BlackGirlTrades

BlackGirlTrades

Currently in GU longs -price respecting 1hr channel -created a new minor High -betting on LTL being used as support

BlackGirlTrades

-price inside channel -looking for a more definite direction -will wait to see if price is heading lower or higher

BlackGirlTrades

-trading above prev Months High -broken above UTL -respecting it as support -looking for a HH to be created to take longs either at blue or purple zone -potential for price to tank but will need to see some ranging first

BlackGirlTrades

-broke below bullish TL -ranging upwards but its tight (high volatility) -looking for push closer to LTL even if we dont get it I need to see a LL created then we can short -shorts at purple or blue zones

BlackGirlTrades

-able to break bullish TL -just recently broke the LTL of the bearish TL -looking for push lower from the purple zones

BlackGirlTrades

-far from TL -looking for shorts at retest of LTL

BlackGirlTrades

-price is floating withing the TL -no clear direction -would be interested in shorts at the UTL -weary of longs as if it reaches purple zone ill question strength of bulls

BlackGirlTrades

-broken the UTL -respecting the bullish trendline -looking for longs at purple zone (strong) or at the UTL -beware of the resistance from the bullish trendline -trend here not very messy

BlackGirlTrades

-ranging -look for trades only above or below the purple zone -longs will be at the LTL -shorts at UTL

BlackGirlTrades

-price respecting the trendline (strong area) -most likely will be looking for trendline to continue pushing price lower -only enter if a long if HH is created and will enter shorts if LL is created and we boke below purple zone

BlackGirlTrades

-looking for a push higher at the purple zone or the UTL (upper trendline) -targets will be previous weekly high

BlackGirlTrades

outlook: more longs analysis: short holds below POC or break out and back in resistance must hold 0.89044

BlackGirlTrades

outlook: more longs analysis: short break below POC break below support 1.72056

BlackGirlTrades

outlook: more longs analysis: go short close below POC stoch to confirm

BlackGirlTrades

Outlook: more shorts overall more longs being held analysis: go long close above POC or break in and break out

BlackGirlTrades

Outlook on myfxbook: more shorts analysis: go long close above POC or break in and break out look out for support 116.395

BlackGirlTrades

Outlook on myfxbook: increased # of shorts analysis: close above POC break highest close 1.90593 looking to go long

BlackGirlTrades

-Price broken and closed above trend line -Waiting for retracement back to the 0.382 fib level which is in confluence with previous resistance now support -Price could potentially bounce off that trend line -This analysis will be invalidated if price breaks and closes below the 106.188 area