moxiewatts

moxiewatts

A theory.

moxiewatts

I have covered the unfilled orders in the past that EU has not retraced to. On the monthly time frame, we have seen a contraction followed by a impulse/retracement. Following that, June started the monthly trend. We are hitting a point of monthly resistance, however, we could see an explosive breakout due to a number of reasons: 1. Coronavirus cases are still up....

moxiewatts

We have seen a bearish market for months, and a clear trading channel has been formed. We are on the upper side of the trading channel. If the market rejects the upper side of this channel, then it will be time to buy ***USD and sell USD***. If the market breaks structure, There could be a larger correction. My personal opinion is aggressive downward movement...

moxiewatts

Weekly, Daily, and 4H all agree on an uptrend. With unfilled orders on the upside, I have set up multiple trades for your fancy. Happy trading.

moxiewatts

My bias is still toward the upside due to the dollar weakening as a result of the stimulus. We saw months of sideways movements from June to September and an impulse toward the upside. There are many unfilled order blocks that are waiting, and can be used for ideal targets for buys and ideal entries for sells. Happy trading :)

moxiewatts

Ideal for targets & entries

moxiewatts

We saw a strong move to the upside and a week of consolidation. Price broke above average and then below average, creating the 'whipsaw' effect aiming toward the downside without creating a higher high.

moxiewatts

It has done a similar pattern. We need confirmation of a breakout from the four hour consolidation (sideways movement). There is no confirmed direction so it is on standby for now.

moxiewatts

Terrible risk to reward. It's a patience game.

moxiewatts

It made a higher high and now it is time to retrace toward the downside.

moxiewatts

On the monthly and the weekly GJ is respecting the trend. When we zoom into the four hour timeframe it dipped below average, indicatiiveof a boy according to the Master Pattern. I have set up three trades according to your comfortability.

moxiewatts

JS

moxiewatts

day trade style

moxiewatts

a day trade if you will

moxiewatts

The elected leaders has been talking about a recession & recovery shapes because the storm has yet to come.

moxiewatts

BIAS TOWARD DOWNSIDE

moxiewatts

TRADE THE PATTERN

moxiewatts

First off, the Forex Master Patter is incomplete. There is no indication of a reversal and there is no indication of an uptrend. It won't magically do what you want it to. It has not broken down to the Daily average, let alone broken below it. No one believed me a week ago when I said it would break down, and it has. Don't believe me? Go and look. Expand high,...