Since we reached the Monthly demand, we could expect a reversal from here. Stoploss underneath demand zone. Had a buy limit entry at 1.04920, which was triggered today 27-9. TP1: 1.06066(yesterdays NY high session) TP2: 1.07355(NY high few days ago). Still not 100% bullish since most retail is still long.
Looking for a long out of this montly demand zone. What seems also some bearish news the coming days for USD, what could help the price go up. Entry 1.05617, SL: 1.05529, just a bit underneath the lows of the todays London session. TP 1.06060, top of the candles of yesterdays NY session highs.
Expecting a push back up to this imbalance area around 1.06978(entry) SL 1.0792, expecting it won't go much higher then 1.0754 wicks on the 1H chart. TP: 1.06156, lowest point of the last London session, and trend still bearish.
Big sell of yesterday, i expect a retracement back to the imbalance area to the height of the NY session. From there on back down following the bearish trend. Stop loss just below 4H reversal candles
Following the trend, EURCAD could go down to the demand area of 1:43237.
Daily/4H/1H chart analyse EURUSD Bearish Ik verwacht een retracement naar aangegeven imbalance area op de 1H chart die onstaan is op donderdag 14-9 met de sell off tijdens news met de NY sessie. Sell limit entry: 1.07275 TP nog steeds 1.04925 in Weekly Demand area SL: 1.07549, denk dat de meeste liquidity wel al gepakt is, maar SL net erboven de laatse paar...
For tomorrow im expecting the price to rise a bit to around 1938-1940 area. Then a retracement back to 1923, maybe further, but most retail short, i think gold is too bullish at the moment to retrace much further. Sell limit: 1939,58 SL: 1924.58 TP: 1923,76
1. Wat zie ik? Dat liquiditeit nog niet helemaal uitgenomen is, en verwacht dat de prijs nog gaat zakken tot in elk geval 1.06380. Vanaf daar wellicht een long positie. Nu nog bearish. 2. Waarom neem ik de trade? Omdat ik verwacht dat er eerst nog meer liquiditeit uitgenomen moet worden. Vanaf 18 Juli 2023 komen we uit een Supply Zone, nu moet deze Demand zone...
Idea for upcoming week After retracement, probably will retrace a little more in this demand area and then shoot up to around 1934.
Looking on the charts, im going to aim for a long position on GBPUSD. On the 4hour chart, previous wicks rejecting more downside as it looks. Also we are in a nice orderblock area and resistance area Going for a buy limit around 1.25785 Stoploss: 1.25451 (just below the last longest 4h previous wick) TP1: 1.27089 TP2: 1.28650 TP3: 1.29090 If it would fall below...
Waiting what price will do in this area(green box) before entering trade. Breaking resistance at 1.07670, will be a sell order with a 30-40 pips stoploss, otherwise, if it goes to supply/order block around 1.08813 area, ill will place an sell order there with SL around 1.09000
Today was a good day again to test the strenght of the US dollar, which remained strong. Red folder news was good for USD. The DXY Index was also very strong today. Looking at the US30 chart, 4H timeframe. I marked this zone it keeps coming back to in purple(resistance/counter zone). All the way to the left some bullish imbalance(start of the zone). After...
From this zone, im thinking it will probably continue to rise to 35646, since we are still in a bullish trend and did not breakout below the current zone(purple box). From 35646 i will think about a short position again
Breaking resistance and this zone at 1940, im going long again. Entry 1940.06 SL: 1937.06 TP1: 1947.65 TP2: 1958.01 TP3: 1976.65 Lets see how this plays out
Gold being rejected 4 times already in the 1980's area. I think on monday we will see a small upward movement to the 1971's area, before heading back down again. TP1: 1958, TP2 1954, if it doesn't hold there, i think will drop to around 1932, from where i will place a buy order.