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Supplydemandanalytics

BOH Bank of Hawaii Is this a safe short?BOH has been in a downtrend for 2 months since the very beginning of the small bank crisis all precipitated by the fed and its rate hikes confounding the value of bonds with fixed yields. As can be seen on the 4H chart, price was in consolidation in January and February but the dropped out of the supply / resistance zone which is quite thick by the Luxalgo indicator. Price hit another consolidation range at about $ 50 and then moved lower as the banking crisis was temporarily stabilized but then took another downside leg. the moving averages show price underneath both the EMA 100 and EMA 20 while also in the range of three standard deviations below the mean anchored VWAP. the EMA100 and the mean anchored VWAP provide confluent super-trend direction. Support is breaking down; Price is in the deep undervalued area and has not stabilized where it is. As such it bargain hunter's dream but more likely a solid and sate shorting candidate. I always keep in mind if a catalyst such as federal rescue measures comes into play, and price reverses above say $36.00 some buying momentum could come into effect especially if short sellers need to cover their positions to out with a small profit or loss. This play would have far less liquidity than PACW but perhaps more room to the downside from which to realize profit.
NYSE:BOH
by AwesomeAvani
AUDUSD Potential SellWeekly: -remains bearish in my opinion -closed very bullish -high probability of opening bearish on the short term Midrange: -tapped into a zone of orders/supply level on H4: -Friday low at 0.66890 the most preferred level to grab liquidity and rally thereafter -50-60 pip potential Trade plan: await a close of the spread window (usually 1hr into the market open), and take a sell of the pair if and when the market indicates a clear rejection on M15 in favor of the bears. Target: 0.66850 NOTE: this is not to be construed as financial advice. It is simply my opinion based on my analytical tool.
Short
by lovinmulika
JICPT| Gold range move, hesitate to test previous ceilingHello everyone, it's been a while since I published the last trade idea. Gold has been in a strong upward trend since last November against the backdrop of weakening US dollar index. I've add two lines in the chart for reference. Yellow line : the US dollar index. As we know, gold is priced in USD. Hence, gold and the USD normally has a negative correlation. You can seen that the gold price moved perfectly in the opposition direction of the index since Oct. purple line : China gold reserve. We can see China started to increase holding of gold from November. Due to the geopolitical tensions, China dumped over 400 billion US treasuries to diversify its foreign reserve. From my point of view, the two ceiling around $2073 marked in the chart is created by two different reasons. I don't think price will easily pass through it. The bottom is $1616. What I described above is the normal case. What if gold surpasses the ceiling of $2073? Though, the probability is low, it means investors loss the confident of fiat currency and turn to the gold just like those before World War 1. Give me a like if you're with me.
FX:XAUUSD
by JICPT
SOL, at major levelhey guys today i'm here with a sol analysis that just came to my eyes, the schiff fork could not hold the trend very well and that's fine since it will now indicate a broken hagopian line that can lead price to marked levels, this is still not confirmed since we are at pullback level of a broken support zone which is now resistance and it's just the first touch, BUT if it breaks the targets are not out of range and can be easily reached, keep an eye on solona :) have great time trading!
Long
by TheCryptoFork
Bank Nifty @ Supply ZoneSupply Zone @ 42000-42200.... Demand Zone @ 41500-41800... Demand Zone @ 41275-40730... Bank Nifty closed @ the Supply Zone but it is having multiple demand zones on the down side. I am not interested to take positional short trade from supply zone but I will take intraday short position once i will get the bearish conformation. Sustain above 42200 I will avoid short position and may take a positional long position. Let market decide first from 42000-42200 zone...
