withoutmercy

withoutmercy

Looking at this 4 HR chart it is time to continue as BUYER as it breaks the flag. Target is nice with high risk and reward.

withoutmercy

EURAUD still in bullish mode and I would watch the sell Zone area where we want to see rejection. If that happen I would be a seller. It is a waiting game now.

withoutmercy

This is something we don't want miss because of the huge move potential to the upside. With that tweezer bottom at daily chart, we have big opportunity to hit a home run. Watch the chart closely for entry opportunity.

withoutmercy

Look at the daily chart we can see rejection at support zone and go down on 1 HR chart , price now moving above EMA so its good to go long according to my rule. I am looking for 1:2 RRR for the first opportunity.

withoutmercy

We can see on Daily Chart that price is now in uptrend and moving in a nice channel. As we are back at the bottom of the channel, we assume that price should move upward. On 1 HR chart we see price has break the EMA and now we can enter long waiting for bullish candle confirmation before taking an entry. This trade is good for 1:3 reward ratio.

withoutmercy

On the Daily chart, The downtrend is still intact so we are looking for short position opportunity Look down at 4 HR chart, we see a strong pullback to reach the EMA 75 and now moving down and I have plan for entry below the EMA which is according to my rule for short position and we look for 1:3 risk reward ratio which is a nice trade. I see double top and...

withoutmercy

In my system, the price (Daily Chart) respected 25 EMA high, as it has been doing same thing the past 2 occasion, I assume that it would do the same. I have taken short position on Friday , hopefully it would be a nice trade

withoutmercy

There are so many short potential for this pair as the demand zone still far below on the weekly chart.

withoutmercy

EG still continue from last week scenario which was working very well, as the market might wants to make head and shoulder, then retracement is expected then we should go short after counter trendline break.

withoutmercy

Should I go long or should I go Short?

withoutmercy

Following demand and supply zone, we should have a long bias on AUDUSD. as the market form the higher low and move upward. We can use simple idea of breaking the counter trendline before taking trade.

withoutmercy

EURGBP is at good price zone for short. The candle seems confirming that it is a supply zone. But I want see another retest to upside then move down. Very nice risk reward if its played out well.

withoutmercy

Gold is weakening shown by a pin bar near supply area. But before I go short, need confirmation by market broken the trend line and the first support below it. As soon as the market does that, we good for sell to the demand zone far below. Let see what happen tomorrow.