Weekly Supply and Demand Outlook 2014-09-21
AUDCAD - Long
Price has been dropping quite rapidly and is very close to demand. If price continues to fall with red daily candles I'll be looking for a reversal pattern on the lower time frames.
AUDNZD - Long
Price reversed nicely from the supply I identified a few weeks back and is heading towards demand. If you missed the short perhaps you can catch a long if we get a reversal.
GBPCAD - Short
Price has already hit supply on GC but there's still lots of profit potential for a move south. There may be some shorting opportunities on the way down. I'll be watching this one closely.
USDCHF - Long or Short
I'm still watching the USDCHF and we could have a long or short opportunity coming up. Price is over 200 pips away from both SD levels.
Happy trading
nice analysis
Thanks Haji
So simple… so perfect!!!
Simple is always best