fxlevelz
EssentialBeginning of the year indicates new cycles. Be careful shorting but all signs point to the downside. Confluences include 3rd touch of the trendline, H4 SNR, 78.6 fib, H4 engulfing, H4 50 EMA
Price is in Resistance zone and hitting 3rd touch of the trendline. Also 50 EMA + 50 fib in confluence
Price has consolidated in SNR zone for the past few days. Creating a double top and a break of a counter trend line. Shorts incoming
Risky EOM & EOY trade. Looking for a continuation towards the upside. Price looks like it's rejecting off the H4 SNR zone with a trendline and psych level as confluence
Price in resistance area, forming a H&S of a H4 bearish trend. Given the fact that it's nearing EOY, this is deemed as a more riskier trade
Confluences: Daily Level 38.2 156 Psych 4hr retest on trendline This is a calculated trade as it's nearing the EOY.
Took longs on GBPCAD. Price came into a demand zone. Double bottomed with a H4 engulfing. Looking to aim for the - 62 for a 1:3 R:R. Will look to manage trade once price hits the 0 and -27 fibs
Because we are closer to EOY, trading is generally more risky. But looking at longs on GBPAUD now. Confluences: - 2.00500 - 50 fib - H4 SNR - H1 Double bottom & retest on neckline
Looking to aim lower for NZDCAD. Confluences: - 50 fib - H4 SNR - Break of H1 Trendline - H4 Break and Retest of Trendline - 50 EMA (Price pierced through a little but ultimately looks like it's rejecting) - H4 Double top End of Year trade so could be a 50/50 toss up but all signs point downwards, so lets see how this plays out.
Active trade. Got in at NY session. Decided to publish an idea after. Aiming for the -27 TP
Price bouncing off weekly support level. In confluence with a daily trendline, daily 50 EMA, and 38.2 weekly fib DISCLAIMER: This is not a signal and should only be taken at your own risk
Price is still bullish on HTFs and hitting weekly support in confluence with a 78.6 fib, Daily trendline and Daily 50 EMA DISCLAIMER: This is not a signal and should only be taken at your own risk
Becareful as monthly candle will be closing soon but this is the play for next month. Price is rejecting off the weekly level and also the 0.7000 major whole number. In confluence with the 50% fib, Daily trendline and the Daily 50 EMA, price looks primed to continue bearish momentum to the downside DISCLAIMER: This is not a signal and should only be taken at...
Price is making HH/HL on the HTF and is now retesting the 1.4800 Psych level w/ Daily support which is an equal low. 4hr wedge pattern indicates price can move higher. DISCLAIMER: This is not a signal and should only be taken at your own risk
HTF Analysis. Price hitting Weekly Support zone. 4hr HH, now looking for LH to long this pair. Hitting 78.6% fib with a Daily support, and a 4hr trendline. DISCLAIMER: This is not a signal and should only be taken at your own risk
Price hasn't shown signs of bearish momentum. Retesting 85.00 psych number, 38.2 fib, 50 and 100 EMA, 4hr key level. Price is also printing an inverse H&S pattern, indicating potential upside pressure. DISCLAIMER: This is not a signal and should only be taken at your own risk
Price is consolidating in a rectangle pattern. Looking to long off the bottom of that rectangle. Confluences are 38.2 fib, 50 and 100 EMA, 1.3600 psych level, 4hr key level DISCLAIMER: This is not a signal and should only be taken at your own risk
USDJPY broke above 135.00 and now retesting 38.2 with 50 EMA. I feel there are more upside pressure as price isn't any bearish signs and price is the highest it has ever been since 2002. I like the long on this pair. DISCLAIMER: This is not a signal and should only be taken at your own risk