USDJPY
Technical analysis
Cause, re-accumulation, equilibrium sequence between demand and supply between quotas , supply zone 144.942 & 141.566 demand zone .
Demand greater than Supply !
Implications,long!
Pattern Rally base Rally!
Effect generated by approx
1115 pips.
SL 138.948
Entry , buy! 143.759
TP 155.000
⭕ = circle
⏹ = square
🔺️ = triangle
Unit = ⭕ market
Polarity = 🔺️demand & 🔻supply
Equilibrium = ⏹ range ("the ratio between supply and demand is =")
PRINCIPLE OF DEMAND AND SUPPLY
The law of supply and demand
- here the analysts study the relationship between supply and demand , having as a reference point the price and
volume over a period of time as shown on the chart.
KEY DEFINITION
The law of supply and demand is of the utmost importance. If the application to
buy an instrument (currency pairs, stocks, commodities , metals, bonds, cryptocurrencies)
is higher than the available supply, the only way the demand can be met is
for the price to rise to a level that attracts enough supply to match demand.
When this point is reached, the price does not advance. If the offer to sell is
higher than the demand to buy, the only way the supply will be absorbed is as
the price drops to a point that attracts enough demand to absorb all
the amount. When that happens, the price doesn't go down.
Technical analysis
Cause, re-accumulation, equilibrium sequence between demand and supply between quotas , supply zone 144.942 & 141.566 demand zone .
Demand greater than Supply !
Implications,long!
Pattern Rally base Rally!
Effect generated by approx
1115 pips.
SL 138.948
Entry , buy! 143.759
TP 155.000
⭕ = circle
⏹ = square
🔺️ = triangle
Unit = ⭕ market
Polarity = 🔺️demand & 🔻supply
Equilibrium = ⏹ range ("the ratio between supply and demand is =")
PRINCIPLE OF DEMAND AND SUPPLY
The law of supply and demand
- here the analysts study the relationship between supply and demand , having as a reference point the price and
volume over a period of time as shown on the chart.
KEY DEFINITION
The law of supply and demand is of the utmost importance. If the application to
buy an instrument (currency pairs, stocks, commodities , metals, bonds, cryptocurrencies)
is higher than the available supply, the only way the demand can be met is
for the price to rise to a level that attracts enough supply to match demand.
When this point is reached, the price does not advance. If the offer to sell is
higher than the demand to buy, the only way the supply will be absorbed is as
the price drops to a point that attracts enough demand to absorb all
the amount. When that happens, the price doesn't go down.
Comment:
Tade closed 144.568, at 80 pips and I am waiting for a breakout with the formation of a rally base rally pattern for a new long entry!