WhozRenee

WhozRenee

Greeting fellow traders, Roughly about 3-4 weeks ago, price has violated the weekly demand zone by closing below 0.625 weekly support line. In addition to the newly created weekly supply zone (0.655 - 0.636). This suggests that sellers are in control. In terms of long term, there's a possible chance that AUDUSD might drop further ( to weekly support - 0.598)....

WhozRenee

Refer to the above chart for more detail. Since the overall trend is still long, I am only interested to buy Gold but at the weekly demand zone (referring to the chart between 50% - 62% fibo. retracement. Short term - short (sell) is also possible, but look for other confluences to support your decision and ensure that your risk to reward ratio is worth...

WhozRenee Updated 

kindly refer to the chart above for confirmation. have a blessed trading everyone. Cheers, Renee xoxo

WhozRenee

Referring to the daily chart, the price has breached the daily demand zone and a possible indication that a short term trend might change soon. I will be looking to sell the pair at the daily supply zone indicated in the chart above - with a good risk to reward ratio. Go into a smaller timeframe for confirmation in reversal candlestick pattern. Let me know what...

WhozRenee

Referring to the chart, the price has reacted to the h4 demand zone and possible movement to the h4 supply zone. Overall gold overview, gold is still uptrend. What are your thoughts? Regards, Renee xoxx

WhozRenee Updated 

Referring to the chart, there's a possible chance the price might rally to the daily supply zone in the couple days. What are your thoughts? Cheers, Renee x

WhozRenee

As per the weekly chart, currently, price is in the weekly supply zone - there's a possible chance that price might drop from this zone to the weekly demand zone. Go into smaller timeframe such as daily/h4 to enter sell only upon completion on a bearish candlestick. If candlestick break and close above the weekly supply zone - then the selling setup is...

WhozRenee

Currently, price is on daily demand, - possible u-turn from this point and rally to the next supply zone. will go into a smaller time frame to see for a sign of candlestick reversal pattern. Cheers.

WhozRenee Updated 

New demand zone created on H4 - waiting for price to be in the zone and rally to daily supply zone.

WhozRenee Updated 

Possible up movement for GBPUSD.

WhozRenee

possible drop on the daily demand zone and target area within the h4 demand zone. refer to the chart for details.

WhozRenee Updated 

refer to the chart for details. (pink zone = supply; blue zone = demand zone). Demand zone = 38% fibo. retracement level . Let me know what are your thoughts on this pair. Thank you for your time. Blessed trading. Renee H.

WhozRenee Updated 

refer to chart for details.

WhozRenee Updated 

price is currently on 38% fibo retracement level - possible rally to the opposite zone (supply).

WhozRenee Updated 

as per the chart, price kept on creating new demand along the way indicating that price is still in a strong uptrend. Possible buying Setup on H4 demand zone = ~ 50% fibo for potential reversal zone for price to move further upwards. Take profit zone at -27% fibo expansion.

WhozRenee Updated 

as per the chart, currently price is approaching daily supply - there's a possibility that price might drop from this level and approach the daily demand (in blue) - before rally back up again to the supply zone.

WhozRenee Updated 

as per the chart, we can see that price has been making higher high and higher low = uptrend. there's a potential good buy setup on the fresh daily demand zone = 62% retracement level and Take profit area near the daily supply zone = 38% expansion level. will monitor this pair has price get closer to the zone.

WhozRenee Updated 

my bias for xauusd is short. referring to the chart above, i am planning to short within the h4/ daily supply zone. when looking into the daily timeframe - we can see that price has been making downward channel (sort off) and lower lows + lower highs = downward trend. whats your on XAUUSD? All the best, reneeH