mq12b

mq12b Updated 

Currently long the Pound Bullish Engulfing pattern on the 78.6 Fib Level Nice rejection off the PRZ of Cypher Target @ 38.2 Fib Level of the AD impulse

mq12b

Price has been playing out as expected (See previous post of AUDUSD) Anticipating some resistance at 0.77 level 88.6 Fib level of Bat pattern Weekly trend line Anticipating some consolidation before Waiting for a Daily reversal pattern

mq12b

Currently looking for Shorts on NZDUSD Bearish Shark formed on the Daily TF Nice rejection off the Price Reversal Zone Bearish Engulfing pattern on a Quarter point on Daily TF for confirmation ReTested Quarter point

mq12b

Bullish Cypher on the 4H TF Addition confluence w/ trendline Bullish Engulfing on the Daily TF Anticipating a break of Major Half-point to test Quarter point Potential Bearish Butterfly pattern set up for the retrace Anticipating another push up for a HH after completing Butterfly Pattern from 61.8 - 88.6 Fib level

mq12b

Bearish Gartley formation based on the Daily TF Reversal off major half-point Bearish engulfing confirmation on the Daily TF Target 1 @ next quarter point Target 2 @ next quarter point

mq12b

AUDUSD broke H4 trendline Previous Bullish Week candle engulfed previous bearish candle Bullish cypher pattern confluence Anticipating another push up to make a HH Take Profit 1 : 0.7472 Take Profit 2 : 0.7490 Take Profit 3 : 0.7515 Take Profit 4 : 0.7535 ****Adapt and React****

mq12b

Took most profit from previous order Re-entry based on another Bullish Bat on previous demand zone Looking to take profit @ 1.757 Level Second take profit @ 1.76 Level

mq12b Updated 

Aussie has been on a choppy downtrend for the past couple of months Looks like it reached some weekly support @ 0.733 level Anticipating a break up from the current triangle to make a new LH Similar to the triangle in April Confluence w/ previous structure and the 61.8 fib level from previous push down If it does break the 0.733 level next target @ 0.717...

mq12b

GBPAUD has been on a steady uptrend Bullish Bat on previous demand zone Anticipating a retest of previous resistance and supply zone Possibly even making a HH @ 1.768 level Ride the trend

mq12b

EURUSD has been on a steady downtrend for the last year However since the beginning of this year it has been pushing up possibly making a new lower high If we get a break under that 1.086 level from previous structure on the daily time frame I am looking for short positions NO RETEST, NO ENTRY Additionally, Divergence on the Daily time frame at play Waiting...

mq12b

Price rejected the 61.8 fib level multiple times after first push down Confluence w/ Daily Resistance Anticipating for the gap to be filled Down to the next level of support TP: 1.0768 SL: 1.0905

mq12b

Just broke out of a Daily Trendline Bounced off the 38.2 fib level from the D leg of my previous analysis of a bearish cypher Waiting to see how this Daily candle prints If Feds decided for a rate hike on March 14th 2016: Expect a push up all the way to 118 maybe 118.5 Retest of previous structure w/ a possible break through of another daily trendline

mq12b

Cleaned up my previous post on Yen Bearish Cypher Double top after 3rd push up on a trendline w/ Divergence Anticipating: 2 more bearish pushes Consolidation around 113 level before Rate hike news on March 14th If Feds raise rates: Switching to a Bullish outlook

mq12b

Been waiting for this drop for weeks Bearish Cypher pattern Rejected from a Daily supply zone With Divergence Anticipating to retrace before dropping to the B point of the Cypher pattern which confluences with the 38.2 fib level Looking for entries on the 1H chart to confirm another bearish push Potential drop to 0.72 level if the Fed raises rates March 14th

mq12b

Potential Bearish cypher set up after another profitable cypher Waiting for 3rd push up into daily supply zone Looking for break into zone and test 4H trendline Possible reversal @ 114.5 Wait for bearish conformation

mq12b Updated 

Bearish Bat Pattern setup. Currently at 88.6 from XA Leg. Broke into daily supply zone (blue). Currently testing the 4H supply zone. Possible consolidation in the daily supply zone. Waiting for bearish conformation before entering. Looking to enter around 1.335 Taking profits at 1.321