QSVentures

QSVentures

In this uptrend, I'm looking for price to rally from the demand zone you see in green for at least a 2:1 RR. Price is having trouble breaking the resistance.

QSVentures

If price return to that 5 min supply zone, expect price to drop for at least a 3:1 RR before reaching that 1h demand zone.

QSVentures

Despite the explosion towards the upside, I'm expecting the SUPPLY ZONE to hold and send price down. The RSI has reached another level of being overbought.

QSVentures

I believe price has made a move, breaking out to the downside of this triangle pattern still high in the curve. I spotted two supply zones on the 1-minute chart. So, I will use both for at least a 3:1 RR. But looking at what is ahead, I can probably let it reach that demand zone down there for even more...

QSVentures

Going for a supply zone within the range of a 0.618 on the 15 min. Fib and is high on the curve. But the zone was drawn on the 1 min. A little thin for my taste but they work.

QSVentures

Price broke out of this ascending channel from this supply zone @1.35710. It was slightly tested but you can sell for a solid 2.33:1 RR.

QSVentures

On the 5 minute chart, we have a fresh demand zone in an uptrend happening low on the curve. I'm paying attention to the supply zone there because it may or may not hold. If it does hold, I'm taking profit. If not, then I expect it to go up to the next supply zone.

QSVentures

This is more of a ranging/sideways trend. That plus that stronger dollar, I'm going with the demand zone on the nearest swing low. Don't be fooled by the downward momentum.

QSVentures

This SUPPLY ZONE on the 4 hour chart of the AUDJPY looks like it has potential. It broke below the previous low suggesting an intention to go down. Price already entered but I don't believe it is finished with the zone yet. With the pair ranging similarly to the many other Yen currency pairs, I believe that this is a setup worth look at for a shorting opportunity.

QSVentures

This zone looks better than my previous one on the CADJPY. It has everything I looking for except trend. It is sideways. So, I'm at the extremes with this supply zone for a possible 3:1.

QSVentures

I'm not exactly thrilled about this SUPPLY ZONE. There was too much time spent there. But it is with the trend on the DAILY chart, a downtrend, and the CAD is weakest of the big 8 currencies while the JPY is strongest. It may take a while but I expect price to drop for a while for a possible 3:1 on the 4 hour chart.

QSVentures

I'm not thrilled about this setup but as I said in my previous published post, the AUSSIE might be losing strength for a big drop soon as the Aussie ETF shows price leaving a quality supply zone. And since the Yen ETF shows it rallying, I believe price on the AUDJPY will drop as it enters this 4hr zone. But as you can see, I'm setting up for the smaller sz inside...

QSVentures

Now, this zone may have been slightly tested off of the leg-out candle. But because the Aussie ETF shows price reaching a quality supply zone, I believe most if not all Aussie base Forex pairs will drop while Aussie quote pairs will rally.

QSVentures

I expect a drop in this downtrend from a great supply zone that I see on the 5 minute chart. I wanted to post the previous rally you see that I was in but it happened to fast. Of course, I have to take profit to get in the supply zone for the sell. And since the rally was off of a demand zone I got in on, that demand zone isn't going to stop the drop and I expect...

QSVentures

The previous upward trend could on the verge of reversing for the downtrend. At the point on the 5-minute chart, price broke the previous low, putting the currency pair in a sideways trend, giving me a reason to believe price will drop more for at least a 1:1, maybe more.

QSVentures

It's in a downtrend. So, I expect price to drop from the supply zone.

QSVentures

The relative strength of both the USD and JPY are strong. But the Yen is stronger, which encourages me to look for a shorting opportunity with this pair. Plus, it will still be in a downtrend once price reaches the zone... Or at least it would be going sideways/ranging. The trading timeframe is actually 5 minutes. But to publish, I have to show it on the 15 min. I...

QSVentures

The USDCAD started a downtrend. The previous supply zone gave a 6:1 RR drop. I expect the drop to continue off the second supply zone, paying attention to Target 1.