MATIC is currently trading withing a confined trendline and would need to break above this zone to push beyond it's all time high and possibly get beyond $10. we would need to see price move with momentum either from the demand zone or after a break from the supply area
The dollar index is getting close to the weekly support and i would expect a rejection from this zone till a Fibonacci point of 107.95. price could use the fundamental decisions of the possibility of rate cuts the coming year. Entry: 101 stoploss: 99 take profit: 108.50 note: a close below the 100 would see price making an invalidation
The GBPCAD is making a retracement and should revisit the supply area around the 1.7100 before making a drop towards the 1.68500 on intraday trades, while looking from the daily time frame we would be seeing the price moving lower towards the next support level of 1.6200 on a swing position swing/intraday entry: 1.71000 swing stoploss: 1.73900 intraday stoploss:...
the gbpnzd has created a quasimodo pattern and taken out liquidity so we enter our sell take the trade ENTRY:2.0800 STOPLOSS:2.0900 TAKE PROFIT: LET THE MARKET DECIDE
EURNZD broke above the resistance on the daily timeframe and has come to take it's confirmation. we should see price reject from 1.76000 level and take our buy from that zone Entry: 1.7600 Stop loss: 1.7500 Take Profit: 1.82400 Invalidation: below the trendline, close with momentum Scaling plan: add more positions ONLY after the close above the previous...
EURGBP is on a corrective buy, would like to see price head into the 0.86800-0.8700 before we resume the major sells entry- 0.85850 stop loss- 0.85580 take profit- 0.86800
price has created a dominant sell on the weekly timeframe which would get to 0.79700 before possible buyers show up ENTRY: wait for supply zone or after demand breaks stop loss: above the last highs take profits: 0.79700 zone
the USDCHF has fallen below the corrective trendline and now we should expect to see more drops to the higher timeframe demand zone entry: 0.900 &0.89750 stop loss: 0.90300 take profit: 0.88500