Zone
GBPJPY IDEA.Do your own analysis ...
Dont Forget Moving StopLoss At Breakeven
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Long Ucad pending buy limit placed (new york session 5/20/20) at (1.38900)
stop loss: 1.38392 (-50 pips)
TP1: (1.40100) (+120 pips)
Final Target: 1.40900) (+200 pips)
Demand Zone: (1.3900-3855)
Resistance zone:1.411
R:R:R= 4/1
Confirmations:
1. current price is in demand zone and has withheld as level of support since the beginning of april. level has been tested three prior times and has had strong bullish momentum pushes as result.
2.price has formed a 1h (hourly time frame) support within the demand zone with several clear rejections to the downside where bears have tried to push down but are being immediately rejected by the bulls.
3. Current market conditions is a ranging market with a strong bullish moves from price levels when withheld as support and with rejection levels being show entry around current price allows entry for structural stop loss below Aprils lows.
Silver Short from Institutional SupplyDear traders,
I am currently short XAGUSD, my reasoning for this position are the following confluences:
- Quarterly, monthly and daily supply zone
- .75 Fibonacci retracement
- M50EMA acting as resistance
- Daily high-test candlestick
I will be targeting the trend line for a RR of 1:1.5.
Best regards,
Don Deesker
BITCOIN UPDATEas expected, price rejected our round number 10.00 and resistance/supply zone in blue.
then price found support around our lower red trendline forming a new swing around it, so our red trendline is now valid and we are waiting for an objective break below it to sell Bitcoin long-term.
meanwhile, price is retesting our 10.00 level again so we will be looking for objective sell setups on lower timeframes.
unless price breaks aggressively above our 10.0 and 11.0 levels (zone) then we will be looking for objective buy setups on lower timeframes on its retest.
AUDUSD UPDATEwe are still waiting for an objective break below our green trendline last swing standing (blue zone) to sell this one.
keeping in mind that price can still test the upper red resistance/supply zone before going downward.
but we will only look for sell opportunities on AUDUSD as price is approaching a rejection zone in red.
EURJPY - Zone to Zone Setups - Supply DemandHello Traders!
Nice possibilities on EURJPY. Zone to zone trading. We got several possibilities on EURJPY. I marked some great levels. Just use them and trade them from zone to zone. We have here on all zone to zones possibilities a great pip range and we can definitely catch some 80-100pips. Just work with this analysis and jump at the retest of the zones into the trade or at a nice price action signal.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
LINKUSDT Watch Price Action | Range Median| Local Support Evening Traders,
Today’s Analysis – LINKUSDT – clear break out failure, trading back into its range most likely to form an equilibrium, how price action forms will dictate the next probable move
Points to consider,
- Overthrow failure
- Demand zone respected
- PA Consolidation
- Range trading (local support and range median)
- Volume climax
Price recently had an impulse move down confirming a break out failure at a key level. Sell pressure pushed price into demand zone where the bulls showed up, subsequent oversold bounce.
The current trading range is between Local support and range median, key trade locations upon a break.
Price action will be important to monitor at these levels subsequently with the RSI and Stochastics, which are quite neutral at current given time, needs more development.
Volume climax evident, indication of seller exhaustion as price balances supply and demand
Overall in my opinion, LINKUST may forma equilibrium before its next impulse move, the way price action forms at key levels will determine a directional bias.
What are your thoughts?
Please leave a like and comment,
And remember,
“You create your own game in your mind based on your beliefs, intents, perception and rules.” ― Mark Douglas
HOW I TRADE - ZONE TO ZONE - TRENDLINES Hi Guys! Today I take you through a quick look at how I trade and use zone to zone trading accommodated with trendlines to get my extra edge on the market. Please if you found this video useful can you please comment and like below and please include what you'd like to see in the future.
Hope this helped! Happy Trading!
GBPUSD HeadandShoulderDo your own analysis ...
Dont Forget Moving StopLoss At Breakeven
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
EURUSD BreakoutYesterday, EURUSD broke down trendline with impulse movement.
We expect correction and test in the area 1,0808 - 1.0776
After the correction, the levels we expect to reach the price are 1.0921 and 1.0987
This will reverse the trend!
We expect possibility of even higher values in the coming days.
Keep an eye on our daily analysis to keep yourself informed of developments.
The critical level for the model is 1.0745
Good luck!
Bitcoin Levels April 2020Bitcoin is currently standing between the weekly open and monthly open levels. Quick analysis of the levels anticipates the following levels:
March Open - 8523
April Open - 6412
Weekly Open (20 Apr '20) - 7121
Yearly Open - 7195
BINANCE:BTCUSDT
In case of a candle close above 7450 - 7500 it is quite certain to expect the next zone at 7600 - 8100 to act as resistance.
With 17 days before the halvening on the Bitcoin block reward, we might expect volatility on both sides.
Let's see how we progress.
Eyes on the prize!
USDJPY Potential Bullish MovementUSDJPY Potential Bullish Movement
we are waiting for a momentum candle close above 108.0 to buy this one
Reason:
1- Objective symmetrical triangle (in blue)
2- Objective Head and Shoulders pattern (in orange)
3- Support Zone from Daily 107.0 (from in purple)
Three confluences are enough to consider Buying USDJPY, after a break below 108.0 (in gray)
*unless price breaks aggressively below 107.00, then a bearish movement would be expected
USDJPYIn the last 3 days the price is in the range 107,32 to 108,03.
With such side movements there are two options for trading.
The first is to buy from support to resistance and to sell from resistance to support.
The second we expect to develop right now is a breakthrough in the range.
After the price breaks (close) beyond these levels, we expect the movement to continue in the direction of breakthrough.
The recommended entry is for the post-break test. In this way, false breaks are missed.
Contact us for more information!