jacklynch20

jacklynch20

Update on the previous EURUSD Short, price raised the monthly Supply Zone - the market is also showing bearish confirmation

jacklynch20 Updated 

looking for a bearish channel confirmation

jacklynch20

Two potential positions for this pair, both sell limits

jacklynch20

Update on latest usdcad position! - price moved through the other demand zone to the monthly demand zone. Likely to see a bullish reversal here

jacklynch20

Trading the supply to demand range - keep an eye out for the potential pennant forming

jacklynch20

Trading the supply to demand zone

jacklynch20

Adding a Sell Limit on each of these 3 levels due to the market volatility; as a result, small stop losses are applied

jacklynch20

Weekly demand zone - looking for a bullish reversal after a tough week for NZD

jacklynch20

Potential short

jacklynch20

Trading the range of the current price action. Price has displayed a higher high so if we see a lower low price may exceed the supply zone marked. The USD and indices are all rising regardless of the negative fundamentals including the nfp last week, so we can expect to see a lot of traps over the next coming weeks with the institutional market manipulation...

jacklynch20

Price appears to have entered a range. With a trend forming lower highs supporting this entry. I would look for sells at current price or in the supply zone again if you feel there may be some initial drawback.

jacklynch20

Price action has entered an uptrend. The long term moving average has also made a strong reversal in an upward direction. Can expect to see a rise till at least the large month supply zone before any major support of resistance (depending on fundamental analysis)

jacklynch20

Price appears to have entered a horizontal range, how long this will last is unclear however it is supported by supply and demand zones for now. Would enter a buy limit and s1 and also s2 for two potential price actions. Smaller sl for the first buy limit.

jacklynch20

Analysis provided on the chart.

jacklynch20

Looking into intra-day supply and demand trading. Smaller scales, same concepts. Zones marked out on the chart.

jacklynch20

3 potential entries - have marked each & potential p/l's. First entry applies to a 0.22 lot size. Second entry applies to a 0.25 lot size. Third entry applies to a 0.2 lot size. Looking at minimising risk so small applicable stop losses have been used. I will likely add a sell limit to each entry level . Reason being we can see a demand pattern (rally-base-rally)...

jacklynch20

The risk/reward's refers to if you if you short now vs a sell limit if we see a small rally

jacklynch20

The profit/loss applies to a 0.30 lot size. May be a day or two before I enter this, waiting for the set up to enter its place. Rallying usd indices may strengthen the usd pushing this short.