Marenno
Long

AUDUSD LONG ENTRY LEVELS, EURO SESSION ONLY

FX:AUDUSD   Australian Dollar/U.S. Dollar
12.5% bullish , considering multi timeframe price action factors


Estimated price fluctuation at time of report (+1Hr) 0.21%
Volume Put/Call ratio 3.57 Oversold
OI Put/Call ratio 1.08
Average Put/Call Ratio 2.32 Oversold







Next webirar (London time): 29/08/16 10:00 youtube.com/c/marenno

How to use levels - 1. Wait till the level is reached, 2. Reversal pattern, 3. Confirmation , 4. Entry, 5. Target (intraday) is a last level on the direction mentioned with arrows.
1&2 period patterns:


1D Bearish Pattern
1W Bearish Pattern


Knowing the patterns of a higher time frame is very important. Sometimes they can conflict one to another, but it gives us the information of the possible correctional moves, or a start of a new direction, so basically, every time when conflict exists, you must examine a chart whether it is a correctional pattern appearence or a new direction, shall you close the existing trade or open the new one, does it give you a new oportunity or shall you wait, and also rememver, that when the monthly pattern appeared, it means that it is valid till the current month is closed, as by the price action rules, the pattern is clear only at the close of the candle or a bar.

We also have to review the range of the closed period comparing to the previous set of periods, hours, weeks, months, etc... Here, I'm showing you a range compared to 6 and 3 previous periods, NR means Narrow range, WR means wide range, the number displays a total periods reviewed, if the NR is displayed, high possibility of the range expansion, in WR case it can be opposite. at the moment here's the situation:
1H NR4; 4H NR4; 1D WR4; 1D WR7; 1W NR4; 1W NR7; 1H NR7; 1M NR4; 1M NR7;
Learning material:
How to count option levels: http://marenno.com/index.php/counting-option-levels/

















Also I have decided to share a Levels, that take time to count, and you can use them as a bounce levels in a direction you trade:
Option level R4 0.75964
Option level R3 0.75814
Option level R2 0.75644
Option level R1 0.75534
Option level S1 0.75404
Option level S2 0.75304
Option level S3 0.75134
Option level S4 0.74904

Session (current session only) levels:
r3 0.75830
r2 0.75724
r1 0.75618
p 0.75433
s1 0.75327
s2 0.75142
s3 0.75036

I really hope that sharing of my routine with you, will help you in your trading.

Also I really hope that in respect to my hard work, you will take time to use the data I share, you will put the levels on a chart, and will apply it to your trading.

Sincerely
Arturs Jermolickis
arthur@marenno.com
skype: marenno.business
A short - government required disclaimer:
I’m not providing any advice, and I do not guarantee any profit. What you see here is only a share of my view of the market.
youtube channel:
youtube.com/c/marenno

Using:
http://marenno.com/index.php/how-to-use-volume-and-open-interest-option-levels/

Counting:
http://marenno.com/index.php/counting-option-levels/

Banned: https://www.facebook.com/marennoacademy/
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