EURGBP - Price has entered the demand zone, and appears to have started to bounce out of this TF. The closest Demand Zone below is 50-60 pips below while the Supply Zone above is over 100 pips. A sign from the sales momentum indicator below has been a decrease in momentum compared to the last few days. The decision for a buy position is more favorable than a sell...
Today, the DXY movement down allows for the formation of a sell setup. Pay attention to the price movement at the key level. If it manages to break down then it is very likely that the price will find the next support. On the other hand if it bounces then the price will be stuck in the range for some time.
GBPJPY is the pair that caught my attention because it is included in the list of pairs in the Bearish reversal category. What caught my eye is that the pair has been stuck in the price zone since the 11th week. Once an attempt to break down but failed, but this week the price has broken down with a powerful momentomand break the major bullish trend. However, we...
Week 38 saw many Economic results that stimulated price movements. The FED's decision to increase rates put pressure on the EURO. This can be witnessed by the close of the week with the Bearish Breakout. It is expected that the price will look for new resistance and support in 39 weeks. It is quite difficult to expect a new support level as this is the lowest...
Market is revisiting and testing almost a decade long supply zone. Series of price rejection when touching the bottom zone. I would expect market will push the price higher. To validate this idea, i would expect price to make HH/HL pattern before placing swing buy. For now. it is good idea to place intra day buy position after day bullish candle appear.
Price is trapped in a multi-month corrective pattern. However, in TF1 hr. higher probability the price going lower after parallel pattern is broken to the downside. But traders are anticipating the actual data to be release later today.
Market still continue bearish. We will see how the market respond after the price enter the supply and demand zone. I am expecting bullish candle signal before entering intraday buying trade. No buying market structure to place buy swing.
Another volume spike with price momentum detected today. Looking at the revenue and profit margin trend, this stock price has the potential to rally.
GADANG is a counter to hold.
After a strong buy momentum, it is time to call it a break.
Buying interest detected. Possible beginning of a bullish trend.
For position traders, this is another point of entering. Fundamentally strong company
This counter has met our criteria for the next potential bullish. Period 3-4 weeks and potential return 10-23%.