when willing to sell are gone, willing to buy will replace
overall for Loonie are downtrend in H1 we see opportunity to entry short at supply zone#1 and #2
The GOLD price improve after retrace about 1150.00 (Demand zone on 30 DEC 2016) general players are still waiting for SELL at some point Have 2 entry points for this opportunity If Trend is your friend, Supply and Demand is close friend :)
Most buyer push the market bullish from mid-April, even though price crossed supply zone but no more volume that could mean bullish trap or real bullish. we should focus on this resistance level in the next 1-3 days.
The past Monday Fiber is break out neck line and was pull back with enormous force. This show uncontrollable Market Control of bullish at the Supply zone It is the beautiful Evening Star
We can not use fundamental analysis without technical analysis this two things need to do together. If we worry about the war and pray the gold price go bullish moving but the big trend is moving down "what is the different" Volume and Supply Demand zone is answer every time we trade, we should have a backup plan.
The awesome reversal pattern + the possibility of many factor The supply zone and the resistance trend line magnet, left shoulder forming, risk reward ratio
First touch to Demand zone--SL at the DZ bottom +- spread
We are watching... We are scared when greedy others... And we will be greedy when others start to panic... Hehe Hehe He Haha :D
wait for the price as doing to demand zone I think these zone are "weak". if we look back to a few week will see the price doing to these zone many times it indicates the investor's behavior is going to push prices through this zone. =================================== if trend is your friend, MM & RR is close friend have a Good trading day :)
Downtrend for Aussie -- Short term I have a "sell" setup for this pair the price is going to resistance trend line and that area has a Daily supply zone in this trade have more RiskRewardRatio
The price movement is strong bull does not seem to stop But in the past the price was creates the demand zone so many points and I found the last demand zone. Interestingly that there is a divergence between the price and movement indicator. Risk Reward Ratio =6.xx
How much pips the price can breaking down?
The swap zone was appear (supply becomes demand) Trend following.
One of the strategies for entry point Next week GOLD continues to fluctuate and most importantly I never analyzed gold before. :)
For the position trader looking for Buy when price breakout