Am expecting gold to tap in to 2458.50 - 2432.42 supply zone to 2390.18 - 2381.28 demand zone
GBPUSD still on weekly supply zone then creates a potential supply zone nested in weekly supply area. i expect price to further fall to the downside into 1.25616 - 1.25023 demand zone.
I expect GBPUSD to rise to 1.27747. a potential demand zone was created when 1.27473 was liquidated thus negate the supply zone.
the daily trend of USDCHF is down, creating a potential supply zone 0.87280 - 0.86830 on 4H time frame could possibly push price to the down side 0.85767 or demand zone 0.85209 - 0.84902. the 4H supply zone has align with the daily down trend for a short term sell.
EURUSD took out sell side liquidity (1.08445) and also buy side liquidity (1.09162) thus creates a demand zone (1.08396 - 1.08396) respected with two pin rejection without liquidating. however i expect price to rise to 1.09332 as far as the demand zone remains in control.
USDCAD Create a 1H demand zone, considering 4H buy sentiment i expect a continuation to the upside to take out 1.34921 liquidity. Also USDCAD had gone extreme hence exposes to a taking risky potential long term buy , it may react to 1.35424 - 1.35047 potential supply zone.
after the tap rejection on the supply zone a sell momentum took place which could indicate a possibility of a sell sentiment. I expect GBPUSD to sell to 1.25968 liquidity .
GBPJPY is at demand zone(nested daily in weekly demand zone) there is a possibility for a short-term pull back, since GBPJPY is at extreme holding long is risky. upon confirmation on the demand zone the possible target is 185.805 - 185.038 supply zone. W1 and w2 zone are the two demand zone in control. W1 and w2 zone are the last two imbalances remaining for...
GBPUSD respect the demand zone and also took liquidity at 1.26506 indicating potential strength for Buyers. thus weakening the daily supply zone am expecting the the supply zone to be eliminated.
I expect EURUSD to respect the demand zone and go for a short-term pull back
GBPCAD is at extreme supply zone, took out 1.72465 and liquidate 1.70845 i expect GBPCAD to drop on 1.70092 - 1.69562 demand zone
USDCHF bounce from weekly demand zone and create a potential 4H imbalance, a possible short term Buy into the supply zone 0.88749 - 0.88204
GBPUSD at extreme(weekly supply zone) hits daily supply zone and moved away indicating a potential bear sentiment if it holds possible target would be 1.25563 or 1.25165 - 1.24511 in to demand zone. GBPUSD might take liquidity at 1.26531 before dropping.
The liquidity taking at 1.08551 having a daily momentum candles creates the potential supply zone after rejecting from the weekly daily supply zone thus price might respect the zone to a target 1.08121 or 1.07596 - 1.06534 Demand zone.
1.06500 and 1.05241 liquidity taking creates the weekly supply zone thus expecting a reversal to 1.08307 or 1.07596 - 1.06534 demand zone
USDCHF established a potential weekly supply imbalance ( w potential imbalance ) in between two zones W supply zone and W demand zone indicating more strength for bear sentiment and also a possibility for a range between this two zones. if the w potential imbalance remains the W supply zone will be in control. also if the W demand zone will take...
A brown new daily demand zone is in control and it has weakening the daily supply zone i expect price to take out 1.06941 liquidity first before reaching 1.05247 level
after the tap on the demand zone and a strong shift of 4H momentum candle that show strength of the buyers and weakness of the seller hence expecting a rise to 1.06941.