Tata steel take resistance at the demand zone Create double bottom pattern Trend negative
Hi everyone, let's take a look at the 1 day DOTUSDT chart. Let's start with the fact that for some time the dot price has been moving in the channel marked with blue lines, which can be potentially used for short-term plays. But let's see that the bottom of the current channel is also a support zone for the price from $ 6.28 to $ 6.13. If it is possible to exit...
Looking at the market. I can see that the market left some liquidity after forming a double top that was making the last wave of the retracement. (look at my last two ideas to see the retracement I'm talking about.) Now as the market has shown some sign of a change in trend (BOS & choch), I believe it retraced to close the imbalances on Daily Frame for efficient...
Entered this setup with a sell limit after NFP. Supply trading.
This lila zone is interesting for me. I will enter with my predefined criteria IND before and BOS confirmation entry with Momentum in a lower timeframe in the area.
hello traders Gold is under the control of the bears until it breaks the level of 1700.500 The reason is that we have an increase in selling momentum and the recent rise was somewhat corrective and a distribution process occurred and there is no strong reaction from buyers, so I expect the price to drop to a price level of at least 1700.500
Price recently reached the 1.53546 resistance , tried to break it to upside but failed ! there seems to be a selling pressure on the pair ! i expect the price to move down to the lower limit of the given Channel . my next Target is 1.49800 !
We are in uncharted territory with Tesla printing new lower lows. The Twitter acquisition in the making we could potentially see a lot more volatility tomorrow and Friday. We have been in a bearish sentiment and trading within this channel as of 10/3. I am anticipating more bearish action with my first TP at 235.00 if the 240.00 zone is broken if we break...
This is just me thinking out loud on a very simple approach to trading "Snorex" (Forex) :)
Note - Yellow boxes are key areas on 1 hour timeframe and orange boxes are key areas on the daily timeframe. We can see already these zones have been rejection zones in the market previously, at the moment we are looking to see either a gap above the next rejection or a draw back into the previous rejection now turned support. Majority of the time we are...
I expect to sell by meeting the supply and forming a bearish block
hello traders In today's session, I am selling gold to target demand levels Analysis The price has reached the supply levels and there is a response that is now forming a correction to the downside. After its completion, we will get a bearish impulse wave.
Price after bouncing on the supply zone, it broke it to reach, finally, 1.0000.
WTI amazing as always. Price, after the breakout of the pattern, started a new uptrend.
GBP/JPY trend continuation. Price bounced on the demand zone before continuing the bull run.
Gold reached our target after covering all the left imbalance candle.
US30 continued the trend after facing the supply zone. Once reached the supply zone, the price rejected it, but then it broke it to reach a new target.