Trade idea - CHFJPY Long4H
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone.
= Buy limit.
1.5% risk.
Aiming to take full profit at Daily TP.
Supply_and_demand
USDJPY / BY BREAKING SUPPLY ZONE / 4HUSDJPY / 4H TIME FRAME
HELLO TRADERS
The price has broken out above 147.218, and there is currently bullish pressure , The price is attempting to reach a supply zone between 148.626 and 149.340.
For the uptrend to be confirmed, the price must break above this supply zone. If successful, the price could then aim for the next target at 150.790 (the supply line).
If the price fails to hold above 147.218 during a retest, this could signal a decline , Breaking below 147.218 might lead to a drop towards favorable value gaps (FVG) at 145.363 and 144.332.
Supply zone : 148.626 and 149.340.
Demand zone : 142.546 and 141.687.
FVG : 145.363 and 144.332.
XAUUSD / UNDER NFP PRESSURE / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
After a 1.16% increase in gold prices yesterday, today’s trading shows bearish pressure.
The Non-Farm Payrolls (NFP) news is anticipated to cause significant price movement in the gold market.
If prices remain below the $2,664 to $2,670 range, it suggests a potential decline toward the demand zone between $2,644 and $2,637.
Conversely, if the demand zone is broken and prices stabilize above it, the next target would be the supply zone at $2,681 to $2,686.
Overall Trend , Despite the short-term bearish pressure, the general trend for gold remains upward.
Supply Zone: 2,681$ and 2,686$.
Demand Zone : 2,644$ and 2,637$.
EURUSD / TRADING ABOVE DEMAND ZONE - 4HEURUSD / 4H TIME FRAME
HELLO TRADERS
The price is currently trading above a demand zone (an area where buying interest is expected to increase) between 1.102 and 1.100.
It suggests that as long as the price remains above this zone, there may be a retest (a drop to the 1.100 level) before the price starts to rise again.
The next likely target is an FVG (Fair Value Gap, which refers to a price inefficiency) between 1.108 and 1.109.
Beyond that, there’s another FVG around 1.111 and 1.113.
On the other hand, if the price breaks below the demand zone (1.100) and closes a 4-hour candle beneath it, this indicates further downside movement.
The next downside target would be the FVG between 1.097 and 1.094.
Supply Zone : 1.120 and 1.121.
Demand Zone : 1.102 and 1.100.
FVG : 1.108 and 1.109 , 1.111 and 1.113.
USOIL / BREAKOUT THE CHANNEL / 4HUSOIL / 4H TIME FRAME
HELLO TRADERS
The asset has broken out of a channel and is experiencing bullish pressure. This suggests that the asset’s price is moving upwards after a period of consolidation.
The asset is trading above a supply zone around 74.37 to 73.69. A retest of this zone may occur before prices begin to rise again, targeting a higher supply zone between 76.85 and 77.60.
If the price breaks 73.59, it indicates a potential move to a Fair Value Gap (FVG) between 73.07 and 72.15 , his is a zone where price inefficiencies may exist.
If prices stabilize below the FVG zone, it could lead to further declines towards a demand zone between 73.07 and 72.12. This suggests a potential bearish reversal.
Supply Zone : 76.85 and 77.60.
Demand Zone : 73.07 and 72.12.
FVG : 73.07 and 72.15.
Sell CAD/JPY Resistance ZoneThe CAD/JPY pair on the H1 timeframe presents a potential selling opportunity @ Resistance Zone
Key Points:
Sell Entry: Consider entering a short position around the current price of 108.25.
Target Levels:
1st Support – 106.65
2nd Support – 105.48
Stop-Loss: To manage risk, place a stop-loss order above 109.02. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
USDJPY / UNDER BULLISH PRESSUE / 4HUSDJPY / 4H TIME FRAME
HELLO TRADERS
after breakout from a channel, leading to a price increase of 1.82%. The breakout signals potential for further upward movement.
The price is expected to retest a Fair Value Gap (FVG), which is a technical term in trading that represents an area on the chart where price moved quickly, leaving little to no volume. The specified FVG zone is between 145.303 and 144.367. A retest of this area could indicate the market finding support here.
If the price remains above this FVG area and stabilizes, there is an expectation of further increases, potentially reaching the supply zone between 147.602 and 149.360. This suggests that the supply zone is where there could be selling pressure.
A break above the supply zone would indicate even more upside potential for prices.
On the downside, if the price closes a 4-hour candle below the FVG area, the expectation is for prices to decline. This could lead the price to a demand zone between 142.672 and 141.736, suggesting buying interest might come in at this level.
