This is a great oppoturnity for sell for AUDUSD pair. The price currently hitting the daily Supply Zone and returning to the downside. However, maybe little retracement to the m15 supply zone may occur. The bearish formation may occur at least until they meet the m15 demand zone. This zone still not too strong for fully bullish chart. My opinion is it will go...
From M15 tf, we see the price breakout from previous demand zone. Price currently retesting the demand zone which currently become swap zone. If the retesting succeed, price may bearish until it reach the next snd zone. If the price break from the swap zone, we can focus on H1 supply zone and find oppoturnity for sell.
USD may getting stronger as the price currently hitting strong demand zone. As we know, NFP result was great for currency. But we cannot take this for overall USD pair. Take fundamental analysis for trading too for other pair. But for now, the price may bear until it hit demand zone for bullish. I currently trading eurusd sell for now.
We can see sell oppoturnity here. As the price making previous m15 supply zone, it can be focus point for selling there as retracement from current price. It may also hit new supply zone for bearish trend. If the price keep bullish, h1 supply zone may be hit point for price to go bearish. Anyways, Im currently order sell position now as scalping on m15 may valid.
Price may retrace to swap zone. Older H1 Supply currently been swapped to demand zone. Bullish trend may occur after retest demand zone.
Currently on H1 Timeframe we can see rally-base-drop form. This form making supply zone. The price may go bearish until meet the demand zone. Moreover, on H4 we can see bearish candle engulfing. We may put sell order, which its stoploss slightly above the supply zone and put takeprofit on the demand zone. This is a good setup as small stoploss zone but big takeprofit zone.
We see demand zone after the chart making rally-base-rally setup. Price currently retest the demand zone and may continue uptrend. The previous trend also bullish making the enchancement technique valid to this setup.
The price currently break out from support trendline on daily timeframe. We want to see retracement but may not occur as it already break out. So, XXXUSD MAY BULL, USDXXX MAY BEAR. Depends on analysis and fundamental too.
We currently wait for bearish candle engulfing on 4H timeframe to confirm downtrend. Price may also retrace to 1.08599 and continue to bear. If obvious retracement occur, then the price may retrace at smaller timeframe and continue to bear. 2 possibilites but 1 direction !
USDJPY may go downtrend after consolidate. Small retracement may make the price bullish and hit the upper box of the consolidation zone. Price was making lowest low on 101.175, indicating selling signal for current price. Then, the price goes bull until it reach the resistance area of 111.711 to 112.257. Price then go low until it reach the support zone, making...
AUDUSD pair may continue its downtrend after the pair just completed a rising wedge on their downtrend. The price just breakout from rising wedges but we still finding retracement to 0.64441 to support our ideas which is bearish trend. On top of that, the price may also start the bearish trend once hit the resistance zone which on 0.64004. As USD currently...
GBPUSD been breaking support in the daily timeframe. Currently, it show retracement in daily timeframe. Price has been bullish and breaking through 0.382 fibonacci retracement and retest the area before continue long until meet the resistance area on 1.26531 - 1.25776, which was still below 0.618 but on the 0.5 fibo retracement. Currently, price break the 0.5 fibo...
EURUSD may continue its bearish trend after completed a breakout on daily penant bearishly. The price currently keep breaking support on smaller timeframe, which support the idea of bearish in EURUSD. Moreover, the 50EMA still under the 100EMA and 200EMA, currently showing us that the bearish trend was still on the move. It may show retracement as stochastic...