lawlee9

lawlee9 Updated 

Price caught in a range at the moment indicated by the rectangle. Price touched the bottom of the range twice, and on the second move it created a bullish push creating a higher high from the 2.075 high. It retraced and found support at 2.071, which was also a breakout level. Going long here and aiming for the top of the range at which I will plan on going...

lawlee9 Updated 

Price broke out of a major trendline on the 1H. Looking to go short to 1.40500, and possibly lower.

lawlee9 Updated 

Price broke out of the continuation triangle and found support, but broke out of a major trend line on the 1H. After the RBA interest rate decision, price jumped back in, but stopped on a dime at the 20EMA and at a high on the 5min chart. Expecting prices to go back down below the trendline before the 1H closes and when the 4H closes to confirm the low. ...

lawlee9 Updated 

AUDJPY created a double top at the 86.50 area, and is making its way down. It's currently trapped in a triangle formation, which should hint towards a continuation towards the 84.94 level.

lawlee9 Updated 

On the daily, price has made a sequence of higher highs and higher lows only to create a double top at the highs of Feb at 1.34. Price stalled its down move at the 20ema, and from the past sequence of events, we should see a move higher with a touch off the 20EMA, but with the double top, I think there is more selling pressure here. Going into the 4H chart, the...

lawlee9 Updated 

price is caught in between channels. long term descending trendline holding prices down, while a smaller developing ascending channel is trying to push prices up. Price is touching the bottom of the ascending channel, and showing signs of a small reversal. Looking to go long until it hits a key minor resistance level at 2.125 and watching PA from there. If it...

lawlee9 Updated 

Basic breakout retest play here. Aiming for base of corrective move.

lawlee9 Updated 

On the higher timeframes you can see GU respected the major monthly support line at 1.38. Prior to that you can see high volatility in price as it approached that level. This is similar to my GBPJPY trade where you can see hints of bulls coming into play. So, my play here is to go long and to find a good entry position. Price is hitting a good confluence area...

lawlee9 Updated 

High quality reversal setup. Impulsive move down to create a low, with a pull back, then a lower low, then a pullback to make a higher high, and finally a low higher than the previous low with a pinbar. As you see, price pushed up after the pin bar indicating the setup is valid. Now price is consolidating in the range before making a leg higher towards the 130 handle.

lawlee9

Price had a fake break out of the ascending channel, and jumped back in. Going long from here as it retests the ascending channel with a tight stop and looking to ride this thing all the way up to 1.5

lawlee9

NXPI has been in a descending channel since mid May, and finally confirmed a breakout. I would technically buy on the retest of the trendline, but the long term ascending trendline seems to be holding prices, so I'm looking to buy on a pullback to the 78.28 support level to go long. First target would be 87.69, but if price breaks through then I would be looking...

lawlee9

GBPJPY has been on a long downtrend, with volatility increasing along the way (meaning deeper pullbacks). Price broke through 2 major levels at 174 and 168, before finally pulling back to retest at 174 before making another leg down to 158. Now that it found support here, I'm expecting price to have a deep pullback again into the 168 level. We see an impulsive...