Get started

Supply_and_demand

BTC/USDT 4HInterval ChartHello everyone, I invite you to check the current situation on BTC in pair with USDT, taking into account the four-hour interval. As you can see, the upward trend line marked in yellow has been broken, and currently we can designate a local downward trend channel using blue lines. Going further, using the fib retracement tool, we will determine the supports that we should take into account when the price starts falling again. And here you can see how the support at the level of $39,024 kept the price from falling further, but if the support is broken, the next level is $36,280, and then around $32,831. Looking the other way, we can also use Fib Retracement to determine the resistances that should be taken into account. And here you can see that first we have resistance at the level of $45,469, then the level around $45,000 is significant, and then the price must overcome the strong resistance zone from $46,726 to $49,000. Now please look at the RSI indicator because you can see that a small price increase was reflected in the indicator, which still has room for growth. However, the STOCH indicator shows that we are approaching the downward trend line, which may potentially cause the price to decline and drop again.
by cryptodailyuk
BTC - the halving is coming upG'day, Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Consolidative box example (Daily) Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence as criteria varies to suit the individual. Below are some of the take aways from the video - please listen again incase any detail is missed. Link to the log model back in 2022 is still strongly in play. Weekly chart Daily timeframe Do you enjoy the setups? Professional analyst with 8+ years experience in the capital markets Focus on technical output not fundamentals Focus on investing for long term positional moves Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXIV
BNC:BLX
by LupaCapital
GBPNZD Presents Ideal Selling ConditionsIn the GBPNZD market, the price has retraced to an area of significant supply on the 4-hour chart, coinciding with an internal daily resistance level. An anticipation of a selling market is prevalent in this region. It's worth noting that the overall sentiment remains bullish on lower timeframes. A prudent approach involves closely monitoring the structure on lower timeframes. It is advisable to exercise patience and await a discernible shift in market character from bullish to bearish before considering shorting opportunities. Wishing you success in your trading endeavors.
Short
by Koolermactrez
Buy USDJPY Triangle Breakout USD/JPY M30 Triangle Breakout Hints at Potential Upswing A bullish triangle pattern has emerged on the USD/JPY 30-minute chart, suggesting a possible shift in momentum towards the upside. Key Points: Triangle Breakout: The price has been consolidating within a triangle formation, characterized by converging support and resistance lines. This consolidation has now given way to an upside breakout, potentially indicating a renewed bullish trend. Buy Entry Opportunity: The break above the triangle's upper boundary around 148.10 presents a potential buying opportunity. Bullish Targets: If the upward momentum continues, initial targets could be found at the resistance levels of 149.04 and 149.43. Risk Management: To manage potential downside risks, a stop-loss order could be placed below the triangle's lower support at 147.70 Additional Considerations: Keep an eye on broader market sentiment and economic releases from both the US and Japan, as they can influence the currencies' relative strength. Employ proper risk management practices, including appropriate trade sizing and stop-loss orders, to safeguard your capital.
Long
by KABHI_FOREX_TRADING
3
EURJPY: Harmonic Bat and Rising Wedge Unveil Insights...SELL?Greetings, fellow traders! In the context of EURJPY, a discernible pattern is emerging as the price unfolds within the confines of a rising wedge. Notably, this pattern is converging towards a prospective supply zone, coinciding with the culmination of a harmonic bat pattern as it reaches its D leg. Anticipation of a market shift towards selling becomes more apparent in light of this convergence. The confluence of factors, including the potential completion of the harmonic bat pattern and the formation of the rising wedge, adds weight to the expectation of a downturn. The significance of this scenario is further underscored by the likelihood of a breach in the supporting trend of the wedge. Closely monitor this juncture, as it presents an opportune moment for strategic decision-making. Exercise due diligence and consider leveraging this insightful confluence for informed trading decisions in the evolving EURJPY market. Happy trading!
