AdamWiIson

AdamWiIson

Currently at a strong resistance level on the Weekly. been respected multiple times however price has been in 'no mans land' for a while on this pair. I think it looks to have enough momentum to break this level finally and reach up for the monthly resistance. Be interesting to see how this weeks candle closes. Will we see a clean break before Friday? Any...

AdamWiIson

Similar to set up to UJ post prior to this. waiting for a 3rd bounce at this order block level and if a close above occurs, I'll be entering. strong weekly level at 1.144 that has been respected 3 times too. Currently at a monthly support level too so if this all holds I don't see why I my bias shouldn't be long. Any questions PM me.

AdamWiIson

Descending trendline in light blue been respected 3 times (Hence 2 and 3). Breaker zone highlighted in light blue been respected 3 times too and this makes me heavily bearish UJ. Big void to fill to the monthly support level which has untested lows too. 100s incoming? I will look for an entry on this pair. I missed the optimal entry in dark blue zone just because...

AdamWiIson

Explanantion of Analysis in text. Pay attention to light blue lines and light blue text for explanation of Fib, thanks. Any questions PM me.

AdamWiIson

0.5 fib (MY entry level 1 criteria) lining up with a nice breaker that has previously been rejected. If daily candle closes above this area again then my bias is long. Would not shock me if it moves further down to 0.618 which also coincides with a key level resistance. Heavily bearish on the weekly so it is a risky trade.

AdamWiIson

Not entering this yet because it is not at my 0.618 level although I may miss it because of that nice reaction recently off the key level. Interesting set up which is worth posting however so...

AdamWiIson

0.618 fib lining up with a key level. WIll be monitoring this for sure. 2R potential

AdamWiIson

Ascending trendling previously acting as resistance now looks like firm support. I think this may be going down. Changing my bias on cable too as a result.

AdamWiIson

Got the 0.618 level marked out which has already been a key level, breaker highlighed in light blue also adds more confluence. Key level/Fib long set up/breaker on said levels. 3 reasons for me to have this level marked out for a potential 2:1 R. (Apologies for the lack of posts lately, been really busy but will be posting from now on)

AdamWiIson

H&S successfully formed. Break of the neckline/resistance and there is a huge void to fill down to 0.67000 Eyeing this up. Here is a link to my recommended broker GKFX, £300 risk free upon initial deposit £500, brilliant incentive for new traders: bit.ly

AdamWiIson

Eyeing up this level on AUDUSD, feel it may bounce here but if it breaks cleanly I'll flip bias to short upon a retest.

AdamWiIson

Late with this long however I am currently in this position based on the chart here, Descending resistance cleanly broken on the daily with a strong rejection of the key level highlighted by the light blue 'zone'. I entered based on this rejection and feel we have huge upside potential up to 118s

AdamWiIson

This is worth a short from this level for me. POC highlighted by the blue line has previously acted as resistance. Price has since broken through this level but has quickly settled back below. I am in short now with my Stop loss above the latest high, the high prior to this one has been taken and this may just be price reaching liquidity before a big move down....

AdamWiIson

There has been a range within this pair over the past couple of weeks that seemed pretty obvious to ride, price action has been strong for longs at support and shorts at resistance (Big big rejections..) We can also see this pair has been forming a wedge within this range. I am looking at these levels however I am still unsure on my overall bias. Pros for shorts...

AdamWiIson

Do not usually use trendlines however I like this descending channel on Gold 1H which coincides with my fib, entry looks to be good at .168 as this is being respected. My favourite entry point. lets see if the breaker highlighted in light grey can hold slightly above this level. I am in.

AdamWiIson

Key area right now, if it holds I am predicting the movement shown on my short by the arrows.

AdamWiIson

Breaker now resistance. Lined up with 0.618. USDJPY is going to 101.000

AdamWiIson

Worth a go, huge void there and this order block is being respected heavily going into NFP. I am in! (Oh god...)