matt716

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Joined London, UK
Markets Allocation
93 % forex 2 % cryptocurrency 2 % stocks 2 % other
Top Mentioned Symbols
USDJPY 12% | 5 EURUSD 7% | 3 EURGBP 7% | 3 GBPAUD 7% | 3
matt716 matt716 XVGBTC, 60, Long ,
XVGBTC: XVG GOOD BUY?
168 1 3
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 ,
GBPJPY: GBPJPY WATCH FOR PRICE ACTION AT TOP
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 ,
EURUSD: EURUSD 1H ENDING DIAGONAL?
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 ,
USDCHF: USDCHF 4H/D BUY SETUP
34 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 ,
AUDJPY: SIMPLE SHORT TERM BUY SETUP
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 ,
USDJPY: USDJPY CONTINUING TO SELL
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.

matt716 matt716 GBPUSD, 240,
GBPUSD: GBPUSD LONG TERM POSSIBILITIES
144 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 ,
USDJPY: USDJPY BULLISH FLAG FORMED
66 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 ,
GBPAUD: GBPAUD POSSIBLE REVERSAL??
37 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 ,
EURGBP: EURGBP LONG TERM VIEW
52 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 ,
EURAUD: EURAUD SHORT TERM BUY
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 ,
AUDUSD: AUDUSD SIMPLE SELL SETUP POSSIBLE
100 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 ,
NZDUSD: NZDUSD SHORT TERM SELL SETUP
48 5 4
NZDUSD, 15 Short
NZDUSD SHORT TERM SELL SETUP

short term sell setup on nzdusd

matt716 matt716 AAPL, W, Short ,
AAPL: AAPL APPROACHING WEEKLY TRENDLINE WILL LOOK FOR SELL SETUPS
67 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 ,
GBPAUD: GBPAUD SHORT TERM BUY IDEA
25 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 ,
USDJPY: USDJPY 1H BUY IDEA
52 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 ,
EURUSD: COULD BE START OF REVERSAL
100 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.

matt716 matt716 AUDUSD, 60, Short ,
AUDUSD: AUDUSD ANOTHER SELL SETUP COMING UP
67 2 4
AUDUSD, 60 Short
AUDUSD ANOTHER SELL SETUP COMING UP

once price breaks below current trendline up, i will be looking for a possible flag and sell setup.

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