ZaneBonanno

ZaneBonanno

After a rejection on the downside we finally have the momentum to push to the upside. Will it push all the way to 1.7256?? Let’s find out

ZaneBonanno

After a rally up the price is gathering momentum to push further up. It created a bullish flag

ZaneBonanno

After break out of the bearish flag we have a potential short entry. RRR 1:3 with a stop at break of structure. medium probability trade

ZaneBonanno

Anticipation of short sells to create a LL. We are looking more short positions to complete the downtrend channel

ZaneBonanno

Price may potentially drop to complete a bullish flag on a bigger time frame. Idea is to scalp the shorts before a strong bullish trend

ZaneBonanno

Idea is very simple. > Break out after double bottom formation > Double Bottom at Demand Zone

ZaneBonanno Updated 

After a series of failing to raise, we have the bounce at the bottom counter trendline

ZaneBonanno

A touch on the trendline could signal a bounce. On the 1H chart the MA's have crossed. On the long term (daily) it signals a bounce on the outer trendline

ZaneBonanno

waiting for confirmation candle stick after what looks like a rejection.

ZaneBonanno

If it rejects on the trendline we might be bearish.

ZaneBonanno

If the U.S economy recovers from last week losses we will have a bearish week.

ZaneBonanno

USA economy is looking to recover after dovish week. It looks like a retest for support around 1.55 and 1.54