avraamdemetriades

avraamdemetriades Updated 

Merry Christmas to all who celebrate today! Here is a technical mark up as the Euro strengthens. Potential retrace to the 1.18000 area before continuing to a major D1 Demand Zone at the 1.20000! Please do your own analysis before entering the market. *your capital is at risk.

avraamdemetriades

The DXY Index has been weakening, the bearish trend will continue.

avraamdemetriades

Buy orders can be placed at 16.3k if the breakout occurs earlier than expected. If consolidation remains then the orders can also be placed at the 12.1k mark in case we see a retest of the H4 trend! (overall bullish) Good luck and remember that Bitcoin is a constantly appreciating asset, entries are key to proper investing. Please do your own due diligence before...

avraamdemetriades

Watch out for Verge touching $0.30 after rejecting the H1 supply zone.

avraamdemetriades

D1 Demand Zone Hit with RSI levels severely oversold. I expect bullish momentum to continue up towards the 1.30000 area. Trade will be considered invalid if price breaks down past the 1.22000.

avraamdemetriades

CADJPY has finally hit it's D1 supply zone and finished the CD extension of a Bearish Butterfly. Rejection has already began which leaves a fall to the downside as a rather imminent analysis. I will keep a close eye on the CFD index to scan the dollars movement throughout the week.

avraamdemetriades

Following negative US news last week all USDxxx pairs dropped significantly. Aside the slight bearish break back into the previous H4 Channel I am expecting a pull back off of a strong support zone in the 111.70 - 111.00 area. The rejection will create a new bullish trend that will continue up towards the 117.

avraamdemetriades

Stop Loss should be set @ 0.74000-0.74500, if price breaks out the trade will be considered invalid. Bearish momentum should over take and reverse now that we are approaching the D1 supply zone. Happy trading and excuse my lack of posts lately, I've been very busy on the road. Expect to see more of me now that I've settled in the office. Potential 500 pips on this setup.

avraamdemetriades

A beautiful Harmonic Bat pattern has formed on the H4 for NZDJPY. With price currently sitting @ 81.15 I will be looking for short opportunities within the 81.55-81.72 area. If price continues to ascend my stop loss will be placed at the 0.786 Fib @ 81.95 . My final profit target will be at 78.80. Risk to Reward - 80/235 pips 1:3.

avraamdemetriades

Although the Euro was overall bullish this week we have a potential of shorting EURGBP because of GBP strength coming in. Now we see the last leg form to complete the H1 "M" market structure.

avraamdemetriades Updated 

GBPUSD has formed a simple H1 Flag for those who haven't taken notice. Wait for a bullish or bearish breakout on the M15 for a more accurate entry.

avraamdemetriades Updated 

Good morning to all! With my swing trades in place I am looking to have some fun and secure a couple hundred more pips. Entry is within 1.68678 - 1.68450 between the cloud. My stop will be placed 55 pips down @1.67900 if bears reopen their channel. I will be taking partial profits at the 38.2 Fib @ 1.70306, and final profit target under the 61.8 @ 1.72105.

avraamdemetriades Updated 

Here you can see my previous markup of AU that resulted in a cool 300 pips. I think we can do better. Regardless of the current retrace I believe there will be strong price rejection at the 38.2 Fib. If I see any formation of a turn of events I will update everyone with a bearish break down.

avraamdemetriades Updated 

Price Rejection off Daily Pendant @ 1.31573-1.31273. I will be targeting 1.37355 as my final take profit.

avraamdemetriades Updated 

NZDUSD is currently sitting on the Daily 61.8 fib, giving me the opportunity to open a short position. Note how price has failed to break through previous resistance multiple times in an effort to push towards to it's next Supply Zone. The bullish momentum is slowing down, indicated through Fib Retracement and Stochastics being severely overbought. with a...

avraamdemetriades Updated 

Approaching the Daily 61.8 Fib, GBPAUD is in a keen reversal area. In it's overall bearish channel opening we expect to see price turn around in the 1.66683-1.66000 area. I will be targeting 1.73426 as my final take profit level, 700 pips to secure.

avraamdemetriades

After a shift of events in economic news GBPUSD has chosen it's path. Elliot wave and harmonics confirmed for a bearish drop off.

avraamdemetriades

Here is quick markup of AUDCAD before I head downtown for a meeting. If you have any question please feel free to ask as I don't have time to publish a description right now.