Demand_zone
AUDNZD 4h Demand - Long in the context of daily uptrendAll Trade Parameters shown on the chart. We face a level on top of level scenario. In order to have a higher risk : reward ratio we will only trade the lower demand level. Both levels can be combined as well, however stop loss has to be below lower level.
The Sherwin Willings Company long at weekly demand imbalanceThe Sherwin Willings Company #SHW long bias at weekly demand imbalance. New weekly demand zone created around 346 for long term positioning very strong bullish impulse. Previous weekly demand level around 335 played out nicely. There are several options to plan this long trade at weekly demand imbalance, buying the underlying stock and protection with a married put option, buying a long term call, etc.
XAUUSD 4h Demand - Long is part of HTF weekly and daily DemandI am not saying price will go there at this stage. All what it means is that right now this demand level is the first demand zone where we can engage in a long position. before that right now - NO LONGS! If price will go there i expect a huge bounce to the upside since the 4h demand level is covered by a daily and weekly demand zone.
TSLA weekly Demand - Long in the context of a monthly uptrendAll Trade Parameters shown on the chart. Long setup in weekly Demand. We trade the monthly uptrend. I do not expect a Higher High at this stage (that is why we do not have a third target). Second target is placed before the opposing weekly supply Zone.
GBPCAD 4h Demand - Long in the context of a weekly uptrendAll Trade Parameters shown on the chart. Long setup in 4h Demand. We trade the weekly uptrend. We face a level on top of level scenario. You can play it either way: Both levels together, only lower level, or 50% of your position on the upper and 50% of the position on the lower level. However in all cases your stop loss must be below the lower level.
GBPCAD 16h Demand - Potential Bear Trap All Trade Parameters shown on the chart. Long setup in 16h Demand. Wider version is touched. Not completely fresh anymore but still high quality. Could also be a bear trap: Above we have daily support if it breaks retail traders go short. Below we find a high quality demand zone with unfilled institutional buy orders sitting to move price higher.
AUDCHF 16h Demand - Covered by high quality weekly DemandAll Trade Parameters shown on the chart. We face a level on top of level scenario. In order to have a higher risk : reward ratio we will only trade the lower demand level. Both levels can be combined as well, however stop loss has to be below lower level.
Longs at GBPPLN weekly demand level around 4.65Forex exotic GBPPLN is rallying on the weekly and creating new demand zones for potential longs. In an uptrend supply imbalances are removed and demand levels and zones are respected. Very strong impulse creating a good looking weekly demand level around 4.65 price area on GBPPLN Long bias!