kennyspence

kennyspence

with price further breaking down the previous S1 recently, I anticipate the zone holding as a new R where as giving me a PEP. I now look for opportunities to short the pain to at least my POI finger crossed

kennyspence

hi guys, straight to the business and i will say it feels good to be back on this. Eurjpy gave a bearish vibe in the pass few week with what seems to be a double top at a key R zone that coincide with the freshest HH, but with price triggering back up i see the bulls targeting R2 if the manage to close above the Hh. finger crossed, looking to long the pair tho

kennyspence

Hey there, Guess who's back lol AUDJPY made a double top at the R zone after rejecting at the Rz , could have been a swift entry, well that's by the way We see price consolidating (back to our Fx 101 we can qualify price to be moving in channel which also may appreciate the double top formed), giving us a hint about a possible channel down for the bears. well...

kennyspence

PRICE having been in a descending triangle for months After price rejected earlier at our Rsl we see price once again retesting our WRTL PEP On a smaller tf (H4) we have a Rz above our PEP we look forward to the best time to short the pair Remember THE TREND IS YOUR FRIEND

kennyspence

To keep it simple, price may have shown bulls power in previous day maybe as a likely increase in EURO strength fundamentally Well I'm a technical trader that trade using WRTL (WICK REJECTION TL STRATEGY) i trade what i see so technically, price have broke pass the support (which is now the R zone) after leaving a wick at the Rsl zone and a retest have seen price...

kennyspence

My bias on EURJPY is 100% technical as i see price react to my RZ zone and coinciding with my S1 zone giving a PEP, i look forward to three wave of the possible bulls action A retest of the S1 zone could confirm my bias

kennyspence

Last week saw GBPNZD close with a Doji candlestick.... Coming down to this setup and why i will like to sell on an intra-day level is actually because price gave a rejection at the top in RZ multiple times and recently price is at the neckline giving a PEP i will look to wait for price reaction at the bottom ot the PEP with a sell-stop and there are three point...

kennyspence

Please the main setup was done on a WEEKLY Tf, I had to go down to as low as H4 to get into details and with the help of WRTL we could make other entries On a W Tf price is projecting high from the Ssl zone and we might see price hit the Rzone at the Intra-day tp position a futher hold can then be determined by the price action at that zone to get to R2 if not...

kennyspence

The first question i asked myself when looking at this pair technically is "Are we having a repeat of USDJPY detty decmber on EYRJPY" Price have stalled for several weeks at the S zone. we might have missed price at WRTL PEP but we can still key in to go long on an intra-day or swing level.I look to long this pair to at least the price of my shorter arrow. WRTL...

kennyspence

CHFJPY is an interesting pair that beat the mere buy and sell bias Recently price had been taking a spike action and seem to be choppy in smaller tf leading me to make an analysis on a weekly tf we see price obeying the Rsl over time and WRTL PSYCHOLOGY have price to atleast touch Ssl1 if at all price is to get back on top and it would need a plus pressure to...

kennyspence

Price currently in my WRTL PEP, after a reject at both the Ssl and R zone, price has the potential to fall to at-least S1 to Ssl zone then we can then lock profit and maybe prepare for a further fall in price to max fall in the S2 zone which chart psychology indicated that price from S1 had moved to S2 on larger Tf in the past

kennyspence

WRTL Chart psychology gave me hint that price should make it way to WRTL POI 1 with price showing a tweezer top at the R1 zone Then we observe price movement at that zone for a possible further fall of price to my final destination of R2 or POI 2 i look at price reaction at the opening of the D1 tf finger Crossed WRTL et God Grace

kennyspence

with price rejecting last week and once again earlier this week at the low of the previous week, we may see a retest of first the WRTL POI 1 then maybe a POI 2 which will give us a BOS in the coming week WRTL et God Grace Finger crossed

kennyspence

"IF" price breaks and retest the PEP ZONE we could see price push up to the max POI .... A scalping tp could be our PEP ZONE then we watch out for life in or after the WRTL PEP ZONE. Keyword: IF

kennyspence

If price breaks the neckline of the forming Inverted H n S we may see price test of the BOS zone on H4 we wait for price above finger crossed

kennyspence

Been a roller coaster on EURGBP in recent time and now price gave a WRTL entry at the Ssl, Shall we see a move to the Rsl? finger crossed

kennyspence

After the Ssl broke out back in December it seems the bears took offer but the retest failed leaving the price back between the Rsl and Ssl. Fast-forward to the New Year (Happy New Year Guys) price gave a "Tweezer Bottom at the Ssl which is a bullish price reaction (price action) at that zone. The overview is giving a Inverted H n S pattern which also give us hint...

kennyspence

Fundamentally this pair is complex because USD and CAD are having a breakaway in the market Technically too its not as easy at it seems to get a direction because chart psychology as given a triple threat position for the bears. From POI 1 to POI 2 to the S zone we can see price change course. we look at price action at each zones to hold or to close A possible...