CHA$E CAPITAL

  Hello traders, EURJPY price rallied from the minor demand level on H1 & H4 at 141.565 & 141.053 back to supply at 144.081 & 143.614 which is the origin of the previous drop to demand. Price filled the range from supply to demand and back to supply. Took sell entries during London session at 143.615 with SL at 143.915 and pending sell limit orders at 144.100 with SL at 144.300. Setup taken is a rally base drop, a reversal setup. Price rallied deep into supply taking out my entries and activating my pending sell limit orders at 144.100 during NYSE with SL at 144.300.   Price formed a rejection wick on H1 & H4, candle close inside supply followed by a drop in price out of supply on H1 confirming a shift in market structure to bearish. Price has dropped 80 pips to 143.280 and is in a slight consolidation. I anticipate a retest of supply, followed by a continuation of the drop back to demand at 141.565 & 141.053 which is my target. Price dropped 150 pips to 14...

  Hello traders, AUDUSD market opened with price at 0.69391 after which price dropped in 2 strong bearish candles to 0.69105 during Asian session forming a higher low then rallied back to the previous high. Still holding my positions from last week as I expect the market to go higher. Price rallied 50 pips from my entries and still showing more bullish potential. Momentum has been quite slow as price kept coming back down, leaving rejection wicks on H1 & H4 followed by a bullish push showing there's still more bullish potential even with the slow movements.  I anticipate a continuation of the rally as I had previously stated, with my target being at the next supply level on H1 & H4 at 0.70765 & 0.70452.  

  Hello traders, USDCAD market opened with price at at 1.28937 after which price rallied 23 pips to 1.29155 then dropped again back to demand during London session. I'm still holding my positions from last week as I expect the market to drop lower. Price has dropped 130 pips from my entries to current price. Price has formed candle close inside demand but still showing bearish potential on higher timeframes. However, price hasn't broken demand yet. I moved my SL in profit at 1.29115 and took one anticipatory buy entry during London session at 1.28772 with SL at 1.28500. Setup taken is a drop base rally, a reversal setup. Price formed candle close inside demand followed by a wick rejection, a strong bullish engulfing candle on H1 & a series of bullish candles out of demand hence hitting SL in profit at 88 pips. Price rallied to 1.29120 then dropped back into demand in 2 strong bearish candles that formed candle close inside demand again. Price has respected demand as it stil...

  Hello traders, EURJPY price rallied to a major supply level on H4 and the daily chart at 144.081 & 143.563 which is the origin of the previous drop to demand at 139.829 & 139.114. Price filled the major range from supply to demand and back to supply. Price rallied into supply, formed candle close inside supply followed by a drop in price out of supply showing a shift in market structure to bearish. Price dropped 100 pips to 142.862 then rallied back to 143.409 forming strong wick rejections followed by a drop. Took sell entries on 23rd June (Thursday) during late NYSE at 144.080 with SL at 144.380 after several failed attempts to get a good entry. Setup taken is a rally base drop, a reversal setup. Price formed a wick rejection at supply on H1 & H4 followed by a drop in price and candle close below supply. Price dropped to 143.000, retraced to retest supply at 143.601 followed by a strong drop in one large bearish candle during London open showing heavy bearish moment...

  Hello traders, AUDUSD price dropped to demand level on H4 & daily chart at 0.68873 & 0.68547 from the minor supply and previous high on H1 & H4 at 0.70505. This demand level is the origin of the previous rally to supply at 0.72621 & 0.72240. Price filled the 1st minor range from the 1st high to demand. Took buy entries on 23rd June Thursday during London session at 0.68943 with SL at 0.68660. Setup taken is a drop base rally, a reversal setup. Price rallied in one bullish engulfing candle on H1, dropped back to retest demand then rallied again in 3 large bullish candles to 0.69460 before a slight drop in price. Price dropped back deep into demand, dropping below my entries and almost taking out my SL. However price still hasn't broken demand level to invalidate the setup and my bullish bias. Price rallied 40 pips to 0.69245, forming a lower high from the previous high on H1 at 0.69450 then dropped again back to demand and my entries. Price has been in consolidatio...

US30 price dropped to a major demand level on the weekly chart at 29979.76 & 29268.03 which was previous broken supply and origin of the rally to supply at 36385.33 & 35877.50 & all time highs. Price dropped into demand forming rejection wicks inside demand followed by a push out of demand with candle close above demand. Took buy entries on 20th June (Monday) during NYSE at 30088.40 with SL at 29805.55. Setup taken is a drop base rally, a reversal setup. Price rallied 90 points to the next high closing the day with price at 30153.90. Markets closed early coz of the bank holiday and Juneteenth holiday.                                                                                                            ...

H ello traders, last week has been quite a week in the financial markets and here are some of the insights I had for last week: USDCAD price rallied to a major supply level on H4 and daily chart at 1.30508 & 1.30134 which is the origin of the previous drop to demand level at 1.25300. Price filled the major range from supply to demand and back to supply. Price faked out a break of supply but on H4 price formed  a strong rejection wick, candle closes inside supply followed by a drop in price. Took sell entries on 20th June (Monday) during London session at 1.30004 with SL at 1.30380. Setup taken was  a rally base drop, a reversal setup. Price gained momentum first dropping to 1.29874, retraced to retest supply then dropped confirming the bearish sentiment. Price has dropped 80 pips to 1.29241 as it approaches the 1st low on H1 at 1.28645 and still showing more bearish potential hence continuation of the shorts. Price dropped 100 pips to the 1st low at on H1 & H4 at 1.290...