Munney1914

Munney1914 Updated 

This is my idea for CHFJPY. It has shown a level of resistance for a good while now and began to consolidate. It broke out of consolidation and retested the support of the consolidation box, which turned into resistance. Waiting for a breakout of the correction/pullback and closed candle on the 1H. Nothing fancy. Just the basics. The entry will be determined when...

Munney1914

This is my idea for USDCHF. It has broken a level of resistance. The resistance has now become support and has been retested. Waiting for a 1H candle close above the correctional trendline for an entry. This pair negatively correlates with CHFJPY, which I have posted my idea for that as well. Waiting for a breakout of the correction/pullback and closed candle on...

Munney1914

I'm bullish on GU. Just by looking at market structure is what I'm basing my analysis off of. I'm already bearish on USDCAD. These pairs have a negative correlation so it makes sense to me. Let's see how it plays out!

Munney1914

In my opinion, I believe USDCAD is going to drop. Last week, I had posted that is was bullish and on the rise. It did just that. From looking at market structure, I am in for a sell and will be exiting and entering at certain key levels and order blocks. This is a pair I plan on trading all week.

Munney1914 Updated 

Yesterday, I caught a long position. I am planning to go long again once the correctional trend line (green line) is broken on the 15M chart. A cup & handle pattern has formed and completed. The main trend line (yellow line) has been broken and price is re-testing it now. Waiting for the correctional trendline to be broken before entering for a buy.

Munney1914

Price has broken out of a Daily bullish pattern. It is also in a strong uptrend and sits above a previous daily high.

Munney1914

Yesterday, I caught a long position. I am planning to go long again once the correctional trend line (green line) is broken on the 15M chart. A cup & handle pattern has formed and completed. The main trend line (yellow line) has been broken and price is re-testing it now. Waiting for the correctional trendline to be broken before entering for a buy.

Munney1914

I believe this pair is going up. A lot of others in the ideas have it going down but I see a clear break of the consolidation box on the Daily chart. I also see that it rejected a pivot point. I have an alert set because it may possibly form a H & S so I'll monitor it around there. I'm in for the trade though. Just my thoughts and ideas on this pair.

Munney1914

I think USDCAD will rise.

Munney1914

Been killing the charts. Going to start posting more. So many confluences. 1. Broke Trend Line and closed on lower time frame 2. Broke the box and closed on lower time frame 3. Broke support zone

Munney1914 Updated 

Just my idea on what could happen. Meant to post yesterday.

Munney1914 Updated 

From my analysis, I got this bad boy going up! Came down to around the bank candle which is highlighted in yellow to the left. bounced off of that support. Low risk trade if it doesn't play out!

Munney1914 Updated 

Looking to take 20-30 pips on the sell. Break of the Trend Line MACD about to cross and shift strength of trend Bearish Pattern