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Demand Zone

POSITION TRADING: AUDNZD SELL LIMIT ORDER. TARGET 1.04650TRADE TYPE: SELL LIMIT TRADE DIRECTION: SHORT TIMEFRAME: WEEKLY ENTRY PRICE: 1.10500 STOP LOSS: 1.16000 TAKE PROFIT: 1.04650 RISK TO REWARD: 1:1 ANALYSIS: Price broke the demand zone / support and is likely looking to aim for upcoming demand zone / support. stop loss ideally placed above supply zone / swing high Follow this thread for any future updates regarding this specific trade. CAUTION: Trading outcome is Probability Based and could wipe out your account if risk management and strategy is not followed properly. Cheers
Short
by FX618Analysis
POSITION TRADING: EURUSD BUY LIMIT ORDER. TARGET 1.10500TRADE TYPE: BUY LIMIT ORDER TRADE DIRECTION: LONG TIMEFRAME: WEEKLY ENTRY PRICE: 1.07000 STOP LOSS: 1.03800 TAKE PROFIT: 1.10500 RISK TO REWARD: 1:1 ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone . stop loss ideally placed below swing low. Follow this thread for any future updates regarding this specific trade. CAUTION: Trading Outcome is Probability based and could wipe out your account if risk management and strategy is not followed properly. Cheers
Long
by FX618Analysis
1
POSITION TRADING: EURGBP BUY LIMIT ORDER. TARGET 0.89600TRADE TYPE: BUY LIMIT TRADE DIRECTION: LONG TIMEFRAME: WEEKLY ENTRY PRICE: 0.87100 STOP LOSS: 0.85000 TAKE PROFIT: 0.89600 RISK TO REWARD: 1:1 ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone . stop loss ideally placed below swing low. Follow this thread for any future updates regarding this specific trade. CAUTION: Trading Outcome is Probability based and could wipe out your account if risk management and strategy is not followed properly. Cheers
Long
by FX618Analysis
POSITION TRADING: USDCAD SELL LIMIT ORDER. TARGET 1.30200TRADE TYPE: SELL LIMIT TRADE DIRECTION: SHORT TIMEFRAME: WEEKLY ENTRY PRICE: 1.35400 STOP LOSS: 1.40600 TAKE PROFIT: 1.30200 RISK TO REWARD: 1:1 ANALYSIS: Price broke the demand zone/ support and is likely looking to aim for upcoming demand zone/ support. stop loss ideally placed above supply zone/ swing high Follow this thread for any future updates regarding this specific trade. CAUTION: Trading is a Probability Game and could wipe out your account if risk management and strategy is not followed properly. Cheers
Short
by FX618Analysis
SWING TRADING: LONG USDJPY. TARGET 130.800TRADE TYPE: INSTANT ENTRY TRADE DIRECTION: LONG TIMEFRAME: 4H ENTRY PRICE: 129.400 STOP LOSS: 128.000 TAKE PROFIT: 130.800 RISK TO REWARD: 1:1 ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone . stop loss ideally placed below swing low. Follow this thread for any future updates regarding this specific trade. CAUTION: Trading is a Probability Game and could wipe out your account if risk management and strategy is not followed properly. Cheers
Long
by FX618Analysis
SWING TRADING: SHORT USDCAD. TARGET 1.33900TRADE TYPE: INSTANT ENTRY TRADE DIRECTION: SHORT TIMEFRAME: 4H ENTRY PRICE: 1.34650 STOP LOSS: 1.35370 TAKE PROFIT: 1.33900 RISK TO REWARD: 1:1 ANALYSIS: Price broke the demand zone / support and is likely looking to aim for upcoming demand zone / support. stop loss ideally placed above supply zone / swing high Follow this thread for any future updates regarding this specific trade. CAUTION: Trading is a Probability Game and could wipe out your account if risk management and strategy is not followed properly. Cheers
Short
by FX618Analysis
2
EURUSD isn't turning yetAs most people are looking for eurusd to make a turn back down we keep seeing it rally up not knowing when it will stop but i have an idea of where and thats what i'm gonna share with you today, as you can see on the chart looking at it on the daily we have equal highs wich are attracting price to that supply zone, maybe once they are out we'll be able to start taking sells again, hopefully soon to continue with a bear year for eurusd, i might make another post on macroeconomy and fundamental analisis just to explain why eurusd will be going down this year.
Long
by marcegido03