Look to short if it goes offered below 2753.50 or if the a.m. open is below 2753.50 and goes offered below the open. Minor support is at 2734-2734.50 Offers below 2734 shouyld take it much lower. RIDE THE WAVE! Long if it goes bid above 2762 or if the a.m. open is above 2753.50 and goes bid above the open. Minor resistance 2785-2787.25 Bids above 2787.25 should...
Wait for price to get in or near the zone. Sell the Aug 17 50-55 bear call spread. Minimum premium for spread – 0.50.
Wait for price to get in or near the zone. Sell the August 45-50 bear call spread. Minimum premium for spread – 0.50. IV is low but there is sufficient premium for this strategy. We expect the supply zone to hold price below the short strike. Close if stop is met based on stock price. Close any short units for 0.05 or spreads for 0.10. If the premium falls to...
Continued uptrend since the beginning of June when price reached HTF demand. We are now inside HTF supply and will most likely see some LH's and LL's, which is a bearish signal for us. If that's the case, then we would be wanting to go short in that supply zone. When it comes down and touches the trendline once more, we might see some further movement up, or the...
Price is almost HTC and we have a 4hr supply matching with our trendline and resistance. Good short opportunity
4hr demand level + trendline + ascending triangle (some may disagree; bullish sign)
Looking to see if the weekly demand level will hold at 1.31, where we have a 4hr demand zone from ages and a recent 1hr demand zone which was a reaction of it. If price breaks through 1.31 then we have more room to the 1.29 region where our next 4hr demand levels are. If that is not the case, then now is the beginning of an uptrend where we could see price soon...
GBPJPY: Apologies for the messy chart. I was right with my short prediction last week where over 300 pips were done. We have a non-fresh 4hr demand as well as a 1hr fresh demand zone that price just reacted to right now. Looking to tp at the opposing supply zone around 146, around 100 pips away!
Price just formed a 4hr demand level and it seems there is an ongoing battle between the buyers and sellers with an undecided outcome yet, as can be seen from the several 4hr candles that are sideways in motion. We have more room up to the 1.18 level where we see our next 4hr supply zone.
Approaching HTF and 4hr demand. Against the trend, so might be worth waiting for a trend confirmation
Broke recent trendline, 4hr demand zone formed and price is inside it right now. Possible to do a stop order and TP at the opposing zone or the next trendline
will this be the next godly prediction? stay tuned :P ~bg