Wallstreetacademy
AUDUSDWill be looking for:
Candlestick Reversal patterns on Exhaustion area
Crossing of MA's
Confluences
61.8 FIB
H4 Trendline
XAUUSD LongEntered Long after:
my exhaustion area/ resistance was broken and retested
plus more Buying Confluences.
No Set TP as it has reached its ATH
will exit after I see a 38.2 FIB break.
USDJPYWaiting on the following before entering;
Price to come back to Exhaustion area
Sellers exhaustion wicks
double bottom
Bullish Engulfing variations
Minor Counter Trendline break & Retest
MA's crossing on H1/H4
GBPJPYWaiting for My Confluences before entering
Retest, Downward Momentum, Cross of MAs, Bearish Engulfing etc.
USDJPY Currently in 2 Trades
Many Confluences to the downside
Will add more as it breaks the H4 Trendline and see the Downside Momentum
USDCAD Making a clear Retest of Structure on Daily TF
Wait for Confluences to downside before entering
Retest of Exhaustion
Bearish Engulfing
Wicks to the Upside
GBPJPY LONG BIAS TO 141.70REASONS:
-Monthly Timeframe candlestick is bullish
-Weekly Timeframe candlestick is a bulllish doji with seller exhaustion (wick at the bottom of candle)
-Daily Timeframe candlestick is bullilsh and the previous 4 candlesticks have sellers exhaustion (wicks at the bottom of candles)
- Lower Timeframes correlate with higher timeframes
My Purpose:
I am executing projections and trades that create generational wealth for myself and others.
Sidenote:
Always optimize. Your phones and PS4s update themselves , make sure you do that with your life!
Learning & Applying PRICE ACTION is key. Learning & Applying PSYCHOLOGY is the lock on the door !
USDJPY BULLISH BIAS TO 109.20 ANALYSISREASONS:
-Monthly Timeframe candle is bullish with a wick at the bottom (sellers exhaustion)
-Weekly Timeframe candle shows reverse head and shoulder pattern
-Daily Timeframe candle shows exhaustion from sellers and buyer (wick at top and bottom of candle)
-4HR Timeframe shows sellers exhaustion with doji
-Lower timeframes correlating with higher timeframes
My Purpose:
I am executing projections and trades that create generational wealth for myself and others.
Sidenote:
Always optimize. Your phones and PS4s update themselves , make sure you do that with your life!
Learning & Applying PRICE ACTION is key. Learning & Applying PSYCHOLOGY is the lock on the door !
GBP AUD SHORT BIAS TO 1.80559REASONS:
-Monthly Timeframe Candlestick shows Buyer exhaustion with a wick on top of this months candlestick , which is also bearish
-Monthly Timeframe Candlestick shows price in a consolidation zone between 1.85000 and 1.764000
-Weekly Timeframe Candlesticks also show buyer exhaustion with the last two weeks of candlesticks being wicks at the top of the candles
-Daily Timeframe Candlesticks show that price created a lower low , breaking the uptrend it was in
-4HR Timeframe shows that price retraced to the 38.2% level and that retracement was also at an area that was previously a strong support , now strong resistance. (1.81555)
-Lower Timeframe correlates with higher timeframes
My Purpose:
I am executing projections and trades that create generational wealth for myself and others.
Sidenote:
Always optimize. Your phones and PS4s update themselves , make sure you do that with your life!
Learning & Applying PRICE ACTION is key. Learning & Applying PSYCHOLOGY is the lock on the door !
NZDUSD BULL BIASREASONS:
-Monlthy Timeframe Candlestick is currently BULLISH
-Weekly Timeframe Candlestick is currently a wick and last weeks candle was a bullish wick showing sellers exhaustion
-Daily Timeframe Candlesticks show inverse head and shoulder pattern
-Lower Timeframes correlate with higher timeframes
-3 to 1 Reward:Risk Ratio SL: 0.628180 TP: 0.641133
My Purpose:
I am executing projections and trades that create generational wealth for myself and others.
Sidenote:
Always optimize. Your phones and PS4s update themselves , make sure you do that with your life!
Learning & Applying PRICE ACTION is key. Learning & Applying PSYCHOLOGY is the lock on the door !
