kev1237033

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potential long to form the right shoulder

price respected harmonic pattern, rejection on fib 74.8 levels on retracement of weekly trend line break out. shorting to weekly demand levels

currently bullish on AUDUSD.. DXY showing sings of bearish at level supply levels.... longs are being held to weekly major supply levels. before we might see some active corrective structure...

awaiting test of weekly demand levels on 50% fibs for active longs to daily supply levels and above to monthly supply levels.

LONGS ON XRP AT THE MOMENT..

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LONGS ON AB=CB PATTERNS TO FORM RIGHT SHOULDER CONFLUENT WITH LEFT STRUCTURE ON DEMAND ZONES. WILL BE LOOKING FOR SELL ORDERS ONCE TP ON THIS IS MET. SUMMER IS PRETTY MUCH A DRY SEASON TO TRADE DUE TO LOW VOLATILITY

price currently above demand levels with multiple retests with failed closure below to act as supply. longs currently in play on this pair with first TP shows on the R:R tool as above.

short in play with retraceent levels acting as strong supply zones, meaning fib golden levels. currently short on this pair

3 REASONS. EAD AND SHOULDERS, FIB SEQUENCE & BREAK OUT..

for now its called the waiting game to see how things play out

hi all this is my idea. not a trading signal. comments are welcome. but this is my reason with all the logs on the chart. have a great weekend :)