Forex48_TradingAcademy

Forex48_TradingAcademy

In AUD/CAD, I have identified a supply zone in which I have located another Point of Interest (POI) area. The price could retrace up to that zone before reversing downwards. Let me know what you think. Happy trading everyone, bye.

Forex48_TradingAcademy

After an initial bearish setup and a short trade closed at 2.5 RR, the market is now showing signs of resistance around 137.70. At this point, I have identified a potential demand zone, which is an area where the price could bounce before continuing its downward trend. However, this zone could also act as a strong resistance before we see the price go even lower....

Forex48_TradingAcademy

On EUR/USD we have a strong congestion. I have identified two hot zones, one supply and one demand. The expectation is very simple, I will look for a short or long trade based on the setup that could be created if the price were to return within the supply or the demand. We will see... Patience is the key. Let me know what you think in the comments. Happy trading...

Forex48_TradingAcademy

On GBP/JPY, we have a strong supply zone that has been broken after four months, and therefore the objective will be to look for a possible long entry with a 1:6 risk-reward ratio target. Let me know what you think in the comments. Have a nice trading day!

Forex48_TradingAcademy

We have a neutral situation, which means that the price is currently within a demand zone. If it creates a buy signal, I will go long, but if it breaks the zone, I will wait for a retracement and then go short. Let me know what you think in the comments. Have a nice day trading!

Forex48_TradingAcademy

On this exchange, the price has just broken through a strong demand zone and subsequently retraced to a supply zone that the price generated within that main one. My view is highly bearish so I entered a short position with a 1:4 risk-reward ratio target. Let me know what you think in the comments. Have a nice trading day!

Forex48_TradingAcademy

I have highlighted a demand zone where the price made a false break and then created an additional demand zone within the main one, which I used as an entry point for my long trade. Let me know what you think in the comments. Have nice trading day!

Forex48_TradingAcademy

Here we have a supply zone that the price has attempted to break, creating a spike which further validates my bearish scenario. The objective will be to wait for a retracement to a point of interest (POI) that I have highlighted. Let me know what you think in the comments. Have nice trading day!

Forex48_TradingAcademy

AUDUSD presents an interesting scenario as it shows a very strong demand zone where the price has attempted to drop multiple times, creating spikes. However, we do not yet have any interesting points for a long trade, so if the price were to break this zone, we could consider a short trade. Let me know what you think in the comments. Have nice trading day!

Forex48_TradingAcademy

GBP/AUD has a strong demand zone where the price has made many spikes. My view is bullish, and I have identified two possible entries in this zone. Patience is the key! Let me know what you think in the comments. Have nice trading day!

Forex48_TradingAcademy

My view anticipates a potential short on USD/JPY. I have identified a very strong supply zone where the price has attempted to break twice without success, creating spikes that I have highlighted with circles. An hour ago, the price created another supply within the strong resistance zone, and I will wait for a possible retracement to enter a short position. Let...

Forex48_TradingAcademy

Gold has a strong demand zone around the level of 1990. Currently, my view is neutral. What I will do is wait for a possible formation of a supply within the main demand zone, and from there I will look for a long entry. If the price were to break the main demand zone, then I will look for a short entry. The goal is to search a possible supply demand zone inside...

Forex48_TradingAcademy

I highlighted a demand zone H4 that generated 3 relatively prominent bullish impulses with circles. Afterwards, I waited for the market to generate an H1 BOS which allowed me to identify a Point of Interest (POI). Then, I identified two targets for my trade, which I opened after the price retraced to my H1 supply. Let me know your thoughts in the comments....

Forex48_TradingAcademy

On EUR/USD, we have a bearish setup in the last week. The market is generating a supply zone with two price retracements before further declining and breaking previous lows, creating BOS in the process. The objective of this trade is to aim for 1.0880. Let me know your thoughts in the comments. Happy trading and have a great day.

Forex48_TradingAcademy

I have identified a very strong supply zone in H1, as the market retested the area 3 times before breaking through it. After the breakout of the supply zone, the price created a BOS, allowing me to identify an additional POI within the previous supply zone. Now the objective is to wait for the price to drop to the 90 area, and then look for a long entry. The first...

Forex48_TradingAcademy

I have highlighted a sell zone and a buy zone that I will use as reference for my profit target. The trade in question is really simple, just tracking the price on the supply area. I opened with a stop positioned above the highest candle within the sell zone. Let me know your thoughts in the comments. Happy trading and have a great day.

Forex48_TradingAcademy

GBPAUD after a retracement has a potentially bullish trend breakout. In my analysis, I have identified a support zone between the 38% and 50% Fibonacci levels, which the price has breached, generating a fake low. After the price has returned above the support zone, it could push upwards to touch the previous highs. Let me know your thoughts in the...

Forex48_TradingAcademy

On the gold chart, the expectation is for a return to the area drawn around the price of 1975-1985, followed by a subsequent rise to the 2040 level. Let me know in the comments what you think.