Zonetrading
Double Fibonacci Retracementthe green boxes are the "Buy zones".
We can see the Fibonacci retracement overlapping inside the reload zone , it's a good sign that the market will go higher.
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disclaimer:
Technical analysis is just based on probabilities.
People who do TA analysis are just statisticians , it's only the most likely outcome and not an absolute.
Nothing is absolute on TA and on Fundamental analysis.
GBPUSD - Some to watch for potential swing to the upside Price has been pushing higher this past week.
Similar to the GBPAUD chart there is an obvious Daily zone, this is too wide a risk for my liking.
Down on the 1hr chart I have found a demand zone that is just above the Daily price, which when looked on the 1hr chart is very sideways.
Will wait and see what price does
GBPJPY - Daily Zones To watch Having a look through the timeframes the only areas that are standing out are currently on the Daily TF
Price has been pushing higher, given the previous price action, as marked out in the rectangle box there is a fresh zone at the 152.00 level
will wait for further confirmation on current direction
NZDCAD - Zones to watch this week Price hasn't really touched the bottom zone, it has be pushed up before its gotten there which leads me to believe that this could offer a buying opportunity.
There is a fresh 4hr zone to aim for which as you can see price has been moving sideways for some weeks.
there is a truly fresh demand zone lower.
GBPJPY - Zones to Watch this coming Week Price has touched and moved sideways from the recent Daily Zone.
Looking at the Daily price has continued its bullish movement up.
What I'm watching is the 1 hr demand zone to go long, a retest of the Daily supply offers a RR of: 4.5 :1
If price pushed higher I would be looking at the 147.00 level as a higher target offering a RR of: 9.8 :1
UsdCad long quick and nice 15 pips4h morning star
1h morning star early london momentum still moving up
higher time frames always win so need to trust
we have triangle formation waiting for break with our long bias from higher tf
we get a last kiss on 15m with lots of nice rejection dojis
one more push and rejection of down trend line and then a break with the 5m tf
also 30m ftr which was a larger picture of the last kiss
1-2 RR depending on entry and profit target
keep your charts clean and simple
once you took trade up to resistance / supply zone could have shorted for 15 pips and once again it seems on 15m hanging man doji
good trade overall, happy trading and trust the 4h signal