Demand Zone
AMZN LongWeekly RSI divergence
Demand Zone created 3/12/2020 -- 3/16/2020
Earning 10/27/2022 Gap and run, to demand zone.
Entry 89
Stop 80
Target 104, 130
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
USDJPY I Potential buy from demand zoneWelcome back! Let me know your thoughts in the comments!
**USDJPY Analysis - Listen to video!
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ROLEXRINGS - Bullish Swing ReversalNSE: ROLEXRINGS is closing with a bullish swing reversal candle.
Today's candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
DAY TRADING: SHORT EURUSD. TARGET 1.07940TRADE TYPE: INSTANT ENTRY SHORT
TRADE DIRECTION: SHORT
TIMEFRAME: 4H
ENTRY PRICE: 1.08500
STOP LOSS: 1.08900
TAKE PROFIT: 1.07940
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 above supply zone / swing high
Follow this thread for any future updates regarding this specific trade.
CAUTION: Trading is a Probability Game and could wipe out your account if risk management and strategy is not followed properly. Cheers
GBPUSD-Weekly Market Analysis-Jan22,Wk3GBPUSD is on a bullish trend; a Bullish Bat Pattern completes at 1.2101 and gives us a candlestick pattern confirmation within the Bat Pattern, within the Demand Zone / Buy Zone. Note that Point C poses a warning sign for the Bat Pattern traders; a candlestick pattern confirmation is a MUST for me.
EURUSD Potential Forecast | 15th January 2023Hi everyone, today I will be talking about a possible EURUSD long trade using Smart Money Concepts for this week.
Trade Idea:
1. Price continues to form higher highs and higher lows as seen by the break of structure (BOS)
2. Multiple liquidity has been taken followed by structural breaks to the upside
3. However, as of current price action, bullish momentum is exhausted and we could see a retracement before heading back up.
4. Demand zone has been marked by red and it can be identified on the lower timeframe. (tradingview does not allow me to show the LTF)
5. Will be looking at how price reacts off the demand zone and look for bullish confirmations.
I believe price can continue to retest the weekly highs, given the very bullish sentiments in the market. We could potentially see a further marked move to the upside for EURUSD.
Things to look out for:
1. If price were to invalidate the demand zone, we could see price continue down lower to grab liquidity to head up further. So do keep an eye out on that.
Trade safe guys!
Regards,
Chern Yu
xauusd idea...hello guys...
if gold break up that red level it determines the continuation of the upward movement and in my opinion, xauusd will form a three drives pattern and reach to 1.6 fibo level (almost $1882)...
but if gold doesn't break red level be ready for hunt setup and get short position...
every movement depend into this critical level...
this analysis will be update after break or return!
always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment.
MDT LongRSI divergence
GAP down to Demand Zone (2020-3-23)
Wedge bottom touch
Might be exhaustion GAP
Earning 11/22/2022 Est. 1.3
Entry 77
Stop 72
Target 86, 95
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.