looking here at the nzdusd daily chart we are sitting in daily demand (level on top of level DBR/RBR). im personally bullish with price in its current location. banks/institutions have clearly found value in buying in that area before so why not again? Cheers
EURGBP: Retail trader data shows 14.7% of traders are net-long with the ratio of traders short to long at 5.79 to 1. Price is now at a fresh weekly supply area where sellers clearly have taken control. This analysis is based on supply demand and the trap of retail traders. im bearish here. who know will keep this on the radar. cheers.
Please refer to picture for analysis. we are in a daily uptrend with price back into daily demand. bullish oil with price in this area.
not a btcusd trader but this pattern usually has a explosive move. flag/pennant pattern
took a short on usdjpy 4hr short. with price inside HTF supply and we have a decent level formed on the 4hr i took a short at this area.
please refer back to photo for analysis....Thanks.
please refer back to photo for analysis. Looking at the daily chart we are sitting in daily RBD supply so with price in this area we know looking for shorts in this area based on supply and demand analysis.
bought this pullback into daily demand whole area. looking for price to continue the next impulsive move up.
looking here at the usdollar 4hr chart. price has created new demand area. looking at a stronger usd here at this usdollar level. All pairs with USD will be on my radar 2 see if i can use it as a correlation.
please refer back to photo for analysis. my analysis is showing might be overbought. looking for a correction move here maybe.
looking at the daily chart of the canadian futures index (D61!) price is at daily supply so any shorts would be counter trend based on the index chart but maybe not on the pairs.
please refer back to photo for analysis, price at daily supply in a downtrend looking for a weak usd/strong cad in these locations.
please refer back to photo for analysis. thanks!
looks like we are in a daily uptrend but with price coming into supply we could see a correction move
please refer back to picture for analysis. price at a nice demand location on the daily chart. with price at this location im bullish for now.
please refer to picture for analysis. HTF look weak and 4hr showing more down pressure to the downside.
please refer back to picture for analysis. cheers.
please refer bck to photo for analysis. but we are in a weekly uptrend and price is back into weekly demand. comments welcome...cheers