EURUSD weekly Bias | potential bearish sentimentconsidering the liquidity taking at 1.10484 and the instant bearish fall has negate the demand zone around 1.09378 - 1.09134 hence expect more of bearish sentiment
Supplydemandanalytics
CORN wedge / triangle coiling for breakout LONGCORN on the daily chart since late June has fallen to the present level with a
flat or slowly falling support line. I see this as a falling wedge or a flat bottom triangle
slowly setting up a breakout whose upside could be 30% or more. Price had a nice
green engulfing bar to finish a down week in the general markets. CORN does not
follow the general market. It is following the collapse of the Black Sea grain deal and
the increases in the Brazil export levels. Brazil is coming into its growing season now
as it is in the southern hemisphere and spring approaches. The chart shows
CORN inside the triangle/wedge and is approaching its acute corner. I see this as
a long trade setup which I will take. If you want to trade this trade and am curious as to
the specifics as I see them, leave a comment.
potential BUY on demand zone | NasdaqNasdaq gave pin rejections on a demand zone and push to the upside with 4H momentum candle which could possibly indicate the sellers weakness.
on the daily time frame there is a bullish engulfing pattern indicating potential reversal
However WATCH OUT!
GBPUSD shows a bullish moveGBPUSD gave a star pattern after taking the sell side liquidity at 1.26602 which indicate a possible short- term buy, but i expect GU to take the liquidity at 1.26876 before pushing to the upside in to the the supply zone around 1.28066 - 1.27655
Possible bearish correction | USDCHF USDCHF on the daily time frame is still bearish ,after taking the liquidity around 0.87924 level mixed with bearish engulfing pattern and momentum candles, expecting a potential bearish move to the downside for a liquidity grab at 0.86624 ,0.87007 or 0.87175 price value
Potential short-term Buy | GOLDGOLD took the SSL and react on a demand zone given a bullish engulf pattern hence expecting a possible bullish move bellow 1937.48 for liquidity grab at 1947.06 in to the supply zone, note that the supply might give a bit of retracement
USDCAD | Risky short-term sellconsidering the buy side liquidity 1.33865 USDCAD wicked and closed below, along side with a trend line break expecting the previous day high as a liquidity momentum for a push to the down side below 1.33210
USDCAD Price Action Outlook considering the daily Bullish engulfing after taking the SSL on the demand zone could result to a possible take out of the supply zone 1.32341 and further push to the upside, however price might respect the supply zone and push to the downside for SSL hunt.
US30 short-term sellUS30 react to 35680.60 historical price level giving a 4H bearish engulfing which could indicate a possible retracement to 35352.39 or 35261.98 price value
EURUSD potential Buy, risky!EURUSD show a 4H bullish momentum candle (BMC) on demand zone which could indicate a short-term buy to price value 1.10476 liquidity.
watch out! potential supply zone, Nasdaqnasdaq is at extreme level, expecting a rejection at 15903.72 for a possible retracement to 15367.68
GOLD| Expecting, Bearish Sentiment explainedGOLD bulls has loose it after hitting a supply zone 1985.35 along side with a bearish momentum candle expect more to the down side
Nasdaq on Supply zoneNDQ100 is back on the supply zone expecting a short term sell to 15503.35 price value since NDQ100 have taking the BSL 15788.20 in to the zone going long is risky
Potential Rise on DXYdxy shows a strong bullish momentum candle, there is possibly for a potential rise after dxy takes out the BSL in to the demand zone with engulfing pattern expect further rise in to 102.214 zone
USDCHF potential BUYUSDCHF indicate a possible potential buy by indicating a bullish momentum candle, USDCHF will riseto 0.87578
USDCAD Short-term buy on demand zoneUSDCAD approaching a demand zone after going below 1.31567 taking out the liquidity i expect USDCAD to go long, best below 1.31567 on hitting the demand zone 1.31453 to a target 32017 or 32293
USDCAD potential short-term longUSDCAD shows a possible potential bullish continuity to further push to the upside to price point 1.32897 or supply zone at 1.33873 UC react on a strong demand zone.
US30 Will Drop!after a failure swing when price couldn't reach 35392.58 price point and an obvious bearish engulfing all on the supply zone which indicate a potential retracement to 34955.92
EURAUD Buy at 1.6362 (has been trading in a bullish trend since)
Setup: The EURAUD is trading in a bullish trend and has recently broken out above the 1.6362 resistance level.
Entry: Buy at 1.6362 with a stop loss below 1.6316.
Target: 1.6450 and beyond.
This trade is based on the following technical analysis:
The 1.6362 resistance level was a key level of resistance, and the break above this level is a bullish signal.
The RSI indicator is in the overbought zone, which suggests that the trend may be nearing exhaustion.
The MACD indicator is bullish, which also supports the bullish trend.
The risk to reward ratio for this trade is favorable. The stop loss is relatively small, and the potential profit is significant. However, it is important to remember that no trade is guaranteed, and there is always a risk of loss.
GOLD and What to Expectwait for price to reach the demand zone 1937.48 to go long, taking a short position should be around 1972.70 to a target 1944.43
GOLD on a strong Buy zoneif Gold takes out the sell zone as in the red arrow shows, expect a possible rise after a retracement with respect to the strong buy zone.
at this moment gold is in range between these two zones, looking at the candles it obvious seeing a bullish momentum candles, indicating a possibility that the sell zone will not hold.
seeing a momentum candle on a demand zone(buy zone) Gold should rise to 1948.85.
GOLD speculation, what to expect!Making a top down analysis from higher TF, starting from weekly, looking at the ascending trend line, gold is in uptrend, after weeks of correction that broke the trend line into the strong demand zone, moving to daily TF and seeing a reversal candle stick star pattern on the strong demand zone it could be the end of the corrective move.
on 4H TF price is in range between two opposing zone , if the supply is out as in 1937.63 loll there will be a possible rise to next supply zone as in 1967.72 level.
solana Watch Out Supply zone Ahead!Price might retrace at the supply zone to $17.76 but possible buy should be around $16.94 at the demand zone.
observing the descending trendline Solana is bearish since the trendline is not broken also the ascending trend line guiding the retracement into the supply zone if not broken there is possibility for solana to go bullish and take out the supply zone(sell zone)
