FalkenFx

FalkenFx

Long from current level up to the last Intra Key Level as the final Target. Confluences- Wick key Level, Trendline Retest

FalkenFx

In light of the big push down from the highs created earlier this year, there has been a three wave correction to the upside. Currently going short from this point of previous structure for +- 100 pips Take Profit.

FalkenFx

Confluences: Intra Key Level, Big 15000 Round Number. Target the first point of resistance, this is the key point for me to take partials, if it goes higher then I'll be targeting TP3. If at TP1 the Dax reverses, we can expect lower prices for further counter trend contrarian trading opportunities. From now on my focus of Posting will consist of my highest Win...

FalkenFx

Fundamentally Oil is still bullish with no significant lower high been made yet, there could still be room for more upside. Looking to take a long off of the trendline, coupled with the confluence of the H12 50MA retest and the 38% Fibonacci from the last major impulse for some decent upside potential. Trade Safe, FalkenFx.

FalkenFx

Looking to buy EURCAD off of the Daily/Weekly Key Level at price 1.45. Max Target at 1.458 as we have made a previous lower high indicating we could be going lower, in the longer term. Later traders

FalkenFx

Looking to buy gold form the 1925 key level. At this level there is also the 38 Fibonacci level present, a good point in structure on gold for bullish momentum to kick in. Simple trade trade idea with two strong confluences backing it.

FalkenFx

Looking to sell gold at 1948.6. Selling here due to the 61 fibo, and the fact that the previous fib level was breached gives me a reason that this level may work. We have the key level 1950 also being a psychological level for gold. Looking to hold down to the Daily 50MA.

FalkenFx

US30 is currently on a weekly trendline third touch, around a round number and has H12 Hidden Divergence on this area. This indicates a buy for me on this current level. SL below the round number and targeting just below the 34500 price level.

FalkenFx

Looking to buy GN from the round number and 38% Fibonacci from the last big impulse. Round numbers with added confluences work well with this pair, may line up with GJ & GA (If also on strong levels) later today or tomorrow. Later Traders

FalkenFx

Break and retest of a weekly timeframe trendline, plus we have a key level lining up on the trendline. Buy is taken from the 183 area. Look for alignment of other main GBP pairs for a higher probability set up. Stay frosty traders.

FalkenFx

Trendline retest, plus having the round number of 1900 near this makes for a good reversal zone. Trading up to the 1920 area.

FalkenFx

Short Idea on UJ off of the round number. SL 38 pips from entry and tp at 144 Confluences: Previous KL | Round Number | TDI H1 Sharkfin Selling to next support

FalkenFx

Enter off of the Weekly 100 EMA around 1.25500 area of support. SL at 50 pips Full TP around 200 pips Confluences- We have the weekly 100 EMA as a heavy support area, on the weekly timeframe cable is bullish, therefore this move plays with the trend. I previously posted for a reaction around the round number but, due to two 100 ema's (daily and weekly) being...

FalkenFx

Gold has broken the bearish trend by making the highs at 1987, it has now pulled back to the 61 fib. Longing gold from 1935 with 2% risk. TP 1 is 1948, TP2 1975, TP3 1995. From here I will use a running partial position to cover a short from 2000 zone.

FalkenFx

Oil currently bouncing off a key level of structure, with a trendline third touch. Bias is for Oil to slump from this point at least to the 200DEMA.

FalkenFx

Buying EURAUD from this level, we have the 38 fibo as well as hidden divergence on the daily and H12 timeframes, plus the round number confluence and 50MA on the daily. All giving good buy signs. Targeting the next S&R level around 1.63877.

FalkenFx

Short EURJPY from 146.6. Previous high and alignment possible to a few other JPY pairs which could give a nice short back to the previous rejection area created.

FalkenFx

Aligns well to EURAUD for a sell at the previous highs, both are big areas of interest. We have the end of the Elliot wave here on EURNZD so considering these confluences, it aligns well for a sell for me.