Supply Zone : 147.602 and 149.360.
Demand Zone : 142.672 and 141.736.
FVG : 145.303 and 144.367.
Final-UPDATE_EURJPY-H4_October-2024Yesterday's trade was successful.
I’m now patiently waiting for the next opportunity to present itself, keeping an eye on potential setups.
Trade idea - CADCHF Short4H
Corrective approach towards entry zone.
-27 Fibonacci completion aligning with entry zone.
= Sell limit.
AUDUSD / AFTER BREAKOUT THE CHANNEL - 4HAUDUSD / 4H TIME FRAME
HELLO TRADERS
After the breakout channel , the price continues to rise, indicating the market is in an uptrend and buyers are dominating, putting upward pressure on the asset.
The price level of 0.689 is identified as a key support level. As long as the price stays above this, the uptrend is likely to
If the price remains above 0.689, the analysis expects it to move toward the supply zone between 0.697 and 0.701, where there might be resistance or selling pressure.
If a 4-hour candle closes below the 0.689 support level, it signals a potential bearish move. In this case, the price may decline and head towards the demand zone between 0.683 and 0.680.
My Target : supply zone between 0.697 and 0.701.
EURUSD / TRADING UNDER DOWNWARD PRESSURE - 4HEURUSD / 4H TIME FRAME
HELLO TRADERS
The prices are currently trending lower, indicating a bearish market sentiment. The next move depends on whether the prices break below or hold certain levels.
Zone between 1.112 and 1.110 , This is identified as a key demand zone, meaning buyers may step in here to prevent further decline. If prices hold in this zone, there’s potential for a reversal upward.
If the price closes below this range based on a 4-hour candle , it suggests continued bearish momentum.
If prices fall below the demand zone, the next target would be between 1.107 and 1.104. This area is likely seen as a FVG , where the price may stabilize or find new demand.
Stabilizing above 1.112 indicates bullish strength and suggests potential upward movement ,The next resistance levels are 1.117 and, if broken, the price could further rise to 1.122.
Supply Zone : 1.117 and 1.125.
Demand Zone : 1.112 and 1.110.
FVG : 1.107 and 1.104.
XAUUSD / UNDER TENSTION IN THE MIDDLE EAST - 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
The conflict between Iran and Israel has caused a rise in gold prices by 1.80%. Gold, often seen as a safe haven asset, tends to rise in response to global instability.
Prices are currently attempting to reach $2,637 and $2,614.
The all-time high (ATH) price is mentioned as $2,686, with a supply zone extending to $2,720. The text suggests that if prices break above this ATH, they might enter a new supply zone between $2,700 and $2,720.
If gold fails to stay above the supply zone between $2,686 and $2,675 , a decline is expected, possibly reaching the demand zone of $2,637 and $2,614. If prices stabilize below these levels, further declines are predicted.
Despite short-term fluctuations and potential declines
the overall sentiment is bullish, indicating that gold prices are under upward pressure in the long term.
Supply Zone : 2,675$ and 2,686$.
Demand Zone : 2,637$ and 2,624$.
Accumulation Zone : 2,527$ and 2,474$.
NAS100USD / TRADING INSIDE FVG AREA - 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
FVG Area (19,880 - 20,098) , The price is attempting to reach a Fair Value Gap (FVG) area. This suggests that the market is looking for equilibrium within this range. The mention of trading and stabilizing in this range implies that consolidation is happening, and a decision on future direction may follow.
Possible Decline to Demand Zone (19,540 - 19,367) , If the price doesn't sustain upward movement within the FVG and begins to weaken, it suggests a potential decline toward the demand zone. Demand zones are areas where buying interest is strong, potentially providing support for the price.
Breaking FVG Area Could Lead to Rise (20,328) , If the price breaks above the FVG area, it is expected to rise, with the next target being the supply line around 20,328. Breaking this level could signal an uptrend.
Uptrend Confirmation (20,654 - 20,785) , For a confirmed uptrend, the price would need to break through this supply zone. Supply zones often represent resistance areas where selling pressure could halt upward momentum.
Supply Zone : 20,654 and 20,785.
Demand Zone : 19,540 and 19,367.
FVG : 19,880 and 20,098.
Microsoft. There is still potential for the price to decline.Hello traders and investors!
Let's take a look at the situation with Microsoft stocks. I believe there is still potential for the price to decline.
Weekly Timeframe
On the weekly TF, there is an attempt to reverse the long trend. The first seller's impulse has been formed. The level of the last buyer’s impulse start is 445.66, and the level of the last seller’s impulse start is 468.35. The end of the last seller's impulse is at 385.58.
