Altaaf123

Altaaf123

PRICE HAS FINALLY COME BACK TO THE DEMAND ZONE WHERE THE STRONG MOVE HAPPENED AS A RESULT OF THE INTEREST RATE DECISION IT HAD SPIKED , RANGED AND THEN DROPPED BACK TO THE DEMAND ZONE WHICH I CALLED A RALLY - BASE - DROP PATTERN. THE MARKET HAD TESTED THE AREA OF DEMAND AND FORMED A PINBAR AT THE AREA SO I WILL ENTER STRAIGHT AWAY WITH MY STOP AT THE LOWER WICK OF...

Altaaf123

EURCHF LONG TODAY CAME INTO DEMAND ZONE AND SHOWED REJECTION IN THE PREVIOUS CANDLE TO THE CURRENT ONE HAD A BUY LIMIT PLACED AT THE PROXIMAL LINE OF THE DEMAND ZONE WHICH IS THE LINE CLOSEST TO PRICE WILL BE TAKING IT BACK TO THE PREVIOUS SUPPLY WHERE I WILL BE LOOKING FOR SHORT OPPURTUNITIES

Altaaf123

SELL LIMIT GOT HIT ON GBPAUD IN THE TRADE AT THE MOMENT THE AUD PAIRS ARE SHOWING SIGNS OF MOVING HIGHER WHICH IS GOOD FOR THE GBPAUD TRADE , REDUCED MY STOP LOSS SIGNIFICANTLY FOR LESS RISK ON IT AND LETS SEE HOW THIS ONE GOES

Altaaf123

THE ORIGINAL GBPJPY SHORT THAT I POSTED YESTERDAY HAS HIT MY TP AND IM GOING LONG NOW FROM THE DEMAND ZONE THAT I MENTIONED IN MY SHORT WHERE I WAS GETTING LONG FROM SO MY PENDING ORDER JUST GOT HIT IM IN THE TRADE TAKING IT BACK ALL THE WAY TO 146.070 WHERE I WILL SELL AGAIN ON THE PAIR THIS IS A GREAT SWING TRADE

Altaaf123

NZDCAD LONG THE NZD MADE A HUGE UPSIDE FROM THE INTEREST RATE DECISION SHOWING A LOT OF FINANCIAL INSTITUTIONS AND BANKS ENTERING THE MARKET THE CANDLESTICKS ARE BIG AND IT HAS JUST COME BACK INTO THE DEMAND ZONE WHERE THE MOVE HAPPENED FROM ALSO TO BACK THE LONG WITH MORE CERTAINTY THE DEMAND ON THE H4 LINES UP WITH THE DEMAND ZONE ON THE WEEKLY TIME FRAME THE...

Altaaf123

SO GBPJPY HAS COME INTO A SUPPLY ZONE ON THE H4 TIMEFRAME PRICE HAS CREATED A DOUBLE TOP IN THE SUPPLY REGION SHOWING AN IMMINENT REVERSAL TO TO THE DOWNSIDE , WILL BE TAKING THE POSITION TO THE PREVIOUS DEMAND ZONE WHERE I WILL BE LOOKING FOR UPSIDE INTO THE WEEKLY ZONE

Altaaf123

GBPAUD had comback into a strong supply zone on the weekly timeframe the black horizontal ray line indicates the resistance that has been tested or is going to test again before a move lower on the pair the zone is more powerful as the 50% fib is in the zone. I will only enter the position once I have confirmation of reversal on the my trading time frame which is...

Altaaf123

I know my previous post was based on the short for EURGBP but today's session pushed it up the candle stick sizes are big showing a financial institution behind the move it created a demand zone on the hourly chart so we can ride it back to the supply zone and sell short on the way back down

Altaaf123

EURGBP RANGING ON THE WEEKLY , BUT ON THE H4 TRENDING DOWNWARDS WE HAD A BIG MOVE DOWN SHOWING BANKS AND FINANCIAL INSTITUTIONS ENTERING THE MARKET , RIGHT NOW PRICE HIT A STRONG DEMAND ZONE ON THE H4 HEADING BACK UP TO THE SUPPLY WHERE THE MOVE BEGAN LOOKING TO SHORT FROM THAT AREA AND TP1 BACK TO THE DEMAND ZONE AND TP2 COULD BE OPEN SHOWING MORE DOWNSIDE TO COME

Altaaf123

ON THE HOURLY CHART THE CANDLESTICK HAD COME INTO PREVIOUS SUPPORT WHICH SEEMS TO BE TURNING INTO RESISTANCE AGAIN , THIS COULD BE A BREAKOUT TRADE ENTRY ON THE PULLBACK AND TAKE PROFITS AT THE BEGINNING OF THE CHANNEL THE LONG UPPER WICK CANDLES AT THE RESISTANCE SHOW BEARISH PRESSURE AND REJECTION OF THE LEVEL , COULD POSSIBLY GO TO THE DOWNSIDE

Altaaf123

THE GBP HAD TAKEN QUITE A BIG HIT THIS WEEK BUT I THINK NOW IT IS TIME TO RECOVER SOME OF THOSE GAINS ON THE DAILY WE HAD A BEARISH PATTERN (DESCENDING TRIANGLE) WHICH NORMALLY BREAKS OUT TO THE BOTTOM WHICH INDEED IT DID DO BUT HAD A SHARP PULLBACK TO THE BROKEN SUPPORT AND NOW IS RETESTING THE SUPPORT WHICH COULD POTENTIALLY BE A REVERSAL TO THE UPSIDE THE...

Altaaf123

ON THE 1 HOUR CHART WE HAD A COMMON CHART PATTERN THAT HAD FORMED (ASCENDING CHANNEL) AND AS IT BROKE OUT IT PULLBACKED IN THE FORM ANOTHER ASCENDING CHANNEL ALLOWING US TO GO SHORT AGAIN ON THE PULLBACK . IT HAD BROKEN OUT THE TRENDLINE ON THE HOURLY WITH A STRONG BEARISH ENGULFING CANDLESTICK , WILL WAIT FOR A PULLBACK INTO THE CHANNEL UNTIL I CAN GO SHORT ON...

Altaaf123

ON THE DAILY IT LOOKS LIKE WE ARE COMING TO END OF THE PATTERN COMPLETION AND ABOUT TO SEE A BREAKOUT WHICH COULD POTENTIALLY SEND THE PRICE OF SILVER TO 16 USD FROM ITS CURRENT PRICE OF 14,776 USD PER OUNCE , THE PAIR HAS FORMED A BULLISH CONTINUATION PATTERN (FALLING WEDGE) , ALSO THE FORMATION OF THE DAILY CANDLESTICK FORMED AS A PIN BAR AND HAS FORMED IN THE...