Hey guys! Our short cycle last week gave a great opportunity for some profits to have been made. Although we have yet to reach the 3xadr mark we are seeing reversal behavior in the EU. We are favoring the long. Daily: Trending down H1: EMAs have crossed technically locking the peak low., multiday W It's safe to trade both ways. Trade and manage all trades...
Hey guys! Hope you all had a great trading day. Daily: Today we had a close showing early signs of an official downtrend. H4: No Harmonics H1: Today we saw a level 1 push and the 50 and the 13 EMA have crossing to officially lock the peak. London session gave a sweet opportunity to enter short with a clear rejection of the midway point of the Asian accumulation...
Hey guys! Right now we are seeing the market makers push price back up toward the peak. Although the daily is trending long be cautious of holding long trades. New traders should stay out and wait for the MM to lock in the multi-day peak. Trading back toward the peak is not advised. Know that trapping and shifting could come from a rejection near the zone flip. ...
Happy New Year!! I hope you all had a wonderful and safe holiday! Let us get right to it! Today price closed about pips from where it opened locking the peak short. We also have the EMAs crossing short on the H1 along with stacked 3s in level 3. This is a good indication price is ready to reverse. The daily gave us a nice close and is showing clear trapped volume...
Hey guys! That drop was sweet. Congrats if you caught it. Since we now have a break of the low the MMM short cycle will have started. At this point, it's best to wait until Monday or Tues to wait for an entry. Remember to always use the DXY to gauge the direction of EURUSD. Happy Trading *Please use proper risk management when entering a trade. The information...
Hey guys! So far we are seeing the long cycle play out as projected. We are looking for on more level of rise however price is currently struggling to break yesterdays high. If you are in this trade please manage accordingly. Happy trading!
Hey guys. I hope everyone had a great holiday. I'm on the run but I wanted to drop a super quick analysis on EU. Right now EU is currently showing L3 behavior with signs of reversing. We have a nameable peak low and potential AFP long playing out at the moment into L2. Remember to trade in line with the DXY. Deeper analysis coming soon. *Please use proper risk...
Hey guys! I hope everyone is having a great weekend! We have a beautiful cycle playing out as expected. The bullish harmonic on the H4 is still in play. Just like I said before, L2 is where we see the most resets. With that being said, it's very possible price may retest the low before heading up. Since we are in L2 it is okay to trade both ways but always be...
Hey guys. We finally got some action long. It is possible the come back to the low one more time. But I do see a small H&S pat which is a solid peak. Our H4 bullish harmonic is in play. We will be looking for longs only. No more shorts until we reach L2. Be ready for a possible move near the zone flip. Happy trading! *Please use proper risk management when...
Hey guys! We still do not have any official confirmation telling us EU is ready to reverse long. The daily is trending short. However, we do see stacked 3s in L3. This is a good indication that price may be exhausting and getting ready to reverse. We also have a bullish harmonic on the H4 since right near a "00" price point. The DXY appears as though it's also...
Hey Guys! Right now we see a macro M in L2. Seeing an M/W in L2 is very typical. Keep watch to see if price breaks daily open and continue to keep dropping If you are in this trade, manage accordingly. *Please use proper risk management when entering a trade. The information provided is not to be taken as a trade signal*
Hey guys! I hope everyone's week is off to a great start! From the way this week has started, it appears as EU had created a macro M and starting a cycle to the downside. We are sitting a zone flip on the daily so there is a possibility there may be some opportunities for short term buys. We do have a bullish harmonic on the H4 and the H1 showing L2 short. Because...
Hey guys!! I hope everyone's week is off to a great start so far. Our EU short cycle is still in play however we do see a possibility for a reset in L2. Be ready to trade both ways during London. There will be a lot of news during NY tomorrow. If you choose to hold trades through the news make sure they are managed. It's my suggestion that no one trades during the...