z3dd77

z3dd77

3 Higher lows connected via trendline and 2 significant lower highs connected via trendline as well. A counter trend line has been broken which may lead to GA rallying up for a good while... Should the trendline be broken to the downside then we can look forward to very decent short positions.

z3dd77 Updated 

FX:EURUSD Market structure broke quite a while back, which is now forming LLs and LHs. On the H4 I have drawn a small little Fib which captures what looks like a retracement... hoping to ride this all the way down and later on to look for more opportunities. However, if this does break the above the drawn Fib, we can expect a retest on that D level (1.21610)...

z3dd77 Updated 

Important levels marked from W all the way down to H1, consolidation on the H1 is boxed and waiting for a potential breakout. Fib drawn on H4 with the target at the 61,8% level in mind, we can expect it to test that area (or worst case scenario 78,6%) and ride it all the way up. First analysis being shared, any ideas or suggestions are welcome. If price however...