avraamdemetriades

avraamdemetriades

Keep it simple and never chase the entries, let them come to us. Valid if: Price rallies to previous Bearish Order Block and Fair Value. Sell orders can be expected to be respected at this level. Invalid if: Price sweeps sell side liquidity first. Happy trading and remember to use proper risk management. Follow me for more trade ideas and make sure to leave a...

avraamdemetriades Updated 

XAUUSD on the lower time frame is indicating a potential expansion move to the upside. I have identified the high and low of the consolidation zone. Valid if: Awaiting the Bullish Order Block to form, and a retest into the Equilibrium before beginning expansion for buyers. Invalid if: Failure to form Bullish OB and break of the Consolidation Low. Happy...

avraamdemetriades

EURCAD ended with a strong bearish momentum last week. Buyers were trapped as the Canadian dollar fundamentals came out stronger than expected. The next area for longs and strong support will be about 80 pips down from current price. The long can reject once and immediately begin the reversal instead of creating double bottom or higher low. Either way the...

avraamdemetriades

GBP pairs are expected to gap bearish on market open indicating the trend reversal. Wait for correction/close of gap for potential entries. Rejection is expected off trapped previous volume (look left to see consolidation. This sideways momentum acts as a strong zone of resistance as well as RSI levels in severely overbought territory.

avraamdemetriades Updated 

EURGBP has hit a major daily resistance. After a hard bullish candle closing right at the 61.8 retrace, we are in a great sell zone. Risk to reward is phenomenal on this trade. Remember to always do your own due diligence, and enter the market with a clear head. I would be happy to answer any questions regarding this setup.

avraamdemetriades Updated 

I was late on posting this but here is a mark up of the direction AUDUSD is heading. Test of the bottom trend of this channel. Before rejection to a bullish reversal, expecting dollar strength the rest of the week.

avraamdemetriades

ETHUSD looking to make a small push up to the $418-$420 area, SL should be kept tight as we are currently in a bear market with Crypto-currencies. $404 is a good area to look for SL's to be placed, a retest should not occur but is always a potential scenario. Please do your own due diligence before entering the market.

avraamdemetriades Updated 

Strong pivot point in the market. The pair is creating a new bearish channel on the daily time frame. Possible to see aggressive spike downs or a slow steady drop over the course of this week. A potential retest of the most recent highest high would render the trade invalid. It should not come back to that zone. Please enter the market with your own due diligence.

avraamdemetriades Updated 

Strong head and shoulders forming on the D1 chart. Sell limits would be the best way to trade this setup. The blue horizontal line signifies a strong area of resistance and acts as a "sell wall" where banks , institutions and financial whales place their orders. Potential 400-500 pip take profit can be realized. Break above the H&S neckline (highlighted with the...

avraamdemetriades Updated 

300 pip long on the daily time frame of EURJPY . Market structure is at a major support level.

avraamdemetriades

NZDUSD has completed multiple waves between the D1 supply and demand zones. It will meet a strong demand zone @0.67000 in which a potential rejection will occur to the upside. Remember the higher the time frame that you find price meeting these zones the bigger potential of a reversal. That is because we see the trend fighting to counter its current path for...

avraamdemetriades

UJ is severely overbought and had a massive bull rally last week to take out the stronger bear positions. Now that orders have been wiped bank orders are now being placed which explains the spike downs of the previous candles. More downside is expected. A potential breakout of previous bear channel is possible. If not it will simply retest and reject back down....

avraamdemetriades Updated 

H4 Support looks to hold strong and we will see a bullish reversal up (@0.77300-0.77700). If not we will see a rejection off of the bottom trend line on this bearish channel. The idea is that the pullback will not be strong enough to break the 0.78000. The short can reach a total of 400 pips (@0.73500). This is a bearish correction for the U.S Dollar that will...

avraamdemetriades Updated 

Swissy strength is expected to drop xxxchf pairs across the board. Short positions are setting up, get ready for the bears to attack.

avraamdemetriades Updated 

CHFJPY has created stable momentum to the upside. A break to the upside will occur today and stop (@111.40). The rejection of the H4 resistance will bring a retrace back (@110.60). That will be a new support zone and a great opportunity for bulls to secure positions for the long run. We can expect a take profit at the 115 and higher. It's safe to say the Swissy...

avraamdemetriades Updated 

EURUSD will be a strong bearish pair over the course of the next month. On a fundamental level the U.S Dollar will be gaining strength due to the wars they are involved in. The U.S economy thrives in conflict because it is well known that the "Safest" investment is in buying U.S Treasury Bonds. This is because the United States although shaky, holds the Worlds...

avraamdemetriades Updated 

GBPJPY is sitting in a great area for a potential short to present itself. I am looking for entry (@153.50-154.50) area to watch where the market decides to run. Resistance should hold strong unless we see very positive GBP news this week. On a technical aspect the Pound/Yen pair is due for a substantial drop. A safe Target zone would be (@146.00-145.00) for D1...

avraamdemetriades

Get ready for yet another "crash" on BTCUSD! In accordance to my last markup, USD will strengthen against most major pairs. This bull run to 9k is seemingly looking like a bull trap. The crash will be it's final move, before the massive pumps begin to take us to the moon again. Major Bitcoin whales (Banks, Private Investors, and Institutions) will pump and...