King_Capital

King_Capital

We have a Fresh Supply Zone that has never been tested before and a fair value gap the needs to be covered because price has never traded on the opposite direction since 2009 so on this outlook i'm expecting more bullish movement to the upside to cover the monthly fvg as well as take orders placed on that fresh supply however the market is currently in an...

King_Capital

Price approaching Monthly Supply Zone

King_Capital

Due to the effect of Corona Virus we might see some further downside movement on oil, Price is currently sitting at equal low liquidity pools obviously we have some sell stop orders resting below these equal lows liquidity pools

King_Capital

Euro index is showing some weakening signals on the Monthly TF however from here onwards we can expect the Canadian Dollar to gain some overtime strength against the Euro for this month

King_Capital

Buy Setup

King_Capital

SELL IDEA

King_Capital

SELL SETUP

King_Capital

Price has rejected from our daily supply but still within the uptrend however odds are, we might break throughout the trend to further more downside movement

King_Capital

Market Structure has been broken and retested, Uptrend is now invalidated by the market structure breakout, Price created a lower low and a lower high to confirm further downwards price movement

King_Capital

BUY SETUP

King_Capital

BUY SETUP

King_Capital

SELL Idea

King_Capital

Market Structure is an Uptrending channel of course with multi touch confirmations on the channel,However price broke through our neckline marked as a horizontal ray line on the chart. A Retest has been clearly confirmed giving us an opportunity to buy from these sellers.

King_Capital

Market has formed an Up-trending channel along side with our multi touch confirmation. price is currently trading at the support which has turned into resistance. Alongside the third touch of the channel from here onwards i'm looking to short this pair since the JXY is weak and might gain strength against the NewZealand Dollar

King_Capital

Here are Some Buyers To Sell Too

King_Capital

DXY has touched our order block for the third time, which i our premium price high probability for price to be distributed to 100 % discount price