DemoDiaryFX_Trading

DemoDiaryFX_Trading

USDSGD is in a downtrend on H4, breaking and retesting clear levels. There are two levels marked up - the upper is important mirror level that the price already retested and rejected with a double top, and entry level, which is secondary level of resistance and also the neckline of M formation (double top).

DemoDiaryFX_Trading Updated 

The price is in a clear H1 trend, recently broke and retested, and rejected previous resistance - now support. I expect one more push to the downside to grab liquidity and then continuation to the upside.

DemoDiaryFX_Trading

EURZAR Head and Shoulders, possible 2R trade. Weekly uptrend. Wait for break and retest of the marked-up consolidation area, which is right shoulder

DemoDiaryFX_Trading

Gold is in an uptrend from weekly perspective. On H4 it created a double bottom and now broke and retested previous resistance

DemoDiaryFX_Trading Updated 

Price is in a historical uptrend for many years. Right now this index is showing an aggressive pullback to previous all-time highs of 3400, and even started rejecting it. However, due to its aggressiveness, I believe we can see a deeper pullback and test lower support of 3200, which previously was acting both like important support and resistance. A possible trade...

DemoDiaryFX_Trading Updated 

The price formed H1 downtrend, market is breaking and retesting clear levels of support, turning it into possible resistance levels. Setting a sell limit here, with a SL protected by secondary structure. All marked up on the chart.

DemoDiaryFX_Trading Updated 

GBPCHF is in an uptrend, recently broke this H4-daily level. Planning to buy at retest

DemoDiaryFX_Trading Updated 

AU is in an uptrend. Currently broke another resistance and retested, and also rejected it. I believe the price can make another push to marked up support area and then continue it's uptrend.

DemoDiaryFX_Trading Updated 

CHFJPY broke, retested and rejected this H1 level of support, turned resistance. Sell limit for a better R.

DemoDiaryFX_Trading Updated 

Gold is still consolidation inside it's Daily triangle, however recently it broke above 1940 area, which is now turned support. I'm expecting one more push to 1935 area to grab liquidity and then a push to 1980 area. Placing a buy limit

DemoDiaryFX_Trading

Gold recently broke consolidation range, and now gold is building up just below 1950. I marked up two most likely scenarios from now - first is we just break above 1950 and go higher, and another one we make a pullback to the 1940 area and then go higher.

DemoDiaryFX_Trading

The pair formed new LL and LH, also broke a significant support, now came back to retest it. On a way for a retest the pair showed some slow down and an initial rejection as well. Going short here.

DemoDiaryFX_Trading

CHFJPY is testing its very important resistance area, based on weekly chart, already rejecting it. However it also created a very good sport for stop hunting above those wicks. JPY is getting stronger and CHF is getting weaker from COT data, so I believe a market can make a fakeout and then drop.

DemoDiaryFX_Trading

NZDJPY is currently is testing its multiyear bearish trendline + important resistance of 72.00 Two main scenarios for me is break and retest or consolidation and a push to the downside.

DemoDiaryFX_Trading

EURPLN broke out of this consolidation box. I believe the price can go for a retest of the box, and then make another push to the upside

DemoDiaryFX_Trading Updated 

CADCHF is showing HH and HL, recently broke H4 horizontal resistance, which is now can act as support. Waiting for this retest for a possible long, if the price will show bullish signs on retest

DemoDiaryFX_Trading

1920 is an important support area for gold + local uptrend line area respected. SL hides behind 1900 area, TP is 1960-80 area for a 2R trade.

DemoDiaryFX_Trading Updated 

USDSGD is in a clear downtrend on H4, breaking and retesting horizontal levels. I expect it to test this marked level and continue its downtrend