Weekly: Bullish
Daily: Bullish
Zone: Demand Zone @ 119.4 - 119.9
Pivot Point: 118.865
Type of Trade: Continuation
TP: 118.564
Weekly shows a strong bullish movement over the months. For daily, we have a new lower low after a while. With the lower low, I choose to think it as a pullback to test the Demand Zone and the coupled Monthly Pivot Point.
With the long...
Weekly: Bearish
Daily: Bearish
Zone: Supply Zone @ 0.918 - 0.915
Pivot Point: 0.91677
Type of Trade: Continuation
TP: 0.888 level
With a bearish trend for weekly and daily, this is a pullback in price, which tests a small Supply Zone coupled with a Monthly Pivot Point.
A long bearish candle after the testing of the zone could indicate a good selling pressure,...
I've changed my layout as such - to differentiate between my strategies. Also, those who share this strategy will be aligned as to what I'm discussing too.
Will follow this format from now onwards.
Weekly: UP
Daily: UP
Zone: Supply Zone
Pivot Point: 1.31355
Type of trade: COUNTERTREND
TP: To prev weekly low
Weekly trend has been bullish for the last few months....
Long term weekly trend is bearish, hence bearish structure for years.
Daily candles has been bullish for last few months.
Price testing Supply Zone with Pivot Point @ 1.086 area
A good bearish candle for confirmation needed.
With recent weekly trend up and daily trend up, a move up to test Supply Zone possible.
Price testing at Demand Zone with Pivot Point at 1.565 area
Waiting for Bullish Candle for confirmation.
Long term weekly trend is bearish and price is testing this trend.
Daily trend has been up.
Price tested Supply Zone and PP and long term bearish structure at 1.313 area.
Riding to prev low.
Long term weekly trend is bearish, but price has closed above bearish structure.
Daily trend is bullish.
Price testing Supply Zone and PP at 0.72 area.
Riding price till it tests long term bearish structure.
Long term weekly trend is bearish, but structure was recently broken in the recent rally.
Daily price action is bullish for the last few months.
Price testing Supply Zone and PP @ 0.958 area
Confirmation with RED candle
Weekly trend is bearish long term with price breaking the structure currently. Buying pressure seems to be exhausting.
Daily trend is bullish for a few months.
Price currently testing Supply Zone w Pivot Point @ 76 area
Confirmation upon bearish candle
Long term weekly trend is bearish, but price close above bearish structure in daily candle.
Daily trend has been up for last few months.
Price testing at Supply zone and PP @ 1.91 area.
Confirmation of bullish candle.
Riding to prev daily swing low
Long term weekly trend shows bullish, while daily trends shows bearish, since april.
Testing demand zone w pp @ 1.3384
~1.78r
extra: if it tests bearish structure, it will be 1R only, but if it breaks, potentially a good move up.
Long term weekly trend was bullish, with long-term term structure broken and tested at ~0.98, indicating a change in trend.
However, take note of ranging for 3 years.
Daily trend has been bearish.
Prices are testing at Demand Zone and PP @ 0.923 area.
Upon confirmation of Bullish Candle, i expect countertrend move up to test Bearish Structure.
