J-Wright

J-Wright

EN has rallied into a daily demand level and there nearest supply is a long down. We have a big profit zone following the gap up so if we get confirmation, there could be short trade.

J-Wright

Price is heading towards demand on the daily chart. If it continues with only red candles, I'll be looking for a bounce.

J-Wright

Price has engulfed demand on the daily and the path is clear below with only green candles. We could have a short on here

J-Wright

We have a demand level on the daily chart and price is heading towards it. If price continues with a series of red candles only. I'll monitor PA for a reversal

J-Wright

Price has already left the supply level but there could be more in it as there's no demand till much further down. If there's confirmation on a lower time frame we could ride this one down.

J-Wright

Price has rallied strong from daily and weekly demand. Price could fall from this demand but I still see room for it to move much higher. If anything. price could retrace before engulfing to the upside

J-Wright

Price is falling from weekly supply and heading to daily demand. Looking for a reversal on return if price continues with red candles.

J-Wright

Price has already bounced from demand and we get past this little trouble spot we could see price continue to rally

J-Wright

Price has engulfed supply on the daily chart and we have demand below. If price drops down with red candles only then we could have a long with reversal PA

J-Wright

A demand level on the daily chart has been engulfed and there's lots of room below for price to fall indicated by the clear green candles. I'll be looking for confirmation by a further engulf on the lower time frames.

J-Wright

Price has hit daily supply and made a move south already. There are clear green candles down below showing great profit potential so price could travel a few hundred pips from here. Price action on the smaller time frames will show the way.

J-Wright

Price has returned to a demand level on the daily chart with clear red candles indicating that there may be little to stop price should it rally up from demand. I'll be waiting to see if we get an engulf on the H1 chart before looking for an entry. The dollar index is at a similar level as you would expect with this pair