XauUsd has closed below 1600 usdXauUsd has closed below 1600$, may be it will change to downtrend
You can wait for going short at supply zone that have price action (bearish engulfing)
Demand_zone
#BTCUSD waiting for going long#BTCUSD has increased many days, and now hit the supply zone, it need to be the pull back
Waiting for going long in long-term
#EURCAD go long for long-term#EURCAD is on the demand zone
It has been breaking and testing the trendline
Go long for long-term
Target in supply zone that has the inside bar
#USDCAD wating for Shorting in the zone having bearish engulfing#USDCAD has broke the trendline
Waiting for shorting in the zone that has bearish engulfing (price action)
EURGBP waiting for going long in long-term#EURGBP broke the trendline
It need to have a pull back before going up in long-term
Waiting for Buying
#GBPUSD waiting for going short#GBPUSD has broke the support trend and hit the demand zone
Waiting for pull back from demand zone and re-test the trendline => Sell limit
Plan as the picture
#EURUSD need for the pull back#EURUSD is in demand zone on daily time_frame
We can buy a bit and target RR = 1:3
Waiting for it
#CADJPY go short now#CADJPY has broke the support zone and finished bearish engulfing last day on supply zone
It's testing the bearish engulfing zone
==> Good entry ==> Go short now
#CHFJPY waiting for going short#CHFJPY has bearish engulfing last day in supply zone => Seller win
Waiting for testing in the berish engulfing zone and going short
It'll break the support trendline and go down
#AUDJPY waiting for going short#AUDJPY has broke the support trendline
It has finished testing by doji pattern on daily time-frame
Waiting for the next testing doji zone on daily time-frame and going short
#NZDJPY waiting for going short#NZDJPY has broke the support trendline
It has finished testing by doji pattern on daily timeframe
Wating for the next testing on doji zone in daily timeframe and going short
#USDJPY reject the previous supply zone#USDJPY has rejected the previous supply zone
Go short
It has finished testing the supply zone that has doji pattern
#EURJPY wating for going short#EURJPY has broke the support trendline
It has finished pull back testing
Wating for the next test in the doji zone and going short
#GBPJPY wating for pull back and go shortStructure : Uptrend
Doji in the zone previous day
Need the pull back and it'll break the support trend
Wating for go short
EURUSD long of demand zoneDate Pair Direction Trade Trend Level Signal Entry
2019-01-12 EURUSD Long With trend Up Demand zone and trendline Pinbar break
AUDUSD long of demand zoneDate Pair Direction Trade Trend Level Signal Entry
2019-01-12 AUDUSD Long With trend Up Demand zone Engulfing break
NZDCHF LONG TRADEOverall the sentiment are bearish based on the bigger timeframe perspective, however looking at the recent correction we have the opportunity to take a short term long positions as we see buyers coming upon the touch of the ascending trendline which align with 50% fibonacci level. look for a low test candle closed before placing long trade._________________________________________________________________________________________________________________________________________
Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Thank you for your support!
LamchiuFX
PETR4 - Attack x Defense AnalysisAs a war game, there are base points to be defended by the owner.
Armies will fight to gain control of these points.
The stronger side takes the base point and attacks the next forward point.
The weak side just try to defend, back to the next base.
The points are the known resistances and supports.
Strength is measured by the result of each action.
Here comes Sun Tzu's knowledge in The Art of War.
GBPUSD SHORT time!At H1 timeframe, we have the potential for GBPUSD to decline. We meet verified supply zones. We can target the demand zone below.
Best Regards,
Don_Hawkish
GOLD CAN FIND STRONG SUPPORT at 1445 areaI speculate that 1445-1429 area on gold represents a significant support/demand area because of the pattern (drop-base-rally). Price is expected to come into the area and trade for a bit before a move to the upside targeting 1520 and probably higher.
CADJPY SHORT TRADECorrection to the previous based after the impulse on 29th Oct 2019 high looks healthy, look to short around the highlighted zone to continue the downside impulse.
_________________________________________________________________________________________________________________________________________
Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Thank you for your support!
LamchiuFX
GBPNZD BUYI'm going for a demand zone on the 1h at 1.9978. As you can see, there are two demand zones but I choose the second one because the first one was tested, even though I prefer it over the second one. There is a good chance that there were still buyers there and it will take off. I don't mind. I rather deal with a mediocre untested zone than a tested great zone. The Daily chart indicates that the pair is sideways and the weekly chart indicates it is low in the curve. Both the hourly demand zones are inside a Daily demand zone, which increases my confidence, along with the relative strength on the Daily that shows the GBP is still king as the strongest of the major currencies versus the NZD being the weakest of the group. My target isn't exactly an opposing supply zone but a resistance level.
