-Very decent sell opportunity on the retracement of the demand turned supply level. -There is also another confluence with the 38.2% fib level which indicates price could potentially retrace from that significant level. -Another confluence is the 50EMA which is above price which suggests short signals. -We could also see on the daily chart that there is a...
-Very good selling opportunity of the rests of the support of the channel. -There is a confluence with the support of the channel and the demand turned supply zone which shows price could potentially react from that zone. -Another confluence is that the 38.2% fib level is line with the supply zone which gives me more confidence price cill reach that level and...
- A very decent long opportunity on the rests of the trend line. -The fib level 23.8% is in line with the demand zone which adds extra confluence that price could potentially retrace from that zone. -The trend line is also in line with the demand zone and 23.8 fib level which indicates that this is a good high probability set up. - The 50EMA is below price which...
-Very good sell opportunity for gold as we could potentially see a breakout of the demand zone. -Price could retrace back to the demand turned supply zone and bears could take control to the downside. -The downward trend line could be an excellent entry as price as already retraced around the 23.6% level and from the trend line. -50 EMA is above price which...
-There are two ways in which we could enter this pair on which is either to enter on reversal to the demand zone -Or either we enter at the breakout of the 1.26133. -Either way there is strong bullish momentum indicated by the break of the ascending channel. -The 50 EMA is also showing the bullish signals for this pair. -We will have to wait to see how price will...
-This is a really good buy opportunity on the reversal of the 23.8% fib level. -A confluence in the higher timeframe we see ascending channel which indicates a bullish trend. -Another confluence is that 50EMA is below price which shows that we should be looking for bullish signals for this pair. -The supply turned demand zone is in line with the 23.8% fib level...
- A very decent buy opportunity on the bounce of the 50 EMA. -Price is was acting as support of the EMA which indicates that there is still strong bullish momentum. -The 23.6% fib level also adds another confluence that price will have a strong move to the upside. -Another confluence is the supply turned demand zone which price has retraced from. This is a very...
-Very decent long opportunity on the reversal on top of the ascending triangle. -There is a confluence as the resistance of the triangle is in line with my supple zone. -Another confluence is that the supply zone is in line with my 23.6 fib level which could indicate that price could potentially reversal from that zone. -An extra confluence is the EMA as it is...
- Very good opportunity to go for a short position on this pair at the reversal of the supply zone. -Another confluences is the EMA is above price which shows bearish trend of the pair. -Wait for a strong bearish candle at the supply zone and enter the trade. Let's see what happens during the week!
-If Bulls take control of this pair then I will wait for a breakout of the triangle and look to enter on the retest. -The 50EMA is below price which indicates bullish trend of the pair. -Top down analysis from the Daily and 4 hour show bullish trend and signals. -I will wait for a strong bullish candle on the retest and then I will enter a long trade.
There is a good opportunity to enter long on this pair just waiting for a retest on the daily demand zone and look for bullish candle confirmation. Drop down to the lower time frame and enter a long on the pair. The potential risk to reward ratio on the trade will be a 1:2 ratio. Lets see what happens near the end of Friday!
A very decent short position on the reversal of the support turned resistance of the the descending channel on the 4 hour. The EMA's showing bearish signals as extra confluence with also a strong bearish channel on the higher time frames. This will hopefully be a very good sell trade! Let's see what happens during the week!
-Very good opportunity to enter a short position on the retest of the supply zone which is in confluence with the 23.6% fib level. -Another confluence is the EMA's which show bearish signals as price is below both EMA's. -Top down analysis from the weekly and daily show bearish signals which gives me confidence the bears are in control of this pair.
- Price has broken the descending channel and we could potentially see a reversal of the resistance which is in confluence with my demand zone. -Another confluence is that the 23.6 fib level lines up perfectly with the demand zone which could indicate that price will most likely reach the level and the bulls will be in control of the pair. -The 50 EMA is above...
-Very good opportunity to sell at the supply zone which is in confluences with the 38.2% level. -The Ema is above price suggests Medium term bearish momentum on the pair. -Price previously broke the ascending channel which is also another indication that price could retest the supply zone and then we could start to see bearish momentum for this pair. Wait for...
- I see a good short opportunity for USDCAD at the reversal the descending triangle. -EMA indicates medium term bearish momentum of the pair. -38.2% fib level is line with the support of the descending triangle. -However, price could potentially go back within the descending triangle and indicating it is a false signal. -I will wait to see how price will react the...
-Good sell opportunity on the rest of the descending channel which is in line with the 38.2 fib level which adds confluence that price could rest from that level. - The Ema's are above price which indicates bearish momentum of the pair. - Wait until price has reached the significant level and look for a strong bearish candle to sell this pair.
-Looking to short this pair on the reversal of the 61.8% fib level which is also in confluence with the supply zone. -Price is also below the EMA which indicates bearish signals. -Top down analysis from the weekly and daily show a bearish trend. -Very good opportunity to go short of this pair. -Lets's see what happens during the week!