deadparkcity

deadparkcity Updated 

hello people, today I wanted to talk about EURNZD again. despite the harsh ups and downs I remain bearish on this pair and believe that real bears are setting trap all over the place. seems to me that theres not enough money in their pocket or they cant find enough people who agree with them. anyways ive been trying to find entries in 5 min chart to reach first...

deadparkcity

Hello again guys. as I mentioned in previous post the price of gold rallied only to get to the first 5Min resistance and pushed lower from it. at this point I'm looking to close my short in lowest box "final target" where simultaneously I will open a long position. tbh I have no clue what drives gold in the higher time frame so this buy is only considering the 15...

deadparkcity

EURUSD has been tricky since the last fall on 26th of April... but we still keep our bias and trade accordingly. as I post this analysis the price is at the very bottom of a possible range, I also believe that the target of H1 traders is not fully reached and this is the exact point where your mind plays trick with you and as trader you get confused. so for every...

deadparkcity

Im bullish for now on US30 and I suggest you hold longs for the areas shown on the charts. and if you day trade look for longs.

deadparkcity

I'm holding a short position on EURNZD, and the main reason of this trade in the 5 minute time frame was that H1 is also very bearish in my opinion and we may go way lower than my 5Min target, so both 5min and H1 showing bearish set-ups then why not. Keep in my mind that I sold two positions because its an ongoing trend in the 5minute and because I missed the...

deadparkcity Updated 

Long profit zones are where sellers would come in to change the direction of the trend. hence if your holding long try to at least hold for TP zone 1 and look for sell in TP zone 1 and TP zone 2

deadparkcity Updated 

I’m bullish on cadchf despite the negative impact of the news on canadian dollar. This entry is a portion of the total position, if price pushes lower, im thinking of adding a second position just above the stop loss

deadparkcity

Hey guys, I closed my short position and I'm looking to sell again in the plotted areas. to be honest its really hard to tell whether the uptrend is over but for now we have seen weakness from the buyers and seems the market has transitioned into some type of range. so if we assume that the market is in a range buyers are holding their longs to get to 2360-2370...

deadparkcity Updated 

in our previous analysis we mentioned the targets of gold whether a drop happens. first target has achieved and now if you have missed the move, selling would be only logical from the sell zones plotted on the chart with a stop loss above red line and a profit target that reaches second profit box shown on the chart. I wont be discussing buy scenario here due the...

deadparkcity

Currently I'm holding long to reach the first sell zone as my target, I'm willing to add to my sell after that if the price pushes higher against me, and ill keep a hard stop above the red line. however if we get a drop from any of the sell zones I cant say for sure where our targets would be for now. the target areas of sellers shown on the chart represent a...

deadparkcity

If you are holding shorts positions on gold, these levels could be potential target levels. I also suggest keeping stop loss dynamic and close the deal with loss if we get a candle close above the red line. And if you are holding long position for a target price higher than the last high, 2477-2487 could be your potential target

deadparkcity

I believe we would continue going higher during the start of next week until we get to the first sell zone and may start to go down again or even go higher and reach the second sell zone and then go down. We have 2 extreme scenarios as well, one bullish and one bearish: Bullish set up is that we break above red line then we would go for the highest red box as long...

deadparkcity

I believe this pair is in a pullback in daily timeframe and im bullish, however i dont think real buyers show up until we get to the daily zone Thats why we have been seeing 4 legs down and 3 legs up all the time since the end of December 2023, therefore I believe we will continue this pattern of 4 legs down and 3 legs up until we get to the daily zone. So if you...