Supply and Demand is one of the core strategies used in trading. It focusses on the ancient laws of supply and demand and how price moves in a free-flowing market. The foundation of this strategy is that the amount of an instrument that is available and the desire of buyers for it, drive the price. It identifies zones on the chart where demand overwhelms supply (the demand zone), driving the price up or where supply overwhelms demand (the supply zone), driving the price down. Most supply and demand traders wait for the price to enter these zones, where major activities of buying or selling have taken place, before entering a long or short position themselves.
It makes sense to buy at a demand zone and to sell at a supply zone, but keep in mind that fresh zones are more effective than retested ones. They can be used as entry zones for a continuing trend or as reversal zones for a changing trend. Trades can be made aggressively or conservatively, each with their own rules of entry and exit. TradingView has a smart drawing tool that allows users to visually identify these levels on a chart.
GBPUSD 30 mins Supply zone
and Bearish Engulfing Candle.
Sell gbpusd now, Price Action shows bearish signal after
testing the supply zone.
SL: 1.3308
TP: 1.3230 / 1.3180 / 1.3140
We have seen strength today in the crypto markets, including Etherium versus the Dollar. You will note that Bitcoin and many other alt coins are forming a rising wedge formation. This is a bearish chart pattern.
Etherium in particular has just made a high high, yet a lower low on the RSI indicator. This is also bearish signal. Volume has also been decreasing, ...
Bullish bias
Late to long at this moment.
Structural Bullish
Could wait at both 130 support for long or 133 for short trade.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be ...
These zones are calculated using Fibonacci Ratios of past price moves.
Fib extensions and retracements are projected forward in time and price.
If price bounces or reverses, it will probably do so at one of these zones.
Some zones will match previous highs and lows, since Fibs are derived from the extremes.
Some zones will not match anything previous, but they ...
Price made a retest to the bearish trendline before making its way up. Looking for a buying opportunity at the demand zone in confluence with new bullish trend. Wait for price to enter demand zone before setting a buy stop @6385.00 . Stop loss goes below previous support, and target is 200 satoshis. Decent risk/reward of 2
The market maker has absorbed liquidity (buy stops) below the bullish orderblock that price has traded through. To avoid trading straight from orderblock, wait for a price to trade through orderbreaker that was used to take out the stops below bullish orderblock and find support.
Long-term deal
Expected profit ratio between 150% to 300%
Price goes by chance (assembly stage)
Buy from current prices with pending purchase orders
In stages 3,000 Satoshi, 2000 Satoshi and 1000 Satoshi
The first target is 0.00100000 BTC
The second target is 0.00160000 BTC
For the long terms, the SPX is getting close to his last record at 2880 zone.
This high level is also a great supply level of sell position, seems there are
Many unfilled orders waiting there from the last drop, i'll wait for the
Price to hit that level and i'll sell there at 2850.00, my target will be the
Support zone below.
The5%ers – Highly Rewarding ...
Long-term deal
The price is now above the rising trend line
The resistance line is expected to reach 8200 Satoshi, a strong resistance zone
It is possible to rebound from them again and then try to climb to be a rising triangle
In the event of a breach of the resistance zone 8200 Satoshi and stability above it will be purposeful
Resistance zone 11172 Satoshi and ...
