So after Audchf ran the high on 15 mins like i marked on my previous chart, i anticipate a move into the last unmitigated demand zone that caused the break which i marked below.... For a continuation to the upside which is the initial trend...
So the week ended. This is my outlook for Eurusd for next week, maybe Monday or Tuesday, depending on when price gets into my zone.... looking closely at Eurusd, price did leave a punch of liquidity to the left on the 15 mins just below where it closed on Friday after tapping into a supply that closed price downwards... I expect a push into the demand below that...
If you looked at my previous analysis on AUDCHF, you'd see that i took foresaw a buy up to take out the high it just did. Though i missed the buys cause it didn't trigger in at the demand zone i picked out from the many it left. But I'm taking the sells now.....
So price did react off the new zone i marked in my previous chart...... Nfp did wonder for those who took the trade with me.......... Right now, we're taking the sells all the way to take out the 4h demand zone marked in my chart.....
So we're still on the buys to our point of interest. After further analysis , i found another supply zone(a much preferred one)i don't think price would go that high i got a new poi has seen in the charts. but i'd still wait for a confirmation once price gets into that zone before i execute an order......... It's NFP day, Let's trade smart!!
So if you remember my analysis on EURUSD days ago, i did leave a primary and secondary point(supply zones) of views up above which i expected price to reverse into for a proper mitigation. Well, today we're seeing moves heading into those area of interest...On the fundamentals, there's alot NFP would bring in today, im hoping that would cause some major push up.....
So i've been watching AUDCHF for awhile now..... It mitigated my demand zone on the daily time frame days ago for a buy move. Looking at price on my 4 hour, i see stacked liquidity below. I'd love to see price grab each of em liquidity as fuel to push higher...... lets see what the NFP of today comes with,. Looking at my fundamentals, today i see there's a news...
I have a Primary supply. that i have my eyes on.... .I have a Secondary Supply Zone that engineered the break of the demand on the 1 mins time frame. We could see a reprice into this zones for a proper sell. If my secondary zone gets violated, then i know its coming for my primary zone
GPBUSD came into the last supply that failed to hold demand that wasn't mitigated.. Every thing it left yesterday was induced liquidity, which it took out today by tapping into the last supply that failed to hold demand that had now become a breaker block. for the long awaited run to the upside we anticipated
After XAUUSD ran into my weekly,daily amd micro supply zone as indicated by the pink rectangle, On a large time frame we know price is going down aiming towards the liquidity it left below. Dropping into the 15 min,we look for a change of character inside our supply zone indicating the market is ready for a change of trend. Taking our entry on the supply zone that...
I'm posting the laptop version of my previous idea on gold.. Check it out.
After the long rally up into my weekly supply zone,gold did leave lots of liquidity stacked below before rallying up. Mitigating my zone,I expect to see price short down to take out the stacked liquidity below... I'll be shorting for long.
SO after yesterdays run of a 4h high i expect EURUSD to reprice into the zone that caused the break of structure to the upside. I'd expect the low created at point 0.99448 to be induced for a reaction into the origin of the major move upwards. So i'm taking a short into the zone that caused the break.
So after GBPUSD did short for a long time, breaking the previous daily demand zone. I'd expect price to go mitigate the supply zone that broke demand.
After the long run EURUSD made to the downside, breaking the previous demand zone. We'd expect a reprice into the support that broke the demand zone. Looking into the 15 min after the break of the zone, there's a visible change of character for a long into the supply above.
Shorting GBPUSD to take out the weak low that could'nt take out the last high.
Once i see a change of character, i'd drop down to my 1 min to look for the demand that took out the supply to formulate an entry once I find it. So now we wait....
GBPUSD just triggered into my 4 hour demand zone. dropping down to the smaller time frame(15 min) to watch the price action in that zone. I noticed a change of character for a bullish shift. Waited for price to react off the last demand zone that broke structure on the 1 min time frame for an entry for a buy.