matt716

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Joined London, UK
Markets Allocation
90 % forex 5 % cryptocurrency 2 % stocks 2 % other
Top Mentioned Symbols
USDJPY 11% | 5 EURUSD 7% | 3 GBPAUD 7% | 3 EURGBP 7% | 3
matt716 matt716 BQXBTC, 60, Long ,
9 0 1
BQXBTC, 60 Long
Key level for BQX

watching for price action at this level to indicate if price is starting an uptrend by breaking out of descending channel. or wether this is a bigger correction to retest the low. I believe it will bounce and go higher but it also depends on BTC.

matt716 matt716 XVGBTC, 60, Long ,
171 1 4
XVGBTC, 60 Long
XVG GOOD BUY?

XVG has had a big correction, broken out and retested, unsure on verge myself but technically looks a great buy right now.

matt716 matt716 GBPJPY, 60, Short ,
49 0 2
GBPJPY, 60 Short
GBPJPY WATCH FOR PRICE ACTION AT TOP

watching for a reversal at the top of the 1h channel although breakout up is possible to retest the previous high.

matt716 matt716 EURUSD, 60, Short ,
86 0 2
EURUSD, 60 Short
EURUSD 1H ENDING DIAGONAL?

possible ending diagonal on the 1h tf looking for breakout to the downside to sell eurusd down to lower trendline or possibly lower.

matt716 matt716 USDCHF, 240, Long ,
35 0 2
USDCHF, 240 Long
USDCHF 4H/D BUY SETUP

usd chf has gone and tagged the low as expected which indicates this is the bottom of the bigger picture which i previously posted. it has also broken out of its current downtrend and is consolidating.

matt716 matt716 AUDJPY, 30, Long ,
35 0 2
AUDJPY, 30 Long
SIMPLE SHORT TERM BUY SETUP

simple buy setup here sl below previous low (bottom line) tp above previous high (top line) possibility to go to the top of the channel

matt716 matt716 USDJPY, 30, Short ,
93 1 5
USDJPY, 30 Short
USDJPY CONTINUING TO SELL

ujsdjpy is in a nice downtrend and i will continue to sell every time it makes a correction like this. at some point it will breakout of this trend to make a correction so if that happens I will get out of the trade.

145 0 4
GBPUSD, 240
GBPUSD LONG TERM POSSIBILITIES

indicators suggest this is the top for gbpusd for the short term so looking for either a correction down for buy setups (does not have to come to trendline) or an impluse down to the trendline to suggest a breakout to the downside, if so I would be selling. I will post shorter term ideas when setups are complete.

matt716 matt716 USDJPY, 30, Long ,
69 0 4
USDJPY, 30 Long
USDJPY BULLISH FLAG FORMED

bullish flag formed on 30/45 min charts looking to buy

matt716 matt716 GBPAUD, 240, Short ,
38 0 5
GBPAUD, 240 Short
GBPAUD POSSIBLE REVERSAL??

Approaching trendline looking for reversal so I will take any sell setup such as this one in case it is the one that reverses. I will move stop to break even soon as it could just be small correction.

matt716 matt716 EURGBP, D, Long ,
53 0 5
EURGBP, D Long
EURGBP LONG TERM VIEW

I believe eurgbp is making a bigger abc pattern as shown in orange on the chart. I will be looking for a correction at the trendline to get long.

matt716 matt716 EURAUD, 60, Long ,
33 0 3
EURAUD, 60 Long
EURAUD SHORT TERM BUY

euraud one more up move to the top of the trendline possible. good buy due to the chance it breaks out of this however I will move sl to break even soon as it is likley that a bigger correction will be made first.

matt716 matt716 AUDUSD, 60, Short ,
102 0 6
AUDUSD, 60 Short
AUDUSD SIMPLE SELL SETUP POSSIBLE

expecting au to reach the bottom of daily trend without major pullback outside of downtrend so I will be selling every time it reaches it with a tight stop loss.

matt716 matt716 NZDUSD, 15, Short ,
48 5 4
NZDUSD, 15 Short
NZDUSD SHORT TERM SELL SETUP

short term sell setup on nzdusd

matt716 matt716 AAPL, W, Short ,
68 0 5
AAPL, W Short
AAPL APPROACHING WEEKLY TRENDLINE WILL LOOK FOR SELL SETUPS

apple is coming up to the weekly trendline where i will be looking for a reversal or news that may start the reversal. will keep this chart updated closer to the time

matt716 matt716 GBPAUD, 60, Long ,
26 0 5
GBPAUD, 60 Long
GBPAUD SHORT TERM BUY IDEA

gbpaud 1h long idea. approaching longer term trendline will wait to see what happens there

matt716 matt716 USDJPY, 60, Long ,
53 0 6
USDJPY, 60 Long
USDJPY 1H BUY IDEA

ujsdjpy is currently correcting by making a flag pattern in the 1h. could be the start of the bigger move up so worth buying. however i do not think this is all the correcting it will do, i am expecting price to come back down around the previous high to make a bigger corrective structure on the 4h before going up. I will post another chart if this happens. there ...

matt716 matt716 EURUSD, 15, Short ,
101 0 7
EURUSD, 15 Short
COULD BE START OF REVERSAL

eurusd is at the top of structure so I am taking any short opportunity I get as the is great r/r and lots of potential. however more up is possible and may not be reversal right now. I am already in the trade with a small amount just in case it is but i am looking for a flag for confirmation.

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