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Supplyandemandzones

GBPAUD: Preparing For Sells As Price ReversesPrice just reversed on the daily timeframe. Buyers were pushing GBPAUD to the upside, but now that AUDUSD is increasing in strength, GBPAUD is decreasing. These two currency pairs are whats called negative correlating currency pairs. The pair they have in common are AUD. It's like a seesaw. AUD is in the middle. If GBPAUD increases AUDUSD will increase. If GBPAUD decreases AUDUSD will increase. There are plenty of websites to find positive and negative correlations. A quick Google search should do the job. Be sure to focus on pairs that move 70 to (-70) with and against each other. AS far as GBPAUD, I'm on my hands until price pulls-back. We don't know how long price will decrease until the pullback happens. Press 👍🏽 if you enjoy this analysis and be sure to comment your thoughts and questions below. Remember, let us be kind to one another and provide value, not just random thoughts.
Short
by ShaquanLopez
USDCAD 1.27377 - 0.7 % SHORT IDEA * CONTINUATION & PRICE ACTIONHEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR / CAD PAIR. * The PAIR is currently range bound consolidating between support and resistance That just saw a test of the base of structure. - Short term the pair has currently entered an up trend as WE broke above the double bottom formation on the 4h chart. - The pair just saw a retest of the 50 % Fibonacci retracement level and rejected this level. * A break below of this level changes the plan and we await the market to show us direction. - Looking for LONG entries on the pair this week should all the rules of the formation be met. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Short
by PULEMokhothu
EUR / USD 1.13638 - 0.4 % SHORT IDEA * STRUCTURE & PRICE ACTION HEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, A LOOK AT THE EURO / DOLLAR PAIR. * The pair has been range bound in consolidation for a while now, trading in a descending channel within this structure. - The pair saw a break above of structure currently rejecting this move, which brings the possibility of the descending structure being in play again. - Looking for short entries on the PAIR short term this week should all the rules of the formation be met. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Short
by PULEMokhothu
Potential Crab Forming 🦀XAUUSD - Potential Crab Forming, D point landing inside strong demand zone with lots of confluence, makes a very nice PRZ. We've had a BOS on the 3H, price is bearish on the HTF also. This move is following the HTF trend. I do expect a slight push up before this potential down move (Based on the LTF analysis) Let me know your thoughts! ** Disclaimer *** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
OANDA:XAUUSDShort
by benalistarfx