EURAUD NEXT MOVEConsidering the price reaches the demand area, we expect to see a downward trend after hitting this area.
Demand_zone
Eur/chf buying opportunityFour confirmation
Rsi print bullish diversion
Trendline breakout
Heavy demand zone 0.98
Double bottom pattern create
Highly chance for reversal
Happy trading ☺️
DYDX/USDT : Located above the Demand zoneBINANCE:DYDXUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$DYDX is currently moving above the 2H's Demand zone and the lower lows (Based on the current wave) are located nearly below the Demand zone.
Looking good if we sweep out the Demand below!
Trade is based on invalidation, So I made the Stop-loss quite near to the lower low...
You can enter on partial entries at $2.20 - $2.15 - $2.10
- Set stop-loss as an active close below on the 4H time-frame.
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
Dow Jones - Dji Technical Analysis ChartDow Jones - Dji Technical Analysis Chart Update
Time Frame : H3
According to the Patterns in Long Time Frame ( LTF ) we can see it in Bearish Channel pattern that means it has to Follow Long Term Buy Trend and it has rejected from the Lower Trend Line ( LTL ) and Heading towards it Upper Trend Line ( UTL )
Secondly we have Elliot waves here and it has completed the Bearish Impulsion ( 12345 ) corrective waves and now it will head towards it corrective wave ( ABC ) and will Follow Buy Trend
Bearish market is changing the rulesIt seems like all trading rules are out of control in this bearish market. One of the Greatest investors of all time Warren Buffett said "be greedy when others are fearful; and be fearful when others are Greedy" this rings true in the mind. However Buffer was an investor & not a traders. the rules differ or both games.
THIS IS ONE OF MY BEST & MOST PROFITABLE trades.
short term (W) is in correction while longterm (M) still technically in uptrend. price comes into the DZ which is the HL (Higher Low) of the
longterm (M) chart. provide low risk entry & high profit.
It seems in this market nothing hold true. As the price broke through the DZ. I followed my rules and took the Loss.
If there is a lesson to carry. the DZ was tested (in the dark square) this basically weakens the
DZ. One of my first trading teacher compared a DZ to a door. the more you knock on the door the more likely it will break down. This DZ door has been knocked before. it broke & the door opened. A better trade enhancer would of been a fresh untested DZ
ETHUSDT wants the demand zone?We are locking more than 19% since my first idea. At the moment the price lost the support and retest it as new resistance on 0.5 Fibonacci level.
The price could have a new bearish impulse and breakout
How to approach?
IF the price is going to lose the support and retest it as new resistance, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
1INCHUSDT is testing the support
The price is creating equal lows on the daily timeframe on 0.9$.
The market creates a demand zone on 0.75$ where the price could get new liquidity in order to create a reversal trade
How to approach it?
IF the price is going to lose the support, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
MATICUSDT wants the demand zoneMatic lost the 4h support after the breakout from the ascending triangle and now the price is going to retest a big demand zone on 0.3$
How to approach it?
the price could get new liquidity in order to create a new bearish impulse until the demand zone. According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
The infamous Trend Reversal Trade The Trend Reversal Trade, can it work? I have been trading the market for 10 years & the statistics in NOT in your favour, this type of trade has a low probability & trading is a game of stacking the probabilities in your favour. this is to be distinguished from investing; which is a whole different game.
Back to the infamous Trend Reversal Trade. This is the trade where most average home managed investors loose their money.
Lets put this into practice. Imagine following: A good name stock price is over
selling or maybe crashing with over balanced selling right into a demand zone. like WEED in this example on a (W) chart.
The investor buys a LNG position & thinking he purchased a Good company stock for a good price,
isnt that what balance & income sheet based fundamental trading teaches.
Now, all one have to do is wait for the trend to reverse price goes up & big profit. expect that a big pay off does not come, hope is mislead by a bounce in price due to the demand zone. before the prevailing trend continues its down fall beyond your ENTR price, the emotions kicks in & you are in the red profit zone.wtf.. I hope you had a stop loss in place. If you are following me those far, those trades are dangerous..learn from my many mistakes..Fuc*king Hope
What was my mistake? expecting a DZ to reverse the dominant trend & while this does frequently happen, and it is how market is created. but the futility is in the assumption that you can gauge the top or the bottom before the trend changes. I learned to wait for the trend to change without me then i ride the new trend. much like surfing a wave. ride the wave & trade the trend.
NEARUSDT needs the liquidity from the Demand Zone
The price is going to retest the demand zone between 2.5 and 5$ here the first bullish impulse started.
On the weekly timeframe, the price had a double top on 20$ and the market melted until the demand zone.
On the 4h timeframe the price is going to create a descending channel above the demand zone.
How to approach it?
IF the price is going to get new liquidity from the demand zone, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
Bitcoin overview marketDuring these days, Bitcoin made a crash during days as U.S. Federal Reserve made a hike interest rates a signal of tightening the U.S. Dollar in Forex market.
