Price has reached daily supply and in the 1hr is starting to show bearish moves, as the previous higher low has been broken and we may soon see a lower high as well.
DXY has reached our flip zone region We may see some strength now, or it will continue down to 95 where the next 4hr demand zone is located.
DBD daily supply level Zone is with the trend (downwards) Downside: close to opposing HTF zone
GBPJPY: I have a love/hate relationship with this pair. It can make you win a lot, or lose a lot. Price is approaching several weekly demand zones. My favorite sweet spot would be the 135.5-136 region because that's where we can find strong 4hr, daily and weekly demand zones. We definitely have a chance for price to continue for another 500 pips down until it...
DXY reaching weekly supply I think it has the potential to break through it and continue with its momentum unless we see a break of the trend if price gets the chance to form LLs and LHs. A break of the 95.5 region will also signify that. Until then we might get the chance to go long if price gets to 95.5 Strong 4hr demand level and flip zone, supports the trend.
Countertrend Reverse h&s + 1hr demand zone Huge RR potential
demand zone is countertrend tp to supply zone then take the supply
We might get a bounce from the 4hr demand up to the flip zone and daily supply. Great short opportunity if price gets to 1.16
Weekly demand zone which successfully acted as a floor for price several times in the past.
Approaching weekly demand level. Will be looking to close shorts and look for longs after confirmation if trend reverses.