Demand Zone
AUDJPY: Buyers IncomingPhase 1 has now been completed from my previous analysis.
Price pierced the zone I wanted and pushed even lower to manipulate the order block.
Now we have had liquidation from both sellers and buyers, the true move can enter the market.
My gut tells me the true move is a buy but only the market knows.
Polkadot $DOT Price breakdownThis is a price breakdown of BINANCE:BTCUSDTPERP based on Smart money concept in combination with Supply and demand and candlesticks.
By using the following:
- Fractals Period 2: major and minor high and lows were identified.
- Trend Change and break of structure were drawn to identify the trend.
- Supply and demands zones were identified by using reversal patterns such as engulfing candlesticks to ensure area of entries and exits.
- Fair value gaps were identified on the charts to identify future reversals.
I believe after market shift formation, Price tends to break the structure to revisits previous demands and supply zones. In this case, It is around a demand area which may indicates a possible bullish signals.
Entry and exits with stop loss are drawn.
Potential Long Opportunity on CHFJPYPrice action context clues have printed an opportunity for reversals to the upside within this zone that it is currently dropping into.
If price action begins to show exhaustion at this level, then a reversal could be likely to happen.
Exhaustion presents itself when you see wicks into the are but there are no candles breaking the level.
Multiple wicks into an area that you have mapped out as a trade entry further validate your analysis and you should take the trade.
Liquidity is being sucked from that area for a move to the opposite way.
Wait for multiple wicks into your area of interest before you decide to pull the trigger for you trade.
Manage your risk and keep a cool head no matter the outcome of the trade.
Winning streaks can create ego, recklessness and over confidence, losing streaks can create fear, timidness, uncertainty, and hesitancy.
Believe in yourself, trust your analysis and maintain zen in your life on and off the charts for best results.
Happy trading!
EURCHF I Best zones to trade this week!Welcome back! Let me know your thoughts in the comments!
** EURCHF Analysis - Listen to video!
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FTM Strong Support Ahead 🏹 Analysis #13/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on DAILY: Left Chart
FTM is overall bearish , however we are approaching a strong demand and support zones. So we will be looking for buy setups on lower timeframes.
on H4: Right Chart
FTM is bearish from a short-term perspective trading inside the falling red channel.
🏹 Trigger => for the bulls to take over, we need a new high to form and then a break above the upper red trendline and red zone.
Meanwhile, until the buy is activated, FTM can still trade lower till the 0.27 - 0.30 support zone .
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CADCHF Update I Potential bounce from pandemic lowWelcome back! Let me know your thoughts in the comments!
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Ethereum Important supply & demand zonesI am a time traveler and I come from the future. This is a story that is told to our children.
Once upon a time, there was a cryptocurrency called Ethereum. People who traded Ethereum watched the price carefully. They noticed that when the price reached $2300, it would go down, and when it reached $800 (if $1200 didn't hold), it would go up. But something strange was happening. Banks were playing games with the money, and the range wasn't behaving normally. People watched and waited for a big change. Finally, the price went down a lot, and people who were watching carefully made some money. They learned that it's important to pay attention to the price and the key levels, even when things are strange.
We are in this range now. As long as $1200-$1350 holds, I believe will get to the $2300-2500 target this year. If that $1200 level fails, I think ETH can drop quickly to $800 which would be a 33% drop. Watch that weekly hidden bearish divergence (in white). It may be a significant sign of weakness if we don't get back into the diamond I've been discussing for a week or so.
📊 DBR & Demand Zone📍 What is Drop Base Rally in Trading?
The drop base rally pattern in technical analysis is a chart pattern that appears when the market falls, then enters a period of sideways price action, and finally, shows explosive upward movements. Market makers open buy orders from demand zones to have a long position in trading. This is some kind of study for technical analysis known as DBR. These patterns are the basis of supply/demand logics. In the showcased example, after a steep drop, the sale finally stopped, leaving bulls the option of buying at lower prices. However, purchasing power at that point was insufficient to reverse the market. Instead, the market starts moving sideways because neither buyers nor sellers could defeat the other party. Eventually, the price action entered the demand zone that was formed and recovered back to higher prices.
📍 How to identify Drop Base Rally pattern?
The drop base rally pattern contains three waves. As shown in the figure above.
🔹 Bearish wave: Drop
🔹 Sideways wave: Base.
🔹 Bullish wave (rally).
📍 Demand Zone
A demand zone is a price level where a significant amount of buying interest or demand for an asset is believed to exist. Traders use demand zones as potential areas of support where buying pressure could increase, causing the price to rebound or reverse. As shown in the example above, we entered a long trade once the price action reached that demand zone, with the entry being inside the zone and the stop loss below the zone.
