After those massive longs for last months in the last year. Market makers was in distribution phase of loading their positions. Manipulation market up and down to get better price for closing longs and opening shorts. COT data slowly start to say that they are ready. And this week we will have ECB. That could be last fake move up to create liquidity before...
This pair is reacting on Daily and weekly suplly zones. It coul drop much lower than my target like 78. But both currencies are weak now it could be a lot of sideways now. I ll take this small short now to 81.67. Plan is to close it partialy there, lock the SL and let it be. If we go lower we go, good. If not than BE with part of position is good too. Well I...
Dollar bullisnes is here no doubtt. we need to absorb daily supply which been tested many times. Than is there free way to weekly supply z one around 91
Gold was rejected on strong supply zone. And thanks to the strong USD is droping now. I will wait for daily TL break and absorbation of demand zone. Than I will short it on the new created supply. Target is 1312 where I will close part of trade and lets see if the market will dorp to the weekly demand around 1260.
Weekly is still downtrend, but bounced from demand. Daily broken downtrend line. H4 we lower hight to and hiher hig to establish uptrend which is most likely gonna happend. will wait for corection with target bellow daily Supply.
All timeframes up. Im already in the long and will add another one with target on the high.
Pound was couple months in distribution phase. Banks were closing longs and adding shorts. Fake break out and now its going down the hell. I have already 2 positions and will add another on retracement. H4 Already downtrend established by absorbing two demand zones. D1 Breaking thru the TL ( trend line) strongly which cause institutional trading. W1 Bearish...
Weekly bearish engulf from brexit supply zone. Daily breaking trendline creationg new supply. H4 new downtrend extablisehd. Shorts from H4 supply 1.4185 to 1.4 and with extension to 1.36
Market failed to break thru daily trend line. H4 trendline broken. Created new supply zone for potential short to the low. where I want to close firts target. IF low broken than we have potangial target on the next aidly demand. As seen on the right top corner
H4, daily TL brokend Nice reachtions from weekly daily DZ Wait for retracement. to demand zone.
Storng bullish reaction, now retest, potential longs.
2 DZ absorbed new supply, Dontrend H4. D1 trendline must be broken for validating. Weekly bearish endgulf.
2 demand zones absorbed, creating new supply poential retest and continuation lower to 0.72156
H4 up opposing supply removed I expect this go much much higher but daily trend is still down.
I expect strong AUD and weak JPY. Daily DTL broken, H4 as well. Created new demand zones, Daily Busllish engur reacted at DZ and removing oposing Supply. Nice potential trade on H4 with Target bellow 83. There I will close first part. Than lock the take profit and let the rest go above 84. Positive Swap