CHA$E CAPITAL

Good afternoon traders, it's a feel good Friday with a chilly start but in the charts it's getting hotter. Into the markets today, NAS100 price broke a major daily supply zone at 20660.97 & 20409.07 and rallied higher forming new highs. Price rallied 500 pips forming a new ATH at 21220.00 then formed a minor supply zone on H1 & H4 at 21220.00 and 21130.00. Price dropped from the minor H1 & H4 supply zone to the H1 low at 20970.00 then retraced back to supply. Price consolidated between the minor supply zone and the H1 low then eventually broke the H1 low and formed lower lows confirming the bearish sentiment. Took sell positions during NY session at 21065.48 with SL at 21130.00 and a scale-in position at 20970.25 with SL at 21100.04. Setup taken is a rally base drop, a reversal setup and my target is at 20700.00. Price dropped by a constant push away from supply, gained more bearish momentum taking out the previous H1 low forming lower lows. Price gained more bearis...

  Good evening traders, I hope you've all had a great day. Into the markets today, I am looking at XAUUSD where price has been on a steady downtrend since forming new highs at 2788.00. Price dropped and broke a major H1, H4 & daily demand zone at 2624.76 & 2607.50 and formed a lower low on H1 & H4 at 2592.03 confirming the breakout. Price retraced to retest the broken demand as a new supply before a potential continuation of the drop lower. Took sell positions via pending sell limit orders during Asian session at 2607.53 with SL at 2618.00. Setup taken is a drop base drop, a continuation setup and my first target is at 2570.30 and my next major target is at 2530.00.  Price formed a one candle retest on H1 & back to supply at 2605.57 followed by a strong drop. Price dropped by a strong push away from supply, taking out the previous H1 low at 2592.00 and dropping lower confirming the bearish sentiment. Price dropped 700 pips to 2536.22, taking out my previously a...

Hey guys, Happy Sunday everyone I hope you're all doing well. It's a chilled Sunday to enjoy with friends and family and a day before the markets open, so here's a video breakdown of the U.S election week discussing it's effects on the markets across various currencies, commodities and indices as well. I also talk about this coming week's projections on different currency pairs to watch out for along with their setups, analysis and trade execution procedures. Stay tuned as we get into the trading week where I'll give an update on the mentioned instruments and any open positions that we'll have taken from the analysis shared today.

  Good morning traders, I hope you're closely observing the U.S elections and watching how it's been affecting the markets. I've been closely watching AUDUSD as price rallied into a key supply zone on H1, H4 & daily at 0.66445 & 0.66160 which was the origin of the previous drop to the H1 & H4 low at 0.65400. Price formed a rejection wick with candle closes inside supply having filled the range from the key H1, H4 and daily supply zone to the H1 & H4 low at 0.65400 and back to the key H1, H4 and daily supply zone. Took sell positions during Asian session at 0.66440 with SL at 0.66640. Setup taken is a rally base drop, a reversal setup and my target is at 0.64850. Price dropped with strong momentum during Asian session making a 130 pips drop to 0.65145, taking out the previous H1 & H4 low and forming lower lows. I anticipate a continuation of the drop lower for price to fill the full daily range back to the major daily demand zone at 0.64818 & 0.64545.

  Hello traders, happy new month and week as we mark the start of the second last month of the financial year 2024. This month is very crucial in the markets as it brings the US elections, the anticipated Fed rate cut and many other important fundamentals that will greatly affect markets this month. Into the markets this week I am looking at EURUSD where market opened this week with a strong gap to the upside causing price to rally back to the major H1 & H4 supply zone at 1.09040 & 1.08730. Price rallied deep into the H1 & H4 supply at 1.09040 and formed a rejection with candle closes inside supply followed by a drop. Took sell positions during London session at 1.08790 with SL at 1.09200. Setup taken is a rally base drop, a reversal setup and my target is at 1.07700.

