EURUSD has been on a downtrend on the weekly timeframe, however, at the close of last week, it tapped into a weekly demand zone. Is this going to.be it's reversal point?? I don't know, but scaling down to the 30 minutes timeframe, it seems to be a WYCKOFF accumulation phase going on. I might be wrong, knowing how subjective the WYCKOFF schematic seems to be,...
A support zone as broken in the 4h time frame, so I came down to the 15 mins timeframe to look for an entry, and here you have it
AVAX broke the short-term downtrend trend line and is looking for a second retest. For confluence, a second retest of the trend line also coincides with going into an order block. I expect price to push to.the upside from here.
FTM has been on a downtrend for a very long time, although that trend hot broken yet, a bounce off a significant demand zone and a break of bearish structure might cause a nice upward rally for FTM.
The trend line to the downside has broken, and a retest of the trend line together the the confluence of coming back to a demand zone should see NEAR push to the upside. With a 1:9 risk - reward ratio, it is definitely worth the risk.
APE had a good rally earlier last week before it's retracement. Having marked out a high demand zone, I expect price to move higher up to the previous high
The market is clearly in an uptrend as we keep seeing new HHs and HLs form. A new HH has just formed and we can see the start of a retracement... seeing a retest of the previous high would confirm our buy trade.
WE HAVE SEEN A BREACH OF STRUCTURE AND A MOVE TO THE UPSIDE IS LIKELY. HOWEVER, WE HAVE TO BREAK AND RETEST THE RESSITANCE ABOVE THE CURRENT PRICE,
We have seen a breach of structure which could see the market go long. However, a resistance lies above the current market price. A break and retest of this zone would see us go long
Structure breaches, showing a reversal to the upside. However, a resistance zone stands in the way of a bullish move... A break and retest of this zone will see us take a long position