TheTtrill

TheTtrill

THIS WILL BE A HARD TRADE TILL IT TAKES A TREND I WOULD PREFER SEEING THIS PAIR GOING UP BUT THERE IS A HIGH PROBABILITY FOR THIS PAIR TO GO DOWN SO I WILL BE WAITING FOR THE STRUCTURE IN SMALLER TIMEFRAMES. IN CASE IT GOES DAWN IT WOULD JUST BE A PULLBACK BUT IF IT BREAKS THE LOWER AREAS AND GETS TO 1.63 IT WILL BE AN AREA TO PAY CLOSE ATTENTION

TheTtrill

What i see here is the price getting to a strong are where i expect to buy depending on how strong is the rejection otherwise i woulg go selling but paying close attention to it the reason is that we have been on a strong daily tren whch it seems to still respect

TheTtrill

THIS PAIR ALTHOUGH IT HAS A STRONG DOWN TREND IT HAS GOTTEN TO VERY STRONG SUPPORT WHICH CUOLD MEAN A SIGNIFICANT PULLBACK THATS WAHY I THINK THAT THE PATTERNS IT CREATES TOMORROW WILL BE VERY SIGNIFICANT TO MAYBE HAVE A BULLISH WEEK GOING FOR AROUND 200 PIPS. BUT IT SHOULDNT BE SURPRISING IF THE PRICE JUST BREAKS THE CURRENT AREA

TheTtrill

WHAT I FOUND ON THIS PAIR IS STRONG CONFLUENCE OF DOWN TRENDS WHICH MAKES ME EXPECT FOR MONDAY A PULL BACK THAH ALLOWS US TO JOIN THE TREND FOR THE WHOLE WEEK TILL THE NEXT AREAS

TheTtrill Updated 

WE FIND A STRONG AREA OF CONFLUENCE ON THE WEEKLY LEVELS AND TRENDS AS IT RESPECTED I HONESTLY DONT NEED MUCH CONFIRMATIONS IN THIS CASE IN A MORE CONSERVATIVE TRADE I WOULD WAIT THE RETEST OF THE NEXT DAILY LEVEL THAT IS AROUND 50 PIPS UP

TheTtrill

even if i have drown the red area where the market is getting considering the EMA of 200 periods being above the price and working as a resistance i would get into the short postion now without waiting for a retest

TheTtrill

Do not complicate it we just have a respected monthy level plus 61.8 daily fibb level plus a flag doing a perfect confluence wiht the daily tp and weekly trendlines

TheTtrill

I highly recomed to pay attention to NZD this week i guess most people knows it will have a lot of moves which depending on how you look at is very cause it could be moving 100 pips or more in one candle or a few hours, of course yo must be well prepared and have a main proyection and as i call it a plan b a secondary proyection, in this particular pair i dont...

TheTtrill

It honestly will kepp me paying close attention since it is correlated to us30 and there is a good pissibility is goes up, although i am looking mostly for sells lets just wait to see what happens

TheTtrill

As i said about GBPNZD, GBPUSD is in a important price reversal area however we are late on the movement what we can do now is to wait till it breaks and retest the next area or gous down in case it changes the expected movement

TheTtrill

It just looks like i lost my entry point here now i can just expect a pullback and go in again

TheTtrill

Seems we have a little channel that the price has been respecting so if it retest the next daily level we can go bullish till the weekly trend line but oin the other side now the price is breking a monthly trendline so it means that the little buys we will have can be the retest for a huge bearish trend lets see how the price reacts in the next days

TheTtrill

as i see it it has a strong bullish trend however as traders we must always be prepared for a reversal i would take a buy now but rather to wait .00750 to get a better entry in case it goes down i see a nice entry point at .099050

TheTtrill

what i see for gold is good trend down, yesterday we had good buys on gold almost 200 pips, and it almost touched my entry point for sells again, now i will wait till it retest the 1277.30 area for a good and more clean entry to sell i see 3 possible tp and areas to look for more entrys till it hopefully gets to the lowest level 1230-1232.00. I honestly wouldnt...

TheTtrill

WHAT I WOULD EXPECT HERE IS A RETEST IN THE LOWEST ARE AS IT IS TRENDING NOW HOWEVER IN CASE IT GOES BACK TO THE PREVIOUS LEVEL I WOULD LIKE TO SEE IT RETESTING THE AREA AND GOING DOWN AGAIN

TheTtrill

So what we have here is a really importanpoint not to go in but to wait a price reaction, we have multiple areas of counfluence in the weekly and daily timeframes and channels as well. i am expecting a big movement here mostly to the upside but considering the 4h movement it could also break bellow in case of that i woul go bearish

TheTtrill

RE-TESTING a strong weekly resistance

TheTtrill

what i see here is a rreally good chance to start selling btc if it breaks the previous support