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Supply Zone

DXY (Dollar Index) Shorts from 103.300 down towards 101.500My bias for the dollar this week remains bearish, leading me to seek pro-trend trades from any proximate valid supply zones. With the recent reaction from my prior 3-hour demand, I anticipate the price to continue its ascent to address the imbalances above. Subsequently, my expectation is for the price to undergo distribution within a supply zone identified on the 14-hour chart, providing opportunities for selling positions on the way down. While acknowledging the possibility that the price may not ascend as high and instead continues to drop, I am prepared to wait for a new demand zone to seize potential buy opportunities in such a scenario. Confluences for DXY Shorts are as follows: - Price broke structure to the downside on the HTF, confirming a bearish bias. - There's lots of liquidity left below in the form of trend line liquidity and asian lows. - There's a clean 14hr supply zone that has caused the impulsive move to the downside in which I expect price to react from next. - Since there are imbalances beneath the supply, it's probable that once the price addresses them, a bearish reaction will ensue from the supply. P.S. My bearish stance on the dollar persists, prompted by the recent structural break observed on the higher time frame (HTF). This strengthens my inclination toward bearish positions, making me more inclined towards considering long positions for pairs like GBPUSD and EURUSD. If you guys have another take on this market I would love for you guys to leave a comment!
CAPITALCOM:DXYShort
by Hassan_fx
3
USDJPY Shorts from 145.200 down towards 140.000USDJPY continues to display a strong bearish outlook as the price has once again broken structure to the downside, affirming a long-term bearish trajectory. Regarding potential opportunities around the current price, my strategy involves awaiting a price retracement to the nearest supply, identified on the 15-hour time frame. This scenario represents the next potential phase for the price to initiate a downward movement. At present, I'm in a wait-and-see mode, anticipating the price to fill in the imbalance and undergo redistribution. This would serve as an indication that bullish pressure is diminishing, signaling the potential for another impulsive downward move. If the price proceeds further downward, I'm also prepared for a potential buying opportunity around the 7-hour demand zone near 140.000. Confluences for USDJPY Sells are as follows: - Price broke structure to the downside confirming a long term bearish trajectory. - Dollar (DXY) looks like its going to continue a bearish trend which acts as a positive correlation for this pair. - Lots of liquidity below that hasn't been taken on higher timeframes like trend lines etc. - In order for price to continue in its bearish course it must retrace back to a major supply so it can create another impulsive move to the downside. P.S. Being decidedly bearish on this pair, I am eager to observe the response from the 7-hour demand zone, situated at a significant psychological level of 140.000. Furthermore, the zone has initiated a Break of Structure (BOS) to the upside, providing an additional positive confluence that suggests the potential temporary holding of this zone. Feel free to share your thoughts on the USDJPY market in the comments below.
Short
by Hassan_fx
1
BTCUSDT. Waiting for buyer action Highlights Preference (buy/sell) - neutral There's no context for buys at the moment. Looking for sales in a daily uptrend without having a downtrend on the hourly TF is aggressive. Description Daily TF The daily trend is bullish, with the last buyer impulse from 14.10.23 to 05.12.23. Buyers started a renewal from the level of 40222 on decreasing volumes, and now the price is returning to this level. We await the price at 40222 and observe the buyer's reaction. Slightly below this level is the discount zone of the bullish impulse (upper edge ~ 39640). In case the buyer defends the 40222 level, the priority is to look for buys aiming for 43475. If the 40222 level isn't defended by buyers, there's a high chance of price decrease towards the buying zone with the upper boundary at 37649. Hourly TF On the hourly TF, there was a range with the lower boundary at 42821, from which the price broke downwards. There was an attempt by buyers to bring the price back into the range; however, the seller defended the breakout without initiating a downtrend yet. Buys can be considered upon the price's return to the range. If the seller triggers a downtrend (defending the break of 40222), sells can be considered with the target being a retest of the local minimum formed upon the breakout.
by AlexeyWolf
Bitcoin Liquidity Sweep, Bearish Momentum, and Critical SupportAn analysis of Bitcoin (BTC) indicates a liquidity sweep, bearish momentum, and highlights a critical support zone, providing insights for market participants. Key Observations: Liquidity Sweep: Bitcoin made a sweep of liquidity of the previous Higher High and range below the Resistance. Sharp Down Move: Following the liquidity sweep, the price experienced a sharp down move, aligning with expectations. Major Support Zone: BTC swiftly moved into the Major Support Zone of $40,800 - $42,000 and below it. Bearish Momentum: The momentum is turning bearish, with the potential for a bearish Market Structure. Critical Support Zone: Daily closing below $43,300 is highlighted as a critical level that could contribute to a bearish outlook.
by Richtv_official
Look At That Textbook Bull Pennant On The Bitcoin Daily ChartWould you just look at that beautiful, textbook bull pennant on the Bitcoin daily chart! You can't get much more textbook than that. What I am thinking based on this chart is that Bitcoin will make at least one more big rally this week up to that big supply zone between $47K-49K. How this move happens has yet to be seen. We know that none of us have a crystal ball as much as we may think we do, and we need to take the data one candle at a time, but this is looking pretty bullish to me for the week. Now, I fully expect Bitcoin to have a pretty major correction once we get to that supply zone. That bearish order block was formed at a pretty strong level so I fully expect for people to take profits in this area and looking for Bitcoin to make a correction, or at least some good consolidation so that we have a chance to repack our bags for the next moon shot. We are still a few months off from the mining rewards being cut in half and anticipation is building. The ETF talk has got the markets all stirred up, so I am just taking it one day at a time. Be safe out there in the crazy crypto markets! Nothing is set in stone and this is only my somewhat educated guess on what I see happening this week! Trade Logically!
COINBASE:BTCUSDLong
by thelogicaldude
2
🚀 Unveiling Trade Opportunities: FACT Fertilizers & ChemicalsWe're diving into the charts of FACT Fertilizers and Chemicals to uncover potential trade setups. Current Situation 📊: LTF Analysis: Currently, FACT is nestled in the 75-min demand zone, specifically the Rally 2 Base Rally (R2BR) zone. ITF Overview: The Intermediate Time Frame (ITF) shows a clear uptrend. The price is comfortably trading at the daily EMA20 HTF Insights: Zooming out to the Higher Time Frame (HTF), the weekly chart indicates a strong uptrend, and there's a clear path upside with no resistance in sight. Enter at the 75-min current demand zone, Risk-to-Reward Ratio: Aim for a lucrative 1:3. 🌟Thank you for your support! Your likes & comments. If you want to give any feedback then you can give in the comment section🌟 Trade with confidence, and let your profits run like a river. Embrace the journey! Disclaimer 🚨: This analysis is for educational purposes only. We aren't SEBI registered analysts. Trade responsibly.
NSE:FACTLong
by AfnanTAjuddin
2
EUR/CAD ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽‍♂️ Overbought + Supply zone 🟠 EP 1.49437 🔴 SL 1.50724 🟢 TP1 1.48111 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️ 🟢 TP2 1.46692 ⚠️ ( Close 33% of the trade )⚠️ 🟢 TP3 1.45514 🔥 ( Final result)🔥 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Short
by EMA_Trading
5
USD/ZAR ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽‍♂️ Demand zone + RSI Oversold 🟠 EP 18.89879 🔴 SL 18.98955 🟢 TP1 18.77636⚠️( Close 33% of the trade and Set the SL on EP )⚠️ 🟢 TP2 18.68988⚠️ ( Close 33% of the trade )⚠️ 🟢 TP3 18.59142🔥 ( Final result)🔥 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Short
by EMA_Trading
2
LINK/USDT ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽‍♂️ RSI +Supply zone + double TOP 🟠 EP 15.804 🔴 SL 17.263 🟢 TP1 14.226 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️ 🟢 TP2 12.856⚠️ ( Close 33% of the trade )⚠️ 🟢 TP3 11.398 🔥 ( Final result)🔥 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Short
by UnknownUnicorn60802882
NZD/USD ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽‍♂️ Supply zone + RSI Overbought 🟠 EP 0.62064 🔴 SL 0.62211 🟢 TP1 0.61858 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️ 🟢 TP2 0.61674 ⚠️ ( Close 33% of the trade )⚠️ 🟢 TP3 0.61471 🔥 ( Final result)🔥 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Short
by EMA_Trading
9
BTC/USDT Short Trade Setup ⬇️Hello Everyone 🙋🏽‍♂️ RSI +Supply zone 🟠 EP 41817.27 🔴 SL 42415.36 🟢 TP1 41089.66 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️ 🟢 TP2 40375.82 ⚠️ ( Close 33% of the trade )⚠️ 🟢 TP3 39553.73 🔥 ( Final result)🔥 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Short
by UnknownUnicorn60802882
XAU/USD ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽‍♂️ Supply zone + RSI Overbought 🟠 EP 2041 🔴 SL 2081 🟢 TP1 1999 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️ 🟢 TP2 1960 ⚠️ ( Close 33% of the trade )⚠️ 🟢 TP3 1920 🔥 ( Final result)🔥 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
OANDA:XAUUSDShort
by EMA_Trading
12
the Gopher swimming in significant liquidity pool since 17 November the Gopher has been trading in a parallel bearish channel failing to trade/close above and above it, with the top and bottom trendline of the channel acting also as dynamic support and resistance. price has found itself in weekly liquidity pool made of significant levels - (i) weekly supply of proximal price of 146.700 now acting as demand on smaller timeframes (ii) weekly demand CP of proximal price of 146.400. i forecast higher USDJPY prices because price has found support on the bottom trendline of channel and is reacting to liquidity pool with the bottom price of the liquidity pool being demand level which is currently the significant level in control of price. i have bullish targets to 4HR previous demand of proximal price @ 148.900. put together by : Pako Phutietsile ( @currencynerd )
Long
by currencynerd
The Concept of Supply / Demand TradingThe principle of supply and demand trading involves identifying a counter-trend candle that precedes a sequence of three consecutive candles exhibiting strong bullish or bearish momentum. This specific candle is designated as the supply or demand level. The underlying theory posits that when the price retraces to the region where demand previously triggered a robust price movement, it is likely to encounter renewed demand, consequently attracting a larger number of buyers, thereby sustaining the prevailing trend. Rule 1: The aggressive price movement must consist of 2-3 (3 preferred) candles that demonstrate remarkable strength in their respective directions. Rule 2: The candle retracing to the demand zone should close outside of the zone, accompanied by a wick that reflects considerable strength.
CME_MINI:NQ1!Education
by AmpedTrading