kayahene

kayahene

Breakof w1 supply. Confluenced with double buttom pattern. M1 shows bulls after break and restest of a zone

kayahene

M1 up D1 supply zone nested in W1 Counter trend trade. Only considering because there is good Risk :Reward

kayahene

Selling confirmed on higher time frame

kayahene Updated 

Though there may be buy pullback, it remains safer to go in the trend's direction. Possible sell scenarios

kayahene Updated 

Though there maybe sell pullbacks, the overall trend is bullish. Profits may be made from short term sells but this is unpredictable because what may appear as a sell, may be just a false move. Also because the bigger trend is bullish, it may be difficult to rely define a short term profit target Possible long scenarios given.

kayahene

First visit of the zone. Likely to sell

kayahene

Short term sell.

kayahene Updated 

Supply zone happened to be at where wave d of Shark completed

kayahene

Bounce off zone..Price might buy back if trendline is respected. Upper part of zone then becomes a good 2nd entry

kayahene

Bounce from zone validates long outlook

kayahene

Trend still bearish on longer time frame

kayahene

Sellers still strong on longer time frame

kayahene

A strong usd will likely cause a sell on EURUSD

kayahene

High impact news coming up though

kayahene

Facing supply zone

kayahene

Daily chart shows price is facing a resistance. H4 happens to be trading in a channel. MACD also showing a breakout. Sell trade. Use pending order