daily picture of gold, analysis based on supply and demand analysis. looks like we have banks/institutions above in supply and buyers in demand below.
please see picture for analysis. we also have support and resistance trading this....interesting chart setup..
please refer to chart for analysis... based on location of price im bearish.
daily chart based on supply and demand concept, we have broken trend lines in a sideways market. looking at fresh untouched supply above and demand below. we have tested supply in the middle but i did not want to mark it down as its not fresh.
looking here at the GBPJPY daily chart. We had a breakout of the range/support line. breakout traders are getting short but based on my analysis they are getting short right b4 demand.
please refer to chart..but with price in monthly supply at the extreme im looking at a weak BTC right now. for the short time .
refer to picture for analysis..cheers
Hey guys its been a while for a post but here is a interesting opportunity on EURCHF. With price in a Weekly downtrend and price is back into weekly supply we are looking at the next move down. im personally looking for shorts at this level.
looking here at eursgd daily chart. supply/downtrend. looking at a weak eursgd chart and a good opportunity for selling.
just randomly searched up Microsoft on the chart and this jumped out at me straight away.. with price at these levels in supply im looking at a weak MSFT even bearish the whole market.
looking at the structure of the swiss, selling might not be the best option right now. with price very low into the squeeze and price in weekly demand (tested) might see a stronger swiss over the next bit on the higher time frames. its important to know who is taking the opposite side your your trade.
looking here at the daily chart of USDJPY. we have price hitting the upward channel and price also hitting demand. its a decent place for buy orders to continue up the trend.
we broke the range ive been talking about for the past couple months. the daily demand that was holding price has now broken. we still remain at the bottom of the monthly demand so this daily demand is the last defense. with price at tested monthly with downward pressure im thinking of price we respect the demand for a bit b4 we get that last push down.
CHFJPY daily chart analysis, price at daily uptrend. i took a short in supply and will look for buys at demand (why?) because more buyers in that area so i want to buy.... that simple
looking here at the gold daily chart using supply and demand, for the short term im currently bullish with price at daily demand.
With price down at Weekly Demand (DBR) im bullish the USD, with USD in demand its a plus if we can find other USD currency pairs to match up with it.
here we are looking the daily chart of silver. all markets have been going up over the past 3 weeks. lots of FOMO coming into the market now. here we have a daily uptrend looking for pullbacks to join the trend up.... no need to fight the trend. Buying will stop once we hit daily supply, in that case i will look for short term shorts in that area.
Picture tells it all, looking for income trades.