The pair has just retested the 4hr supply 2hrs after NY session opens. Many buyers joined the bulls at NY session and then suddenly become exhausted and trying to hold but others exited early and others who holds their buy position were stopped out. For today, i will be expecting a trade within this range and watch for another supply that will be created at the...
after further selling of commodities, copper is also joining the hurd when comes to selling. right now, at early asian trade, we are seeing copper to break the channel support that formed since February. We've seen a lot of pockets of supply in intradays that are good candidate for us to rejoin. As seen in the screenshots, swing supply and demand are further down...
the price seen moving downwards but there are some supply remains unfilled and 2.50s level would be a candidate
what a nice demand formed a week ago during new york session. a level to rejoin the upside or if not juicing off profit.
what a nice demand formed during early NY session. this might be a good break out level to take to rejoin? we dont know but for sure a bounce at this level is expected.
watch out for a bounce within this supply and demand level for a couple of days to come
the pair is trying to create a pennant formation, but it failed to pursue the bullish momentum
This pair has jsut bounced from its D/W supply and it is currently down trending compared to USDJPY. I will be expecting a follow suit for other Yen pairs specifically if it has bounced from their bigger TF supply.
The pair just bounced from its daily supply and we will be expecting a further move to the downside until 101.822 for the nearest significant demand.
The index has seen dropping to its longest correction and right now it has just reached our daily demand around 192.40. As the USD index iscorrecting, we will be expecting a continuation to the upside for this.
The USD Index has dropped to its longest correction since July 7 after a positive non-farm payroll result. The index just reached the level where we plotted as the significant daily supply. We will be expecting the price to drop to the nearest demand at least around 81.03 up to 80.53. For the rest of the week, We will be expecting a weaker dollar.
Mapping out my long term supply and demand level. Right now, the pair just retesting the weekly supply.
The pair just bounced from a Weekly Demand and by looking at the Short term TF, A good demand level has just formed on Thursday in which a good buy entry for the coming days.
the pair just bounced from its daily demand. It is now retesting a former 2-3hr supply and will be catching it from a 30hr demand.
I will be buying this pair on the demand level formed yesterday during early NY trade on the retest. In the other hand, this pair just bounced from a daily (massive) demand level, thus a bullish momentum will be expected on this pair.
Obviously, the D1 level is the significant demand level to breached with in order for this pair to move downwards.
It seems here that the former or I should say retested Daily level can still hold the pair to the upside. In this instance, a better look for levels on a smaller tf may give a good direction for this pair. I would give a long for this. For Daily tf, a good supply can be found farther at around 1.35951