So, I was worrying in the Daily timeframe because broke down the EMA 200. And I suppose a possible bearish movement in Bitcoin price below $30,000 USD. But notice one thing that we're in the demand zone on weekly timeframe and it's important to know how the price action will make reaction in that key zone to watch out.
For example: in weekly timeframe it's look bullish, until doesn't broke down this market structure, we couldn't to confirm a change of trend. But fundamental analysis speak us that U.S. Dollar it's taking strengthening as global currency and more power
But it's important to watch out this key level of supply demand right now
I hope that this idea support you.
So, as I'm bearish in altcoins like Cardano and NEO, that expectative could to point that Bitcoin could to crash more than we expect. I have a clear mind that Bitcoin and cryptocurrencies it's in the bear market.
ZECUSDT wants to retest the monthly supportThe price lost the daily support and once is going to retest the 1.618 Fibonacci ext.
The price could create a bullish impulse until the 0.5, 0.618 Fibonacci level grab the liquidity in order and retest he monthly support on 85$
So, how we can approach it?
IF the price is going to have a breakout until the 0.5 - 0.618 Fibonacci level and the price is going to satisfy our rules, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
NQ Power Range Report with FIB Ext - 5/6/2022 SessionCME_MINI:NQM2022
- PR High: 12890.75
- PR Low: 12847.50
- NZ Spread: 96.75
Evening Stats (As of 1:05 AM)
- Gap: = N/A
- Session Open ATR: 444
- Volume: 33k
- Open Int: 236k
- Trend Grade: Neutral
- From ATH: -23.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 14675
- Mid: 13500
- Short: 12390
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
COPX Lets take this trade together. I have been asked to show a trade opportunity am about to take & share it with you. All of the trades i have posted previously were trades that i have executed in the past, so this is something new. So, what are the possible outcomes we can expect
the price may never come to our DZ entry
the price may come into our DZ, we take the trade & the STP is triggered
The price may come into our DZ, demand holds the the trade goes our way
This (W) chart shows a LNG trade i took in Oct-2021 with a tight STP
below the DZ, in Blue arrow
The Red arrows above show the two profit targets, reached
& I CVR all positions.
For This week trade, am waiting for price to ENTR the DZ HL(W),
i have an alert set. if price was to enter this zone, then
I will evaluate trade's odd enhancers, like
- unbalance selling into the DZ
- candle formation in the DZ
- Price Bollinger bands & moving average
Based on the odd enhancers I have, i will decide to
the LNG ENTR
GRTUSDT is testing the supply zone as resistanceThe price is testing the weekly resistance after getting the liquidity as I told you in my previous idea.
on the 4h timeframe the price is creating a descending channel below the 4h supply zone where the price got a rejection.
How to approach?
The price needs to have a breakout from that area and flip the supply zone into new demand zone. so According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
Unmitigated demand over there I want to see a mitigation before the push up...
After a clear Choch and on the HTF ,its a mitigation from a previous Demand POI ...
CHR NEW ATH SOON???Chrr barely touched weekly demand zone and reacted pretty well from it.
Homever I think it will come in it again and have retest of it. There is very small chance that this zone will get broken and that chr will fall below it.
For long investments its good to buy whenevr it comes in this zone( you could go for middle entry or for top)
But for futures traders that want to get swing trade I wouldnt recommend using biiger leverage than 3 because risk to reward ratio is already pretty big even without the leverage.
THIS IS NOT FINANCIAL ADVICE ,JUST SHARING MY OPINION!!!
VLXUSDT wants the new liquidity for a new bullish impulseThe price had an impulse after my previous analysis and now the price is testing again the dynamic support on the daily timeframe.
On the weekly timeframe, the price is going to create a triple bottom on 0.2$.
the price has a Demand cluster of 0.20, and we could see a spike on it in order to grab new liquidity for the new bullish impulse
How to approach?
We are monitoring the price, the price could have a bounce on the weekly dynamic support and get liquidity for the new breakout from the daily resistance on 0.23$
According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐1
KDABTC IN A GOOD POSITION!!!!A analysis conducted on KDA shows that since November 11, when it started to drop, gradually, the momentum of the fall has decreased and the size of the candles has also decreased , which means that the power of sellers has decreased and the presence of buyers has increased.
Due to the small candles that were in the last fall, most candles are decision candles.
considering that the sellers did not have the power to create a new Low and the price is in a good daily demand zone, buyers are expected to try to hit TP1 in the first stage. After a short rest, go to TP2.
BTC BTC is attempting to break this triangle upwards
The Green Zone is a monthly demand zone (supply & demand)
EURCAD IS IN BUY ZONE THE CUREENT PRICE IS ON STRONG DEMAND ZONE1.38842 is best price to buy trade for weekly trading
GBPAUD Demand Set-upGBPAUD has managed to break structure to the upside then form a strong pullback into the previous demand zone.
While this zone has been tested a few times, if we see on the lower timeframes elements of bullish behavior, we should look for opportunities to go long.
