Jimi95

Jimi95

Still awaiting confirmation to enter this pair. Favouring the Bears in this instance, as the pair has been on a long downtrend. This pair put in a fake-out trapping a few people in it. Still in its range, as i said still waiting for a strong confirmation on this pair as its still respecting the CTL. Maybe another rail TL touch on this pair If we do see a break...

Jimi95

Price broke my key level of 1.5350 Could Price action to warrant a short 2:1 RR on this Trade WISH ME LUCK!

Jimi95

TARGET 1 HIT: 146.8 PIPS (0% FIB0 TARGET 2: After close inspection and patience for price to react with fibonacci retracement levels on this TF. i have found an entry with a 2:1 RR Target 2 is the -27% fibonacci extension RR tool illustrating, Entry, Stops and Take Profit WISH ME LUCK

Jimi95

Cable 240 Cable in a strong bull trend, Yellen speech attempting to push in the way of the bears. A break and close below the 1.533 mark would take out previous Higher Low and put us in strong bear territory A possible h&s pattern could form to provide an entry on the lower TF. 0.618 fibonacci level proving a strong resistance zone as the speech couldn't make...

Jimi95

The AB leg has been completed with the BC correction reaching the 61.8 fib level, which price has tested before, so potentially the BC correction has completed and ready to start forming the CD leg. However price action will dictate whether this 61.8 fib will hold, otherwise a deeper correction can be expected and all short positions should be held off until solid...

Jimi95

EJ seemed all too random on Friday but further inspection showed that it was obeying technicals perfectly. My first post of EJ on the daily TF still stands. Unless re-analysis suggests otherwise. Price broke bearish rising wedge and retest the CTL and formed an equidistant bearish channel point D was the completion of a Bullish Gartley within.

Jimi95

240 set up. Bearish Wedge break and re-test AB=CD completion at -27 fib ext targeting the 38.2 fib retracement level. Head and Shoulders potentially forming where price has bounced off previous structure and possibly heading to a minor level of resistance to continue the move downwards Overall bearish divergence on the RSI but short term positive divergence in...

Jimi95

Price in bullish channel making HH and LL. Price in ab=cd harmonic pattern with -27 fib extent in conf with top of bullish channel, conf with avg market pip range of 300 pips. flag pole length (2 range length or 600 pips) on breakout to the upside could see price filling a previous gap. this will leave a breakout and have resistance turn support. however should...

Jimi95

AB=CD Harmonic pattern in play. Awaiting break of Counter Trend LIne. Price Action Indication end of correction leg.

Jimi95

Annotated CHART Additional notes on my charts soon to come.

Jimi95

Simple bearish channel ABCD shot to -27.2 ext

Jimi95

Looking for short positions on confirmation of TL and Price Action

Jimi95

Looks like a good old retracement to the 61.8. Similar to the previous leg. Monthly Kumo breakout so we're deep in a bearish trend overall. with price head for a monthly trend line 300 or so pips away. Price should repeat the inner TL unless we see a break out the heading for the outer TL. RSI positive divergence confirms the long sentiment, however, seeing as...

Jimi95

GOD SPEED

Jimi95

Awaiting a double top and candles indicating a strong reversal. RSI broke and is retesting the TL

Jimi95

1hr TF awaiting price action to short to bottom of bearish channel. Retracement likely back to the top and in confluence with Daily TL seeing price return to structure and continue downward trend with Lower highs confirming trend continuation.

Jimi95

Retracement to TL after a massive drop. market will look to maintain some form of structure. Pink lines are the lengths of the initial big drop to the double top on the 1 hour TF Confluence with 38.2 fib level as target 1 and target 2 just shy of the 78.6 fib level. Thanks @Tycoon for the enlightenment.

Jimi95

MONTHLY: Market appears to be in consolidation. WEEKLY: Price tested weekly fib level from swing high to low at 38.2 level on the following dates 21/11/2011, 21/05/2012, 29/09/2014 DAILY: Fib retrace from swing hight to low, price rejecting 618 fib level 240: Doji forming. 60: Evening star dojo at daily fib 618 level with bearish engulfing indication for a...