Zonetozone
Retracement Determines Next MoveKeeping this short and sweet this week.
All the pairs I'm updating are based on Friday's big move. The focus is to determine price direction and next setups. I don't have enough info yet for the next major moves. So trade zone-to-zone.
BULL TPS:
From the 1.45942 zone…
• 1.46382
• 1.47075
• 1.47542
BEAR TPS:
• 1.45942
• 1.45571
• 1.45161
• 1.46641
AUDCAD 10 FEB 20 - Bearsih signalsHello everyone, i see two divergences on the AUDJPY pair.
Jpy is getting stronger and stronger every day (just look at EURJPY), so the price is clearly going down. MACD and VOLUMES are diverging the price since 22 january 20, and now it touched the resistance zone retraced by the fixed volume range.
It is time to short.
Major Key Level Reached For Strong SetupThis pair will be important to look at this week because of the weekly SR it made to… it hasn't been there since 2010. So that means this is a major setup forming.
This key level has delivered strong respect off support the last time it was hit. Let's see will it do it again. If not, I have one short TP that I'm aiming for… that is, if it can breakthrough.
BULL TPS:
• 0.88893
• 0.89372
• 0.89801
BEAR TPS:
• 0.86927
Waiting For Retracement to Reveal The Next MoveKeeping this short and sweet this week.
The majority of the pairs I'm updating are based on Friday's big move. The focus is to determine price direction and the next setups. I don't have enough info yet for the next major moves. So trade zone-to-zone.
It looks like it's not done falling, yet it's running out of steam. What happens this week will determine if we have a pullback for continuation or a flat out reversal.
Let's see can it get to that monthly SR level below at 107.555.
BEAR TPS:
• 108.235
• 107.917
• 107.567
BULL TPS:
• 108.760
• 108.935
• 109.247
GBPJPY short and longThe GJ is in an Up_Trend. Now at the supply level it will drop at first a little. If we see here a Re-Test at the supply level we can enter the short-Trade. We are about to see a drop on the GJ Pair. After that it will continue the Up_Trend. Also here wait for a Re-Test or put SL a little bit higher. Maybe we will not se a Re-Test and it will just start rising.
USD/CHF ShortsSimple 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.
R:R 1:2.3 1st position
R:R 1:5 2nd position