the5erstrading

the5erstrading

As we can see the AUDCHF price has formed a fresh supply above. This supply is a great level to sell position as a daytrade position. if we look at the H1 chart we can see that if the price will react to the supply it will complete a bearish Head & Shoulders. The target will be the support below.

the5erstrading

In the long terms like H4 chart, the price reaches a supply zone, In the 15M chart, we can see above the supply which is a great level for intraday sell position. Below, we can see the demand level which can be the target for the sell position and also a great level for intraday buy position.

the5erstrading

As we can see on H1 chart, it seems the price on its way to reaching the supply above, This fresh supply is a great one for sell position as a short term trade. The support below will be the target.

the5erstrading

The SPX500 has reached a new record last week. The price has a significant divergence with the MACD indicator which indicates for a reversal opportunity. If the price will breakout the support below it will be the right signal to look for a price action setup to sell the SPX500 index. The demand at the bottom will be the target for this position.

the5erstrading

As we can see on H1 time frame chart, the price created a new fresh demand below. This fresh demand also changed the momentum from bearish to bullish, I'll buy at this demand on the first touch of the price, the target will be the resistance above.

the5erstrading

As we can see in the D1 chart the price creating a symmetric triangle pattern. If the price will breakout toward down it indicates the price tends to reach the demand below and I'll look to sell. If the price will break toward up I'll look to buy GBP/JPY.

the5erstrading

The supply above is a critical level since it's the one that changed the recent bullish momentum to bearish. It indicates a strong supply and therefore I'll sell at this supply on the first touch of the price. The target will be the demand below.

the5erstrading

USOIL price is between two critical levels which are great for day trading. The demand below seems like a great level for buy position and the supply above seems like a great level for sell position. We should be aware of the OPEC outlook released on Tuesday.

the5erstrading

In the H1 chart, there is RSI divergence which indicates the buyers losing power. Above us there is a fresh supply. The confluence between the RSI divergence and the supply is a great setup to sell the DAX index.

the5erstrading

On the H1 chart for Gold, we can see the price creates an incomplete Head & Shoulders pattern. Below, there is great demand for buy position, I'll buy at this demand and if this demand will react and the Price turns up from there, it will complete the entire pattern.

the5erstrading

As we can see the price creates a fresh demand at the end of the past week. This demand is also a Quasimodo level. In addition, we can see the MACD divergence. That cofluence of MACD divergence and fresh demand (Quasimodo) creates a great setup for buy position. The entry-level will be the demand below and the target will be the resistance above.

the5erstrading

BTC/USD price is in bearish momentum. The current support is holding the price for the last three weeks. If the price will break this support I'll look for a price action setup for sell position. If the price will move up to the supply above I'll sell there at the first touch.

the5erstrading

GBP/USD price is after a nice rally, as we can see there is a CCI divergence which indicates a possibility of reversal opportunity coming soon. The support zone below is the confirmation zone, if the price will breakout this support I'll look for price action for sell position. The target will be the demand below.

the5erstrading

GBP/USD is in amazing rally for the last 10 days, For now, I prefer to look for a reversal signal. If the price will breakout the support below it will be the signal for changing momentum to bearish, In that case, I'll look for a price action setup to sell GBP/USD. In addition, there is a significant MACD divergence which indicates the buyers running out of...

the5erstrading

As we can see on the H1 chart the GBP/AUD is between two critical levels. The supply above is a great level to sell GBP/AUD and the demand below is a great level to buy. BTW - if the price will break out the demand below it will tend to reach the demand at the bottom. In that case, we can look for a sell position until the price will reach the demand at the bottom.

the5erstrading

As we can see on the M30 chart, below there is a fresh demand, It is a great level for short term buy position, It's only for the short term since on the higher time frames the momentum is bearish.

the5erstrading

GBP/JPY has a significant rally in the past few days which changes the momentum to bullish. Therefore, as a long term forex trader, I'll to buy GBP/JPY, In the M30 chart, there is a CCI divergence confluence with a fresh demand, that create a great setup to buy. If the price will breakout this demand I'll look to buy again in the lower demand which we can see on...

the5erstrading

On the H1 time frame, the DAX seems to be bullish, But if we take a look at the higher time frame we can see it is only a technical correction. The fresh supply above is confluence with Fibonacci 61.8% which creates a powerful setup to sell the DAX index. I'll sell at the moment the price will touch the supply. The target will be 11.700 zones.