MatthewLundgren

MatthewLundgren

Flat top breakout and retest of previous resistance turned support. Wicks are showing rejection of this level, and should move higher. Stop loss under the wicks, take profit target around the last previous high.

MatthewLundgren

Flat top breakout on 15M timeframe. Setting SL under the 20 EMA, 9EMA is tight under the price, showing it should be a good breakout hopefully.

MatthewLundgren

My bias on VEN/BTC is bullish. Broke up through a bearish trendline, and broke through a resistance level. It is now sitting back at this level, which should act as a support now. First target is at the previous highs, for a gain of about 14%.

MatthewLundgren

Timeframe: 4H Confluences: Price rejected from a broken resistance turned support level on the daily timeframe, and also broke up through a bearish trendline on the daily. Price has now come back into a bullish fib zone that aligns with the retest of that broken TL. News: AUD employment data is due tonight, although most AUD pairs are coming into reversal areas,...

MatthewLundgren

Timeframe: Daily Confluences: Broke up through a bearish descending TL, and is now retesting that TL in a bullish fib zone and a retest of the previous broken high. A couple of big bearish days made up this C leg, but now it is showing deceleration in this possible reversal zone to go back up. It is also finding possible support in the 21/50 EMAs. 4h chart is...

MatthewLundgren

Timeframe: 4H Confluences: On the 4H timeframe, price broke from a bullish TL, and now wanting to enter in on the retest of the broken TL, which is also in a bearish fib zone, and a BRC of a previous broken low. Also, on the daily timeframe, price is in a bearish market structure and has rejected from a bearish 50% fib and TL.

MatthewLundgren

Timeframe: 1H Confluences: Price broke a bearish market structure on the 1H time frame, and successfully retested the broken TL. Now it has made a higher high, and is pulling back. It is showing signs of a bullish rejection from the golden fib zone. This retest also matches up with a BRC of the previous high. On the daily chart, we also see a pretty bullish...

MatthewLundgren

Timeframe: 4H EJ has pullbacked into a buy zone based on multiple confluences. Price is in a bullish market structure, and has now come back down to a bullish fib zone. This also lines up with a bullish TL touch, and dynamic support from the 50 EMA.

MatthewLundgren

Timeframe: Daily Confluences: Weekly timeframe shows bullish market structure, bullish cross of the 21 EMA over the 50 EMA on the daily timeframe, and now price is retesting this EMA zone as a dynamic support. Also, we have price in a bullish fib zone and showing a bullish TL bounce.

MatthewLundgren

Timeframe: 4H Confluences: Weekly chart is showing consecutive lower highs, which is a bearish market structure. On the 4H chart, entered in a bearish fib zone, also with a BRC of a major support level now turned resistance, plus a bearish 21 & 50 EMA dynamic resistance zone.

MatthewLundgren

Timeframe: 4H Confluences: Made a HH on the daily chart, and a higher low on the weekly, so bullish market structure is in play. Entered this 4H long on a bullish fib retrace, 21+50 EMA bullish zone support, and bullish TL support.

MatthewLundgren

Timeframe: 1H Confluences: On the 1H chart, price is at a bearish fib zone + a BRC of a support turned resistance + near a bearish TL. On the 4H chart, there is 50 EMA resistance, plus 21 EMA is converging with 50 EMA in a bearish manner.

MatthewLundgren

Timeframe: 4H Confluences: On the daily chart, the pair has made a clear higher low in a bullish fib area + a bounce from a bullish TL. Therefore I'm looking to go long on the lower timeframes. On the 4H chart, price has made a higher high, and now I've set the buy order at the 50% bullish fib zone, which lines up with a BRC of a resistance turned support, plus...

MatthewLundgren

Timeframe: 1H Confluences: On the 1H chart, price has made a new higher high. I've set the buy order at the 50% bullish fib which lines up with a BRC of a resistance turned support, plus a bullish EMA zone. On the 4H chart, price has broken to the upside from a consolidation zone. On the daily chart, price appears to be making a new higher low, after a retrace...

MatthewLundgren

Timeframe: 15M Confluences: 4H chart shows a bearish rejection from fibs + BRC of a support turned resistance. On 15M chart, we see a break of a support zone, and entered on the retest of this zone (although not necessarily a fib retest). Also EMAs and MA are clustering which should provide some resistance.

MatthewLundgren

Timeframe: 4H Market is in a bearish structure, entered the short position on a pullback into a bearish fib zone, with the addition of a BRC of a support turned resistance, plus an EMA resistance zone.

MatthewLundgren

Timeframe: 4H EU made a lower low, and is in a bearish structure on the daily chart. Entered in a bearish fib zone, 21 EMA resistance, and a previous broken support which should now act as resistance.

MatthewLundgren

Timeframe: 4H UJ Long, in a bullish market structure, entered at a bullish fib zone + BRC of resistance which should now be support + 21 EMA.