we found a good trading opportunity for day trade in EURNZD 15 M TF. the momentum is on the downside right now on the 1 hr TF. we want to trade this zone before price hitting the 4hr demand zone. if such condition happens we would cancel this trade
we are just bouncing off weekly demand zone on the big picture. and the trend currently in favor for us to go for long. therefore we would like to buy EURGBP on 0.8850. we notice that there is high quality supply zone at 0.9019 , we want to make sure to take off our trade before that.
what we want in this trade is the price shot up to our supply zone then take off. we would cancel this trade if price going down without hitting our supply zone
we are just bouncing off 4 hr supply zone, and at 15 min timeframe, there is a very nice supply zone was created. this is set and forget setup. this is a nice opportunity to ride the wave down. be careful of the news because this is a15 min zone. if there is news coming about euro or yen 15 min before the price entering our zone we would consider to not take this...
knowing that we are low on the curve. we want the price quick testing our price then hitting our target. we do not want price lingering so long then hitting our entry. we will cancel this trade if that happen
following the current momentum which is more to the downside. price couldn't make higher high that is indicated the momentum is on the downside. therefore we want to engage this 3 hour supply zone to follow the momentum
on the daily timeframe, there is evidence that the bull is stepping up by showing price broke the current trend and price couldn't make any lower low. in 3 hr timeframe, there is a nice demand zone just created. it is a nice opportunity to catch this trend
in the current situation, it would be wise to go short rather than go for long. therefore we found 30 min supply zone located inside the daily supply zone. there is a high possibility this zone becomes a turning point to ride the bearish.
wave
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in this scenario, we would like to ride the wave to short. Our zone is between 110.60-110.90, but we would like to cover the pivot to make sure we do not get stopped out. in order to cover the pivot, we would like to deepen our entry to make sure that the profit would be covered. if the price hitting our zone then rally back down without entry we would cancel this...
Our 1h supply zone is located inside the daily supply zone. make sure your spread is no more than 4 pips to take this trade.
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Considering the trend and curve on the higher timeframe its clearly telling us to go for long trade. therefore we found our zone on the 45 min. it's only 20 pips zone, so make sure your spread on this trade is below 2 pips.
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On the big picture we are high on the curve, and the trend is obviously down. therefore we are looking for shorting opportunity. our setup is on the 4 hr timeframe.
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USDJPY clearly showing bearish trend on daily tf. what we want here the price quickly approaching our supply zone. if price making lower high then hiring our supply zone we will cancel our trade
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on the bigger picture, it showing bullish pressure coming up. based on that assumption we have our 2H demand zone. if price coming to our zone without making a higher low we will take this trade as if.
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It's very obvious AUDUSD is on a bullish trend. I found a really solid demand zone on 3H chart. Knowing that we are high on the curve, we don't want to be greedy for the profit target. this is 3 to 1 trade. we will cancel this trade if the price hitting our zone after going higher.
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We have similar trade on EURAUD, Do not trade both zones if they arrive at the same time.
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on the bigger picture, it clearly shows the bear is in charge. our zone is on the 4H timeframe. we decided to cover the pivot to prevent the price from touching our stop loss. and the target is just before the daily demand zone.
