We have confluence with price with the Golden Zone. Looking for price action for a buy entry. Although price is below the 200 EMA and slightly below VWAP, I am expecting strength in the coming days...RSI has given an oversold signal with previous candles but a lower low was created. Its important for price to hold within this zone for this idea to be valid....
Now that the major USA news is out the way, we may see the original pathway of price again. Price is within the Golden Zone with a Supply level right above. RSI indicates an overbought level on the 4hr time frame. Looking for price action to short price to the bottom level of the Fib. Note: This is not trading advice; trade at your own risk...
Price took a big drop on Friday for the USA NFP. Its currently in a Demand zone and has also created a lower low. Within the range we have an overbought signal. Looking for price to climb above the demand zone then retest it. This can be a short term long position. Next stop, I am looking for price to retest the Supply zone which is quite heavy. At that time, I...
Looking for price to push back up to Supply zone for a potential rejection. Heavy resistance present for price in coming days. Bearish landscape still present. If opportunity presents itself, will short to Demand zone at the bottom of Fib level. Note: This is not trading advice; trade at your own risk.
My previous markup was invalid which displayed a range that I anticipated to break with the bulls. Instead price broke the range and has a stronger potential to enter the golden ratio zone within the fib. Strong buyers are below when comparing "supply & demand"... I am still bullish and will be looking for a rejection at the levels shown for a potential buy entry....
Price is in a bearish landscape and Im looking for a pull back(retrace) to enter a short position. I marked 2 ratio levels for the rejections I will be looking for. 200 EMA (blue) and VWAP (pink)... Heavy pressure is present from the supply vs demand levels to support the short bias. NOTE: This is not trading advice; trade at your own risk...
Price may provide another chance to short if price retests the 618 level for a 2nd time at the resistance level of the channel. If this plays out, I will consider a 2nd position to short until TP target is hit....Price remains in down trend below 200 EMA and VWAP... NOTE: This is not trading advice; trade at your own risk.....
Price has pushed up nicely since my last chart markup. I didn't take the long entry for this opportunity previously but we have another opportunity approaching. Price is consolidating within a wedge. Blue EMA is 200 EMA. Pink average is Anchored VWAP which is serving as support. Looking for a breakout with a higher high created to take advantage of a long position...
We have a consolidated range that played during the plans of my original long chart markup. I remain bullish with price. Here was see a bullish landscape with price above Ichimoku cloud and the Anchored VWAP serving as support. Looking for price to climb back up above 618 level to hit the ultimate target above. Patience is needed to determine if this will play...
Wheeew, lots of volatility here with EurUsd but patience is the key. We can see a retest of the 618 level as price still remains in a bearish landscape. I am holding this short with the premeditated target shown at the bottom. The Pink line is an Anchored VWAP serving as resistance. Ichimoku cloud is also serving as resistance... Lets see what price does in coming...
Price is looking for its footing to potentially create a higher high. With that possibility in mind, I am looking for a break in the 50% level for my long entry. If conditions permit, I am looking for price to climb to the Supply zone. Demand is showing a heavier presence below which supports my bullish bias. Lets see what the coming week brings us..
We have price action with a bearish engulfing candle at resistance of the 30 min tf. Supply pressure is exceeding the Demand of buyers. Looking for a break of 50% Fib level for a short opportunity. Bearish flag formation is supporting my bearish bias for price. NOTE: This is not trading advice; Trade at your own risk.
Price has bounced off of the 38.2 level with a strong bullish engulfing candle of price action. Demand is showing more pressure vs Supply, indicating the buying orders should be stronger. 200 EMA and Anchored VWap are also supporting price. In coming days, expecting to see a full return to the supply zone. NOTE: This is not trading advise; trade at your own risk.
Supply is slightly heavier than Demand, so pressure is expected for selling. Looking for price to create a lower low and break the 618 level for a short entry.. Note: This is not trading advice; trade at your own risk.
Revised entry setup from previous publishing. Strong zone of demand below price supports bullish bias. Looking for another break above 38.2 for entry. Note: This is not trading advice; trade at your own risk
Update to previous idea with revised entry. Looking for price to create a lower low around 618 ratio..Price is withing Golden Zone of Fib and under pressure from Supply (above). Short price to demand zone below... Note: This is not trading advice. Trade at your own risk...
Price is under pressure of a big presence of Supply Vs. Demand I am looking for a retest of a major support level that broke which is now resistance. Price is currently within Golden Ratio zone and my bias is short for coming days. Note: This is not trading advice. Trade at your own risk.
There is a big presence of Demand for price and if you notice, price is rejected every time it touches the demand zone. Most recently, a rejection of 618 level and demand zone pushed price back up. I am looking for a retest at a resistance level that was broken which now serves as support for a potential buy opportunity. NOTE: This is not trading advice. Trade...