TRYING TO PERFECT A STRATEGY I CALL "LEGACY LINE" MIXED IN WITH ANOTHER STRATEGY IM TRYING TO FINE TUNE AND PERFECT, I SEE EURGBP FINDING SOME MOMENTUM BACK DOWN. WE CAN SEE THE STRONG PUSH OFF THE HIGHER TIME FRAMES BUT IF WE SCALE DOWN WE CAN SEE OUR CORRECTION IS NOT ONLY GETTING WEAK, BUT ALSO RESPECTING THE MARKETS PREVIOUS LOW POINT, OR SIMPLY PUT,...
WITH A BREAK AND RETEST OF OUR TRENDLINE WE CAN SEE A MOMENTUM SHIFT AND START SEEING THE DXY REACH VERY FAMILIAR HIGHS! WITH THE CONFLUENCE OF GOLD LOOKING BEARISH SEEN IN MY LAST CHART WE CAN WITHOUT A DOUBT START TO SEE THE DOLLAR RALLY HIGHER! (IF TRUMP CAN STOP !@#$ UP)
EVERYTHING IS HIGHLIGHTED ON THE CHART.... BUT IF GOLD BREAKS THIS LOW TO CONTINUE LOWER, IT GIVES US A STRONG GENERAL DIRECTION FOR USD CROSSED PAIRS ;)
EVERYTHING IS HIGHLIGHTED ON THE CHART, BUT THIS WILL ALSO IMPACT THE STRENGTH OF THE DOLLAR GIVING US A GENERAL DIRECTION FOR USD CROSSED PAIRS ;)
WE CAN CLEARLY SEE WEEKLY STRUCTURE HERE ON EURJPY BEING BROKEN SHOWING SELLERS CONTINUATION! IT IS ALSO CURRENTLY RETESTING THIS MARKET STRUCTURE WITH CONFLUENCE SHOWING STRONG SELLING OPPORTUNITIES!
I SEE CADCHF FALLING STEEPLY FROM ITS CURRENT PRICE! -RESPECT OF TRENDLINE -RETEST OF PREV. STRUCTURE -FIB CONFLUENCE -DIRECTION OF OVERALL TREND.....SIMPLE SHIT!!!!
WE HAVE: -BREAK OF STRUCTURE HIGH -RETEST OF PREVIOUS STRUCTURE -FIB CONFLUENCE -RESPECT OF TRENDLINE MARKET SHOWING STRONG BULLISH MOVES!
First time trying out the record feature so dont make fun of me!!! lol I see nzdusd respecting previous area of price as well as its bearish trend line. what i forgot to also add was there is 61.8 fib retrace confluence at the entry point as well! HAPPY TRADING!
Outlook on BTCUSD . See it returning and possibly breaking beyond previous structure lows.
Respect of broken trendlinein a bearish market! Lets see how this plays out!
Completed Bearish BAT HARMONIC PATTERN! Lets see if this ADVANCED pattern can make usdcad PLUMMET!
GBPAUD broke its "sideways correction" Trendline! Should be seeing a nice bearish impulse!
Respect of trendline+Fib confluence Looking to short nzdusd at current market price!
Possible bullish breakout to previous highs
After stalling for a bit usdjpy has shown its true nature and has made its decent! From this current level i will look for another extension lower! KEEP TRADING SIMPLE!!! Find your areas of structure, identify everything within that price zone! MOney is made at the re test!
As USDJPY breaks lower, and DEMOLISHING its bullish trend line, we can see: 1)Retest of broken trend line 2)Re test of broken support which is new found resistance 3) 78.6 Fib Ratio correlation Next step?!?! ENTER SHORT!
Keep the markets SIMPLE! Structure-Fibs-Patterns-EXECUTE! We can even see The dxy showing STRONG bearish potential giving extra confidence to short usdjpy for a nice swing DOWN!
KEEP TRADING SIMPLE! Structure-Fibs-Patterns-EXECUTE! Looking for nice Shorts for this!