On EU we see a clear level of support on the Weekly TF for about 11 weeks. On the H4 we saw a clear break of structure and complete 110% retracement. Many would have probably thought a break of structure to the downside again but no. On the daily it just showed a tested candle. Beautiful. Let's continue the bulls. I see price heading to make a new HH around...
Right now I am up 60 Pips on GJ, I am just looking for this level of Support to be broken and I am going ALL IN to the downside. TP at 140.777 which is my Monthly Key Level. This is a safe TP of around 350 Pips. Next TP after that is a long 1200 Pips :)
As we can see we have the break we have been looking for on the M30. Lets get the retest of the broken structure on the M30. Wait for the Bearish engulfing around 38.2 to 61.8% Enter sell.
GJ has been a downtrend on the Daily TF for a while now. The market has been on a strong retracement to the upside on the H4 TF. After pulling out my fibs I see price is currently at 61.8%. Scrolling down to the M30 TF I see that the market has found a level of support that I believe will be broken. After pulling out fibs from the HH to the L on the M30 I see...
Here we see there is a level of support and resistance on the H1 If price breaks through to the upside my whole analysis would have to be altered... Mostly because my focus is where I see price on the Daily and H4 on a downtrend. I believe that support is what will be broken, and if so... Profits galore! Lets see.
We see now that AU is holding a level of support on this H1 TF. If we see a M30 but def a H1 candle close under here I see the continuation of LL and LH on the H1 for a far out TP in the future. Lets see.
If you were to watch my last post on EU you will see a full explanation of why I am bullish on EU. We have been looking for EU to retrace so we can find another entry on EU. We finally see the beginning of the retracement. Being the fact that the Bullish action is so strong I do not see price pulling back more than 38.2 on the fibs but my target for the...
If you were to look, it may seem that price broke this Monthly Key Level at 1.13 BUT if you look closely you will see that the market on the Weekly TF actually throws wicks and holds it as a level of support. I felt strongly that the market would still hold that level of support and continue the movement of the upside and I see this to be the start. Watch the...
What we see here is the H4 has been making HH/HLs and now has found a level of support on the M30 TF. We finally received the break out that we have been waiting for. The continuation of the Uptrend on the H4 continues. My target is -27% on the Fibs tool. Get the full breakdown on YouTube.com/fxpronow or www.fxpronow.com