we have clear break of structure last weeks candle ended as a bearish pin bar in a supply zone we have major confluence in the market expecting a retest and a huge move downwards
here we can see a break out and a clear uptrend and we can now confirm that its using its previous downtrend as support so we are looking for a great entree
here we see euro use was trending upwards in the daily for a pretty long time then faced a reversal, the s&p 500 had a correction on monthly time frame and now looking for another bullish impulse so the dollar is pretty bullish and it has impacted eur usd.
what I'm expecting from thus pair is a finish to the choppy and a continuation to the downside toon to hit a...
I've been studying this pair for the last week, this pair is clearly trending downward and currently at a clear level in the market for a sell, risk big to make big this pair does need space on the stop loss
so in this trade we can see that this pair was at first up trending and now looking to be reversed, im soon expecting a retest or a range area before a second impulse downward
okay obviously i cant afford to trade this most likely you cant either, but this is just to show you its exhausted, and ready to crash, its already reversing so its just in the matter of time that you will be looking for food stamps and government funding, so prepare yourself for a crash and have a happy market crash!! =)
here we see a perfect set up, like last trade hit my tp. this one is going to be a long trade to buy its already at a 50% fib on the daily impulse. we see more confluence with the 200 ma way above the price its at right now signaling a buy, im definitly buying when the market opens!!!!
most of the analysis is made on the 1d time frame, i would zoom in and look whats happened on the last 2 impulses and show that it much very has respected that support line dis regarding those wicks, looking for a clear entree point in the next day seeing where it heads because it might wick downward and follow up with a bullish impulse!
key levels supported a very quick trade may hit stop loss but creating head and shoulders indicating going down as well as rejecting previouse resistance
we can see that in 4h it created a double top and looking like bearish price action might test that previous resistance and now support line, and a lot of pips to be made!
