ForexNChill

ForexNChill

If market structure continues to play out, sell from top of the channel or at the break.

ForexNChill

Expecting a nice bearish move. Batman says SELL.

ForexNChill

Looking at market structure, we could get 100-120 pip drop to previous Demand Zone.

ForexNChill

Has rejected from previous support and created a bearish flag. Not an aggressive pair, but good for beginner traders to learn/demo.

ForexNChill

Entry on lower time frame

ForexNChill

I posted this analysis last week. It finally played out. Now we sell the continuation after the flag/correction. Exercise patience and sell from the top of the correction or the break of the flag structure:

ForexNChill Updated 

Price is at resistance and due correction. If it doesn't break the trend line, we will get a buy continuation. If it breaks aggressively, hold the sell to previous resistance or demand zone. Pay attention to structure and strength of the moves (aggressive or corrective).

ForexNChill

I had charted this last week and forgot to post. The push to the upside has started, however expecting a small pullback and then I'll enter. I missed my initial projected entry from the bottom.

ForexNChill Updated 

USDJPY has reached an important Supply Zone. Watch the lower time frame for signs of reversal and break down to the downside. Could see a good push with FOMC this week.

ForexNChill

Looking to short for about 150-160 pips

ForexNChill Updated 

Watch for the trendline breaks. Unless it pushes through past supply zone (resistance up top), market structure is suggesting another short-term sell. Bear in mind EUR news during London session.

ForexNChill Updated 

As with channels, we sell from the top, buy from the bottom. Look for a flag to confirm sell continuation.

ForexNChill Updated 

The market gave us an impulse to the downside after rejecting from the supply zone. We're now getting a flag/retest. Look for entry on M15 after price pulls back to our 50-61 area on Fibonacci.

ForexNChill

The current M15 pattern is corrective and suggests another drop to the downside. A bounce off the upper trend line would correspond to a rejection off the 61 or 78 Fib retracement of the flag/correction.

ForexNChill

CAD had a big bear run due to oil prices, but due to the rise in OIL has gained momentum. CADNZD just had a perfect bounce off an important demand zone. Follow market structure to use previous support/resistance as take profit areas. Hopefully we can ride it back to the top.

ForexNChill Updated 

We caught this pair a few weeks ago to the downside. It's now sitting at a major demand zone. Watch for an impulse to the upside and then a correction (flag) to confirm the move. Then buy up to the next supply zone. Should be a great ride!

ForexNChill

Price bounced off previous resistance/Supply zone. On the lower time frame this pair is creating bearish flag patterns. Wait for a correction to the upside and look for entries from the 38-61 areas of the Fibonacci, depending on how strong the correction is. Do not sell until the corrective pattern is complete.

ForexNChill

Reaching an important area of Supply. Showing exhaustion on the lower time frames. Watch for a bounce from previous support-- Or an impulsive break to the downside.