ALERT FOR SHORT ZONE . RISK AND REWARD FIRST . THANKS RRFXGROUP
ALERT FOR SWING ZONE . RISK AND REWARD FIRST . THANKS RRFXGROUP
This is the same setup as last week which is already in profit, but I am looking for more chances to get short. We are testing price structure support from last week right now, a break of that will give us another chance to add to our sell, or re-enter. I still have multiple levels I've drawn out where I plan to take partial profit at, and I will leave some of the...
EUR/AUD is down testing important price structure support and we have a good possible swing trade on our hands. For those that like to pay more attention to price structure patterns, this does resemble a larger sized head and shoulder pattern. We do have the future kumo twist started to bearish, a bearish TK cross, and chikou span is just shy of breaking through...
Another play on possible USD weakness with the FED rate cut being certain. We are near the edge of the kumo and major price structure resistance for this time frame. We already have a bearish kumo twist, chikou span is below price, and we're in a bullish TK cross so confirmations are looking pretty good right now. If we can break and hold below our trigger line we...
The combination of good economic data and uncertainty with the EU lead to some boosted US strength last week. I am looking for a drawback to hope on a possible bearish trend continuation. As an alternative entry I will set a sell stop below the previous candles wick to trigger a short, should we break down below price structure support. If their of those scenarios...
This pair fell before finding some price structure support right below the kumo. I am watching for a break of that price structure support in order to enter a short. I've drawn out some partial profit levels to aim for along the way as well as a longer term target, should a bearish trend develop and hold. If we fail to break price structure support, then this...
We got an overall rise last week but are having a hard time getting passed some price structure resistance. While signs are shifting to bullish, I want to see that level broken to qualify an entry. This will probably be a good candidate for a buy stop so we don't have to sit and watch it. As an alternative we can also look at entering a buy at a confirmed kumo...
This pair has been on a really good bearish run, having already been rejected at tenken sen. I am looking for another drawback and rejection to enter a sell, or as an alternative we can enter a sell at a break of previous price structure on the left side of this analysis. I'm aiming for previous price structure lows but as always, I'll keep some of the position...
The kiwi has been fighting back across the board but especially against the aussie recently. We are at an important price structure level that if we break, should help the bearish trend continue. I think this will be a good candidate for a sell stop for entry, but as an alternative we could wait for a drawback and rejection at tenken sen to enter a sell. I've...
The kiwi rose most of last week, before having a failed kumo breakout attempt. We had a drawback and price held at tenken sen so I am now looking for an opportunity to get long. I've placed an entry near the close of the recent price structure rejection. If we can break that, we should have a good chance of a bullish trend being established and running. I've drawn...