andrewmvillx

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Online Joined United Kingdom andrewmvilla
Markets Allocation
75 % forex 25 % other
Top Mentioned Symbols
AUDUSD 25% | 1 XAUUSD 25% | 1 EURJPY 25% | 1 AUDNZD 25% | 1
andrewmvillx andrewmvillx EURJPY, 1D,
EURJPY: EURJPY
28 0 0
EURJPY, 1D
EURJPY

Here we see a daily trend line going downside but the price has been corrected and then it went bearish. The price broke the last support, so now I would wait for a new resistance or a TL (trend line) retest for short entry to my 1.618 Fibb. See W and M charts.

andrewmvillx andrewmvillx AUDNZD, 1W, Short ,
AUDNZD: AUDNZD
24 0 0
AUDNZD, 1W Short
AUDNZD

We can see a strong R (resistance) in W (weekly) chart and a upside TL (trend line) in W chart as well. The price touched five times that TL. Now the price is on 0.618 of my Fibbonacci Retracement and we can see that the last W candle shows a long wick under 0.618 of my Fibb. My RSI 5 is at 82%. The price could drop to 0.382 or even 0.236 and after that it'll go ...

andrewmvillx andrewmvillx AUDUSD, 1D, Short ,
AUDUSD: AUDUSD
40 0 0
AUDUSD, 1D Short
AUDUSD

Daily support broken, waiting for a retest and follow the trend. Let's see.

andrewmvillx andrewmvillx XAUUSD, 60, Short ,
XAUUSD: XAUUSD
46 0 0
XAUUSD, 60 Short
XAUUSD

Restest 4h TL, retested 1D support (before it was broken).

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