jt_money

jt_money

Price entered a resistance point. Entered based on the consolidation zone indicating a price reversal.

jt_money

Price has just broken through short term trend. Now price is approaching new major demand zone, before becoming long.

jt_money

Wait for price to correct towards the counter trendline. Look towards the MACD MAs to approach 0 line, then look to short.

jt_money

Price Action goes exactly as anticipated

jt_money

Price approaching major supply zone and at 78.6 fib level. Price closed under short term trendline and broke the short term structure.

jt_money

Anticipating price to respect major support line. Price currency undergoing massive bearish flag. However we can swing the position upwards for a potential 280 pips.