thillygoosth

thillygoosth

This is THE high

thillygoosth

Look for a small corrective structure to trade out of for safe entry for break even purposes, to trade wave 4 down on higher time frame. As far as how far down, I'm not sure but u would figure it will at least make a c leg to bottom of fork. It is possible that it retraces all the way to high of wave 1 but I doubt that.

thillygoosth

Right now eur usd is poking up in a zone in which the bottom lines up with the golden ratio of 1.618 of wave 1 high. I will be looking for a completion of a wave pattern on lower time frames to confirm. The usd dollar is approaching the 618 on the daily which is where I expect this to turn around. Way over bought on stochastic and divergence coming in on cci and tdi.

thillygoosth

Im still waiting on usd to bounce off that 618. I bet that is where we see the real reversals

thillygoosth Updated 

We got a trendline break. it's a total sell. but I love going against the trend. We got divergence on higher time frames. It either makes a pullback from right here, or goes down to that next green fork line there. Might not be able to expect TP to be too awfully high at this point. I entered with immediate stop which very well may get hit. will put a limit lower down.

thillygoosth

What I would want to see is rejection off trendline into a bullish correction back down through. If I see that I will be on for at the very least a scalp. Like I said on dollar index, would be best if there was some small fake and correction. I could see that happening looking at trendlines and fibs with the US dollar. Obviously dollar has been weakening but it...

thillygoosth

Long soon. I would like to see some sort of corrective structure on a smaller time frame down into that zone and I would feel better about entry point and profit target but this is the spot I will look to go long.

thillygoosth

Could do that

thillygoosth

Looks to be in a big corrective structure and just completed a 5 wave and correcting down. It broke out of fork and went down as I said when I posted it a while back. Could push up 1 more time but it looks to be in a corrective type pattern in fork. When that thing breaks out of bottom of fork should go down for a while

thillygoosth

A lot of bank holidays but we got some us news in the morning. This should be a nice little sell. I personally will wait till morning, but the buy will be the real trade. Just remember it can always push back up higher in zone especially in low volatility so give it room to breathe with your stops. And that supply zone could extend higher. Nice divergence on 4 hr though.

thillygoosth Updated 

I would look for this to break trendline going down, and then if I see some nice divergence I would look to hop on a buy and ride it back up into zone to make higher high. But this depends on what it does. I see a possible opportunity maybe an hour before london open but you would need to understand how to properly read divergence. I like my entries exact

thillygoosth Updated 

I will be looking for nzd to maybe go up a little more, but I see it selling off fairly soon. I would like to see it break out of fork and this current consolidation it has been making, and then sell off back into fork

thillygoosth

I called this trade last thursday night

thillygoosth

US Dollar closed the week up at trendline. It is in a downtrend and should come down to next zone finishing its 5th wave.