Sufz

Sufz

Not currently in the trade, but would wait for price to touch the supply zone again and show some sort of confirmation (e.g. bearish candlesticks) before taking a short.

Sufz

Can go either way, just watch price action

Sufz

If price comes back to retest the demand zone, a buy opportunity is ready to be taken.

Sufz

If price manages to reach the supply zone again, wait for confirmation before taking the sell opportunity.

Sufz

Possible sell scenario from 2 locations. However, be careful as price may start to rally up before it moves down. Watch price action as price may not go further below this demand zone as it has not been below it since 2016.

Sufz

Possible sell scenario from two locations.

Sufz

Possible scenario for this pair, currently on an uptrend, but the market goes where it wants. Just be prepared.

Sufz

Possible scenario for EURGBP. However, if it breaks above the zones and the orders that are placed where the supply zones are, are broken and retested as a demand zone, then it could turn in to a buy.

Sufz

Sell for GBPJPY from 2 possible locations.

Sufz

Will take then sell if both ascending TLs are broken and we see a retest on the supply zone. The 1.30000 psych level is also on the supply zone, so could also take the sell from 1.30000. The sell will be taken down all the way to the daily demand zone.

Sufz

Not currently looking to take any trade on USDCAD. It has not reached any good zone for me and could potentially just reach the daily supply zone and exhaust out to drop down. However, if it does fall down to the supply zone, there is a possible buy opportunity as it is currently in an uptrend and may just exhaust slightly before rallying back up.

Sufz

Possibility of EURUSD going for a rally up, however, DXY is strong at the moment and has just broken above a descending TL. If DXY continues this rally, this EURUSD may become bearish and fall down.

Sufz

Possible sell on EURUSD at retest of supply zone. Maybe take the sell AT the supply zone instead of below the TL?

Sufz

Possible buy at demand zone and near ascending TL. However, will only take trade if it shows that price wants to continue to rally up - this is due to the LHs forming and not HHs. So be careful as price may want to actually break down and drop. Look for retests on the demand zone and price showing you it wants to rally before taking a long.

Sufz

Possible buy at demand zone on the ascending TL. However, could see a rally up straight away from the demand zone it is at currently.

Sufz

Possible short between 2 fib levels and also a potential drop from the supply zone.

Sufz

A possible short if price comes back to the supply zone. Price has respected the descending TL and the fib level also. The target for the fib level matches perfectly up with the demand zone at the bottom. However, price can be seen to be stepping up, so be prepared for the supply zone and TL to break, for price to start rallying up.

Sufz

Not analysed again fully, just basing this analysis off last weeks and slightly updated.