supply and demand trading (brake and retest)looking out to take two trading opportunity on this pair, using supply and demand stategy
Nickshawn
POINT OF INTEREST RETESTPrice 2000 tend to hold a poi resisting price, selling off the zone retest after a trending line confirmation has been meat
P.O.I BUY ENTRY Once the price brakes and close above price 0.671, buystop order will be executed cus the based zone show sellers weakness
supply and demand trading (brake and retest)the trend line support is still respected, tending to give an explode in price creating a poi zone given the weakness of sellers
TRENDLINE SUPPORT (P.O.I ENTRY)the price has been respecting the trendline support, then price tend to bounce off and creating a poi zone which signal the weakness of seller..
TRENDLINE SUPPORT (P.O.I ENTRY)Buying off a support zone after price as bounced off the trendline and given a p.o,.i zone has a sign of selling weakness
P.O.I SELL ENTRY entering the sell entry trade after the market has tested the P.O.I zone and the given the chance to place a sell order
P.O.I SELL ENTRY Short entry off p.o.i zone, take profit of the nearest zone below for quick and profitable exit
P.O.I TRADING ENTRYA sellstop order had being place around price 1.634 and stoploss just above the zone ,,, if price brakes and close above 1.64 before opening the trade, this trade is not valid ...
supply and demand trading entering sell at current price, tp around zone .875. Then potential buy from there back to .881
POINT OF INTEREST Gold might probably retest the P.I.O around price 1645.5 so has to pick a longing momentum then probably exit around price 1710..
Trendline crossoverAfter testing zone 0.853, the market structure broke my trendline retest it, so am looking forward to exit at the price below
Trendline crossoverHere on E.A, my trendline got broken and give a retest back into to the possible supply zone . Looking out on this trade .
Trendline crossoverHere on Gold, the major dynamic support zone got broken and gave a possible sell entry, with that done my target would be at level 1735..
TRENDLINE CROSSOVERHere on AUDCAD, my trendline got broken and also retested last zone of supply along side the trendline, my stop loss is tight so it wont be too much of a bad trade for me
TRENDLINE CROSSOVERHere on gold, my first major trend line got broken but got rejected by a resisting zone/price of 1815. Now with a new trend line broken and level 1815 out of my way, my next target level would be level 1835.
TRENDLINE BREAK AND RETEST ENRTRY with pattern entryit would be great to sell now, based on the fact that its broke trend and the retest my resisting zone along side with butterfly pattern formation
TRENDLINE CROSSOVERIt probably not a too much of a big deal entering now since my trend line was broken, but i prefer to sell at am higher price .....
TREND CONTINUATION 'trend line resistence'Here on cadjpy, the price is back to test the trend line resistance which would possibly aid the price bouncing off off it...
TRENDLINE BREAK AND RETEST ENRTRYHere on GBPCAD, we have a new bull trend based on the previous trendline structure that was broken. so am taking the opportunity of the retest as a sell entry and also for the triggering of my pending buy order...
Update on EURUSDSorry guys for not undating you on the last analysis of this pair because there was a change of trend in my analysis. But dont forget to "like" and "follow" for more content, you can join me on telegram t.me/greatGod19FX
But note this it goes for few pips up to 70-90 then trend down.
EURUSDHello guys consider following for more content
and comment below which pair you need and i will patiently analyze it for you.
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