QUICK SKETCH based on: trend analysis , chart patterns, and tech indicators drop a comment if i should drop some more details :)
usdjpy buy h4 demand zone respected and broken inverse head and shoulder tp 1 @ -27 tp 2 @ -61.8 tp3 @ -97.777
usd chf long daily convergence on daily demand zone if price breaks it will go to the next green daily demand zone tp is -27%
Tools Used for the quick sketch fib retrace fib extension trend lines support/resistance demand/supply zone and price action on multiple timeframe but better seen on H4 for market structure :)
QUICK CHART PATTERN WORK Used fib retrace, fib extension, demand/supply zone and price action. (1/2 min to do)
On weekly time frame: 15th March 21: Demand zone is draw from high (109.379) to low (108.602). 12th March 21: 50% retracement line drawn from high (109.768) to low (108.602). On daily time frame: Looks like head and shoulders (left shoulder forming). On H4 timeframe: Trendline drawn from first point (110.987) to second point (110.826) with other major...
usdchf short position and potential pattern
AUDCAD buys.... BOS (Brake of structure) confirmed HL confirmed In demand zone for final kiss SL below previous HL. tp 1: -27% tp2: -61.8%
NZD/CAD Demand zone Long/Bull position awaiting bullish momentum...
DAILY ANALYSIS OF USD/CAD CANDLE FORMATION AND SUPPORT/RESISTANCE ZONES ARE NOTED IN BLACK HORIZONTAL LINE
BOS on 3 HR TF 61,8% Retracement on H4 Divergence on Daily TF Weekly resistance TP 1 (-27%) TP 2 (-61.8%) TP3 (-97.77%) sl: 15 pips above LH on H4