SergioMontanoTYMIW

SergioMontanoTYMIW

We had a pretty strong move to the downside, now if this is an impulsive move (trend) or if its just a correction that remains to be seen. Regardless we have double bottomed and we need a retrace to the upside, however lets not expect new highs anytime soon.

SergioMontanoTYMIW

We can see some EURO strength come Sunday - however lets pay attention to the 1.0720ish level, We are definitely correcting to the upside - so my bias is short, however this thing can definitely correct higher trapping all those shorts. Close and test >1.0720 I am long however give me a rejection and I am short.

SergioMontanoTYMIW Updated 

Aussie has been up-trending in corrective fashion given by the amount of time it has taken for Deceleration Bearish Engulfing on the 4 hour + trend line break gives me good enough reason to take this short Targeting .7460

SergioMontanoTYMIW

Short here because..... Broke 8 month trendline Huge momentum on 1 hour timeframe Current down trend Rejection of 34 emas price making move to downside Corrective nature of move up once price found bottom at 1.3030

SergioMontanoTYMIW

Looks like we had an ABC move to the downside starting from the .7600 to .7160 Momentum has been slowing and we have a nice double bottom Looking for a long to structure @ .7300 thats a minimum target but I wouldn't be surprised if we broke that. Good luck with your trades and trade your plan!

SergioMontanoTYMIW

I am really confused by this week's volatility - due to Trumps victory I thought that would equate to EURO strength With that said we tested structure 1.0850. I am long for initial profit taking @ 1.10 then move stop to break even

SergioMontanoTYMIW

Clear 5 wave sequence completed this could be wave 1 of wave 5 on a greater scale (think Trump win) With that said still loooking for a pullback to the downside - we cant go straight up and give the bulls such an easy trade (well we can but that seldom occurs). Market needs to correct and shake people out Ill be looking to ride the correction down, then think...

SergioMontanoTYMIW

Lets not forget the EURO is in a downtrend Short here @ 1.1055 Targeting minimum 1.10 Stop Above 1.1085 (previous breakout zone) ** Any questions on how I structure trades just PM me dont be shy

SergioMontanoTYMIW Updated 

Price coming back to a cluster of EMAS Price coming back to structure at 1.0940 area Price bouncing off the 50% fibonnaci

SergioMontanoTYMIW Updated 

Looking for a move up here good R/R Minimum target 1.0950 Reasons for Long: double bottom stochastics oversold multiple time frame Daily, 4hour, 1hour

SergioMontanoTYMIW

Price made a huge move up after "unflattering consumer confidence numbers". Sellers kept price from breaching the 1.09, however momentum and accumulation seems to be building for another try. I am targeting 1.0920 minimum

SergioMontanoTYMIW

Price seems to building some support at this 1.0960 handle We had a doji on the daily a power reversal signal especially after a 5 wave sequence to the downside (lower timeframes) Looking for 1.1080 as minimum target. Stop loss under 1.090 *Know your risk for the trade

SergioMontanoTYMIW

Reasons for long: - Looks like we are completing a 5 wave sequence to the downside -Fibonacci confluence 1.272 extension of 2,3, also in line with the 23.6 retracement of Harmonic pattern (see Monthly Chart) -Not sure if this is a reversal or a just correction of the current trend, either way we should get a reaction at the 1.3450 area - Looking left there is...

SergioMontanoTYMIW

Looks like the EURUSD has completed 5 waves to the downside I am in long @ 1.1086 to ride the correction (wave 2). How far can it go? Minimum target I am looking @ 1.11918 then I may think to continue short for this pair

SergioMontanoTYMIW

Looking to complete an AB=CD on the Aussie Use the trend line as dynamic support and entry point Not an amazing risk/reward ratio but there is chance we can go higher than the projected 100% expansion. Stop right below the neckline Target @ .7164

SergioMontanoTYMIW

Looking for a trend continuation for this $CAD correction a trend line break is an excellent indication of this! Hope you will join me on this one! Reasons for the short: - Price is in a downtrend - Price is making 5 wave sequence to the downside - Fibonacci expansions are pointing to that 1.3394 (area) - Price completed a Harmonic on the monthly look for the...

SergioMontanoTYMIW

5 Wave Sequence - short @ 1124 -DIvergence on the hourly

SergioMontanoTYMIW

We've just about completed a bearish Gartley on 1hour Gold. You can look to take profits at the "basic" levels...but I think this thing has more momentum to the downside a test of 1071 or a break through it is possible