Drw1994

Drw1994

Looking at a buy setup for eurgbp

Drw1994

On the chart above we can see a downward move has been broken, we are looking to re enter a sell trade in one of the 3 red zones above, the lightest shade is daily zone, medium is 4Hr zone and the darkest being 1Hr zone(we hope to enter here). There is an area of interest before that though but due to the engulfing not being a strong stand out on in the daily...

Drw1994

As you can see from the chart above price has broken an upward move and is now retracing, i have identified 2 areas which are confusing me as do when to enter, should i look for entry at 1 or hold out to area 2 which is also the origin area of the last upward push? any advice is greatly appreciated

Drw1994

keeping it simple, price is generally on an upward trend. On the 4hr chart above we see that trend line broken, price now dropping to retrace to a demand area confluenced with the 0.5 fib level, before looking to go long there Let me know if you agree

Drw1994

Break of upward trend, price looks to retrace to a zone which shares 0.618 area before going long again

Drw1994

Looking at a retest to a zone sharing the 0.618 area on the fib before continuing the down trend

Drw1994

looking for a sell entry upon the retest of supply level

Drw1994

AUDUSD buy, anyone else agree?

Drw1994

Having used a line chart to identify daily supply and demand areas, price is retracing to the highlighted area before continuing general upward movement

Drw1994

Simple analysis, black line is daily uptrend we see price push through a supply zone and now retesting, hoping to then continue in an upward motion

Drw1994

NzdJpy is in a general upward trend as demonstrated with my 3 trendines, with that in mind, price has broke through a supply zone which is not a demand zone, price retesting this zone in confluence with the aggressive upward trend and engulfing candlesticks within the zone we can only conclude that price will continue upwards for 139 pips

Drw1994

Price on a downtrend on daily, price looks to be retracing to retest minor supply zone (yellow zone) then continue downward

Drw1994

CADJPY BUY!!

Drw1994

From the chart on the weekly time frame you see price entering a resistance/supply zone in which price from the past has dramatically rejected (Black lines) Dropping to the Daily time frame the area within the Lime Green lines is the daily supply zone which has not be retested from before the previous rejection, this therefore is an entry to look into for an entry...

Drw1994

First supply zone broken and price now heading to next supply zone which shares 0.618 fib level and cross over of both trend lines

Drw1994

From the chart shown, the blue line at the top is a trend line from the 2 previous highest points on the daily chart, price is currently on an upward trend/motion heading towards that overall trend line. The supply zone between 67.2 - 67.4 has broken through which now turns to a demand zone, from looking at the stoch indicator we see the lines cross over...

Drw1994

Here we see price on an upward direction towards what is a very strong 4HR Supply Zone, price has already bounced off the daily Supply zone and now heading downward generally, so we are looking at simply a retest and drop :)

Drw1994

Looking like a retest of the 0.5 retracement(which is also a daily supply zone) then continue downward