Supply Zone is ready at 112.103 ~ 112.443 As price fails to return back to zone, it has a higher probability that now it will fill up the zone. This week we can expect a bullish USDJPY towards those levels before it drops again. Then we look for short again. Have a great Monday ahead guys Cheers!
Looking at the structure of USDCAD, it is currently in Downtrend Momentum, where price produced Low, Lower Highs and Lower Lows. As we can relate to co-relation pairs, if we observe OIL, there's a GAP of 85 to 90 per barrel. It's climbing higher to cover the GAPS. Fundamental expectation on WEDNESDAY 5th SEPTEMBER: The CAD will raise interest rates higher by 25...
1:4, Supply zone located on top + SNR + Compression
What's up guys, it's another week of Clear Divergence. As we can see, Daily Timeframe showing a clear divergence of the rsi 14, and the Key Levels between 1.3750 and 1.3600 as the Resistance Zone. Fundamental Analaysis: The Britain increases their rates, with 9-0-0 votings and 25 basis points to 0.75% last Thursday, We are expecting a Strong GBP through the month...
PRICE HITS Doji Supply Zone + M formation Short
Price previously breakout from the Triangle, Goes lower towards -1.272 to -1.382 Fib projection where price is now extremely cheaper to be bought. Price keeps rejecting where it has now compressed in a triangle. Head & Shoulder is expected, as price shall move higher towards Key Levels ( 1.20489 - 1.20055 ) Infact when you Pull the Fib from HIGHEST POINT to...
Price is in Triangle Compression, While on the short-term, Price is retesting the Breakout Zone, to Fill the sell limit orders, and finding High Liquidity at the Demand Zone where Doji is formed on m30 inside the Demand Zone. From there, I shall Buy. Cheers~ @tradentravelfx