Short
by Koolermactrez
How to identify high quality Supply and Demand zonesSupply and demand zones are powerful tools to find high probability trades. If they are used in the correct context they offer a high win rate and a very controled risk. These are some of the characteristics that high quality zones have: •When a good zone is being created in real time you will watch that price pushes down/up with aggressive price action and follow through after the basing candle. Heavy volume on the development and candle closing at its highs are also good indicators. •A high quality supply/demand zone is the one that creates new lows/highs. That means that it was able to push below/above the prior low/high. •In short time frames, shorter than 1 hour, you would probably find good supply and demand zones to have a continuation of the trend. For example, if a Future is in an uptrend pay attention to the demands that are created in that trend and then when price pulls back to it look at the price action in the zone. Have in mind that in uptrends, demand zones are reliable and supply zones have a much lower probability of working. The opposite scenario happens in downtrends were supply zones are higher probability and demand zones should be avoided. •In higher time frames, a very strong supply or demand zone could be an area for a change of structure (from an uptrend to a downtrend for example). •A good indicator of a reliable supply/demand zone is when price pulls back to it and the candle has a strong rejection as it touches the zone, meaning an upper/lower wick is created below/above the zone. volume is developing with no follow through (orders hitting strong ask/bid in the tape) and the candle does not close inside the zone. •Speed heading into the zone is also relevant, a high speed drop heading in to a demand zone is a good area to trap late sellers. •If for example FX:EURUSD has a demand zone and TVC:DXY has a supply zone or a resistance level and both are having retracements from their trend, that could be a good opportunity to go long and also if price action gives an extra confirmation. This means that confluence is key for a high probability trade when using supply and demand zones. • Use the concept of relative strength/weakness when using confluence with other charts. Example: A 2 hour demand zone in Brent Futures $NYMEX:BZ1!. Notice how the red candle that reaches the zone is a strong one with higher volume and is not able to close inside the zone, It prints a lower wick and closes above it giving the demand zone a good price action confirmation.
NYMEX:BZ1!Education
by FTWTraders
XAUUSD BUY AND SELL ScenarioHi guys, I'm back with another analysis on gold , Market reacted to my levels from previous analysis. Now new levels are available for both short and long trades. Market is moving up now and there are multiple supply levels available some fresh and some tested before. level 32 is our immediate supply level, following that we have level 43 then 47 and higher levels. To go long we also have level 24 which market reacted to, hours ago. Below it we have level 19 and 16-14 then 2008. #As always add your own logic and intuition into this. #Make sure you pay attention to the news which will be released in an hour. Be honorable
OANDA:XAUUSD
by AliHassanzadeh
AUD USD - update (daily timeframe focus)The audio didn't record in the last one, so here is an update. G'day, Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Consolidative box example (Daily) Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence as criteria varies to suit the individual. Below are some of the take aways from the video - please listen again incase any detail is missed Monthly Weekly Daily Volume profile added Value area up and down purple & Blue respectively are important to note in where price is taking us. Do you enjoy the setups? Professional analyst with 8+ years experience in the capital markets Focus on technical output not fundamentals Focus on investing for long term positional moves Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXIV
by LupaCapital
XAUUSD BUY & SELLHi Friends, Another analysis on gold. As always I keep everything simple. So we have multiple levels of buy and sell. Our immediate sell level is 2047-2049 which price has reacted to. Below it we have level 27-29 as our demand level and also below it another one. in case market continues rallying up we have couple supply levels like area 61 and 73. So we have to wait for the NEW YORK session in order to see the direction of the market. *make sure to pay attention to the PPI news being published later today Be honorable
OANDA:XAUUSD
by AliHassanzadeh
4
Buy AUDJPY Channel BreakoutBoJ not changing policy, intensified interest rate differential game: Comments from the country's monetary authorities suggest a new wave of pressure on the yen after three months of easing or ‘recharging’. With the Bank of Japan not changing policy, the yen is potentially under pressure from an intensified interest rate differential game. And this game promises to be more aggressive now than a year ago, as yield spreads between Japan and the US have widened for both short and long-term yields. The current higher interest rate environment is an opportunity for Japan to competitively devalue its currency to support national exporters, which it failed to do in the last decade in the era of zero interest rates. Price breaks the channel now, its good chance to buy now. Thank you
Long
by KABHI_FOREX_TRADING
6
GOLD|Important supply and demand areasCurrently, in the one-hour period, the $2060 area can be a good place for sell positions, of course, be careful not to enter the trade without confirmation. In the first reaction to this area, it went up from the price of 2017$ to 2040$, it gave us a profit of about 230 pips. In the second reaction, collected all the liquidity at the bottom of the range and moved up 2% from there.And moved up about 450 pips. Right now we see that it is bullish in reaction to the demand range.In smaller time frames, it is more likely that it will not react to the range ahead, so if it does not confirm, do not enter the trade. There is a possibility that it will go up to the range of 2080. you can look for a sales position there. This week, look for scalp positions in smaller time frames, even though gold is very bullish this week. In the one-hour time frame, we have the supply and demand of these areas, when we reach these areas, we can have buy or sell positions.
