DJdSchu

DJdSchu Updated 

Looking like DXY may start another big descent soon Let's see if USD pairs are ready Looking to take to end of trendline/channel, if broken, will continue to hold

DJdSchu Updated 

Looking like accumulation to me In one day went from about 1870 to 2000, since then have been correcting Hourly timeframe looks like it may have made ABC correction and this could be wave 3 of 12345 series Bigger picture/timeframe -- this accumulation looks to be happening at end of overall correction as well Maybe next stop 3k? Then where from there?

DJdSchu

Can see it clearing the liquidity at the top and then clearing the liquidity at the bottom into a nice impulse bullish move to 1.42 (the doubletop on the Weekly timeframe)

DJdSchu

Equal lows right above where the next 61.8 fibonacci retracement is. Also a whole number (1.27000) and could be the end of the correction and beginning of next bullish cycle. Next target is 2.618, as 1.618 has been breached over the last two weeks. Expecting a liquidity grab before moving up. Maybe even as low as 1.26000. If price does travel down that way, would...

DJdSchu

Trend obviously bullish. Looking for this to potentially complete the wave. Entry is at 50% of the institutional candle on the H1 timeframe/bottom of imbalance on m30/m15. Also at 61.8% on the fibonacci. About a 5:1 risk to reward ratio. Expecting a possible correction near the 0.70440 level, followed by another potentially massive bull run.

DJdSchu

It looks like price did a fuck you candle and now wants to retrace so I am trying to catch some pips on a buy.

DJdSchu

Super bearish. I see it breaking support and continuing to -27% at least, based off my Hourly fibonacci. A lot of confluence.

DJdSchu

On the Daily timeframe there is still some bullish momentum with the last candle closing engulfed. It looks like price wants to get to the 200 ema on the Daily timeframe. A few news events this week could cause some volatility: Wednesday AUD unemployment data and Thursday USD Retail Sales. Uptrend still in tact. I think a break out of the mini range on the Hourly...

DJdSchu

TP 1.35470

DJdSchu

To retrace to the 0.786 level of fibonacci would mean for price to get all the way up to 1.59949. 4/25/18 (1.61409) on the Daily timeframe, shooting star candle which lead to a massive drop (~860 pips) til around 6/4/18 (1.52747 top of a key zone.) Historically, this trend repeats itself from the ~1.61409 level very well. From 8/24/15 to 2/11/16 about 5...

DJdSchu

To retrace to the 0.786 level of fibonacci would mean for price to get all the way up to 1.59949. 4/25/18 (1.61409) on the Daily timeframe, shooting star candle which lead to a massive drop (~860 pips) til around 6/4/18 (1.52747 top of a key zone.) Historically, this trend repeats itself from the ~1.61409 level very well. From 8/24/15 to 2/11/16 about 5...

DJdSchu

* Weekly Chart - zone @ .73329 - .72789 and .70087 - .67896 * Daily Chart - zone @ .70425 - .67278 * Looking like another mini head & shoulder pattern forming. Each time price has done that in recent history, price shot up for about 2 months before really losing any steam. We could be seeing the same thing again. * Potential BUY zone .67278 - .67896 *...

DJdSchu

Price in a strong zone on the Daily chart - 1.73262 to 1.71409 In recent history, price at the current level has bounced up on numerous occasions and hit resistance and bounced right back down for a handful of significant drops. Could see it consolidate in this zone for a while as it did in November and December of 2017, before doing a big drop. Either way I plan...

DJdSchu

@1.5217 and 1.5268

DJdSchu Updated 

Bearish. Lots of data this week. Short. Tp 1.173

DJdSchu

I think there might be a small rally up to around 1.20 but overall the tread remains bearish. EUR has had a lot of weak data recently and the Dollar is still very strong. Looking to take profit at 1.17. Shorted @ 1.19, Sell @ 1.20

DJdSchu

TP 1.4347