wolneymammth

wolneymammth

Hey Guys! So this pair (it can be argued) just went through a really messy Head + Shoulders pattern. That confluence with this 3point Bearish Wedge makes me think that this pair will collapse further towards 0.83554, and most likely even lower towards something like 0.82. All of this is combined with the fact that the Euro is/has been/will be seeing more...

wolneymammth

Hey Guys, So this pair is in a bearish structure, and the most recent two candles have given us an opportunity to go short. On the 23rd, there was a strong bearish inside candle, and on the 24th, there was a strong pin-bar candle. this confluence, combined with the structure and the approaching short term support make me think that this will break much lower in...

wolneymammth

Hey Guys! So this pair is approaching an important support price level @ 1.38327. While I would normally an approach of a price level as an occasion to look for a price reversal, in this case I am looking for a break in structure. On the 23rd, we saw a bearish inside candle, and on the 24th, we saw a STRONG bearish Pin-bar. Because of the confluence of these...

wolneymammth

Hey Guys! So this pair has seen some interesting megacycles in the last year and a half, and it has just bounced off of a massively important support level @ 1.37107. I'm longing this pair into the lower time frame trend line for the time being. It remains to be seen how the price action will react to the long term trend line - it will most likely respect it and...

wolneymammth

Hey Guys, So this pair has obviously broken its trending range, and after some consolidation, I expect this to fly lower. You can get in now if you want a bigger stop, but I'm planning on getting in after some retracement. Look for an entry around 111.615 and a TP of 109.894. Trade Well. -AW

wolneymammth

Hey Guys! So this pair is poised to break higher due to the current price structure, decent price rejection, and encouraging strength. I'll be looking to get in when the price bounces off of the trend line, if not sooner. Watch this one for strength. I'm looking for an entry around 0.76472, and an exit around 0.77379. If the price breaks higher than 0.77379,...

wolneymammth

Hey Guys! So this setup is formed off of the basis of decent price rejection, weak strength, and a strong bounce off of a RELIABLE trend line. This weakness is also mirrored by similar weakness across almost all AUD pairs, some of which are also bouncing lower off of a trend line. This overall AUD weakness, leads me to the following trade: I'm expecting to short...

wolneymammth

This one is simple. If the price breaks above 1.07087 and finishes the day (NYClose; 4pm) there, then this will be a confirmed breakout, which will result in further upside. I'm looking for a breakout to 1.09244, or a retracement to 1.05718 based on fibs. Trade Safe. AW

wolneymammth

This trade has taken forever to develop. The Hekin Ashi Candles suggest a completed retracement pattern, while the price action has finished a breakthrough and retest of an important price level. These factors, combined with the appropriate RSI - primed for a breakout - are all positive signs. The confluence of 3 important factors, plus the overall strength of...

wolneymammth

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