Buys expected for EU this week. Refer to day analysis for this buy trade. Dxy likely to give us major sells this week which corresponds to buys on EURUSD. There are two main areas to look for buying opportunities on EU (shown on the chart).
Day expected to give a temporary push to the upside before supply takes over and price falls. These sells may originate from our first entry level at Alta order block, but we may clear those highs and grab liquidity first before continuing down (entry 2).
buys from fib 0.6 level. Also major demand level to look for buys
The previous idea for US30 still holds. I will still be looking for buys to the upper supply area for temporary or major sells.I will be looking for minor breaks of structure then a retest of the current demand zone to continue higher. I would prefer to get this entry at my trading session (New York), but if price moves up without me, I will look to take sell...
I will be looking at market reactions at the three marked entry areas in the upcoming week.
I was expecting major sells at the end of last week (thursday and friday), but price broke all my valid supply levels and continued higher. In doing so, market is grabbing major liquidity from the upside. There is on last supply area for price to react to before the entire bias changes to buys/long. This supply area lies within market's previous distribution of...
For the upcoming week (April 23 2023), this is my bias for US30. I will be looking for selling opportunities at the current supply level. The sell position will only be take if I see valid breaks of structure to the downside on the 5 and 15 minute time frames near the supply level. Bear in mind the risk to reward tool you see on my charts are simply to show the...
Price failed to give sell entries on recent post. We have a break of the supply area. i am looking for buying opportunities at the supply turned demand area.
My main objective is to enter sells after the break of the support level price is at. If we get that break, I will enter sells on the retest of the level. If we maintain structure above the support level, we can look for buys to the upper supply level.
I will stick to this broker's (FXCM) price feed. Stops on the previous sells were hit on other brokers' feeds but not on my personal broker (FXCM). I will be using this broker's charts going forward. thank you. The initial sell analysis for US30 remains.
Looking at shorts as price has reached most recent supply level. Looking short to the demand levels below. I have already entered a small position. looking to scale in on retest.
Marked this up earlier but forgot to publish. Watch for sells on gold. Market has rejected the supply zone. Refer to the risk to reward tool for the profit target.
Price pushed above the supply zone temporarily, but moved back below the supply area. Sell opportunities still valid to downside. If we break above supply, we will start looking for buys to the higher supply level.
I hope those that got a chance to view the setup yesterday were able to capitalize on the move. Currently, I am looking at a quick 100 point sell on US30 to close the trading day. I am waiting for price to pull back to the supply zone (pink/red area), then I will go down on the lower timeframes to look for selling opportunities. Good Luck!
market is rejecting a supply zone. continuations of sells- best scenario
Price is at a level of resistance. Trend reversal confirmed on higher TFs. Look for shorting opportunities from Asian session through to London New York session tomorrow on the lower time frames. Continue selling until higher timeframe demand area ($$$)
Bullish momentum is decreasing. Market has reached a strong supply zone on the high time frames. Big sell coming...
Enter @ breakout (long or short). You may wait for a break and retest for extra confirmation.