Picture sais it all. The long is my preferred trade but I'll look for the short with less risk.
Eurjpy has broken a major downward trendline. We wait for the retest to go long.
Very interesting. I see another crash coming. instagram: chad_heynes
Continued analysis to the nasdaq. At 13.30 GMT time the market will discount nas to create opportunities to buy the asset throughout the New York Session. This is where volatility comes in!!! instagram: chad_heynes
We have price respecting the channel on 4H. We have a break of the trendline in the 1H and a retest looking to sell on market open or 10 pips below the doji on the H1.
continued analysis . upward trend . we touch the trendline and retraced to a 50% fibo zone
this pair and aud has definitely caught me a few times. update on the 4H
Still short for now until we break that major trendline. Wait for price to retrace to demand zone before considering a long position or unless we break the trendline with a retest. instagram: chad_heynes
long trade - demand and supply. trade idea based on 4 h technical data
Price ranging. Look to short on a pullback. Simple demand and supply swing trade. instagram: chad_heynes
Simple pin bar on the daily timeframe touching the upward trendline. Price to fill the supply zone before looking to go short, where the market fell due to Covid-19.
Clear uptrend channel from the daily timeframe. 4H gives us a head and shoulders with the right shoulder being a breakout from the corrective move. We wait for price to pullback towards the 9000 area before looking for to go long. Instagram: chad_heynes
The video has its significance to it based on what we have seen in the passed based on the reaction to price. the GDP news will allow this pair to range in the beginning of the week allowing it to rally once the fundamental news has been released. I expect price to push into the demand zone on the hourly and based on the reaction, if price retraces back into the...
Due to this moving in a downward channel. I would like to see price break and retest the downward trendline in the 1H before looking for a retest to go long. I think I would trail my SL when in profit with this pair since we are so heavily down.
Looking at this simple downward channel with strong momentum moves everytime price has touched this downward channel. Price has also come up to test the supply zone. With AUD employment change news this week, we can expect some strong moves going into Wednesday and Thursday.
Looking for the long opportunity most of the time. Price has pushed into a strong resistance level and supply zone where price fell with momentum. It is also respecting our ascending channel. I expect a sharp decline in price this week before pushing off the ascending trend line to break the resistance. The FED has made a statement to back the stock market which...
We see the RSI respecting this channel based on the overbought and oversold levels. We wait for price to come back to the demand zone as well as the RSI to be oversold. Once we see a reversal signal on the trendline as well as demand zone . We enter the buy having a RSI signal, ascending trendline and demand zone all aligned.
Based on last weeks weekly analysis we have now respected the channel as anticipated and pulled back into the supply zone as well as touching our trend line to the downside. Nzd interest rate news release for the week ahead should give us the move we are waiting for.