Long on 4h IMBALANCE ZONE It has room to reach W supply zone
Previous USDJPY trade was marvelous possible RE-ENTRY if you took profit on the first one !/3 risk reward ratio as usual
Supply in control Looking at shorts. the NFP may be messing with our plan later. So let's see So far order is still pending
Opposing supply has been taken out by a Rally base Rally on GBPUSD. we have a LONG possibility on this fresh 4H demand zone
Upon the vretest of 38.2 or 50% FIB retracement zones we may have a Long entry targeting the -27.2% FIB
Retail traders have been SHORT all this time and now they started taking their losses. That would mean that Institutional traders may be taking some of their profits on their LONGS which would take price a little lower for the short/medium term Possible SHORT on EURUSD - Weekly supply imbalance in control
1M supply is in play Long term short possible upon fresh W supply formed
COT report on GBPCAD: 20K net long non-commercial traders -18K net short commercial traders supporting our long scenario for the moment.
D1 demand zone within W demand zone 2 target long
Looking at the CFTC COT report we can notice that institutions have large long exposure and when that has been seen in the past, Take profit on long positions happened. The main trade with a 1/1 target has been triggered on M chart. Once demand zones will be taken out on lower time frames I will be adding to my position off D1 and 4H fresh supply zones.
Weekly supply out of the way. Possibility for a move higher targeting W/M supply
Price reacting to W supply zone. May retrace to D1 demand zone. Potential 3/1 trade
2 trades scenario. Note: Countertrend trade. I will take this trade only because I opened the first one and already banked half. So its a no risk trade for me. Because its a CT trend and the bigger picture is going short on Higher time frame zones (Weekly SZ) i wouldnt take it if I didnt take the first one. First trade already closed half at 2/1 and brought...
ONLY IF TRADE SCENARIO ONLY IF: D1 trendline and D1 supply are broken and price retraces to D1 demand I will have a BUY pending order.
D1 demand zone upon trendline break PENDING ORDER LONG ONLY IF price does not break this D1 zone and retraces to D1 demand lower PENDING ORDER set
Strong D1 institutional supply filled in Took this with a 0.2% risk since i focus on long term only and keep it to 1% risk trades mostly. Nonetheless for day and swing traders this one was a lovely trade
Weekly supply taken out Monthly is up Weekly is up D1 is down Looking for LONGS on D1 fresh demand zones OR D1 demand WITHIN Weekly Fresh Demand zones Trade 1: D1 chart Entry: NOW at market price SL: 1.19422 (Below D1 fresh demand) TP: 1.51964 Trade 2: D1 chart Entry Below @ Weekly and D1 demand zones pending order @ 1.48474 SL: 1.47179 TP: 1.51964
US 10 YR CASH BOND - USB10YUSD potential LONG on 3m and m demand MONTHLY CHART: