bahiyab
EssentialThis is mere price action on weekly, and MACD indicator levels. It seems 3750 is target, and 3535 is strong support.
Looking at the technical analysis in chart, USDCAD tested last demand zone. I expect a push to the next supply level, and executed two long order on it. First order is a swing trade, executed from the current price with a wide stop. The other, is a buy limit, with tight stop targeting next supply zone, as indicated on chart.
Oil is basically in a sideways price action following a predictable range. Overall, there isn't much momentum. However, considering the current sideways move, and taking into consideration key demand levels, it seems it has a high probability of a move to the upside to next supply zone. I give this setup an 80% chance (A setup). My buy limit has already been...
Long setup, targeting obvious supply and demand zones. As you can see from this chart analysis, NATGAS is going for the next supply zone. Long setup on Tue, the day I posted this with tight stop an nice target toward next supply level. I give it an 80% probability it is going to next supply zone and correcting from there.
AUDJPY is approaching a very strong supply level. It has been bullish since covid 19. I expect rejection from next supply zone at 101 price level. Current setup is a bullish pattern, warrants a high probability buy limit as shown in my analysis.
I see a pattern forming similar to previous price move. A nice upside down cypher pattern, targeting the low. entering short on the daily tf.