MatthewLundgren

MatthewLundgren

Timeframe: 4H Bullish market structure on the higher timeframes, retraced back down on the daily chart into a good zone for a bounce. Bullish fib zone + BRC of a resistance turned support zone. SL set below 78.6% fib level on 4H chart, TP set at daily -0.27% fib extension level.

MatthewLundgren

Timeframe: 4H Pair is in a bullish market structure on the daily timeframe, after bouncing from a bullish fib zone + the 200 MA. Price on the 4H broke above a resistance zone and is now retesting that zone, which lines up with a bullish fib zone, however strong bearish momentum after FOMC news today, so taking a reduced position.

MatthewLundgren

Timeframe: 4H Price has pulled back into a bullish fib zone, with a bullish TL support, BRC, and 50 EMA on the 4H as dynamic support. Somewhat unclear if it made a higher high on this chart as it didn't break the previous wick, but did close above the previous body of the high. Showing some deceleration at this area too, which could be a sign of reversal from...

MatthewLundgren

Timeframe: 4H Long entry order set at a confluence of a bullish 50% fib level, a BRC of the key level of 0.80 + broken resistance turned support, and the 50 EMA on the 4H chart. The pair had a successful push last week to close above the 0.80 key level, so expecting further bullish movements on this pair.

MatthewLundgren

Timeframe: 4H Made a higher high on the daily chart, so now looking to go long on the lower timeframes. Entering this trade on a 50% C leg retracement, which matches up with a BRC and close to a bullish TL support touch. SL placed below the 78.6% fib level, and TP set at a daily target level. Excellent RR.

MatthewLundgren

Timeframe: 4H Has made a higher low on the daily and weekly charts, so pair looks bullish. Made a higher high on the 4H chart, and entering in on the C leg retracement back to the bullish Willis Zone which correlates closely with a BRC as well on the 4H chart. SL set below the 78.6% fib level, and TP is at a daily target level.

MatthewLundgren

Timeframe: 4H Has broken through a bullish TL on the daily chart, and has broken lows, so there is a bearish bias on this pair. Entry set at a bearish ABC pattern and 50% fib level, with confluence of a BRC. TP set based on daily chart, SL set above a possible zone and above the 78.6% fib level.

MatthewLundgren

Timeframe: 4H Broke through a bearish TL and has made a higher high. Also has stayed above the 2015 highs that have been acting as support, so this pair looks bullish now. Entering the long on a basic bullish ABC+BRC. SL placed below the 78.6% fib level, and TP set near a longer term target of 1.20.

MatthewLundgren

Timeframe: 4H GBPJPY broke through a bullish TL on the daily and weekly charts, so I have a short bias on this pair. This setup is a simple bearish ABC+BRC trade, however the pair appears to be at a previous low on the weekly chart, which could cause issues if it forms a double bottom.

MatthewLundgren

Timeframe: Daily/Weekly Bullish triangle pattern on the weekly timeframe. This entry is based on a bullish ABC pattern on the weekly chart, with a bullish weekly fib and bullish TL touch.

MatthewLundgren

Timeframe: Daily Bearish ABC pattern with BRC of key level of 110, plus bearish fib confluence. Broke through the bullish TL earlier, so bearish bias. As I see it, it also made a new lower low.

MatthewLundgren

Timeframe: 4H Entered short on a bearish ABCD pattern + BRC with a bearish fib zone confluence. It has broken through a bullish TL on higher timeframes and has broken down below the key level of 110, which are additional bearish confluences.

MatthewLundgren

Timeframe: 4H Short entry on the C leg retracement, which matched roughly with a BRC and a bearish fib Willis zone. SL placed 10 pips above the 78.6 fib level, and TP placed near the D1 target level.

MatthewLundgren

Timeframe: 4H This pair broke down through previous support, which confirms it for a bearish movement. Entered in the short on a C leg retracement which aligned with a bearish fib and a BRC of the broken support turned resistance.

MatthewLundgren

Timeframe: 4H Simple ABCD movement, caught the short on the C leg, in a bearish fib zone, with a BRC of a broken support turned resistance. Broke through a bullish TL on this timeframe, which indicates bearish movements. Took out a previous low which should now act as resistance.

MatthewLundgren

Timeframe: 4H BRC of a resistance turned support zone, which lines up with a bullish fib. SL placed 10 pips below the 78.6% fib level, and TP placed for good RR. Also have confluence with a possible bullish TL.

MatthewLundgren

1H timeframe, cross of 14 EMA above the 50 EMA, now price is retesting 50 EMA, showing good wick rejection, which also correlates with a BRC of a resistance turned support.

MatthewLundgren

Timeframe: Daily Broke through a bullish long term TL, and is now retesting this broken TL (BRC). This retest also aligns with a bearish 61.8% fib level. We can see a nice AB leg downwards off a long term resistance level, and now seeing the retracement (C Leg) forming here. SL placed above the 78.6 fib level, and TP placed for good RR.