QSVentures

QSVentures

A Supply and Demand Zones (both in blue blocks) I just noticed on the AUDJPY 15min chart. One will certainly trigger. I have more faith in the SZ since price broke so many levels to create a reversal, not to mention breaking my green trend line, which was created on the 1h. If price returns to that zone, I expect it to continue the drop. And maybe there are enough...

QSVentures

A Supply Zone and Demand Zone (both blue boxes) I just noticed on the AUDJPY 15min chart. One will certainly trigger. I have more faith in the SZ since price broke so many levels to create a reversal, not to mention breaking my green trend line, which was created on the 1h. If price returns to that zone, I expect it to continue the drop. And maybe there are enough...

QSVentures

Scratch my previous post about the #AUDUSD short. I notice a better supply level (green) just above it for a weekly income with an entry of about 0.72481. #forex

QSVentures

Here is a setup I have for a supply zone (green) on the 60 min chart.

QSVentures Updated 

I'm speculating that the price on the EURCAD will drop from this SUPPLY ZONE found on the 5m for at least a 1:2.79 RR. Also, there is a divergence developing with the RSI in relation to price. A Euro report will be announced at 4 AM Eastern Time but it is a low impact report that doesn't concern me.

QSVentures

This will most likely be my last idea for 2018. If the price comes down into this demand zone smoothly, I'm predicting the price to make it's way out of there for a gain of 50 pips to the supply zone above. It may go even further since this area is low on the weekly curve. Happy Holidays, Traders!

QSVentures

I detected a supply zone on the 5-minute chart that seems to be solid with more sellers than buyers. If the price crosses above 112.872, then I believe it will come down for a potential 2:1 reward/risk. But, it has to break below the zone between 112.791 and 112.776 for the risk/reward to be possible.

QSVentures

The orange lines mark off a demand zone I spotted on the 4 hr chart. I believe the price will come into that level and rally up to the supply zone I spotted on the hourly that is blocked with the green lines. I won't be surprised if it goes higher.

QSVentures Updated 

I spotted a drop base drop supply zone on the 15 to 5-minute charts and thought it was a good opportunity for a trade on the 5 min. after seeing that there were more sellers than buyers on the lower time frame. Now, I don't normally go for zones in the middle of a trend. I prefer swing zones. But it looks like a textbook zone that should be considered. So, a...

QSVentures

I spotted this supply zone on the 15-minute with a focus on trading on the 5 min. If enters the 0.72241, I expect the price to come down for at least 20 pips.

QSVentures

Another zone within a zone, one from the 5 minute chart that is inside of the one from the hour chart. This gives me the reason to believe that if the price reaches the zone (above 113.558) it will drop significantly for a potential 3:1 profit margin.

QSVentures

Setup on the 5 min chart, if the price reaches this DEMAND ZONE (1.67728), I expect it to rally despite being in a sideways trend on this 15m chart. On the Daily, it looks to be down trending but that's an extension from last week, and it is deeply OVERSOLD on the RSI. On the 4h chart, it is up trending just off being OVERSOLD on the RSI. The dotted red line is a...

QSVentures

I have reason to believe that if price continues to rally from here, in what is a downtrend judging from the daily chart, it will be overbought in a Supply Zone (lightly brown shaded backdrop) of the weekly (W) chart, and if it retests the hourly (1h) supply zone (grey shaded backdrop zone) then it will drop. How far? I'm guessing substantial since the supply is...

QSVentures

I have reason to believe price will go up some off the double tap of the Weekly Support Zone (brown) with two targets, second one being at the Resistance Zone on the 1 hour.

QSVentures

I have reasons to believe that price will go down to support zone as I mapped out here on the 4 hour chart.

QSVentures

Ford was oversold off the grey MONTHLY zone and will retrace back to the reddish INTRADAY Zone I mapped out for a short countertrend gain.

QSVentures

I believe this could be a Cypher Pattern on the 15 minute chart. the bluish zone was identified and drawn on the 15 minute as well. The green zone is from the hour. It is downtrending on the DAILY. It's not a lot of pips but if it works out, it is still a profit depending on what you risk.

QSVentures

Price broke out of the descending triangle on the downside but retraced back into the triangle. However, it is downtrending on the DAILY. So, I expect the price to break back through the support line of the descending triangle and continue bearish at least 30 pips for the first target.