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Demand Zone

XAUUSDHello dear traders. We recently saw that gold has strongly reversed from the 1615 level. I see a break of downtrend structure by forming a new higher low and a new higher high. The Mid-term trend is starting to shift into sideways fading the bearish momentum. Fundamentals due to global status they neglect the bearish bias in my opinion. NFP impacted only for a short-term down retracement. The most feasible continuation seems to be the bullish scenario. So, I am waiting the retest of the demand zone especially with a Fib retracement confluence of 0.382 or even 0.5. This scenario will be invalid in case a candle breaks below thw 0.618 level. If candle closes below and makes a retest pointing down, I will reconsider looking for sells.
XLong
by The_Forex_Path
EURJPY LONG IDEAHello Dear Traders My point of view regarding the EJ for the short term. Cautiously and always with R:R management. Note: The price is approaching a strong supply level but it can give the result. From the purple supply zone we will se how it responds. We will then react accordingly for sell in case of some candlestick pattern, weak bullish Price action etc. or we may enter long if the market is going to give us a strong impulse to the upside with a PA retest of the zone in conjuction with 0.382 - 0.5 - 0.618 Fib. Retracement Level. Good Luck and waiting for your comments!
Long
by The_Forex_Path
USDJPY remains bullish, possible area to look for continuationsUSDJPY has a confluence of orderflow on weekly, daily, 4h, 1h, so it's fine to look for bullish continuations. 📉 Text marks: 🔹 IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL. 🔹 ph, pl = protected high or low, which holds current structural impulse. 🔹 bos = break of structure . Based on candle body close below/above previous structural impulse. 🔹 rsz, rdz = refined supply and demand zones. Specific areas to look for LTF confirmations. They are manipulative up-moves before real down moves, or vice versa. Strong hands (the Composite Man, as Wyckoff called it) often come back to such zones to close their manipulative orders at breakeven, before pushing prices further. If body closes outside of the zone, in most cases it will mean the cancellation of the setup. 🔹 if ltf confirms = entry only if there's a shift of structure on lower TF inside of rsz or rdz, or any other type of backtested and approved confirmation. 🔹 liq target = liquidity target: next profit taking levels for strong hands, our main targets based on current price action. ☝️Disclaimer: ALL ideas here are for EDUCATIONAL and MARKETING purposes only, not a financial advice, NOT A SIGNAL. I share my view on the market and search for like-minded traders. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as trading in a simulated environment. 👉I believe that "right or wrong" mentality is a fundamental flaw of any beginner. In reality, a trader is right only when he executes the system and follows his rules, and he's wrong only when he's taking random setups. A trader should find a system he's willing to work with long-term, hindsight test, backtest and then execute live, then refine until perfection. 🚀Thanks for your BOOSTS and support🚀 💬Send your comments and questions below, share your ideas and charts, I'll be glad to talk to you💬
Long
by Yelli_trades
25
NZDJPY Headed Upward +250 Pip PotentialWelcome back! Let me know your thoughts in the comments! **NZDJPY - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
11
AUDUSD Swing Upward 200+ PipsWelcome back! Let me know your thoughts in the comments! **AUDUSD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
8
EURO Threatening To Break Major Support. Keep Your Eyes Open!The major support at 0.96000 is being threatened to break, once this happens we can expect the price to head way down at next support/ demand zone located at 0.87000. With the FED tightening aggressively to tame the inflation, the likely hood of DXY momentum gaining traction is highly likely! This in turn could make the EURO fall gradually towards 0.87000 level. On the technical note, the main monthly chart of EURUSD shows everything in detail, however in order to trade this wonderful opportunity, we require the weekly candle to close below 0.96000 first after that a short trade can be executed based on the ideal risk reward ratio. All in all its a wonderful opportunity both on technical and fundamental note, all is needed now is for the weekly candle to pierce 0.96000 level then i will post another post that includes the trade details. Trade cautiously and safely. cheers
Short
by FX618Analysis
EURGBP - Possible Short term Buyprice reaches an order block/demand area and forms a QM pattern (higher high and lower low). if price reaches the left shoulder level (fib retracement of 0.718 and 0.886 - best levels for premium or discount ), it could reverse and go bullish . Divergence also occurs at 30M and 1H tf that backs up the bullish behavior. The overall trend is now bearish after it hits a resistance trendline on a weekly tf. So if in case it goes up then it is just short-term. This is just my analysis. I could be wrong of course.
Long
by Chad_Sniper
NASDAQ INVESTORS IDEA FOR LONGINGThis is just a simple old way of trading with Pure Price Action. A long-term view of the Nasdaq. On a weekly time frame, it provides some interesting ideas for going long, let me start by stating that we are on an uptrend, and currently we just experiencing a retracement, a correctional wave. Some people explain it as a point where sellers are given an opportunity to close their loss cheap while on the other hand, it's providing an opportunity for banks that missed an entry earlier to start buying, or simply the ICT or SMC traders call it craping liquidity and triggering buy stops. In pattern trading form we can say that we are having a flag pattern and the market is about to continue the trend. The move is about to start now, the reason being that we are having *equal lows* meaning we might be presented with a *double bottom* that will *break the trendline* and skyrocket 🚀🚀
SKILLING:US100Long
by Frico_NR