TBonch

TBonch Updated 

USDJPY showing some fib channel confluence and previous zone in which a large supply candle broke out of which gives me extra confidence in a short opportunity coming.

TBonch Updated 

On a larger view we can see CADJP has been down trending, but since rallying, last week and has now broken out above a key zone I believe we can expect price possibly pushing to previous highs and give us a 50% of breakout candle/retest of previous highs as support to give a great buy opportunity to the upside given a price action reversal as entry confirmation.

TBonch Updated 

We can see here GBPAUD has made new lows, broken the long term trend line and rejecting at the resistance zone to find confluence with the 38.20% Fibonacci level giving a sell indication. Confirmation for trend reversals: Trend line break Support/resistance break and retest Fibonacci level retest 38.20% - 61.80%

TBonch Updated 

GBPNZD has now completely retraced from the last push to the upside, Gbreaking a key zone and forming a neckline to give us a potential head n shoulders early entry. With Fib clusters at the entry zone and notice the large supply candle it is also 50% giving us a strong confluence sell target area in the market for a continuation to the downside. To add confidence...

TBonch

EURNZD has been descending inside a channel and has now given us a double top in a key zone. The MACD is giving us confirmation with hidden divergence signalling a continuation followed by double top exaggerated divergence. I would love to see a retest with price action confirmation to enter the trade.no retest no trade. Take profits are set to fib extension levels.

TBonch Updated 

Long Confirmations: Gartley D Point Reached Channel support confluence Previous Key Zone. MACD DIvergence

TBonch Updated 

Long confirmations: Channel confluence with support/reversal zone Third Trend Line touch for confirmation of valid trend Multiple touches to the channel top side indicating a break will happen soon

TBonch Updated 

Confirmations to Short: Confluence with Monthly Channel, key zone, Harmonic TP1 completion. Rejection of zone impulse Correction Possible exhaustion wave forming

TBonch Updated 

Confirmations for trade: The market will always give back 50% of a large candle. Looking to take the market to extension levels Wick rejections at fib levels for entry confirmation

TBonch Updated 

We can see US30 rejecting key zone.Looking for it to retest previous lows and give a retracement to previous zone

TBonch Updated 

Confirmations for short: MACD Divergence butterfly extension completions Bearish pinbar fib channel confluence

TBonch Updated 

Confirmations for short: MACD divergence Butterfly Extension completed Bearish pinbar Fib Channel confluence

TBonch

Confirmations for long: Daily double bottom Support break and retest Daily engulfing candle forming out of support

TBonch Updated 

Confirmations for Short: Entry Zone rejection at bat D point 61.8% fibo zone Previous Key zone Larger time frame impulse correction

TBonch Updated 

If price does not break to the downside and with this potential flag pattern, Could be Seeing a Push to the upside to Find Long term trend line, to make a Bat Pattern and find confluence in the market to continue to sell

TBonch Updated 

With gold Breaking its long term trend line, This cypher pattern is a nice potential buy opportunity into a long term sell for the trend break and retest of resistance matching with Fibonacci levels for a reversal.