FSLR Long Weekly Asset Class: Stocks
Income Type: weekly
Symbol: FSLR
Trade Type: Long
Trends:
Short Term: Up
Long Term: Down
Set-Up Parameters:
Entry: 212.83
Stop: 202.14
TP1 223.52 (1:1)
TP2 234.22 (2:1)
TP3 244.91 (3:1)
TP4 255.6 (4:1)
Trade idea:
4H fresh demand zone formed by a drop-base-rally at the breakout level, with a Gap up and a 1:4 risk-reward ratio. Confirmation Entry when The stock bounce back from the DZ
!!Be aware of pending Economic Reports. If price is within 20 pips of proximal value at time of major impact report, then Confirmation entry.
Trade management:
**When price hits 1:1 or T1, consider moving stop to entry in case of pullback.
**Disclaimer**:
The trading strategies, ideas, and information shared are for educational and informational purposes only. They do not constitute financial advice or a recommendation to buy or sell any securities, currencies, or financial instruments. You should do your own research or consult with a licensed financial advisor before making any trading decisions. The author assumes no responsibility for any losses incurred from following these trading ideas.
Supplyandemandzones
NASDAQ SHORT TRADE IDEAMarket Makers' Bias:
-Fund Managers are currently holding net selling positions and signaling a bearish divergence on the Weekly price chart.
The last time Fund Managers showed net buying positions with a bullish divergence, the market rallied for an entire week afterward; Now a bearish divergence
Additional Fundamental Bias:
-The Nasdaq appears overvalued relative to U.S. Treasury bonds, suggesting that tech stocks within the Nasdaq Index, such as #AAPL, #META, and #GOOG, may be similarly overvalued and likely to experience a downturn.
-We also have Price gaps, they normally act as a magnet to be filled.
Technical Analysis portion:
-We are just hit the weekly covered daily Supply zone, price could be ready for a bearish move now.
-Opposing gap zones and Demand zone can be your potential profit target.
OTHERS:
>Scalpers can ride the bullish trending week
>Long term traders can position for a Sell for next week or position a Long trade at Supply for a retest.
***As always, trade safe and make sure to do your due diligence when analyzing the charts.***
Let’s see how this plays out... 👀👀
GBPUSD BULLISH **British pound GBP Value Correlation to USD
>We are now in the Oversold region Signaling for a bullish trend week.
Technicals:
>Price entered the Demand Zone last week, and could be ready to rally this week.
>We can see 2 consecutive higher lows
>Price could reach to the opposing Supply Zone that initiated the bearish imbalance.
OTHERS:
>Scalpers can ride the bullish trending week
>Long term traders can position for a Sell for when it reached the opposing supply zone and we get an overbought reading
***As always, trade safe and make sure to do your due diligence when analyzing the charts.***
AUDUSD Long 14/10/24Asset Class: Forex
Income Type: Weekly
Symbol: AUDUSD
Trade Type: Long
Trends:
Short Term: UP
Long Term: Up
Set-Up Parameters:
Entry: 0.67402
Stop: 0.66922
TP 0.69823 (5:1)
Trade idea:
Confirmation Entry, 1D DBR , Downtrend Reversal to Uptrend from a Daily DZ, RSI oversold.
!!Be aware of pending Economic Reports. If price is within 20 pips of proximal value at time of major impact report, then Confirmation entry.
Trade management:
**When price hits 1:1 or T1, consider moving stop to entry in case of pullback.
** Put alarm above the SL as there is a FVG just below it, if the price pullback close to the SL consider moving the SL below the FVG@0.66736
**Disclaimer**:
The trading strategies, ideas, and information shared are for educational and informational purposes only. They do not constitute financial advice or a recommendation to buy or sell any securities, currencies, or financial instruments. You should do your own research or consult with a licensed financial advisor before making any trading decisions. The author assumes no responsibility for any losses incurred from following these trading ideas.
EUR/USD Shorts from 1.09600 back down This week’s EUR/USD (EU) outlook is quite similar to my GU analysis, with the market continuing its bearish trend. I’ll be waiting for price to retrace back to the 16-hour supply zone, where I’ll look for entry opportunities on the lower time frames.
My target will be around the demand zone I've marked, which is near some liquidity. Depending on the confluences, I may consider a temporary counter-trend buy, but we’ll see which point of interest (POI) price reacts to first.
Confluences for EU Sells:
Structure Break: Price has broken to the downside, leaving a clear supply zone.
