We are currently seeing a rejection of the NZD's strength around the weekly supply zone and consequently the CHF is gaining momentum to push price further to the downside as we have seen from our hourly supply zone.
We have seen a clear bullish structure which has remained strong from last week and we can now see price slowly retracing into the POIs and we will be looking to buy from either one of the to complete the last leg of the ABC wave.
We have seen a clear change of character on the price of this metal and we are looking to see the demand zone of 24.700 area hold while price skyrockets up to 27.00 price area
Currently we are buying GU giving the previous analysis on the GU its clear that market has taken a bullish sentiment and created the first impulsive leg to the upside and we can see GBP strengthening in a few more days to come.
As I mentioned earlier on AUDJPY we are in a correlation zone of supply which has given off a strong rejection to price and I am currently selling from the 50% level of the HTF supply zone and we are looking to see price go lower.
we have seen a correlation of supply zones across the JPY pairs and we have decide to take a small risk on AUDJPY having seen a LTF BOS and a HTF order block we will see if this plays out.
In General we have see a strong demand zone hold through out this week and now we have confirmed the zone with a significant impulsive leg which indicates market direction to the upside, going forward we also have spotted two key hourly demand zones from where price could move up from cheers! I hope this helps alot of you out there and don't forget to follow...
AUDCHD has shown a nice supply zone retest and held within the supply zone on HTF now we have seen a very clear and valid IMPULSIVE BEARISH LEG which has given us a second reason for a short. On the 15mins timeframe we saw that price has tapped into the supply zone given that we look to see a more stronger CHF by next week. We look to see if price will fall to the...
We are still clearly in the supply zone and we can see price is still respecting it and we have see a clear bearish breaker on the lower time frame though its a high risk trade because haven't seen a very clear BOS n the HTF but we look to sell from here.
We are currently seeing a bearish impulse forming from a very good supply zone on the US30 and also it has come into our discounted price area for a nice sell off. We could see proce going all the way down to clear previous swing high liquidity
this is the last possible scenario I see for this pair, having left so many unmitigated OBs and imbalance on the retracement.
HELLO! Guys US30 is still playing out massively So Silver has been very bullish in the past weeks and currently we can see supply pushing price into a bearish character from one of the weekly supply zones now currently we are looking for short positions for silver till the supply zone is broken.
So this evening we saw a new bullish structure formation and we are already in. So consequently there has been a shift of market structure and we are looking to see the market go higher breaking the previous daily high. Cheers!
Currently on the USDCHF we can see supply holding price around the 0.94500 area and we have see a clear bearish structure on the lower time frames which has informed our bias to the downside so we will be shorting this pair to the equal lows below i.e. the daily low.
Recently AUDCAD has been playing hard to get we saw a clear bearish struct on the AUDCAD and set limits on the most likely last point of supply but on getting there price rejected that zone which leaves a bullish impression and we are currently looking buy this trade all the way to the previous daily high.
As we can see GJ is still bearish on the daily and we have seen how price has rallied up to see if it can tap into the supply zone above before a sell off.
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Yesterday we saw the price of ethereum come into our last point of supply and I was a bit unsure whether to hold the trade after taking it, coming into mid day today I saw a clear bearish Lower timeframe confirmation on the 5 mins and 1 min giving the indication that market will likely sell of from that zone and as you can see the trade is still valid and the zone...