Overall the trend should be our friend. NZDUSD is in big bearish trend and after a sharply down movement it is time for a tiny correction. There is a bullish diviregence on the RSI 1H time frame, which may be is going to happen. Once the correction is done and the price hit supply zone it is good idea to look for a enter after candlestick confirmation or bearish...
EURUSD has switched to bullish structure on the 4 hour chart, price is looking to test and break preavious extreme high which have not been tested in several days indicating that there are sellers willing to protect this level, I will be looking to short once the market has made a clear lower high and a lower low on the 5 min time frame, I am also looking for...
see and watch :)
In the weekly time frame, it is breaking an important resistance and it seems that its engine is working again...
WOMAN , LIFE , FREEDOM✌
AUDNZD is in clear selling trend, take inducement and sell from recent selling OB but unable to break the recent low. Will definitely go to extreme supply area. So we can buy from the unmitigated demand area and tp would be just below the extreme supply area
XAU/USD
- xau/usd have imb and lq above it
- the price can go grab the IMB and LQ which are above
- If the price mitigate supply zone please don't enter a trade without confirmation
Here is a classic set it and forget it trade for any sideways market.
Just remember to take a small risk and only trade this strategy in a sideways market.
I have this entire strategy written out with step by step instructions.
Click the link in my profile and I will send it to you.
Enjoy!
Chris Juliano
TrendCloud Trading
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As I explained in my previous post, everything seems to be working out fine, and in profit.
We are looking for a break above the neck and possible retest to add more longs.
Hello Friends, I'm back with another gold analysis.
Market is trapped between level 30 and 24 and is oscillating in 70 pips range. Above 30 we have level 37 then above it 47, in case market were to go down demand levels would be 16-12 and level 2008.
*Note that level 37 was tested yesterday and it would be second time being tested if price gets there.
Today's...
EURUSD took out sell side liquidity (1.08445) and also buy side liquidity (1.09162) thus creates a demand zone (1.08396 - 1.08396) respected with two pin rejection without liquidating.
however i expect price to rise to 1.09332 as far as the demand zone remains in control.
after the tap rejection on the supply zone a sell momentum took place which could indicate a possibility of a sell sentiment.
I expect GBPUSD to sell to 1.25968 liquidity .
Hello guys, I hope you are doing well. We have the gold chart in 1 hour time frame:
For gold, if you remember, we had an bullish order block area, which moved up well upon reaching this area, and it has also started to move up in the return to the candlestick that was formed in one hour and the demand area was formed.
The point that is important in the one-hour...
GBPJPY is at demand zone(nested daily in weekly demand zone) there is a possibility for a short-term pull back, since GBPJPY is at extreme holding long is risky.
upon confirmation on the demand zone the possible target is 185.805 - 185.038 supply zone.
W1 and w2 zone are the two demand zone in control.
W1 and w2 zone are the last two imbalances remaining for...
G'day,
Firstly, welcome back to 2024. It's been a good start with some great consolidative moves within trading ranges, but now let's see the longer term movements for this pair of focus. GBP JPY.
Master Key for zones
Red = Three Month
Blue = Monthly
Purple = weekly
Pink = Consolidative box example (Daily)
Orange = Daily
Risk Warning
Trading...
