Hello friends, I hope you are doing well.
Continuing the previous analysis of EURUSD, so far as we expected, it weakened and managed to break the 4-hour support area downwards.
The next demand area is around (1.078-1.08) , the areas that we can consider to enter selling positions, the first was the support area that was broken, now it is preventing the price...
Due to the upward trend in the Daily and Weekly timeframes, we expect the scalpel to descend from the blue area to the yellow areas. Then continue the uptrend.
This is my opinion, based on the market structure, we could conclude that HnS pattern could appear.
As we can see, the neckline already been break which give us the new Lower Low (LL).
In my eyes, GOLD IS GOING DOWN!!
Again as always, same old same old supply and demand setup nothing different. In this case there was a swap zone that came into play. Played out nicely and left profitably with a quick scalp. 360 pips in 15 mins.
Hello trader
It's long time I've not publish any trading idea in here but I still learning new idea
FOR TODAY !
I have SHORT setup idea for GBPNZD the price still feed in the border of KEY level and I will entry trade between the zone(that mean SUPPLY and DEMAND zone) AND when H4 price close only!
You will see now price has reject the SUPPLY zone(originally it...
A potential sell trade on USDCAD when price gets to the swap zone, also it’s a break of structure and we would look to see if price rejects the structure for the move down...
We have an upper supply - which is a daily supply. This is still a fresh level, however we have seen a great fake out on the lower 4 hour supply zone.
The fake outs are between the two zones, to show the hidden orders half way in a swap zone.
The overall trend is in a downtrend.
The market is currently making a good retracement but the second tap we are...
NZDCHF , Price is now at the zone where previous support and now turn into resistance and as we can see price is moving withing the channel ! I will wait for the price to breakout first then entry on a retest !
From my view , USDJPY is reaching ending diagonal channel and also weekly and daily Supply Zone. It also confluence with the Daily resistance trendline. I will be taking a short trade at the swap zone and will monitor the price action. If the price is able to break the channel and form a new low then I will hold the trade or else I will close. Lets say if the...
