eabernathy589

eabernathy589

AUDUSD is currently nearing a LARGE Quarter Point while simultaneously in a Daily Resistance Zone. While this could mean a possible reversal, I see it as an area of retracement before possibly breaking the resistance zone, QP, and continuing to go long. Patience is key, see my idea on DXY

eabernathy589

Waiting for the retest of marked resistance and a confirmation candle pattern to take the opportunity long. See my idea on DXY

eabernathy589

Sweet and simple here, see my idea on DXY. Looking to contiuning going long after a pull back

eabernathy589

Though most do not trade the DXY directly, there is a 90% negative correlation of DXY and the following: AUDUSD, GBPUSD, EURUSD. A 90% positive correlation with USDCHF, USDJPY... The trend has completed the requirements for the trend reversal to be considered official. NEWS and other Fundementals could shift these ideas. We are looking for a confirmation or...

eabernathy589

Prospective outlook in accordance with Chart addicts. Swing over a couple of days

eabernathy589

small short retracement before going long, then overall transitioning to a swing short

eabernathy589

What could happen over the next couple of weeks

eabernathy589

Dotted Lines showing what can happen for projection points

eabernathy589

LOOKING FOR DAILY CANDLE CLOSE, THEN CONTINUE TO SELL

eabernathy589

As some people may share Short or Long, here is why it's necessary to see both and the entire picture explained. Looking for higher TF candle confirmation at areas of confluence.

eabernathy589

It's now time to look into a downtrending market and catch some sells. QP is broken, channel and both trendlines are broken. Possible long opportunity for a retest of broken levels, however I believe it will be selling

eabernathy589

The bias from previous post may change, however patience is the key for this trade. As a lower high was formed we need to see Daily resistence broken, and wait for the retest for entry. It may reverse at resistence with bullish engulfing confirmation and continue to respect the uptrend.

eabernathy589

looking for buys this week. Swing action

eabernathy589

Look for bullish engulfing candles and variations on the 30m, 1h, 2h, and 4h this week. Simple

eabernathy589

The overall bias is still bullish on higher time frames. Patiently waitng for the break and retest of the triangle as higher lows are being formed with highs reaching a level of resistance.

eabernathy589

From a quick look at market structure, Previous Major QP was broken, so overall bias is BULLISH. Expect Price to rise then enter on the entry.

eabernathy589

Watching for the break of structure at the trendline, then waiting for the retest and push down.

eabernathy589

Waiting for break of structure on the Daily resistence to complete the double top, patiently waiting for the retest of the neckline if it breaks. Then targeting the QP Large. Looking at over 100 pips in this trade. If it breaks, Fibonnaci will be used to catch a retracement that may present confluence to enter at the neckline. Place entry and be read for a stop...