AlfsFX

AlfsFX

We have been very over bought on this pair entering a strong daily supply we have seen a strong reaction to the downside. From this we have a clean unmitigated supply zone with a handle of 0.68000. Thus was the supply that caused the recent shift in structure.

AlfsFX

Respected this downtrending market condition and have made a further break of structure on the 2H TF. With the supply that caused the break to the downside I will be waiting for a smaller time frame module to occur that I teach and get in on a conformation entry.

AlfsFX

Currently holding a 4H supply that caused the shift in structure. Going to wait for a smaller time frame conformation of this area as we have a strong extreme supply above that could well be used and will use our supply that we are holding as liquidity.

AlfsFX

Continuation trade following market structure continues, this is a strong 4H supply i can see price holding.

AlfsFX

With a strong daily supply being respected creating a break of structure to the downside, i can see this 2H supply that caused the break of structure to hold and make another structure shift showing us the markets intensions. If we get this structure shift I will update the position for a POI to trade from.

AlfsFX

A clean unmitigated 4H supply that I can for see price mitigating. We also have a key handle of 0.61000 and is the last unmitigated supply that caused the big break of structure to the downside. With liquidity building i can see buyers being wiped out once we tap into this POI. As its a big supply via pip and RR reasons i will be updating once we tap into this...

AlfsFX

Following in on the 2H supply i sent in the other day that is running very smoothly we can see maybe a second entry point on the smaller tie frame here with a key area in play to of 182.500. Imbalance that needs to be filled.

AlfsFX

4H supply that caused the recent break to the downside that is also unmitigated. Small supply that means we can trade aggressively of this zone. This zone was also respected by the supply that caused the shift in structure around 1.92500. Meaning are next supply is unmitigated and should be the choice of supply that price may respect.

AlfsFX

Following our 3% gain on GBPUSD Yesterday, I can see EURNZD playing out very similar with this 4H supply that caused the further break to the downside and mitigating this supply before making further lows to the downside. We also have a key handle of 1.79000 which is a extra confluence in favour of this trade. Very simple trade but effective.

AlfsFX

Can see a continuation of market structure to the downside here with the 2H supply that caused the recent break. Also have a key area of 1.22000.

AlfsFX

Broken below a major demand level around 183.000 that kept being held. If we see a continuing bearish market in this pair we have a clean unmitigated 2H that supply that caused the break to the downside. Liquidity being built.