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Supplyandemandzones

Top Reasons to Buy Simon’s Cat Token Meme CoinWelcome to the purr-fect intersection of memes and crypto: Simon’s Cat Token! As we leap into the end of 2024, digital currencies are evolving faster than ever, and among them stands a true contender that combines humour with investment potential. Imagine a world where your love for adorable feline antics can also lead you toward financial gains—sounds enticing, right? The daily timeframe is trending up. New daily demand levels are being created and respected. A new imbalance is being created. Watch the video below to learn more about Simon’s Cat Meme Coin projections for 2024 and 2025. Let's see if it drops to the new daily imbalance being created at 0.000044.
Long
by AlfonsoMoreno
1
BTCUSD | Trade ideaBTCUSD is trading weak ahead of the US Non-Farm Payroll (NFP) data, having hit a low of $55,282 and currently hovering around $55,958. The number of large investors holding between 100 and 1,000 BTC has reached a one-month high of 16,120, indicating that whales are buying BTC at lower levels. BTC ETFs have experienced an outflow of $211 million, marking the seventh consecutive day of withdrawals. According to the CME FedWatch tool, the probability of a 25 basis point rate cut in September has dropped to 57% from 70% a week ago. US Markets: NASDAQ (negative correlation with BTC): Bearish but neutral for BTC, trading weak ahead of the NFP data. A close above 20,000 could push the index to 20,500. Technical Analysis: BTCUSD is trading below the short-term 34-EMA and 55-EMA, as well as the long-term 200-EMA on the 4-hour chart, indicating weakness. On the daily chart, BTC remains below both short- and long-term moving averages, confirming minor weakness. Support Levels: Minor support at $54,000. A break below could push BTC to $53,000/$50,000/$46,000. Bullish Scenario: Primary supply zone: $57,000. A break above this level could confirm intraday bullish momentum with potential targets of $60,000/$61,800/$63,000/$65,000/$67,000/$70,000. Secondary barrier: $70,000. A close above could target $75,000/$80,000.
COINBASE:BTCUSDLong
by DynamicCapital-FX
GBP/USD Sells from 1.2700 back downThis week, I expect GBP/USD to continue its downtrend, following a clear change in character and a break of structure on the higher timeframe, signaling bearish momentum. My primary plan is to wait for a retest of the 2-hour supply zone, located above the Asia high. Once the Asia high is taken, I’ll look for confluences to execute potential sell trades. If the 2-hour supply zone fails to hold, I’ll shift my focus to the 10-hour supply zone, which represents a significant structural point. Should price distribute in this area, I’ll look for major sells to align with the prevailing bearish trend. Confluences for GBP/USD Sells: - Liquidity Below: There’s substantial liquidity to the downside waiting to be taken. - Bearish Momentum: The pair has been bearish over the past two weeks. - Break of Structure: Price has broken key levels to the downside on the higher timeframe. - DXY Correlation: The dollar index (DXY) is aligning with this bearish setup. - Key Supply Zone: A well-defined supply zone caused the initial downside move. Note: As price approaches the 8-hour demand zone, I’ll also consider any long opportunities to take price up to the supply zone for a countertrend move, rather than waiting for bearish setups exclusively.
Short
by Hassan_fx
December 11 2024 - Buy Limit Activated GBPJPY TRADEAs I checked one of my favorite pair in forex, I noticed that gbpjpy moving a bullish direction. One thing is certain here I will ride the pullback if supply was introduced in this market aiming for buy limit pending order in important swing low with demand. If you will noticed my chart during london session supply was introduced to mitigate Demand zone with validity. I like to trade demand and supply area with "PROOF". Please check my charts for additional information. RR: 1:4 Intraday (London-New york Session ) ATR: during that time = 10 #wyckoff #supplyand demand
Long
by glyrad
GBP/USD drop to 1.282We can predict that this week the pound will continue to fall as it directly goes against the dollar and we all know the dollar is on a rally up as of now after the elections. I have 2 scenarios that will play out for the pound to continue dropping. Scenario A: Market open price pushes down to take the EQL liquidity and breaking structure to the downside in order to validate the hourly order block and react from it in order to come down towards the weekly demand where I believe it will then have a bullish reaction over the next couple of weeks. Scenario B: Market open price pushes up taking Thursdays high and the ASH that remains tapping off the 3H supply left at the last swing high before melting to the weekly demand. Note: It is very possible that price may drop without reacting from any of these zones but is also very unlikely as price structure follows and repeats patterns and needs to take liquidity in order to move.
Short
by JamelCapital
Technical Analysis on Visa (V)Visa's stock ( V ) shows a clear long-term uptrend. Following a decline in 2022, it regained its 2021 highs in early 2024, breaking through resistance and continuing its upward trend. The stock reached new highs around the $290 area, then retraced, forming a bullish flag pattern, down to a support area near $250. Currently, it is testing the highs again in the $290 area, reached via a gap up after positive earnings and revenue announcements. If it confirms a breakout above resistance, with a potential retest, the stock could continue its bullish trend.
NYSE:VLong
by Giovanni_Bandini
Gold Out LookAs we had a rally upward last week and got tons of Profits following Technicals as well as this week is concerned still bullish in GOLD Confluences Price is following a bullish channel and show some rejection from channel last week 50 SMA on H1 is also bullish From Monthly to weekly to daily to H4 to H1 to M30 to M15 gold is all bullish Geopolitical situations are also in favour of Gold price as Iran and Israel tension has escalated last week closing we can see a rally upwards So gold is bullish and we are too bullish on Gold if Price breaks above 2752 level of previous ATH it will go bullish to its physiological level
OANDA:XAUUSDLong
by Wakeel_Saab
3
ASPI Short (Overbought) Asset Class: Stocks Income Type: Daily Symbol: ASPI Trade Type: Short Trends: Short Term: Down Long Term: Up Set-Up Parameters: Entry: 3.52 Stop: 3.64 TP1 2.92(5:1) Trade idea: 1h RBD formed as the stock overbought, trading the correction of the uptrend targeting the formed FVG and the DZ at 2.90 !!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.
NASDAQ:ASPIShort
by MESHANL
1
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.
NASDAQ:FSLRLong
by MESHANL
1
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... 👀👀
CME_MINI:NQ1!Short
by TradersPod
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.***
Long
by TradersPod
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.
Long
by MESHANL
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.
Short
by Hassan_fx
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.
Long
by Hassan_fx