


shoaib_s
MArket structre and support / resistance. I believe this will go back up to the monthly key level (black line)
USD CAD long based on market structure on higher time frames alone with supply and demand zone
Taking this trade due to supply and demand strictly
I was trying to get a quick snipe in the previous trade and believed that this trade would go up to the 0.69783 zone. However, that wasn't much of a scalp trade due to the fact I made that analysis looking at higher time frames and it was an unrealistic snipe that resulted in the trade not even being triggered. Now, that I see the supply and demand zones in a...
Trying to get a quick Snipe trade. Market structure is aligning and I believe that this trade will go back to its supply zone before a re-test or break is to occur.
I will enter this trade simply if the price does is able to stay above the resistance line I have drawn on its 3rd re-test and if it is able to break the resistance then I expect the price to go to our supple zone up above.
Continuation from our last USD/CAD trade- support/resistance , market structure, retest, trend line and fib tool
This trade is based on market structure, support/resistance, fib tool lining up along with the downward trend.
supply and demand, market structure, retest, trend line and fib tool
First I will wait for the re-test at the blue dotted line and if the support holds then enter the long position as I see three confluences such as #1 the trend line , #2 market structure aligns well, 3 Fib tool is lining up, #4 we got good enough volume for the bullish push for today.
The price shot down and came to our supply zone. I believe that it will come up to the blue dotted line at the demand zone first to follow the market structure. However, I am waiting for a re-test before I enter this trade at the supply zone
confluences for this trade were market structure, support & resistance, and fib tool
The confluences I am using for this trade inclue: Fib tool, Trend Line, as well as the supply and demand zones. I will wait for this to re-test at the bluse dotted line before I take the trade.
Strong resistance at the blue dotted line I am simple waiting for a 3rd re-test to be done before I enter this position. -- Fib tool -- demand zone established
Strong zupply zone where two rejections had taken place. - This is an over all down trend and I have set my T/P at the strong support zone. -- Confluences: Supply and demand zones // Support and resistance -- re-test rejections (twice) -- Fib tool ---
trend line -- support/resistance -- Fib tool were all implemented as the 3 confluences for this set up
support and resistance --- bullish double bottom pattern forming --- fib tool
Bullish signal due to support zone, Fib tool and market structure. I will wait for re-test in the support range before entering!