  Good afternoon traders, it's another week getting closer to the US elections happening next week and I hope you're ready to take advantage of the volatility during this elections period. Into the markets I am looking at GBPUSD where price rallied to a key H1 & H4 supply zone at 1.29900 & 1.29640 which was the origin of the previous drop to the H1 & H4 low at 1.29100. Price rallied to 1.29900 and formed rejection wicks with candle closes inside the zone. Took sell positions during NY session yesterday at 1.29930 with SL at 1.30140. Setup taken is a rally base drop, a reversal setup and my target is at 1.28500, the next major daily demand zone. Price dropped to 1.29600 then retraced back deep into supply at 1.29890 almost back at entry. Price rallied higher missing my SL by few pips then dropped 50 pips to 1.29410 then reversed and rallied strongly taking out my positions and hitting SL. Price formed a H1 & H4 minor demand zone at 1.29410 & 1.29120 causing a...

  Hello traders, here's another setup I am closely watching out for on GBPUSD where market opened this week inside a key H4 & daily supply zone at 1.30750 & 1.30320 which is a previously broken demand zone. Price formed candle closes inside supply followed by a drop by a constant push away from supply. Took sell positions during London session at 1.30400 with SL at 1.30670. Setup taken is a rally base drop, a reversal setup and my target is at 1.28600 above the major daily demand zone at 1.28467 & 1.27980. Price gained strong bearish momentum dropping 80 pips to the 1st H1 low at 1.29770. Price failed to break the H1 low and instead retraced to 1.30100 forming a lower high before a continuation of the drop lower. Price dropped back to 1.29750 and still showing more bearish potential. Price gained more bearish momentum taking out the previous H1 low at 1.29770 and forming lower lows on H1 & H4 at 1.29550. Price dropped 100 pips to 1.29550 then retraced to 1.29950 to ...

  Good afternoon traders, I hope you've all enjoyed the long weekend and you're ready for the new trading week. Into the markets this week I am looking at EURUSD where price broke a key H4 & daily demand zone at 1.09040 & 1.08730 and formed a lower low at 1.08500. Price retraced to retest the broken demand as a new supply zone before a continuation of the drop lower. Price dropped to 1.08200 forming new lows then retraced back to supply forming candle closes below supply. Market opened this week with price still below the supply without breaking the previous H1 high at 1.08730. Took sell positions during London session at 1.08610 with SL at 1.08820. Setup taken is a rally base drop, a reversal setup and my target is at 1.07800. Price dropped 48 pips to 1.08110 confirming the bearish sentiment and forming lower lows. Price retraced to 1.08375 forming a lower high before a continuation of the drop lower. Price gained more bearish momentum dropping 90 pips to the 1st targe...

  Good evening and happy new week fellow traders. I hope you've all had a great weekend and you're ready for the new week. Into the markets today I am looking at AUDUSD where price strongly dropped to 0.67100 then formed a supply BOS on H1 & H4 at 0.67542 & 0.67368. Price dropped from the BOS gaining bearish momentum during London session into NY session dropping to 0.67040. Price then retraced in one strong H1 bullish candle back to the BOS supply zone. Took sell positions during NY session at 0.67370 with SL at 0.67580. Setup taken is a drop base drop, a continuation setup and my target is at 0.66450. Price dropped 30 pips to 0.67030 then retraced back to supply. Price gained more bearish momentum taking out the previous low and forming lower lows confirming the bearish sentiment. Price gained more bearish momentum dropping 75 pips to 0.66600 and missed the target level by 25 pips. Price then retraced during Asian session back to 0.67050. I still anticipate a potentia...

  Hello traders and fellow chartists, here's a video breakdown giving updates on the pairs that I am currently actively trading and updates on the previous week's setups. It's been a while since I did a video analysis so here's an in depth breakdown of the trade setups. Enjoy!

  Good evening chartists, it's the 2nd week of the 4th quarter. Last week the quarter started with multiple opportunities in the markets with back to back targets being hit. Into the markets this week I am looking at USDCHF where price broke a major H4 supply zone at 0.85680 & 0.85330 which was the origin of the previous major drops to the major H4 & daily demand zone at 0.84000 & 0.83628. Price formed a higher high at 0.86000 with candle closes above the zone. Price retraced to retest the broken supply as new demand before a continuation of the rally higher. Took buy positions during London session at 0.85680 with SL at 0.85430. Setup taken is a rally base rally, a continuation setup and my target is at 0.86940. Price dropped deeper into the zone hence hitting my SL and taking out my positions. Price dropped inside the zone but failed to break below. Took buy re-entry positions during NY session at 0.85388 with SL at 0.85130.