- WEEKLY TREND CHANNEL (creating LL's & LH's) PULLED BACK TO THE 78.6 ON WEEKLY
- DAILY BROKE OUT OF CONSOLIDATION RANGE AND RETEST KEY LEVELS
- 4HR CREATING LL's LH's & PULLED BACK TO THE 61.8 LOOKING FOR EXTENSION TO THE 41.4
- 2HR WE GAPPED & THEN DOUBLE TOP/ M + ENGULFING OFF OF KEY LEVEL
- LOWER TF EMAS CROSSING OVER (NOT RELYING ON ON EMAS AS MUCH BUT...
Should have posted earlier but excuted after news today. Pulled back to 88.6 which is a confirmation for harmonic. Rejected 114 extremely hard. Daily Elliot wave complete. Daily doji. looking to risk 30 pips for 140 pips.
Daily Time frame we have completed Elliot wave. Looking for abc to be completed as well. We also had a micro Elliott wave(4HR) inside of this macro Elliot wave which gives me more of confirmations. Also to add we had a weekly bullish engulfing right off a major level 1.13000. Risking 35 pips for first tp 110 pips second tp 200 pips.
Completed Elliot wave looking for abc pattern to be completed as well. This goes for the 4hr and the daily timeframe. Have break of structure on the one hour time frame with a pullback and engulfing. Also have 1 & 2 hour emas crossings and 4hr about to cross bearish. Two take profits one at 113.0 and 112.5 risking 30 pips.
Trading against the trend here. but looking to buy the pullback which would also be the abc correctional wave pattern to the elliot wave that was completed. Targets are 38.2 and 61.8 final tp is at psych level 1220. Risking 30 pips have lower time frame emas crossing with candle stick patterns forming on higher tfs.
Trading against the trend here FYI. Putting this markup out before the trade is taken. But have some great confirmations if it gives us candle stick patterns and ema crossings. Looking for abc pattern to be completed because we have just completed Elliot wave. This would also be our pullback for the extension to the downside once again. The dxy also has great...
Alot of exhaustion on the Daily time frame around the 1237.5 level. We also have a M created on the Daily as well with emas coming closer and looking to turn over. We also had a break of 1225 a quatrely level and the 1-4hr emas have crossed to the downside. Also M on the 2 hour looking for 1220 for the first target and 1212.5 the second target. Risking 30 pips
We have completed our fib extension from the 4hr time frame all the way back from 1.18000 key level down to 1.13000. We also completed Elliot wave and now looking for the reversal pattern ABC to be completed. Also one hour timeframe we had a break of the countertrend line with a retest last night because the stop hunt. Looking for 4hr fib to line up around 1.14500...