Supply Zone
GOLD FORECASTIn this analysis we are focusing on 30M time frame for XAUUSD. Today I'm looking potential drop in gold price, So wait for price when it comes into our zone. After taking some additional confirmation like volume increase or decrease and RSI divergence. Then we will execute our trade.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my prediction and analysis.
#GOLD M30 Technical Analysis Expected Move.
EUR/USD Sells to continue from 1.08300 or 1.08500EU Analysis Breakdown:
My bias for EU aligns closely with GU, anticipating a continued bearish trend as long as the DXY remains bullish. I’ve marked out two supply zones and will wait for either to be mitigated, followed by my lower time frame execution model involving Wyckoff principles.
Once I spot a Wyckoff distribution pattern, liquidity sweep, and CHOCH, I’ll initiate a sell position to keep with the downward trend. If price reaches the 9-hour demand zone at 1.07500, I’ll assess potential buy opportunities there.
Confluences for EU Sells:
- Strong bullish momentum in the DXY supports a downward bias for EU.
- EU’s consistent bearish structure aligns with this trend-following approach.
- An untouched supply zone provides a key area for potential sell entries.
- Significant downside liquidity offers additional targets.
P.S. Price could alternatively rise due to the liquidity above the supply zone, particularly around Asia session highs. Trade safely and stay smart out there!
GBPU/USD Shorts from 1.30200 continue trend!GU Analysis Breakdown:
This week, my GU analysis centres on the idea that price will continue to follow its bearish trend. With a recent structure break to the downside, price has left behind a clean, unmitigated supply zone. I’ll be watching for a retest in this area as an opportunity to catch potential sell positions.
If price revisits the 10-hour demand zone I’ve marked, I’ll also be open to a potential bullish reaction there. Should this demand fail, I’ll look for a deeper mitigation at the next demand level below.
Confluences for GU Sells:
- The DXY has been very bullish, signalling a continued downward bias for GU.
- GU has maintained a bearish structure, aligning with this pro-trend idea.
- An untouched supply zone offers a key area for potential sell entries.
- Significant liquidity below, providing additional targets.
- The 1-hour supply is positioned at the psychological level of 1.30000.
P.S. There’s a strong pool of liquidity above my supply, so if price briefly moves higher to take the trendline liquidity, it wouldn’t be surprising. Stay diligent, and have a great trading week, everyone!
GOLD ready to sell possibly? shorts from 2,750This Week's Analysis for Gold:
This week, I'm expecting gold to weaken and potentially consolidate. The slight bearish reaction we've observed may indicate that bullish momentum is losing strength. Additionally, with the recent Change of Character (CHOCH) to the downside, an unmitigated 7-hour supply zone has been created, which could prompt a revisit from price.
From that level, I anticipate a potential selling opportunity. Once price taps into this zone, I'll be looking for distribution on the lower timeframe to refine my entry.
Confluences for Gold Sells:
DXY has shown strong bullish movement, and I expect the dollar to keep strengthening.
Gold has shifted to a bearish character, signalling weakness.
A clean, unmitigated supply zone is in place, where price may retrace.
Significant liquidity to the downside and an imbalance that needs filling.
Gold has been heavily bullish and may require a corrective move.
P.S. If this turns out to be a retracement and price continues upward, I’ll look for potential buys at the 2,680 level. Have a great trading week!
2 logicPrice is taking support from demand zone and taken support twice from 200ema.
Trend line breakout with retest successfully.
After trendline breakout volume spurt in daily time frame.
Bullish divergence in daily timeframe.
Fundamentals are OK.
Check Fib in weekly time frame.
NOTE: I do my analysis, do yours before trade.
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Gold out lookOANDA:XAUUSD the drop was a honey trap 🪤 gold is always in buy trend
when it dropped it has taken support on 1H 50 SMA and after that its moving above that i am expecting 2750++ today the reason expecting 2750 is fibonachi extension has 1.786 level over that price other confluence being Bullish is because its in bull trend from Monthly to weekly to daily to H4 to H1 and lower TF's
BankNifty is in Bullish ZoneBank Nifty was recover itself into its channel and still trading in bullish channel near bottom of the channel.
Resistance Level is also nearby so wait for the price come to near support level for good risk to reward.
Learning : If any instrument is in bullish trend then all support act as strong support and resistance levels breaks.
Note : Its just an analysis, wait for the price to confirm.
Disclaimer : Always follow risk to reward, this is the only key to success in market, no matter how much good a trade is looking we never know the future.
Buy GBP/NZD BreakoutThe GBP/NZD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 2.1480
Target Levels:
1st Resistance – 2.1600
2nd Resistance – 2.1675
Stop-Loss: To manage risk, place a stop-loss order below 2.1385. This helps limit potential losses if the price falls back unexpectedly.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
#USDJPY #Elliot #Sell#USDJPY
sell-4h-elliot-clasicpattern-supplyzone_RD-
#In the 4-hour time frame, Elliott price has completed and is now falling. Our fifth wave consists of 5 micro-waves, the fifth wave of our micro-wave is formed in a short form.
