flynnsforex

flynnsforex

weekly doji, bearish rejection ... daily bearish engulfing ... 618 retracement aligns perfectly with fresh daily supply ... aggressive stops above the monthly resistance ... maybe im right, maybe im wrong ... feel free to share your input :)

flynnsforex

Looking to take advantage of a SL run with an entry at 1.2485. SL will be below strong Daily/240min support at 1.2390s 1:2 risk/reward

flynnsforex

RIP

flynnsforex

weekly base + 240min supply zone

flynnsforex

This chart is a mess. Tough to get a clear read on it. However, we can see a gradual bearish trend forming. Lower lows are evident. Lower highs are questionable. Price has the potential to break below 1800. We'll see what happens.

flynnsforex

Nothing significant on this chart as of now. Purple zones are monthly support/resistance... Yellow zones are weekly support... Daily is trending down. Expecting a break below the 46 zone. However, the long trend remains until we close below 43 on the weekly. If this occurs, we can expect price to retest monthly support at 33. If price holds 43, we may see a move...

flynnsforex

Purple zones = monthly support... Ascending trendlines are drawn on the monthly time frame... The rest is self-explanatory. Weekly trend is indicating a break below weekly support to the 3700 zone. If that happens it's game over. US markets are on the verge of becoming melt machines. Proceed with caution.

flynnsforex

1800 marks the most significant S&P level we've seen in a very long time. From 2013 to present day, price has respected this level more than ten times on the weekly chart alone. After rallying off of this level in January, price has returned and seems to be rallying yet again. But don't be fooled. We are still in an obvious bear market, and the more price flirts...

flynnsforex

As of now, I see more downward movement for crude. The trend is your friend. HOWEVER...longer term time frames are showing bullish divergence on RSI, and price is sitting at massive support (light green area). So I see two possible scenarios...(1) price continues down and we see a test of the 31 handle, or (2) price respects long term support, breaks the...

flynnsforex

Looking for a retracement to the 38.2 level based on the 4h trend, which coincides well with a major longterm daily support/resistance level. TP 1 = 1.4900 ; TP 2 = 1.4835 ; TP 3 = 1.4750 ... SL above previous highs

flynnsforex

If you know how to read fibonacci along with support/resistance levels, I shouldn't have to explain too much. Looking for a retest of the lows around $38

flynnsforex

The picture speaks for itself. A much longer term investment but the charts don't lie. Looking for a break of $19 before I do anything.

flynnsforex

This pair is clearly in a downtrend on the larger timeframes. Price recently made a lower low and now seems to be in retracement mode. I am looking for a retracement to the 61.8 fib level around 1.53, which also will be a retest of a minor daily counter trendline. If price respects this level, we could see further downside to retest the lows at 1.50 and possible...

flynnsforex

Longterm trend on the daily chart is short. After a test of the 61.8 fib level, we can see price making lower lows, indicating a potential continuation down. Once the daily counter trendline is broken, we could see price drop to levels around the 27.2 fib extension, which also lines up with massive weekly/monthly support/resistance around 79-80

flynnsforex

Currently the aussie is at the lower end of its range. Price bounced off the the daily ascending trendline and retested the 61.8 level on the 4h chart. If price respects this level and continues to create lower lows within this 4h trend, it is possible to see the daily counter trendline broken and see a retest of the lower levels at 0.6950 (27.2 extension).

flynnsforex

After a false breakout of the weekly ascending trendline, price bounced off the 50% retracement and continued upward to create new highs. Now we are seeing yet another pullback. I am looking for a retracement to the 61.8 level highlighted in blue, which will also be another retest of the ascending trendline and a retest of the previously broken counter trendline....

flynnsforex

Aussie is currently sitting on KEY support along with major fibonacci levels. Awaiting a break, retest and continuation of the CTL for a long position. Take profit levels around 0.82

flynnsforex

Possible long term trend reversal for the Euro. If this weeks close is strong above the 1.10 level, we should see 1.14 and then 1.18.