Quick BTC update ahead of this evening's FOMC (Interest Rate decision) my perspective still remains the same on Risk assets since my previous multi timeframe updates - i have linked them below for further reference. On the 4H TF we can identify price has formed equal highs and started to consolidate in the form of a bullish wedge. Above the EQL highs is an area of...
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...
Confluences include ; 15M bearish trend + Recent pullback to a defined supply zone.
Hello friends. i saw a big and bad shape marobuzu candle. did you see it? we back under MA55 and after a pullback to it (22100 level) i think we should preapre to breakdown 20500 level and go toward 19000 again. please control your Risks. Protect from capital is the first step for any trader and investor. be patience... we dont have good economic conditions. and...
Hello traders, Gold price fell more than 2% last week. The declining gold price trend stems from the stronger US dollar and increased prospects that the Federal Reserve will continue it’s sharp rate hikes to tame inflation. We consider selling xauusd after retracement higher and a price action signal, near $1675 supply zone targeting $1650 and $1630. Based on...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on WEEKLY: Left Chart GBPCHF is approaching a supply zone in green so we will be looking for sell setups. Knowing that GBPCHF can still trade higher inside the zone before going down. That's why we don't sell blindly, we always zoom in to lower timeframes and wait for the...
According to the price reaction to the specified areas, we expect the price to move in the specified direction.
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 ....