bostickfx

bostickfx

• Price is in D1 downtrend with a pullback & bearish engulfing rejection of .7200 level. • Price broke .7175 H4/H1 support area and is coming back for a retest. • Expecting a retest of the .7175 area before continuing the bearish run. • 1st target will be .7130, then .7100 and potentially even lower. • Several confluences are present, such as H4/H1 50ema and pivot.

bostickfx

On the daily, price showed a massive bull run from Aug 21-29th with overextension to 115.00 key resistance and a small double top. The 4hr shows a range breakout and retest along with a 50ema break and retest at 4hr resistance and 38.3% fib. The 1hr shows a downtrend forming along with a break and retest of 50ema and 4h/1h resistance. Profit target is at the 1hr...

bostickfx Updated 

Price showed a strong rejection of the Daily resistance area around .7950. Expecting further decline to next area of support at .7775. Simple break & retest entry with multiple confluence factors. Reward/Risk: 1.25:1

bostickfx Updated 

Uptrend on M, W, and Daily. Buying at Daily & Weekly demand expecting price to rally to $90 long term.

bostickfx

My long term bias on USDJPY is BULLISH, however, we may see a BEARISH run before the rise. My technicals are suggesting a fall to the weekly demand zone below the 108.00 area.

bostickfx Updated 

With a bounce from the Daily and 4hr Demand Zones, I'm expecting USDCAD to move higher into the 1.3200 region where our Weekly Supply zone is located. Price action is showing clear signs of bullish momentum with HH and HL being created along with a 3rd bullish trendline touch on the 4hr. Simple 1:2 trade with an entry after the bullish engulfing candle on 4hr.

04:11

bostickfx

Expecting bullish price action based on Daily Demand Zone and Daily Uptrend moving into Weekly Supply Zone + Bullish Trendline.

bostickfx Updated 

Price reached my pending short order and has been activated at 1.2400. Price has already begun heading south from the Daily and Weekly Supply zone. Expecting price to continue falling; targeting the 1.2240 area right before the Daily Demand zone below.

bostickfx Updated 

Price has reached a Daily and Weekly Demand Zone. With a bit of over-extension showing, I'm expecting price to pull back into the 1.2700 area where there is a 4hr supply zone. A triple bottom has also formed on the 4hr.

bostickfx Updated 

After taking UJ long for a nice win, I'm looking to sell from the 1hr supply zone & 50 ema confluence. Expecting price to move lower towards the 4hr/Daily ascending trendline and 4hr/Daily demand zone.

bostickfx Updated 

If we can get a retrace up to the 1.2825 area, I'll be looking to sell down to the 1.2700 area based on selling pressure and confluence of the 4hr supply zone, 50 ema and descending trendline. If that area is broken to the upside, we may be looking at a potential short opportunity at the Daily supply zone above.

bostickfx Updated 

4h demand long after W demand retest + W bullish engulfing. 1:3 r/r.

bostickfx

We are expecting bearish momentum down to the 1.2250 area. TP at 1.2300. Confluences listed on chart. Happy Trading!

bostickfx

We are expecting price to move up to 112.50 Direction based on higher time frame. Entry based on lower time frame. Excellent reward/risk - 7:1

bostickfx

I entered early but it is a safer entry to enter at break of flag. Stop goes below the low of the flag. Good R/R.

bostickfx

Price has completed ABC Correction on Impulse leg from higher time frame ABC Correction. Expecting Bullish momentum to continue. Entry at 104.19 TP is at 104.50 for 30 pip gain. SL at 104.03 for 16 pip risk.

bostickfx

Our Long trades are still in profit. Additional entry highlighted in yellow @ 103.55 - (61.8% retracement) in case you missed the original entry at the completion of Bullish Gartley (103.15). Target is at projected completion of Bearish Butterfly.

bostickfx Updated 

Bullish Gartley Uptrend Channel Rejection of Channel Support Completion of Elliott Wave 8 (4HR) Completion of Elliott Wave 2 (Daily) Completion of ABC Correction (4HR) Completion of ABCD Pattern (1HR) 3rd Touch of Ascending Trendline Rejection of Quarter Half Support 38.2% Retracement Positive USD News Entry: 103.22 TP1: 104.50 (+128 pips) TP2: 106.22 (+300...