🚀 Unveiling Trade Opportunities: FACT Fertilizers & ChemicalsWe're diving into the charts of FACT Fertilizers and Chemicals to uncover potential trade setups.
Current Situation 📊:
LTF Analysis: Currently, FACT is nestled in the 75-min demand zone, specifically the Rally 2 Base Rally (R2BR) zone.
ITF Overview: The Intermediate Time Frame (ITF) shows a clear uptrend. The price is comfortably trading at the daily EMA20
HTF Insights: Zooming out to the Higher Time Frame (HTF), the weekly chart indicates a strong uptrend, and there's a clear path upside with no resistance in sight.
Enter at the 75-min current demand zone, Risk-to-Reward Ratio: Aim for a lucrative 1:3.
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Trade with confidence, and let your profits run like a river. Embrace the journey!
Disclaimer 🚨:
This analysis is for educational purposes only. We aren't SEBI registered analysts. Trade responsibly.
RBR
EURGBP READY TO MOON?In Technical perspective, major timeframe shows is clear uptrend. So, it’s safe to have long position to swing. Additionally, right now price near to,
1. QM Manipulation Level H4
2. Resistance become Support Area H4
3. Rally base Rally H1
These all buying opportunities area.
GOOD LUCK.
XAUUSD GOLD SWING BUY ?!This is purely 100% on Technical Analysis view.
Right now price on Weekly Resistance Become Support (RBS) area, where it a potential Buy area. The same area also exactly on Daily Rally Base Rally (Demand) area. Additionally, it's fall on H4 Trendline to support the price. This 3 thing are confluence at same place.
BUT, bare in mind about Fundamental of USD.
BTC H4 - Long positionI am waiting for $16,500 to enter a LONG position there.
Based on Fibonacci and the Base area in the RBR movement and the supply and demand area created, at least one trade can be taken with a reward of 3. And it could also be the start of BTC price growth.
Of course, there is no certainty in any analysis and these signs help us to increase the winning percentage of our transactions.
BINANCE:BTCUSDT
Short EURUSD at 1.057361) There was an almost "strong bearish trend"!
2) A battle has been seen between bulls and bears at base candle.
3) "Sellers" clearly won the battle!
4) There might be a economical reason behind this move. Since we are chartists, we do not necessarily need to know why this move has happened!
5) According to long term back-tests, if the price reaches the base range, it is about 65% likely to react. However, due to unpredictable market fluctuations and possible trader inaccuracies, the Win Rate of this trading system in various instruments is between 45% and 55%. Regarding the great TP to SL, this strategy is really great at money-making.
6) I will not change the SL but TP may change according to the market situations, So follow this idea.
7) Don't forget about risk management and money management principles.
Best regards , Ali
Consolidation between Supply and DemandAt the point A, the imbalance happened from the base (equilibrium). The price shot high quickly to the point B. After that the price retrace to the point C. The price rose again and broke the swing high of the B. and make the higher high. After that the price got down and broke the low of C.
The price dropped slower than the rally of A. So the projection of the drop is to the point of D where the demand zone lies. After that, the price will rise (at least) to the level of B creating pattern Quasimodo.
For your information, Quasiomodo is like head and shoulders but with an additional requirement of left shoulder. The left shoulder should get down and break the low of the right shoulder.
eurjpy long is preferedas price broke a 3 touched trendline and market structure as well it formed a demand from a RBR move ...i now waiting to a comeback to this area for a long in direction of the upper flip zone ....
this is the htf idea .... ltf set ups are always adviced due to tighter stop bigger RR but if u have just limited time or you simply love the htf swings you can also catch a good daily tf trade ...always up to the trader himself ...
AUDUSD Hourly thoughtsCurrent thoughts on Hourly AUDUSD.
If you have any charts on AUDUSD and if you also trade Supply and Demand in the terms of FTR, FTB etc. then please Message me on tradingview or instagram so we can link up!
Also please let me know if i missed anything out on this pair, there is always more to learn!
Instagram : @ThatYoungTrader