After nice accumulation whre big banks and fonds accumulated position for nice move down!!
Around zone 78.74 i have prepare my short level with confirmation!!
Be on side big banks and fonds.. Don't try to go against them.. and be on side BIG PLAYERS.
After move down i expect correction to price level 110.24, where I will enter the short position.
There is nice confluence for this short trade.
1. Move down
2. Weekly close is down
3. Volume accumulation
On this daily chart is significant move up from the are around 1.3171, where is my long level for the future.
This long level is based on volume accumulation.
In chart is marked the biggest reason why i waiting for this long... Dont forget that after go up from this level was THE BIGGEST long candle in this year.
What indicates strong buyers in the markets...
This long level around 0.9399 is nice visible from Weekly chart on Volume profile. This level is based
on volume setup - volume accumulation. As you can see there was rotation which is followed by a strong buying activity by strong uptrend to the next
significant volume. When the price come back to this area i think of the buyers who are accumulated their...
USDCAD is still going down this week. It still seems not to be strong strong low on this pair,
For this reason i want trade only short trade.
In the chart is marked the most Volume areas for short trade.
On this trade i would like take only around 10 pips.
Here is nice result how market have memory!!
This is nice reaction on low of the year 2018... After strong sell off was this level like strong barrier.
Right now i waiting for pullback to 1.1380 fo my short trade.
This level is based on accumulation setup, where after long consolidation followed nice move down.
It it nice to see this level on daily and weekly chart too!!
Other mainly reason is marked directly in chart.
Why are so closed Yearly long times low...
Be prepared on big interested about this price level and be careful because this price level is watch by Big banks, what market Daily and Weekly charts.
Here is another short level what iniciation strong sellers...
There is nice levels for short.
From daily chart we are still in rotation and lot of people waiting for move out from this rotation.
Volume profile works great in rotation too, for that reason i choose thiw two short levels with confirmation. Main reason is visiable in chart.
Almost two days was price in rotating in area around 0.90968 and 0.9075.
Afterwards you can see that strong sell-off started from place there was volume cluster.
For that reason i waiting for pullback to this area..
Here is my level for Monday!
One short and one long trade based on Volume accumulation.. Both of this level is visiable on daily and weekly Volume profile.
Dont forget my intraday rules, it is important for this trades.
Here is my two yestarday´s levels from my Members area. ( Both ended up in profit )
Let me explain my how correlation between EURUSD and USDCHF works and how you can look at the charts.
EURUSD and USDCHF are negatively correlated (correlation almost -100%). If USDCHF falls, then EURUSD should rise. If EURUSD rises, USDCHF should fall.
This means that in...
There is nice to see consolidation, where is accumulated strong volume for short trades.
Stronger consolidation = stronger volume
I hope so that´s volumes of strong sellers which moved the market below...
Short 1 : 0.87507
Short 2 : 0.87875