


Waiting for a retest is necessary when we talk about patterns. As you can see in this scenario, the price tried to break the pattern, but it just created fake-outs. Waiting for a retest will save you many stop losses!
WTI was in a pattern, it broke it, it made a retest and it started a new uptrend. Easy and effective.
GBP/JPY was in a bearish trend. As I always suggest to follow the trend, especially in this pair, GBP/JPY broke the demand zone to continue its bearish momentum.
Price was in a bearish trend, it reached the demand zone, it reacted to it and a new bull trend started.
Demand zone touched, reaction and price started a new uptrend.
Gold perfectly rejected 4h demand zone. It took liquidity below the zone and it flew!
The supply zone become a demand zone, swap happened. Price retested it and then it flew.
A healthy trend happens when during a bullish/bearish trend is possible to enter after the breakout and the retest of the resistance/support level.
What an easy trade. EUR/USD is always doing the same movements. Supply zone, rejection to the baseline or liquidity level and then it drops. Easy and effective!
WTI, as every day, was in the middle of a pattern. We waited for a breakout and then we entered easily.
US30 zone to zone. It was in a support zone and it is going straight to a supply zone.
EUR/USD is very easy to trade. Supply zone, liquidity level and then price dropped. Easy and effective.
I always follow the trend with G/J. In this scenario, the price retested a demand zone before pushing to the upside.
US30 was in a double bottom scenario, it made retest and it started a new uptrend.
EUR/USD dropped in a demand zone, it reacted to it and it started a new uptrend. Beautiful!
Gold is always interesting. It is now in a demand zone were I'm expecting price to react and start a new uptrend as it started.
US30 is not easy to trade. You always need to highlight the key levels and then react to the market.