Buy Limit @ 1.1270 Stop Loss @ 1.1197 Take Profit @ 1.1489
Monthly: Bearish consolidation, supply in control Weekly: Bullish consolidation Daily: Downtrend There's still distance before we get into weekly demand. If this short is not triggered, we should wait till weekly turn into downtrend. Sell Limit @ 0.73500 Stop Loss @ 0.74150 Take Profit @ 0.71550
NZDUSD Monthly: Uptrend Weekly: Uptrend Daily: Downtrend Look for fresh nested zone to go long. Perhaps this one has already missed the entry by a few pips. Buy Limit @ 0.6710 Stop Loss @ 0.6655 Take Profit @ 0.6875
USDJPY: possible short opportunity Monthly: Downtrend Weekly: Downtrend Daily: Downtrend Sell every supply zone on daily. Sell Limit @ 111 Stop Loss @ 112.25 Take Profit @ 107.25
XAUUSD Monthly: Uptrend Weekly: Uptrend Daily: Uptrend Buy every demand zone in daily. Buy Limit @ 1238 Stop Loss @ 1226 Take Profit @ 1274
I should cancel the buy limit order on H4 if it has not been triggered today. Reason: Daily ascending trend line is broken when price is near weekly resistance area. Not a good sign for longs.
This one is a little risky. Don't follow my trade. You are looking at a newbie. : P
Analysis Combination: Monthly - Weekly - Daily Monthly: Downtrend, but inside a non-fresh monthly demand, so no short till demand zone is gone. Weekly: Downtrend, if potential WK supply zone removes opposing WK demand zone, which is also the Monthly demand zone. We should find entry on daily to go short. Daily: Downtrend, Low in the curve.
RBA‘s rate cut and dovish tone has weakened AUD. Dudley's hawkish remark gave USD some strength. The price just came out from monthly supply zone. We are high in the curve. And daily is clearly a downtrend. So short.