PRIMERONIN

PRIMERONIN

After the breakdown and approaching support, the price moves below with a strong, bearish candle. Following the breakdown, the retest presents a short-selling opportunity. The trade 5:1 risk-reward ratio.

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The triple bottom and the previously tested support indicate a potential bounce back. The long setup is detailed on the chart.

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The price broke and closed below the recent low and made a change of structure; As the price breaks low, we can expect another impulsive selling move, and every rise is a selling opportunity. The levels are marked on the chart.

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The price tested the supply/resistance trend and very much chance to retrace below before breakout. It is a chance for a short position with SL's recent high.

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-Price is rejected from the supply zone and created a long wick as a symbol of the rejection -It will test the near-demand zone, around 142.500 to 142.800. -Bounce is expected from that for the supply area again. -If the price breaks the near-demand zone, then the subsequent demand is near 140-800 to 141

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-The price bounces from the demand zone for the price rejection area and is rejected with a long wick -It is in an indecisive area where we can expect both side's movements. -If again retests the demand zone, then it is a long opportunity with low risk for the target of the price rejection area. -All the demand and supply zones are marked on the chart.

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-The price makes the higher low and lower high in HTF. -As the structure suggested, there should be a slight bounce back for the supply area for the further downside -The sell setup is invalid if the price breaks the near-demand zone. -The demand and supply zone is marked on the chart

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-The price is broken after crossing the critical level 1.10983 -Now, the price is taking the support around 1.08900, and this is the double button pattern; the previous swing is also on the same level. -This is a good buying area with a small SL, which is near around 1.0888 below and target 1: 1.10100 and target 2: 1.10800 -QM buy setup and demand zone also in...

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-The Price is struggling in the supply zone, which is around 2070-2090 -Before jumping to the resistance area, the Price needs to retest the 2040-2010 demand zone -The overall trend is bullish, and buy on dips

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-The trend is a downside, but last week's price retrace to the supply zone -Before the price move, the upside need to retrace to 22.90-23.20 -The best 22.50-22.70 is the long opportunity -The above 24.33, we can see the next supply zone 25.50

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-Trend is upside as per the current scenario -The demand zone is 2007-2019, Supply zone is 2038-2050 -Long near 2008-2008 and SL 1999 TGT 2040

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-The previous week, the price reached the Supply Zone -Then faced strong resistance, which is marked on the chart -The supply zone is 1.10175 to 1.09880, and the near-demand zone is 1.08505 to 108185 -Per the trend, it is still uptrend, so every dip is a buying opportunity.

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-The price inside the channel is not improving, and again, retrace the downside. - The price was rejected from the same supply zone and is now headed to the downside. The next demand zone is 1.06200-1.05900 -Every bounce is a selling opportunity.

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-The price is sustained, and on every downside, the buyers push the price to the upside, and the trend is upside only. -If we see the chart, the demand zone and the higher-low swing are maintained. -This is the buy-on dips setup. -The buying area is near 183-184. Then, if the price falls near 181, a strong demand zone will be reached.

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-The Gold is not able to hold the 2000 mark, and after making the triple top, which is the bearish sign, now lands below the 1950 psychological level -The LTP is 1937, which means again it will touch the previous week's low, which is near 1900-1880 -There is a slight bounce change near 1911-1905 for 1940-1950, but this is a short opportunity if the price remains...

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-EURUSD is jumped last week and not sustained on the major supply zone -Now it is retraced to the near the demand zone, which is marked on the chart -There is a low-risk long trade near the demand zone with SL 1.04657 TGT 1.06365

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-Last week, gold crossed the Supply around 1830-1832. -With 1846, speed up the price and minor retracement for buying opportunity without any significant retracement. -Now, the Demand and Supply marked on the chart -This is a buying setup, but needs to wait until 1867-1875 -The weekly demand zone is 1880-1895 -After touching the strong demand zone 1867-1875,...

PRIMERONIN Updated 

-The gold price last week retraced after the NFP data and took the demand zone of the last swing low area which is near 1808-1805 -Before going upside the gold needed to retrace the same demand zone from 1812-1816 -Need to break the near resistance which is 1837-1844. -For the breakout long 1846.800 SL 1837.300 TGT 1877.500 -The near support is 1812-1816