brettschoenfelder

brettschoenfelder Updated 

Taking another stab at the kiwidollar from this daily level. W New SZ formed @ 0.7200 and the DZ @ 0.69 is being respected. Will wait for price to break below. D This Daily level is just above a strong weekly move TP Shooting for 3:1 but will be open to taking a trail stop approach if I get the opportunity. Next Buy Opportunity @ 0.6700

brettschoenfelder Updated 

W The weekly chart shows price action has been in a range since late 2016 and approaching the top of the range. D Idea is that the upward momentum from last week will slow into the coming week reaching this daily supply zone area and start a new downward leg of the range. 240 Price currently reacting off a 240 zone. Must wait for price to resume upward move...

brettschoenfelder Updated 

W Price has been respecting this 86.80-88.00 Weekly SZ. New Weekly level formed @ 84.00 D In a tight range. Missed a few stabs at sells at the upper bound of the range. Was considering several areas for sells, but do not have a high conviction. On the demand side, price is respecting and forming new DZ's. 240 Set up based on origin of the big move away (around...

brettschoenfelder Updated 

W Price is in a range, but signalling it may go higher. D This sell would continue with a range in tact. Profits would be taken before the nearest DZ's formed on the daily chart. 240 Price failed to breach the 240 SZ. Just to make sure, I refined the entry higher and took a bunch of extra stop to cover some wicks seen on the 60min. TP 3:1, would be...

brettschoenfelder

W Price is high on the weekly. Almost to the weekly zone. D Been in an uptrend. With both a weekly level and several daily levels forming. 240 Lower probability zone, but high and still offers adequate profit TP 3:1 Other ideas Will be watching for pullbacks for buy set-ups.

brettschoenfelder

W Price is in a range, but signalling it may go higher. D 2 new daily DZ's formed, both of these areas are potential areas of interest to go long 240 Buy 1 - 240 continuation pattern, rally-base-rally, just above the daily zone Buy 2 - Price is quite far away, but will watch to see if this area remains viable TP 3:1's

brettschoenfelder

W Price has been ranging between 111 and 115. I am watching these types of ranges to see if I can more quickly identify them and jump in at the upper bounds. D Was considering Buying off the bottom of range, but there is a daily zone just below. My hypothesis is that the bottom range will fail, but get picked up in the zone just below. 240 Using the origin of...

brettschoenfelder

Set -ups 1.) Sell from Range Top Refined Entry based on fresh daily zone 2.) Sell from higher SZ Refined Entry based on fresh/authentic daily SZ W Price has been reacting off this weekly area (formed 6/15) for over a year and is in a range between 0.7800 and 0.7200. New weekly demand formed and was respected @ 0.7500 D As mentioned above, price has...

brettschoenfelder

Looking to 100 (just below) as support and see another dollar rally.

brettschoenfelder Updated 

Looking for a buy at the bottom of daily demand zone. W Coming into a weekly zone. Anticipating ranging activity to continue with an upward bounce at the weekly zone (particularly at the daily DZ being discussed) D Price has been ranging quite a bit, although slightly lower highs and lower lows have formed. 240 Using the lower portion of the Daily as the...

brettschoenfelder Updated 

I identified this potential set-up 2 months back, then after realizing price action has been ranging, determined I should not trade this zone. After revisiting. I like the potential set-up again. W Weekly Demand formed back in early Feb with USD shooting up last week, but now coming into the daily supply area D New price action has formed since initial...

brettschoenfelder

Looking for a buy at the bottom of the trading range w/in a daily demand zone. W Price has been ranging / period of consolidation D Price has been ranging quite a bit. Looking for some supply or demand at top of range 240 Using the 240 zone within the daily demand zone and ignoring the tail bottom of the daily dz. Initial move away greater than 5:1 TP 3:1

brettschoenfelder

Buys from nested demand zones

brettschoenfelder Updated 

W Price has been ranging between two weekly zones. Price has returned higher into the price points with higher probability of sell success D Price has been ranging quite a bit. Looking for some supply or demand above the ranging price action 240 At the top of the daily zone is an area of nested supply TP 3:1

brettschoenfelder

W Weekly trend is up. It previously reacted off a weekly level, continued upward, and dropped once more. I am anticipating the longer time frame uptrend will continue. D Price is currently ranging between a daily demand level and the weekly/Daily Supply. 240 The zone used for a buy is below the ranging price action and is the origin of a strong 9:1 move...

brettschoenfelder

240 supply zone formed around 53.05-53.24 It took out previous demand zone at 51.88 area and price is currently reacting off another area of demand

brettschoenfelder

Wait for pull back into demand zones. #1 There's a zone on top of zone starting ~2279 #2 Next buying opportunity comes in a little before 2272

brettschoenfelder Updated 

W Price recently reacting off the daily/Weekly Demand Zone D Price reacted bullishly off daily zone. Overall trend is ranging. 480 Found entry and stop off the 480 zone. Looks like clean structure. Not a crazy move away from this area, but over 3.5:1. TP 3:1