NSE:BANKNIFTY
by svapnilchoksi
GBP / USD - DOES IT NEED A CORRECTION?GBP / USD - DOES IT NEED A HEALTHY CORRECTION? My analysis today deals with how the further course of our popular Forex pair "GBP / USD" could look. > The technical analysis and selected indicators, confirm the thesis of an imminent sell-off. = Why, that I explain after the introduction. The DXY / USD has a non-negligible impact on GBP / USD, as the whole economy depends on its behavior, and it directly competes in composition. > Meanwhile, this seems to take a run-up, for a final upswing, which could put the currency pair under massive selling pressure. > Regardless of these selling pressures coming from the USD, GBP / USD has arrived at a very strong support, which suggests a rising price. In the following, the analysis goes into detail, so that the significant levels and areas are known to you. For this purpose, I have performed a "MULTI-TIME-FRAME" analysis, which refers to the higher time units (month & week) and thus makes the big picture visible. Normally all time units below "1h" are called noise, but even a - 1h-4h - analysis is of no use to you, if the knowledge about the big and whole is missing. > We traders know that no one can predict the future, and that is exactly why you have to be prepared for all initial situations. > If the DXY should rise again, that means "BLOOD" for the traditional and crypto markets. > This creates dangers, but also opportunities - it is important to look at the big picture. > Which levels are RELEVANT, I have explained in detail in the following pages. Table of contents 1st part = INTRODUCTION 2nd part = TECHNICAL ANALYSIS = Monthly - Time frame = Weekly - Time frame 3rd part = CONCLUSION PART ONE "INTRODUCTION" After "GBP/USD" tried to break out of its previously existing downtrend in May|2021, a strong sell-off was subsequently unleashed. > This sell-off extended to September|2022, where we formed our currently existing low. > After this significant low of 1.03565 USD (lowest exchange rate since the existence of the GBP), investors' fears subsided a bit and a massive buying of 20.19%, to 1.21534 USD occurred (in less than 2 months). > Due to this extreme upward movement, we can assume that a correction is overdue. This is needed so that a healthy recapture, an acceptable exchange rate can arise. > In recent weeks, the strong upward movement has stalled a bit, making the correction I expect more and more likely. CONTRA | SELL-OFF = Despite the strong reasons for a sell-off, the price can approach the not yet tested downtrend line, which would be at approx. 1.28 USD. = In addition, the price has regained a sideways trend channel and has respected it so far. PRO | SELL-OFF = The significant Fibonacci level of 0.65 (of the previous upward movement) was reached and tried to be broken twice without success. = The "DAILY" - MACD + RSI - both show divergences, which further strengthens the correction thesis. > Once you look at the DXY (USD index) at the higher time levels, the further sell-off in the traditional markets becomes even more likely. (My DXY analysis is linked below this post, for confirmation purposes). SECOND PART TECHNICAL ANALYSIS For the analysis of the higher time levels, I proceed according to the onion-skin principle. > MONTH - level > WEEK - level > DAY - level These are divided into > SUMMARY > CHARTS The charts are presented in logarithmic scaling, as the given information can be visually presented in a more harmonious way. (This also refers to Fibonacci levels.) 1st MONTH – Time frame SUMMARY The trend channel shown in the chart, in turquoise, finds its root in 1972 and has been able to maintain itself as a legitimate trend channel since then. Its mid-trend line showed reactions when confronted and was respected by the market. > The price is in the area below the mean line and had unsuccessfully challenged it in 2021. The trend channel shown in the chart, in purple, formed since 1976 and represented a hidden sideways channel. > The price is far from the channel and will not provoke a confrontation in the coming months. The trend line drawn in the chart, golden, has its origin in 2007 and proved to be a very strong resistance. > The price challenged this between "early 2021 - to early 2022" unsuccessfully and subsequently experienced its strong sell-off. As we go into more detail about the "SUPPLY & DEMAND" zones, you can take a closer look at the following "DEMAND" + "SUPPLY" zones on the chart. > The "DEMAND" zone 1, is STRONG = Played a role in the last bottom formation. > The "DEMAND" zone 2, is VERY STRONG = Played a role in the last bottoming out. > The "SUPPLY" zone 1, is STRONG = followed a strong move + it goes along with the mid-trend line of the largest trend channel (origin | 1972) The Fibonacci retracements should serve us as additional confirmation, and have been taken into account in past movements (last decades). > FIB 1 | will serve as resistance should the price attempt another run-up. > FIB 2 | represents all relevant levels, for a possible sell-off. Past highs and lows usually serve as resistance/support, one of which we have. > OLD LOW | 03/2020 > OLDEST LOW | 1985 Some levels of interest are in front of us, which in the last months + years, played a strong role for the market. > The most relevant at the moment - POIs are (1.20 + 1.185 USD) - and have been an important mark since the year 1984. In addition, they currently take a very strong support role. > The other POIs are by no means negligible and will play a role in the price development in the coming days, weeks and months. (Therefore, take your time and transfer the ones that are relevant for you into your chart). OVERVIEW CURRENT RELEVANT CHARTS Overall picture without POIs + without FIBONACCI Overall picture without POIs Overall picture without FIBONACCI ATTENTION In the following time levels, I will only deal with the NEW, added elements. . 