Downtrend Prior ranging market Fractal Break Alligator open and widening
Prior Ranging Market Break of Fractal Alligator Opening
Round Number Support tested 3 times prior Alligator crossover Fractal Break
Price has been flat Price broke lower fractal below alligator Alligator jaws opening Price rejection off the .382 retracement on daily timeframe
AUDUSD has been moving in a bullish channel Price looks like it will test the weekly channel support, which has confluence with 1.272 extension This could see a turn for the pair
Monthly 1. Crossed bearish Weekly 1. Bearish 2. Rejected off R zone confluence of 20 EMA and .382 fib retracement Daily 1. Bearish candle from R zone 2. Last candle closed below 20 EMA There is a monthly support zone at 82.179 which we need to watch and price retraced back to the same level from the previous swing low, but each time it gets to this price...
If the daily support fractal breaks, price is likely to test the support level confluence of weekly 20 EMA and daily 0.382 Fib level. This can be a setup for a push higher Monthly 1. EMA’s Bullish 2. Price broken previous fractal resistance 3. Next resistance confluence with .272 extension Weekly 1. Price has moved away from EMA’s 2. Moving back to EMA’s from...
If price can't break through to the upside at this level, then a break down could go to 0.91 900 and then 0.89590 Monthly 1. EMA’s are bearish 2. Price is now at confluence of previous month high and 0.5 Fib retracement from January 2018 Weekly 1. Descending channel 2. Price has moved off the channel support 3. EMA’s are bearish 4. Price is testing the 20 EMA...
1. You can see from each of the highlighted zones, starting in September 2015 (A.) the pair has made lower highs and lower lows (B. and C.) 2. Mid September to mid October there was price compression, where there was a lower high, but higher lows as well until the breakdown on the 22 October forming a new low (D.) 3. Price retraced to previous structure at...
1. Pair has shown very nice Price Action 2. Price is now approaching previous support turned resistance 3. Short trade would be with the trend 4. Price will probably find support at 2.000
Price broke out of the huge range between June and October Created a new structure low in November Pushed back and tested the previous support turned resistance Has not set a new structure low, but some interesting aspects on price action here -Price fell back into a range in line with previous support -After a single day move up to the .5 Fib level, had a...
There was a nice break below support on Friday. In line with the recent short trend, would like to see a retest of support and then a good Price Action trigger. Trade can deliver an RR of 1:3 to 1:4
1. There has been a strong upward move since September 2. Previous candle has shown bullish rejection at previous structure 3. 1:2 Risk / Reward ratio and more if price breaks resistence If price does not hold here, then high probability it will test 0.90 before upward continuation.
1. Price has broken below a support level 2. Price has now retraced and looks to be testing that level. 3. Look for Price Action validation for a short entry at this level
Price looks like it will test 56.25, RSI is oversold, so a correction is due. If this resistance holds, then 38.71 is the next support.
Good downward momentum Price bounced off the .382 Fib level, with 150 EMA confluence
No rush on this one, wait for trade to come to you. Idea is labelled in chart Prefer scenario A as %R is below -80, so expect more bearish momentum in the short term.
1. Weekly, Bullish, price currently testing fractal support level 2a. Daily, although it broke through resistance, since then price has steadily retraced. 2b. The pin bar and bullish engulfing did not touch the bottom of the zone, or the 150 EMA, this is also a .5 Fib retracement level With the lower highs and lower lows and %R below -80, looks like price will...