Supply & Demand Zones M/W/D
Price Action
Major Quarter Point 70.00
Monthly: price at a previous LOWER LOW July 1 2015 70.00 price
potential retest at the 70.00 price level and sell to the previous most recent low to create a lower low or reject the low. Also touching blue monthly Down ward trend line acting as resistance. power of three occurring with three consecutive bullish candlestick . potential sell 3 weeks or potential consolidation for 3 month.
weekly weekly supply zone at the 70.00 price major quarter point. Looking for rejections
daily also reaching supply zone
4Hr TF bullish losing steam looking for a breakout of the uptrend and a retest multiple times at least once to place a trade and if another retest for a second order.
if it goes above pips and r and it starts showing selling behavior ill be looking for a nice entry for sell and hold. anything above 75 pips above 70.00 i wont be selling. will wait it out for a better sell entry at a higher supply zone
sell 70.00
SL 30 pips above 70.00
TP 67.50
trade and hold your cojones ( no homo) for this one high percentage shot!
Power of three :three Week Bullish three week sells
potential retest at the weekly supply zone zone highlighted in orange rectangle box
Price Action
Major Quarter Point 70.00
Monthly: price at a previous LOWER LOW July 1 2015 70.00 price
potential retest at the 70.00 price level and sell to the previous most recent low to create a lower low or reject the low. Also touching blue monthly Down ward trend line acting as resistance. power of three occurring with three consecutive bullish candlestick . potential sell 3 weeks or potential consolidation for 3 month.
weekly weekly supply zone at the 70.00 price major quarter point. Looking for rejections
daily also reaching supply zone
4Hr TF bullish losing steam looking for a breakout of the uptrend and a retest multiple times at least once to place a trade and if another retest for a second order.
if it goes above pips and r and it starts showing selling behavior ill be looking for a nice entry for sell and hold. anything above 75 pips above 70.00 i wont be selling. will wait it out for a better sell entry at a higher supply zone
sell 70.00
SL 30 pips above 70.00
TP 67.50
trade and hold your cojones ( no homo) for this one high percentage shot!
Power of three :three Week Bullish three week sells
potential retest at the weekly supply zone zone highlighted in orange rectangle box