erillmann96

erillmann96 Updated 

-WEEKLY 61.8% FIB -ENDING 5 WAVE DIAGONAL -MACD BULLISH DIVERGENCE - Major zone here will trap breakout sellers and early buyers liquidating their stops -Price action suggest this is a BEAR TRAP, Be careful sellers...

erillmann96

-Inverted head and shoulders on the 4hr time frame -Break of counter trend line -61.8% fib just missed -Weekly engulfing candle stick

erillmann96

0.77000 stop Entry in box

erillmann96

Chart speaks. 3:1 RISK REWARD HERE

erillmann96 Updated 

- Here is my placement of SL, ENTRY, TP

erillmann96

The NZDUSD is showing a stronger downside potential for 4 main reasons -Daily Supply zone being respected -Elliot wave ending diagonal pattern 5th wave has competed on 4 hour chart -MACD 4 hour divergence is heavy -A weekly 78.6 Fib suggests a corrective down move is immenent 3:1 RISK REWARD HERE

erillmann96 Updated 

Short @ just under R1 Stops @ 0.75950 Target @ S1 Nice RR here so its worth it.

erillmann96 Updated 

See previous post

erillmann96 Updated 

Shoring the Aussie on these confluences -Weekly 61.8% Fib -4 hour major resistance zone/double top -4 hour divergence pattern -Break of important T.L. on 2 hour timeframe

erillmann96

-PRICE REVERSED FROM DAILY DEMAND ZONE ONCE AGAIN -ENGULFING PATTERN ON THE DAILY SUGGESTS BULLS ARE IN CONTROL -BULLISH MA'S ABOUT TO CROSS -NEW QUARTER SUGGESTS THIS IS NEW TREND -GBPUSD WILL FLY ONCE A CORRECTION IS MADE. LOOKING FOR 23.6%-50% FIB CORRECTION TO ENTER THE TRADE

erillmann96

- 50% FIB REJECTED - 4 HOUR SUPPLY ZONE REJECTED 3 TIMES -TRIPLE TOP 4 HOUR -TREND LINE BREAK

erillmann96

OKAY SPOTTED THIS NICE RISK REWARD 3:1 ON USD/CAD -78.6% FIB -DAILY SUPPORT ZONE HOLDING -3 PIN DOJI REVERSAL PATTERN -I SEE OIL COMING DOWN AS THIS CORRELATION WITH THE CAD - TREND LINE SUPPORT

erillmann96

Spotted UJ trend change on higher time frame -2 hour setup A-B-C-D PATTERN FIB -NICE RISK REWARD HERE -SELL LIMIT YELLOW BOX

erillmann96

-AWAITING YET ANOTHER BULLTRAP GOING AFTER NFP WEEK TO SET THE EURUSD MONTHLY HIGH -COINCIDES WITH 61.8% FIB THE SELL LIMIT/ RESISTANCE/SUPPLY ZONE -BREAK OF THE T.L. LEADS ME TO SAY SOME BULLISHNESS TO FAKE OUT BUYERS WILL BE NEXT WEEK -MY LONG TERM VIEW IS BASED ON EUR WEAKNESS, USD STRENGTH, AND CHART CONFLUENCES SEEN TIME AND TIME AGAIN

erillmann96

- Double bottom on 4 hour and 8 hour chart broke down trend structure -Looking for price to retest the green demand zone that coincides with the 38.2% and 50% fib - Possible Cup and Handle pattern -USD Bearish across certain pairs -Seeing too many people shorting EURUSD, GBPUSD, AUDUSD. Careful sellers.

erillmann96

- 50% FIB PIN - BULLISH PENNANT -BULLISH MA CROSSOVER OVERALL USDJPY LOOKING HEAVY TO THE UPSIDE. LOOKING FOR A NICE 120 PIP UPSWING THIS WEEK. RISK REWARD MAKES SENSE HERE; NO ONE SHOULD BE SHORTING.

erillmann96 Updated 

IVE BEEN SAYING FOR 3 MONTHS THAT GOLD IS WEAK AND LIKELY HEADED TO $900 PER OZ BEFORE THE REAL GOLD RUSH BEGINS; ALL YOU GOLD HUNGRY BUYERS WAY TO GREEDY. CHECK MY PREVIOUS POSTS, I CALLED THIS SHORT LONG TIME AGO. -HEAD AND SHOULDERS PRETTY CLEAR ON THE WEEKLY CHART. -MA'S VERY VEARISH MOMO -T.L. BREAK - WAIT FOR THE PULLBACK TO SHORT

erillmann96 Updated 

- APPROACHING KEY DEMAND ZONE INTO FOMC -LOOK FOR A FAKEOUT DOWN THEN A MOVE TO THE UPSIDE