Clean chart is all you need to see the big picture!
If you back Things out a bit to Daily Chart there is a Nice looking supply zone sitting a nudge ahead of were price has been lately. We currently are sitting in lower timeframe consolidation. Look out for one last push to this supply area before any sort of major change in Direction. Look for shorting opportunities in this zone w/ s/l buffer above top of zone...
We have some hourly consolidation still going on, not trying to diddle in the middle. Will look for Test of supply Area to Jump in to the newly formed down hill slide :) -XclusiveDad Trading-
Thank you for checking out my Trade Idea on this Pair! Very Strong Supply Zone on Hourly Time Frame Set S/L Just above swing High and Target One is @ 1:1 Target Two is roughly 2:1 for now will be adjusted after TP1 is Acheived Follow me if you are interested in more Trade Set-ups Using my Supply/Demand Price Action Zoning -XclusiveDad Trading-
Looking at Area of Supply to hop on too Train Heading South of the Border We are Currently Sitting in Area of Supply on Daily Chart just waiting anxiously to continue the Trend No Tweeting Mr. Trump!!! **XclusiveDad Trading**
The Pound has been Pounded lately"No Pun Intended lol" due to Brexit uncertainty and all that BUT.... This long overdue, overextended bull run up For Euro I believe is finally gonna meet a few bully zones up ahead as these are outlined in my chart. Will look for some sort of confirmation into these zones but if they hold up could be some Nice Profits to downside ...
Small Time Frame Demand Looking to capture Profits if Triggered in a Nice little area before Next big Swissy Supply Zone :) **XclusiveDad Trading**
Nice Area of Supply on 1HR chart Look to Take off Profit in Areas Below
Good area of recent supply on 15min chart Could see a false break from Triangle formation up to area of supply then downward momentum to pick up steam again at that point A nice potential 2:1 Possibly more if RSI stays between 40-60 upon zone entry meaning good probability price can break even further to fresh lows :) Let me know what you guys think
Multi tested 4-Hour Demand Area being put to the test again. Kiwi holding on for dear life around this .6500 level. Dollar strength has me worried this level will potentially break soon Your guys thoughts are welcome
Look for bounce off of Sell Area straight down to area of Demand.
Possible consolidation Triangle Breakout to resume upside movement. OANDA:EURGBP
Buyers Clearly rejected at a strong Supply Area also while previously had established a nice Demand Area Below. Could Possible see Price Test these Area's a few times before continuing uptrend or Reversal in Trend.