Finally see an area of reversal to the upside. Entered a Demand Zone, only the direction to go is Long. Happy Hunting.
This analysis is based on what happened last price action on Friday. The only question for when the market opens, would we have a Gap Up/Down situation, that would change the landscape. If so, that gap would have to fill before a clear trend is formed again. Until then, lets wait and see where the market takes us. Happy Hunting.
Just seen Demand zones get destroyed and now back to another Demand zone. Expect an Ascending triangle set up as we bounce on this zone until a stronger trend to the downside happens. Happy Hunting.
Just seen a bounce off a Supply Zone after that big run up, the whole picture is Bullish in nature. Looking for entry near Supply Zone and then a run up to test 2.00 before possibly running up any higher. Until then, allow the market to play out and find your best entry. Happy Hunting.
Now that we are in another major Supply Zone, the only option is down. Even though this is a Shorting opportunity, I am still Bullish for now with the overall picture of things. Overbought area on big charts. Supply Zone = Short is High Probability Happy Hunting.
Was expecting a break through Demand Zone to Short, but it refused to do so, meaning this pattern is still Bullish in nature. Looking for the first pull back close to Demand, then a push to the upside to test previous Resistance Area. I have to give credit to those market makers, they know what they are doing, but at the same time, I'm glad they leave a clear...
Here is another area of Demand being weakened to another possible Short, rejection on 1.9870 area, pushing to go down soon. Happy Hunting.
We just found another Demand Zone, higher than last Demand Zone, which is a good sign to go long. Looking for a pull back close to Demand Zone and then Long Position to Supply Zone. Happy Hunting.
The Market today hasn't been my favorite, Bullish Triangle Pattern move in a very harsh up and down with very little movement until a breakout happens. Just like from previous observed patterns, zones of supply being hit many times will weaken in time and lead to another expansion to the upside. The question is when does it happen, make sure you position on a...
Updating from my last post being there is always a reset about mid day. Looking for a pullback to resistance levels and then back long positiong. Still waiting to see how this plays out in the market, want to make sure we are on the right direction as the market moves. Happy Hunting.
Found an area of strong demand after yesterdays flash, looking to go long close to the 2.01 Zone. Support/Demand @ 1.97 Resistance/Supply @ 2.01 Still Bullish in Nature Until we have a confirmed change in trend, keep playing the bull. Happy Hunting.
Been waiting for a Demand Zone to form and we finally have a guide for the time being. Support @ 1.9893 2HR Moving Average @ 1.9940, price should not dip lower than this for Bullish Continuation Resistance is still to be found around the 2.03 area Happy Hunting.
After that crazy flash that happened, let's get back into it and keep following the smart money. We still have a Bullish direction, unfortunately we were looking for that Short set up, but for the time being, there are always a multitude of great trades still out there for us. So take advantage of the situation when we have clear trend direction. I'm Bullish...
Now that we are in Supply Zone, looking to Short is the only possibility until things change. Supply Zone = Short Position is High Probability Early Short Position if price goes below 1.9779 (will update as time goes) Safe to Hold Short if price goes below 1.9744 (will update as time goes) Waiting for Entry to Short. Until then, let's sit back and wait. Happy Hunting.
Watching the market closely and different patterns that I personally recognize, I know that even though we are looking for a Short Position, if a Supply Zone is being triggered and not enough pull back for a short, there is a strong sign the Supply Zone is going to lead to a break out to the upside. Look to entering on the market open when there is a better entry...
Another Short entry will possibly show up after one more bounce. I wouldn't enter here for a Short unless you are going short for a longer hold. Following close to key areas as time goes being this is my last night of trading before the close. Happy Hunting.
After watching a crazy run to 1.9648 there is finally signals to go short at this point. Resistance @ 1.9648 Pushing away from Supply Zone meaning short position is high probability Most likely to retest 1.9450 if that breaks, we will be looking towards major Demand Zone for next possible move. Until then, will be letting the market play out to key levels to...
Just updating my chart from yesterday, last update the chart went back into a supply zone, this time I noticed how much longer this one had stayed in the supply zone longer than most of the previous zones, a really big drop is around the corner soon. In supply zone, only direction from here is down. Happy Hunting. I have an active short position, will update...