ZeusChainlink

ZeusChainlink Updated 

Short the 1H rejection of 1H/4H resistance. Primary trend is down. Following the trend.

ZeusChainlink

4H + Daily in bearish MS. Waiting for 15M/1H to follow structure.

ZeusChainlink Updated 

Short the 1H MS loss and retest of daily level. Targeting lower daily level.

ZeusChainlink Updated 

Hourly started to bounce after hitting H4 + TL Support. Long TP1 At 1:1, close 50%, let rest ride unless PA looks bad.

ZeusChainlink Updated 

-Stuck under major trend line resistance potentially forming a H&S. -It would reck the most people to print a H&S and then move up to Monthly Resistance. -Large Specs still stacking longs keeps me from taking the short trade, and makes me feel like this could be a fakeout formation. Thesis -Wait for neckline break on volume -Wait for bulls to clear out the highs.

ZeusChainlink Updated 

Took this short and scaled in starting at 38.2%. Should have been using 50%/61.8% for Range Bound on the Lead TF. Also, when closing previous short from SFP in profit on TL + 61.8% confluence, i should have flipped to a long, but failed to do so because of lack of mental fortitude to immediately put on risk following a TP.

ZeusChainlink Updated 

Entertaining squeeze between supply and demand, represented by the two VWAP. 1 VWAP from highs, 1 VWAP from the lows. Im favoring a break to the high side based on volume, but no edge yet.

ZeusChainlink Updated 

-Short the SFP at the range highs + Monthly Level. -TP1 Channel MP.

ZeusChainlink

I recognized the SFP this morning, closed my short in profit, and then should have known to flip long. I did not have this Daily Level properly marked out. I woke up this morning not ready to risk capital, so i missed the USD/CAD SFP and the AUD/USD SFP.

ZeusChainlink

-Perfect SFP at Weekly Support + 38.2%/50% Range. -Large Specs cut their short positions by approx 40%. -I would guess highs of 1.26440 will be retested. -Missed the optimal SFP entry. Looking for Pullback for HL to enter.

ZeusChainlink Updated 

Overview -Large Specs still adding to longs. -Corrective structure in progress. Bear -LTF MS is still bearish. -Price rejecting weekly open (for now) -No major support levels that would provide a significant bounce here. -Potential bear flag forming. -Under aVWAP from high -Under last week's Value Area Low. -Have not reached the 38.2% Fib of the...

ZeusChainlink

Should breakdown after the SFP at monthly, but too late to the party, so bad R:R. No trade, unless it pulls back.

ZeusChainlink Updated 

Short the MS and what appears to the a rejection at VWAP. Half position filled, until i see 1H close.

ZeusChainlink Updated 

At major trend line resistance. High Volume upper wick. Potentially SFP on 4H close in 28 mins. Targeting Weekly Support, but will take some off at WO.

ZeusChainlink Updated 

Short MS to Monthly. TP1 at TL prior to Monthly

ZeusChainlink Updated 

Short at session VWAP/50% Fib, TP1 @ Pivot, TP2 @ Monthly. Stops above Daily and AVWAP.

ZeusChainlink Updated 

High Volume SFP at Weekly Support. Long. TP1 Monthly.

ZeusChainlink

Looking for MS to continue by losing low. Red arrow is just another possibility if price did want to make a break to the high side.