the5erstrading

the5erstrading

The USOIL is between two critical key levels which are great levels for short term trades. The supply above is a great level for sell position and also seems like a Quasimodo pattern, The demand below seems like a great level for buy position. Both opportunities are referred to short terms forex traders.

the5erstrading

On the D1 chart, we can see how the price performed a descending triangle pattern, The bottom line of this triangle has broken out two weeks ago by a new fresh supply created. this supply is a great level to sell BTC/USD as a long term continuation trade, The demand at the bottom will be the target.

the5erstrading

The EUR/USD price is bullish for intraday traders. However, on the higher time frames, we can see the price arrived into a fresh supply which can turn the price Back to the bearish zone. The support below is my confirmation if the price will breakout the support it indicates the price tends to reach the demand below and Therefore I'll look for a price action...

the5erstrading

USD/CAD price performed a symmetrical triangle pattern on the Monthly chart. The price range becomes very tight, it seems that very soon the price will have to pick a direction and to break the pattern. It is very rare to find a triangle pattern on the monthly chart, If the price will break the pattern toward up I'll look for a price action setup to buy...

the5erstrading

For the swingers among us, we can see the XAU/USD is bearish. For now, the price is between two Quasimodo levels. Quasimodo pattern is one of the most powerful reversal patterns. The supply above is a bearish QUASIMODO pattern and a great level for sell position. The demand below is a bullish Quasimodo pattern and a great level to buy XAU/USD.

the5erstrading

The price has performed a double bottom pattern on the D1 chart, Also, while the price created the double bottom the MACD created a higher low, which's called MACD divergence. The combination of double bottom and MACD divergence creates a great setup for buy position. If the price will break the resistance above I'll look for a buy signal, If the price will move...

the5erstrading

The gold price is just about to reach the fresh supply above. It is a great supply for sell position, If we look at the D1 chart we can see that the price has performed a head & shoulders pattern but didn't complete all pattern yet. If the price will react to the supply above and move down from there it will complete the right shoulder and all the pattern. This...

the5erstrading

For the swing traders among us, I marked the demand below which is a great level to Buy GBP/USD as a continuation swing position, Buy at the demand and the target will be 1.2680

the5erstrading

Marked in the picture the key levels for a day trading opportunity Buy the demand where the price just arrived now. Sell the supply above.

the5erstrading

USD/JPY is after a significant MACD divergence The price creates a fresh supply above which formed a bearish Quasimodo pattern. It's a great setup to sell USD/JPY, Targets are the support levels 1 and 2 below.

the5erstrading

USOIL is most likely on its way to close the gap from the beginning of the week. The fresh supply above seems like a great continuation level to sell USOIL. If the price will break out the supply above it indicates the price on its way to Reach the supply at the top.

the5erstrading

The Gold price compressed down toward the demand below. It seems like a great demand to buy Gold, The confluence of price compressed down and a fresh demand is a great one for buy position. I'll buy the demand at the first touch

the5erstrading

After the attack on Saudi Arabia oil fields, the oil price open this week with a huge gap up. This gap creates a fresh demand below. I'll buy at this demand if the price will back there. The first target will be 65.00 zones and the final target will be 73.00 zones.

the5erstrading

The price open this week with a Gap down and creates a fresh supply. This supply is a great level for sell position, I'll sell on the first touch and the demand below will be the target.

the5erstrading

The fresh supply above creates a bearish Quasimodo pattern for sell position, I'll sell at this supply and the target will be 57.00 zones.

the5erstrading

Breaking out this support Will indicates the price On its way to the demand below. If that happens I'll look for price action setup for intraday sell position.

the5erstrading

Price moves down toward demand level which seems like great level for buy trade The target will be 10.800 zones

the5erstrading

AUD/USD is bullish at the moment, It seems the price tends to reach 0.6850 zones which is the next fresh supply. A few hours ago the price performed a new fresh demand. I'll use this demand as a continuation level for buy position. Meanwhile, we can see how the price compressed toward this demand. when a price compressed toward demand it's a great setup to buy.