UnknownUnicorn1541297

UnknownUnicorn1541297 Updated 

AUD/USD Long Opportunity 4h: I have decided to take this trade if given the opportunity because it coordinates with my preset R:R . We are currently (12/24/18) at a major support level (.7038) tested last & respected since Oct 5th, 2018. We did close below on the daily this only to retest and reject from top of daily (green) demand zone @ .7072. Also, we...

UnknownUnicorn1541297

GBPUSD has now entered a clear trend after a third retest of shown trend line. Once we see a breakout past 1.275, we will look to enter on that confluence of 200 EMA retest as support, retest of demand zone and psychological level.

UnknownUnicorn1541297 Updated 

I would take a two-three positions as close to .2852 as possible, which is the price as I am writing this. 1. Looking at the H4, we see a possible test of support, break, retest and possible drop again. 2.With further analysis of lower TFs we see that there is strong rejection on the last drawn Demand 4H Zone, as seen in a double bottom on the M15. 3. In the...

UnknownUnicorn1541297 Updated 

Hello all, I believe we are seeing a long opportunity on EURNZD for a few reasons: 1) Retest and rejection of demand zone starting at 1.7225 2) Bearish Wedge on 1H with strong Bullish momentum, still in a continued uptrend, confluence 3) On 15M strong minor support at 1.7243 4) D1 possible bullish wick fill Risk Reward: 1.83, TP1 and TP2 at beginning of supply...

UnknownUnicorn1541297

1. DXY falling 2. Retest of Bullish trend on 4H before continuation of bullish trend Be patient.... Upon the 4H candle close breaking out of the H4 Demand zone, look for long opportunities on lower TF.

UnknownUnicorn1541297 Updated 

In an ideal situation, price action would consolidate and bounce off the 200 EMA again, as seen @ .9932, and back up to retest the supply zone @ around .9958. We also have a confluence at this level as this price is where we see the resistance of TWO confirmed bearish trendlines. However.. I believe we will see one of two situations: -Price will be driven from...

UnknownUnicorn1541297 Updated 

Today the DXY has broken a minor resistance zone, indicating the dollar will go up. With its inverse relationship to GBPUSD taken into consideration with the following confirmations I see on the chart, you will understand why I took a short position. On the 4H I notice momentum has taken us down to the pre-established and confirmed 4H support level of .30302 as...

UnknownUnicorn1541297 Updated 

Hit support on 4H trendline. Had a bullish range to fill on 15M and a bullish flag on 5M. After breakout, momentum took price to supply zone. Tested and bounced.