owlswift_fx

owlswift_fx Updated 

The speed at which Price moved up to 1926 was far more than expected which makes me think Price is trying to make new highs above 1953. Staying in the present, I think Price would relax after so much move up and settle at the demand zones highlighted. I am anticipating Price retracing down to 1917 or 1910 before we see a massive move to the upside 🤞🏽. I cant...

owlswift_fx Updated 

I don't want to spend much time explaining and just move straight to the point. I am using Demand and Supply with Elliott wave for this analysis Look at my previous analysis here From my previous analysis Price completed 5 wave movement which ended @ 1901 as opposed to my projection at 1904, and it has shown a clear rejection at the demand zone highlighted on...

owlswift_fx Updated 

I will be using 3 strategies//concepts to analyze price here Demand and Supply Strategy Price is currently trapped within a demand and a supply region and both regions are currently bouncing Price about but one needs to break in order for Price to continue trending. I favor the demand zone to break because 1. We are currently in a downtrend 2. The rejections...

owlswift_fx Updated 

Price is on a journey to 1985 but at this point I believe it is going to pullback to 1914 because the upward movement from 1885 to 1953 was a steep and fast one. Price has shown weakness on the daily tf and I believe the long awaited pullback is here Reasons to Sell 1. Price has shown clear rejections on the 4hrs supply zone and daily 2. We saw a strong...

owlswift_fx

Price is on a downtrend for a couple of weeks now and it is currently moving up i.e. pulling back to retests supply zones, OB, or broken structures. I am anticipating Price to getting to 1.2585-12592 where I have a supply zone drawn, which is also the 50% Fib retracement level and show a rejection/signs of weakness, which would make me sell for 200+pips. Price...

owlswift_fx Updated 

Price showed a strong bearish movement with the help of the strong NFP result for USD last Friday, and I expect the bearish movement to continue till the 1.0688. Price closed as with a strong bearish presence on daily TF which confirms price intentions for me. On the 4hrs TF, Price is currently within a demand zone which should push Price back up but I haven't...

owlswift_fx Updated 

The image above is my earlier anaylsis on DXY. I was waiting for Price to tap into the demand/support zone which it has done and gotten a rejection, so I am expecting price to push towards 104.45. RIsk Management is advised and put your SL below the demand/support zone I would love to hear your thoughts 🤔 on this, so feel free to leave a comment ✍. Please...

owlswift_fx

Reasons to BUY - Price has shown rejection from the 15mins TF demand zone at 145.72 - London session has taken the Asian liquidity by tapping off the zone and rejecting sharply - DXY showing off strong bull power I expect Price to head towards the last swing high 147.36 with the aid of News during NY session Please keep SL below demand zone, and Risk Management...

owlswift_fx Updated 

Reasons to buy GOLD 1. Price has gotten rejected twice at 1886 2. Yesterday's candle closed as a bullish engulfing candle on a demand level 3. DXY(USD Index) is showing weakness with a bearish reversal signal I am looking forward to seeing GOLD at 1920 before the week runs out with the help of the USD News coming up this week Invalidation If price closes...

owlswift_fx

Price has shown clear rejection at 1904 which is yesterday's high and it has made several attempts to close above it today which were unsuccessful thereby leaving a pinbar on the 1hr TF. Reasons I am selling GOLD 1. Multiple rejection on a zone plus yesterday's high 2. Pinbar on 1hr signifying sell 3. DXY has shown strength since yesterday and it's creating new...

owlswift_fx

4hr supply zone has held, pushed Price downwards and broken the upward trend channel that has contained Price movement since last week. I have a chart pattern which correlates with the current Price movement in play which signifies that we have enough momentum to see 1.2511 today with the help of NY PMI news or probably this week. 3 Points rejection on a 4hrs...

owlswift_fx Updated 

Price is currently trapped between a 4hrs bearish trendline cum supply zone and a bullish order block rejections on the daily TF but I would give the daily TF precedence meaning the hourly bearish trendline cum supply zone would break and Price would fly. Reasons why GU would buy 1. Multiple rejections off an OB on Daily TF 2. Price has been making series of...

owlswift_fx Updated 

Price has been making series of HH and HLs and its clear we are in an uptrend. We saw a clear rejection of Price from 1.2688 and we are heading for 1.2800 early this week, probably before Tuesday. Price has shown some series of swing highs and swing lows which correspond to one of my chart patterns which I showed with an orange path. I am anticipating the...

owlswift_fx Updated 

USD Index has shown a sell signal on the daily, it has shown a shift in market structure to the bearish on 1hr, and also performed a Break of Structure. Currently, Price has shown a sharp rejection with a strong bullish candle which makes be believe Price is heading for the supply/resistance zone at 103.44 before the downtrend resumes. I would advise looking out...

owlswift_fx Updated 

I want to make the chart as clean as possible to I won't be adding details except the sell zone. Price got rejected at the NY Yesterday's High, which also coincides a reversal level on my fib retracement tool and it is currently printing out a reversal pattern which correlates with the daily downtrend. SELL - 1933 - 1930 SL - 1935.69 TP - 1983 I would love to...

owlswift_fx

Price is trending downwards on the daily TF but it is currently consolidating in a range which I believe would give enough momentum for the bearish trend resumption. I anticipate a bullish movement up to 1.2759 which is above 60 pips movement from current level because I have seen multiple rejections at the current zone. I would love to hear your thoughts 🤔, so...

owlswift_fx

Price is currently trending downwards on the daily and pulling back to gain more momentum to the downside, so I believe Price should pullback to 1924-1926 region before we see another continuation to the downside. Price closed as a bullish candle on Friday Daily TF which signals a reversal and we already have a change in market structure(MSS) supporting our...

owlswift_fx

We have been in a downtrend with regular pullbacks and I believe Gold would continue its downtrend today around the region 1921-1923 with the aid of the CPI News coming up during the NY Session. Our overall target is still 1834 but 1903 would be the immediate take target for today or probably for the rest of the week. I would love to hear your thoughts 🤔, feel...