EURUSD hits a buy zone with two pin rejection on 4H Time frame after taking liquidity at 1.07752 and broke a trend line along side with daily engulfed candle which could possibly indicate a buy retracement i expect to see a rise to 1.08628 also expecting a tap into the demand zone before rising
I have updated the entry and stoploss on EU. The TP remains the same.
NASDAQ wait for breakout and trade in the direction of breakout or place your but and sell stop. Manage your risk according to account size!
The market is currently in a weekly demand zone. This trade idea is to catch the weekly first reaction from weekly demand zone. If the zone gets to break 15 minutes/ 4 hour structure.
Previously UJ took a turn and retraced down to a respected daily supply/demand area @114.929. Currently we are looking at a continuation of the bullish trend, however we must first wait to see if there will be a breakthrough at the 4hr supply/demand area @146.504. If a breakthrough were to occur, wait for the closure above @146.504 price area. Once a four hour...
Hey Guys, feel free to copy me, This chart is for beginners and new traders who're trying to understand supply and demand a little better! This shows an up-to-date picture of AMEX:SPY as of 1:00pm EST 8/24/2023. You'll notice the green and red rectangles across the screen. I color coordinated them for psychology reasons for you (personally I have all my zones...
GBPUSD is on bearish sentiment expecting more sell off after taking liquidity at 1.27147 or 1.27410 in to the supply zone expecting GU to reach a target 1.26243 demand zone
Hi Traders! There is a potential rising wedge here on the GBPUSD chart; however, the market has been trading sideways for the past couple of days. Depending on its next direction, the market will either break the supply or demand zones. That being said, there is a bearish bias here due to the lack of upside momentum after the big price rejection spikes we had...
We have an unmitigated demand zone where the blue arrow is which caused the most recent BOS. Im going to wait till we get a pullback and move down to the M5 to see if my entry model plays out. If the market moves further to the upside I may try and play the pullback if I get clear PA
Regarding our observations, currently there are Absoloutly more buyers in the market. Two buy setups! After breaking 0.8560 The other is any reaction to the trendline! the second one is much mor riskier. Two shorting opportunities are the one after breaking 0.8490 down and the other is after reaching 0.8600
Our latest positions is still open. We expect a continuation first then a reversal from some pips lower than 1.3600. We will close all positions in case of breaking the ascending trend-line. We believe There are absolutely more seller in the market right now!
2 options here on the DXY monthly chart. Of course both zones could blow right through, but I believe price is going to either one of these zones in the next year. How do we know which way its going to go? By following the trend on the Daily and H4 timeframes
This is a continuation of my first post, please go read if you haven't. Price is inside daily demand, provided a reaction and then came back deeper to the H4 level that I had marked. Today the M15 internal structure changed and it's now bullish, suggesting that the pb is over and price is ready to move higher. The first target is the most recent H4 high and then...
expect a short-term long on taking the liquidity at 0.87361 in to the demand zone. target at 0.87914
the resistance level 102.751 DXY made a pull back from, giving a 4H bearish momentum candle i expect DXY to retrace to below 101.642 or 101.372 SSL
The daily has been in a range for the last 9 days but there has been some amazing trading opportunities. However, the H1 is currently doing battle between a supply and demand level and feel the outcome of this will determine where the market moves next. Im not fully bullish on this move until we break that strong swing high. My stops are at breakeven. Here...
Who knows what it stands for. 🤷 We like the chart. Clearly defined support and resistance zones for those to do what they wish. Volume dropping off. RSI indicating price action may come back down to the support zone for a retest. Looks good 🫡 trade safe!
This short is pretty aggressive as I'm going short at discount prices. As you can see during the asain session supply has been holding so I simply took the unmitigated supply zone as we are in this pullback phase. We have 2 areas of demand below where the market could push up from.