As for the above pair; there are multiple areas of both Daily supply and demand zones. The probabilities of selling and buying at particular zones depends on the market outlook as from the 21/3/2022 - 28/3/2022. The best sell zone would be at the point of over - exhaustion as seen on the chart; while all in all keeping in mind the 78.6 daily fib line and the daily...
The above pair respects fib levels especially during retracements. Forced liquidation may probably push the market downwards up to the 38.2% fib monthly retracement zone which confluences with a key demand zone onto the left. Long positions can be considered once the market gets to this level.
Looking at the above pair; it is clearly following both the macro and micro waves. Currently the market is in the second micro wave and is about to begin the third micro impulse to the downside. In case of any fundamental impact over time, the above analysis may have very low probabilities. At the completion of the third micro wave which will also be the...
The above indices is on its way to complete its' first impulsive wave. The 'short long term idea' will be for the purposes of wave 2 (its correction phase); then followed by its third impulse wave to the upside.
Bullish Impulse move followed by a bearish flag; if a breakout occurs to the upside; the market may retest the previous higher high as shown by the blue arrow and key fib zones.
This pair has been respecting key levels in a smooth downtrend and it may even go lower than expected. In the meantime; since patience is key; it's good to wait for good sell confirmations before jumping in straight away
Waiting for a potential push to the upside on USDJPY to the key fib zones of the previous move and then a push to the downside to the key fib take profit zones. Patience is key. This pair reached a key daily resistance last week and previous support has turned into resistance on a H4. Let's see how the upcoming week the above pair will play out.
The above pair is in a downtrend and the best selling zone would be to patiently wait for a selling confirmation btwn the fib zones indicated by the red rectangle and then taking profits can be at the -27.2% or the -61.8 fib zones
The above pair is currently in a downward trend and the best selling zone, would be the zone marked by the red rectangle and take profits can be at the -27.2% and -61.8% of the fib.
Currently, i'm looking at the forming and completion of an inverse head and shoulders pattern, and then after the break of the neckline; a long position can be confirmed up until the 78.6 fib zine of the previous move.
