Dear you guys, Price has been increased to the blue zone ( Supply Zone ) and stand here. 1.175 is a resistance with price rejected at this level. We can short right now. Trade with care !
Hi you guys, The price of 0.873-75 is a key support for this pair. It is also the demand Zone. Let 's see if price break or not. If breaking, short after price consolidated. If price bounces, long after price retest. Trade with care. Good luck !
Dear You guys, Let's see if price react at the level of 1.266-1.268 ( yellow area ). If price cannot break, we can long. In case price breaks below yellow area, my idea is invalid. Trade with care. Good luck !
Dear You Guys, Price of 116.94 Z( yellow retangle) is a good time for us to long short time. Wait price to confirm before grabbing. Trade with your care. Good luck !
There are many ways to trade supply & demand zones and it depends what type of trading style suits you. 1) High probability setups: Taking only fresh supply and demand zones at swing highs and lows and ignoring small S&D zones established in between those major zones. For long trade you have to identify a high, low, higher high and enter at demand zone which would be higher low. But these types of trades are not too frequent and one need patience & discipline to wait for ideal setup and execute…
Good Morning Duka traders today i would like to share with a tradind idea on EUR/USD on time frame 15M it s interested ratio according to the retracement of fibo have a great day from cairo and good luck
Weekly chart: On the weekly chart i pointed out the channels where the price is trading. As you can see a pin bar formed in the top side of the channel I epxect the price to move lower. Daily chart: On the daily chart i draw the possible scenario cosnidering the previous price action.
Weekly chart: On the weekly chart i draw some trendlines which i expect to affect the price. As you can see we have strong momentum to the down side. Daily chart. On the daily chart i draw the possible scenario. I included also fibonacci retracement and the price retested the 61.8 retracement. For this reason i expect a down move.