Supplyanddemandanalysics
Wyckoff Logic Supply and Demand EURCAD
Technical analysis
Cause, distribution, equilibrium sequence between demand and supply between quotas , supply zone 1.37681 & 1.35859 demand zone.
Supply greater than Demand!
Implications, bearish!
Pattern Rally base Drop!
Effect generated by approx
290 pips.
SL 1.36431
Entry 1.34929, sell!
TP 1.31971
⭕ = circle
⏹ = square
🔺️ = triangle
Unit = ⭕ market
Polarity = 🔺️demand & 🔻supply
Equilibrium = ⏹ range ("the ratio between supply and demand is =")
PRINCIPLE OF DEMAND AND SUPPLY
The law of supply and demand
- here the analysts study the relationship between supply and demand , having as a reference point the price and
volume over a period of time as shown on the chart.
KEY DEFINITION
The law of supply and demand is of the utmost importance. If the application to
buy an instrument (currency pairs, stocks, commodities , metals, bonds, cryptocurrencies)
is higher than the available supply, the only way the demand can be met is
for the price to rise to a level that attracts enough supply to match demand.
When this point is reached, the price does not advance. If the offer to sell is
higher than the demand to buy, the only way the supply will be absorbed is as
the price drops to a point that attracts enough demand to absorb all
the amount. When that happens, the price doesn't go down.
STAY ALERT ! on Pullback / Reversal or Continuations Gold has been continuously spiking up since the best Volatile week
Potentially on double top before it makes a Pull Back to Demand Area H4 & D1
Perhaps will make some breakthrough on the following trend
KL is prepared to be fill
Disclaimer :
This is not a signal's
Education purposes only
Trading with real money at your own risk
METAHERO TEMPTING PRICEThe project has recently launched and has good potential. This post is more like investment advice than a trade idea. Do your own research about this coin and if you like it, now is a good time to buy. Even with the little data we have, the price has confirmed that 0.11-0.12 cents are very tempting for investors.
GBPCAD Supply And Demand Analysis-Higher timeframe weekly = Price sitting low in a 2 year sideways range where buyers have taken control each time so it's reasonable to look for buying opportunities.
-Lower timeframe 4hr = Price showing evidence on 1hr and 4hr by breaking downward trend lines and removing opposing pivot point zones showing evidence of buyers taking control.
-Quality drop base rally created and currently waiting on a pullback.