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.
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.
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.
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.
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...
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.
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.
Pound under pressure from Aussie. Short trade suggested to Fib Extension. RR favourable.
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
EURCAD is breaking the Support Zone on the 3rd attempt. The momentum is to the downside with the RSI well below 50 heading south. The area of interest providing strong support comes in at 1.27. Trade idea on chart.
GBPUSD may have completed a final leg of a Bat Harmonic with price travelling from the Supply to Demand Zone As this is a fresh test of Demand a reaction is anticipated. Price is Oversold. Looking for a Bounce towards the .382 - .618 fib. from which a trade in the major trend direction can be taken. Trade on chart.
The S&P 500 may likely be in a selling position for the coming week. Reversal is suggested towards the Demand Zone below. Entry is now. Stop above swing high. RR = 3 Trade on chart.
Its on the chart and very self explanatory. Price is behaving very very similarly to a Wyckoff Redistribution and it is in the final phase of consolidation, before the exit. Keep an eye out for this exit breaking the Demand Zone , as a significant Drop will follow.
GBPUSD is moving down from the recent double top at the Supply ZOne. Looking to see if GBPUSD can break 1.20. If so then a retest and hold of resistance at this price could favour a short trade. This is on chart. The RR however is only in the scalp range.
This Crypto is between Supply and Demand Zones. There has been a rapid movement of price to the downside = DROP Several tests of the DEMAND ZONE , with price bouncing of a double bottom formation. This rally is not impulsive but more COMPRESSIVE in nature. This would suggest price will bounce off the SWAP Zone and head south back to test the Demand Zone. A...
We have seen USDCHF come off a Major Supply Zone and test the Intermediate level. We can see this as 3 tests of Intermediate Support 1. Test 1 - Immediate rejection with a double bottom with Reversal straight back to Supply. 2. Test 2 - Further movement into the Intermediate Demand and Bounce not making back to Supply. 3. Test 3 - A false break of the...
EURCAD is at a strong DEMAND ZONE. Why so ? 1. It has been 9 years since price has been so low. 2. Look at the progressive penetration of the Demand Zone by the Sellers. On each occasion price has not moved as low. This could be a good place to take a long towards the intermediate supply zone, and ultimately the major Supply Zone. Where price is at the...
EURGBP has been travelling within a Channel down from the Supply Zone Price has recently retested the Channel high. Considering a short trade. Use the trendline and recent swing high as resistance. Target the Demand Zone RR is reasonable. Trade on chart