LupaCapital

LupaCapital Updated 

GBP shows a great manipulation move where buyers and sellers just used strong price action here to take out as many stop losses as possible. Pushed down and rejected the lower timeframe block Bullish trend However trade smart - the price can go either way. Alerts set for long to weekly supply

LupaCapital Updated 

Expecting a fake out of the supply zone here - what to expect. When the price pushes up - we can see previously 1.11 is a supply zone - based on the DXY - expecting this to push down as the bears are in control as of this moment. Watch and wait surround 1.1090 - 1.11

LupaCapital Updated 

Nice push down into the zone - fresh order block has been tested. We got a nice rejection candle. Awaiting a push back down before rejecting again or to accumulate orders If not, the pair will push higher into the zone and look to take a trade there to the next zone

LupaCapital Updated 

Update - GBP growing in strength and expecting a large engulfing candle to occur. Await the next demand level then we will act accordingly there.

LupaCapital

After consecutive losses for Nasdaq - we have arrived at a daily level. Awaiting a upthrust to catch out the breakout traders and retailers. Once back in the zone, we will go long If the candle does not close in the zone - we will assess the rstest on this fresh area and scalp trade. Planned for both sides. Ready to take action.

LupaCapital Updated 

What happens when the price reacts during the open? Today during the Asian session open - Nasdaq had a gap down, this is due to "Apple Inc. doesn’t expect to meet its revenue guidance for the March quarter because of work slowdowns and lower smartphone demand, showing that the virus outbreak in China is taking a bigger-than-predicted toll on one of the world’s...

LupaCapital Updated 

How about that trendline - GBP is getting alot stronger with multiple lower highs and lower lows. Currently the trendline is around 0.839 which has been rejected - Waiting for a long short here. Bear in mind fundamentals can cause the trendline to be fakedout to the upside or further rejected. Weekly - bearish Daily - bearish 4 Hourly - bearish We have been...

LupaCapital Updated 

Currently long - however expecting the price to range between the fresh supply and fresh demand before making a fundamental push affecting world stocks. This area is quite volatile as of now. What to expect - fresh supply is yet to be tapped. once tapped, expect a fake out in a risk on scenario Risk off - price will push high into the zone (this may breakout) -...

LupaCapital

Long opportunities, however any negative aspects of Brexit in terms of negotiation deals, spook of coronavirus. Due to these reasons, markets can go to the downside. Keeping with supply & demand - We look towards the upside as the trend is bullish. Fresh supplies need re-testing, also demands need re-testing to grab liquidity.

LupaCapital Updated 

US market is closed - one hour chart showed a liquidity spike to grab some fresh orders from the block Awaiting the next move to the upside (long term)

LupaCapital Updated 

1 hour rejection candle, followed by a huge engulfing confirmation on the rejection as our demand zone was not broken. Instant rejection as multiple orders were present Next are is 1 hour supply or swap zone

LupaCapital

Currently in some profit - risk free - if the demand needs retesting, we will let it and re-assess a new position from there. The previous demand turned to a swap zone after multiple touches and a great pullback before shooting through the demand to become the new supply.

LupaCapital Updated 

Nasdaq to 10k? The setup seems unfazed by market sentiment around Asia. However a pullback may be necessary for a bullish continuation. plan the trade accordingly, there maybe a short term rush to the demand zone - today is slow with a US holiday. Trade is still holding

LupaCapital Updated 

Minor supply has been touched Awaiting a confirmation of a further price rise to the 4 hour supply retest before shorting or a valid break of this minor 1 hour zone Tomorrow will provide further liquidity for a longer setup.

LupaCapital Updated 

Short set up - Supply zone has multiple indecision candles - The demand zone needs retesting Worth noting - two supply zones on top of each other one a 4 hour second a daily

LupaCapital Updated 

Bulls broke the range. Expecting a pullback to see if the one hour demand zone still has good orders, if not 4 hours. Awaiting confirmation of a slowing trend or if orders keep pushing momentum up. Alerts set for either scenario. Will trade await London session for updates.

LupaCapital Updated 

GBP we think is getting a little bit weaker today, due to the demand zone being hit and needing a bounce back to the 4 hour supply zone. London session will tell us more where to act.

LupaCapital Updated 

Active trade now - expecting a nice fall back to the demand zone. Note: our stop maybe adjusted, this is uploaded for purpose of taking the trade. Test of supply, order block sending back to the overall long.