EURGBP is at the moment showing massive interest from Sellers, and I haven't seen any interest from buyers showing up. All the temporary strength that showed up was quickly overrun by sellers and the down trend is more and more looking to hold. I am still waiting for the London open to get some more information and see how much selling is going to show up in our...
We are now seeing strength come in on the AUDJPY pair. Still need one more confirmation before entering on a retrace. I would love to see sellers abandoning this pair at it's key levels so we can enter with high probability on a retrace. As usual detailed explanation of the analysis can be seen on Youtube.
Distribution is ongoing. We have now a very good short oppurtunity with entry either in the supply zone or in the Fib zone for the short side. Selling volume has been huge past days and looks like demand zone will not hold this time. We are waiting for a last confirmation of weakness, entry pinpointed on 5M chart
After the good GBP news 09:30 today buyers had a chance to get in again at a cheaper price. Now price is hitting a confluent area of fibonacci, structure and demand. We are waiting for a confirmation of continued strength to enter here. Best to find it on the 5M chart
AUDUSD is sleeping. Supply/Demand zones not respected nicely, and sellers and buyers showing up randomly in different sizes. Best is to keep away from this pair today
We are seeing signs of strength remaining on EURUSD. Resistance zones were sellers are lurking are looking to weaken. We hope to get a retrace to a nice demand area that is also confluent with fibonnaci zone 0.5-0.618 and/or EMA 14/50 to see if selling is drying up and buyers are showing up.
USD/CHF is seeing massive amounts of sellers coming and no more demand (buyers).
VSA Analysis. Volume is showing great signs of strength coming in and weakness almost faded away. Very high probability 3:1 - 5:1 Trade.
Volume shows VERY strong bullish buildup and weakness in the down movements.
Price is showing signs of strength and a smaller Long Oppurtunity might present itself on the Hourly. Please keep in mind that price has to retest the demand area on a NO SUPPLY bar that is valid and confirmed before any entry. If price break thru area we are looking instead for a short oppurtunity on a NO DEMAND bar that retests the same area
Price action analysis of AUD/JPY. Long only valid if retest of demand area show no signs of remaining supply. This is a red, narrowspread candle, with volume lower than the previous two candles happening in the Orange zone. Look then at text candle if criteria was hit. Next candle must be green, closing above no supply candle. Enter on a break of that green...
Everything is explained on the chart, no further explanation needed
Quick short oppurtunity on the USD/JPY pair on the 5M or 15M chart. RSI is negative which is a good sign and MACD shows sign of reversal. A break below the support level is a clear short as we do not have any high volume nodes to stop the price in the way. The target is based on Volume, Fib and Structure so you have a lot of confluence in this area that might push...
No description needed, this is great LONG oppurtunity, with a CUP & HANDLE bullish formation on ZEC/USD 4H Chart on Bitfinex. We have also a nice a bullish flag for 1H Chart. First target 1088-1100$ Next target around 1300-1400 Wait for on open/closed candle outside of handle before going Long
Another newbie friendly analysis. This is a no brainer and a very good Long opportunity as long as price hits D leg and completes Cypher as predicted.
This is ONLY valid IF, and ONLY IF price hits D leg, regardless of time frame (not to obvious of course) When it hits D leg, Complete C.T.S checklist. As of writing it gains 5 points, check RSI and Divergence when price hits. If it hits, go long with all you got. If RSI and Divergence dont give any confirmation, i would recommend a long position with 50% of...
If AB=CD Patterns complete, check rest of the CTS Score and if a 5-6 point score is reached, short 50% of your normal position. Stop loss should be around 10-15 pips above your entry point. Target1: 50% of position at Fib .382 Target2: 50% of position at Fib .618 If Target1 is hit, lower your Stop Loss to your entry level, so you are playing with free money...
Long opportunity at 1.618 level, strong structure support from the past.