Forex_League_Analysis

Forex_League_Analysis

Price has broken above our previous resistance zone of 127.200. We are now waiting for a retrace back to 127.200 and for price to find support creating a clear HL. Enter on strong bullish setups at or above 127.200.

Forex_League_Analysis

Price is currently consolidating around the 1hour 200MA. Trade Scenario 1: Bullish - For us to look long we need to see price break above our key structure zone of 1.3620. We will then wait for a retrace and for 1.3620 to flip as support. Enter on strong bullish setups. Trade Scenario 2: Bearish - For us to look short we want to see price push to the downside...

Forex_League_Analysis

Price has formed a double top and is not at our key structure level at .7735 and the 30min 200MA. Trade Scenario 1: Bearish - For us to look short we need to see further push to the downside below the 30min 200MA. We will the wait for a retrace and for .7730 to flip as resistance. Enter on strong bearish setups. Trade Scenario 2: Bullish - For us to look long...

Forex_League_Analysis

Price has broken out of our downward channel and is starting to gain some upward momentum. We are looking for a healthy retrace back to our key structure level around .8820. Price could also find support at our weekly level at .8830 but would set up a more aggressive trade. Wait for the corrective pattern to form and for further bullish setups/variations to form...

Forex_League_Analysis

Price has rejected off our key weekly level at 103.370 and respecting the 1h 200MA. We are currently at a key structure zone and have two scenarios at play. Trade Scenario 1: Bearish - For us to go short we want to see price break through our structure zone of 103.00. We will then wait for a retrace and for 103.00 to flip as resistance. Enter on strong bearish...

Forex_League_Analysis

Price is currently at our supply zone. For us to go long we can wait for two scenarios. First, we can wait for a retrace back to the .382 fib level and key structure zone of 126.800. We will then look for bullish setups there. Second, we can wait for price to break out above our supply zone of 127.200. We will then wait for a retrace and for 127.200 to flip as...

Forex_League_Analysis

Price is currently at our key structure point and the 200MA on the 30min timeframe. We are looking for price to push to the upside past 140.500. We will then wait for price to retrace back to our structure zone and for 140.500 zone to flip as support. Enter on bullish setups.

Forex_League_Analysis

We are looking for a clear LH to form anywhere between our key structure zone of 1.2700 and below the 200MA and .618 fib level of 1.2720. Enter on strong bearish setups/engulfing at these levels. First targeting previous low for TP.

Forex_League_Analysis

Price is reacting to our key weekly level at 1.3666 and pushing to the downside. For us to go short we want to see price continue to the downside breaking past our key structure zone of 1.3600. We will then wait for a retest and for 1.3600 to flip as resistance. Enter on strong bearish setups/engulfing.

Forex_League_Analysis

We are looking to continue with the strong bullish trend. For us to go long we want to see price retrace back to our key structure zone at .7770. We will then look for strong bullish setups/engulfing to enter on.

Forex_League_Analysis

Price is moving sideways between our key structure zones. Trade Scenario 1: Bullish - For us to go long we need to see price push to our key weekly level at 139.500. We will then look to enter on strong bullish setups/engulfing. Trade Scenario 2: Bearish - For us to go short we want to see price retrace back to the 30min 200MA around 140.300. We will then...

Forex_League_Analysis

Price is very close to our current demand zone. Trade Scenario 1: Bullish - For us to go long we want to see price form support at our demand zone around 126.050. We will wait for a strong bullish engulfing/variation to enter long. Trade Scenario 2: Bearish - For us to go short we need to see price push to the downside with conviction. We will then wait for a...

Forex_League_Analysis

For us to go long we want to see price find support around 139.80. We will then look for strong bullish momentum to break and retest 140.00. We will enter on bullish engulfing/variation.

Forex_League_Analysis

Price has broken out of our corrective structure and is testing our supply zone. We are waiting for a retrace to our key structure zone around 79.50. We will enter long on strong bullish setups/variations at or around this level.

Forex_League_Analysis

We are still in a strong bullish trend and are looking to continue with bullish momentum within the ascending channel we have drawn. We are looking for a slight pullback to the supporting trend line around 126.950. Enter on strong bullish engulfing/variations.

Forex_League_Analysis

Price is getting close to our support level and key weekly level at 103.370. For us to go long we want to see a strong bullish engulfing off the weekly level, or we can wait for a more conservative entry and wait for the break and retest of the resistance trend line and 1hour 200MA.

Forex_League_Analysis

Price is still in a strong bullish trend. If we are to look long we need to see a pullback to the 30min 200MA and key structure zone around .7580. Enter on strong bullish setups.

Forex_League_Analysis

Our key monthly level is starting to act as resistance around 1.3520. We can look to enter short on strong bearish engulfing through the 200MA on the 30min timeframe or wait for a quick pullback and new LH to form below the 200MA.