Forex_League_Analysis

Forex_League_Analysis

Price is currently near our key structure zone and testing the 30min 200MA as support. Trade Scenario 1: Bullish - For us to go long we want to see price form clear support around 1.3690. We will then look to enter on strong bullish setups off this zone. First targeting previous highs around 1.3740 Trade Scenario 2: Bearish - For us to go short we need to see...

Forex_League_Analysis

Price is finding support on the 30min 200MA but still has a lot to prove to go bullish on the higher timeframes. Trade Scenario 1: Bearish - We can see a small H&S pattern forming on the 30min. For us to go short we need to see price fall below the weekly level of 1.2735 forming the right shoulder. We will then wait for a quick retest of the weekly and enter on...

Forex_League_Analysis

Price is at our key structure zone of 103.600 and is forming a falling wedge pattern on the 4h timeframe. Trade Scenario 1: Bearish - For us to go short we want to see price break below our structure zone of 103.600. We will then wait for a retrace and for 103.600 to flip as resistance. Enter on strong bearish setups. Trade Scenario 2: Bullish - For us to go...

Forex_League_Analysis

Price has broken above our resistance line and key structure zone of 80.250. Trade Scenario 1: Bullish - For us to go long we are looking for either a double bottom off 80.250 or a quick break and retest of 80.350. Enter on strong bullish setups, first targeting our key weekly at 80.650 Trade Scenario 2: Bearish - For us to go short we want to see price break...

Forex_League_Analysis

Price has broken above our key supply zone of 142.200 during the NY session today. Trade Scenario 1: Bullish - For us to go long we want to see price retrace back to our key zone of 142.200 and flip as support. We will look to enter on strong bullish setups at or above 142.200. Trade Scenario 2: Bearish - For us to go short we need to see price push back below...

Forex_League_Analysis

Trade Scenario 1: Bearish - For us to go short we need to see strong rejection off our 30min 200MA and key structure zone of .7740. We will look to enter on bearish engulfings or other strong bearish setups. Trade Scenario 2: Bullish - For us to go long we need to see price brake above our key structure zone of .7740. We will then wait for a retrace and for...

Forex_League_Analysis

Price has found strong support off our key structure zone of 1.3620 but is now at our next key zone that has proven strong resistance. We want to see a bit of a pullback and a clear HL to form around our structure zone and above the key weekly at 1.3666. Enter on strong bullish setups at our around the weekly level.

Forex_League_Analysis

Price has attempted to break out of our descending channel but is finding strong resistance back into our zone. Trade Scenario 1: Bearish - For us to go short we want to see price break below our key structure zone of 1.2700. We will then wait for a retest and for 1.2700 and the 30min 200MA to act as resistance. Enter on strong bearish setups. Trade Scenario 2:...

Forex_League_Analysis

Price is in a strong down trend and we are looking to continue the bearish direction. For us to go short we would like to see price retrace back to our structure zone and the top of the descending channel around 81.550. We will then look to enter short on strong bearish setups at this zone. For us to go long we want to first see price break above our key weekly...

Forex_League_Analysis

Price is in between our two key weekly levels and could range here for a bit of time. We will wait for a break out in either direction before entering a position. Trade Scenario 1: Bullish - For us to go long we need to see price break above our key weekly level at 126.230. We will then wait for a retrace and for price to find support at our weekly zone. Enter...

Forex_League_Analysis

Price is currently consolidating in an ascending triangle pattern but has yet to break through our supply zone. Trade Scenario 1: Bullish - For us to go long we need to see price break through our supply zone of 142.200 with conviction. We will then wait for a retrace and for 142.200 zone to flip as support. Enter on strong bullish setups. Trade Scenario 2:...

Forex_League_Analysis

Price is rejecting off our key structure zone and 30min 200MA. Trade Scenario 1: Bearish - For us to go short we would like to see price continue to the downside below .7710. We will then wait for a retest and for .7710 to flip as resistance. Enter on strong bearish setups. Trade Scenario 2: Bullish - For us to go long we want to see price break above our key...

Forex_League_Analysis

Price is starting to find support at our key weekly and the 30min 200MA. Trade Scenario 1: Bullish - For us to go long we need to see price break above our structure zone of 1.3690. We will then wait for a quick retest and for 1.3690 to act as support. Enter on strong bullish setups. Trade Scenario 2: Bearish - For us to go short we need to see price break...

Forex_League_Analysis

Price has respected our key weekly level 1.27350 as resistance on the first test and is at our resistance trendline. Trade Scenario 1: Bearish - For us to go short we want to see price test the key weekly and our resistance trend line again. This will form a nice double top around 1.27350. Enter on strong bearish setups/rejections off the weekly zone. Trade...

Forex_League_Analysis

Price has broken down past our key structure zone and 30min 200MA. We are now waiting for a retrace and for our structure zone of .7730 to flip as resistance. Enter on strong bearish setups.

Forex_League_Analysis

Price attempted to break above our supply zone of 1.3700 but ultimately failed. Trade Scenario 1: Bearish - For us to go short we need to see price break below our key weekly level and the 30min 200MA. We will then wait for a retrace and strong rejection off the weekly around 1.3660. Enter on strong bearish setups. Trade Scenario 2: Bullish - For us to go long...

Forex_League_Analysis

Price is at our key structure zone of 1.2700 Trade Scenario 1: Bearish - For us to go short we need to see a strong rejection off our structure zone and price to fall back below the 30min 200MA. We will then wait for a retrace and for a new LH to form. Enter on strong bearish setups. Trade Scenario 2: Bullish - For us to go long we need to see price break...

Forex_League_Analysis

Price is at our key structure zone of 103.600. Trade Scenario 1: Bullish - For us to go long we need to see price break above 103.600. We will then wait for a retest and for 103.600 to flip as support. Enter on strong bullish setups. Trade Scenario 2: Bearish - For us to go short we need to see price break below our key weekly level at 103.370. We will then...