CHA$E CAPITAL

Good morning traders, it's another beautiful day with new opportunities in the markets. Into the charts today I'm looking at XAUUSD where price rallied to the major daily supply zone at 2047.10 & 1996.69 which is the origin of the previous drop to the H4 & daily demand zone at 1813.84 & 1808.19. Price filled the major daily range from the major daily supply zone to the H4 & daily demand zone and back to the major daily supply zone. Price rallied into supply and formed a strong rejection wick on H4 with candle close below supply followed by a strong H4 bearish engulfing candle showing a potential bearish reversal. Price slightly retraced to 1984.70 before a continuation of the drop. Took sell positions during London session at 1981.88 with SL at 1990.35. Setup taken is a drop base drop, a continuation setup. Price dropped in one large H1 bearish engulfing candle during London session confirming the bearish sentiment. Price dropped to the 1st H1 low at 1970.35 and...

Good morning traders, I hope you all had a wonderful weekend and you're ready to tackle the markets this new trading week. Into the markets today, I'm looking at EURAUD where price rallied to a key H1 & H4 bearish BOS at 1.60117 & 1.59622 which is the origin of the previous drop to the H4 low at 1.58540 from the major H4 & daily supply zone at 1.61585 & 1.60750. Price has filled the minor H1 range from the H1 & H4 bearish BOS to the H4 low at 1.58540 and back to the H1 & H4 BOS. Price rallied into the BOS and formed a rejection wick with candle close inside supply followed by a strong H1 bearish engulfing candle confirming the bearish sentiment. Took sell positions during London session at 1.59660 with SL at 1.60000. Setup taken is a rally base drop, a reversal setup and my target is at the next H4  demand zone at 1.57256 & 1.56609. Price dropped in one large H1 bearish engulfing candle to the 1st H1 low at 1.59500 then failed to break it and instead...

  Good morning traders, it's another beautiful day with showers of blessings from the heavens as the rains finally have kicked in after quite a long time and also the blessing of more profitable opportunities in the markets. Into the markets today, USDZAR dropped from a major H1, H4 & daily chart supply zone at 18.62253 & 18.46107 which is the origin of the previous drop to the H4 low at 18.08462. Price dropped to the H4 low then retraced and rallied back to retest supply again before a continuation of the drop. Price filled the H4 range from the major H4 & daily chart supply zone to the H4 low at 18.08462 and back to the major daily chart supply zone. Price tapped supply and activated my pending sell limit orders at 18.46200 with SL at 18.55000. Setup taken is a rally base drop, a reversal setup. Price formed a strong rejection wick on H1 & H4 with candle close below supply followed by a slight consolidation then a strong H1 bearish candle during London session con...

  Good evening traders, I hope you're all doing well and are ready to tackle the new week in the markets. Into the charts this week, I'm looking at USDCAD where market opened this week at the major daily chart supply zone at 1.38823 & 1.38286 which is the origin of the previous drop to the major daily demand zone at 1.33053 & 1.32509. Price gapped down after market open confirming a strong bearish reversal and dropped 113 pips to 1.37165, taking out the 1st H1 & H4 low at 1.37500 by a strong H1 bearish candle confirming a shift in market structure to bearish. Price retraced to retest the broken H1 & H4 low that formed a BOS at 1.37450 & 1.37750 before a potential continuation of the drop. Took sell positions during London session at 1.38487 with SL at 1.37750. Setup taken is a drop base drop, a continuation setup and my target is at the next H1 & H4 demand zone at 1.35248 & 1.34920.  Price rallied back to 1.37900 during London session taking out my ...

  Good evening traders, I hope you're all having a great weekend and you're ready to tackle the new incoming trading week. During the previous trading week on Friday, the U.S. Bureau of Labor Statistics reported during NY session that the total nonfarm payroll employment rose by 311,000 in February and the unemployment rate edged up to 3.6%. This was a drop from January's report of 504,000, hence causing a strong decline in the dollar index from 105.380 inside the key H1 & H4 supply zone at 105.761 & 105.280 to the 1st H4 low at 104.200 and closed the week at 104.653. Price rallied into the key H1 & H4 supply zone which is the origin of the previous drop to the major H4 & daily demand zone at 101.295 & 102.472 filling the major daily range from the key H1 & H4 supply zone to the major H4 & daily demand zone and back to the key H1 & H4 supply zone. Price rallied into supply and faked out a break on H1 & H4 but on the daily chart price form...

  Hey traders, I'm looking at a potential GBPUSD setup as price dropped into a major H1 & H4 demand zone at 1.19230 & 1.18564 which is the origin of the previous rally to the major H1 & H4 supply zone at 1.24326 & 1.23924. Price filled the major H4 range from the major H1 & H4 demand zone at 1.19230 & 1.18564 to the major H1 & H4 supply zone at 1.24526 & 1.23924 and back to the major H1 & H4 demand zone. Price dropped to the H1 & H4 demand zone at 1.19230 and formed a rejection wick with candle closes above demand followed by a strong bullish push away from demand in a strong H1 bullish engulfing candle, a weak bullish candle and another strong H1 bullish candle. Took buy positions during London session at 1.19565 with SL at 1.19200. Setup taken is a drop base rally, a reversal setup and my 1st target is at the 1st H1 & H4 supply zone at 1.22473 & 1.21708 before price either shifts and reverses or breaks and continues with the rally. ...

  Good morning traders, I hope you're all well and had a great weekend charged up and ready for this new trading week. Into the markets today I'm looking at XAUUSD where price dropped into a major H1 & H4 demand zone at 1823.91 & 1807.90 which is the origin of the previous major rally to the key H1 & H4 supply zone at 1956.45 & 1947.09. Price filled the major H4 range from the major H1 & H4 demand zone at 1823.91 & 1807.90 to the key H1 & H4 supply zone at 1956.45 & 1947.09 and back to the major H1 & H4 demand zone. Price dropped into the H1 & H4 demand and formed a rejection wick with candle closes inside demand followed by a H1 bullish engulfing candle and a slight rally to 1812.00 showing a potential bullish reversal. Took buy positions during London session at 1808.53 with SL at 1803.00. Setup taken is a drop base rally, a reversal setup and my 1st target is at the H1 high and supply at 1846.00. Price rallied to 1820 and failed to ral...