THEFOREXDR

THEFOREXDR

Weekly- Range From 2021 to present consistent creation of lower highs between prices, 120.75-87.13, 67.20-64.50, and 41.25-49.85. Since the beginning of the year price has fail to break support at 19.40-24.50. In short price has failed to create new highs and lower lows, game stop is consolidated. Thesis- Potential for sell break out due to flat support and...

THEFOREXDR

looking to add on with the structural break around 108.300 to continue the bearish momentum. We must break this zone cleanly for the sell to be valid.

THEFOREXDR

4hour creation of lower highs play catch the micro breakout can potential see a fake out and price retest previous structure for liquidity reach.

THEFOREXDR

date Pair S1 R1 S2 Trend 4/20/2019 AUDJPY 79.884 80.700 8.537 UP TREND Plan: WAIT FOR PRICE TO PUllBACK to 79.884 level LOOKING FOR A CHANCE TO buy: 20PIP STOP LOSS, 60 PIP TAKE PROFIT, MOVE STOP LOSS TO 10-20 PIP PROFIT WHEN PRICE IS 25PIP IN PROFIT.

THEFOREXDR

DATE PAIR S1 R1 MID S&R R2 4H TREND 4/15/2019 NZDJPY 73.809 76.771 75.616 77.72 RANGE PLAN: BUY ABOVE MID S&R ENGULFING CANDLE CLOSE; IF PRICE CLOSE BELOW MID S&R WITH ENGULFING CANDLE SELL

THEFOREXDR

DATE PAIR SUPPORT RESISTANCE MID S&R 4/15/2019 USDJPY 110.165 112.138 111.24 4 HOUR TREND UP TREND WITH DOUBLE TOP AT 112.138 PLAN: 1H SELL AT RESISTANCE AFTER ENGULFING CANDLE CLOSE, WITH 20 PIP STOP CLEARING ABOVE RESISTANCE.

THEFOREXDR Updated 

Theory~ Dollar yen has ended 2018 with a Hail Marry to the down side, possibly signaling the momentum and direction for the 1st quarter of 2019. 1st play of the year, appears to be a deep pullback after hitting a major support and resistance zone. We could easily see price pullback and try to regain the 4000+ yardage lost in December, but with this pair...

THEFOREXDR Updated 

Simple price action Sell High set up

THEFOREXDR Updated 

We have established that the trend has changed to a bearish trend . I will be looking to take profit at the next support zone.

THEFOREXDR Updated 

Using higher highs and lower lows to determine the trend. We have established that the trend has changed to a bearish trend. I will be looking to take profit at the next support zone.

THEFOREXDR Updated 

Hey guys, looking at basic price action and fractals. I feel as if we have a prime opportunity for a short position. looking to take profits at 77.69. Using Fractals we can clearly identify bearish trend following lower highs and lower lows. Connecting our lower highs using the angle trend line we can now gauge the strength of the trend any angle between 30 and 45...