We have a drop base drop on this set up. I would like to see price liquidate and take out all the highs. I will be reactive price action when it gets into either of these two zones. I will be looking for a short set up from there
We have made equal highs and equal lows. Price doesn't seem like it wants to break a new high giving us a bearish sentiment. GU has been moving the opposite for the most part so this lines up with GUs analysis
We have a beautiful reversal pattern that has formed on GU. An inverse head and shoulders to the T. We have also made a new HL and HH. I will be expecting continuation long from here.
Price is being uncharacteristic which is leading us to look for a short set up from here
I will be looking for a short from these supply zones drawn from the 5m TF
From a technical analysis standpoint, it looks like price may stay bearish with continuation short. We have already formed a new LL and LH giving us more confirmation to look for a short set up
I'm expecting to see continuation short for the dollar from this key supply zone
The dollar seems to have broken the previous resistance pretty easily. We have a nice wick on the 4HR TF bouncing right of a weekly support level. The dollar may have another strong bullish week
EU is tapping into a key supply zone. We have rejected nicely off off that level of supply. We also are rejecting in the golden zone of the fibb adding more confluence to our trade. Lastly we are also rejecting off a key POC level. With all these confluences this should give us a valid set up here
Here's another look at EURUSD. Keeping it simple. Since I'm expecting short continuation, I will specifically be looking at this unmitigated supply zone. 1:3 Risk to reward here
Here's a short set up I'm looking at with EU. Expecting to see continuation short
Taking CADCHF short about 25 pips with a 15 pip stop loss. We are tapping into a supply zone here
We have some strong bearish divergence. Price looks like it may start to be turning around to the short side
We have a lot of inconsistencies happening with CJ right now. We have a valid trend line with 3 tests. It has also been broken. Therefore I'd like to see a pullback intro the golden zone on the fibb for a possible short set up
The dollar looks like it is respecting a key level of demand. This is good confluence for my EURUSD short trade
Since I strongly believe in my EURUSD short, I' anticipating price to reject at the next supply zone with some short continuation
Price has rejected right off of my sell limit line to the pip! Technical analysis at it's finest. Let's see if we can get some short continuation
Price has almost touched my supply zone to the T. I'm looking for a short set up from here