Forex_League_Analysis

Forex_League_Analysis

Price has rebounded off our demand zone during the NY session today. We are now looking for price to hit resistance around our key weekly level at 141.100. We will wait for a clear LH and strong bearish setups to form before looking short.

Forex_League_Analysis

Price is still in a strong downtrend but is at our demand zone and supporting trend line. For us to go long we want to see price break out of the descending channel and above .7680. We will then wait for a retrace and a clear HL to form. Enter on strong bullish setups.

Forex_League_Analysis

Price is at our key structure zone, previous support, and key monthly level. Trade Scenario 1: Bullish - For us to go long we want to see price bounce off our structure zone with strong bullish pressure. We will look to enter on a clear double bottom, bullish setups, or engulfings. Trade Scenario 2: Bearish - For us to go short we need to see price break below...

Forex_League_Analysis

Price is at our key supply zone but also falls on the neckline of the inverted H&S that we can see on the 4h timeframe. Trade Scenario 1: Bearish - For us to go short we want to see price fall below .8905. We will then wait for a retest of this zone and for .8905 to flip as resistance. Enter on strong bearish setups. Trade Scenario 2: Bullish - For us to go...

Forex_League_Analysis

Trade Scenario 1: Bearish - For us to go short we want to see price push past our structure zone of .7730. We will then wait for a retrace and for .7730 to flip as resistance. Enter on strong bearish setups Trade Scenario 2: Bullish - For us to go long we want to see price rebound off our zone and back above the 30min 200MA. We will then wait for a quick retest...

Forex_League_Analysis

Price is at our key structure zone and 30min 200MA. Trade Scenario 1: Bearish - For us to go short we want to see price push past our 200MA and structure zone of 1.3610. We will then wait for a retest and for 1.3610 to flip as resistance. Enter on strong bearish setups. Trade Scenario 2: Bullish -For us to go long we want to see price start to rebound off the...

Forex_League_Analysis

Price is currently respecting our 30min 200MA and we are looking for it to continue to respect as resistance. We are waiting for strong bearish setups to enter short. First targeting our key structure zone of 1.2670

Forex_League_Analysis

Price has respected our supply zone of 80.850 but is in a strong bullish trend. We are waiting for price to retrace back to our key weekly level at 80.650. We will then look for strong bullish setups to enter long.

Forex_League_Analysis

Price is currently consolidating in an ascending triangle. Trade Scenario 1: Bullish - For us to go long we need to see price break above 142.250. We will then wait for a retrace and for 142.250 to flip as support. Enter on strong bullish setups at this zone. Trade Scenario 2: Bearish - For us to go short we need to see price break our supporting trendline and...

Forex_League_Analysis

Price has rejected off the key weekly level at 104.200 once again. We are now looking for price to reject off our other key weekly level at 103.860. Enter on strong bearish setups. First targeting previous lows at 103.550.

Forex_League_Analysis

Price is close to our key weekly level and we are looking for a strong reaction off of it. Trade Scenario 1: Bullish - For us to go long we need to see price break above our weekly level at 1.3666. We will then wait for a retest and enter on strong bullish setups off the weekly level. Trade Scenario 2: Bearish - For us to go short we would like to see strong...

Forex_League_Analysis

Price has broken out of our descending channel and has made a clear HL. We are coming up on our key supply zone so we are going to wait for price to retrace before going long. We would like to see price retrace back to round .8890 and form a clear HL in that zone. Enter on further bullish setups.

Forex_League_Analysis

Price is in a strong downtrend but is within our support zone. Trade Scenario 1: Bearish - For us to go short and continue the trend we want to see price break below our structure zone of 1.2670 with conviction. We will then wait for a retest and for 1.2670 to flip as resistance. Enter on strong bearish setups Trade Scenario 2: Bullish - For us to go long we...

Forex_League_Analysis

Price has been in a strong downtrend for the week but we are within our demand zone and key weekly level and price is starting to find support. Trade Scenario 1: Bullish - For us to go long we need a break of structure and price to push above 126.600 with conviction. We will then look for a retrace and for 126.600 to flip as support. Trade Scenario 2: Bearish...

Forex_League_Analysis

Price is in a strong bullish trend breaking above our key weekly level at 141.400. We are waiting for further retrace back to the 141.400 zone. This will also line up with the 30min 200MA as support. Enter on strong bullish setups at this level.

Forex_League_Analysis

Price has been in a consolidation pattern forming around the 30min 200MA for the past few days. We are currently waiting for a breakout of this pattern. Trade Scenario 1: Bullish - For us to go long we want to see price break above 80.600. We will then wait for a retrace and for our current structure zone above 80.550 to flip as support. Enter on strong bullish...

Forex_League_Analysis

Price is at our key structure zone and 30min 200MA. Trade Scenario 1: Bullish - For us to go long we need to see price find support at our structure zone and 200MA at .7740. Enter on strong bullish setups. We are close to the top of our channel and strong resistance so we will need to first target our key weekly at .7764 Trade Scenario 2: Bearish - For us to go...

Forex_League_Analysis

Price has broken above our key structure zone of .88750 and thee 30min 200MA. We are waiting for a retrace back to .88750 and price to find support. Enter on strong bullish setups, first targeting the next structure zone of .8900