EddyOneTake777

EddyOneTake777

We have a defined low that comes in at 681.58 The previous low @ 772.95 was traded below. The sell stops that were protecting those long positions were traded into with this new low (681.51) After this new low was created price action impulsively moved away in bullish momentum, to do what?.... Hit the buy stops that were created @ the previous short...

EddyOneTake777

Market Phases. In case you've ever been in a trade and wondered why the trade reversed on you.

EddyOneTake777

Market Structure consisting of support and resistance zones with trend lines for trend identification. looking for potential setups

EddyOneTake777

I see s+r zones I see breaks of structure and retests =) I see trend lines being respected

EddyOneTake777

Basic market structure with trend lines for trend identification. Major support and resistance zones in red and grey boxes. Please leave your feedback

EddyOneTake777

Another view of Gold from a monthly time frame. Highlighting the zones levels of retracement and rejection as well as highs and lows that were broken.

EddyOneTake777

since December 1 2002, gold has been going in an uptrend. September 1 2011 stared a 4 year downtrend price began to consolidate in December 2015 before it began to rise above old highs created back in September 2011 December 2015 into jan 2016 you can see a morning star pattern form followed by an impulse move to the upside and break of structure the market...

EddyOneTake777

Looking at previous structure of price for AUD/USD I have marked on this chart my higher highs, higher lows for previous bull trend as well as lower lows and lower highs for bear trends (D & 4H) with the rectangle blue boxes January 15 2016 prices reached a low at 0.6829 deep re-tracement a few months later May 2015 20-June 02 Price retraced at 0.7163 ...

EddyOneTake777

EUR/USD has strong resistance at the 1.1600 price. Looking for bullish movement to the next major zones of the 1.16500 - 1.1700 price zones. Looking for at least 50 pips on this movement if entered at the 1.1625 price ***This is not a signal, trade at your own risk***

EddyOneTake777

A/U bounced off of my support zone on the hour chart and seems to be headed to my downtrend line. If i was trading I would expect 50 pips from my entry point

EddyOneTake777

On the higher time frame eur/usd looks like it hit my bullish trend line and is ready for bearish movement for a few days

EddyOneTake777

After doing price action analysis on the monthly time frame for this pair I discovered that the Monthly resistance 0.7006 the price has been in a bullish motion since. After zooming in on the chart to the monthly, weekly, daily, H4 and even down to the H1 I believe that the price of EUR/GBP will continue to rise for the next day at least until my second TP.

EddyOneTake777

I'm looking for price to drop on this pair

EddyOneTake777

EU bounced off of my 1.0569 support line I believe it will reach to 1.0640 and break through with a retest

EddyOneTake777

For the week I believe this pair will continue to drop at least to my first TP

EddyOneTake777 Updated 

This is my analysis for the markets next week.

EddyOneTake777

Just an analysis

EddyOneTake777

This is my quick analysis for E/U