EURCAD DAY SELL trendline downtrend. The price is below ema 200. The price has a chance to bounce up to the supply zone to find the timing to enter the order. Rsi indicator is going down
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Not a signal - a retracement is expected of the zone.
From here we will be able to determine where the price will move next.
Await the confirmation of a rejection or break through. Targets are show where the price can move to in the coming days.
Supply and demand is a great technique to apply - NAS100 currently has outside fundamental pushes and pulls on the index.
The Daily looks like to broke the structure. The green Demand zone. Need to wait Daily closed first, but the 4hr zone is also break structure and it's closed. I'm looking for some retracing first before to sell the USDJPY. It's look a sweet setup. If the price cam to the 4hr zone "purple zone" that i drew on the chart. Next to go 3-15min time frame and look a...
Price is entering a previos supply/sell zone so we should look to short here. The MACD is suggesting further bullish moves due the fact that there is bullish divergence. We could see price move up a little till the divergence is satisfied before we see any bearish moves. Wait for CSI(Candle Stick Info) befor entering a sell.