Currently Cadjpy is at it's final point of demand and we are currently monitoring price as it is to retest this demand area for a buy into 92.00 area.
Currently looking to buy from the last valid point of supply. Note US30 is still overall bearish and this is a counter trend trade so be careful on the lot sizes. Remember you can always ask your questions, it is all bout swing trading.
Currently athletes the red zone market has been holding demand with characteristics of bullish movement indicating a change of momentum from bearish sentiment. We look to buy from this zone
Simple supply and demand with swing order block concept for more confirmation.
Having seen USDCAD rally from our bullish demand zone without retest it further implies that price seeks to gather enough momentum from the supply zone in order to retest the bullish demand zone or consequently sweep that zone for new demand areas so we will be looking to short from the supply area.
Currently CHF has lost momentum to the upside showing more bearish confirmation by violating bullish demand zones so we look to sell from this area at the moment
Possible long imminent for a big short in future.. US 30 is currently holding demand at the red zone area so I will be buying from this area of demand.
Re-entry after seeing price maintain the demand zone.
Just simple support and resistance levels look left
We are in a bullish scenario on all watchlist pairs this week. Goodluck US30 retracement imminent!