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
Supplydemandanalytics
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)
GBPUSD is on Bearish biasGBPUSD respect the sell zone(supply zone) multiple times making the sellers dominant the obvious target is 1.26223 or 1.25991-1.25725 at the demand zone, a possible rise might occur.
USDCAD possible Buyconsidering the strong rejection from the demand, shows that bull might take control around level 1.32349 to the upside value 1.32735 or 1.32858
Nas100 demand setup1- if price comes back and a candle stick closes in the red zone, the setup will be invalidated.
2-price can wick the zone but not close inside.
3-target 1-1.5 rr
EURUSD short-term buy, watch out!Price reacted to a demand zone level 1.08647 indicating a possible further push to the upside as a continuation of the move, a possible short-term buy should be around 1.08743 area, as target should be above the Asian high 1.09143, because the bearish retracement is cause by a bigger time frame.
Is UADUSD turning down?UADUSD rose over 6% since the end of May. Can it go higher? Analysis on the 2H chart suggests
that it cannot. It is presently deep in the resistance/demand zone as delineated by the
luxalgo indicator. A long mult-session volume profile shows the high volume area fairly s
symmetrical about a POC line which roughly corresponds to a 50% Fibonacci retracement of
the uptrend which occurred from May 31st to June 16th. On the MACD the lines have crossed
and are trending down. I can easily conclude that the pair is likely to retrace. I will take a
short selling forex trade.
key zone to go short | USDCHFUSDCHF established a bearish bias on daily time frame wait for price to retrace into the key zone scalp short,
dollar index lift-off to nov 22 price areasdemand level of proximal price @ 101.500 is in control of price , targets levels at nov 22 price areas at supply level of proximal price @ 112.000
supply and demand in combination with price action!
put together by : pako phutietsile, @currencynerd
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.
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.
BTCUSDT 4hHi Guys,
btc and crypto markets jumped after SP500 poor day -negative correlation days equities strengthen probability of independent crypto breakouts,
SecondChanceCrypto
⏰26/April/23
⛔️(DYOR)
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
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.
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!
ES1 Price Action pending reactionPrice action tends to interact with AVWAP in confluence to the pending retest @ resistance. Fisher Transform oscillator on H4 suggesting the trajectory in time. An extensive wave inner impulsive bearish wave (iii) expected till local demand.
Sharjeh Islamic Bank(SIB) UAE ADXSharjeh Islamic Bank(SIB) UAE ADX
Good Price To buy For TP1:2.15 =12% but its Uptrend Better To Save Profit and Let some Part of Your Asset Goes on
Please Support And Share
BURJEEL HOLDING ADX UAE BURJEEL HOLDING reaching demand zone
ready for upward movement
ENTRY:2.14
SL:2.05
TP:2.68
RR=25% to TP1 but its direction is upward you better save profit and let 20% goes on
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...
Potential short-term short on BTCThis is not a "place a limit order" type of idea for me, rather an area to anticipate potential reversals due to the liquidity left behind on both sides.
We are currently aiming to take the buyside liquidity so therefore, once this happens I will be looking for reversal signs and targeting the sellside in the form of a weekly FVG.
