MatthewLundgren

MatthewLundgren

Timeframe: 4H ABCD pattern on this pair, with sell order set in the willis zone of the bearish fib which lines up with a BRC of a support level. This zone also correlates with a supply zone on the 4H chart. SL placed above the 78.6 fib level, and TP set above the -0.27 fib level and for good RR.

MatthewLundgren

Timeframe: 4H BRC of a bullish TL, this retest correlates with the willis zone on a bearish fib. Also has a BRC of the 200 MA, although this didn't factor into the analysis and setup. SL placed above the 78.6 fib level and above a broken support that should act as resistance. TP placed for good RR. This pair is bearish on higher timeframes, which could...

MatthewLundgren

Timeframe: 4H BRC of a support turned resistance. This level has been tested multiple times before though on the last break, so the selling pressure at the level may be weak now. SL placed above recent highs and above a descending TL. TP placed for good RR.

MatthewLundgren

Timeframe: 1H BRC of a support turned resistance. Saw close to an initial retest of this level go up to a little over the 61.8 bearish fib level, but didn't quite reach the level. TP set for good RR. SL set above one of the recent highs to avoid getting taken out by the banks. This was a possible location for retail stops.

MatthewLundgren

BRC of a long term resistance level that now should act as support. This retest also lined up with a bullish fib. SL placed below the 78.6 fib level, and TP placed below the -0.27 fib extension level and to ensure good RR.

MatthewLundgren

Break of a resistance zone on the 4H chart, going LONG on the retest of the resistance turned support zone. SL placed 10 pips under lows before the break, and TP placed for good RR.

MatthewLundgren

Pair broke through a resistance zone, now longing in on the retest of this resistance zone that should turn into a support level. This retest also correlates with a bullish fib. SL placed below the 78.6 fib level, and take profit is placed below the -0.27 level.

MatthewLundgren

Broke down through a level of support, now shorting it on the retest of this broken support, along with a broken long term bullish TL. Retest of the support level lines up with a bearish fib. Take profit set just above the -0.27 fib level, and stop loss set above the 78.6 fib level.

MatthewLundgren

BRC of a resistance zone from a previous high, which lines up with a bullish fib. Broke through a long term bearish TL on a higher timeframe which gives this pair a bullish bias right now. Looking to see the pair go up to near the -0.27 fib extension level, stop loss placed below the 78.6 fib level.

MatthewLundgren

Longer term analysis of AUDUSD on the daily chart. Recently rejected off a bearish TL and is now moving lower. Should see it move down lower to find support at the bullish TL.

MatthewLundgren

Short term bearish bias view on this pair. Recently broke through a high, should see it pullback down to retest this high as support and then continue higher. This new support level also correlates with a bullish fib level.

MatthewLundgren

Bearish bias on this pair. Hitting up against a strong resistance zone right now, as well as retesting a broken bullish TL. Should see this pair move downward this week.

MatthewLundgren

Broke through a resistance level, and now seeing some consolidation. Looking to see it pullback down now to retest the broken zone as a support level, which lines up with a bullish fib, and will have the support of a 50 MA, and then looking to see the pair go higher.

MatthewLundgren

AJ forming a H/S pattern on 1H chart and visible on 4H chart as well. Forming after an uptrend, so could mean a reversal at this point. Should see it breakdown, then pullback to retest broken neckline, then continue downwards.

MatthewLundgren

USDJPY at a long term bearish TL. Should see rejection from this point, and bearish movement in the future. Has been making lower highs on the daily chart.

MatthewLundgren

Pair appears to be retesting a long term broken bullish TL, which indicates a bearish bias for the pair, as well as it approaching a resistance level. Pair is showing rejection of this zone, so I'm bearish on this pair right now. Had a very strong move upwards in the passed couple of days, so a pullback is expected.

MatthewLundgren

This pair has been on a strong bullish run for a while. Currently showing rejection at a long term resistance level, looking for this pair to pullback to a broken resistance now support level. Bearish on this pair currently, and then looking to long it once it gets back to the broken resistance (BRC).

MatthewLundgren

Broke through a bullish TL some time ago, so overall this pair looks bearish. However, should see a pullback at this point after the long run downwards, pullback to a support turned resistance which roughly lines up with a 61.8 bearish fib zone. Looking to catch this pair on the pullback up, then go short possibly next week if it reaches the pullback zone.