KevinMelinda

KevinMelinda

You can see the green fresh Demand zone you can buy here or if price pulls back into the supply zone sell. The USD is much stronger than the £ so try and trade supply zones

KevinMelinda

These are 2 strong currencies from a fundamental point of view they will range

KevinMelinda

This pair is in range price is at the top of the range it should start the move to the bottom over the next few days

KevinMelinda

Once the price gets to the fresh supply zone it should be a great sell open a short position in the middle of the first supply zone hope it works out for yous

KevinMelinda

please read the text on the LHS PA should get back to the supply zone in the next couple of weeks once here i will put some entries up

KevinMelinda

great set up here waits until price gates back to the supply zone. The pound is weak for 2020 so only short it 1. We have Historical supply zone 2. We have afresh demand zone (TP around here) 3. Price breaking out for a second time your SL needs to be the highest point your TPneeds to be top of the range

KevinMelinda

1. PA going to hit fresh supply 2. previous S=R 3. Zones taking out zones 4. Excellent Fundamentals 5. Trend line support (we need the 3 OHLC break after the election) 6. PA correct on the 4H 7. PA correct on the 1H 8. Been up trending for 4 months I will show lower time frames closer to Brexit for good entries I will show u the PA next week on the 4H

KevinMelinda

This is a sell set up after the UK general election 1. It is in a fresh supply 2. Prices are in the OB zone on the RSI on the daily 3. Fibbs Tool is at TOP of the 4 Hour 4. Supply & Demand Equation been respected 5. A trend line has been broken 6. Watch this for the next couple of weeks there should be a big sell-off

KevinMelinda

Possible Sell Setting up This move was based on bad fundamental data from the USA yesterday. (PMI) Price has left a fresh demand zone and pushed up 3 times now. You can see the bulls are getting weaker due to the price is holding for longer and longer. (green dashed lines) This should reverse back to the fair value are (50% Fibbs) that would be your first TP....