BrianPenrod

BrianPenrod

here are my Fibonacci and volume levels Im looking at trading off of today.

BrianPenrod

Here my levels for the NQ that i am looking to trade off of. good luck and good trades to everyone out there in trading land today!!!

BrianPenrod

here are the levels I'm looking to trade off today. Good luck and good trades to everyone!!!

BrianPenrod

My levels for ES i am looking to trade off of today

BrianPenrod

Heres my Fibonacci levels I am watching/looking to trade off of today

BrianPenrod

Fib Levels I am looking at to trade off of today

BrianPenrod

Here's the levels I am looking at today for the ES.

BrianPenrod

Looking at a possible $30 dollar + move in the Russel 2000. Tech Analysis: Charting an inverse head and shoulders pattern on the Russell 2000 plus MA cross over of the 50 day and 200 day Moving Average. Fundamentals: China trade deal looks good/ added 196000 jobs this month/ Mueller Probe appears to be good so far for the USA. Things to watch for: strong...

BrianPenrod Updated 

Looking at the EURUSD forming a bullish Crab. Additionally the area for the possible reversal is also prior support dating back to Nov 18.

BrianPenrod

looking at the RTY/IWM index to hit 1532 this week according this time and price analysis. Additionally this lines up with the 1.27 Fib extension of the prior price swing. however there is resistance at the 1519 level to keep an eye out for.

BrianPenrod

Time and price suggest EURUSD will go down. looking at friday next week it will hit 1.1300

BrianPenrod

Hitting a structure resistance level and also a FIB level....However I think if we can break through 110.60 USDJPY will break out. Good chance of this in my opinion with the latest Fed minutes and economic numbers which made the dollar stronger

BrianPenrod

Russel 2000 Fib levels on the weekly time frame....big bounce off the .618. The economy is strong ...good fundamental numbers about the economy and also earnings kicked ass this week... don't listen to the news!!!! however watch for resistance at the 1600 level. If it breaks out though that level we should be looking at 2000 by spring!!!

BrianPenrod

justFYI but on a weekly time frame and based off of Elliott Wave three here are my support on resistance levels for USDJPY

BrianPenrod

Looking at a potential bullish butterfly about to execute... we will see though...price is lining up with prior support from July, price / time appear close to symmetrical, and all the higher time frames appear to be oversold according to the stochastic indicator..will update if trade is executed.

BrianPenrod

Looking at the EURUSD to possibly reverse around the 50% retacement level of wave 2-3. Stochastic is overbought on this level and also the 4 hr level. Will look for entry triggers and post updates if this trade turns out.

BrianPenrod Updated 

looking at a short term short on the EURUSD with what appears to be the completion of a Bearish gartley and the completion of a ABC corrective pattern. looking at a multi day short if Friday's low is taken out. The higher time frames are all in the overbought condition Short term TGT 1 is 1.16714 TGT 2 1.16058

BrianPenrod Updated 

Just a thought.... Over sold on the Stochastic oscillator...price is appearing to bounce off the 38.2% retracement level from the prior wave 2 to 3 swing...price is hitting a prior support/resistance level and its matching my wave count!!! will look to go long once price breaks the 3 july high of .74218