Projection based on Elliott wave theory, support and resistance as well as supply and demand. Buy area is 14,3-15,7 with right price action on daily and weekly with target above all time high.
Posting another quick update here on the SPY as a lot has transpired in financial markets over the past few months, yet buyer and selling continue to dictate the price action in my opinion. On the 4-hour timeframe, the SPY is oversold and has formed a bullish ABCD Elliot wave, while also holding a falling wedge within a bearish megaphone. On the daily timeframe,...
Hi guys I'm back updating my gold scenario. In my yesterday analysis, I highlighted area 1954 as a supply level , being tested multiple times was broken during Mr. Powell speech. leaving us with only one immediate area ,1978 as a supply zone. But since underlying fundamentals are bullish I need to confirm my entry in lower time frames to go short otherwise it's...
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Hi Guys, I'm going to update my analysis on gold. Yesterday after touching our demand level at 1964 price rallied up more than 200 PIPS which was absolutely amazing. Now today I'm back with new setups. Area 1979 - 1977 is an fresh area which has not been touched yet so price could react to it and give us a good trade. If price passes through that next area...
hello traders: Today I will show you how to draw supply and demand with support, resistance and order block. If you have any questions, welcome.
This is a backtested and optimized trading system for trading the E-Mini contracts. You can also trade the entire futures market with the TrendCloud System. Let's go over this winning trade together.
4 hour TrendCloud Crossover 1 hour TrendCloud downtrend 30 min supply zone. CCI is slightly against us but we are taking a 1% risk on this trade to the downside for a 2:1 target.
Hi guys, I'm back with another gold analysis. Price yesterday surged from the 1954 demand area(in last analysis) all the way to 1976 which exist a supply zone. Currently price has been under the 1976 supply area and has tested it multiple times already. If you pay a close attention there is a hidden demand area "1970-1968" which is only evident in lower time...
Hi guys. This time I'll be looking into NZDUSD. The Currency has been rallying up since yesterday and today reached our supply area for the second time. Last reaction to the zone was considerably good and this time could same happen. In addition to the supply area we have the broken support which turned into resistance. So with these clues going short it's...
1) EURUSD is on a daily retracement, which means that there's a good probability that the H4 will continue higher until it reaches a daily supply area. 2) H4 Structure is bullish and despite the strong reaction to the supply at the top, buyers already pushed the price up and it retraced more than 50% of the last move. 3) If price breaks the level around 1.0534,...
Hi Guys, I'm back with another analysis on gold, In my previous analysis I had 1972 area as a buy zone which this morning reaction happened and on it's way back, area was breached leading to a hidden demand area at 1964 which indeed considerable reaction happened there. Second time coming back there you could take a trade provided that lower time frame confirms...
Considering the recent bullish momentum in the oil market, characterized by a clear market structure of establishing higher highs and higher lows while respecting to a short-term bullish channel, we anticipate that oil prices will rise from their current low, as depicted on the chart. In addition to the bullish channel, there are other bullish indicators on the...
Hello, traders and friends. Let's analyze the GBPCAD chart, where we believe there might be a compelling selling opportunity. In the Daily timeframe, you can see that the price has already broken the market structure to the downside. Since the low formed on September 28th, we've been in what we believe is a bullish corrective phase. Consequently, we are now...
The price of gold currently traded at 1977. And the last high is 1997, if price break the resistance directly then gold price further go up 2040 1TP, 2075 2TP. but in case of some retracement price go down ant 1950-1955. and then 1930-1915 that is most demand zones, then further go up. that's mention in chart.
The price of btc traded at 30950. And the resistance at 31600, also have supply zone. Market stay there and the down to 28500, that is demand zone. And create a faire higher-high, higher -low pattern.
Market traded straight back into the monthly supply zone. Even though this trade idea is about a short back to 15 it will generally take a whole lot of fundamentals to play in favor of ZMW. I personally expect market to stabilize in this zone. Market closing above 22.6 on the monthly Time Frame is not what we want to see as it would trickle to market creating...
Hello traders, Since it's Friday and regarding instability in the middle east that could be spread to the world, we decide to set a mid-term trade! Fundamentally EURUSD is going to be bullish: There are no basic data releases during the American session, so all attention will be on the speeches of FOMC members Patrick T. Harker and Loretta Mester. Given that...