Keenk123

Keenk123

I AM LOOKING AT A POTENTIAL BULLISH FLAG PENNANT PLAY. PRICE HAS SPIKED UP FROM DEMAND/SUPPORT AND IS NOW RANGING MAKING PROGRESSIVE LOWER HIGHS BUT MAINTAINING SUPPORT AROUND 50% FIB 44.00. BREAK OF THIS FORMATION WE COULD SEE POTENTIAL TARGETS AT RANGE EXTENSION 57-58 CONFLUENT PREVIOUS STRUCTURE, 1.618% EXT WEEKLY SUPPLY

Keenk123

WEEKLY BEARISH CANLE. DAILY CLOSE RETESTED 23.6% FIB DAILY STRUCTURE RESISTANCE WITH A PIN BAR/DOJI. AB=CD POTENTIAL PLAY; PRICE COULD POTENTIALLY REACH LOWS OF APRIL NON FRESH DEMAND @ MONTHLY SUPPORT 180 AND 1.272 EXT

Keenk123

RECENT BREAK OF BEARISH FLAG WITH BEARISH ENGULFING CANDLE FORMATION SHOWING STRONG SELLING PRESSURE. POSSIBLE COMPLETION OF AB=CD/ 1.141 EXT AND FLAG EXT AROUND 14700 WHICH LINES UP WITH WEEKLY DEMAND ZONE. A BREAK RETEST OF MONTHLY SUPPORT 16270 AREA WITH CONFIRMING BEARISH PRICE ACTION WILL WARRANT A SHORT

Keenk123

PRICE HAS CURRENTLY BROKEN OUT OF A RANGE. IF WE GET A NICE PULLBACK/RETEST OF RANGE AND FIB LEVEL WITH NICE BEARISH PA. COULD HAVE POTENTIAL SHORT TRADE BEING MINDFUL OF MONTHLY SUPPORT AROUND 5960 AND PREVIOUS SWING LOW AROUND 5870

Keenk123

I AM EYEING A POTENTIAL SHORT ON GJ. MY CONFLUENCES PRICE HAS BEEN RESPECTING (LONGER UPPER WICKS) RESISTANCE ZONE 187-188 WHICH IS ALSO A RETEST BACK INTO STRUCTURE (LOOK LEFT) PRICE PUT IN AN EVENING STAR FORMATION POTENTIAL AB=CD/FLAG PATTERN SEQUENCE POTENTIAL TL BREAK

Keenk123

IF WE GET A BREAK TO THE UPSIDE ON OIL WE COULD SEE PRICE EVENTUALLY REACH $58 WHICH IS THE EXTENDED RANGE TARGET OF THE BULLISH PENNANT WHICH IS CONFLUENT WITH STRUCTURE

Keenk123

GJ HAS BROKEN 4HR TRENDLINE. I WILL BE LOOKING FOR A RETEST AND IF WE GET BEARISH EVIDENCE I WILL LOOK FOR A SHORT TRADE

Keenk123

PRICE HAS BEEN TAKING OUT SMALLER TIMEFRAME DEMAND LEVELS AND PRICE ACTION STILL LOOKS BULLISH APPROACHING DAILY SUPPLY 0.7110. I WILL BE LOOKING FOR BEARISH EVIDENCE TO TAKE A SHORT COULD POSSIBLE SEE A DROP BACK DOWN TO DAILY DEMAND 0.6950.

Keenk123

PURELY TECHNICALLY BASED I THINK WE HAVE TWO OPTIONS HERE DEPENDING ON WHAT PRICE ACTION SHOWS US. I BELIEVE IF WE BREAK SUPPLY AT 1.5450-1.55 WE CAN SEE A RALLY UP TO THE 1.5650 MARK. IF WE FAIL TO BREAK SUPPLY I BELIEVE AND START TAKING OUT DEMAND WE COULD POTENTIALLY SEE A BREAK OF ASCENDING TL AND COULD FALL BACK DOWN TO DAILY DEMAND AT 1.52. NEED TO WAIT FOR...

Keenk123

BREAK AND RETEST OF ASCENDING TRENDLINE IF TODAY CLOSES BEARISH. THERE COULD BE POTENTIAL SHORT SETUPS. ABIT MINDFUL OF THE POTENTIAL RISK TO REWARD AS WE WOULD NEED TO BREAK OUT OF THE RANGE THAT HAS BEEN TESTED MUTIPLE TIMES

Keenk123

MY CASE FOR SHORT TRADE: DXY WEAKNESS. AB=CB COMPLETION POTENTIAL. LOWER HIGH MADE BREAK OF KEY STRUCTURE 1.2360 DROP FROM DAILY SUPPLY

Keenk123

MY IDEOLOGY FOR WHY I WOULD AND WHEN I WOULD TAKE A LONG ON EUR/USD WHAT I WANT TO SEE: PRICE BREAK AND CLOSE ABOVE STRUCTURE KEY LEVEL 1.14550 PRICE MAKES A HIGHER HIGH INTO DAILY SUPPLY PRICE RETESTS STRUCTURE KEY LEVEL 1.14550 WITH BULLISH PRICE ACTION TO CONFIRM WE HAVE MOMENTUM BEHIND THE PRICE SUPPORTING CONFLUENCES US DOLLAR INDEX (DXY) IS SHOWING...

Keenk123

MY CASE FOR DOLLAR WEAKNESS PRICE IS AT A KEY HISTORICAL LEVEL OF SUPPORT AROUND THE $95 AREA. PRICE IS MAKING LOWER HIGHS THE LAST TWO DAILY CLOSES ARE INDICATING SELLING PRESSURE (LONG UPPER WICKS) CLEAR BREAK AND RETEST WITH BEARISH PA TO CONFIRM WEAKNESS IN DOLLAR