jefferson_the_chartist

jefferson_the_chartist

The market structure on AUD/USD shifted bearish last week as it created successive lower lows ah lower highs, from the 4H timeframe, we see price headed towards an area of supply. PLAN 1. Wait for retest of Friday's lower high with candlestick confirmation to short into supply

jefferson_the_chartist

The pound has been bullish against the dollar since mid January this year. As bullish pressure persists, we observe price as a previous resistance turned support, with current price action we can look to buy into weekly resistance level.

jefferson_the_chartist

We were anticipating a breakout of range last week which we finally saw to the upside. The range lasted over a week and the breakout to the upside was a significant signal of bullish strength in price. We are clear on the fact that we are still in a bullish trend and the current correction in price is likely to prepare us for a bull run with no less than 200 pips...

jefferson_the_chartist

The dollar for two weeks now has shown signs of weakness against the Japanese Yen, we saw some bullish momentum in price today to test last week's level of support now turned resistance. With the current bearish order flow, we are likely to see price respect resistance and continue bearish into weekly demand area.

jefferson_the_chartist

Uj has been bearish since March with bulls dominating the market for the past week and considering persisting bullish momentum, I will be looking long with my stop loss below Monday's low as I target the 147.972 daily resistance level. The overall trend is bearish, hence the need to remain conservative with our long positions till major structural levels are...

jefferson_the_chartist

We have seen a bullish reversal on Gu for the most part of this month and as the month approaches a climax we price is currently trading at daily resistance. With current price action on the hourly timeframe, we are likely to see a a short term reversal before a potential bullish continuation.

jefferson_the_chartist

The continuous bullish momentum this week looks good for the Euro as it approaches daily level of supply. We can sail with the trend wave as we target our daily supply area with good reward to risk.

jefferson_the_chartist

The Euro so far this week has shown signs of weakness against the dollar and considering the break of 4H structure, we might as well consider going short as we target the nearest support level in sight.

jefferson_the_chartist

We have seen price take out liquidity so far this week and our long anticipated bullish reversal is about to play out. Use proper risk management and let price do its thing.

jefferson_the_chartist

The dollar index has been bearish for a couple of weeks now and considering the current price reaction from Daily support level and positive news release for the dollar, we are most likely going to see the dollar strengthen for a while.

jefferson_the_chartist

We have seen the New Zealand dollar weaken against the USD so far this week as it reacted to 4H Supply zone, with current bearish momentum, there is a very high probability price will trade into the 4H Supply area.

jefferson_the_chartist

US30 is in a bullish reversal considering current market structure. I'll be using a limit order to buy at a lower price with good R:R.

jefferson_the_chartist

Price is resisting daily resistance as the bears come into the market an we are likely to see a short term sell off.

jefferson_the_chartist

We've seen a bullish trend on NZD/USD from last week into this week and looking at price action currently at resistance, we are likely to see short term bears in the market.

jefferson_the_chartist

We are likely to see USD/JPY recover bullish this week considering signs of bullish strength, we are still in an overall downtrend from the weekly perspective and for this reason we will have to be very risk cautious, that being said, we're in for a good risk to reward.

jefferson_the_chartist

EUR/CAD has been bullish for a couple of weeks now, and price is currently trading at weekly resistance which is likely to become a level of supply. There seems to be a bullish decline from the 4h timeframe but considering the strength of the bullish trend, we will need sufficient confluence to go short. 1. Wait for 4h break of support 2. Wait for liquidity grab...

jefferson_the_chartist

AUD/CHF has been on a downtrend for the past couple of weeks, price is currently sitting at 4H support with a W pattern reversal signal, price may continue further bearish considering the bearish momentum but for now we will be looking long temporarily till price gives us otherwise signal.

jefferson_the_chartist

This week began with the pound dollar breaking above daily resistance, currently seeing price at 1H support with bullish momentum in the market signifying a potential upward continuation to break 1H resistance.