Been patiently waiting for a SELL signal to pop up from my analysis a few days ago price has been slowly grinding up with a SELL signal finally occuring. Read my related post to see exactly why i'm entering here.
This pair is moving according to my previous idea after we got the move back up into the early 140's price went as expected and is now at the predicted level of 135 and is creating new SUPPLY/SELL zones as it moves which is very good. You can see 135 is the start of a untested Weekly/Monthly DEMAND/BUY zone so you should expect buyers to start coming in below...
This pair has been on a near 9 week bulllish run and fast approaching a untested Monthly SUPPLY/SELL zone just above 0.85 you should now look for a correction down towards the last swing high in the previous down leg around 0.82 though it may drop down to 0.80 before heading back up and going the higher levels of the Monthly SUPPLY/SELL zone. So I am now...
As expected we got the move above 1.21 into the weekly SUPPLY/SELL zone you can read the full analysis in my related post. You will read in that post that I was looking for a SELL signal to occur on timeframes above the 4hr once we went above 1.20 my indicator give that SELL signal earlier today and we entered the position. As per previous post we will target...
Update on the SELL trade idea from the beginning of the week we rallied straight through the 1.60 level deep into the SUPPLY/SELL zone between 1.60-1.62 without seeing any SELL signals on my custom indicator. Today we have just got a 12 hour SELL signal and have now entered the position with a STOP loss above the SUPPLY/SELL zone and will target the 1.56 area...
We have now entered a Weekly SUPPL/SELL zone and approaching the 1.40 level which is a previous strong weekly & monthly support level so will so we will expect some resistance here. I am now activily looking for SELL signals using my custom indicator on timeframes 4hr to daily the first easy target for this setup if iit occurs is the 1.37 area which is the...
Quick update on last weeks SELL trade that triggered the position is running smoothly I have closed 50% of the position and moved STOP to entry price. I will now let this run to the first target are of 1.01 or below you can also see a freshly created daily DEMAND/BUY zone here which was created when we had the breakout of the bottoming accumlation period that has...
Pair is aproaching a previous strong support level @ 1.60 you also have a weekly SUPPLY/SELL zone located from 1.60 - 1.62 , also with 1.60 being a nice psychological round number giving this SELL idea lots of cnfluence and we are likely going to see a reaction on the approach to 1.60 or above. I will be starting to look for SELL signals from my indicator above...
You will see by reading my previous posts this pair has been moving exactly as expected since hitting the lows @ 1.04 it's been correcting at the predicted levels like clockwork picture perfect lol What's next you ask ? As wrote in previous posts the SUPPLY/SELL zone at 1.21-122 is a target we got a small reaction at the 1.20 previous support/low I expect the...
It's taken nearly a week to get a SELL signal on this idea as expected it took out 1.02 smashing straight up above 1.04 which was the area the SELL signal triggered so expect a correction down to here towards the 1.00 level. Read my related post to understand the reasons behind this setup
Quick post on the trade ideas from yesterday we go the drop down to the 138 zone as expected and have entered the BUY trade idea will target the 143-45 area and then turn to the sell idea. Read the related post to understand the reasons behind this setup
Nearly a 1400 pip drop in this pair over the last few weeks and if you read my previous posts on this pair I was wrong about the 145 area being the top though the first easy target after the drop was correct at 138.500 level which was the previous swing high in the current trend. We are at this level now and just beneath it we have a daily DEMAND/BUY level...
Great trade on this pair we were looking for a signal under 0.574 we got that early last month with price going exactly as expected hitting the first easy target on Friday which was the previous low in the down trend,, you can read the related post to learn the reasons for this trade. I have now closed the position as we are approaching a Monthly SUPPLY/SELL zone...
Update on the BUY position on this pair on Friday we hit the first easy target for the position which was the previous weekly swing low in the current downtrend. You can read the related post to find out the reasons for this entry as it's went exactly as expected reacting well @ the weekly DEMAND/BUY level at 0.62 which is were we entered with 500 pips profit...
Taking a quick look at the Monthly and Weekly charts looks like price is targeting this years low at $900 will be very interesting to see what happens at this level because if we get a clean break here then there is nothing really stopping it dropping down to $400 as this is where a nice Monthly DEMAND/BUY zone is located. This area is actually were the huge...
As per my previous post on BTC we have got the clean break of 18k which has opened up the drop to the 12k area as there is nothing really in the way of it dropping to here. The 12k area will be key as we have a Monthly DEMAND/BUY level this is the origin of the huge moves up to the ATH'S there will be a lot of demand here we could even see a drop down to 10k as...
As per my BUY trade from last month the pair is fast approaching the 1.02 -1.035 Weekly SUPPLY/SELL zone 1.02 being Septembers high I expect the market to take this high out and then have a short term correction towards the 0.99 weekly DEMAND/BUY zone which will become valid when the 1.02 September HIGH is taken out. The idea for this setup is to wait for my...
Quick on this position from last month still moving nicely towards the final target of this leg up should expect the market to pop up above September's weekly high @ 1.02 which is actually a weekly SUPPLY/SELL zone this is where I will expect a short term sell off back down towards 0.99 then for the up leg to continue targeting the monthly SUPPLY/SELL zone that...