enriqueg1013

enriqueg1013

I started to watch price volume into big consolidated areas. It confluences with 0.618 retracement. I will manage trades based on daily and 4H levels. DXY may get some strength.

enriqueg1013 Updated 

I will enter on a 4H time frame support showed in the comments below

enriqueg1013

If price breaks and "closes" under the 4hr support trade will be invalid.

enriqueg1013

I observe HH & HL, breakouts will confirm the upside.

enriqueg1013

Trade in the consolidation zone in the daily

enriqueg1013

For personal reference. My observations generally in GJ. Levels based on the D and 4H.

enriqueg1013

If price breaks to the upside it will be a high probability to be just a retracement (liquidity grab) for bearish trend continuation next week.

enriqueg1013 Updated 

Some fundamental uncertainty in Europe may weak GBP pushing price down continuing over all bearish momentum in the last month, targeting lower wicks of previous months in the monthly time frame.

enriqueg1013 Updated 

A little fake out in Asian session. High probability when price spikes out of the consolidation zone it will break on the opposite direction. Let's see what happens.

enriqueg1013

Waiting for interest decision today which could be set the same causing NZD to weak.

enriqueg1013

I always consider weekly and daily candle closes for areas of interest to attract price up or down.

enriqueg1013

Expecting some DXY strength to push the price higher. H&S on the 4H time frame

enriqueg1013

Break and retest

enriqueg1013

If price breaks current daily we can see a bullish momentum to complete a H&S pattern.

enriqueg1013

AUDNZD will potentially retest the 0.382 or 0.618 levels after last bearish impulse. It will need to break the actual consolidation zone to complete its way. I like the coincidence of the fib levels with market structure of the 4H time frame.

enriqueg1013

breaking structures

enriqueg1013

High probability for next week. I will wait after NFP result.

enriqueg1013 Updated 

Will follow price action each day. Overall bullish trend. Economy optimism weakening JPY safe-haven currency.