vaughnj

vaughnj

Overall-Sell Short Term-Buy

vaughnj

Still respecting the trend...

vaughnj Updated 

Rationale - Currently uptrend in 4hr channel

vaughnj Updated 

EUR/USD Long Rationale - Bounce off of daily channel Break of 23% fib retracement Low Daily RSI

vaughnj

Rationale 1. RSI is placed very under sold 2. Price could not break previous structure of 112.60 3. Double pin bar rejection 4. In line with the daily trend

vaughnj

Usd/Jpy waiting for market open and confirmations before committing to the market. 1. Market could break previous structure high of 113.40 and look for a test of 114.50 2. Market could not break previous structure high of 113.40 and look for a test of 111.50 3. 10 period RSI signals price is currently overbought 4. Price could make a double top 5. 13 period EMA...

vaughnj Updated 

Usd/Jpy Neutral Rationale 1. Period of consolidation is coming 2. Neutral RSI hinting for a range bounce 3. Wait for confirmation of a short/long

vaughnj

Rationale 1. Price action above .236 level 2. Price action above EMA 3. Ascending channel

vaughnj

Waiting for confirmations to see how the market plays out. Rationale 1. Price breaks/holds 23.6 level looking for a test of 113.00 2. Price breaks below 23.6 looking for a test of 111.00

vaughnj

Rationale 1. Broken ascending channel on the 4hr TF 2. Pin Bar rejection on broken ascending channel 3. Price action crossover on EMA 4. Looking for a break under .23% fib for confirmation Warnings 1. Possible consolidation before continuation or uptrend 2. looking for a break under .23% fib 3. If price breaks descending channel upwards could be a correction...

vaughnj

Reaching trend and price resistance price levels.

vaughnj

Price action seems to have found strong resistance at the 113.00 level with EMA crossovers signaling a downtrend, and price action respecting 15 min and 30 min trend levels.

vaughnj

Bounce off of retest, but wait for confirmations.

vaughnj

consolidation then uptrend.

vaughnj

Wait to see how the market reacts off of the daily trend, and a possible double top

vaughnj

wait to see how the market reacts to the 0.618 level.

vaughnj

Retest then back to Bearish

vaughnj

I believe Usd/Jpy will face some consolidation before respecting it's trend support.