GBPAUD has been making higher highs and higher lows for a while and the upward trend channel has help up very good. i am only interested in price if it drops down to the level of demand set and price action to show continuation of longs. already see price starting to reject my support trendline channel.
PRICE is currently floating in a daily demand zone , a zone which was responsible for a very deep drop so we think that price should go up some more to gain more energy and finally drop. i will only be interested in shorting if price reaches my area of fresh supply set out with a tp1 set ,but i like riding swing lows.
the market has been dropping and i believe it will drop some more. there is a daily demand level that has been tested before and violated which strongly suggests that the market could push price passed it to continue the downtrend. i am certainly only interested in shorting this market if price pushes up abit to the supply level set and confirm that it is going...
price isnt very nice, as the market has been going up and down alot of times but in a bullish trend, there is a possibility of price continuing in the uptrend. i am only interested in going long if, ONLY if price reaches the area of demand set and shows possible longs. that would also be a very strong support trendline which price should react to.
USDZAR has broken the uptrend trendline structures and now we are waiting for a valid entry. price should undergo some form of resistance on the major trendline which is where price is at now and possibly a bit of an upward move to gain more energy or more entries then the downtrend is on. i am only going to take this trade if price reaches my set supply level.
USDCAD had been stalling for awhile now and it seems like it is ready for the big moves. the first being a possible long trade. would only be interested in buying this pair if price reaches that nearby demand level for an entry that could run for +- 100 pips.
awaiting price to bounce off of the support trend line and the strong support and resistance line inside...
daily demand is in control and its trying to move price up. as price move into the daily demand lower highs were made and the most current was taking out by the demand in control and price seems to be taking too long to re enter the zone to confirm longs which increases the chances of it pushing through the demand in control and we hope then long confirmations...
as price took out a few levels going down new lower highs formed until the most recent high got broke and we got confirmation on the retesting of the zone. price should go to TP 1 and possibly pass it.
As price reached the daily demand zone that causes the price to move up and break a few highs or just one in the one hour tf. Awaiting buying confirmation at the set demand zone which should push the price higher if it reacts accordingly.
The daily demand level is in play and a hourly supply zone was set and later broken and the demand level that is responsible for the break which is usually the one just before the break, is set. now we await a test of this demand zone which will confirm a long position to the exists set.
EURUSD - (bias long) has re tested the daily demand level which suggests possible upward movement. hourly supply was found which broke and the demand responsible for the break is drawn and now we are waiting for price to bounce off of that newly hourly demand to confirm long position.