DTyler1997

DTyler1997

Key institutional level Channel resistance 15 min triangle breakout

DTyler1997

Weekly: - Rejecting off 200 EMA - Golden ratio fib pullback for D extension to the downside - Multiple rejection candles at the top of sharp buy up (sellers taking control) Daily: - Entered fade zone (reversal zone) - Channel support rejection - Currently in a fib cycle (could reach top of fade zone) 4h: - Trendline bounce - Channel support bounce - MACD...

DTyler1997

TL bounce Pivot point bounce S/R bounce Golden ratio PB Higher time frame triangle break & retest RSI also overbought Extra - consolidation after sharp selloff

DTyler1997

- 200 EMA rejection - Bullish candle confirmation - RSI severely overbought - 50 EMA > 200 EMA = buyers market - Sharp sell of with some consolidation (buyers stopping sellers) - Pullback to trend line and resistance level as expected - Entry executed on an hourly bullish inside bar candle - Daily time frame agreement with triangle pattern broken and entry on the...

DTyler1997

USDJPY in a short term downtrend, bearish candlestick has tested trend line (2nd trend line touch). Pullback predicted to retrace between 50% and 61.2% levels which shows confluence with a previous lower low. Expected to hit target of 127.2% extension which shows confluence with S1 pivot. 50 pip stop loss with 155 pip target = 3:1 RRR

DTyler1997

Shorting the USD/CAD after a steep uptrend. The market has created a double top pattern of which a 4h candle has closed below its support line. In addition, the 8 EMA has crossed below the 21 and 50 EMAs suggesting trend reversal. the 8, 21 and 50 EMAs are all starting to point down looking to 'fan out' and trend down. Entry triggered as soon as candle closed and...

DTyler1997

Going long on GBPJPY as the new uptrend is about to have its 3rd touch of the trend line which shows confluence with the 50%% Fibonacci retracement . The aim will be to take profit at the 144% extension as this sits just below the nearest resistance line. I entered this trade a tad late at a higher price. expecting a bounce off the trend line (if it hasnt done so...

DTyler1997

After a strong downtrend the AUD has broken it's outer trend line. This alongside the 8 EMA crossing above the 21 EMA insinuates a potential short term uptrend. The new uptrend is about to have its 3rd touch of the trend line which shows confluence with the 38.2% Fibonacci retracement. The aim will be to take profit at the 127.2% extension as this sits just below...

DTyler1997

EURUSD in stong downtrend about to have its 3rd touch of the trendline. Fib retracement used and the 38.2% retracement shows conflunce with a monthly (strong) support line. At first i didn't want to enter the trade with no finalised trade plan, however I saw this as an opportunity to see if this trade strategy works for me, hence why I entered the trade slightly...