Zone
DECISION ZONE & UPTREND SUPPORTS IDENTIFIED -DASSAULT DSY- DAILYThank you for you likes and shares! Much Appreciated!
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DSY DASSAULT SYSTEMES price have been bouncing several times on the pink decision zone. It is probably the best level for entry/exit in this market.
The blue uptrend line have experienced a strong pullback on it marking an amazing triangle with several elastic effects resulting in a break up above the decision zone.
Another shadowed uptrend line have found its existence and the market could use this invisible line to test again a rebound on it.
This chart helps to see this market in a simpler and uncommon way enhancing the logic behind price movements.
EURAUD RUNNING TRADEDo your own analysis ...
Dont Forget Moving StopLoss At Breakeven
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
EUR/CHF - Short Took this short a few nights ago. Just took off 1 position at 120 pips and now waiting to see how far the other one will run.
Swing trading is a MUST have skill in my opinion, especially at a time like this with so much global uncertanty.
If you want to learn how i trade, please drop me a message on here or on Instagram: saxonpooley!
(I currently have a 50% offer on my 1:1 video coaching)
GBPUSD potential bearish reversalon DAILY: GBPUSD is sitting inside a resistance zone so we will be looking for objective sell setups on lower timeframes.
on M30: price formed an objective trendline in red and we are still waiting for a candle close below its last swing to sell.
we also have a bearish regular divergence on MACD adding more confluence to our sell setup.
meanwhile, GBPUSD would be overall bullish, until an objective sell setup is activated.
EURSGD potential bearish reversalon DAILY: EURSGD is sitting around a resistance zone in blue so we will be looking for objective sell setups on lower timeframes.
unless price breaks it upward aggressively, then a bullish movement till our next resistance in purple would be expected.
on H1: this pair formed an objective trendline in red, and it is now forming a double top pattern.
So we are waiting for a momentum candle close below our last swing that forms around our red trendline to sell EURSGD.
meanwhile, EURSGD would be overall bullish.
EURNZD approaching an oversold areaon DAILY: EURNZD is approaching a strong support/resistance zone in blue so we will be looking for objective buy setups on lower timeframes.
on M30: this pair is still overall bearish making lower lows and lower highs, and it is now forming a trendline (not valid yet).
so we are waiting for a third swing to form around it to consider it objective and enter on its break upward.
NZD/USDso my technical indicator is moving average 100,moving average 200 and technical tool is horizontal tine and trend line
over all down trend NZD/USD 21 jun 17 but 26 mar 20 to until today have not momentum daily analazy bounce in supple demand zone whatever waiting for breakdown up trend or downtrend
GBPJPY IDEA.Do your own analysis ...
Dont Forget Moving StopLoss At Breakeven
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Long Ucad pending buy limit placed (new york session 5/20/20) at (1.38900)
stop loss: 1.38392 (-50 pips)
TP1: (1.40100) (+120 pips)
Final Target: 1.40900) (+200 pips)
Demand Zone: (1.3900-3855)
Resistance zone:1.411
R:R:R= 4/1
Confirmations:
1. current price is in demand zone and has withheld as level of support since the beginning of april. level has been tested three prior times and has had strong bullish momentum pushes as result.
2.price has formed a 1h (hourly time frame) support within the demand zone with several clear rejections to the downside where bears have tried to push down but are being immediately rejected by the bulls.
3. Current market conditions is a ranging market with a strong bullish moves from price levels when withheld as support and with rejection levels being show entry around current price allows entry for structural stop loss below Aprils lows.