Dear traders, the SPX recently broke the ascending trendline and, after retesting it, fell below the 100 moving average that acted as a support twice after the March fall, exactly on the top of the Fibonacci retracement area (yellow box). This is not a random level, as the market precisely set itself on a crucial level waiting for the next week results, before...
CADCHF- We can see price has broken out of this ascending TL which it was respecting and now made a lower low (potential change of directions) however before entering we need to wait for the 1H close to confirm a lower high has been made. We have a good number of confluences forming here which are, price has retraced up to the 38.2 fib level and 50EMA which is...
GOLD WILL CONTINUE TO THE UPSIDE until the recovery of the $
The demand below seems like a great level for intraday reversal position, For now, the price seems bearish and the demand below is a great demand to buy EUR/USD. This position is considering an intraday position, I'll buy this demand on the first touch of the price.
As we can see on the chart, I marked up 2 critical levels for intraday positions on EUR/USD. It seems the price on his way to reach the supply above, If the price touch the demand below before reaching the supply above I'll buy at this demand level and the supply above will be the target. If the price reach first the supply above I'll sell there and the demand...
These are the next critical key levels to look for intraday positions on GBP/USD. As we can see the price is bullish at the moment and it seems the price on its way to reaching the supply above. The demand below seems like a great continuation level for a buy position and if the price retrace that demand I'll buy there. The supply above is a great level for sell...
As we can see in the M15 chart the price created a new demand below, This demand seems like a great continuation level for the bullish momentum. I'll buy on the first touch of the price and the final target for this buy position will be 1.2320 zones.
AUDUSD seems to stay bearish until 0.6600, it is the next fresh demand that we can see on the weekly chart. The supply above seems like a great continuation level for sell position. I'll sell at this supply on the first touch and the target will be 0.6600 zones.
The EUR/CHF price has a nice rally in the last couple of hours, This rally creates also Quasimodo pattern which is a reversal pattern. The right level to buy EUR/CHF is the demand below, if the price reaches there I'll buy. The final target will be the supply above.
As we can see in this H4 chart, the GBP/USD price created a new supply above earlier today. It seems like a great level for sell position as a for swing traders. If the price retraces that supply I'll sell there and the final target for this position will be the support below.
As we can see, the price creates a new demand below that broke out the previous supply from left. It indicates strong demand, For now, it seems the price on his way to reach the supply above, and therefore, if the price retrace the demand below I'll buy there. The final target will be the supply above.
As we can see in the H1 chart, the price changed the momentum to bearish. It seems the price now tends to reach the demand below. At the moment, the price gets really close to touching the supply above which is a great level for sell position. I'll sell at this supply at the first touch of the price and the demand below will be the final target.
BTC/USD price is now between two critical levels. There is a fresh supply above and a fresh demand below. both are great levels for positions and both holding massively unfiled orders. I'll sell at the supply and I'll buy at the demand.
As we can see on the M15 chart, the price gets close to reaching the demand below. This demand seems like a fresh one and a great level for intraday buy position. I'll buy at this demand and the target for this position will be the supply at the top. This supply is also a great level for sell position, we can see how fast and strong the price dropped from that...
Hello Traders, I`m looking for a short on my trading Setup. My style of trading is more for a Swing Trade. I created a Trading Plan based on Value Investing. Please, don`t be greedy. -> $2,000 per 0.01 std lots. If re-entry is necessary, double the lots from initial trade. I`m a Forex Fund and Accounts Manager with more than 8 years of experience. Maximum...
Hello Traders, I`m looking for a long on my trading Setup. My style of trading is more for a Swing Trade. I created a Trading Plan based on Value Investing. Please, don`t be greedy. -> $2,000 per 0.01 std lots. If re-entry is necessary, double the lots from initial trade. I`m a Forex Fund and Accounts Manager with more than 8 years of experience. Maximum DD:...
As we can see on the W1 chart, the price just reaches into a great supply level. This supply seems like a great level to look for a sell position. The target for this position will be the demand below which also a great level for buy position.