Bearish Market Structure: Overall market structure remains bearish, supporting this pro-trend idea.
Bullish DXY: The dollar (DXY) is gaining strength again, increasing the likelihood of stronger bearish pressure on EU.
Liquidity: Significant downside liquidity in the form of swing lows and engineered liquidity.
P.S. If price breaks through my supply zone and fills the imbalance above, I’ll shift my focus to the 15-hour supply zone to evaluate further sell opportunities.
GBP/USD Bearish weakening, potential buys from 1.30500This week looks promising for my type of setups, with both sell and buy opportunities presenting decent prospects. I’ll be waiting for high-quality lower time frame confirmations before taking any trades. Depending on which point of interest (POI) gets hit, I’ll adjust, but ideally, I’m looking to sell from the supply zone down toward the demand zone.
Once price reaches the 15-hour demand zone, I’ll shift to looking for buy opportunities, targeting the imbalances above and the untouched Asian session highs. Although the overall trend is bearish and sells look favorable, I plan to wait for a mitigation of the higher supply zones around 1.32500 before committing to any shorts.
Confluences for GU Buys:
- The refined 15-hour demand zone has caused a CHOCH to the upside.
- There are significant imbalances and liquidity above that need to be filled.
- For price to retrace to the supply zone, it must first move upward.
- The US Dollar Index (DXY) is sitting in a strong supply zone, which could trigger a drop in the dollar, supporting bullish momentum for GU.
Note: If the buy scenario doesn’t play out as planned, I’ll wait for a strong supply zone to sell from and continue the bearish trend. However, given that price is already in a higher time frame demand zone, I wouldn’t be surprised to see an upward push as early as Monday.
The Patience Game: Waiting for Binance to Drop to $335 demandLook at the significant monthly demand level for Binance’s BNB at $335. The chart below displays where this imbalance is situated. Will Binance decrease to that level? We cannot say for certain, but it is what we anticipate in the upcoming weeks. It is possible that Binance will not drop and instead continue to surpass its all-time high, but we are discussing probabilities here.
GBPUSD BEARISH FOR THIS WEEK **CHECK MY EURUSD ANALYSIS FOR THE CFTC COT REPORT BIAS
CFTC COT Report Bias: BEARISH
**British Pound's value against the Dollar is still at the over-sold region
**Supply and Demand Analysis - Price Is accumulating at Supply Zone #1 and could reach Zupply Zone #2 before the bearish move and could target the opposing demand zones highlighted on the chart.
**Others - the catalyst for the bearish move could be the US FED news release on Monday.
***As always, trade safe and make sure to do your due diligence when analyzing the charts.***
EURNZD Forex Cross-pair long-term investment opportunityEURNZD Forex Cross-pair long-term investment opportunity. A strong weekly demand level at 1.76 has taken control. Expecting a strong bullish move from here in the following weeks. This is great to start looking for short-term and intraday long opportunities.
NZDUSD SHORT TRADE OUTLOOK (SEPT. 24-27)>The New Zealand Dollar experienced an explosive rally today, deeply penetrating and ultimately invalidating the highlighted supply zone, indicating the exhaustion of any remaining unfilled orders.
>We can now observe five invalidated supply zones lined up on the chart.
>Above these zones lies a high-quality, fresh supply zone, where significant stop-loss orders and a large volume of sell orders could potentially accumulate in anticipation of the upcoming FED speech on Thursday, which may act as a catalyst for a sharp drop.
>The US Dollar Index remains undervalued ( refer to my USD analysis for more insights ).
>Given that the NZD is currently overvalued, the price may soon seek reasons to turn bearish. For this to happen, a considerable volume of sell orders will be needed to trigger a downward move.
***As always, trade safe and make sure to do your due diligence when analyzing the charts.***
GBP/USD Longs from1.32000 back up This week's analysis for GBP/USD (GU) focuses on a potential retracement back to the 6-hour demand zone I've identified. Currently, the price is at one of my points of interest (POI) from last week, and we're already seeing signs of rejection. This suggests that the price may start moving downward from its current level. We’ll wait for mitigation at the demand zone before considering long positions again.
However, if the price breaks through the supply zone and continues upward, there's an unmitigated weekly supply zone that could trigger a reversal. We'll have to monitor this, but for now, I’m aligned with the current bullish trend and hope to see a retracement, providing an optimal entry for buys.