Key candle in the seller's impulse is from July 24 (largest volume in the impulse, marked as "KC" on the chart). It was tested by the buyer on August 19. The test level is 426.70. The buyer missed the 50% level of the seller's impulse (426.97) by 27 cents. Then, the buyer attacked the test level with two candles on increased volume, bringing the price above the 50% level, but the seller pushed the price back below the test level (426.70), forming a seller's zone above (red rectangle on the chart). Further price decline is likely, with the first target at 400.8, which is the start of the last buyer's sub-impulse on the weekly TF.
Daily Timeframe
On the daily TF, there’s a sideways range (formed on August 22, with point 4). The upper boundary is 432.15, and the lower boundary is 385.58. The relevant seller's vector is 6-7, with the first potential target being 400.8 (then 385.58).
The buyer's vector 5-6 broke above the upper boundary of the range, gathered volume, and the seller returned the price to the range, forming a seller's zone at the upper boundary. This zone was tested on September 26, after which the seller's continuation began. The buyer attempted a recovery on September 30 with increased volume but failed to deliver results. Yesterday, the seller engulfed the buyer's candle.
Highlights
On both the weekly and daily TFs, the priority is to look for selling opportunities. The last daily candle has increased volume, making it a good point to start looking for sell opportunities. On the daily TF, possible threats to short positions include the 50% level of the last buyer's impulse at 413.72 and the buyer's zone with an upper boundary at 410.65 (green rectangle on the chart).
It makes sense to consider buying opportunities when the buyer shows strength, for example, when interacting with the levels of 400 or 385 and defending them.
How to decode candle volumes is explained here
Good luck with your trading and investments!
XAUUSD / SENSETIVE AREA TRADING - 4HXAUUSD / 4HTIME FRAME
HELLO TRADERS
Yesterday: Gold prices declined by 1.70%.
Today: Prices began to recover, rising by 0.95%.Analysts expect a further increase in prices, potentially reaching gains of 1.50%
Gold is currently trading below a supply zone between $2,655 and $2,665. This zone represents a key resistance level, where sellers may dominate and prevent further price
If gold continues to trade below the $2,655–$2,665 supply zone, it could decline further, with support levels at $2,637 and $2,614.
If the price breaks above the supply zone, it may rise towards $2,686, a potential resistance level.
Despite the recent dip, the market is under bullish pressure, indicating that buyers are still in control and could push prices higher in the near future.
Supply Zone : 2,655 and 2,665$.
Demand Zone : 2,637$ and 2,614$.
Analysis-USDJPY-H4_September-2024In my view, in the next few days or even hours, we will see USDJPY enter my supply zone and then start a continuation of the main trend.
If the trade enters, the target would be the marked 125% level.
NAS100USD / TRADING INTO SENSITIVE AREA - 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
The statement mentions that prices began to increase by 10.95% at the beginning of September.
This indicates a strong bullish trend at the start of the month, reflecting optimism in the market or strong performance from NASDAQ 100 constituent companies.
Yesterday's drop of 1.61% indicates a short-term bearish move, suggesting market sentiment has turned negative or there's profit-taking after the earlier rally.
The expectation of a further decline of 2.35% and potentially 3.92% implies that the current bearish sentiment may persist.
Technical Analysis:
Current Market Condition:
The statement suggests that the NASDAQ 100 is trading in a sensitive range between 20,330 and 19,954, and that breaking either of these levels will determine the market's direction.
Upward Condition:
- Target 1: If the price trades above 20,330, it's expected to rise to 20,795.
- Target 2: If the price stabilizes above 20,795, the next target is 20,980.
Downward Condition:
- If the price falls below 19,954, it suggests a potential decline:
- Target 1: A decline to 19,884.
- Target 2: If it breaks below 19,884, further decline is expected to 19,335.
XAUUSD / UNDER TENSTION OF THE MIDDLE EAST - 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
After reaching an all-time high (ATH) of $2,686, the price began to decline by 1.60%. This dip is likely due to geopolitical tensions in the Middle East. However, given the instability in the region, the price is expected to rise again, potentially reaching a supply zone between $2,700 and $2,720.
As long as the price remains stable above the $2,637 and $2,614 levels, my target is to see it returning to $2,686. However, a break below $2,614 triggered a further decline, bringing the price down to $2,586 and potentially testing the next support at $2,559.
My Target : 2,586$.
Supply Zone : 2,700$ , 2,720$.
Demand Zone : 2,586$ , 2,559$.
