brianlfontenot

brianlfontenot Updated 

Looking at the daily time frame as our higher time frame reference, we see a distinguishable uptrend. We can note the higher highs and higher lows on the uptrend. Our entry time frame is the 1 hour time frame. Looking at the 1 hour time frame, we can see clear higher highs and higher lows. We see a potential double bottom that has formed. There is a key level...

brianlfontenot Updated 

Technical Analysis Trend Direction from Daily Time Frame: - We can see this in a ranging market. - Price looks to have rejected a daily support/demand zone Key Supply and Demand Zones from Daily Time Frame: - We have a demand and supply zone according to the trending market's supply and resistance levels Reversal Structure on 1 Hour Time Frame: - We see a...

brianlfontenot

Looking at EURGBP, we have a few confluence factors from our Top Down Analysis From a Daily time frame - There was a previous demand zone that was respected by price action - Price looks to be in a downward trend but could be starting a corrective wave - We see a potential supply zone that could stop the corrective wave, and thus it could go into a ranging...