There is a high probability that the final destination of this drop is 12.000. The supply above and the one at the top are both great continuation levels, I'll sell at the supply above, and if the price will keep goes up, i'll sell at the One at the top, in both cases the target is 12.000 zone.
Last Friday the GOLD has created a fresh new supply level, it seems That the next demand the price will try to reach is at 1313.00 zone. the supply above can be a great continuation level in order to reach The demand at 1313.00, therefore if the price will back to this supply I'll sell there, and my target will be 1313.00 zones.
At the swing term GBPJPY seems to be bullish, and most likely will stay Bullish until 158.00 zones, if we are looking to join this momentum, the Demands level below are great levels of continuation trade, the target For both will be 158.00 zones,
At the swing term, AUDUSD has just changed from bullish to bearish, The demand below is a level to look for buy position, I would be more Carefully with this buy trade hence the momentum is bearish, the supply Above is a great continuation level for sell position, for the sell position my Target will be the demand below and can keep going to 0.7700 zones.
The supply above us is a great Quasimodo level, since the price broke The last low from the recent uptrend there is a high probability the price Now tends to reach the demand at the bottom, i'll sell at the supply above. My first target will be the demand below, and final target is the demand at the bottom.
I consider this as a day trade opportunity, at the intraday term the AUDUSD seems to be bearish and high probability tends to reach the Support zone below, therefore if the price will retrace to this supply i'll Sell there as a continuation trade, my target will be the support below.
GBPJPY is still bullish and just broke the last high, there is a new fresh Demand below us, and it's a great continuation level, if the price will Back to this level, i'll buy there, and my target will be 157.80 zones.
The NZDJPY seems to be bearish at the swing term, this bearish momentum Start with the supply above us, the price didn't reach his next destination yet, Which is the demand below, therefore if the price will back to the supply above I'll sell there, my final target is the demand below.
Those are the next supply and demand levels for day trade at GBPUSD. It seems the intraday momentum has been changed from bearish to bullish. The demand below is a great level for buy position as a continuation trade, And the supply above is a great level for reversal trade if the price will reach That level.
Those are the next key levels for trade on GBPJPY, we have the supply above as a great level for sell position and the target is the Demand below, the demand below is a great level for buy position to Continue the long-term momentum, and the target is 158.00 zone.
FOREXCOM:USDTRY Over the last 109 days USD/TRY has been forming a rather large triangle. However, over the past 66 days the pair has been trailing down an expanding falling wedge until it bounced off of a strong support zone. It has now completed a classic break-check-go pattern and over the past 3 days has completed a swing low setup (low, lower-low and a...
The USDJPY changed from bearish to bullish momentum, the demand below Is the one that made this change, it's also a Quasimodo level, there is high Probability the price now tends to reach the supply above, therefore if the price Will back to the demand, i'll open buy position, my target will be the supply above.
It seems that the bullish momentum at the GOLD has been changed to Bearish, the supply above us is the one that created this change and a great level to continue the bearish momentum, therefore If the price will back to this supply I'll open sell position there, my first target Is the support zone below, and the final target is the demand at the bottom.
BTCUSD -1.03% fell down into wave (c) a third leg of decline. Wave (c) is a motive wave, so it must be made by five subwaves before even consider that correction is finished. final support zone can be between 8700 level for (A)=(C) and 6800 level towards channel support line and 161,8% Fibo. extension of wave 4.
The supply above us seems like a powerful and fresh one, the price drop From that level very fast, therefore there is high probability that there are More sell orders waiting there, it's also a Quasimodo level, if the price will Back to this level I'll sell there, my first target is the support below, and the Final target is the demand at the bottom.
The GBPUSD seems to be bullish and probably will stay bullish until 1.4200. The demand below us seems like a great level to join that bullish momentum. Therefore if the price will back to this demand i'll buy there, my final target will Be 1.4200 zone.
The supply above us seems a great continuation level for sell position, If the price retrace this supply i'll sell there, my target will be the demand Below, it's a day trade opportunity.
The USDJPY has just turned from bearish to bullish momentum, it seems Now that the price tends to reach the supply above, below us there is a fresh Demand, this demand is a great continuation level, therefore if the price will retrace This demand I'll open buy position there with the supply above as a target.