Hi Traders,The price has broken down the previous SUPPORT structure and is pointing down to the next down structure level. The 20 and 50 SMA is confirming the downtrend. I am predicting a retest at 103.70's before going short with two targets. Happy trading
TCT = Trend continuation TRADE LOOK FOR CHART FOR A BETTER DESCRIPTION
Hi Traders, Nice opportunity to get long where the price is reacting to a strong structure area : - Daily demand zone - Forming a nice double bottom - RSI oversold - RSI bullish divergence Four conditions that increases my potential positive expectancy in this trade Happy trading
Hi Traders, Nice area to watch for a long opportunity. The price is entering the Daily demand zone, again with strong momentum to the downside attracting the price like a magnet (zone of high liquidity). The RSI is also in the oversold area. Note also the confluence with the AB=CD move, the green box is my entry zone with my stop below the daily demand zone (big...
Nice area to watch for a short opportunity where the price is attracted like a magnet through a high liquidity zone i.e the Daily supply zone. The strong momentum is giving us the clue that this area could be a turning point. We can also see the confluence with an advance CYPHER Pattern adding more weight to the potential of the reversal zone. Happy trading
Hi traders, Price has broken to the downside and is likely to test the 0.618 fibonacci retracement (Daily), I am anticipating a retracement back to the previous support that became now resistance to get a better short entry price. I will also watch the RSI for an oversold condition to confirm the analysis. Happy trading
Nice area to watch for a long opportunity. The price is approaching the Daily demand zone, the strong momentum to the downside is giving us some clues on the area acting like a magnet (zone of high liquidity). The RSI is already over extended I will watch carefully this area Happy trading
Nice area to watch for a short opportunity where the price is attracted like a magnet through a high liquidity zone i.e the Daily supply zone. The strong momentum is giving us the clue that this area could be a turning point
Nice area to watch for a long opportunity. The price is entering the Daily demand zone, again strong momentum to the downside attracting the price like a magnet (zone of high liquidity). The RSI is also entering its extended area High risk reward on this trade with an entry on H1. Happy trading
See the chart for full description
For traders that like to trade pattern here is an example with a combination of a supply zone & an advance gartley pattern. The bias is short on a Daily supply area. The price is coming back to this area like a magnet showing the orders/liquidity available. Three entry choices depending on the trading style (H1; H4 or Gartley pattern). Note also the RSI...
Nice opportunity with a short bias on a Daily supply area. The price is coming back to this area like a magnet showing the orders/liquidity available. Two entry choices depending on the trading style. Happy trading
Nice area to look for a short opportunity. The price is entering on a daily supply zone with the RSI approaching the extended area with a very nice confluence with a Gartley Pattern adding more confident in the opportunity. Happy trading
Hi traders, Nice area to look for a long opportunity. The price has massively entered a demand zone and is showing sign of weakness on its bearish move. Two choice for entering this trade depending on the risk profile. Note also the nice confluence with the 78.6 Fibonacci retracement and RSI extension. Happy trading
Hi Traders, Area to watch where the EUR/USD will start to play. The price started to kiss the supply zone and is showing us its intention to test this zone and specifically giving us some clues on the liquidity available in this area that has attracted the price like a magnet (more SELL orders needed to clear big institution's order book ?...) I will be watching...
Nice area to watch for a short entry within a Daily suppply area using a top down analysis for my entry (H4 supply zone). As I always said, the massive move that occurs right before the supply zone is giving us some clues on the attractiveness of the zone i.e liquidity area acting like a magnet. Note the RSI entering the extended area and a decent...
Nice area o watch for a short opportunity. The price is entering the Daily supply zone, again strong momentum to the upside attracting the market like a magnet (zone of high liquidity). Decent risk reward on this trade. Happy trading
Nice area to watch for a long opportunity. The price is entering the Daily demand zone, again strong momentum to the downside attracting the price like a magnet (zone of high liquidity). Decent risk reward on this trade with an entry on H1. Happy trading