Even though on the M TF there is a huge wick, but the price couldn't penetrate deeper. as we can see on the 4H TF the trend has changed. if the trend doesn't change, we have a chance to hop in. if the price making a higher low without hitting our zone we will cancel this trade. Drop a comment below of you take this trade.
yes, we have huge wick on the monthly TF, but it couldn't penetrate the Daily demand zone. based on that we could say the bull still in charge. on 1H there is a huge movement and nice demand zone. but we decide to cover the pivot to minimize the risk getting stopped out. because it is possible the price could break the previous support. you could set the second...
This is a high probability set up. we are low on the curve on W TF, The bull clearly shows it's strength after hitting W demand zone. our zone is on the 4 hour timeframe. you could set 2 TP on this trade, TP1 is 3 to 1 and TP 2 just before the next high-quality supply zone. Drop a comment below if you take this trade
We have similar trade on GBPUSD, if you decide to take this trade then ignore our trade on GBPUSD. Comparing to our previous zone EURGBP comes with better quality. HTF showing that the bull is in charge. Our zone is on 4HR TF.
HTF: Daily/ weekly ITF: 240 LTF: 60 yes we are currently in downtrend on the ITF, but on the bigger picture we may have trend reversal considering how strong is the bullish momentum. this is zone on zone demand, if price shooting to 1.5379 we will cancel this trade. Drop a comment below if you take this trade !!
This is High Risk trade, we will cancel this trade if price shooting up then coming back to our demand zone. __________________________________________________________________________________________________________________________________________________________________________________________________________ What is your thought on this trade? drop a comment...
Considering the bigger picture and the trend we have 90% win probability in this trade. we are sitting at all time low in the M TF and the trend is favorable for take a short trade. our zone is on Daily TF. you can do trailing stop loss for T2 in this trade. Drop a comment below if you take this trade
I usually do not trade a zone like this because it is countering the trend. but, on GBPAUD there is nice 4H DZ. what makes this zone attractive is it is almost tested by the wick 4 times but they can't penetrate deeper. and the big picture is showing us that there is possibility to continue higher. because we are countering the trend we want to give price more...
HTF: Daily ITF: 240Min LTF: 30 min based on the picture on the higher time frame it clearly shows that we are in downtrend based on that i tried to catch the wave. our zone is on 30 min
HTF : Daily ITF : 60H LTF : 15M on the daily TF we know that we are hitting Daily demand zone. based on that we decided to searching for long trade. After analyzing the trend on 1H TF, i think EURJPY might continue to rally. Our zone is on the 15M/30M TF there is nice demand zone right there. don't forget to give room to breath for the stop loss. we are expecting...
sideways trend has happened for over 3 years. in this situation, the best trade is to trade on the pivot. there is nice demand zone in 4 HR TF. knowing that this is 200 pips zone you may deepen the entry as you want, bear in mind you might miss this trade. Drop a comment if you have any question or feedback.
On the big picture, it showed a double top was created, knowing that there is a high probability for the trend to change. our zone is on 1 H TF, there is a nice little supply zone there. this is a healthy 1 : 3 RR trade.
Considering the Monthly curve and the current trend make this trade is a solid opportunity, our zone is on 4H TF. and our Profit is just before the next Supply zone on D TF.
The reason why i long instead of short in this trade is because the D TF is respected and price couldn't break any demand zone. Our trade is on 30 M TF, you can cover the pivot if you want, but for me is too large to cover.