UnknownUnicorn46293974

UnknownUnicorn46293974

looking through the random pairs I've never seen before, and I noticed this one topping out on the HTF. Weekly target/stops, 4H entry

UnknownUnicorn46293974

if you zoon out a timeframe and look at the weekly chart this one could be a long term runner

UnknownUnicorn46293974

first time looking at this pair and it seems we have a trendline forming on the 4H

UnknownUnicorn46293974 Updated 

When the DXY chart opens back up watch it gap down ;) More often than not gaps fill so there will be plays in at least EURUSD and probably all the other basket pairs as well. (EU is more than half of the DXY index) Every day DXY closes for a few hours and every day "the same thing" happens. I have been playing these gaps for so long that I have a pretty good idea...

UnknownUnicorn46293974 Updated 

Watch this retrace as the DXY gap closes and then continue up. Short term / intra-day trade here

UnknownUnicorn46293974 Updated 

could almost call this one a day trade, expecting it to be over relatively quickly

UnknownUnicorn46293974

off the 4H chart usdsek is making a classic head and shoulders pattern to go along with my bearish DXY idea . Watching for the neckline break and bearish continuation

UnknownUnicorn46293974

usdjpy seems to be holding under a resistance zone that price has respected multiple times in the past. Looking for down move with first targets at new lows around 130.

UnknownUnicorn46293974

On the lower time frames, GU had a bullish breakout out of a consolidation zone and is currently working on a retest of that area. Looking for this area to hold as support and a bullish run. EU has a similar-looking chart but the RR is a bit better over here in GU

UnknownUnicorn46293974 Updated 

The 4H chart to the left indicates that the current price of BTCUSD is overextended to the downside by 2 standard deviations and the RSI is also "oversold". Watching for BTCUSD to move higher from here.

UnknownUnicorn46293974

The blue lines on the 4H chart to the left indicate last week's range. The black lines indicate a HTF resistance zone that comes in at 104, a nice round number and psychological level pointed out in last week's DXY Trade Plan. Looking to the 15M chart, I want to see a break of the most recent lows around 103.3 before, ideally, a lower high. A bullish breakout...

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UnknownUnicorn46293974

The largest and fastest moves are more often than not caused by a lack of liquidity rather than an influx of orders. When price "chops" THAT IS LIQUIDITY; That IS a massive amount of buying and selling happening at relatively the same price point for hours or even days at a time. When "buyers take over" or "sellers take over" an inefficiency is created in the...

UnknownUnicorn46293974

Watching for USDCHF to put in a top and move lower from here. Entering before the weekend close is a bit risky however this could be a mover all next week.

UnknownUnicorn46293974 Updated 

The USDCAD 1H chart is one of the cleanest charts I've seen in a long time. This week of trade was in a very defined range and we are currently sitting at the top of the said trading range. Short?

UnknownUnicorn46293974

In my idea posted last Friday I pointed out that 104 and 106 were HTF resistance and would expect to see a top at one of those price levels, well, it looks like 104 might be that top. Last week we caught USDCAD and USDSEK on the way up, GBPUSD on the way down, and now it may be time to rework the charts and focus on EU, GU, UJ, and UC. All this week DXY...

UnknownUnicorn46293974 Updated 

As DXY tops out at 1H resistance I am looking for GU to put in a bottom and start heading up. Risking to new lows and targeting new highs

UnknownUnicorn46293974 Updated 

UJ opened up 100+ pips higher than it closed last Friday!! Gapped right into my sell limits! Taking UJ lower from here.

UnknownUnicorn46293974 Updated 

LTF market structure plus a getting stopped out on a short makes me think long here