wutang to 348-350just a prediction. also a zone on 4h around 348. weekly looked like a bear flag but seems like it held. we'll see.
Zone
NETFLIX UPDATE!last time my friends, its entry season. We are looking for a push up to $343.00
For further details or any help please message me, and happy trading! :)
Dollar/Swiss Franc BUY- 1.00007 Potential Target AreaPotential Buy Position on USD/CHF - 1.00007 Potential target
British Pound/US Dollar BUY- 1.30834 Potential Target AreaPotential Buy Position on GBP/USD -1.30834 Potential target
USD/CHF RETRACE AND LAUNCHAfter breaking this daily significant ascending trendline we are just looking for a entry point on US dollar/Swissy pair which would be the best one if this pair retrces to fibonaci golden ratios which correlates also with a resistance zone. Also weekly timeframe looking extremely bearish with a clear rejection of fibonacci 61.8 and 1.000 key zone.
#tradesafe
Gold broke strong zone on daily , opening pricesGold made a clear break of a strong zone where it had open and closed for some days. leading up to major rejection after at .382 and then 0 levels. is very safe to -0.272.
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USDCHF H4Red Zone = Sell Area
Green Zone = Buy Area.
Blue Line = SNR
Possible pullback then continue drop.
Patient is the Key...
EURJPY Long (Was away all of last week on vacation!)Back from vacation and happy to be back and honing my skill. My trades have not been accurate lately but I have controlled my losses by cutting them quickly. Doesn't mean the losses don't sometimes get to me - I am human after all.
This is zoomed out so you understand where price is at. It's the first touch the big supply zone and price has not only bounced off it but also tried to retest only to make higher lows.
It's broken the structure and I'm in.
Cup and Handle pattern on the lower timeframes tho I will be focusing on the daily on this one - very nice set up.
Educational charting analysis 3 touches is strong confirmation for a trade position. Looking at this text book example shows how easy it can be to identify what direction the market is going.
Swiss Franc/Japanese Yen SELL - 107.533 Potential target AreaPotential Sell Position on CHF/JPY - 107.533 Potential target Area
EURUSD ShortHello, my analysis is above. Feel free to comment or message me on what you think price will do.
USD/CHF Shorts.Simple Zone to Zone trading.
Price broke 1hr/4hr Demand to the left and shortly after, pulled back to retest that zone, Creating a small 15min bearish engulfing off the (DistalLine) of the zone. THEN a 1hr bearish engulfing.... Yeh, ill take my chances with this short position. Stops above the distal line of the zone.
Now we can watch price potentially trade toward our opposing smaller timeframe zone, before pulling back to continue lower (Another Entry Opportunity) and making a new low, ALSO hitting our Fresh 4hr demand zone @ 0.98190.
