J_layseca

J_layseca

Just noticed this while i was playing with the charts AUDNZD has formed a consolidation range, and on the lower side we have some tweezer bottoms, text book like. If it goes as the literature would say, the stop just on the other side of the candles, and a TP on the next significant zone, and i think it would be the one marked

J_layseca

The previous trade on this pair got stopped, but like i said, tight stop so one can re enter I noticed that i poorly draw the previous line, now i think we have confluences going down, but not just yet. bear confluences Bounce on the trendline rejection of the montly level huge wick rejections on the area what stoping me: the purple support, i would wait for a...

J_layseca

As i write this my order got filled We see bearish momentum, the price broke the support and has been consolidating (if not i would be looking for buys with a W formation, but is not the case) We also see that the price came close to the 50% fib level and the next level is just above the 27% fib extension

J_layseca

I think this could me a posibility, in the past we've seen some sharp reversals at this area, we have some sort of resistance above the price, i think that a tight stop is good in this place, if it get stoped i might enter on the resistance

J_layseca

This one seems pretty simple, i did not catch the bounce on the monthly, it matched all my criterias, but now se have a break of the level and a retest on the same, tight stop loss in this one, jus because is a continuation, lets see what happens.

J_layseca

We have broken and retested the area, we have a big spike in and out of the area, if we look left we see liquidity arround that area. We came through the area but ended up closing above this, so my guess will be that we will continue the trend and come back to test the area again. Not a time frame that i usually trade, but just found this and think it is a...

J_layseca

I usually don't trade this pair, in fact did all the technicals right now. I see a bullish trendline that has reached a liquidity zone just below the monthly level, that trendline broke and came back to test the downwards trend, I think that still is going to go down., even tho that the M is now turning in a downwards triple top, it still has structure. The SL...

J_layseca Updated 

I've been waching this pair, because I wasn't sure if the pair was making a flag, triangle or else. We have structure for both, we formed an M, but im more confident on the downside because it needs to correct and right now has not been able to push though the weekly 112.00 level

J_layseca

W formation emas crossed monthly rejected trendline broken With all those confluences i would say that the price is going to continue reversing to the purple area, witch seems to have accumulated orders if we look left been experimenting with wicks regions and seems to have worked out great.

J_layseca

W forming at lows engulfing candle Previous big bear push watch out for the emas We failed to make lower lows and have a nice rejection candle closing over the previous level, the emas might start to close in after the engulfing candle. If we break i see the price go to the marked level to watch it come down afterwards

J_layseca

Right now on the lower TF we have emas crosing over We already tested the higher TF trend Failed to make lower lows 2nd leg also failing to make lower lows price at support On this set up we are making a bigger W with the final leg of this one also a W, matches my criteria, failed to make lower lows, emas crosing over and we are at an important price zone I...

J_layseca

Even tho we are overall Bearish, i think that the momentum could have died. On the first inner trendline we did form an M in fact, but just over we have the monthly level, thats why I choose to stay out, we previously formed a W after a huge bear push, but not just after a trendline Right now the price is failing to make lower lows and respect the lower counter...

J_layseca

The overall higher TF is Bullish Right now we are consolitating and indecisive on the daily we have a counter trendline on the 2H that has been respected, and a trendline Inner bull trend Right now the price is siting at support AND in the inner bullish trendline, we are making higher highs and higher lows, recently we tested the Higher TF trendline and monthy...

J_layseca

Daily Bearish, overall Bear trend Emas confirms bear moomentum 1h to ilustrate we broke and retested important sup/res I think that the price will come steping down this levels, we have a overall bear trend and passed a bigger price barrier We also have a Close trendline, so i'll be keeping an eye if i don't see lower lows being made and switch for a long if we...

J_layseca

I'm a bit on the fence here -after a big bear push now we formed indecision candle on the daily -on the 4h we are forming a W at the Monthly 110.00 -on the 2h we have the emas already crossing over -We failed to make lower lows So given the confluences I think we should go up to at least the pink level, but given that it is still indecisive i might wait for some...

J_layseca

The price is currently sitting at a daily level We are forming a W where we are making Higher Lows The Emas are starting to cross over Even tho we are not at the trendline, we still are forming this at some important price zone, the price has been struggling to push downwards. A riskier approach would be to just long this, with a stop past the previous wick,...

J_layseca

M forming at the level EMA crosing Over Break of the trend As I've been doing, a M has formed, even tho the 2nd leg made a higher high, still closed below, the price is currently breaking the monthly. There is some sort of of a trend between the tp and the current price, but im not sure on how the price will act around that, so I would keep and eye, and watch...

J_layseca

Broken trendline Emas crossed Retesting the area Just entered on this one, had a previous Sell limit on 1.3275 but didn't get triggered, now we broke the trendline and just retested the sup turn res. on the previous days we where compressing the price, at first i thought of some sort of an M formation instead of a continuation triangle, because the level that the...