DenisRisticFX

DenisRisticFX

WEED is in a weekly uptrend with nearest significant weekly demand at 37.19. Buying at current prices is not advised. On the daily, the upward momentum has been broken creating a range. Due to Weekly trend, longs are still favoured at lower prices. Zones of Interest: Demand @ 52.45 Supply @ 65.81

DenisRisticFX

Over the long term Namaste's stock looks bullish, however currently it is in a weekly and daily range. Significant weekly demand resides @ 2.11. Zones of interest: Demand @ 2.00 Supply @ 3.21

DenisRisticFX

ACB's Significant weekly demand @ 8.93. Longs are favoured but not at current price level. Look for pullbacks into weekly demand. Zones of Interest: Demand @ 8.61 and 6.49 Supply @ 14.07.

DenisRisticFX

Significant demand to buy @ 8.94 inside weekly demand. Waiting for this price level to begin positioning for the long term. For now, any buys are counter trend. Zones of Interest: Demand @ 14.07 and 13.64 Supply @ 16.00 and 17.27

DenisRisticFX

Price Altitude: Middle Daily Trend: Range 4H Trend: Down Analysis: Daily supply is in control and it has removed a daily opposing demand. Biased towards the short side. Prediction: Continue moving lower into daily demand. Price Points of Interest: 4H supply inside daily @ 7432.8 4H supply @ 7399.4 4H demand inside daily @ 7217.3 This analysis is...

DenisRisticFX

Price Altitude: High Daily Trend: Down 4H Trend: Range Analysis: daily supply is in control, price is ranging between two daily zones. Prediction: continue to move lower into 4H inside daily demand. Price Points of Interest: 4H demand @ 269.51 4H supply @ 306.40 This analysis is meant to be educational, inspirational and confirming of your own...

DenisRisticFX

Price Altitude: Middle Daily Trend: Down/Range 4H Trend: Up Analysis: daily demand is in control with the current downtrend turning into a range on the daily. Prediction: continue to retrace into 4H demand inside daily. Price Points of Interest: 4H demand inside daily @ 6086.2 4H supply inside daily @ 7001.0 This analysis is meant to be...

DenisRisticFX

Price Altitude: Low Daily Trend: Range 4H Trend: Down Analysis: Price is in an ugly range on the daily with much whipsawing. Only look to trade the extremes of the range. Prediction: Continue ranging until one side breaks the range. Price Points of Interest: 4h Supply @ 1.31532 4h Demand @ 1.30276 This analysis is meant to be educational,...

DenisRisticFX

Price Altitude: Middle Daily Trend: Down 4H Trend: Range Analysis: Price came off an old daily supply (noted in the previous post) and has moved to continue its way lower. Supply side is in control at the moment. Prediction: Continue its way lower due to re-alignment with the daily down trend. Price Points of Interest: 4h Supply @ 111.219 4h...

DenisRisticFX

Price Altitude: Middle Daily Trend: Down 4H Trend: Up Analysis: Price bounced off the 25% resistance line and is retracing upward into two 4h Supply zones to re-align with the higher timeframe down trend. Prediction: Continue the retrace upward. Profit margin for longs is disappearing. Price Points of Interest: 4h Supply @ 0.66646 4h Supply @...

DenisRisticFX

Price Altitude: Middle Daily Trend: Down 4H Trend: Up Analysis: Daily demand is in control with a strong retrace up yielding a 4h uptrend. Note the move up is realigning with the higher timeframe downtrend. Prediction: Continue its way north to realign with higher timeframe supply. Price Points of Interest: 4h Supply inside daily @ 0.74193 4h...

DenisRisticFX

Price Altitude: Middle Daily Trend: Down 4H Trend: Range Analysis: Daily demand is in control. Price bounced off and is slowly grinding its way upward. Expecting much whipsawing. Prediction: The move higher is very choppy and slow. I expect to see a range bound environment until a break higher or lower occurs. Price Points of Interest: 4h Supply...

DenisRisticFX

Price Altitude: Middle Daily Trend: Down 4H Trend: Up Analysis: Daily demand is in control. Price bounced off it and is heading upward to realign with the higher timeframe down trend. Prediction: Continue retracing upward until there is a re-alignment with the higher timeframe downtrend. Price Points of Interest: 4h Supply @ 1.4405 4h Supply @...

DenisRisticFX Updated 

Price Altitude: Low Daily Trend: Down 4H Trend: Down Price Analysis: EUR has weakened considerably against the USD. As a result, demand zones have been removed and supply zones have been created. Anticipated Move: The parabolic move lower suggests to me prices are over extended. The green support line labelled 25% is expected to temporarily stall the...

DenisRisticFX Updated 

Price Altitude: Middle Daily Trend: Down 4H Trend: Down Price Analysis: Just like EURUSD, GBPUSD has weakened considerably against USD. In the process, demand zones have been removed and supply zones have been created. Anticipated Move: Since price is hanging out at the 25% resistance with underlying 4H demand that has been touched @ 1.27256 and...

DenisRisticFX Updated 

Price Altitude: Middle Daily Trend: Down 4H Trend: Down Price Analysis: After being stuck in a large range over the last 2 months, AUD has finally broken down into a downtrend. Anticipated Move: Currently AUD is sitting on top of a 4h demand zone which is typically not a good sign for longs. I anticipatesome chop while sitting on top of the 4h demand @...

DenisRisticFX Updated 

Price Altitude: Middle Daily Trend: Uptrend 4H Trend: Uptrend Analysis: AUD gained significantly against NZD after economic news out of New Zealand last week and price has now reached the weekly supply and lightly touched daily stacked supply to retrace lower forming a 4H supply in the process. Prediction: Due to the parabolic rise in price into higher...

DenisRisticFX Updated 

Price Altitude: Low Daily Trend: Down 4H Trend: Down Analysis: XAUUSD has been sold off again creating supply zones and removing demand zones. Follow the trend after retrace back up. Prediction: Since price is currently low on the price altitude, it is not to our advantage to short at its current position. I would wait for price to retrace back into...