Hoddgittoo

Hoddgittoo

on a higher tf on EU, we can se a 3 touch of the upper channel. We can also see a corrective bullish wave that also seems to be reacting to a 4H channel. This could be a potential double top in the works. Will wait for a daily doji and close below previous day for confirmation.

Hoddgittoo

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Hoddgittoo

Expecting slight bearish momentum into tomorrow. Daily TF looking bullish with an inverted H&S. Waiting for move down to daily S/R which is in line with trend line and Fib.

Hoddgittoo

1) break, re-test, (waiting for) continuation. Will confirm on daily tf and corrective nature on lower TF. 2) Counter TL is in perfect confluence with 78 FIB 3) POSSIBLE H&S structure 4) REMAIN NEUTRAL, ALL PAIRS CAN CONTINUE IN THE DIRECTION THEY ARE CURRENTLY GOING IN DUE TO THE "VIRUS"

Hoddgittoo

3 touches of rising wedge pattern on W tf.

Hoddgittoo

NZDUSD, has been on a constant ascending channel since Sept. We can see how price has reacted to upper TL structure. Price broke above structure correctively, leading many to believe that this bullish run will continue, however, the impulsive move we just had that broke out of the ascending channel leads me to believe that a bearish run will begin. Great RR for...

Hoddgittoo

expecting this to go further down, short term play.

Hoddgittoo

The bears have been in the driver seat since August if this year. The way structure is lining up, it seems that the bulls will finally begin to take over. Here are 2 possible scenarios; 1. Inner structure seems to be forming a bullish wedge, a sign of bullish momentum building. Waiting to see how price reacts to 3rd touch to determine to enter or not, since this...

Hoddgittoo

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Hoddgittoo

we have 2 ascending structures within an overall ascending flag, along with a POSSIBLE dt.

Hoddgittoo

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Hoddgittoo Updated 

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Hoddgittoo

Expecting a DB on higher tf. Broke out of bullish channel on lower TF impulsively, and we are currently in a correction on 15m TF. Taking advantage of 1st correction since it has the highest probability of breaking out impulsively. After short is completed to 0.61950, will be looking for longer term buys.

Hoddgittoo

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Hoddgittoo

EURUSD has been slowly correcting down to a larger fib that is at play, which is the 78 Fib. What leads me to believe that this is at play is how it is moving down and that fact that it is in correlation with a bullish channel. Many traders may see a triple bottom on the Daily tf, expecting this to finally take off, however, we have to remember a key element,...

Hoddgittoo

corrective nature in impulsive leg. take at break.

Hoddgittoo

Looking at the daily tf, we can see a 3 touch of the upper TL. Looking at the previous corrective nature that we had before the impulsive move between, 8-21 July, CJ seems to be acting the SAME EXACT WAY. Before the impulsive move, we had a very slow correction down, and another short correction up before breaking to the downside. My inner structure is in...

Hoddgittoo

EURUSD may come down one more time to get most retail traders to believe that the support has been broken, just to shoot up to 1.10650 and beyond.