ricky1270

ricky1270 Updated 

Euro/ Kiwi ------------------------------------------------------------------------------------------------------------------------------ Price has been selling since the past few weeks and that has created compression in supply and price had reached an area this week, where demand is in great excess of supply and price rallied. After been falling for months,...

ricky1270 Updated 

EURCAD Buy Trade Idea Daily The sell-off the past 2 days has now fueled price to return to February 22 trendline support. The 1.506 - 1.509 level proved to be a strong area of demand seen from price recent visit there. I expect bullish momentum to continue for this pair having respected the trendline 3 times before. From that demand, we should expect price to...

ricky1270 Updated 

NZDCAD Short idea is based off of the monthly supply zone. There is strong bearish pressure coming from the monthly supply zones. Reason being is because of 2 supply zones close to each other otherwise known as "levels on levels". We have seen 3 touches of the weekly trendline resistance and this touch that is going to happen wont be any different. Price should...

ricky1270 Updated 

Last week saw a decline in USDJPY. After seeing this decline, i expect price to rally for the short term which would give sellers ample time to get in the market to continue the decline. You will now see compression into demand where demand zones will keep on creating until price meets a strong supply zone up top. That's where our TP will be, because near that...

ricky1270 Updated 

Classic Sell for Gold Now what we see here is COMPRESSION INTO DEMAND. So we see buyers keep buying until price reaches too high for buyers to buy and sellers come into the market. On the 28th of Feb, we saw Gold begin its decline and that is where price is heading to now before it meets its demise and fall once again. Risk to Reward ~6 In my humble opinion,...