since the start of january gbpusd is moving on this 250 pips range . im waiting for buys in gbpusd , these 2 demand zones are perfect zones to enter.
Reason to buy Gbpjpy; 1. fresh demand zone 2. we have a broken doubble top so price should retest that level. 3. in higher time frames (daily weekly monthly) GJ is bullish.
gbpusd is bullish and looks over extended. right now price is on supply fresh zone . but price can go to retest the resistance that is a few pips above and from there we can see for sell opportunities with target this demand zone that i have marked in analys.
gbpjpy is bullish in everytime frame . so i will look to buy with target 143.500 that is a daily supply zone . a pull back at fib levels would be good idea to buy. lets see how the market gonna react.
eurnzd is on a downtrend . if price breaks last low on the left we can enter sell on retest with target 1.6800
dxy still bearish . looking only for bearish opportunities with target 89.00
yesterday gold made a bull run, today gold make a pullback to retest the broken zone from yesterday . good oppourtunity to buy with target 1860.00
nzdcad in higher time frames looks over extended. i am waiting for a retracement on this pair. in h1 time frame structure price is making lower highs lower lows. I am sell this pair with target demand zone , 0.9050 zone
eurjpy 1h candel closed above resistance. next target is 125.000 that is a supply zone.
structure looks ready for a lower low price shows rejections @ fib levels golden zone 0.5 -- 0.618
price breaks a key support level , next target is 0.8990 that is a demand zone. we have free traffic on the left too
audusd having struggle to breaks above this weekly resistance, a short oppurtunity is there but first i want to see for confirmation a strong DXY (dollar index) maybe price can bounce to daily fresh supply zone and after can be a waterfall pips. stay tunned
right now gbpusd is showing rejections at this 4h supply zone. after london session i will decide to go sell or no in this pair. because other scenario is that price can bounce on this monthly supply zone and from there can go down
im looking for buys in GJ . but there are 2 scenarios that we will look for 1. buys when price breaks 138.400 that is a resistance level 2. we can see a pullback @ demand zone too that will be a good opoortunity to buy too. 3. Sell scenario if we break above 137.300. There are around 100 pips till fresh demand zone
Simple scenarious. 1. Buys if price breaks above last high 1895.00 2. Sells if we break the support or neckline of Head and shoulder sctructure. I believe more in sell scenario because i am waiting for a strength Dxy next week. *SHARE YOUR IDEA IN COMMENT BELOW*
Looks like dxy is showing rejection to create a new low. price right now is in a strong weekly demand zone. . 2 Scenarios. - Sells below last low on the left. -Buys above resistance 92.600