Bioonxz

Bioonxz

We can clearly see a downtrend momentum in 1H - 4H. To not go against the trend, short position may be a good idea to catch a huge next move. The structure has been broken for sometime now, and it just takes a pullback after being dumped. So, I would take a short position at the supply zone above and hold it to the demand zone below or imbalance gap which is...

Bioonxz

Since the price managed to confirme a breakout of structure, we are more confident on sell side momentum. If the price bounces up to the suppy zone, it is a chance to catch some move to the downside. Or, we can wait for some signals before take an entry. My trading plan could be wrong and inaccurate. Please remind that this is personal idea sharing thoughts on...

Bioonxz

Due to a broken of 2H structure, the bearishness appears to be more heavier. Wait for the pullback to the supply zone which creates a big candle to the downside, leading to the change of character. If the pullback is possible, make a plan and manage a risk for this trade. Always remember this is a structure in TF H! It is better to not apply this trade for a long...

Bioonxz

DXY broke its higher low and still hasn't pulled back. Wait for some signal and pull back to the supply zone and make some plan for pairs against DXY which would be more possible to catch a move. The RSI reached to lower than 30 which displays an oversold momentum. In this case, we may make a short-term long for some pairs: NZDUSD, EURUSD, GBPUSD, and...

Bioonxz

The price has broken the HL last night, creating the change of trend from bullishness to bearishness in 1H, but it still remains bullishness in 4H. So, I'm looking for short position at the supply zone. Stop loss is approximately 300 points. My trading plan could be wrong and inaccurate. Please remind that this is personal idea sharing thoughts market structure...

Bioonxz

*NO fundamental analysis* SAK is on the rage after breaking out the significant trend line. Now, it is heading to the major zone of the market structure. If it breaks the red zone, it will lead to a huge move to the upside. The RSI is also supporting the price on potential bullishness.

Bioonxz

*NO fundamental analysis* My bias is on a long side for PTTGC, a stock in SET. Technically, the LH and the main trend line is broken. It implies that bearishness has shifted out from the market. It is a better try to buy, but we need to be patient for the throw back to demand zone. The RSI is getting hotter which significantly shows bullishness in this stock.

Bioonxz

*This is only chart analysis. No fundamental analysis. No selling trading setup.* From daily chart, the LH seems to be broken which encourages bullishness to kick in the market. Last week, there was strong bearishness to the downside, but, personally, it was a throwback to upside. _________________________________ I record my analysis to observe my progress on...

Bioonxz

*This is personal opinion and analysis. No encouragement involved!* CASEI: My bias is going on to the downside due to the breakout of structure and bearish divergence. CASEII: In this option, if the price aggressively rallies up and breakouts the resistance, it could go up to 0.63240 - 0.63040 which is the next key level.

Bioonxz Updated 

*This is personal opinion and analysis. No encouragement involved!* GBP/JPY can't break through this supply zone, and the indicator shows the sign of bearish divergence. This results in the short-term downside on this pair.

Bioonxz

*This is personal opinion and analysis. No encouragement involved!* CASEI: It seems that now there is a lack of buyers at this zone. This might lead to the overcome of sellers to push this pair to the downside. CASEII: If the price managed to break this zone, there will be another red zone above to push it to the downside because the big picture of this pair is...