2nd WEEK – Time frame SUMMARY IN ADDITION TO THE ALREADY ANNOUNCED TREND CHANNEL + TREND LINES, FURTHER VISIBLE. The trend channel shown in the chart, purple, finds its root in 2016 and since then has been able to maintain itself as a legitimate trend channel. Its mid-trend line showed reactions when confronted and was respected by the market. > The price is in the lowest area of the channel and had regained it. Despite the successful recapture, the price does not seem to be able to hold this position for much longer. The trend lines, drawn in the chart, have the following characteristics. > The - golden - older line served as an excellent support line in the past and was only temporarily broken in 2022 by a "fake-out". > The - golden - line with the shorter history is our current down-sale trendline and would come into play in case of a further rise. > The - turquoise - line will serve us as a "POI support line" during the following correction, as it represented a strongly contested area in the past. The monthly "SUPPLY & DEMAND" zones are joined by others from the weekly view that coincide with other resistance / support elements. > The "DEMAND" zone 1, is VERY STRONG = followed a strong move + was not tested by the price so far + is covered by a monthly demand zone > The "SUPPLY" zones 1+2+3, are WEAK = each followed a Weak move and do not receive additional overlap from a Monthly Supply Zone > The "SUPPLY" zones 4, is VERY STRONG = followed a very strong movement + is covered by a monthly supply zone As further Fibonacci additions, we have four more elements: > FIB 1 | will serve as support, but should not be of great relevance. > FIB 2 | represents a possible target level, for a possible sell-off. > FIB 3 | represents all possible correction levels, for a possible sell-off. > FIB 4 | represents all possible levels for a further price increase. CHARTS Overall picture Overall picture without FIBONACCI THIRD PART CONCLUSION "Is the pound losing its global position as one of the strongest currencies?" If you answered YES to this question, let's look into the reason. > Do you think this is only due to BREXIT, or is the reason a bit more complex? > Let me know in the comments what you think could be another reason and will be in the future. In summary, based on technical analysis, there are strong reasons for a correction. > Since the second attempt to break the 0.65 FIB, less and less strength is showing in the GBP. > A possible break of the resistance elements is not impossible, but highly unlikely. > The divergences in the daily RSI + MACD, suggest a bearish sell-off. For this reason, I assume a weak GBP exchange rate and a strong USD and an accompanying sell-off in the traditional and crypto markets. > Positioning after confirmation of this thesis = SHORT. If this idea and explanation has added value to you, I would be very happy to receive an evaluation of the idea. Thank you and happy trading! ZIEL IST DIE AUTARKIE | THE GOAL IS SELF-SUFFICIENCY
Short
by ZielIstDieAutarkie
5
EUR/USDWhat I see in the US is that the price broke down and reached an area of ​​higher demand. It took liquidity from the low and began an accumulation as I indicated in another projection. It continued to accumulate while slowly rising. It didn't give me any longs with good clear price action so I didn't do anything here. I take it as liquidity what it is doing, gaining strength and then going up. The price can continue to rise in this way. Or go down to take liquidity, perhaps to test the base a little more and then go up. If the price goes down and confirms a valid long, the longs are taken. We must see what the price does. I invite you to leave a comment and to check my social networks that are in my profile. There I post more ideas and trading stuff.
by rstradesuy
GBP/USDWhat I see in GU is that the price took the liquidity from the demand zone, from the low. It began to accumulate and headed bullish as I indicated could happen in another forecast. The price is reaching the supply area that eliminated the demand area for me. The price can give a valid sale in the area or above after taking liquidity from the already tested areas. Where the price confirms, a sale is taken if it is valid. In the zone or above. I invite you to leave a comment and to check my social networks that are in my profile. There I post more ideas and trading stuff.
by rstradesuy