I have an open long trade on gold with a target of 2011. At the moment, my view is neutral. We have a price that is testing a small supply zone multiple times on an hourly chart. Above this zone, there is a larger one that I will use as a basis to look for a setup for either a long or short trade. Let me know in the comments what you think. Good trading to all.
On NZDCHF, I have identified a supply zone in which the price has bounced multiple times without breaking through. As the price went down, it created a demand zone which it used as a support level. In fact, the price has been ranging during the past week. Today, I noticed a break of the lows within the demand zone, so I will proceed to use this zone as a potential...
On this currency pair, I have identified a supply zone that caused the price to drop drastically to the 0.903 area, where the price created two demand zones. The first one that was generated was subsequently broken, and this will be used as a possible entry point if the price creates a setup for a short trade. Let me know what you think in the comments. Happy...
I have marked two zones on EURNZD, one of supply and one of demand. My analysis focuses on the second one, as I have noticed some spikes, which are false price breaks in this area. The goal will be to look for an entry for a long trade. Let me know in the comments what you think. Happy trading to everyone, bye.
In EURNZD, a very strong resistance zone has been formed. The price has breached this zone in the last few hours, creating a small supply that, according to the strategy I use, I will use as an entry point for a short trade. Let me know your thoughts in the comments. Happy trading to everyone, bye.
In USD/CAD we have a supply that was broken this morning. The price hit my stop loss in the previous short trade. However, subsequently it created a demand that allowed me to enter a long position. Risk-reward ratio is 1:6. Let me know what you think in the comments. Have a nice Trading, Bye!
In this chart, I have identified two areas, a supply and a demand zone, which I have previously used to close a long trade. Within the supply zone, there is another area of interest that, depending on the strategy applied, will be used as a starting point for a long trade. Let me know your thoughts in the comments. Happy trading, bye.
On this pair, I have identified a supply zone and a demand zone. The objective will be to find an entry point within the supply zone to open a short trade. If the price, instead, were to break the supply zone, I will look for a bullish setup. Let me know what you think in the comments. Have a nice trading!
On this exchange, we have a market that shows a price in a congestion phase. In my analysis, I have identified a very important demand zone where the price has produced two spikes, validating the zone. Within this demand zone, I have marked another one. The strategy in question involves using the latter as an entry point. Let me know what you think in the...
On this exchange, I have identified a very strong supply zone. The price has bounced off this zone four times, and the last two times it has produced spikes that have confirmed the zone. As soon as the price created another supply zone within the main one, I waited for the price to bounce at that point before opening a short trade. Let me know what you think in...
On EUR/USD we have a strong congestion. I have identified two hot zones, one supply and one demand. The expectation is very simple, I will look for a short or long trade based on the setup that could be created if the price were to return within the supply or the demand. We will see... Patience is the key. Let me know what you think in the comments. Happy trading...
I have highlighted a demand zone where the price made a false break and then created an additional demand zone within the main one, which I used as an entry point for my long trade. Let me know what you think in the comments. Have nice trading day!
AUDUSD presents an interesting scenario as it shows a very strong demand zone where the price has attempted to drop multiple times, creating spikes. However, we do not yet have any interesting points for a long trade, so if the price were to break this zone, we could consider a short trade. Let me know what you think in the comments. Have nice trading day!
GBP/AUD has a strong demand zone where the price has made many spikes. My view is bullish, and I have identified two possible entries in this zone. Patience is the key! Let me know what you think in the comments. Have nice trading day!
My view anticipates a potential short on USD/JPY. I have identified a very strong supply zone where the price has attempted to break twice without success, creating spikes that I have highlighted with circles. An hour ago, the price created another supply within the strong resistance zone, and I will wait for a possible retracement to enter a short position. Let...
Here is a trade i took,overall uptrend so i was searching a opportunity for long+bullish pinbar and entry on a candle closing above bullish pinbar,entered a trade a liitle bit late but CPI news pushed the price up. Like always risk menagment is the key,didnt want to risk my profits so closed manually 20 pips below my Tp.
GBPCHF / 1D Hello traders, welcome back to another market breakdown. GBPCHF is shifting the structure after taking the low, I'll look to long this pair again at 2 zones mentioned in the chart. Which one will be? Nobody knows, I go and zome in on lower time frame to get my confirmation and valid entry. Trade safely, Trader leo.
We can see price has been trading within the 10.75 and the 9.25 zones since the middle of March. Today we saw a strong push upwards that may continue and end up breaking to the outside towards the 12.25 zone. We'll keep an eye on this stock and react accordingly.