The S&P index has reached a H4 supply level in its uptrend channel. It remains to be seen what the reaction will be at this level of supply. There is a possibility of returning to the bottom line of the channel. Given that the H4 level is not fresh, the possibility of failure of the level should not be ignored.
It seems that the dollar is going to rise to the 4-hour supply level. In this case, the price reaction to this level and return to lower levels is expected.
The NFP news and unemployment announced, although disappointing, were better than expected. In the short term, the upward trend of the dollar index is expected
Prices range from a weekly demand area to a weekly supply zone (inside the price channel is shown in green). In the daily time frame, the price has risen from one channel (red) to a higher channel. Currently, the price is struggling with the resistance level of 9300. If this level is broken, the price could rise to 10,400 daily on the Time channel Otherwise, a...
The return price of the weekly supply area has broken the 4-hour level ahead. It seems that the movement towards higher prices has started.
Returning from a strong H4 demand level, the euro appears to be building to complement the the head and shoulders pattern Until it reaches a higher daily supply level. (This is a perspective that needs to be explored. This is not a trading setup.)
The pound-dollar is stuck in a stagnant zone between a H1 supply level at the top and a H4 demand zone at the bottom. At the moment, it seems that moving from the bottom to the top can be interpreted as making a kind of ABCD pattern.
The usdcad seems to be slowly falling into the channel to reach the H4 demand level. After that, the reaction is not far from the mind, at least until the middle of the channel.
Brent has entered a strong H4 level. If it can break this level, its decline can be predicted to be 4 hours lower.
The S&P is below a H1 supply level in 2875 with a serious support zone in the conflict. If it can pass this level, it is likely to reach the lower H1 demand level.
Gold seems to be nearing the final phase of distribution (according to Wyckoff's theory) and is ready to fall.
The reversing structure is forming below the H1 supply zone. I'm waiting for entry conformation.
SHORT, JUST SHORT BELOW THE H4 SUPPLY ZONE!
Although Ali has no fear of breaking daily supply and demand levels, But it usually respects weekly supply and demand levels well. Therefore, Ali's move in the current price channel is expected to continue until the next weekly supply level.
With the daily supply level failing, the euro's decline to lower levels seems normal. THIS IS JUST THE VIEW, NOT FOR TRADE.
After a long ascent, in contact with the H4 supply level and an important resistance line, Is S&P going to build a HEAD&SHOULDER PATTERN? (This is just a hypothesis and not for trade, I,m watching)