DBD
GOOD SUPPLY ZONEThere is many several type of zone in supply and demand trading method . One of that is DROP BASE DROP or DBD . DBD is type of countinuation base . characteristic of DBD is when the bearish movement is continue after a drop . the significant of this type of supply base , we can determine where is the good price to enter the position after the price reach the zone . AT the chart we can see the price is pushing downward after reach the DBD zone .
UsdCad Mullti scenarioBear trend, looks like bear flag/DropBaseDrop
if not it will most likely come up to that trend line, reject and SHORTS AWAY
Risk reward should be pretty good at that trend line, potentially 1:1 if trading breakout from current congestion zone
AUDUSD 60m SellScratch my previous post about the #AUDUSD short. I notice a better supply level (green) just above it for a weekly income with an entry of about 0.72481. #forex
AUDUSD Hourly thoughtsCurrent thoughts on Hourly AUDUSD.
If you have any charts on AUDUSD and if you also trade Supply and Demand in the terms of FTR, FTB etc. then please Message me on tradingview or instagram so we can link up!
Also please let me know if i missed anything out on this pair, there is always more to learn!
Instagram : @ThatYoungTrader
AUDCHF Daily idea for coming week.AUDCHF is in a nice uptrend right now, yet it hit recent highs not too long ago and then made a nice drop back down to demand, Price is going back and forth right now in between a range, both Sell and Buy oppertunitys can easily be grabbed on Lower time frames. AUDCHF could go up and if it breaks the previous highs we can see a significant increase in price. Yet it is also very possible to drop lower from this point, this could also be to grab more liquidity for the upmove.
If you have any charts on AUDCHF and if you also trade Supply and Demand in the terms of FTR, FTB etc. then please Message me on tradingview or instagram so we can link up!
Also please let me know if i missed anything out on this pair, there is always more to learn!
Instagram : @ThatYoungTrader
