eurjpy near to its three month support level. 156.60 & 155.90 level of interest for buying. stop below the 5th August strong support level i.e. 154.40, sl is wider, while tp is too long as 160.80. 3rd December daily key reversal bar as well, made a new low closed in the middle. reversal trade need a lot of patience and discipline with proper money management.
12th December daily key reversal bar, made a new low, closed off the high. 1.7835 strong support level of two months. price forming intermediate double bottom. 1.8080 is initial resistance level, suspect it will break. 1.8160 is another resistance level, if price breaks and hold above that resistance level then suspect further strength for target 1.8245. Place...
#usdchf weekly chart forming higher high and higher low. Daily chart price near to resistance level. Buy limit 0.8630 & 0.8610, stop loss below the last weekly bar low i.e. 0.8600, target: 0.8710. 4h time frame bullish order block as demand zone is as 0.8630-0.8610 as well. place stop loss below the bullish order block i.e. 0.8600.
16th september weekly bar is a key reversal made a new low, closed off the high, dictation for strength in usdjpy for coming days and weeks. first target: 147.15, second target is 149.30, need a lot of patient for this trade to make handsome profit. stop loss below the weekly key reversal bar low.
Crude oil weekly key reversal bar, made a new low closed towards high, 67.40-66.50 is 61.8% & 79.0% fib level, expecting retracement to this level for taking long position. stop loss below key reversal bar low i.e. 65.20, target: 73.70. if price breaks below the key reversal bar with increasing volume then next buying level is 64.30.
Last weekly bar of the month of August in Gold is Inside bar. Range confined within the range of the previously weekly bar. First weekly bar of the month of September is Insurance bar, broker below the Inside bar low which confirmed further weakness ahead. selling zone for gold is 2517-26. stop loss above the previous two weekly bars high i.e. 2534. Target: 2465...
last weekly bar of the Month of August is weekly key reversal bar, made a new low & closed off the high. current week price pulled back to its 0.618% & 0.70% fib level. last fib level expecting before rally up is 0.79% which is 100.68. last and extreme level may touch 100.50 as well. if price breaks & closes below the 100.50 then it can go down further. but key...
last weekly bar of the month of August is inside bar, range confined within the range of previous bar. 2517-24 supply zone area for sell which is 0.608%-0.79% fib levels. stop above the previous week high i.e. 2532, first target: 2473, price may bounce up from there again. then next possible target after correction is 2462
USD Dollar hit the 100.50 price level which is strong support area of last 8 months. 28th December 2023. this is quite strong support area which should fight to hold and reverse price upside to the 102.50. Buying zone 100.50, stop loss: 100.20, target: 102.50. Trend is quite bearish, reversal trade takes time to digest supply for long. If USD Dollar holds that...
1.3570-50 strong trendline support area. 22nd August daily key reversal bar, made a new low closed off the high dictation for strength coming in usdcad for next coming days. Buying demand levels are 1.3595 and next one buying level 1.3550. stop loss is 1.3535, target: 1.3724. 1.3668 initial resistance level before target 1.3724. need to break and close above...
two demand zones for nzdusd long i.e. 0.6030-15, 2nd demand zone: 0.5993-78, stop loss: 0.5960, target: 0.6120
two demand zones for long. 1st 1.2770, 2nd zone 1.2740, stop loss: 1.2720, target: 1.2925
demand zone for buying by 1h time frame 1.0897, stop loss: 1.0875, target: 1.1000. daily and weekly trend is bullish. if price fails to hold 1.0880 support area then might wait for further down bullish order block for buying.
weekly and daily trend is bullish. 4h initial order block at 1.2690-70, 2nd buy zone from 1.2643-17, stop loss: 1.2600, target: 1.2835
29th July daily key reversal bar, made a new low closed towards middle, not a much strong key reversal bar, it would becomes more stronger if closes as an up bar. 30th daily insurance bar. both bars indicates for strength ahead. demand level for buying 0.5895, stop loss: 0.5845, target: 0.5997
17th July daily key reversal bar, made a new high closed off the low. 18th July daily insurance bar broke and closed below the key reversal bar. supply zone for short 2464-2475. stop loss above key reversal bar i.e. 2490, target: 2422 (stick with this target, reason trend is bullish and gold move rely on geopolitical news)
29th July daily inside bar, early sign for trend reversal, 30th July daily insurance bar which confirmed further weakness ahead. suspect sell for target 1.8060. price may retest resistance level again reason trend is quite bullish. place stop loss above inside bar high.
NASDAQ accumulation phase for long. 4h key reversal bar, made a new low, closed off the high. if price retest the low of key reversal bar, then it would ideal long trade. stop loss below 18700.