Position Trade - NAS100 Monthly: - Monthly chart presents a MEGA opportunity to short from the fresh monthly supply zone. Weekly: - To proceed with caution as price has retested the supply zone that holds. Hence to look for SELLS only with confirmation, when price has broken the demand zone near Curve Daily: - Same for Daily Chart; price needs to break the...
Position Trade - EURNZD In the Monthly Chart, - Price reached the Monthly Supply In the Weekly Chart, - I am expecting a fresh sell from the chart since the Supply zone is FRESH In the Daily Chart, - Selling from Daily Supply (1) is higher probability in my opinion No alerts or pending orders are placed as this trader wishes to study this pair to...
Position Trade - CADCHF This pair is challenging to trade due to the candle patterns made in the Monthly Chart. Currently, there is a DOWNTREND in the Monthly. However, to find Daily trades, the price has to create a supply zone. - Waiting for price to do so in the Daily Chart for clean SHORT trades Alert/s have been created in the Daily Chart once...
Position Trade - AUDCAD This is a pair that I would personally study to just observe and see how price will behave as there are no fresh Daily zones to buy from and that is not part of my trading plan. In the Monthly Chart, - Price is reaching Monthly Demand But in the weekly and daily charts, there are no clean zones to buy from. Hence, best to stay away...
SWING TRADE - GBPNZD This is another interesting pair to watch. In Monthly, it has been ranging In Weekly, price has been tested around Jan 2022 Hence, price is again reaching the same supply zone - To watch closely whether price will react again and SHORT opportunities can present itself in lower TFs i.e. Daily and H4
Position Trade - EURJPY In longer term outlook, I am looking for BUY since price breaks historical high in the Monthly Chart In the Monthly Chart, - Strong up-trending candles are formed In the Weekly Chart, - If price exhausts before rallying up again, I am expecting to buy from the Weekly zone (CP) For smaller risks, I am also looking for BUYS in the...
Position Trade - EURUSD EURUSD is reaching FRESH area of Monthly Supply. Could be MEGA opportunities selling all the way down once it happens. In the Monthly Chart, - Price reaching Monthly fresh area of Supply which is a Continuation Demand; nevertheless, it is a strong zone since it pressed the price down from Feb 2022. In the Weekly Chart, - The WK...
Position Trade - EURGBP EURGBP is not a profitable pair to trade due to the distance between the Supply and Demand Zones in the Monthly Chart. However, SHORT opportunities are available for multiple positions for traders to profit from. In the Monthly Chart, - SHORTS are playing out already and the price is in equilibrium. Hence any trades in the WK and...
Swing Trade - EURGBP EURGBP presents MEGA LONG opportunities. Weekly Chart - Price is reaching low curve after so long - Consider selling only if price breaks the zone (in WHITE Box). However, this analysis focuses on the potential BUY trades due to the FRESH area zone in the Weekly chart - Buy at fresh weekly demand zone Daily Chart - Since there...
Position Trade - USDCAD In the Monthly Chart, - Price is reaching again the Supply zone - Although price has been testing it over the years, the Supply zone has been holding. Thus, the price may reach deeper into the zone before dropping again, thereby presenting opportunities in the lower TFs i.e. WK or D1 for SHORTS In the Weekly Chart, - 2 things can...
Position Trade/s - AUDUSD In the Monthly Chart, - Price is reaching again to Monthly Demand - However, the zone is no longer fresh, hence the price may penetrate deeper to find more BUY orders For Trade/s, - Looking for price to reach 2 Demand zones embedded deep within the Monthly Demand Alerts were placed if price reached near the Daily Demand zone/s
Swing Trade/s - NZDCAD In the Weekly Chart, - Weekly Supply is in control and high in the Curve Hence, we look for SHORT trades in the Daily and H4 charts In the Daily Chart, - Find all valid Daily supply zones to enter trade/s - For smaller risks, locate valid H4 supply zones to sell from However, if price breaks Daily Demand zone (that is close to...
Position Trade - US30 Monthly: - Price has reached a multiple-tested supply zone in the Monthly chart - Hence, SHORT opportunities are present as price corrects itself downwards to the Demand zone. Weekly: - There are 3 possibilities where price might move 1) Price might break TL and 1 demand zone and travel to the opposing demand zone; then we can sell from...
Position Trade - USDJPY *Need confirmation Monthly: - 6M, 3M and monthly chart shows that price is continuing to make higher prices As price has broke historical price, any trades for BUYS need confirmation. Going by the trend, price is expected to rebound downwards to demand zone. Therefore, traders can look for confirmation sells before going big on...
Position Trade - USDMXN Monthly: - USDMXN is in a strong downtrend, however it is reaching an UNTESTED DEMAND zone. Hence, I am looking for BUYS in the monthly chart only. Weekly: - Nothing in weekly that are good to buy from Daily: - Nothing in daily that are good to buy from.
Position Trade - GBPUSD Monthly: - Price is overall still trending down but reaching to monthly supply zone again, after it has rebounded from demand zone Consider placing a pending SELL order on the Monthly as the zone is fresh for long-term holding for SELL trades Weekly: -Similarly, as the price is high in the curve (monthly), we would be looking and...
Position Trade - HK50 Monthly: - MN supply is in control, thus we will look for selling opportunities Daily: - A fresh area of supply is found within the monthly supply. Wait for price to retrace to continue to sell
Position Trade - USDJPY In the Monthly Chart, - Price is showing exhaustion after rallying and is in correcting itself back to the Supply zone - Hence, there are aplenty of SHORT opportunities in the lower TFs - Also, if one place a trade from the FRESH MN area, do prepare to hold for a long time. - The chart candles formed are also good and strong ones, compared...