At the intraday terms, the GBPAUD seems to be bearish, above us There is a great supply level, it's also a Quasimodo level, it seems that The price now tends to reach the support below, therefore if the price Will back to the supply above I'll sell there, and my target will be the support below.
Those are the next great levels for day trade opportunity on USDJPY. Both of them are Quasimodo levels, each one of them can have a Great risk-reward potential, i'll buy at the demand below, and sell at The supply above.
The USDJPY changed from bearish to bullish momentum, the demand below Is the one that made this change, it's also a Quasimodo level, there is high Probability the price now tends to reach the supply above, therefore if the price Will back to the demand, i'll open buy position, my target will be the supply above.
The supply above us is also a Quasimodo level, it seems that the price Tends to reach the demand at the bottom, if the price will back to the Supply above i'll sell there, my first target is the support below, and the Final target is the demand at the bottom, which is also great level to open Buy position as a swing term position.
The supply above us seems like a powerful and fresh one, the price drop From that level very fast, therefore there is high probability that there are More sell orders waiting there, it's also a Quasimodo level, if the price will Back to this level I'll sell there, my first target is the support below, and the Final target is the demand at the bottom.
The new fresh supply above in EURJPY is also a Quasimodo level, Quasimodo is very powerful reversal pattern, if the price will retrace This level I'll sell there, my first target will be the demand below, and The final target is the demand at the bottom.
EURCAD has created a fresh new demand, which is also Quasimodo Level, it seems that the final destination for the price is the supply Above, therefore if the price will come back to the Quasimodo level, I'll buy there, my target will be the supply above.
The supply above us is a great new one, there are unfiled sell orders Waiting for the price to come back and pick them, also the price is Coming up with compression which is good, I'll sell at the supply above, My first target will be the demand below, and the final target is the demand At the bottom.
The new supply level above us has created a Quasimodo level, This Quasimodo started a bearish momentum at least until the Demand level below, if the price retrace the supply before reach The demand, I'll sell at the supply, and my target will be the demand Below, which is also a great demand for buy position.
Still waiting for high impact news of JPY, possible spike up. No matter how good the setup is, trade lightly and wisely .
We have clean highs on friday. Right above we have the Qm level. and target will be the Flag limit.
I plan to look at potential reversal... maybe QM formation at lower TF as the price entered swap zone