DenisRisticFX

DenisRisticFX Updated 

Price Altitude: Middle Daily Trend: Down 4H Trend: Range Analysis: BTCUSD is currently in a tight range on the 4h timeframe. It is basing high on price altitude (around 75% line). Prediction: Continued range environment with a bias toward more downside should the range break. Price Points of Interest: 4h Supply @ 6446 4h Demand @ 5908 4h Demand @...

DenisRisticFX Updated 

Price Altitude: Middle Daily Trend: Down 4H Trend: Down Analysis: NZDUSD sold off last week and has moved lower in a parabolic fashion without a retrace. In my opinion the pair is over extended and due for a pullback this week. Prediction: Since price hit 25% resistance line, I anticipate a pullback into one of the two highlighted 4H supply zones...

DenisRisticFX Updated 

Price Altitude: High Daily Trend: Range 4H Trend: Uptrend Analysis: USDCAD rallied last week and has now reached a large daily supply level starting @ 1.31550. In the process it has formed demand zones. Since we are in a range on the daily timeframe, it is always advantageous to trade the extremes and ignore the chop in the middle. Prediction: Overall...

DenisRisticFX Updated 

Price Altitude: Middle Daily Trend: Downtrend 4H Trend: Downtrend Analysis: USDJPY has axed its way through a daily demand and removed it only to touch a lower demand zone starting @ 110.606. The approach is grinding-ly awful. Prediction: I am looking for a deeper drop into the daily demand which is now in control for a long into daily supply @...

DenisRisticFX Updated 

Price Altitude: Middle Daily Trend: Down 4H Trend: Down Analysis: GBPJPY has made a parabolic move lower last week and is now sitting in the middle of the price altitude where it has been trading back and forth between the 75% and 25% resistance lines. Wait for a pullback to short with higher timeframe trend. Prediction: I am looking to short this pair...

DenisRisticFX Updated 

Price Altitude: High Daily Trend: Down 4H Trend: Range Analysis: GBPAUD has weakened over the last week and bounced off a tested daily demand to rally (relief) into daily supply. Biased short. Prediction: I will be looking for a further upside move into the distal end of the daily supply and looking for confirmation to short the pair @ 1.75695. Price...

DenisRisticFX Updated 

Price Altitude: Middle/Low Daily Trend: Downtrend 4H Trend: Downtrend Analysis: EURJPY has aggressively dropped without major pullbacks toward the daily demand. Currently it is sitting at 25% resistance line and has touched the overlying nearest supply @ 127.01 Prediction: I will be waiting for a pullback toward either 127.01 4h supply zone or 127.77 4h...

DenisRisticFX

Currently we are in a downtrend on the daily. I have identified 2 areas of potential reversal with entry #2 being preferred as its more fresh than entry #1.

DenisRisticFX Updated 

2 scenarios. Long: If price breaks weekly SZ, there is an area of demand right under the distal end of the WK zone where stops are sitting. This is an excellent opportunity for a counter trend long. Short: If price rallies up from current position there is a DBD 4h SZ sitting just before the daily SZ. If it fails, then look for shorts higher up inside the daily...

DenisRisticFX

Although price is high on weekly price altitude, I am expecting a retrace lower to 1.5557 where i will be looking to go long for a bounce up. The meat of unfilled institutional orders on the supply side doesn't start until daily supply and even then the zone is wicky which is not a sign of strength. Expect a pullback for a move higher which is in line with daily...

DenisRisticFX

Weekly supply has been created and I will be looking to short inside it. Price removed a weekly demand which means we are in a range on weekly. On the daily, price has been retracing back into weekly supply. I have identified 2 RBD supply zones nested inside daily and weekly zones.. Entry #2 is preferred entry.

DenisRisticFX

Since price is high in altitude, and there is a downtrend, its a good idea to join in on the trend down. There are two opportunities available. 1h DBD which is nearer to current price or if that fails, there is a RBD SZ that would be an excellent opportunity to short (near 1.6000) to continue with the impulse move lower.

DenisRisticFX

We are still in a downtrend approaching low on the price altitude with a WK RBR DZ sitting just under. Thee is an opportunity to short one last time CADCHF at supply marked out by #1 for a run toward the WK DZ. the 4h SZ is nested inside daily SZ with a nice imbalance and a removal of opposing demand.

DenisRisticFX

Trend is down with price being in the middle of our altitude on the weekly. Good areas to short would be at 1 & 2 considering price bounced off the daily DZ with a very deep penetration. Final targets would be at the opposing weekly demand starting at 84.57.

DenisRisticFX

Price bounced off tested weekly RBR demand. Looking for retracement into daily DBD supply where a nice 4h RBD supply sits. Looking to short at 1 and or 2. Preference goes to entry #1.

DenisRisticFX

Looking for longs at 1 & 2 (daily demand) for a bounce up to 0.9900.

DenisRisticFX

Looking for longs inside daily time frame demand stacked inside weekly demand. If the rally base rally fails, then I will look to take the drop base rally just under for a bounce up.

DenisRisticFX

GE has been tanking like a rock, removing demand along the way and creating supply zones in their place. The parabolic drop in prices suggests that buy orders are sitting under current price. From supply and demand perspective 17.27 looks interesting as we have a drop base rally demand zone sitting right under current price which could yield a nice area of...