Price will drop for a moment and will continue its journey up trend =)
Zoom in to Lower Time frame to find Low Risk Demand entry.
Daily trend still Bullish. There is a very good chance that the price will penetrate Supply level 1 and 2.
Looking for short trade in USDCAD next week =)
The price penetrated the previous supply level and stop by the Fresh Supply level. It's always good to trade with the current trend which is bullish.
Currently AUDJPY is dangling in the demand zone area.
NZDJPY already pierced the weekly supply level. Our task is to find a lower time frame supply level in order to reduce the risk in entering this trade.
Obvious Demand and Supply level in weekly chart for USDCAD.
NZDUSD currently trying to break the supply level. Once broken, i will start searching for demand level in lower Time Frame.
The price was rejected by the Weekly supply thus ending the uptrend movement. My overall trend now will be Bearish. I will focusing on searching another supply level in lower Time Frame. As in Daily Chart, there is an obvious supply level with a very good Risk / Reward.