With W1, D1 still in a uptrend move and price enter deep down low curve of swing. Intend to go for a long on a zone that is found on a H2 TF. Missed the first pullback and now hoping to get the 2nd pullback before price shooting upwards... SL set to be 25 TP1 set to be min 75 above.
With the Daily and H4 showing signs to downtrend and a ranging market on weekly, the possibility of a short is more probably. Found a supply zone that coinside within both H4 and D1 TF. SL - 30 + 10 pips TP1 - 130pips
Found a nice zone on weekly and though its against trend trade, i find that this area should provide a good resistance bound back up. For your consideration
Intend to short EUR/CAD at this point as the D1 and H4 still showing in downtrend form. The zone nicely sits in the 88.6 area. But do keep looking out on W1 as there are signs that the demand is showing resistance that prevents a lower low to be formed.
First trade for 2020.. was busy settling new family member thus the long silent since Dec 19. Saw an opportunity to Short EUR/AUD at H4. The supply zone found at H4 lies nicely at a Fibon retracement level of 50% mark. Moveout from zone was strong and AUD been changing towards a stronger pace recently. Setting SL to be ard 30 and TP1 to be ard 80. For your...
Saw that W1 is still on a downtrend and D1 is reaching a potential bull trap happening and maybe expecting a good retracement as this weekly supply zone. Falls inline with a 78.6 when seen under H4. For your considerations....
Saw a nice position to short USD at supply position. Does not falls exactly in the fibon but is located relatively near to the 78.6 zone. This position has a very strong move away and time stay is relative short. With a minor zone, this could be a good min 1-5 potential. With the weekly and daily towards a downtrend sentiment, this is quite nice. For your considerations
While the general weekly trend controlling high is not broken, the daily and H4 trend have already seen the change in sentiment. Expecting the price to retrace down to before bouncing back up to challenge the weekly high. This level sees a relative good strong demand with support of a 78.6 Fib zone. For your considerations.... Learning is never easy, but...
Saw a demand position at H1. Price retracing current from a supply zone but based on daily sensing, seems like a small term long is possible. Area coincide with a 38.2 level for entry... Recommend max 1-2 trade.
Saw a relatively good demand zone on H1 that lies into fibon retracement level on both H1 and H4. Given the change in trend in D1 and uptrend in H4. Decide to take a position on this. For your consideration. Beginner assessment.
Shorting at Daily Supply zone at the controlling swing. Expecting a retracement at this level. Short term trading.
With the price hovering within the range, seems like the sentiment is heading towards a change of trend with a higher high shown in Daily chart. Decide to long instead of short based on the zone found on H4. Just nice, it lies at 38.2 zone. For ur thoughts... Beginner me...
Found a weekly supply zone at the level to short against a rising trend. Relatively aggressive trade as its against trend but the area found is quite a strong move away from level. Time spent at the area is short too. Looking for a min 1:2 trade as this area. My own opinion for thoughts.... Learning as i go...
Showing uptrend signal from Weekly to monthly to daily. Zone found at pivot breaking area at H4 and minimal time spent in zone. Coincide with a 38.2 retracement level Strong moveout with a DBR.
Looking for a short term trade for a long position at H2. With USD pricing likely to fall further, EUR should re-gain some strength for a short term long towards 1.128 area. Price level found there breakthrough a pivot point and have min time stay in region. The distal line falls near 38.2 retracement zone too. For consideration... I am learning too. Cheers.