Audusd is in the middle of the weekly curve so when i go down to my intermediate time frame (daily) notice the trend is up so i then drop down to my trading time frame (4hr) i am now looking for buying zones and i notice a RBR and a DBR as well the target is based on the opposing supply zone. #DIVINELIVING
We have a intraday trading opportunity with GBPNZD being in the middle of the daily curve so i drop down to a 4hr to analyze trend and notice its a down trend so i drop to a 1hr chart to pick a supply zone to follow the trend and notice a rally base drop the target is identified based on the closest demand zone. #DIVINELIVING
NZDCHF is in the middle of the weekly curve meaning on the middle time frame (daily) we follow the trend and in this case the trend is down so we go to our trading time frame which is a 4hr chart and look for pullbacks to short and on the 4hr chart we noticed a rally base drop and our target is going to be the opposing demand zone. #DIVINELIVING
EURCAD IS HIGH ON THE WEEKLY SUPPLY AND DEMAND CURVE, ON MY MIDDLE TIME FRAME WHERE I IDENTIFY TREND (DAILY) EURCAD IS CURRENTLY IN A UPTREND WHICH MEANS I GO TO MY TRADING TIMEFRAME IN THIS CASE ITS THE 4HR CHART AND I LOOK AT MY BIG TIME FRAME SUPPLY ZONE WITH MY 4HR CHART AND NOTICE A RALLY BASE DROP SO I AM LOOKING TO SHORT THIS PAIR MY TARGET IS IDENTIFIED...
AUDCAD IS HIGH ON THE WEEKLY CURVE ON THE DAILY CHART IT IS A DOWNTREND SO I LOOK FOR A PULL BACK TO FOLLOW THE TREND ON MY TRADING TIME FRAME WHICH IS A 4HR AS YOU CAN HIGHLIGHTED IN YELLOW IS A NICE RALLY BASE DROPE FRESH SUPPLY ZONE MY TARGET IS BASED ON A DEMAND ZONE. SUPPLY AND DEMAND IS KEY. #DIVINELIVING
CADCHF IS HIGH ON THE WEEKLY CURVE, THE DAILY TREND IS A UP TREND SO YOU GO BACK TO THE WEEKLY SUPPLY ZONE ON YOUR TRADING TIME FRAME WHICH IN THIS CASE IS A 4HR TIME FRAME AND AS YOU CAN SEE THERE IS A NESTED SUPPLY ZONE THAT IS FORMED AND A BEAUTIFUL DROP BASE DROP FRESH SUPPLY ZONE. MY TARGET IS BASED ON A 1:3 RATIO. SUPPLY AND DEMAND IS KEY. #DIVINELIVING
USDJPY IS LOW ON THE CURVE AND IS IN A UP TREND ON THE DAILY TIME FRAME SO I LOOK BACK INTO MY WEEKLY ZONE ON MY TRADING TIME FRAME AND NOTICE A RALLY BASE RALLY WHICH IS A NICE FRESH DEMAND ZONE MY TARGET IS SET BASED ON A 1:3 RATIO. SUPPLY AND DEMAND IS KEY. #DIVINELIVING