AUDUSD is at bullish momentum at the moment, it seems to remain like that Until 0.7710 zones, the 2 Demand levels I marked on the chart, are Great level of continuing this bullish momentum, therefore I'll buy At the demand below, and if the price will break this level, I'll buy At the demand at the bottom.
After the recent uptrend on the S&P 500, I prefer to wait for reversal. If the price will break the confirmation zone, it indicates that the price tends to reach the demand below, and maybe the one at the bottom. therefore if the price will break the confirmation zone, i'll look for P"A Setup to sell, my first target will be the demand below, and the final target...
The supply level above is a great level for continuation trade, High probability the price tends to reach the demand at the bottom, Since the price didn't hit that level yet, the supply above can a great Level for sell position, the first target will be the support zone, and The final target is the demand below.
Those are the next fresh supply and demand levels for swing position, Each one of those levels holding unfiled orders, therefore at the first Time the price will hit those level, I'll open a position, I'll buy at the demand, And sell at the supply.
If the price will breakout the confirmation zone, it's a sign that the Recent bearish trend has been changed to bullish, and the price tends To reach the supply above, and maybe the supply at the top, therefore If the price will break the confirmation zone, I'll look for P"A setup to buy.My target will be the supply above.
At the moment it seems the USDCHF is on his way to reach the supply above, The best situation for me is if the price retraces the demand below before reaching The supply, then I'll buy at the demand, and my target will be the supply above. The supply is also a good level for sell position, both levels are relevant for a daytrade.
Waiting for the price to breakout the confirmation zone, If that happens it indicates the price tends to reach the supply At the top, therefore if the price will break this level, I'll look For P"A setup to open buy position, the first target will be the resistance zone, And the final target will be the supply at the top.
GBPCHF seems to be bearish at the moment, the price very close to reach The demand below, this demand is a great level for reversal trade, Therefore I'll buy at this demand, my target will be the supply above.
At the intraday term the DAX index seems to be bearish, high probability That the DAX tends to reach the demand below and maybe the one at The bottom, the supply above seems like a great level to continue this Momentum, therefore I'll sell at the near supply, the first target will be the Demand below and the final target will be the one at the bottom.
After the recent downtrend, I prefer to wait for reversal opportunity, If the price will breakout the confirmation zone, it indicates the price Tends to reach the next supply above us, therefore if that happens I'll Look for P"A setup to buy, my target will be the supply above.
USOIL seems to be bullish recently, high probability the price Tends to reach the resistance zone above us, therefore the demand Below seems to be a great level for continuation trade, I'll buy at the Demand, and my target will be the resistance above.
There is high probability the CADJPY is tending to reach the demand below, Since he didn't reach that level yet, I'll sell at the supply above, in order to Continue the bearish trend, my target will be the demand below, which is Also a great level for buy position.
At the swing term, the NIKKEI index seems to be bearish, this momentum Start with the supply above us, this supply seems like a great level for short, Therefore I'll sell at this supply, my first target will be the support below, And the final target will be the demand at the bottom.
Great fresh supply & Demand levels for GBPNZD, the supply above Is a great level of continuation trade, I'll sell there if the price retrace This level before reach the demand below, the demand below is a Great continuation level in the longer time frame, I'll buy at this demand.
The supply above is the last one that the price left there unfilled orders, It seems like a great level that can take the price down to the demand below, Therefore I'll sell at this level, and my target will be the demand below, If the price will hit the demand first, I'll buy there.
At the intraday term the GBPJPY created a new supply above, If the price will retrace to that level I'll sell there, my first target Will be the support zone below, my final target will be 149.20 zones.
The new fresh demand below us that created yesterday at EURCAD, Is a great Quasimodo level, this level change the recent downtrend from Bearish to bullish, and it seems the price tends to reach the supply above, Therefore if the price will retrace to the demand below I'll buy there, My target will be the supply above, which is also a great supply for sell.
The USDCAD is between critical supply and demand levels, each one of them holding unfiled orders, it's a great level for Position, therefore I'll sell at the supply, and buy at the demand.