OANDA:XAUUSDLong
by Golden_Star1994
EURUSD ExpectationHello traders, EURUSD has been inside a range since the beginning of the year. It's important to consider a few things: - The overall structure is bullish. - Price already took buyers and sellers by liquidating both directions. - There is also a bigger M15 range that price is respecting. My expectation is that price will at least mitigate the H4 supply (red zone) even if it wants to continue down. Why? Sellers from Friday are still intact after that impulsive move and they were definitely induced into the market. When/if price mitigates that H4 supply zone, it will have to make a decision. It will either continue higher and follow the Daily structure (I'll be looking for that), or it will start a pullback in order to take out the current buyers. Slow start of the year for currency traders, nothing out of the norm, we just have to be patient :) Good trading!
Long
by CirculoForex
Buy GBPCAD Triangle PatternFactors Strengthening GBP: Hawkish BoE: Recent hawkish comments from Bank of England (BoE) officials regarding potential interest rate hikes to combat inflation have bolstered the Pound. This has increased its attractiveness compared to the Canadian Dollar. Optimism on UK economy: Despite ongoing Brexit negotiations, positive economic data releases like higher-than-expected GDP growth and retail sales figures paint a picture of a resilient UK economy. This fuels investor confidence in the Pound. Price breaks the Pattern now, its good chance to buy now. Thank you.
Long
by KABHI_FOREX_TRADING
2
DXY ( USD Index ) Weekly Outlook.... BEARISHMay profits be upon you. DXY is now consolidating in between a bullish FVG and an bearish FVG. But it has been bearish, with downward momentum. I suspect it will continue this way, as price has found INTERNAL LQ in the bearish FVG, and is now seeking the EXTERNAL LQ at the lows. I believe the low at 100.320 is the DOL (Draw On Liquidity). Leave a comment, as I like to receive feedback from viewers! Thank you. May profits be upon you.
ICEUS:DX1!Short
by RT_Money
GOLD|Important supply and demand areasHello friends, I hope you are doing well. We have the gold chart in 1 hour.Currently, gold is fluctuating in a trending range area and we have the top and bottom of the trending range to enter trading positions. CPI data will be released today, if we have data that is in favor of gold, that is, the US inflation has decreased, this means that it will harm the dollar index and gold can move upwards. We should know that apart from the top of the trending range, which is a resistance, we have the next resistance in the area of (2046-2044) and after the resistance that is the base of the falling movement, it is around (2066-2064). On the other hand, if inflation is published more than expected, it will benefit the dollar index and can create selling pressure on gold. The area that currently maintains the price is the area (2016-2019). If this area is broken, the next support is the price range (2004-2008) and then the price range (1990-1995). If the price reaches these areas, we can enter trading positions with confirmation
OANDA:XAUUSDShort
by Golden_Star1994
1