Forex Blog |  Trading Room

Quasimodo Level S&P 500 02/02/2018

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

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Quasimodo Level EUR/JPY 16/01/2018

The new fresh supply above in EUR/JPY is also a Quasimodo level, Quasimodo is very powerful reversal pattern, if the price will retrace this level I’ll sell there, my first target will be the demand below, and the final target is the demand at the

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Supply&Demand USDJPY 08/12/2017

The supply above is the last one that the price left there unfilled orders, it seems like a great level that can take the price down to the demand below, therefore I’ll sell at this level, and my target will be the demand below, if

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Key Levels DAX INDEX 04/12/2017

At the swing term, the DAX index seems to be bearish, high probability that the index is on his way to reach 12.600 zone, therefore I’ll look for good supply to sell as a continuation trade, I’ll sell at the supply above, if the price

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Key Levels EURCAD 28/11/2017

If the price will breakout the confirmation zone (last low), it indicates that the price will tend to reach the source of the last uptrend, which is the demand at the bottom. Therefore I’ll look for signal to sell, the first target is the demand

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