MacDannie01

MacDannie01

Anticipating a nice sell move, because of rejection on supply zone n formation of first candle

MacDannie01 Updated 

Supply Zone at the extreme high is tested, signs of selling power being injected at that high, anticipating a nice fall to the downside

MacDannie01 Updated 

We had price rallying down for the past 2 days, now it has reached a critical area which i am assuming has injected some good buying momentum Looking like a high probability buy trade

MacDannie01 Updated 

Spotting a small potential buy on CADJPY, reached a demand zone and seems to have run out of selling momentum, came back for a second touch to collect more buy orders, seems a good buy trade to take

MacDannie01 Updated 

Price had recently dropped aggressively from this level, fell to a demand zone where buyers gained a lot of momentum to push price to the upside Price is now gathering selling momentum in order to be able to push to the downside This is looking a high probability sell trade

MacDannie01 Updated 

Price rose from a major demand zone on this pair as it did for AUDJPY, because we lost selling momentum, now it is starting to seem like the sellers have came in and might drive price to the downside. Nice high probability sell trade

MacDannie01 Updated 

Momentum shifted to the upside, now price came back to collect the buy orders that remained, looks like a good buy

MacDannie01 Updated 

What we saw here is price coming back to the level where it previously rose aggressively, assumptions is it came to collect more buying power to continue shooting Looking like a nice high probability buy from the demand zone

MacDannie01 Updated 

We ran out of selling momentum on this pair, so price rose to come gain momentum to push down, we can wait for the bounce on than near zone, n a retest on the supply zone (to form a double top) and then make your entry. ALternatively if the zone can be broken, wait for price to come back for retest before selling

MacDannie01 Updated 

We saw price rise aggressively from the demand zone because sellers lost momentum, looks like price came back to the supply zone to regain selling momentum, lets wait for rejection and signs of potential selling momentum kicking in Nice 1:2 Risk:Reward Trade, looks like a high probability trade, 50 pips target

MacDannie01 Updated 

What we see here is NAS losing buying momentum, so it came back to a critical demand zone to gather momentum to push, so assumptions is that it will build momentum to rise to that high, and maybe push beyond. Could potentially form double bottom before rising, wait for confirmation of buying momentum