mgwooding9

mgwooding9

Potential Setup as per the below Bias – Neutral The Yen is weak currently so expecting this to continue bullish for now, although previous HL has been broken on the H4. Wait to see whether price comes back into the key level and shows a depletion of bullish pressure. A pull back is required after such a strong move, so also look for opportunities from an...

mgwooding9

Potential Setup as per the below Bias – Bearish The Yen is weak currently so expecting this to continue bullish for now, although overall structure on this pair is bearish. Option 1 – Wait for price to retrace back to the key level creating a double top , taking out liquidity and then move down with bearish momentum. Option 2 – If price continues to stall...

mgwooding9

Potential Setup as per the below Bias – Bearish The Dollar is strong currently so expecting this to continue bearish Option 1 – Wait for price to retrace back to the 1hr OB, which also aligns around the 61.8 retracement level, adding extra confluence, then continue down with bearish momentum. Option 2 – If price retraces back beyond the 1hr OB, see how...

mgwooding9

Potential Setup as per the below Bias – Bullish The Dollar is strong currently so expecting this to continue bullish Option 1 – Wait for price to take out liquidity around the 4hr structure point and then continue with bullish momentum. Option 2 - Wait for price to retrace back to circa 71 Fib level of the bigger move, show signs of depletion, before...

mgwooding9

Potential Setup as per the below Bias – Bearish The Dollar is strong currently so expecting the Euro to continue bearish Option 1 – Wait to see if price breaks and closes strong above current 1hr structure point, look for a retest of the structure and ride up to current key level (Previous Daily LL) Option 2 - Wait for price to retrace back to the...

mgwooding9

Potential Setup as per the below Bias – Bearish The Dollar is strong currently so expecting the Pound to continue bearish Option 1 – Wait to see if price breaks and closes strong above current 1hr structure point, look for a retest of the structure and ride up to current key level. Option 2 - Wait for price to retrace back to the key level creating a...

mgwooding9

Potential Setup as per the below Bias – Bullish Price has finally broken out of the range and pushed up with bullish momentum Option 1 - Wait for price to retrace back to 50% of the current expansion move before considering a buy. Option 2 - Wait for price to retrace back to Golden Zone (71 – 78.6 Fib Level) of the current expansion move before...

mgwooding9

Potential Setup as per the below Bias - Neutral Option 1 - Wait for price to break current structure point on 4hr, retest and then continue with bearish momentum to fill imbalance. Option 2 - Wait for price to retrace back to the key level low, break this level, retest and then continue down with bearish momentum.

mgwooding9

Potential Setup as per the below Bias - Neutral Option 1 - Wait for price to break key level high, retest and then continue with bullish momentum. Option 2 - Wait for price to retrace back to the key level low, take out liquidity and then continue with bullish momentum.

mgwooding9

Potential Setup as per the below Bias - Neutral Option 1 - Wait for price to break key level high, retest and then continue with bullish momentum. Option 2 - Wait for price to retrace back to the key level low, take out liquidity and then continue with bullish momentum.

mgwooding9

Potential Setup as per the below Bias - Bearish Option 1 - Wait for price to break key level low, retest and then continue with bearish momentum. Option 2 - Wait for price to retrace to key level high, take out liquidity and then continue down with bearish momentum.

mgwooding9

Potential Setup as per the below Bias = Neutral Option 1 - Wait for price to break the 1hr structure point, retest and then continue down with bearish momentum. Option 2 - Wait for price to break key level high, retest and then continue with bullish momentum.

mgwooding9

Potential Setup as per snapshot Bias = Neutral Option 1 - Price to break current key level, retest and then continue down with bearish momentum Option 2 - Price to take out liquidity at the key level, then push up with bullish momentum

mgwooding9

Potential Setup as per snapshot Bias = Bullish Option 1 - Price to break current 4hr structure point, retest and then continue down to the Order Block aligned with the Golden Zone. Option 2 - Price to retrace back to the Key level, take out liquidity and then continue up with bullish momentum to create a HH.

mgwooding9

Potential Setup as per snapshot Bias = Neutral Option 1 - Price to retrace back to current 4hr structure point, take out liquidity and then continue with bullish momentum. Option 2 - Price to retrace back to 4hr structure point, break this structure, retest, then continue down with bearish momentum back to the key level, but ideally making a LL

mgwooding9

Potential Setup as per snapshot Bias = Neutral JPY has been melting so some potential for price to retrace, which is long overdue if price is going to continue higher. Option 1 - Wait for price to break the 4hr structure point, retest and then continue down with bearish momentum b]Option 2 - Wait for price to break key level high, retest and then continue...

mgwooding9

Potential Setup as per snapshot Bias = Neutral Option 1 - Wait for price to break out of the range, either side, retest the range and then continue to key level and structure points