wave analysis liquidity price action market structure supply fake out
Gold price retraces up to after a brief jump from the monthly low $1622, as it dropped during early Thursday morning in Europe. Covid updates from China offered intermediate bounce for XAUUSD. A recovery needs validation from a two-week-long resistance line, close to $1643 to get short-term buyers. One week-old descending trend line offers immediate support near...
Hawkish Fed expectations, rising US bond yields, stronger USD exert pressure on Gold which hits two weeks low today. It is currently trading near $1636. The USD maintains its strong bid tone and seems rather unaffected by mixed US housing market data. It suggests that the path for the XAUUSD is to the downside. Gold below $1690 - $1677 has reinforced its existing...
Demand always rules supply. Always. BLUF: Short-term projection = TBD Mid-term projection = bullish Long-term projection = bearish to extremely bearish Traders, I have been quick to point out the tremendous amount of disinflationary data in my videos which leads CPI reports in some cases by as much as 6 months (i.e. -rent). Now, let's take a closer look at the...
After a big pullback in eurusd, we have a possible next bearish impulse
hello traders In today's session sell EurCHF to target the imbalance area
Please check linked ideas for context. 📉 Text marks: 🔹 IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL. 🔹 ph, pl = protected high or low, which holds current structural impulse. 🔹 bos = break of structure . Based on candle body close below/above...
*IRCTC* Time Frame: Daily Observation: * Supply Zone Breakout * Swing High Break * Mean (EMA) Diversion Resistance/Target: 814 908 1001 1062 Support: 688, Dynamic Support at 200 EMA
I am waiting for a slightly larger pullback as a liquidity grab to buy again.
Supply and Demand 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...
hello traders In today's session, I sold AUDJPY, the target level is 92.740 Analysis The price has reached a level of supply and we have a downward wave that does not close according to the theory of closing waves, we get a wave equal to it at least
Yen Basket has dropped and broken structure to the downside after price was made efficient after mitigating a lovely sponsored candle, price may break deeper so should be seeing bearish JPY short term.
Hi traders. On Thursday 22 of September, the Price actions violated rapidly the former support. It has not been checked and my bias has shifted to bearish, 'cause I take into account as a supply area now. The price action has been performing bullish impulse moves without significant correction. With positive JPY news, this scenario can be validated even...
Gold cliffs to gains amid fresh US dollar selling on Monday afternoon. Gold price is near intraday high, bounces off 13-day low, currently trading near the daily high, near $1664. However, any subsequent move up might still be seen as a selling opportunity. A sustained strength beyond the $1680 supply zone is needed to negate the near-term bearish bias. We expect...
hello traders With the market open, watch for the EurJpy currency pair for a selling opportunity to target the 140 zone
wave analysis market structure price action liquidity support supply
G'day, Breakdown: 1. Note 2. Contents 3. Research breakdown 4. Education recap 5. Information on Lupa. A note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged Short due to the overall monthly supply in control, until the opportunity of a rejection of the PCP has occurred or a long opportunity from a break and...
Hello friends This analysis depends on the type of movement in the coming days If we move up, in the first days of the week, the price will be stretched for 17900 But the opposite is also possible