Analyzing #nas100 on the 4hr timeframe, we anticipate a drop in price of #nasdaq from the 4hr Supply, which confluences with 1hr/30min Supplys. We'll also take long entries upon retest of 4hr Demand.
Analyzing #NAS100 on the 4hr timeframe, we will be looking to enter long positions after a drop in the value of #NAS100 when it retests a freshly formed 4hr Demand, which confluences with 1hr/30min/15min Demands.
Gold generally has a bullish momentum on Daily bigger picture.
Analyzing #XAUUSD on the 1Hour timeframe, I am looking forward to taking potential buy positions upon the retest of the freshly formed H1 Demand zone, which confluences with 4H, m30, m15 and m5 Demands.... that's if price returns to it lol
Risk to Reward of 1:10 🌪
#gold #xauusd #eyethesackfx...
GOLD SHORT BIAS - DAILY TIMEFRAME;
Analysing #XAUUSD on the Daily timeframe, I am looking to taking potential sell positions upon the retest of the previously formed Daily Supply zone, which confluences with 4H, 1H and m30 Supply zones.
On the Daily timeframe, gold broke previously formed resistance at 1764 and started forming series of HH and HL.
Expecting...
AUDCAD SELL BIAS ; H4 TF 📉
In predicting market turning points, it is important to take note of market structure and location.
In AUDCAD, the market makers are willing to reprice or bargain that supply zone at a fair price, because price created a market liquidity void (a porous price action) that needs to be filled.
Risk to Reward >>> 1:7
190+ pips with 2%...
USDCHF has shown bearish mode at 0.91800. I think this level is a great supply zone, which will see USDCHF sell to my indicated Buy Zone.
Additionally, USDCHF broke out of a rising wedge at 0.91800, whilst rallying in an ascending channel. This is a great and second confluence to confirm a reversal. Price action also gave us an evening star reversal candlestick...
