KingWenz84

KingWenz84

So I didn't see an entry pattern for the long off of the demand zone but we are obviously seeing a pullback. The lack of entry for the long makes my think the pull back will be limited. I will look to short again off of the supply zone if I get an entry signal. A break of the demand zone will be crucial for the continued bear move. If we see it break the supply...

KingWenz84 Updated 

So with Gold we have reached a 4hr OB which also coincides with the resisting dynamic trend. I will be taking this back down to the lows of 1935, however I see it going down to about 1900. My thinking is that we will see some sort of Elliot impulse wave so you should have plenty of time to add to the trade or take partial profits on the way down. I will post...

KingWenz84

So this is just to support my idea just posted on the hourly TF. I have shown the area I feel this will go down to

KingWenz84

So we are obviously bullish on BTC and appear to be respecting Supply and Demand. Therefor I am going to take this back up to the local high from here

KingWenz84 Updated 

So we are still bearish on Gold, We are seeing a slight pullback. I am expecting the next bear move to be triggered by one of these areas of Supply.

KingWenz84 Updated 

So we are approaching my target area for the 1st part of the trade. I will now be watching for a reversal pattern on the lower time frames. I will not enter a long until I have confirmation.

KingWenz84 Updated 

So we have completed the move from the triple top bring the price down to just below the 1950. A the moment I have a short from the supply zone back down the demand zone below. Once this has hit I see Gold going bouncing back up to create an Inverted Head & shoulders pattern, If this happens pattern completion should be around 1985. If this does we need to be...

KingWenz84

So this is the sort of price action I am looking for over the medium term. This just gives me a sense of direction to trade with on the lower time frames

KingWenz84

So this is my thinking on AUDUSD. I will enter the trade when/if we break the neckline of the H&S. I will then take this down to the 4hr OB where I will long. All if the price action is looking favourable.

KingWenz84

So this pair appears to be trading within a ascending wedge on the 4hr, I expect one more push up before a break to the down side. on the 1hr we appear to have formed an inverted head & shoulder pattern which we have broken out of and are in the process of re-testing the neck line. once this re-test is complete this will give us a good chance to go long, once we...

KingWenz84

So I realise it's been some time since my last idea. So here's one: After NFP and the spike down on this pair I'm going long back up to the area of resistance. I think it will then come back down and break this dynamic supporting line, however lets cross that bridge when we get there.

KingWenz84

So this trade is not quite ready yet however I will set a buy limit at the shown level. This is a classic pattern so I am pretty confident in this trade, just patience for the entry

KingWenz84

So this idea is similar to me EURNZD idea. However on this we have a nice pin bar rejection off of the top of the contracting triangle, this will obviously depend on how the daily closes. If we close in this area or below we could see a nice bearish move tomorrow.

KingWenz84

So on the $ I am seeing a clear bullish set up. We have broken through and tested several levels of dynamic resistance including the last high. We also have a big gap to fill (shown in Green). To me this is a very bullish structure.

KingWenz84

So this is my idea for EURNZD. We are trading within a bearish channel and are in the process of creating the E leg. once this has happened I see this going Long to the shown area of resistance

KingWenz84

So my previous idea of the long and short is still in play. This pair came down slight more than I expected so I am going to try another long from here. I have labelled the chart with the relevant points to take note of, but the bounce off the fib level is clear to see.

KingWenz84

Following my short idea I have just posted, this is my small long to take this up to my sell level. just off a simple break of resistance turned support.

KingWenz84

So this pair has been bullish for the past few months however we are approaching an important level which we will need to keep an eye on. I have a small long with a TP at 1.373. From here I will try a short swing with a small entry at 1st and then add to it as we go.