PyramidFx

PyramidFx

gold weekly key reversal bar, made a new high, closed on the low. on daily basis, suspect double top has formed. but price still did not break last weekly bar low. any pullback on upside with low volume would be good opportunity for sell.

PyramidFx

4h time frame price tapped demand zone. suspect bullish for 105.60. if price retest 104.00 then ideal long setup on usd dollar. stop loss below 103.70, target: 105.60

PyramidFx

suspect one more push to the upside to tap 4h supply zone for short. 1.0840-45 is the level from where price may start selling, second extreme level of supply zone is 1.0880-85. stop loss 1.0900, target: 1.0685.

PyramidFx

36K long removed by last 4 weeks & 20K shorts increased. Net position 57k shorts increase by last 4 weeks. longer term view by 10 weeks 48k long removed, 27k shorts increased. Net position changed by last 10 weeks increased 75k shorts. 23% shorts increased by last 4 weeks while 29% shorts increased by last 10 weeks. Net impact is bearish by Non-Commercials....

PyramidFx

Non Commercials reducing long positions gradually in last 4 weeks 8k, increased 31k shorts by last 4 weeks. while in longer term view by 10 weeks longs reduced by 38k and shorts added 31k. 5% short increased in last 4 weeks, while 10% shorts increased by last 10 weeks. Net impact in bearish for eurusd. supply zone for short 1.0830-1.0865, stop loss above 1.0885,...

PyramidFx

Supply zone for short 2336, next supply zone: 2346, stop loss: 2356, target: 2285

PyramidFx

eurgbp possible long for 0.8620. demand zone for long is 0.8560-30. stop loss: 0.8515, target: 0.8620

PyramidFx

oil price testing 4h time frame demand zone, buying level 80.55-80.00, stop loss below 80.00, target: 85.00

PyramidFx

#gbpusd forming LH & LL . supply zone for short 1.2460-80. stop loss above 1.2490, target: 1.2280

PyramidFx

ascending channel broke downside. supply zone: 1.0900-30. stop loss above inside bar. target: 1.0810.

PyramidFx

price almost 200 pips in range since the 1st March, supply zone for short 0.6570, stop loss: 0.6585, target: 0.6500-6490.

PyramidFx

#usdjpy price testing resistance level 151.70-90 which is high level of last year 2023. price need energy to fall down side for 148.90 & 148.00. time requires in building energy. suspect price will hold the resistance level to make double top. stop loss above the resistance level as 152.10, entry level 151.25 & 151.75. target: 148.90.

PyramidFx

4h IFC (Institutional Funding Candle) made a new high & closed on the low. may short cmp with low risk. set sell limit order as well 1.3600. stop loss: 1.3620-25, target: 1.3480

PyramidFx

2nd weekly bar of March 2024 is inside bar confined within the range of the previous bar. need to break down 2151 to breach last weekly bar low indication for weakness continuation ahead. supply zone for short is 2167-72, stop loss: 2174, target: 2128.

PyramidFx

Demand zone: 1.0900-0872, stop loss: 1.0860, target: 1.0955 & 1.0975.

PyramidFx

gbpusd money candle (IFC Institutional Funding Candle). Demand zone for long 1.2635-30. stop loss: 1.2590, target: 1.2740.

PyramidFx

demand zone for long 0.8240-20, stop loss: 0.8200, target: 0.8370.

PyramidFx

Demand zone 1.2640, 1.2625-15, stop loss: 1.2595, target: 1.2740.