forextrader_13

forextrader_13

from my analysis i shared yesterday i had mentioned that price could go either way we just had to wait and react to what the market is doing.... Now that we had price break above structure my purple zone looking left its an area of structure we can expect price to pullback and retest as new found support to go higher

forextrader_13

price is finally trading back below our structure i had previously mentioned broke and retestred on the lower TF... Now we can expect price to push lower for 40-60 pips

forextrader_13

dollar had broke an area of structure looking left retested as new found resistance and could possibly head to the downside.. IF so we could see UCAD to push lower and pairs like EU GU AU to push higher so keep on the lookout

forextrader_13

i have updated my idea on EJ now remember the market will do anything it wants to do it is our job to be patient and react to what price is doing so my earlier analysis was bearish but i forgot to mention that if price doesnt close bearish and breaks above our area of structure we could see a retest to create a HL in order for price to push higher into our other...

forextrader_13

GJ has been bearish as well for the past week as you can see price was making LH and LL Price had a shift in structure as we can see how it shifted from a bearish market to a bullish market like i have it shown with the blue path tool once price broke out of the descending TL and failed to break below the daily purple structure zone which is a strong key level...

forextrader_13

EJ has been bearish on the higher TF we can obviously see price making LH and LL Now price did break an area of structure last week on the 8th and now price is currently retesting that area as new found resistance.. i would like to see price trade just a little bit higher into our zone and close with a body instead of a wick for a better entry and confirmation...

forextrader_13

overall price has been bullish as we can see price has been making HH and HL Price did break a minor area of structure and eventually retested as support earlier today created another HL... If price can manage to stay above our new area of support i would like for price to maybe create a double bottom and touch the TL again to set up for another push to the upside

forextrader_13

GU has been respecting my structure zones pretty well very simple and clean to see... Price has broke a weekly resistance level earlier this morning of the 1.28138 region and could possibly retest as new found resistance to go lower.. If price does respect the 1.28138 specific price we can possibly see price head towards our next weekly structure zone of around...

forextrader_13

we can see that price did a false breakout and left a wick on the H4 non the less trading back under resistance... if price can manage to trade lower 1.35085 and does not break that minor area of structure we could possibly see price break under structure around 1.34955 which is looking left the minor support structure i would like to see a retest as new found...

forextrader_13

GJ has been bearish for a while we can see price had broke a strong structure key level zone on the H4 Price finally broke out of that area of structure and is currently retesting as resistance... a failure to break our structure of 188.408 with a bearish close we could possibly see price head towards 187.460 for a little over 90 pips

forextrader_13

very simple approach to this trade.... price had broke an area of structure looking left and retested last week... earlier today price had a false breakout in which it went up over structure but failed to break and close bullish and went back down under structure again... we can possibly see price retest minor structure as resistance to head to the downside or...

forextrader_13

GU has been super bullish for weeks so overall trend is bullish but........... Price is currently sitting right on weekly structure and has not broke it With price breaking an area of structure which was another strong weekly key level of resistance we could possibly see price head towards that structure and retest it as support to continue higher

forextrader_13

we can see price currently respecting a strong key level area of structure price did create a HH breaking structure as well along the way we could possibly see price head down towards to retest the structure it broke as support to go higher and or if it breaks we can expect price to go lower

forextrader_13

price well respected daily structure and created a double bottom meaning rejection meaning bulls are now in play Once price creates a HL on the smaller TF we can possibly see a bigger push to the upside The JPYX seems to be trading bearish which will allow pairs such as UJ and GJ to push higher

forextrader_13

price is currently respecting daily structure zone and its trading bullish failed to break the lows... once we get a HL created on the lower TF we can then see a bigger push to the upside

forextrader_13 Updated 

yen pairs have been bearish all this week with the strength of the yen Price has been pushing down thus breaking minor area of structures Price is currently heading towards a level of support of around 188.375 and i would like to see price respect that area tp then head towards 189.258 to retest the structure it broke as new found resistance creating a LH

forextrader_13

the dollar has broken a daily area of structure that aligns with the H4 price is currently heading towards another area of structure i would like for price to respect that support to then head towards the structure it broke and retest it as a new found resistance...

forextrader_13

very simple price action price is breaking an area of structure i would like a minor pullback or 2nd touch of that new found resistance to go lower