ChrisSmithf0

ChrisSmithf0

As per chart trade suggestion. A recent bullish divergence printed on GOLD , which could see a correction in price to the early 1700.

ChrisSmithf0

Trade on chart , looking to short from potential Supply Zone.

ChrisSmithf0

Trade on Chart for RANGE of JPN225. Shorting at Supply Zone can provide a favorable RR.

ChrisSmithf0

Provided is a short trade to consider. The Double Bottom , together with the developing Bullish Pole + Flag , is suggestive the Aussie will appreciate . Likely retracement is plotted at the Fib .382-50 of the current swing , which is at the recent Supply Zone. The target is trend continuation to restest underlying support.

ChrisSmithf0

This index , as other equity markets , is in sharp decline. Trade on chart.

ChrisSmithf0

This pair has been Churning within a Consolidated Triangle for sometime now between intermediate supply and demand. From a daily perspective , it is easy to keep away from this pair. Awaiting price to break consolidation . From a Risk to Reward ( ie. Lower RIsk , HIgher Reward ) any movement to the downside would be a preferable trade. What do others think ?

ChrisSmithf0

EURUSD has seen a DROP in mid August . Then a BASE has been present in later August as Buyers and Sellers are in equilibrium . From a base we can only have a Rally or Drop. Maybe keeping an eye out for a Rally to the short term Supply Zone above offers an opportunity to trade in the direction of the longer term trend. Short on Chart

ChrisSmithf0

This is a positional trade suggestion for this pair. We can see the current supply zone from earlier in 2022. Price has come close and rejected twice. Level upon level - there is a Fresh Supply Zone from 2014 immediately above bolstering overhead resistance to the EURO. This idea is in line with the Sell High and Buy Low concept.

ChrisSmithf0

The JPN225 has reacted to the overlying supply zone. A short trade on chart is suggested targeting the underlying demand zone. From a Wyckoff perspective, price has recently posted the UTAD and heading down.

ChrisSmithf0

AUS200 is a selling idea at present. On chart are the relevant Supply and Demand Zones. Trades are suggested to target intermediate and more extreme demand zones.

ChrisSmithf0

US Dollar Index is at a resistance level. Yesterday was a clear rejection of this level with a daily pinbar. Trade idea is possible rejection of price from this zone, which may offer a reasonable RR. Trade on chart.

ChrisSmithf0

EURJPY is in consolidation within a Traingular Structure. This consolidation is between Supply and Demand Zones. Considering a short trade that is approximating the Supply Zone. Two trades on chart with different RR = one aggressive and the other conservative.

ChrisSmithf0

AUDUSD is testing the Support Zone for the 4th time. The movement down has been impulsive. There is a higher probability of support break , as Buy orders are likely consumed. Trade on chart for Short.

ChrisSmithf0

The USDCAD is against Channel Resistance. Recent Candlesticks are Pinbar / Inside Bar. The present candle is incomplete and so the trade is a suggestion , as we are looking for a Bearish Candlestick with a close below the Mother Pinbar. This would also be a close below the 50 MAV. A more conservative approach would be to wait for a break of the RIver to the...

ChrisSmithf0

This pair has been in a long term range. Price has hit the Supply Zone and bounced off. Yes there has been a False Breakout (Fakeout / Stop Gathering) . There is sufficient RR available to consider a short trade and price to stay in this range. Trade on chart.

ChrisSmithf0

Trade on Chart with Fib based estimations. 1. This is a conservative risk strategy , with 2 swing points as resistance zones. Those who are concearned with Stop Targetting measures. 2. This is an aggressive risk strategy , with a single swing point resistance, which in turn offers a more favourable RR.

ChrisSmithf0

Pound under pressure from Aussie. Short trade suggested to Fib Extension. RR favourable.

ChrisSmithf0

This market is presently losing momentum quickly (RSI daggerfall). Look to enter a trade on small retracement of the last daily candle . Target fibs to the demand zone, scaling out of position at the minor structure zones. Trade on chart