I'm setting and forgetting an entry on a supply zone very high on the curve that is already in a down trend. The leg out wasn't explosive but it did leave a 2:1 from entry. The relative strength has the CAD at the strongest on both the DAILY and HOURLY charts, while the AUD is either the weakest or second to weakest on both time frames. There is a demand zone...
berikut struktur timeframe H4 dari XAUUSD. Semoga bermanfaat.
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I found a supply level that was hit last week. The price is currently in a consolidation.
I waited for a confirmation (candle formation) before entering the trade. The confirmation was a engulfing candle on the D1 Chart.
Below the indicated supply zone, a demand zone has formed, which now has to be...
If price rally to 75.064, I have an entry there waiting, spotted on the 4hr time frame, with a high probability chance of sending price right back down because the Yen is very strong on the higher time frames while the Aussie has been weak for weeks.
Once price reaches the Supply Zone (SZ) at 61.06, I expect a drop down to the next respectable Demand Zone (DZ) at around 57.86. I'm prepared to bail out at the first target (T1.) at 58.79. It says that price is up-trending but on the Daily it shows that it is actually down-trending.
I have reason to believe price will be heading down. It reached the Supply Zone but cannot break through it. Also, there is a resistance line that price didn't close above yet within the zone. Now it may not reach 3:1 RR target because of the DZ waiting there. The DZ was violated, buyers were in control for a bit. So, there are buyers for sure. But the price...
ABB Limited provides power and automation technologies. The Company operates under segments that include power products, power systems, automation products, process automation, and robotics.
although this company is above my $10. nonetheless, this zone is well nested and willing to go short
If price reaches 0.00464, there is a high probability that it will drop from that hourly dbd supply zone (green) for at least 66 pips. It also helps that the hourly dz stems from a DAILY demand zone (red), price just broke through hourly uptrend line (green) to start a downtrend and there seem to be more sellers than buyers.
A Supply Zone and Demand Zone (both blue boxes) I just noticed on the AUDJPY 15min chart. One will certainly trigger. I have more faith in the SZ since price broke so many levels to create a reversal, not to mention breaking my green trend line, which was created on the 1h. If price returns to that zone, I expect it to continue the drop. And maybe there are enough...
Following yesterday's analysis, liquidity cleared on the upside as we had speculated. Price did not reach the Upper block not allowing for an optimal short opportunity.
Liquidity now rests on the downside. Market will either dump from here or try reaching the upper block. Daily close will indicate our next moves.