USDJPY / END OF SEPTEMBER AND INTO EARLY OCTOBER - 4HUSDJPY / 4H TIME FRAME
HELLO TRADERS
Current Trend:
Prices dropped by 2.55% yesterday, approaching a key support level at 142.231 , If prices break and stabilize below 142.231, further declines are expected , Currently, prices are trading slightly above 142.232, and stabilizing above this level suggests potential increases of 3.50% and 5.00% , The analysis anticipates a possible upward trend towards the end of September and into early October.
Technical Analysis:
Current Market Condition:
The asset is under bullish pressure , As long as the price remains above 142.231, the bullish momentum is expected to continue.
Upward Condition:
- Target 1: If the price trades above 142.231, it's expected to rise to 147.179.
- Target 2: If the price stabilizes above 147.179, the next target is 149.345.
Downward Condition:
- If the price falls below 142.231 , it suggests a potential decline:
- Target 1: A decline to 139.713.
- Target 2: If it breaks below 139.713, further decline is expected to 137.306.
Will XAUUSD Bounce or Slide?Hello Traders!
Today is going to be a tough day because gold can take a lot of sls today because the position of the market is slightly hard to analyse.
so here we have 3 buying levels and 3 selling levels and theres also a news today which would affect us.
Selling levels:
this will work as if market give respect to any of those level and retest it as resistance then we can consider selling.
1. 2639 - 2642
2. 2653 - 2656
3. 2665 - 2671
Buying levels:
also works same as selling levels
1. 2626 - 2623
2. 2614 - 2611
3. 2605 - 2600
we have to monitor the market when it come to these and watch carefully for any breakouts or retest the support or resistance then we can enter.
supporting by follow and liking would be highly appreciated.
IoTeX | Long Term Profits Plan Hello traders!
There's hype in the air as BTC has moved within a bullish wave even though we are inside a descendant channel point. So, it could either re-test resistance at about 70k again or get back inside the range. So here's an idea to use in the long term for IoTeX
1) Price has been in a range for a long time and within this range best zones to buy would be at: 0.013 - 0.021 these may get re-tested before the bull run so you can set up some price alerts. Or if you feel brave you can enter at 0.031 which is the current monthly support
Verify entry points at lower time frames with the strategy of your choice.
2) TARGETS: The nearest one would be 0.060 - 0.070 but within the range it could go up to 0.10 but if that happens then the range would be broken leading to an uptrend which must coincide with the bull run so before it happens, it will drop heavily so I suggest to TP safely at 0.060 - 0.070 for the time being.
This idea is to spot for the long term. This asset is still in a balanced mode; there hasn't been a breakout of the range yet. However, it's worth noting that there's a bullish triangle pattern on the daily timeframe playing out right now.
I hope you find it useful and are able to take advantage of this idea.
Kina Tip of the Day: Take profits partially even when they don't seem much because, in the long run, they will grow in a balanced way with the rest of the portfolio.
Keep it shiny ⭐
Kina, The Girly Trader
USOIL / UNDER BULLISH PRESSURE - 4HUSOIL / 4H TIME FRAME
HELLO TRADERS
Recent Decline , Prices began to drop at the end of September by 7.12%. This indicates a noticeable downtrend, which could be driven by various market factors.
Support Level at 67.22 , Currently, prices are trading slightly above this key support level. If the price breaks below 67.22, it may trigger a further decline of 9.80%.
Potential for Rebound , If the support level holds, a potential rise could occur. Two potential rise targets are a 3.48% increase and a 6.27% increase, depending on how strong the support level is and whether positive momentum returns.
Technical Analysis:
Current Support Level , The price of USOIL is currently above 67.22. This level serves as a critical support point; if prices remain above this, it suggests bullish sentiment.
Target Range (FVG) , If prices hold above 67.22, the analysis predicts an upward movement toward a Fair Value Gap (FVG) area between 68.73 and 69.48. This implies potential buying interest or liquidity in that range.
Further Resistance , If the price breaks through the FVG area, it could rise further to reach a resistance level at 71.74. This indicates a bullish outlook if the upward momentum continues.
Conversely, if the price drops below 67.22, it suggests a bearish trend, potentially declining to 65.24. This indicates a shift in sentiment from bullish to bearish.
Megaphone - BearishSPY weekly looking interesting heading into the week. Staying hedged with the SPY holding another megaphone. The SPY is being carried by buyer volume with some hidden bearish divergence on the RSI and nearing overbought territory yet again.
With so many sectors and indexes flashing red and a massive bearish cipher on the weekly timeframe as further confirmation, looking forward to playing the downside.
Some FIB levels and RSI-based supply and demand zones to keep an eye on in the meantime (Accompanying Charts Attached Below)
