UnknownUnicorn2505651
GBP is getting weak and bulls are unable to take control being a demand zone so tested. I consider price is looking for cheaper prices.
Potential Buy! Minimum Risk / High Reward. If price keeps going down will invalidate the reversal pattern.
Fresh Demand Level near panic zone and PPZ Confluence.
There is a triangle near the supply zone if the price breaks through the support of this triangle we can place our sell order at the retest of the support now resistance.
Price reacting very nice at the demand level. In fact it has been unable to create more lower lows. Technically buyers are taking control.
Wait for the retest of the support will then be resistance and place your sell entry to have a safer trade.
Price is creating a reversal pattern (double top) in H4 near the supply zone I would wait for the support to be broken and I would place my sell entry at the retest of resistance (previously support) If this does not happen I would not place my order.
Daily and H4 Supply - The weekly chart indicates this pair is creating it's downtrend. Look for a reversal pattern and enter at the retest to short this pair. If there's no reversal pattern there's no trade.
Price is at a supply level, this level has been broken in the past therefore I consider this as "weak supply" However, I do like the strong movement and how the price left that level before, it makes me think we might have a new opportunity. I would wait for a clear reversal pattern such as: Double Top, shoulder head shoulder to place my sell entry taking profit...
Price hitting Fresh Demand Level let´s buy!
IF/When price breaks the resistance wait for the price to come back and place your buy entry looking for the supply level above.
Price is getting close to a Fresh Supply Level, let's wait for a pattern reversal in either of two levels so we can short this pair.
Buy this pair as the price has a lot of momentum and is trying to look for supply
If price breaks that support (hoping for an engulfing bar) we might look for shorts at the retest of the support.
UC is at Fresh Supply Level look for your best set up to short it.
Precio cerca de una zona de Oferta Fresca esperamos un patrón de reversa y caiga hasta la zona de Demanda en H4