Sufz

Sufz

Possible continuation of a drop after retesting on the now supply zone.

Sufz

The pair is currently at a descending trendline and also a supply level. The supply level has failed to break 5 times. Currently, it seems to have also failed to break it as the week has ended with price remaining below the zone. To look for further shorts and a good RRR I would look for it to break the zone directly below price and make a retest on it before it...

Sufz

Possible movement of GBP/AUD. Here we can see that the pair is still inside the ascending channel, and we can see the supply and demand levels that are being respected. Black zone = Daily zone Pink zone = 4hr zone We can also see that the target for the fib retracement for a short lines up nicely with the next demand zone. We also have a possible head and...

Sufz

A lot of manipulation going on with GBP/JPY. As you can see, the zone at the top of the chart is a level that has failed to break on the daily for nearly 300 days now, and 5 attempts. There was a fakeout on the 4hr to gain liquidity, however it only pushed back down. Right now the zones drawn are to help see the levels that it could react to (despite GBPJPY...

Sufz

We may see a reversal and a rally to the supply level above. We can see it has dropped to the demand zone and has made a strong candle upwards. It has also seemed to respect the ascending trendline.

Sufz

These are the main supply and demand zones for the DXY I have drawn out. Currently, the US Dollar Index is at/around the supply level and the descending TL.

Sufz

Possible scenario for USDJPY.

Sufz

Price is bullish and if it pulls back to the demand zone I will take a long to the next supply zone.

Sufz

I expect price to move up as it is in a bullish trend. I will wait before it breaks above the current support zone and retest it before taking a long towards the upper supply zone.

Sufz

Two scenarios.

Sufz

Possible chance of selling now that EURAUD has broken out of the ascending TL and is going for a retest.

Sufz

This pair seems to want to break out of the ascending TL - it looks as if it has become exhausted. I will be watching this pair and will see how it reacts to the ascending TL as it is practically on the TL right now. If it does break out below it, I will be waiting for a retest before taking any shorts.

Sufz

Similar situation with my last post, on EURJPY.

Sufz

This pair has broken the descending TL near the beginning of October. It has nearly been a month and we are still waiting for a HL. I will take a trade on the daily support zone I have drawn, depending on how the market reacts to it. The pair seems to be wanting to start a daily uptrend (it is currently in an uptrend), however I am still waiting for that HL to...

Sufz

Will be watching how this pair reacts to the current level it is at now. The daily candlestick closure on my 4hr support was a hammer candlestick, so I am not biased to any sell currently. However, I will see how price reacts to the support level and if I will be taking any short it will be after a break and retest. Either way, I will be watching this pair until...

Sufz

Two possible scenario's for this pair. Either a continuation after a rebound on descending TL, or a long after a break and retest. I will be watching this pair on the lower TFs (4hr/1hr) to see how it reacts to the descending TL.

Sufz

The possible scenarios now. It is currently in an overall daily downtrend, however it has been descending for quite a while and may start a push back up. Here we are ready to take whichever scenario kicks off...

Sufz

Trade what you see when it reaches the TL.