GBPJPY SELL THE RETESTgbpjpy has breaken my trend line and formed a retest from the bottom so it an good oppurtunity to sell and hold
Zonetrading
Zone Trading strategy and custom indicatorThis is an idea that uses Pivot Points, Fibonacci, Fractals, and Momentum to attempt to predict "zones" where the market may pass through. Typically used on faster chart times, but this example shows a 15 min chart for demonstration purposes. This idea has been used on ES, NQ, RTY, YM, and their related micro futures products.
Supply and Demand zones and how to use themAs we can see above i have demonstrated how supply and demand zones can be used to help you analyse a chart.
Firstly we need to identify an absolute high and and absolute low on the TF we are using. The higher the TF the more valid the zones become. When the absolute highs and lows are identified, they are what we know as the major supply and demand and we will expect the greatest reactions to happen around them.
As the chart also shows, price will create sets of highs and lows in between the majors and they are what will become the MINOR supplies and demands. These zones can be looked at as reaction points, however once the price breaks through them they become invalid.
This is just a very brief way of looking at zones in order to help you analyse a chart.
GBP/JPY Full RetestPossible price retest of complete zone before heading back up, or break bottom of the zone. Looking at a potential long setup!
[17th Nov 2021] GBPJPY LONG IDEAPAIR: GBPJPY
BIAS: LONG
Here is a simple long setup idea based on the Break & Retest strategy.
USDHUF POSSIBLE LONGPair has been in an established uptrend and has broken through another resistance level cleanly...all I'm waiting for this setup is to see bullish confirmation at zone to get into a long position
US500 approaching support levelsThe US500 might find some support around this 4280 support zone. Will wait for a pause in that area to confirm actual buyers stepping in.
GBPJPY Idea 9/18/2021Hey traders, this is an idea for GJ. I have placed all details on the chart. If you agree please like and follow!
SERO can pump sharplyAfter reaching the first target (67% profit), I believe SERO can pump again
max. 3-5% of the wallet can be used to buy SERO
POLKUSDTAfter enough correction, POLK is going to pump about 100%.
A cup pattern can be seen on the chart.
Us30 favorite for the the day Wait on the US30 to breakout of the range and favorable to the down side. Clean candles to the left.
EURNZD UPI see EURNZD that it will go up from the 1.67203 area so that it is a strong area for us to think about buying from it and of course from waiting for some confirmation to enter the trade and the target will be the 1.71709 level
A perfect bullish structure is happening for QTUMUSDTQTUM is a good choice to hold for midterm, however 12$ is a strong resistance!
EURJPYEURJPY IDEA 4H!! Im postivive this week will bring bull to play in Eurjpy it did hit a strong support point daily .
GOLD UPi SEE GOLD WELL GO TO THE 2000 set and forget This analysis and waitingthe confirmation entry to go with it
EURUSD Analysis 8/17/2021
Hello traders, looking at EU. Two possible scenarios…
1. If price closes above 1.17000 on the daily time frame, then we can look for long positions as a double bottom can potentially form.
2. If price closes below 1.17000 we can see price drop down to the next zone which is price 1.16400
Thank you, good luck trading.
GBPJPY Analysis 8/12/21Seeing a good bearish movement. Although its a little too late to get in for a sell position right now. I would recommend waiting for how the daily candle closes. If price closes under price 152.500, then we can see a movement downward.
Currently waiting for price to retest 152.500 and waiting to see how the daily candle closes.
