meldixxn

meldixxn

PRICE SEEMS TO BE TURNING BULLISH ON THE SMALLER TIME FRAME. IF PRICE COMPLETRELY BREAKS OR CONTINUES TO SHOW BULLISH CONFIRMATIONS, I WILL ENTER AT THE 93.80 REIGION. RISK TO REWARD 1:4. 120 PIP REWARD

meldixxn

TP HAS BEEN SMASHED TOTALLING 120 PIPS ON THIS.

meldixxn

PRICE MAY BE USING THE PREVIOUS RESITANCE AS SUPPORT. CEILING TO FLOOR TYPE OF EFFECT, IF PRICE CONTINUES TO RESPECT AND APPEAR BULLISH, GO LONG FOR A BUY. 85 PIP MOVE TO THE UPSIDE REPLICATING THE PREVIOUS HIGHS. COLLECTING PREVIOUS BUY ORDERS.

meldixxn

IF THERE IS CLEAR REJECTIONS FROM THE 1.32000 AREA WOULD LOOK TO SELL FROM THIS POINT. R:R IS 20 PIPS FOR 120 PIPS TO FUFILL THE LAST SELL TO BUY CANDLE. LETS SEE HOW THIS PLANS OUT.

meldixxn

EXPECTING TO HIT TP.

meldixxn

see how this plays out...

meldixxn

ANALYSIS IS PLAYING OUT BEAUTIFULLY.

meldixxn

SPX500USD

meldixxn

FILLING 50% OF THE LAST SELL TO BUY CANDLE

meldixxn

On the 1hr and 4hr chart, price has done a break & retest of the trendline. Should see a fall to the downside of around 300+ pips.

meldixxn

AS STATED.

meldixxn

60 PIP MOVE ON EURUSD.

meldixxn

BREAK OF THE 0.786% AREA TO THE DOWNSIDE OF 260 PIPS+ SAW PRICE COME UP AND RETEST THE AREA AGAIN, ANOTHER POTENTIAL SELL OF 130+ PIPS.

meldixxn

Further progress to the upside. Potential to reach TP.

meldixxn

SEE IF THIS PAIR USES THE TRENDLINE AS SUPPORT TO CONTINUE ON THE UPSIDE.

meldixxn

FROM MY ENTRY POINT. 230+ PIPS IN PROFIT

meldixxn

ENTERING A DOWNTREND TO COLLECT THE LAST SELL TO BUY CANDLE.

meldixxn

FOLLOWING THE TRENDLINE, ENTERING FOR A LOW RISK TRADE TO THE UPSIDE.