CHA$E CAPITAL

  Good morning traders, it's another great Thursday presenting profitable opportunities in the markets and I hope you're all ready to partake in it. Into the charts today I'm looking at EURUSD where price failed to get to my target demand zone from the previous trade I posted and instead reversed from the H1 low at 1.09700 hence closing out my positions. Price rallied back to the major H1 & H4 supply zone at 1.10736 & 1.01452. Price faked out a break of supply on H1 with candle close above supply followed by a strong H1 bearish engulfing candle that closed below supply. Price retraced back into supply for a retest before a continuation of the drop. Took sell positions during London session at 1.10562 with SL at 1.10800. Setup taken is a rally base drop, a reversal setup and my 1st target is at the 1st H1 low at 1.09700 before price either shifts and reverses again or price breaks and continues dropping. Price consolidated inside supply during London session with slo...

  Hello traders, as I looked into the previous USDCHF market I'm also looking at EURUSD where price rallied into the major H1 & H4 supply zone at 1.10736 & 1.10452 which is the origin of the previous drop to the H1 & H4 demand zone at 1.09311 & 1.09101. Price has filled the H1 & H4 range from the major H1 & H4 supply zone at 1.10736 & 1.10452 to the H1 & H4 demand zone and back to the major H1 & H4 supply zone. Price rallied into the supply zone, failed to tap 1.10736 and instead formed rejection wicks on H1 with candle closes inside supply followed by a drop in a constant push away from supply. Took sell positions during London session open at 1.10480 with SL at 1.10740. Setup taken is a rally base drop, a reversal setup and my target is at the H1 & H4 demand zone at 1.09311 & 1.09101. Price dropped in one large H1 bearish engulfing candle with candle close below supply. Price formed a weak H1 bullish candle that became engulfed by anoth...

  Good morning traders, I hope you're all well and enjoying the volatility that's kicked in the markets this week as last week lacked good volume for profitable setups. Into the charts today I'm looking at USDCHF where price dropped into a key H1 & H4 demand zone at 0.88961 & 0.88714 which is the origin of the previous rally to the H1 supply zone at 0.89958 & 0.89724. Price has filled the H1 & H4 range from the key H1 & H4 demand zone to the H1 & H4 supply zone and back to the key H1 & H4 demand zone. Price dropped into demand and formed a rejection wick on H4 with candle closes inside demand. Took buy positions during London session open at 0.88738 with SL at 0.88538. Setup taken is a drop base rally, a reversal setup and my target is at the H1 & H4 supply zone at 0.89958 & 0.89724. Price rallied to 0.88908 then left a strong H1 rejection wick to the upside followed by a drop lower hence putting my positions in drawdown. Took a scale-in ...

  Good morning traders, it's another Monday the start of a new trading week meaning new opportunities in the markets. Into the markets today, I'm looking at EURUSD where market opened the week inside a key H1 & H4 supply zone at 1.10000 & 1.09790 which is the origin of the previous drop to the 1st H1 low at 1.09130. Market consolidated between the key H1 & H4 supply and the H1 low at 1.09116 hence filling the minor H1 range from the key H1 & H4 supply zone to the H1 low and back to the key H1 & H4 supply zone. Price formed a rejection wick with candle close inside supply followed by a drop in 2 strong H1 bearish candles during Asian session confirming the bearish sentiment.  Took sell positions during pre-London session at 1.09764 with SL at 1.10030. Setup taken is a rally base drop, a reversal setup and my 1st target is at the 1st H1 low at 1.09116 before price either shifts and reverses or breaks and continues with the drop.