It seems the EURUSD didn't reach his final destination at this downtrend, Most likely the final destination is the demand below, as long as the price Didn't reach this demand I'll look for a reason to sell, and the best reason at The moment is the supply above, is a great continuation level of sell position, My first target will be the support below, and the...
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Those are the key levels at XAUUSD for the intraday terms, At the moment the GOLD seems to be bullish, therefore the Demand below is a great continuation level of buy position, i'll Buy at this level, if the price will breakout the demand, then I'll Look for sell position in order to continue down to the support at the bottom.
At the long-term USDCAD is bearish and most likely will stay bearish Until the price reach the demand at the bottom, if we wish to join this Momentum, we should wait for the price with sell order at the supply above, It is a great supply of continuation position, my target will be the demand At the bottom which is also a great level of reversal buy position.
It seems the recent rally at the EURUSD has changed the momentum from Bearish to bullish and there is a high probability the price tends to reach The supply at the top, the demand below seems like a great continuation Level of buy position, i'll buy at this demand if the price back there, and My target will be the supply at the top.
It seems the AUDUSD is about to be bullish and i believe the price Will try to reach the supply above, the new fresh demand below us seems Like a great continuation level of buy position, if the price will back to this Level i'll buy there, my first target will be the resistance above and the final Target is the supply at the top.
At the moment there are two possibilities for FOXA : 1) Breakout up : We can break the downwards short term trendline and the green 50-day SMA, after that we will break out of the consolidation range and find resistance at the red lines. 2) Breakout down : We can break the support area of the consolidation range and the orange 100-day SMA, after that we will find...
It appears that gold is near the end of a simple looking ABC correction, which is likely to end at around $1313. Or could extend to the previous low near $1300 and begin the rally from there. My long term target for gold is much higher, due to both technical and fundamental reasons, than the target for this particular trade. (So I may have a bullish bias) Buy:...
For the intraday terms, I'm waiting for sell position opportunity, The current uptrend seems weak, my first signal for trade will be The support zone, if the price will break out this support he will probably Continue down to the demand at the bottom, in that case, I'll look for P"A setup Of sell position, my first target will be the demand below and the...
The USDCAD is at a bearish momentum and it seems the price tends To reach the demand below, the supply above seems like a great level Of continuation sell position, if the price will back to this level before reaching The demand I'll sell there, my target will be the demand below which is also A great level of buy position.
Hello Traders. Yet another Tactical Tuesday. After the euro broke lower a continuation is eminent. Overall trend remains an uptrend even though there is certain decline on EURUSD pair since the begining of Trade wars. So this is a short term proposition. US indeces are declining and even though that is weakening dollar across the board, that does not hold true...
The S&P500 index is still bearish at the long-term, there is a new Supply level above us which can be a great continuation level of sell Position, I'll sell at this level and if the price will break out that level I'll Sell at the next supply, the one at the top, in both cases my first target Will be the support zone below, and the final target is - 2480.00 zone.
For the intraday or scalping traders, those are the next fresh supply & demand In GBPJPY to look for an intraday position, the demand below is a great Level of buy position and the supply above is a great level of sell position. This supply is also a Quasimodo level.
I'm a switching from long to neutral on this one....not short yet because even though we dipped below the 50ma , which kept us from getting 5 consecutive candles closing above the 4hr buy/sell line, the 50 ma dipped down to catch the next candle and the current candle is still above it as I type this so it is at least currently maintaining support, we got a nice...
For the intraday traders, there is a great opportunity for buy position On NZDUSD, the momentum is bullish at the moment, the demand below Seems like a great level of continuation, therefore i'll buy at this level, My first target will be the last high, and the final target is 0.7300.
For the swing traders among us here are the key levels for USDJPY. It seems the swing momentum has changed from bearish to bullish, There is a high probability the price tends to reach the supply at the top, If we are looking to join this momentum the demand below seems like a great Demand level of buy position, I'll buy at this demand and my first target will...
The USDCHF is in a bullish momentum and it seems this momentum Didn't reach his final destination yet, the demand below seems a great Level of continuation of this bullish momentum, therefore if the price Will hit this demand i'll buy there, my first target will be the resistance above, And the final target is 0.9610 zone.
It seems that the final destination for this bearish momentum is the Demand below, above us there is a fresh new supply which is a great Continuation level of sell position, if the price will back to this level before Reaching the demand I'll sell there. and my target will be the demand below.