Forex48_TradingAcademy

Forex48_TradingAcademy

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.

Forex48_TradingAcademy

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...

Forex48_TradingAcademy

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...

Forex48_TradingAcademy

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.

Forex48_TradingAcademy

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.

Forex48_TradingAcademy

In GBP/JPY there is a supply since December. I used this supply to look for a potential entry point. I opened a short position this morning with a 1:8 risk-reward ratio target. Let me know in the comments what you think. Happy trading everyone.

Forex48_TradingAcademy

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!

Forex48_TradingAcademy

On this exchange, we have an excellent supply zone with spikes that the price has generated, resulting in false breakouts. I entered a short position with a target of 1.5. Let me know what you think. Happy trading, bye.

Forex48_TradingAcademy

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.

Forex48_TradingAcademy

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!

Forex48_TradingAcademy

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...

Forex48_TradingAcademy

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...

Forex48_TradingAcademy

On CAD/JPY, there is a great long opportunity. I have identified a demand zone in which the price has made a spike, effectively validating the zone in question. Following my strategy, I will open a long trade targeting the level 100 with a risk-reward ratio of 1:4. Let me know what you think in the comments. Have a nice trading week!

Forex48_TradingAcademy

In AUD/CAD, I have identified a supply zone in which I have located another Point of Interest (POI) area. The price could retrace up to that zone before reversing downwards. Let me know what you think. Happy trading everyone, bye.

Forex48_TradingAcademy

After an initial bearish setup and a short trade closed at 2.5 RR, the market is now showing signs of resistance around 137.70. At this point, I have identified a potential demand zone, which is an area where the price could bounce before continuing its downward trend. However, this zone could also act as a strong resistance before we see the price go even lower....

Forex48_TradingAcademy

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...

Forex48_TradingAcademy

On GBP/JPY, we have a strong supply zone that has been broken after four months, and therefore the objective will be to look for a possible long entry with a 1:6 risk-reward ratio target. Let me know what you think in the comments. Have a nice trading day!

Forex48_TradingAcademy

We have a neutral situation, which means that the price is currently within a demand zone. If it creates a buy signal, I will go long, but if it breaks the zone, I will wait for a retracement and then go short. Let me know what you think in the comments. Have a nice day trading!