oceantutor1

oceantutor1

That confluence zone highlighted is a key level to enter a long. It will give you over 100 pip, but if the Bulls are over powered, you will get estimately 40 pip from the position, risking 20 pip. Analysis credit to kopybird dot com.

oceantutor1

The Price of gold at 1833 crashed on the 4th of August 2021 during the Institute Supply Management Economic Event. XAUUSD crashed further the following week till it reached the Major Support level at 1680. Price reach 1933 on more time, during the Non Farm Payroll Economic event which it reacted and the price of Gold fell to 1723. Now XAUUSD is currently at the...

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The pair moves from zones to zones, respecting trends and patterns. From the weekly supply zone price reacted, foremost it did from the demand zone and now it is at the center. Hoping to see a similar pattern as the triangle or a more ranging marker, unless fundamentals changes the structure.

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After the breakout of the falling wedge, the Pair have been in an estimate of 1,400 pip range since, October 2014. USDCHF broke the minor support of recent to mitigate with the Major Demand zone, where the Bulls came in with power and dominated the marker ever since.

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USDJPY reacting from the tap of a Monthly supply zone, but the Bulls are not giving in to the Bears. Price been ranging from days after the expansion and now USDJPY have formed a triangular pattern. Will the Bears take dominion at the end of the range or the Bulls continue the trend? Do not guess or predict, but follow what you can see and comprehend.

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The Demand zone that broke the market structure is a nice price area that may be considered with proper risk management. Price broke the resistance from the Demand zone and if price returns to the resistance, a long opportunity is given. We have many High probability analysis at kopybird. More high probabilistic setups and analysis on the Lower Time Frame.

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The recent weakness of the Japanese Yen made all pair Bullish against the Yen, the US Dollar is not exempted. After USDJPY broke the support it mitigated with the Monthly Demand zone, breaking all highs and now it is currently at the supply zone. Will price still remain bullish? Anticipating a decline in price during the Major Economic events holding in the first...

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NZDCHF on the Daily time frame, broke out from the downtrend that was seen on the weekly time frame. If price gets to the daily demand zone will it reverse? Will the main reversal happen at the top of the previous resistance, that is the support? Take the risk with proper risk management and clear insight.

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NZDCHF clearer view of the resistance turns support. As price touch the top of the recent resistance it reversed. NZDCHF respects trends than any other thing. Know Your Pair!!

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The pair have been on a triangular range until February. It broke out of the triangle and turned resistance to support.

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Due to the recent weakness of US Dollar and the strength of New Zealand Dollar, the Bears were not given chance to triumph at the hour supply zone, instead a flag was formed. The Bulls blueprint at that zone may induce the Bulls to come in one more time to continue what they unleashed. An Intraday or scalp opportunity is given with nice low risk.

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NZDUSD broke out of the falling wedge, then it tapped the head of the range multiple times and then reverses. Resistance turns to support on the wegde pattern. Price finding it hard to break into the range again, will it break. touch the resistance of a new downtrend or the Bulls comes in one more time? Anticipating a clearer view....

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It look like a breakout of a falling wedge. NZDUSD price at a point of reversal, if it finally reverses, then it will form a downtrend where Retail and Institutions might likely buy. The Institutions will buy so they could induce liquidity in future, the retail will buy to make some profits. However, price could keep going high, this is a macro perspective...

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The NZDUSD on the Monthly Time frame really follows Institutional Order Flow. Moving from zones to zones and also from trends to trends. After sweeping liquidity on both sides of the recent downtrend, it went long to mitigated with the Monthly Supply zone and now it looks as if the Bulls will still continue to dominate.

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AUDCHF is selling from the weekly bear flag which was a daily supply zone. Heading to the daily demand, the pair might retrace at the demand zone or continue selling, but if it sells off, then in future, it will sell from there or becomes another inverse Head $ Shoulders. Might be funny to say probability of each positions winning here is 1/3.

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The daily perspective is similar to the weekly perspective other than the clearer view of the inverse head $ shoulders. If price respects the nearest daily demand zone, it will consolidate for few days.

oceantutor1

Since December 2002 till date, the AUDCHF pair have been in a downtrend. One of the biggest trend in the Forex market, it will take a long time for the pair to break out of this trend. The pair reached a Monthly demand zone three months ago and it has been buying since then. Heading to the Supply zone before the Bears comes in.

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Price currently at the bottom of the Demand zone, as seen on the weekly charts. AUD Index should determine if the bias will be Long or Short.