jasonowl

jasonowl

NZD is going anywhere just yet. Hitting price structure level. The SELL is still in play, anticipating one more retest to at least touch structure line.

jasonowl

Watch for PA to retrace to the Trendline. Which is also 0.382 Fib level on the last move up. Then consider taking BUY back to structure.

jasonowl Updated 

Price hitting some previous structure. Could be a bounce from this level, short term trend is definitely still UP.

jasonowl Updated 

Last bull move, has been effectively negated. But there is still some support at structure levels. Would be looking for a bounce, use lower Timeframes to find a potential trade.

jasonowl

The bounce at structure level did happen. Next is to look out at the 1.1600 supply zone, and take the SELL trade. Wait for the PA to confirm the move.

jasonowl

Critical level. Price should bounce at this level of structure in the short term. I wouldn't enter a sell, until a proper bounce.

jasonowl

Let's see if there is momentum in the USD to push this to test the 112 level. Manage your trade risk. Risking <0.5% on this trade.

jasonowl

UJ looking good to retest 111.50 area. And if more momentum comes into the market, next target is 112. Going long, manage your R:R. Let probability do its work!

jasonowl

USD turned bearish. Entered a short position. Trade active. Target - recent swing low

jasonowl

Would prefer to wait price to come back down near the Channel Trend line. Trading is about probability and patience. Watch price action, for BUY

jasonowl

EU, broke up previous support structure. But still cannot runaway with a more recent structure acting as TOP. Slight upside bias, to structure zone to retest high. Trade small, tighter stop loss. And watch for breakup of recent structure, or failure and a deeper move down away from the longer term structure.

jasonowl

GU pushing into previous structure level. The bias is still short, especially at this level. There needs to be a significant push to break structure level.

jasonowl

Cut out the noise. Potential area for a good R:R on a BUY. Previous structure

jasonowl

Failed to breach structure zone. 0.7550 area. Back to trading under. Sell probability in favour.

jasonowl

Previous structure at this price zone. EMA - dynamic resistance.

jasonowl

Currently on top of my watchlist for a SELL. MA lines crossing. And trading at previous structure zone. Let this play out for a few more days.

jasonowl Updated 

Double bottom. Provides structure low since Mar. Bullish day bar, gives this move some strength. This should test top side 1.300 levels.

jasonowl

Let price test the 0.7650 zone. Always lookout for the false breach. Its got to work a lot to get price above current zone. Clean breach would mean. This becomes new support level. Failure, could mean heading back to 0.7400 levels.