this bearish scenario only valid if the trend line breaks, the seller's SL is the last top (which we think is the top of wave 1. any touch of the trend line could be a buying opportunity.
This showing supply and demand areas for Gold (XAU/USD)
charts show daily channel, supply, and demand zones.
hello guys, EURJPY been in a long uptrend on the daily TF, we believe the pair just finished a complete impulsive wave, at the top, the price been rejected from a resistance zone, that area rejected the price 130 points on the 18th of March, check out our Youtube video, so we will short this pair, our entry is the market price, stop loss any daily close above...
pair: 🇨🇭🇺🇸 USDCHF status: finish ending diagram at supply area entry: market SL: 0.94700 TP: 0.92600
🔄 update: Weekly Supply & Demand: (USD/CAD)
🔄 update: Weekly Supply & Demand: (EUR/USD)
🔄 update: Weekly Supply & Demand: (GBP/JPY)
this is beyond technical, 12th February 2021, the chart showing the same behavior we saw in early December... buyers pushed up the price nearly 200$.
is it the same buyers who bought @ 1765
Gold (XAU/USD). Gold still missing the last wave (5).