the resistance level 102.751 DXY made a pull back from, giving a 4H bearish momentum candle i expect DXY to retrace to below 101.642 or 101.372 SSL
The daily has been in a range for the last 9 days but there has been some amazing trading opportunities. However, the H1 is currently doing battle between a supply and demand level and feel the outcome of this will determine where the market moves next. Im not fully bullish on this move until we break that strong swing high. My stops are at breakeven. Here...
Who knows what it stands for. 🤷 We like the chart. Clearly defined support and resistance zones for those to do what they wish. Volume dropping off. RSI indicating price action may come back down to the support zone for a retest. Looks good 🫡 trade safe!
This short is pretty aggressive as I'm going short at discount prices. As you can see during the asain session supply has been holding so I simply took the unmitigated supply zone as we are in this pullback phase. We have 2 areas of demand below where the market could push up from.
We have 2 zones to look for potential intraday and swing trades from, The market reacted sharply on the daily high, showing the presence of sellers in the market. We could continue bearish if Gold fails to respect either of these buy zones on the Daily timeframe.
The video describes everything you need to pay attention to. The most important lesson from this. 1. If you have an unmitigated supply/demand zone above or below your entry be very wary as the reaction could lead to your stop being hit. 2. Be more patient, wait for those zones to be mitigated first then wait for PA to develop. I was a bit too impatient with...
In this video i take you through my previous winning short on EU you can see that video here. Im now long on EU from a daily area of demand with a nested H1 demand zone. It looks like it could potentially take me out as it could go deeper into the zone. So lets see
We are currently in a bearish pullback on the daily and the counter-trend trade on the H1 just hit my TP. Im now in a short trade aiming for daily demand as my TP. Let me know your thoughts in the comments.
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
USDCAD will further push to the upside after taking the BSL 1.32339 to a possible rise to 1.33044
I need someone to make a script that can constantly update its drawings and move these triangle area's around in real time so that i dont have to constantly change the triangles constantly, which requires a lot of time. If somebody could make a pine script that automates these drawings up to 30-100 periods in the futures then that would be a very powerful...
DXY react on a strong demand zone expect more buys.
1. H1-SZ has been mitigated, the zone was too large and way out of my risk parameters to take. So I'm looking for an entry on the M5 if the pullback is strong enough. Looks like there is a lot of moment so it may not get filled. 2. We are now into the premium of the range on the H1 so this would be an ideal place for shorts 3. Always targeting the weak low...
I'm trying to keep my trading as simple as possible and just constantly keeping an eye on OF. 1. This was my POI this morning on the M15 for limit short as this is the zone that led to the previous BOS. (cs x1) 2. We have CH which pushed into the SZ you can also see the same thing happening with my previous trade. 3. The market also moved into the premium. (cs...
This trade happened during the Asian session on the H1. There was no chance to capitalise on this on the H1 chart. It would seem we have now turned bearish with H1-OF. I waited for an M15-CH to put me back in line with the current bearish OF. 1. H1 OF is bearish 2. H1 has moved into fresh supply which led to a H1-BOS 3. We have moved into the premium of...
gold has show a bullish momentum at the break of 1983.10 thus gold will rise at the demand zone to a possible target 2008.53
The markets seem to be in alignment on the H2 and the M15. 1. The CH signifies for me a change of character but its not enough just to just jump into a trade, I need further confirmation to give me more confidence to trade counter-trend. The CH for me signifies the start of the pullback then I wait for an internal i-bos to really give me full confirmation. Now...
after taking the sell liquidity, usdcad react on the demand zone with a bullish engulf pattern, hence price will reach the supply zone for a possible sell to a target 1.31389