shidiq

shidiq Updated 

On the H1 chart, I've adopted a bullish outlook, anticipating further upward movement. The next significant supply zone is just over 30 pips from the current price. The 0.618 Fibonacci extension aligns within the supply zone, suggesting potential resistance in that area. I'll be dropping down to M15 to find an entry opportunity and placing a Pending Order to...

shidiq Updated 

Considering a potential short position on AUDCHF if a bearish pinbar forms on the H4 chart. The plan is to use a STOP order on the H1 chart to enter the trade, allowing us to ride the trend lower if it continues, while avoiding execution if the trend doesn't persist. I still anticipate an uptrend for AUDCHF on the larger time frame, so a shift to a buy position...

shidiq

Looking to make a potential quick swing with CAH. Most indicators are bullish. Buy stop order placed preferably above 20-May's candle. A quick swing to $58 with a potential of going to $64. Trade will be invalidated if prices go below $52.

shidiq Updated 

If candle closes bullish tonight or with a bullish pinbar , a buy order will be placed tomorrow. Expecting price to face some resistance in the blue zone area hence would be a good TP area too. All indicators showing bullish signs with prices moving above both SMAs .

shidiq

Looking to Short at H4 CPSZ which has confluence with Pivot and 50% of the ERC. Waiting confirmation of rejection at Pivot.

shidiq Updated 

As we recently had a successful 100pip run credit to our member in PH, EURGBP has now entered a key level where we can expect some selling happening here. With the right catalyst from the upcoming news event, we can then expect price to move faster in our favour. For now, entry is based on our rules. To Investribe members, refer to your Weekly chart in MT4 to...

shidiq Updated 

Last year October, we had a transfer of control from Demand to Supply. As of last month, we had another continuation downward move from it's SZCP, creating a lower high which indicates a confirmation of the downtrend. Price has continued to break our trendline and is currently being rejected on the current pivot. In addition to that, it has also invalidated the...

shidiq Updated 

Price currently in CP DZ. It could either be rejected here or in the DZ further below. Awaiting confirmation.

shidiq Updated 

Since the change of control to supply happened about 2 weeks ago, we had a sharp drop where most us from Investribe managed to make profits off that move. So what next? As analysed yesterday, we've identified 2 CPSZs where we can plan our short trades to continue with the major downtrend. We're seeing rejection in the immediate CPSZ, with prices rejecting...

shidiq

With the recent run down for USDCAD, price currently has formed a Rising Wedge in D1 and is having difficulties breaking above 1.34900. (Rising Wedge after a downtrend is a continuation pattern) I believe price will break the wedge and go lower. Planning to short only upon retest of Resistance and in the SZ as drawn in H4. (It will be a valid CP SZ only if an ERC...

shidiq Updated 

If NZDCHF presents no trade opportunity or a miss, i'll be watching GBPNZD closely for a LONG opportunity instead. Preferably in the CP DZ. Note that NZFCHF & GBPNZD is about 55% negatively correlated, hence it may give us a trade alternative. This could potentially be a 600 pip run but as discussed, always take off your profits as planned. Will be looking for a...

shidiq

Dear FIM grads, as price is currently reacting to DZ in the higher time frame, going higher is highly probable but I will only buy after it takes out the opposing SZs in D1 as shown. I am against shorting for now although there are Daily SZs. However if you want to, only short below the pivot as indicated. Do your own due diligence and keep to your rules.

shidiq Updated 

While higher timeframe suggests supply is still in control and a downtrend continuation seems more likely, i'm not all for that especially since the current DZ in D1 is still holding strong even though major support is broken. I'm in favour of NZDCHF going higher, at least a 100 pip run to the next SZ as shown. Tomorrow's major news for NZD might just be the...

shidiq Updated 

If you missed the recent 180+ pips run down from our daily SZ, there's a second opportunity for a short entry with a CP SZ in H4. Wait for confirmation of rejection, can be in H4 or D1 depending on your preference.

shidiq Updated 

Watching this zone very closely and waiting for a confirmation, preferably in D1 as there may be early false rejection in lower timeframes. Let's wait and see how this pans out.

shidiq Updated 

Dropping down to H4, i'm looking at the immediate CP SZ which coincides with Mthly Pivot and 50%-61.8% fibo retracement. Will wait for confirmation of rejection in D1 for short entry opportunity.

shidiq Updated 

As we've had multiple waves of downtrend, I expect another one happening around this current region. The first zone charted coincides with a major resistance level, mthly pivot and 50%-61.8% retracement from the recent downward move. Awaiting confirmation on H4.

shidiq Updated 

As analysed by FIM grads over the weekends, there's a high probability of EURUSD continuing it's trend lower. Looking for a confirmation in the SZ and Pivot for entry.