MoneyballAustin

MoneyballAustin

See picture for analysis. -DXY had long-term weak fundamentals + Technicals which will be bullish for CHF and other currencies. -Price broke downward trend line -Price removed opposing pivto supply zones structure -Demand created Options: 1) possible buy back into 1hr demand 2) Wait for price to reutn the wait for lower-timeframe confirmation buy setups.

MoneyballAustin

See notes on chart for more detail. Price breaking downward trend line Price removed opposing resistnace/supply Demand created valid for pullback or wait for confirmation once price comes back.

MoneyballAustin

1) See picture for full analysis... Higher Timframe: -Price inside supply -Trend = downtrend -Stochastic RSI overbought Lower Timeframe: -Need break to break support + break upward trend-line + quality supply created. - IF price does the following then possible pullback for short OR look for scalp/day-trade shorts to the downside with 1TF...

MoneyballAustin

See Picture For Analysis and what I'm looking for as price is sitting inside higher timeframe supply with the overall trend = downtrend...Just wait for 3 different types of confirmation trade setups.

MoneyballAustin

Where Price Going? -Price reacting off of 200MA -Price reacting off of Daily/Weekly Demand -Price reacting off of Major Support -Fears of Trump Tarriffs -Fears of slowing economy Price is at a critical level depending if buyers step in or if price breaks away below 200MA

MoneyballAustin

-This might seem like a "troll trade" but Coffee is held this 50-year range since 1975. -Price is high on the range and straight-up shorting getting out at a 50% gain seems like a high probability trade. Thoughts?

MoneyballAustin

-Price broke downward ML -Price removed opposing pivot supply and created new HH/HL -DBR demand created. -Swing buyers valid with 2x Stop loss locations I would consider OR Day-Traders can use 4hr demand as Higher timeframe and wait for new lower timeframe confirmation.

MoneyballAustin

-Price inside daily/weekly supply + trend = sideways. -Buyers still in control wait for selling confirmation of price breaking upward trend lines + removing opposing pivot demand zones. -We could see price break to the upside and then reverse (liquidity search/stop run).

MoneyballAustin

See Chart For Analysis HTF: -Price inside HTF demand -Trend on HTF = uptrend LTF: -Price broke downward ML -Price removed opposing pivot zones -DBR demand created

MoneyballAustin

See chart for analysis. Options: 1) waiting for price to break falling wedge to the upside and catch the pullback. 2) if price breaks to the downside then consider looking for scalp shorts NOT swing shorts because how strong the metals market is.

MoneyballAustin

See Chart For Analysis as we have 2x separate analysis for day-trades & swing trades.

MoneyballAustin

See picture below for analysis valid buy setup with price inside monthy demand + confirmation but smaller risk as HTF is tested + counter-trend.

MoneyballAustin

See picture above: Swing Traders keep eye on AUDNZD over next couple weeks for potential setups waiting for price to break-out. some traders will trade the momentum break some traders will trade the re-test some traders will look to trade the fail break-out Some traders will look for the confirmation re-test.

MoneyballAustin

See Chart Above For Analysis. -Price inside HTF weekly/Daily supply -Shrots valid but aggressive so need confirmation + smaller risk -Longs valid inside demand but LTF has shown confirmation -FED Rates Wednesday (Volatiltiy)

MoneyballAustin

See chart above for analysis: HTF: -Trend = downtrend so any longs will be counter-trend and smaller risk + quick trade management recommended. -Price inside HTF daily demand LTF: -confirmation 2.0 setup as there was no quality confirmation created the first time price returned. -Price broke downward ML -Price removed opposing pivot supply. -DBR created

MoneyballAustin

-See the Chart above for an analysis -Price reaching off of daily/weekly supply -Shorts valid with confirmation -Personally will be trading smaller timeframes but still interesting levels. buy still valid for day-trading/scalping to the upside

MoneyballAustin

Overextended Market -Price created many RBR in a row which gave us the ability to draw aggressive upward ML. -Market overextended and potentially elastic band effect. -Price broke aggressive ML -Price removed 2 opposing RBR demand Am not too sure about a HTF (W or D) but I still nice little RBD that could also be used as a HTF

MoneyballAustin

See picture for full analysis 1) but right now we have price reacting off of the monthly area of supply zone. 2) Weekly has shown confirmation and long-term position traders have potential short setup. 3) Or traders can consider using the weekly as the HTF supply and wait for new 2-4hr confirmation once price enters the HTF weekly supply.