Forex_League_Analysis

Forex_League_Analysis

Price had a strong push to the upside during the NY session today but is at key resistance area. We are looking for further rejection off our resistance trendline and for price to fall out of the ascending channel. We will then wait for a retrace and a clear LH around 144.200.

Forex_League_Analysis

Price is consolidating around out key structure zone of 80.200 and falls on the neckline of the inverted H&S on the 4h timeframe Trade Scenario 1: Bullish - For us to go long we need to see price continue to the upside. We will then wait for a retrace and for price to find support at 80.300. Enter on strong bullish setups. Trade Scenario 2: Bearish - For us to...

Forex_League_Analysis

Price is in a strong bullish trend but is a bit over extended and at a key point of structure on the daily timeframe. Trade Scenario 1: Bullish - For us to go long we want to see price retrace back to our key weekly level of .9000. We will wait for price to consolidate and find support, then look to enter off strong bullish setups. Trade Scenario 2: Bearish -...

Forex_League_Analysis

Price is still respecting our 30 min 200MA as resistance and we are looking for further downside. Trade Scenario 1: Bearish - For us to go short we want to see further rejection off the 30min 200MA. We will look to enter on strong bearish setups around .7630. First targeting previous lows of .7580 Trade Scenario 2: Bullish - For us to go long we need to see...

Forex_League_Analysis

Price has been consolidating around our key weekly level and is starting to break to the upside. Trade Scenario 1: Bullish - For us to go long we want to see price retrace back to our key weekly level of 1.2800. We will then look for price to find support off our weekly and enter on strong bullish setups. Trade Scenario 2: Bearish - For us to go short we need...

Forex_League_Analysis

Trade Scenario 1: Bearish - Price is at our key structure zone of 80.200. We are looking for price to reject and consolidate around this zone. We will look to enter on strong bearish setups or momentum out of this zone. Trade Scenario 2: Bullish - For us to go long we need to see price break above our key zone of 80.200 with conviction. We will then wait for a...

Forex_League_Analysis

Trade Scenario 1: Bearish - For us to go short we will wait for price to retrace back to our structure zone of 126.600. We will then look for price to reject off that area. Look to enter on strong bearish setups. Trade Scenario 2: Bullish - For us to go long we would like to see price push past our key structure zone of 126.600. We will then wait for a retrace...

Forex_League_Analysis

Price is still consolidating within a descending triangle pattern above our key weekly level. Trade Scenario 1: Bullish - For us to go long we need to see price break out of our consolidation pattern and above the 30min 200MA. We will then wait for a retrace and for price to find support around 143.500. Enter on strong bullish setups. Trade Scenario 2: Bearish...

Forex_League_Analysis

Price had another strong rejection off our supply zone and is back below our 30min 200MA. Trade Scenario 1: Bearish - For us to go short we need to see price reject off our 200MA and key weekly level of 1.2800. We will look to enter on strong bearish setups off this zone. Trade Scenario 2: Bullish - For us to go long we need to see price break above our weekly...

Forex_League_Analysis

Price is still in a strong downtrend but we are close to our demand zone of 1.3610. Trade Scenario 1: Bearish - For us to go short we need to wait for another clear LH. Our strongest zone will be a retrace back to 1.3660. We will then look for strong bearish setups off this zone to go short. Trade Scenario 2: Bullish - For us to go long we need to see price...

Forex_League_Analysis

Price is still in a strong uptrend but we are testing our key weekly and psychological level at .9000. We might see some volatility around this zone Trade Scenario 1: Bullish - For us to go long we need to see price break above .9000 with conviction. We will then wait for aa retrace and for .9000 to act as support. Enter on strong bullish setups off the weekly....

Forex_League_Analysis

Trade Scenario 1: Bearish - Price is currently at our key supply zone of 82.200. For us to go short we are looking for further rejection at this zone. Wait for further consolidation, double tops, and other bearish formations to form. Enter short on strong bearish momentum off the supply zone. Trade Scenario 2: Bullish - For us to go long we need to see price...

Forex_League_Analysis

Price is in a strong downward channel but is finding support at our key weekly level. Trade Scenario 1: Bullish - For us to go long we need to see price break above our structure zone of 126.600. We will then wait for a retrace and for price to find support around 126.600. Enter on strong bullish setups. Trade Scenario 2: Bearish - For us to go short we need...

Forex_League_Analysis

Price is consolidating in a descending triangle and is currently respecting our weekly as support. Trade Scenario 1: Bullish - For us to go long we need to see price break out of our descending channel and above 143.600. We will then wait for price to retrace and find support at 143.600. Enter on strong bullish setups, first targeting previous highs around...

Forex_League_Analysis

Price is in a strong downtrend overall but we are at our key support zone. We are waiting for price to consolidate around our support zone before looking long. We will then look for strong bullish setups, first targeting the .7640 handle.

Forex_League_Analysis

Price has respected our key weekly level of 1.2865 as resistance once again. Currently we are consolidating around our other key weekly of 1.2800 Trade Scenario 1: Bullish - For us to go long we need to see price find support at our key weekly level of 1.2800, forming a nice double bottom. Enter on strong bullish setups off the weekly. Trade Scenario 2: Bearish...

Forex_League_Analysis

Price is currently consolidating around our key weekly level at 1.3666 after another strong rejection off our supply zone of 1.3740. Trade Scenario 1: Bullish - For us to go long we need to see a strong rebound off our weekly level of 1.3666. We can enter aggressively on a bullish engulfing off the weekly or we can wait for a break and retest of 1.3700. First...

Forex_League_Analysis

Trade Scenario 1: Bearish - Price is currently testing our structure zone of 80.200. For us to go short we need to see price break below the 30min 200MA. We will then wait for a quick retrace and for 80.00 to flip as resistance. Enter on strong bearish setups. Trade Scenario 2: Bullish - For us to go long we need to see price break above 80.200 with conviction....