This is a tested supply zone but a weekly trendline is also ahead the price, my guess is the supply is in control
Once the price has a reaction in the zone I´ll be waiting for a reaction.
Price is testing a weekly trendline pretty near of a weekly supply zone.
SnD Trade. tradingjour.blogspot.com
For NZDCAD analysis for the next days
A possible stop hunt in a weekly supply zone. Yesterday the USDJPY rallied to 112.000. This level was visited around a year ago.
Actually the price break the support. I´ll wait a reaction near 1.41400 where is a weekly and daily demand zone to gone long.
I see a possible capture of traders whom open short positions in that resistence and then blow their SL and the price go down to the fresh demand zone. The demand zone confluence with a Daily and Weekly timeframes and i´ll be waiting a reaction near 1.65000
Snd + stop hunt zone. TF: 1D Entry: 0.67228 R:R: 6.69
Supply and demand analysis with confluence with WW and Orderbook. TF: 1H Entry: 0.68647 R:R: 4.16 Open: 6:00 AM tradingjour.blogspot.com
stop hunt entry, wait for a break of the support and reach demand zone. Entry 1.41500 R: 9.64
Waiting a break of a support to go to fresh demand zones.
One of the most powerfull bullish figures. The green square show the target zone of the price.
proyección de un HcH con apoyo de una potencial OW bajista.
Cuña bajista apoyado en la tendencia y debilidad de la GBP y divergencia en RSI.
Facebook parece ir directo a nuevamente tocar sus máximos históricos.
Una posibilidad de irse largos apoyados en dos figuras, el canal y una cuña alcista muy pronunciada.