Staton_mil
AAPL, on the daily time frame, has moved closer to demand. If this rally continues, I'd look to buy. We'll see what 2018 brings.
The EURUSD on the 15-min chart is in a short-term uptrend. I want to be a buyer around the LTF demand area. My target will then be the LTF supply area at 1.17922.
XLP on the 15-minute chart rallied out of its base. If prices reaches the demand zone between 56.04 and 55.97, I'd want to be a buyer.
The USDCHF on the H4 chart has entered a demand zone. Unfilled buy orders have now been filled, and price is projected to move higher.
The EURUSD on the H4 chart is rapidly moving towards a supply zone. If prices reaches this zone, I anticipate more selling will come into play.
The EURCHF daily chart is in a trading range. Moving down to the 4 hour trading time frame, we see a double top has formed at the resistance, and price has moved lower. We are now sitting in a bear flag and waiting for a potential break lower.
The USDSEK daily Forex chart broke out of a trading range last Thursday. Following this move was a slight pullback on Friday. I anticipate a measured move to 8.50828, and then I will reevaluate my position.
There are two likely scenarios for the EURCHF. Either we go lower and complete the head & shoulders pattern, or it is voided and we see price rise. If we complete the head & shoulders, look to enter at the break of the neckline. It is likely that price will try to fill the gap.
There's one short setup on the GBPUSD. Price moved into a very important flip zone area, and we anticipate a move lower. However, a strong momentum move below the MA is much needed first. After that, we'll wait for another move below the minor support level.
NZDUSD has one long setup here. Price has just reached a long-term support level and may go higher after a reversal. Please note, however, price could continue to go lower from here. Also do not jump in too early because we are still far away from the moving average.
There's a short setup here. On the daily chart, price moved into a flip zone area. Also we noticed a Bollinger Band spike, and how candlesticks are getting smaller. What we'll need to see now is a momentum shift downwards, and price break below the support level.
To go short, we are awaiting a trend line break here with momentum.
The AUDUSD 0.27% has two short positions. One is on the daily chart , and the other is a setup on the hourly chart. On the daily chart , we notice a retest after the break below the major support level . Look to enter the trade after price moves away from the minor support area . On the hourly, we are awaiting price to move back into the highs, and then look for...
The AUDUSD 0.27% has two short positions. One is on the daily chart , and the other is a setup on the hourly chart. On the daily chart , we notice a retest after the break below the major support level . Look to enter the trade after price moves away from the minor support area . On the hourly, we are awaiting price to move back into the highs, and then look for...