chavezallen

chavezallen

GBPJPY BUY CONFLUENCE TO THE UPSIDE AS IT MAKES HIGHER LOWS

chavezallen

Based on my confluences, I expect the market to push to 109.110 where I will observe the next move accordingly in an effort to clearly identify key areas of profit taking or re entry based on momentum and reaction at each individual area of interest.

chavezallen

USDJPY: BREAK & RETEST TARGET 113.630 RESISTANCE STOPS BELOW STRUCTURE LOWS

chavezallen

AUDCAD: DOUBLE BOTTOM STRONG SUPPORT FREE SPACE FOR TARGET STOP LOSS BELOW SUPPORT

chavezallen

Up we go for GJ, we shall see a wick fill of the green area above as indicated on the chart

chavezallen

THE TREND IS VERY BULLISH, TOO BAD I EXITED EARLY. I AM LOOKING FOR A HIGH PROBABILITY ENTRY AFTER THE BREAK OF THE GREEN BOXED CONSOLIDATION ZONE.

chavezallen

STRONG ACCUMULATION BELOW RESISTANCE. WAITING FOR A BREAKOUT.

chavezallen

CONFLUENCE: 1.PRICE MADE NEW LOW 2. 38.2% RETRACEMENT 3. TARGET SET AT 148.270

chavezallen

We are at near term resistance. I observe a head and shoulder being formed. I will watch and update as this plays out.

chavezallen

CONFLUENCE: 1. BULL FLAG COMPLETION @ SUPPORT 2. 61.8% RETRACEMENT 3. TARGET SET AT 153.184 4. ENTRY @ BREAK OF RESISTANCE (RED UPPER TRENDLINE) 5. STOPS BELOW SUPPORT (RED/GREEN)

chavezallen

We shall target the 150.000 area. Price has broken out of consolidation support to the downside. I will wait for a retest of prior structure before entering this trade.

chavezallen

CONFLUENCE: 1. Price ranging between Daily res 1.8300 and Daily sup 1.16670 2. Overall trend is down, momentum show strong bearish rejection of 4hr zone 1.18010 which could possibly be a supply zone, will retest before going further down to 1.16670 3. All zones are in line with fb areas i.e 4hr resistance (1.18010 ) aligns with 38.2 fib and 23% fib levels...

chavezallen

CONFLUENCE: 1. Price is above monthly support 110.680 2. I observed weekly higher low formed above daily support113.050 3. Price Is still bearish but approaching green trendline very bullishly 4. We could see a break above as resistance is very weak now. OR we could see a double top formation, retest of resistance then a fall in price. 5. We shall wait for a...

chavezallen

Confluence: 1. Strong bullish breakout above 1.46520 daily support. 2. Observation of higher lows on 4HR timeframe becoming eak. (TRADING TF) 3. Observed ascending broadening wedge pattern on 4 HR TF. 4. Waiting for a break below 1.46520 daily support before entry. 5. Wait for market open to observe price action at blue area

chavezallen Updated 

LOOK LEFT

chavezallen Updated 

USDJPY SELL OFF TO COMPLETE GAP FILL

chavezallen Updated 

Confluence: Look left, everything is shown, price moves in waves and based on structure.

chavezallen Updated 

GBPUSD SHORT 1.33400 NEXT: CONFLUENCE: LOOK LEFT FOR STRUCTURE AND INDECISION FOR : 1. TARGET 2. ENTRY