cpointfx

cpointfx

looking at selling opportunities at the moment which will be accelerated by the increase in DXY value to the HTF swing low area marked on the chart.

cpointfx

GBP/ZAR Daily chart We currently trading at previous year low price area and current holding swing low area @ 22. 47286, This price area has not been tested before by price and it is the low of the HTF consolidation phase price is within. Now we need to consider the prices of GOLD as they greatly affect the strength of the rand. The rand has a positive relation...

cpointfx

We are looking at sell opportunities targeting the recently broken higher time frame swing high level, an acceleration in price to be expected towards this level as break and test retail traders will be opening buy positions to push price to the upside. We are selling against the late buyers given that the DXY is gaining strength and the drop in Gold price is...

cpointfx

Looking at taking buying opportunities at the current price range targeting the HTF swing high price area.

cpointfx

scale in for more buys and target the recent swing high for intra day and hold for swing trading. Let us take advantage of the current rally in indices.

cpointfx

Every retail trader has this setup ready, will it be a profitable one or not? Given that the DXY drops from the current daily supply area price has a high propability to make a rally in GOLD target the HTF swing high.

cpointfx

Price is consolidating around the daily supply area, before the consolidation took place price was in an uptrend on the LTF’s. We are looking for a break and close above range as price is an uptrend targeting the all-time swing high at 20 795.1.

cpointfx

DXY 1h chart Price is expected to make a pull back to the downside targeting at least 50% of the rally before making any bullish move. It must be noted that on HTF price is in a downtrend and this rally is taken as a pullback to daily supply area and we can see a leak of buying momentum kicking in area this supply area. Looking for selling opportunities at the moment.

cpointfx

Looking at closing the week with a weak DXY given that price fails to trade above the Daily swing area, marked in price. This weakness will be rise to the Indices especially the Us30 index. this is a short term trade idea.

cpointfx

High risk sell trade set up as the DXY is rallying we want to see Gold dropping hard.

cpointfx

DXY 4H chart Price has made a break above our consolidation high which is our signal that the LTF is bullish and looking to target the 101.905 price level our HTF swing high area. We are to look for any buying opportunities area the 101.016 which is the broken structural price area.

cpointfx

DXY H4 chart Price is in a LTF consolidation phase and it is located in between the broken LTF swing low at 100.538. This consolidation is signalling to us that buyers entering the market as we closed the trading week rejecting the lows. We will wait for price to break to either the upside or downside and take the required action then but for now we WAIT!!!

02:27

cpointfx

We are in a strong bullish market and this set up is counter the trend making it a high risk trade. The stock market is giving go numbers and the DXY is extremly weak therefore this set up is for short term purposes.

cpointfx

We are tested the retail methods if they really do work as this is a perfect text book set up to the downside. we have price breaking several structural levels which signal the bearish pressure within the market. We now wait for price to retest the recently broken level which will be used are our entry zone targeting the lows.

cpointfx

NASDAQ 100 We are looking for selling opportunities at this daily and 4 hour supply, should price trade above this current swing high it will invalidate our setup and further rally to be expected. We are targeting the 4 hour swing low price as this set up is counter the current market trend. We have a large number of buying pressure in the market as we received...

cpointfx

S&P 500 Price is in an uptrend which is taken as a pullback of price to the recent swing high at 5 653 which formed our swing low at 5 392.3. It must be noted that price returned to this daily supply area within 30 days and we see a reversal candle close which spiked the all-time high and closed back within the supply area. A close above this swing high will...

cpointfx

Taking a quick sclap of price dropping targeting the recent swing low as marked above.

cpointfx

DXY H1 Price is in a down trend which recently broken below a price structure at 101.366 we are going to use this area as our key price during the NY session for any sell opportunities give that price retest this level. A price gap is seen which has been tested and respected by price and we are going to monitor price action area the gap expecting a spike in price...