SmartTradingFX

SmartTradingFX

Analysis on chart! Ive highlighted an area where i may be able to fire off a long on this pair... Previous support area where Harmonic Legs complete, 1.618 Fib Inversion, 1.272, 1.414 and 1.618 Fib Extensions... The pair has been bullish for a while so a long shouldnt be a bad idea... Two potential Rewarding targets if we can get entry on this, and we are...

SmartTradingFX

Analysis on chart! Price into previous structure zone where Harmonic Legs complete, 2x 1.414 Fib Extensions, 1x Fib Inversion, Overbought on the RSI 1H and pressing Overbought on the RSI 4H... A long wicked candle to the upside maybe suggesting selling pressure in this zone... Two potential targets offer a good Risk Reward Ratio... Any likes, comments and or...

SmartTradingFX

Analysis on chart! Up into a zone where we have seen rejection previously... Structure support turned resistance along with minor dynamic resistance... We have Harmonic Legs completing here along with 1.27, 1.414, 1.618 Fib Extensions and a 1.618 Fib Inversion, and pressing Overbought conditions on the RSI... I will use my entry TF which is the 1H to see if i...

SmartTradingFX

Analysis on chart! Price coming back up into a potential short zone where we have seen some nice moves to the downside previously... We have Fibonacci Confluence in this area, Harmonic Legs that line up, Dynamic Resistance and Divergence on the RSI... Il keep a close eye on price once market opens and am looking for a short entry that meets my criteria as this...

SmartTradingFX

Analysis on chart! Two breaks of structure I am now looking at a pullback into previous structure support where we also have a 0.382 Fib Retracement to maybe look at a short down to previous structure (Start of dynamic support)... Waiting to see if we get an entry around this area as at the minute stops are just a rough guide to what we may be able to use if we...

SmartTradingFX

Analysis on chart! Im looking at a potential long zone where we may be able to enter on a Low Risk High Reward basis... Price looks to be on its way down to test dynamic support for the fourth time aswell as horizontal structure support... In this area we also have a 0.382 Fib Retracement, 0.5 Fib Retracement and a 1.27 Fib Extension. We may also go into...

SmartTradingFX

Analysis on chart! Price up into dynamic resistance for the fourth time where we have seen a decent move away from this previously... We have a Fib Cluster in this area with divergence on the RSI and at the time of writing this the current candle pushed up and got rejected maybe suggesting some selling pressure from this level? Two potential targets offering...

SmartTradingFX

Analysis on chart! Price back up to test previous strong resistance for the fourth time, Two fib extensions, Overbought on both 1H and 4H charts... Potential move back down to around the 123.00 even handle which offers a 3:1 Risk Reward... At time of posting this there seems to be some rejection maybe signaling selling pressure from here... Any likes, shares...

SmartTradingFX

Analysis on chart! Coming up to retest structure for the fourth time, ABCD Pattern completion, Two fib extensions, Overbought on both 1H and 4H Time frames... Potential risk reward of 3:1 back down to dynamic support... Any likes, shares and or constructive feedback is welcome!

SmartTradingFX

Analysis on chart! Price up into a level where we found resistance previously... ABCD completes at this level, 1.618 Fib extension and pressing Overbought on RSI... Long wicked candle maybe signalling some rejection from here...? It could be a low risk trade with two potential targets that ive highlighted with blue arrows, but also be aware of blue zone thats...

SmartTradingFX

Im looking at a Long opportunity on this pair which could offer great risk reward... Around the 1.5400 even handle is solid trend line support that has been tested a number of times, 0.382 and 0.618 Fib retracments and a 1.272 Fib extension... Ive highlighted on the RSI a possible oversold area as price still has 100 pips or so to move... If we get to this zone...

SmartTradingFX

Analysis on chart! Price approaching structure zone where we also have a a cluster of fib extensions and inversions, harmonic legs, potential to be oversold RSI on multiple time frames... Price has respected this area on a number of occasions around 94.30's - 94.60's I am waiting to see if we get down there then see how price will react and maybe reject this...

SmartTradingFX

Analysis on chart! An insight into what im looking at on this pair. Potential relief? (Green Zone) Minor structure, Harmonic legs, Two fib extensions, RSI Oversold... If we do get some relief im looking short in the red rectangle zone highlighted with potential targets at my third harmonic leg around the 1.0670 Constructive critisism and or likes are welcome...

SmartTradingFX

Analysis on chart! We have had a break of structure to the down side, i am now looking at a retracement back into the zone between 1.0920's and 1.0940's Ive marked on the chart a clear TP level if we manage to get a short entry on this pair at the 1.0824 mark. Any comments, likes and or constructive critisism are welcome as always! Lets see how this one plays out!

SmartTradingFX

Price has come down into structure and looks like we are getting some rejection from this level! CTS 1. Structure 2. Harmonic Legs 3. Four Fib Cluster 4. Oversold RSI (1 Hour) 5. Oversold RSI (4 Hour) Now just waiting for an entry signal to get long on this pair! TP TARGET - 0.6670 SL LEVEL - Around 0.6610 depending on entry Any comments, likes, or...

SmartTradingFX

Just entered a short on this pair! Analysis on chart! My CTS was as follows : 1. Minor structure 2. Overbought on 4 hour, 1 hour and 15 minute 3. Double top 4. Bearish divergence 5. 1.272 Fib extension 6. 1.414 Fib extension Entry - low of bearish engulfing candle (1 hour chart) marked with the pink horizontal - 123.35 SL - Above highs of double top -...

SmartTradingFX

Looking at a short on this pair back down into the 1.2525 area before maybe another push back upwards! Price now in a key structure level (weekly/daily) with two fib extensions and one fib inversion lining up! RSI is overbought and a double top with divergence (4 hour) may signal exhaustion? Also have harmonic legs for good measure! Risk reward could be anything...

SmartTradingFX

This pair broke a key structure level on both Weekly and Daily time frames, which is highlighted between the two blue horizontals, and is now retracing back into it... CTS 1. Broken Weekly and Daily structure 2. Retracing back into structure zone 3. 0.618 Fib Retracment - Daily 4. 0.5 Fib Retracment - 4H 5. 1.27 Fib Extension - 1H 6. 1.618 Fib Inversion - 1H 7....