#Also, in this time frame, the price has formed a classic reversal pattern and at the same time, the price has also reacted to our supply zone.
#Divergence of the indicator with the price is also a confirmation of our entry.
#SL:149.782
#TP1:146.252
#TP2:143.630
#R/R:1/7
GBPJPY Sell Trade Activated Oct 10 2024Supply Zone introduced since October 4 2024: this is just a continuation of analysis in gbpjpy using daily supply, 4h supply and 1H supply. Sell limit was activated during Asian session. Aiming for 4:1RR. This was a product of multi-timeframe analysis including lower timeframes. Always looking for validity and not market execution trading.
Intraday may look liked difficult but getting used to charts within 600hrs of discipline will give you an EDGE.
#supplyanddemand
#proprietarytrader.
LIQUIDITY CONCEPT MODULEToday, I’m focusing on identifying potential buying opportunities in this trade. I'm analyzing market trends, recent price movements, and key support levels to determine the best entry point. I'm particularly interested in signs of bullish momentum, such as increased volume or positive news catalysts that could drive the price higher. By keeping a close eye on technical indicators and market sentiment, I'm aiming to position myself strategically for a favorable trade outcome. So wait and watch when price enter into our zone and which trade market will give to us.
Always use proper money management and R:R ratio.
Always use stoploss for your trade.
# USDJPY 4H Technical Analyze Expected Move.
EURUSD 6/10/24Starting off the week with euro to the US dollar. I bearish bias came into play as we thought it might. we now have a longer term bearish outlook for this pair. We swept all of the liquidity that was based on the lower end of price action except for the low that we have marked which is relatively close to current price We have an area of supply to watch if we pull back to go lower. We also have a liquid high that's seated above that point. So take into consideration that we may break through the short term trajectory that we have made. this can give us a higher pullback to the upper higher time frame water block if this happens we are still expecting a short main bias here is for the area of supply to be tapped into in price action to sell to the low that we have marked.
Trade safe, stick to your plan and your risk.
Gold BuyIn my previous anylisis i have seen that gold will touch its support level down there now as time passed it has gain its previous momentum back and moving towards its resistance level now as we can witness that gold has broke its Resistance which became support for now we have seen a retest now as being bullish we are moving towards it Ath resistance level so we are bullish to that level of resistance
GOOG (Google) Short Idea**STOCKS VS USD & TREASURY BONDS - Currently Oversold signaling a bearish sentiment.
Supply and Demand Analysis:
>Price already took the daily Supply Zone but the PRICE GAP is not yet filled.
>Price could fill the Gap first before a bearish move filling orders on multiple price gaps below
***As always, trade safe and make sure to do your due diligence when analyzing the charts.***
XAU/USD Sell to Buy idea (potential pullback?)I’m watching for a potential sell around the 2-hour supply zone. Specifically, I'll be looking for the Asian session high to be taken out, followed by a Wyckoff distribution on the lower time frames. Since this setup is counter-trend, I expect it to mark a possible reversal point for gold, as the Wyckoff pattern has already played out on the higher time frames and the market structure has shifted to the downside.
If price continues to drop, I’ll shift my focus to potential buy opportunities around the 2,630 level. Once price enters this zone and shows signs of accumulation, I’ll look to trade with the overall bullish trend, as I remain optimistic on gold’s long-term upside.
Confluences for Gold Sells:
- A Wyckoff distribution has occurred on the higher time frames.
- The market structure has shifted downward (price changed character).
- Price is nearing the 2-hour supply zone, which could trigger a reversal.
- Despite gold’s bullish trend, bullish momentum seems to be weakening.
- If a full reversal doesn’t occur, a pullback is still likely before price continues upward.
Note: If price breaks above this supply zone and makes a new all-time high (ATH), I’ll look for a nearby demand zone to catch buys before price mitigates the 8-hour or 10-hour demand below.
IREDA IS READY TO BURST WITH FULL ENERGYNSE:IREDA is slowly storing energy to give huge breakout and give New ATH.
Currently IREDA is wave 5 candidate in weekly chart and wave 3 candidate in daily charts.
As all we know what happens when these two combines there is high probability the charts can go up.
The view is applicable until the chart stay above 220, The view is invalid when it is below 215, any movement below 215 is a bearish view.
Otherwise the upper targets are
245
265
280
300
325
350
Disclaimer
The above analysis is just sharing of knowledge and not an investment advise, we are not sebi registered and please DYOR before taking any trade as our trade idea is not entitled to your profit/loss. Please take advise from your financial advisor before investing your valuable and hard earned money.
If you like my analysis do comment and give a boost. It boost our energy to do more analysis.
AUDJPY - Strong Round Number Ahead!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈AUDJPY has been bullish trading within the flat rising channel in orange.
However, currently AUDJPY is approaching a strong supply zone and round number $100.
Thus, we will be looking for sell setups on lower timeframes, to be confirmed after breaking below the short-term red channel.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich