EGLDUSDT wants the supply zoneThe price is testing the 0.5 Fibonacci level as new support after a rejection from the supply zone on 58$.
As you can see on the chart, the liquidity is on the 4h resistance
How to approach?
The price could get new liquidity from the resistance and create a new bearish impulse until the previous demand zone around 44$ where the market has the daily support. According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
Supplydemandanalytics
Just Tested The Steping stone Demand In general H4
Price is in the Retracement Phase / Correction Period to the H4 demand level
before going higher or lower if supply is still in power, but evidence of CHoCH / Sign of Strength can be seen from the candle pattern forming a new Higher High and Ultra High Demand volume.
Price projection has objectively violated the last HH price at 1869.72 (May 24th)
and OVERSOLD Condition 1824.54 (June 1st)
we'll see Monday
how Prices React to market sentiment
We monitor consolidation and confirmation
for for price Rise higher to zone 1880 - 1899
Or down to 1830 -1810 zone
Have a great Trade A head
----Bahasa Indonesia----
Secara General H4
Harga dalam Phase Retracement / Masa Koreksi ke level demand H4
sebelum naik lebih tinggi atau lebih rendah jika supply masih berkuasa, namun bukti CHoCH / Sign of Strenght terlihat dari candle pattern membentuk new Higher High dan Demand volume yang ultra High.
Price projection secara objective telah melanggar harga HH terkahir di 1869.72 (24 Mei)
dan OVERSOLD Condition 1824.54 (1juni)
kita lihat senin,
bagaimana Harga Bereaksi terhadap sentimen pasar
Kita Pantau konsolidasi dan konfirmasi
untuk untuk harga Naik lebih tinggi ke zona 1880 - 1899
Atau turun ke 1830 -1810
Salam TraderBarokah
Gold trading idea, XAUUSD analysis with Sell zone updateSee previous posts for details.
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* This is Pre-plan and an education post
That means my view can change, depending on how the price will arrive at the level and what will be happening on the M5 in my level of interest for entry. Then I will decide if I will enter or not. So please don't just blindly follow this. The FX market is a quickly changing environment and it requires full focus on the levels for the precise entry with low risk.
* DISCLAIMER
We are the only one person who is responsible for our health, relationships, success, and money in our lives. So taking a risk on the markets based on this idea is only and only your decision. You deserve the profit and you are responsible for your potential loss. Any opinions, news, research, analyses, prices, or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. The author of the analysis does not accept liability for any loss or damage.
* Legal Risk Disclosure
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
TRXUSDT is testing the supply zone
The price is testing the 0.786 Fibonacci level, it's a key level for the market.
On the weekly timeframe, the price lost the support on 0.083$
On the daily timeframe, the price had a breakout from the daily resistance of 0.072 $ and retested as new support.
On the 4h timeframe, the price needs to create a breakout from the supply zone above the 0.085 and retest as new support.
How to approach it?
IF the price is going to have a breakout and retest the previous resistance as new support, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
JICPT| Tesla bullish setup on the zone($544-$580)Hello everyone. Tesla dropped by almost 50% from the peak. On the weekly chart, it's still in the uptrend.
The nearest demand zone is $544 to $580. I think it'll be served as solid zone and it'll be rebound once hit.
What do you think? Give me a like if you're with me.
Wyckoff Logic Supply and Demand EURUSD
Technical analysis
Cause, re-distribution, equilibrium sequence between demand and supply between quotas, supply zone 1. 05916 & 1. 04703 demand zone .
Supply is greater than Demand!
Implications, bearish!
Pattern Drop base Drop!
The effect generated by approx
170 pips.
SL 1.05346
Entry, sell! 1.4040
TP 1.02350
⭕ = circle
⏹ = square
🔺️ = triangle
Unit = ⭕ market
Polarity = 🔺️demand & 🔻supply
Equilibrium = ⏹ range ("the ratio between supply and demand is =")
PRINCIPLE OF DEMAND AND SUPPLY
The law of supply and demand
- here the analysts study the relationship between supply and demand , having as a reference point the price and
volume over a period of time as shown on the chart.
KEY DEFINITION
The law of supply and demand is of the utmost importance. If the application to
buy an instrument (currency pairs, stocks, commodities , metals, bonds, cryptocurrencies)
is higher than the available supply, the only way the demand can be met is
for the price to rise to a level that attracts enough supply to match demand.
When this point is reached, the price does not advance. If the offer to sell is
higher than the demand to buy, the only way the supply will be absorbed is as
the price drops to a point that attracts enough demand to absorb all
the amount. When that happens, the price doesn't go down.
WYCKOFF LOGIC SUPPLY AND DEMANDAUDJPY
Technical analysis
Cause, distribution, equilibrium sequence between demand and supply between quotas, supply zone 94.346 & 90.744 demand zone .
Supply is greater than Demand!
Implications, bearish!
Pattern Rally base Drop!
The effect generated by approx
500 pips.
SL 92.084
90.528 Entry, sell!
TP 84.895
⭕ = circle
⏹ = square
🔺️ = triangle
Unit = ⭕ market
Polarity = 🔺️demand & 🔻supply
Equilibrium = ⏹ range ("the ratio between supply and demand is =")
PRINCIPLE OF DEMAND AND SUPPLY
The law of supply and demand
- here the analysts study the relationship between supply and demand , having as a reference point the price and
volume over a period of time as shown on the chart.
KEY DEFINITION
The law of supply and demand is of the utmost importance. If the application to
buy an instrument (currency pairs, stocks, commodities , metals, bonds, cryptocurrencies)
is higher than the available supply, the only way the demand can be met is
for the price to rise to a level that attracts enough supply to match demand.
When this point is reached, the price does not advance. If the offer to sell is
higher than the demand to buy, the only way the supply will be absorbed is as
the price drops to a point that attracts enough demand to absorb all
the amount. When that happens, the price doesn't go down.
Wyckoff Logic Supply and Demand GBPUSD
Technical analysis
Cause, RE-distribution, equilibrium sequence between demand and supply between quotas, supply zone 1.23805 & 1.2275 demand zone.
Supply is greater than Demand!
Implications, bearish!
Pattern Rally base Drop!
The effect generated by approx
300 pips.
SL 1. 24628
1.23349 Entry, sell!
TP 1.2000
⭕ = circle
⏹ = square
🔺️ = triangle
Unit = ⭕ market
Polarity = 🔺️demand & 🔻supply
Equilibrium = ⏹ range ("the ratio between supply and demand is =")
PRINCIPLE OF DEMAND AND SUPPLY
The law of supply and demand
- here the analysts study the relationship between supply and demand , having as a reference point the price and
volume over a period of time as shown on the chart.
KEY DEFINITION
The law of supply and demand is of the utmost importance. If the application to
buy an instrument (currency pairs, stocks, commodities , metals, bonds, cryptocurrencies)
is higher than the available supply, the only way the demand can be met is
for the price to rise to a level that attracts enough supply to match demand.
When this point is reached, the price does not advance. If the offer to sell is
higher than the demand to buy, the only way the supply will be absorbed is as
the price drops to a point that attracts enough demand to absorb all
the amount. When that happens, the price doesn't go down.
Wyckoff Logic Supply and Demand USDCAD
Technical analysis
Cause, accumulation, equilibrium sequence between demand and supply between quotas, 100.295 supply zone & 91.755 demand zone .
Demand greater than supply!
Pattern Rally base Rally!
Implications, bullish!
The effect generated by approx 270 pips!
SL 1.27920
Entry 1.29477, buy!
TP 1.32235
⭕ = circle
⏹ = square
🔺️ = triangle
Unit = ⭕ market
Polarity = 🔺️demand & 🔻supply
Equilibrium = ⏹ range ("the ratio between supply and demand is =")
PRINCIPLE OF DEMAND AND SUPPLY
The law of supply and demand
- here the analysts study the relationship between supply and demand , having as a reference point the price and
volume over a period of time as shown on the chart.
KEY DEFINITION
The law of supply and demand is of the utmost importance. If the application to
buy an instrument (currency pairs, stocks, commodities , metals, bonds, cryptocurrencies)
is higher than the available supply, the only way the demand can be met is
for the price to rise to a level that attracts enough supply to match demand.
When this point is reached, the price does not advance. If the offer to sell is
higher than the demand to buy, the only way the supply will be absorbed is as
the price drops to a point that attracts enough demand to absorb all
the amount. When that happens, the price doesn't go down.