On NZDCHF we have a bullish structure that broke a supply zone at 0.5480 and is now at 54.90 where the price is continuing to bounce on a new supply zone. The price has made false highs on this zone and within this supply, it has made a demand zone that I used to open a long trade with a target RR of 1:4. Let me know what you think. Happy trading to...
On this exchange, we can see a fairly congested market. My idea is that the price may return to the demand zone next week, predicting a stronger yen at the expense of the dollar, which has been losing ground for weeks now. However, the price could also violate the supply zone. Let me know what you think. Happy Trading to all. Forex408 Trading Academy
On this pair, I have noticed that the price, after a bullish run, has started to bounce on a demand zone that has been present since March. My goal will be to wait for a price retracement within a mini supply zone that I have highlighted in red called POI and then set a short trade. Let me know what you think. Have a nice trading! Forex48 Academy
Good morning guys, On EUR/JPY, we have a bullish daily trend. According to my view, the price could retrace to the 148.300 area, where I have identified a POI zone. This will be my area of interest in which I will look for a short trade. Let me know in the comments what you think. Happy trading to everyone! Forex48 Academy
On GBP/NZD, we have a bullish trend. The market has formed a demand zone where the price has created false breakouts, and where I have identified a point of interest (POI). At that point, I will wait for a price retracement for a potential long trade. Let me know what you think in the comments. Happy trading, everyone.
I have an open long trade on gold with a target of 2011. At the moment, my view is neutral. We have a price that is testing a small supply zone multiple times on an hourly chart. Above this zone, there is a larger one that I will use as a basis to look for a setup for either a long or short trade. Let me know in the comments what you think. Good trading to all.
On NZDCHF, I have identified a supply zone in which the price has bounced multiple times without breaking through. As the price went down, it created a demand zone which it used as a support level. In fact, the price has been ranging during the past week. Today, I noticed a break of the lows within the demand zone, so I will proceed to use this zone as a potential...
On this currency pair, I have identified a supply zone that caused the price to drop drastically to the 0.903 area, where the price created two demand zones. The first one that was generated was subsequently broken, and this will be used as a possible entry point if the price creates a setup for a short trade. Let me know what you think in the comments. Happy...
I have marked two zones on EURNZD, one of supply and one of demand. My analysis focuses on the second one, as I have noticed some spikes, which are false price breaks in this area. The goal will be to look for an entry for a long trade. Let me know in the comments what you think. Happy trading to everyone, bye.
In EURNZD, a very strong resistance zone has been formed. The price has breached this zone in the last few hours, creating a small supply that, according to the strategy I use, I will use as an entry point for a short trade. Let me know your thoughts in the comments. Happy trading to everyone, bye.
In GBP/JPY there is a supply since December. I used this supply to look for a potential entry point. I opened a short position this morning with a 1:8 risk-reward ratio target. Let me know in the comments what you think. Happy trading everyone.
In USD/CAD we have a supply that was broken this morning. The price hit my stop loss in the previous short trade. However, subsequently it created a demand that allowed me to enter a long position. Risk-reward ratio is 1:6. Let me know what you think in the comments. Have a nice Trading, Bye!
On this exchange, we have an excellent supply zone with spikes that the price has generated, resulting in false breakouts. I entered a short position with a target of 1.5. Let me know what you think. Happy trading, bye.
In this chart, I have identified two areas, a supply and a demand zone, which I have previously used to close a long trade. Within the supply zone, there is another area of interest that, depending on the strategy applied, will be used as a starting point for a long trade. Let me know your thoughts in the comments. Happy trading, bye.
On this pair, I have identified a supply zone and a demand zone. The objective will be to find an entry point within the supply zone to open a short trade. If the price, instead, were to break the supply zone, I will look for a bullish setup. Let me know what you think in the comments. Have a nice trading!
On this exchange, we have a market that shows a price in a congestion phase. In my analysis, I have identified a very important demand zone where the price has produced two spikes, validating the zone. Within this demand zone, I have marked another one. The strategy in question involves using the latter as an entry point. Let me know what you think in the...
On this exchange, I have identified a very strong supply zone. The price has bounced off this zone four times, and the last two times it has produced spikes that have confirmed the zone. As soon as the price created another supply zone within the main one, I waited for the price to bounce at that point before opening a short trade. Let me know what you think in...
On CAD/JPY, there is a great long opportunity. I have identified a demand zone in which the price has made a spike, effectively validating the zone in question. Following my strategy, I will open a long trade targeting the level 100 with a risk-reward ratio of 1:4. Let me know what you think in the comments. Have a nice trading week!