Considering the supply area that has been identified, we expect the trend to react after hitting this area.
Considering the supply area that has been identified, we expect the trend to react after hitting this area.
When price breaks above, buy limit When price breaks below, sell limit
supply zone market structure price action trend trend chance signal
hello traders The sellers were able to break the wall of the buyers with strong momentum. If the buyers reaction is corrective, I will wait for a reversal signal from the support and resistance area or the supply area to take a sell trade to target the bottom
A Potential Bearish Butterfly Pattern is looking to complete at 147.95. A candlestick pattern confirmation is still as important as looking for a trading opportunity. Do note that on the higher timeframe, I'm still looking for a buying opportunity.(check out the related article at the bottom of the tradingview post)
BTC is showing the bearish momentum as it is on the supply zone with ENGULFING CONFIRMATION on H1 chart.
Gold was rejected at $1650 and currently trading below it. XAUUSD is under pressure and weekly low $1638 might be tested. We short Gold as long as it stays below $1660. Use money management and risk 1% of your equity when trading.
Considering the supply area that has been identified, we expect the trend to react after hitting this area.
Trade Idea: Selling Dow at market Reasoning : Selling on rejection from supply zone (32200-32500) and a bearish head and shoulders on an intraday basis(although not validated yet) Entry:32048 TP: 31138 SL: 32416 RR: 2.47 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses ....
USDCHF has presented a head and shoulder pattern after the break of the neck line. Price is pulling back for a possible retest and continuation to the downside
EURCHF has been correcting to the upside towards a supply zone after an impulsive move from the buyers. The correction face shows weakness from the buyers to push price further to the upside
Dogecoin’s (DOGE) price broke above a 2-month consolidation pattern, opening the door for an extended rally. This consolidation pattern projects a price target of around $0.10, which represents a 3-standard deviation move from the current price range or roughly 50% gain. DOGE Consolidation Pattern DOGE’s price fluctuations since August 26 fit into a rectangle...
28 OCT INTRADAY TRADE FOR TODAY AND ALSO FOR SWING TO HOLD TILL 200 EMA OR 901.00.\ First target 910.00 You can plan STOPLOSS according to pivots and the given stoploss is according to swing analysis
Supply and Demand Supply and Demand is one of the core strategies used in trading. It focuses 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...
AudCad potential setup to watch out on 4h chart. Expecting a potential bounce on a demand zone or if shoot through a potential break and retest .
Looking for more downside if we break below the 3790 level. This would take us to the next zone of 3757 to 3742. Alternative is we find the offers hold the 3790 level and head back towards 3826 to 3834 for further testing of the upside range from the beginning of the week.