Looking for demand to hold at bottom to move price up. The blockers are the pivot lows within the retraces. Once they start to fall then reaching the supply areas above should be feasible. Alternatively price falls below the demand will void a long play. Please do your own due diligence before following another traders price set up
Price sitting above demand and may test the two pivot lows above - bottom demand is the origin of this leg up and ultimately I believe where price is trying to get to. - The pivot lows above should should price down and the bottom demands become targets for price to gravitate to. Please do your due diligence before following another traders price set up.
Looking for Price break and the pivot low to hold price here and send it back up. A cross below the zone will void a long play targeting the pivot high in the small retrace below. Please do your due diligence before following another traders price set up
Supply above at 1.0249 - price presently at price break. Price has three holds above - two price breaks and supply - three down going targets the most favorable would be the untested target 2 at 1.0112 then obviously the demand at bottom at 1.0000 - origin of the move up. A break above supply voids the short play. Please do your due diligence before following...
Price is turning at demand - lots of traffic in the way with pivot lows which are also targets - Price needs to carve through the pivot lows and price break above to reach supply alternatively if demand gives here then price will test price break below.
Price is in supply with multiple supply zones above. Price may carve right through this supply to supply above. First challenge will be breaking the price break at .7114 - if it cannot then it will challenge the pivot low just formed at .7059. There are two price breaks unchallenged below plus demand at the bottom. Please due your due diligence before following...
Price setup - price may drop from here however the supply at top above price break is a possibility as a retry of the price break we just hit - waiting at top supply with a short entry makes more sense with a 39 pip zone as it is too obvious a target not to try for. Please due your due diligence before following another traders price setup.
Pound at price break looking to hold that higher low and recover run to the left if we lose both price breaks price will challenge demand at bottom. Please do your due diligence before following another traders set up
Two levels of supply for price to get through to reach top supply. Looking for immediate price break to hold price if price break is lost then it will test demand then price break at bottom. Please do your due diligence before following a trade set up.
This is a learning supply and demand chart not intended to suggest a trade. Price coming up to demand - three supply areas above - the first red zone will be initial challenge to start breaking through highs
This is a learning price chart for supply and demand not intended to suggest a trade. Cross below pivot low in yellow circle excludes any long trade for now. I am looking for pivot highs below present price action to hold at .7158 and .7083 respectively - supply sits above at .7575 to .7735 on daily. Pivot low in V at .7643, which would be my short trade entry.
Price appears to be in structure sitting on bottom trend line. Demand zone 72 pips - large. Pivot low target 330 pips. Obvious targets above are supply and pivot highs - pivot low is safe bet if demand holds. Entry is top of demand , black arrow. SL bottom of demand plus 5. This is a learning supply and demand chart and is not intended to suggest a trade
A good friend of mine challenges me constantly - will I take the hard trade against trend or the easy with trend - the question with euro will it cross pivot low - if pivot low holds here - and price is in demand - will the pivot high be taken out - if pivot high is taken out we should see a change in trend on the 4hr. However while pivot high holds the trade...