Key confluences for a potential GU buy:
- The price has broken significant structure to the upside, indicating a desire to continue upward.
- There’s a clean, unmitigated 6-hour demand zone, my main point of interest for potential long opportunities.
- This analysis is in line with the prevailing bullish trend we're observing.
- The dollar is showing bearish tendencies, which further supports a bullish outlook for GU.
P.S. If the price suddenly drops and breaks through the demand zone, we can expect a major reaction at that level.
SWING IDEA - SHAREINDIANSE:SHAREINDIA is currently at a good buying range. Stock has also corrected about 30% from its top and has started forming good support.
MACD is indicating a good bullish momentum that is still at an early stage and could start soon.
Stock is also bouncing off from its Supply/Demand zone as marked in grey box on chart.
Could take a while by the time the trade completes. Patient is Key here.
Polymesh Cryptocurrency $POLYX long-term trade ideaPolymesh Cryptocurrency $POLYX long-term trade idea.
This cryptocurrency is reacting strongly, as expected, to the imbalance mentioned last May 2024. This reaction has provided us with a bunch of long intraday short-term crypto trade ideas. Hopefully, this crypto will continue to rally to higher ground.
XAGUSD / TRADING UNDER DOWNWARD PRESSURE - 4HXAGUSD / 4H TIME FRAME
HELLO TRADERS
Tendency , prices is under downward pressure , until trading below turning level at 29.65 .
Downward Condition : With the price holding steady at the current turning level at 29.65 , it is likely to decline towards the support level of 28.85. If it stabilizes below this level, it could then reach the next target level of 28.11 .
Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 29.65 , leading to a rise toward the resistance level (1) at 30.48 . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 31.28 .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 30.48 .
RESISTANCE LEVEL (2) : 31.28 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 28.85 .
SUPPORT LEVEL (2) : 28.11 .
TURNING LEVEL : 29.65 .
$GBPCAD | Watchlist | Sell Limit | Technical Confluences:
- Stochastics has entered into Overbought conditions in the Daily and H1 Timeframes
- Price looks like it will target the top of the smaller parallel channel; it coincides with the 50% Fibo Extension levels
- If the 50% Fibo levels break, we may visit the 61% Fibo Extension level; the next range of Interest Zone and the top of the larger Parallel channel
- Gauging the Elliot wave count, GBPCAD is trying to complete Wave 3 move (we will then enter this trade to capture the Wave 4)
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Will be looking to set some Sell Limit orders in the Sell Limit Zone area and Target the 50 - 61% Fibo Retracement levels
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$GBPUSD | Sell Trade H4 | Execute & Sell Limits |Technical Confluences:
- Price action is between a 50 - 61% Fibo retracement range
- Horizontal trendline coincides with the 61% Fibo retracement levels
- Price is also at a Supply Zone range
- Stochastics on the H4 is in Overbought conditions
Fundamental Confluences:
- Market is reeling with the optimism of incoming FED cuts but FED seems to feel differently based on the few FED speaker's speeches
- The riots in the UK will definitely have some economic drag on the GDP
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Will be executing my 1st sell entry into FX:GBPUSD and set Sell Limit orders as show in the charts.
Targeting to TP approximately half the position at the 38% Fibo Extension levels (in blue) and move my SL levels to B/E.
Full TP are the 61%/78% Fibo Extension levels.
Remember, DYOR.
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Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. DYOR.
USOIL ( BREAKOUT LAST SUPPLY ZONE ) ( 4H )USOIL
HELLO TRADERS
after breakout last supply zone , the price stabilizing up trading , on the Friday price can be breaking supply zone and starting a rising , currently it will be attempt to reach a next supply zone around 78.56 .
Tendency , after price breaking a supply zone , currently price is under upward pressure .
Upward Zone : currently price trying to reach a resistance level (1) at 78.56 , possibly of the price retest a turning level at 76.37 before rising , breaking resistance level (1) with remain this level it continues the upward trend to touch resistance zone between 81.02 and 83.53 .
Downward Zone: by breaking turning level with closing 4h candle below it , the price decline to reach support level (1) 74.76 , after remain below this level we see a downward trend to reach a regions 71.80 and 69.64 .
CORRECTIVE : currently price it will be attempt for retest to reach a turning level at 76.37 before to see upward trend .
TARGET LEVEL :
RESISTANCE LEVEL : 78.56 ,81.02 , 83.53 .
SUPPORT LEVEL : 74.76, 71.80 , 69.64 .