As we can see on the 1-hour chart, the USD/CHF has a nice rally, it seems that this bullish momentum start to lose power, the divergence on the MACD indicator Indicates for the upcoming bearish momentum, however, I’ll still prefer to wait and see if
The USDCAD created a new fresh demand for continuation trade below, as we can see the price made a great rally from that demand, For now, it seems the price on his way to reach 1.3600, If the price will back to visit the demand
For the swing traders among us, There are 2 critical levels I marked on the chart. The supply above is a great level for sell position, It is also a Quasimodo Level which is a very reliable pattern, The targets for the sell position will
From the left, we can see the price has just arrived in a great fresh supply level, the first option is to open a sell position at the current price, the second option Is to wait and see if the price will break out the
As we can see in the attached picture, the DAX index drop down from the last high and create a lower low in one movement, that drop created a new fresh supply above which is the Quasimodo level, I’ll wait for the price to return
For the long terms, the SPX500 index is still in bearish momentum, the price is getting close to hitting the supply above which is a great supply for sell position, if the price will reach That supply I’ll sell there and my final target will
For the long terms, the XAU/USD is in bullish momentum, it seems that the next destination for the price is the resistance zone I marked above, the new fresh demand below seems Like a great continuation level to join the bullish momentum, if the price
As we can see, the supply level I marked on the USD/JPY chart is a new fresh one, the price drop from that level which indicates on unfilled orders still waiting there, therefore, if the price will That supply I’ll sell there, my final target
After a long stamping, the XAU/USD price finally broke out the resistance at 1297.00 zones and creates a new fresh demand which I marked below, it seems the price tends to reach the supply Level from the left at 1315.00 zones, we can see that
The supply level above us is also Quasimodo level, Quasimodo consider as a very reliable pattern, usually, Quasimodo level creates a great Risk Reward ratio, the supply above has Broke out the last low of the bullish momentum that was before, the price did it
For the swing traders among us, I marked the next confirmation zone for USOIL which I’m waiting for the price to breakout. the first is the support zone below, if the price will break out this Support it indicates the price tends to reach the demand
The USDJPY is after a- 350 pips of a downtrend, as a forex trader I’m a big fan of Supply&Demand levels, I believe that it’s all about supply and demand, the supply above is a great Supply of sell position, it’s also a support resistance
While I’m waiting for the price to come back the supply above for almost 2 months, the price has created a new fresh demand below, for now, the price is just about to hit this demand, I’ll buy at this level and the supply above will
As we can see, the CCI indicator shows a clear divergence between the price lows and the indicator lows, as the price create a lower low the CCI shows higher low, this kind of Divergence indicates this bearish momentum is losing power and there is
As we can see on the 4H chart, there is a potential that the price will create a Head & Shoulders pattern, If my prediction that I marked on the chart will come true, we will see the Head & Shoulders pattern up there, the
As a swing trader in the forex market, I always prefer to mark the key levels supply & demand before and be ready with a limit orders, the supply above us, is a changing momentum one, this supply start the bearish momentum, I’ll wait for
As a forex trader, I always prefer to get ready for the upcoming week on Sunday, I choose 3 assets and marked my trading ideas. EURUSD – The new fresh demand that I marked below succeed to broke the supply from the 12/11, for now, it
For the long terms, the EURUSD is in a strong bearish momentum, in my opinion, the on his way to reach 1.0750 zones, recently the price created a new fresh supply above, that Supply can be a great continuation level if the price will return
As we can see, the XAU/USD is between the supply above and the demand below, it seems the price is on his way to reach the demand below, if the price will return to the supply above Before hit the demand below, I’ll sell there
After the drop last week in the stock markets all over the world, I choose to analyze the DAX Index, XAU/USD (GOLD), and NZD/USD, I marked a critical key level that can be relevant To look for long terms positions. DAX – As we can see
As we can see the GBP/USD has created a new fresh demand on Friday. The price bounced very fast and strong from that demand, which indicates on unfilled orders waiting There for the price to come back and pick them, if the price will back
Trade of the day by The5%ers Fx Proprietary Trading Fund, D.M from Congo with a great swing position on EURJPY. earned 192 pips in 3 days, in the higher time frame, we can see his great and accurate entrance on supply level, very low drawdown, catch
The SPX500 Index has just broken the last record in the last 2 days. In order to keep going with this bullish momentum, I’ll prefer to wait for the price To return to pick some unfiled orders, the demand below seems like a great Continuation
Those are the next critical Supply&Demand for USDCAD. It seems that both levels holding many unfilled orders, those orders are waiting for the price to come back, the demand below seems like a pattern called Quasimodo, if the price will back to that demand I’ll
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