trazim7

trazim7

we got stopped out from our initial buys on this pair and are going for another buy now after it has reached yet another strong demand zone. we can see that the bears are losing momentum and there can be a trend switch.

trazim7

Price has reached a major demand zone and we can see that the bearish momentum is dying out from the fact that bullish divergence has formed from on the 4hr macd.

trazim7 Updated 

gbpchf has reached a supply zone. we also see that there is bearish divergence indicating that the bullish momentum is slowing down and that there can be a trend change occurring soon.

trazim7

EURCHF has been bouncing between the demand and supply zone and struggling to break out. we have reached the supply zone yet again which has given us yet another opportunity to take short positions.

trazim7

Reached a supply zone. This is a good R;R trade. goodluck

trazim7

taking a shprt from this current level. Hit a supply zone so im expecting usdcad to be bearish

trazim7

We can see that momentum to the downside is slowing down and price has reached a critical demand zone. we can expect a push upwards.

trazim7

Here we have a short opportunity we can take on eurgbp. We can see that price is having a hard time breaking above the minor supply zone and therefore we can expect a continuation to the down side. This is a 1:8 Risk:Reward trade. Good luck.

trazim7

We are currently looking to take shorts from the 'minor supply zone' as indicated on the chart. we can take profits at the major demand zone indicate on the chart. Long positions should be taken from 0.86970 and 0.86558.

trazim7

we are approaching a strong demand zone as shown on the chart. we can look to open long positions from 1.13604 and 1.13061. Best option and the safest option is to wait for price action confirmation before taking longs at either of the levels mentioned.