Quarterly
#USDJPY [4H] A Tricky one...SAXO:USDJPY Is a tricky pair at the moment. However, i see a potential fall next week after a retest. This pair has made a move of an entire year so far during 1st quarter. Big bias is to the downside back to 102 or something. I tried to anticipate the moves based on supply and demand and the COT report.
#AHMEDMESBAH
Delta Depression breakdown analysis: where is the support?With this last downleg, we have hit the 0.5 fibonaci level, in one break out. and it its not over.
If this is the beginning of a longer term downtrend, after we break support, the next support seems to be around 10/7/5 dollars, where I think volitle accumulation will happen, before consolidating around 10$ and moving again.
Look for one or two weak impulses to the upside to take short positions, stop loss at 37, with profit targets at 23-20, 12, 8.
#EURUSD [H8] Correction ALERT! ON Annually Demand...SAXO:EURUSD Is currently sitting for the first time on the strong annually demand and a super daily demand at the same time. Anticipating a decent correction from current range.
A break to this level will take us to the nearest historical 3M Uptrend below around 1.075
Follow for more ideas...
#AHMEDMESBAH
#EURUSD [D1C] A Drop, A Correction, A Big Drop, A Reversal!SAXO:EURUSD Is currently heading to an important annually demand zone @1.08690 where i am anticipating a decent correction to the nearest weekly supply zone @1.10250 where we technically should see a continuation to the downside to the annual wedge located at its closest point @1.06300 : @1.06500 Where we should see a significant reaction anticipating a push to the upside to make its way back above @1.12380.
This scenario might change according to market conditions especially during the shifts between Risk-on Risk-off environments.
Follow for more setups...
#AHMEDMESBAH
#USDCAD [Quarterly+Daily] Is this Ground Zero 2020?OANDA:USDCAD
If you're long on the #USDCAD then you should check this out first.
The pair on Quarterly bases has reached ground zero where all attempts failed to break it on Q1 AND Q2 2019. However, This is the first touch on Q1 2020 and if you're long on this pair then you should think twice before holding your longs. The pair at the same time has reached a double Quarterly Supplies "Just the Proximal lines" this is around 1.33200. There is another close supply sitting above around 1.33500. The current level is a reversal one and the odds of potential continuation requires a significant catalyst to push it even higher and break all these obstacles. Therefore, a good R/R potential opportunity is currently in hand of about 30/40 pips SL.
Follow and like for more important #Swing opportunities.
#AHMEDMESBAH
#USDEGP [W1C] Will the US Dollar Rebound from Current Zone?!FX_IDC:USDEGP
Dollar has reached an important price where it is meeting an important demand zone. Anticipating a rebound from this level.
If the weekly downtrend line is to break next few weeks then we have gotten an important zone to mark for the future.
#AHMEDMESBAH
#GBPUSD [W1C] A Very Bullish Behavior on Bigger Time Frames.SAXO:GBPUSD
The behavior we see now is the same of Gold last few weeks, Price now is testing a strong support and a continuation demand that will probably push price higher overtime.
Price is uniquely meeting both the 20 EMA and 90 EMA at price 1.29300. If it happens and price when retrace to this level, long positions with a very good R/R would be a great option.
#AHMEDMESBAH
BTC - MONTHLY AND QUARTERLY CLOSE So we had the monthly and quarterly (3 months) close this night (UTC time), and I can't keep off my thought this two environments looks a lot alike the one we had at the topping at 20 k. Tweezer tops, this gives me chills down the spine.
Thought the volume in the last run we had is above the one in the previous bull run. A good sign?
Keep an open mind and trade safe!