Short GBPUSD around the level. There are strong sellers around 1.36 Great sell opportunities GBP could have next days.
It seems there are strong sellers around the level. You can take profit at levels or sooner.
As long as it is ranging in the channel, You can take Long and Short positions. I do not trade in these narrow ranges! Breaking above the zone is more probable, but should not be taken as a trading setup, unless the zone is perfectly broken. So wait!
There were buyers around 90.600 in January. That range was broken and now is obviously above that rate. I think market will reverse from there and came back to the demand zone. I will close my position at the TP, you can hold longer (not recommended).
Here you can see existence of GBPUSD buyers. enter LONG position. You can wait for confirmation in lower timeframes.
I personally don't trade base on minor supply and demand zone. Market context in short-term is Bullish. Analyzes of market trend regarding mid-term aspects, represents a kind of equality between the power of cows and bears. But the long-term is absolutely Bearish. WARNING: There is change of 30% to 40 % of wining in this situation by this R to R regarding...
Short it! Supply and demand levels are obvious and a trend is bullish regarding our tp points.
The movement pattern will be repeated! You can also take profit between two zones. If circumstances change, we are ready to change our setup.
Bullish Candlesticks have a lot of overlaps. Compare 4000$ increase in 4 days to 9500$ in less than 2 days! I think traders generally believe that markets will collapse, so they are not sure about buying! A sell stop is suggested by me here!
After an hypotetical impulsive bearish move to perfectly below the S1, short trade is a good idea in a rejection to S1 Also breaking the R1 with same circumstances may provid good buying situation.
A level is perfectly broken and we can take profit to the next level.
Moving averages are clear in the chart! VWMA didn't play resistance role recently, however could help us indicating trend. A strong impulsive wave broke the level and in pullback to it we can enter a short option! You can hold some of your position open to 0.64179
A level is well broken! Also descending channel is broken too! you can wait for a confirmation, but good R to R ratio will be available after confirmation! beside the static support VWMA 100 could be a good dynamic support too.
By breaking the middle line of uptrend long-term channel down or the mid-term trendline up, trading signal will be sent to us. I'll wait for the moment.
While EURUSD head to down sharply and I take profit from it's bearish move, I'm wondering if taking some profits is possible in opposite direction from EURNZD! Every thing is clear. Moving averages confirm the trend and a levels is almost impulsively broken! Waiting for the best moment to enter! Buy in the zone!
Enter a short position after confirmation candle in 15m chart! Moving averages indicating the trend as bearish. Ascending channel is almost broken.
If you have not enter AUDNZD yet, just wait! Bulls are strong enough regarding short-term and mid-term analysis but bearish short-term momentum is really strong! Signs are not enough for short, but a long position is available if we see a confirmation around this level.
Do not forget to check the NEAR! accompany the price to the on side!