racyrace

racyrace Updated 

AUDCHF 12/24/2024 Bears are currently in control as seen from the LH (0-2) . If structure 2 is maintained (not broken to the upside) and respects the support to the left i.e support becomes resistance, then Option 1 stands. However, if structure 2 is broken, we look for a reversal at point 1 for the Option 2 to hold. However, if structure 1 is broken (price...

racyrace

GBPJPY 12/24/2024 Bulls are currently in control as seen from the LH (0-2). Bulls still in control after the retracement following the long move from 1 to 2. If structure 3 (support becomes resistance) is broken to the downside, this trade is nulled. However, strong bullish presence is shown with the large bullish rejection candle. Remember, the market is...

racyrace

Point 2 was retracement from 1. Market is creating a structure at 3 and if this point is not broken to the downside, then I look to buy. For educational purposes only. Let me know your thoughts.

racyrace

Market is creating downward structures and seen 1-3. At point 3, the market is creating a new structure with support for becoming resistant. If structure 3 is not broken to the upward side, I look forward to keeping this pair short. Let me know your thoughts. For educational purposes only. Let me know your thoughts.

racyrace

View of NZDJPY Market has currently created a new structure and 2 with resistance becoming support. With this structure formed, I see that the bears are in control and so the market will keep selling. REMEMBER, patience and trusting the process is key. For educational purposes only.

racyrace

6J1 is currently having it first rest from 0 to 1 with resistance becomes support. I see the bulls active in the days ahead. Let me know your thoughts.

racyrace Updated 

With market making HL as seen from 1-2 and with market finding support at structure 2- resistance becomes support if you move to the left, I see price moving further. What are your thoughts?

racyrace

I see that this chart doesn't need much explanation.

racyrace

I see it's time to start shorting. Wait for close of daily candle.

racyrace

Market making LH and HH as seen through 1-4. Market currently at a support (resting) at 4. The market might range here for a few days before continuing it bullish. Trading is risky so this is not a financial advice but educational material. Let me know your thoughts. Thank you.

racyrace

The market is making HL with last level resistance turn support. I see bearish activity provided the market doesn't violet level 4. Let me know your thoughts on this market. Thank you.

racyrace

Market is currently making HL. If structure 4 is not broken to 3, then consider bearishing the market. Let me know your thoughts. Thank you.

racyrace Updated 

I trade what I see. I see the market has stretch it limits. The market is currently making LH and LL as seen from 1-3. There's a strong resistance at point 3 and moving to the left is support i.e support becomes resistance. With that said, I'm looking to short the market. Let me know your thoughts.

racyrace

Market is making LH from 1-4 and with a resistance turning support at 4 thereby forming a new structure. If this structure is not broken to the downward side, I see the market moving bullish. If this trade is taken, it becomes void once the breaks through 4 to level 3. Trading carry risk and this is NOT an financial advice. Always invest or trade what you are...

racyrace

Market has been making a series of LH and HH as seen through 1-4. The market is current at resistance turn support and I'm looking for buying opportunities. If this market breaks through level 4 to 3, this trade is voided or it's a lost trade. Just a financial advice. Please trade responsibly and apply proper risk management. What are you thoughts? Thank you.

racyrace

With my stepdown analysis, I see this asset going bearish in the days ahead. Let me know your thoughts.

racyrace

Structures 1-4 maintained,with market making HH and HL. I see big move bull move. Enter trade accordingly. However, every trade is risky and this is not a finacial advise. Let me know your thoughts. Thank you.

racyrace

With a strong resistance at level 4, coupled with the HL and LW as from 1-4, the bears are ready to push the market downward. What are you thoughts?