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GBPUSD | Perspective for the new week | Follow-upIn the absence of high-impact events from the UK this week, the anticipation of the testimony by Fed Chair Jerome Powell on Tuesday and Wednesday as he delivers the semi-annual monetary policy report to lawmakers is on everyone's radar. Obviously, his comments will shed light on whether stakeholders are in tune with the central bank’s view on how high it will have to raise rates to knock down inflation. From a technical standpoint, this video shed light on what to look out for in the charts as bullish activities from last week's trading session may linger into the new week.
00:48 Reference to last week's daily commentaries and results
04:27 GBPUSD Technical analysis on Daily chart
04:35 Macroeconomic events to look out for the week
10:12 GBPUSD Technical analysis on 4H Timeframe
12:40 Conclusion on next week's expectation on GBPUSD
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPJPY I Potential bounce from demand zone 🚀
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GBPUSD I Local buy to 50% fib of bearish impulseWelcome back! Let me know your thoughts in the comments!
** GBPUSD Analysis - Listen to video!
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POSITION TRADING: SHORT AUDUSD. TARGET 0.58000TRADE TYPE: INSTANT ENTRY SHORT
TRADE DIRECTION: SHORT
TIMEFRAME: WEEKLY
ENTRY PRICE: 0.66550
STOP LOSS: 0.73400
TAKE PROFIT: 0.58000
RISK TO REWARD: >1:1
ANALYSIS: Price broke the demand zone / support and is likely looking to aim for upcoming demand zone / support. stop loss ideally placed @ 78.6% SWING FIB RETRACEMENT.
Follow this thread for any future updates regarding this specific trade.
CAUTION: Trading outcome is Probability Based and could wipe out your account if risk management and strategy is not followed properly. Cheers
BTCUSD:Bitcoin Something Big is cookingCME:BTC1! BINANCE:BTCUSDT
Hi , Trader's , As you can see in Graph , Bitcoin Is at Major support zone
Last 15-20 candles closes above demand zone
Price is trading in Low volume zone
As today is FED new's So expecting Big Movement
Price can shoot up and can hit the upper resistance
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AUDJPY I Intraday long from demand zoneWelcome back! Let me know your thoughts in the comments!
** AUDJPY Analysis - Listen to video!
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AUDNZD I Potential intraday buy from demand zoneWelcome back! Let me know your thoughts in the comments!
**AUDNZD Analysis - Listen to video!
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Gap Up or Drop Down?How's it goin traders, hope this recent rally has been treating you guys well. Here we have a potential gap up setup. We have a very aggressive uptrend currently and, we are approaching some supply zones that we will test and see if they prove to be strong resistance. Right now I see more up before we take profit/ have a small pullback. Thoughts traders? Have a good one!
XAUUSDHello traders.
I am patient at the moment with this gold price action.
In my opinion I see 2 possible scenarios.
1st is the stop hunt of retail buyers in conjuction with selling panic down to 1792 and then a buying reversal.
2nd one is the retest of the recent highs around 1845-1856 area which will be perfect for shorts.
Note: Weekly TF perspective, it is approaching a strong demand area.
Contrary Note: Broken Daily - 4H - 1H predominent trend.
Conclusion: Wait for the price to touch key levels! There is no need to rush.
Watch the calendar for any news incoming - especially major importants news.
Shift to 4H-1H-15Min for Price Action.
Tomorrow is Monday, so I prefer to see what will give to us, and enter in the Tuesday or mid week.
WTI-Oil 5TH MARIs Sunday again with starting our analysis off with WTI oil.
For us it's a pretty simple setup this week. We're looking for a play off of the supply at the high of our swing, we're looking for price to drop down lower towards the 15 minute demand that we have highlighted below.
Now of course, if we don't get a reaction at this supply. We will look for price to travel back down to buy up into the triple top we have on the daily time frame.
Make sure that you always use your confirmations to get into a trade and always be flexible with your analysis. Remember, sticking to your trading plan and consistently entering the same setups will bring you profitability.
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We hope you all have a profitable and successful trading week.
ABFRL AT CIP LEVEL +DEMAND ZONE !!Hello to everyone
The price trading near weekly demand zone . A significant decline has been seen in the price and the price is now trading near the demand zone . so the price can takes rest from the decline and can move upwards from the support zone .
If the price respects the support zone and if any bullish candle or formation is formed then we can build our position to the upside.
#ABFRL
👉Do Or Die level
👉Support seen at 222-220
👉Reversal sign
👉If holds then its can move for 260/280/300
👉Add to your watchlist
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