Forex: Weekly Market Predictions (12/4-12/9) How TO read TREND and Major structure

"we're looking for long opportunities on the Eurodollar well if we're looking for opportunities to go long here on the euro dollar one of the main places I'm gonna be paying attention to is right here we have one two three four times and five if you count this wick here that the market has touched this level around one point one eight five seven and respected that level either using it as resistance or support by this market what that's telling me is that this is a major level of structure that we could possibly see a reaction from"

"if we pull back even more than that let's say we go all the way down to the one point one six eight six level that's another level we can look for a long run"

"as for shorting opportunities we're looking for resistance if this market does get pushed up around the 1.2 o6o level"

"in the future we'll also be paying attention to the one point two to three level as our next level of possible resistance here on the euro dollar"

"well we're pushing back up towards our 0.98 7/3 level and in this zones where we'll be looking for shorting opportunities out of this pair"

"if we break above it the next place will look for shorting opportunities as 0.99 for 6"

"if so we'll be looking to 0.97 for o level yet again for support and below that we'll be looking at support around the zero point nine six three three level"

"what we're expecting next now out of the dollar yen well of course now that that level has held as resistant and pushed down a little we're actually expecting this market to push all the way down to the 111 point seven nine area that'll be our first level of support that we're looking for for the dollar yen"

"if we push below that we can look around the 110 point four seven area for our next level of support"

"if we push down as they hit these first targets and then push back up we can expect resistance around the 114 point two three level really in between that and the 114 even handle anywhere for some type of shorting opportunity"

"if we push above that around the 115 even handle will be another place we look for short trades here on the dollar yen"

"what we're gonna be looking for in the future is to see if this market can push above our major level of structure around the 0.76 to 7 level that being the case we'll start looking for some long opportunities up to our next resistance level around 0.77 3 5"

"and if we push down from this level we're looking for see if we can get some support off to 0.75 3/4 zone if not if we push below that we can look for some shorting opportunities down to zero point seven four five nine"

"once we've broke out of that period of consolidation we talked about this as being an area we could see the market pull back into and then push back up well if you look at this candle this candlewick pushed down right into that area and ended up pushing the market all the way up giving us a pretty nice trade up to the 1.3550 yeah right in here"

"for those parrots as we broke above our one point three four four level we're actually expecting to see that level act as possible support for this market and push us up to our next resistance level which could be one point three five nine seven"

"the one point three eight five three level will be our next level of resistance I don't think we'll have to worry about that level within the next couple of weeks but that is something to keep an eye out for"

"if we break below our one point three four four one nine area that we're currently looking at as support and the market is currently hovering round we're looking back at this yellow zone yet again for another possible entry to the upside around the one point three two four six level"

"now if we get below that one point three oh five six will be the next level we look at for long opportunities here on the pound dollar"