mendrinvest

mendrinvest

Looking to sell this pair below last support level if we confirm. We are at a major resistance on the daily and weekly charts at this level.

mendrinvest

This pair has been making lower highs for a bit but the overall trend is very bullish, therefore we are looking to buy around our golden mean area if price stalls and gives us a pattern to trade to the long side.

mendrinvest

If price validates within the "SELL" area then we will enter short looking for new lows. Break even will be applied after 20 pips and stops will be placed above the validating candle. Right now we are flat, looking for a pause and break of lows.

mendrinvest

Long at the double bottom here. Will take profit at the previous .382 and let the rest ride. This is a long term support for this pair and we may see new highs relative to the previous swing high.

mendrinvest

If price drops down to our reversal zone, will be looking for validation around the 618 retracement area and possible long entry with stops under the lows. Lets see how this plays out.

mendrinvest

Shows a previous setup that worked out and hit the first target. Another classic RV (Reversal Zone) setup.

mendrinvest

Here is a potential shorting opportunity on the EURJPY pair. Waiting for price to close below inside bar pattern to confirm entry short.

mendrinvest

Still waiting for an entry signal, however, the pattern looks good for an Aussie long. As of 7/31 no position has been taken!

mendrinvest

Price has run into some pretty good resistance at the 95.00 even level. Should be able to grab 50 pips out of this.

mendrinvest

Idea is to trade this pair short down to 172.50, we have a lot going on at that level. Just waiting for additional confirmation before entering the short.

mendrinvest

1. Resistance becomes support. 2. Same area has a 50% retrace confluence. 3. Same area also includes the 102 even level. R/R for this trade is a little over 2:1.

mendrinvest

Ran some ratio numbers with fibs, this may be a good short at the .786 area.

mendrinvest

Spotted this Cypher while going through the charts today, lets see how it works out.