Forex_League_Analysis

Forex_League_Analysis

Price is currently between value areas. We are waiting for a break in either direction towards are points of control. Trade Scenario 1: Bullish - For us to go long we want to see price break above 149.100. We will then wait for a retrace and for price to find support at 149.100. We will enter on strong bullish setups, targeting previous highs around 150.00...

Forex_League_Analysis

Price is currently in a strong downtrend, but we are at a high value area so we expect a little consolidation here. Trade Scenario 1: Bullish - For us to go long we want to see price break above 1.2490. We will then wait for a quick retrace and for 1.2490 to act as support. Enter on strong bullish setups, first targeting the edge of value around 1.2530. Trade...

Forex_League_Analysis

Price is currently at our edge of value and we are looking for price to react to this level. Trade Scenario 1: Bullish - We are looking to enter long on strong bullish setups off our edge of value at 1.4140. First targeting previous highs around 1.4190. Trade Scenario 2: Bearish - For us to go short we need to see price break below 1.4140. We will then wait...

Forex_League_Analysis

We had a strong push to the upside during the asian session last night. We are waiting for a slight correction before entering a position. Trade Scenario 1: Bullish - For us to go long we want to see price retrace back to our structure zone of 1.2220. We will then wait for price to consolidate and find support. Enter on strong bullish setups off 1.2220, first...

Forex_League_Analysis

Price is approaching our edge of value around 150.200. We will wait to see how price reacts to that level before looking to enter. Trade Scenario 1: Bearish - For us to go short we want to see price reject off our edge of value around 150.200. We will enter on strong bearish setups at this level, first targeting 149.500. Trade Scenario 2: Bullish - For us to...

Forex_League_Analysis

Price is in a strong bullish trend but is coming up on a key weekly level where we are anticipating some rejection/consolidation. Trade Scenario 1: Bearish - For us to go short we want to see a strong rejection off our key weekly at 129.00. We can enter on the first bearish setup or wait for some consolidation and a double top to form before going short. First...

Forex_League_Analysis

We have a nice doublet bottom at our structure zone of 105.800. We are looking to continue the bullish trend into our next key weekly level. Trade Scenario 1: Bullish - For us to go long we are looking for a quick break and retest of 105.975. We will look to enter on strong bullish setups at this level, first targeting the next key weekly at 106.170 Trade...

Forex_League_Analysis

Price is starting to fall out of our value zone and we are looking to continue to the downward trend. Trade Scenario 1: Bearish - For us to go short we want to see price retrace and reject off 1.2570. We will then look to enter short on strong bearish setups, first targeting 1.2530. Trade Scenario 2: Bullish - For us to go long we want to see price break back...

Forex_League_Analysis

Price continues to consolidate around our structure zone, we are waiting for a break in either direction. Trade Scenario 1: Bullish - For us to go long we need to see price break above 1.2175. We will then wait for a retrace and for 1.2175 to flip as support. Enter on strong bullish setups around this level. Trade Scenario 2: Bearish - For us to go short we...

Forex_League_Analysis

Price is currently at the bottom of our edge of value after being rejected off the top side of value in last nights Asain session. Trade Scenario 1: Bullish - For us to go long we want to see price find support around 1.4130. We will then look to enter long on strong bullish setups off this level, first targeting 1.4190. Trade Scenario 2: Bearish - For us to...

Forex_League_Analysis

Price has retraced back to our key weekly level of 105.370 after a strong rejection during the NY session today. Trade Scenario 1: Bullish - For us to go long we need to see price break above our key weekly with conviction. We will then wait for a retrace and for our weekly level to act as support. We will enter long on strong bullish setups at or above 105.370,...

Forex_League_Analysis

Trade Scenario 1: Bullish - Price is starting to break above our structure zone of 128.00. We want to see price find support at our above 128.00. We will look to enter long on bullish setups off this zone, first targeting 128.300 Trade Scenario 2: Bearish - For us to go short we need to see price fall below our structure zone. We will then wait for a clear LH...

Forex_League_Analysis

Price is still in a strong bullish trend but is coming up on our edge of value at 148.900. Trade Scenario 1: Bullish - For us to go long we either need to see price retrace back to our structure zone of 148.300 or we need to see price break above 148.900. We will then wait for a retrace and for 148.900 to act as support. Trade Scenario 2: Bearish - For us to...

Forex_League_Analysis

Price is currently consolidating at our key weekly level and strong demand zone. Trade Scenario 1: Bullish - For us to go long we want to see price break above our weekly level and 1.2630. We will then wait for a retrace and for 1.2630 to act as support. We will enter on strong bullish setups off this level, first targeting 1.2660. Trade Scenario 2: Bearish -...

Forex_League_Analysis

After a strong push to the upside in yesterdays session price is currently rejecting off our key supply zone. Trade Scenario 1: Bearish - For us to go short we want to see price reject off our supply zone of 1.2160 once again. We will look to enter short on strong bearish setups off this zone. First targeting our key weekly at 1.2120 Trade Scenario 2: Bullish...

Forex_League_Analysis

Price is currently consolidating in a box pattern and we are looking for a break and retest in either direction. Trade Scenario 1: Bullish - For us to go long we want to see price break above 1.4090. We will then wait for a quick retest and enter on bullish setups off 1.4090. First target will be 1.4130. Trade Scenario 2: Bearish - For us to go short we want...

Forex_League_Analysis

Trade Scenario 1: Bullish - For us to go long we want to see price find support at our structure zone of 147.700. We will look to enter long on strong bullish setups off this zone, first targeting previous highs around 148.200. Trade Scenario 2: Bearish - For us to go short we want to see price break below our structure zone of 147.700. We will then wait for a...

Forex_League_Analysis

Price has broken above our key weekly and is starting to consolidate above it. Trade Scenario 1: Bullish - For us to go long we want to see price retrace back to our key weekly level at 83.00. We can aggressively enter long on bullish setups off the weekly, or we can wait for price to break our descending trendline and retest 83.150. We will be targeting...