Maximus1147

Maximus1147 Updated 

Price has formed a doji off of a key fib level on the daily timeframe. I will be looking for cycles and an entry on a lower time frame.

Maximus1147

Price has formed a doji off of a key fib level. Looking for long opportunity so keeping an eye on lower timeframes for cycles and entry.

Maximus1147

Price has formed 3 clear cycles and is currently in a downtrend. Price has pulled back to the 200MA and rejected this on the daily, forming an inside bar and further bearish price action confirming this. I am looking for an intraday set up for a short.

Maximus1147 Updated 

Price has formed 2 clear cycles, rejecting both the 200SMA and the 0.786 fib retracement level. Price is currently in P1 to the downside and I will be looking for enteries on a intraday basis. 4H: Price is forming a head and shoulders so look for a break of the neck line, retest and push to the downside. This is where i will be looking for my entry.

Maximus1147

Price is forming new higher highs and higher lows. I would favour price moving to the upside and either breaking through the neck line of a head and shoulder formation or a push to the downside off of this level. Daily updates will be made.

Maximus1147

Has formed 2 clear cycles on the daily and price is indicating a possible reversal on the lower timeframes. On the 4H a traintrack has formed off of the last daily lover low, the 50MA and also the fib level 0.382. The RSI is also point straight down. A strong indication of a bear run. Target 1: Just above the weekly trendline. Entry: E - 80.227 SL - 81.2 TP - 79.25

Maximus1147 Updated 

2 cycles have formed on the daily and looking to end the third. Price is showing signs of reversal on lower timeframes. There is a train track reversal pattern on the 4H additionally bouncing off of the 50MA and also the 0.5 fib retracement zone. Target 1: The daily S1 Pivot 119.7100 Target 2: The Daily Level 118.4040

Maximus1147 Updated 

Very strong channel formed on the daily. at least 4 bounces off of both the upper side and the lower. On 4h price is showing a possible reversal off of the 0.618 fib and 50MA indicating a possible run towards the upper channel line again. Price is also interacting with a daily level and also on the 1H timeframe interacting with the 200MA. Scenario 1: Price...

Maximus1147

Hoping to catch an entry on the 4H timeframe of this huge bear run.

Maximus1147

2 cycles have formed on this pair on the daily timeframe and is on a phase 1 of the third. Price is currently at the 1.618 fib extension measured from the last pullback. I am favouring a pullback and further short after confirmation. Scenario 1: Price Pulls back to the last lower low area which is also close to the daily P1 pivot, alongside 20 MA. Then continues...

Maximus1147 Updated 

Price is currently in a bullish channel and has rejected the lower channel zone now for the third time. I like this for a long position as the third bounce is combined with a 50 EMA rejection and a weekly level rejection showing clear signs of reversal. Scenario 1: Price pushes through the daily pivot and towards the upside heading for the upper channel line....

Maximus1147 Updated 

Now focusing on the 4HR chart there is a clear ascending triangle forming. As posted previously with this pair I am favouring a downside movement, so I am waiting for a break and retest of the trend line. Using the fibonacci extension tool and 4HR pivots I have calculated my targets for this trade. Waiting for conformation and break of the trend line before entry.

Maximus1147 Updated 

Price has formed 2 clear cycles and is now coming back to the last fractal low area also after a recent 50-20EMA crossover. On lower timeframes price seems to be slowing down around the areas highlighted in the image. Scenario 1: I would like to see the current price reverse and head towards the S3 pivot area, which is also a weekly historical level. Price then...

Maximus1147 Updated 

Price is currently in phase 2 of a bearish run. Current price is interacting with the 0.382 FIB retracement level and also the 20MA. On lower timeframes we have price action indicating possible signs of reversal to the downside. A high test bar and a bullish continuation afterwards, this is highlighted above. Currently the market is oversold which further...

Maximus1147

Price has formed 2 clear cycles and is now coming back to the last fractal low area also after a recent 50-20EMA crossover. On lower timeframes price seems to be slowing down around the areas highlighted in the image. Scenario 1: I would like to see the current price reverse and head towards the S3 pivot area, which is also a weekly historical level. Price then...

Maximus1147 Updated 

Price has broken out of daily 80.00 level and is pulling back, creating a double bottom on a lower timeframe. AUD has been strong this week and also the price is bouncing off of a fib level. Looking for further conformation to enter long on this trade.