SamGumede

SamGumede

The pair is currently bearish and hopefully, it will go down to get some profits

SamGumede

1. The index looks to retest 1D supply zone 2. After the supply zone has been retested, we anticipate the index to bearish

SamGumede

CONTINUATION OF USDJPY ANALYSIS FROM PREVIOUS ONE 1. Overall, the pair has been bullish and it reached the peak and created a new supply zone and a demand zone and consolidated. 2. The previous demand zone looks like has been broken (further confirmations needed / closing of 4H or D candlestick below the zone) 3. Let let the pair fall, XABCD pattern provides...

SamGumede

1. We see a number of SUPPLY ZONES 2. The pair looks to be bearish long term, however, we look to short the pair and further long until SUPPLY ZONE and short again 3. This setup might be affected by NEWS resulting in spikes it needs proper risk management, better when scalping for better profits.

SamGumede

1. HTF : Has been very bullish 2. LTF : Price retraced to SUPPY ZONE now we are anticpating a drop from the DEMAND ZONE

SamGumede

We are anticipatin the below : 1. Move up from SUPPY ZONE 2. A move down from the DEMAND ZONE

SamGumede

1. HTF : is bullish and we look for long opportunities , however the market is currently bearish (retracement move) 2. LTF : The market is retracing down to the demand zone 3. The price will rally up after the touching the demand zone which is in High Liquidity Zone

SamGumede

HTF: Bearish Trendline was broken, are currently a high liquidity zone from the past LTF: SRF + Base is our retracement level where we anticipate the price to drop further

SamGumede

1. HTF: Broke above a downward trend, retesting support but could not break it. We are the HTF Support Zone also marked on the chart 2. LTF: We are currently on the SUPPLY ZONE, we should have a sell outlook

SamGumede

1. The move comes from HTF support 2. Price to retrace back for buying opportunities 3. H and L of the day are marked, cross over to the H will further confirm the bullish move to the SUPPLY ZONE

SamGumede

1. We have reached the HIGH of the DAY and there is a SUPPLY ZONE 2. SInce we are at the HIGH we are looking for sell opportunities 3. We have CP price action towards our SUPPLY ZONE 4. TP should be at the end of CP

SamGumede

We are at the top, looking to sell 1. Price movement touched supply 2. Followed by a retracement 3. we looking to short the pair

SamGumede

1. HTF: Once it breaks the M strong support zone 2. LTF: Has demand zone on M support

SamGumede Updated 

1. HTF: This Shows the chart broke a long lasted trendline & Grabbed liquidity at M OB 2. LTF: The retracement movement broke the previous SRFlip, the next move should be a bullish impulse after touching the supply zone

SamGumede Updated 

If the idea is respected I will scalp the set-up, looking to strong sell at the demand zone. What is your input? #DocumentingYourTradingIsARoadmapToSuccess #LearningForex #LearningToTrade

SamGumede

What are your thoughts on this trading idea before the market opens? Documenting your trades is a roadmap to success, let's keep on learning!

SamGumede

Many have been said about BTC already and they say it's on sale. The real sale is about to happen .. I would not buy now. what do you think? BITBAY:BTCUSD

SamGumede

The setup has confirmed already with 3drives towards the supply zone that is bearish. Looking to sell and buy at the untapped demand zone,