Nzdcad has rejected the 4 hour supply zone after reaching a strong resistance and I expect it to drop from here
We are in a very strong supply zone on the daily and if this entry is valid we can potentially hold for a long time. Looks like a nice setup.
I'm currently bearish on US dollar and I fancy other currencies to be stronger against it. CHF strength increases with gold strength and vice versa. Meaning if I'm bullish on gold CHF will increase strength and therefore USDCHF will continue to drop
On a higher time I fell we reached a resistance area. I have watched this pair for some time and I feel like going short is currently appealing
The supply zone has finally been broken just I had mentioned in my previous nas100 analysis. Now we continue buying to the next supply zone
Finally the supply zone has been broken and the buys are going great as I had mentioned in my previous anlysis. Now we target the next supply zone
My past bullish prediction is going ok and this might be a rentry for longs.
Still bullish on gold and this is my idea. On a higher timeframe gold is very bullish and I'm generally bullish for the rest of the month
Still bullish on xagusd. We have a retracement to the 0.618 fibonnaci level and we can see some rejections. That is my prediction on silver.
The eurgbp sell is taking time to break the support but I feel this week will see a break and drop towards the demand zone in green.
Price is still bullish as I had predicted earlier and next week I'm still going long.
Usd is currently weak and this pair is In a strong uptrend. A head and shoulder can be seen and I speculate bullishness to continue to the last high during the London session
We reached a key resistance area on the daily time frame and rejections can be seen. A change of character has occured and price has tapped into the last 1hr supply zone and we might experience bearishness from now.
I had mentioned earlier that price was going to continue the uptrend from the demand zone marked in green. Yesterday we got a confirmation with the morning star pattern and a bullish engulfing candle stick. Buys are looking more appealing currently.
There was a bullish break of structure and price retraced twice from the 1st supply zone and the reactions were not strong. A retarcement to the 0.50 fibonacci level has happened and a bullish engalfing pattern was form on the daily chart. (nasdaq respects the 0.50 and 0.61 level which I noticed through back-testing). From here I see an uptrend continuation to the...
Price reacted perfectly from the demand zone below as I had mentioned on my previous GU idea, has created an inverted head and shoulder pattern and will most likely continue to go bullish.