Market Structure Analysis: Trend: The market has been in a short-term downtrend but is showing signs of a potential reversal. Support Zone: Around 0.8800, where price has reacted strongly. Resistance Zone: Next target area is 0.8918, and a strong resistance is near 0.9030. Price Action: The price tested the 0.8800 level and is forming a bullish setup. The long...
Key Observations: Supply Zone (M15): The red-highlighted area marks a 15-minute supply zone where price previously reversed sharply, indicating strong seller presence. The price has tested this zone and reacted bearishly, suggesting a potential sell opportunity. Market Structure: The chart follows a higher high (HH) and higher low (HL) formation, but then...
Market Structure & Trend: The chart shows a strong bullish move followed by a correction. The price has reached a key resistance area near $2,816 - $2,829, where selling pressure is observed. A potential bearish setup is forming, indicating a possible price decline. Key Observations: Bearish Setup: A short trade setup is marked with a stop-loss above resistance...
Support Zone Identification: A strong rejection near $2736.55 highlights the presence of buyers at this level. This could act as a springboard for a bullish reversal. Trade Idea: Entry: A potential long trade is feasible near $2736.55, once the price shows confirmation of rejection and upward momentum. Stop-Loss: Below $2730.60, as a break below this level may...
Demand Zone (Green Area): A clearly marked demand zone lies below the current price level. This zone could potentially act as a strong support area where buyers are likely to step in. Price Movement Projection : The drawn path suggests that the price may drop into the demand zone and then reverse sharply upward toward the marked resistance level at...
Current Market Conditions: ** The price is currently hovering near 0.89393, close to the demand zone (yellow area: 0.89150–0.89300). ** The market is likely consolidating, as no strong bullish or bearish momentum is visible yet. Demand Zone (Support): ** The yellow zone represents a demand zone in the 1-hour timeframe. ** Buyers are expected to enter the...
Bearish Momentum: 1. A sharp move down (red arrow) is expected as price leaves the supply zone. 2. The confirmation of the bearish trend is seen in the breakdown of minor support levels. Trend: The current price action indicates a potential trend reversal from bullish to bearish. Key Risk: If the price breaks above the H1 supply zone, it invalidates the...
The supply zone near 96.674 is still marked as a key resistance area. Price is expected to test this zone before a potential reversal. The arrow suggests a bearish move from the supply zone down to the highlighted support level near 95.881. Enter short positions at 96.674 upon confirmation of bearish price action—place stop loss above the supply zone (around 96.800).
Supply Zone: The area between 1.26450 and 1.26500 represents a potential demand zone, likely to act as a support level. Price Action: The price has retraced after an upward movement, indicating a possible retest of the support zone. Bullish Signal: The arrow suggests that you anticipate the price will bounce from this zone and continue upward. Key...
Demand Zones (Yellow Boxes): The highlighted yellow zones indicate demand areas where buying interest is expected. Price might retrace to these zones before a potential move is higher. Imbalance and Price Targets : The chart illustrates an imbalance in price action, likely from a rapid bearish move (shown in the earlier left side). This is marked with a...
Key Observations: Support Zone (Highlighted in Green): A demand zone has been marked between 1.2625 and 1.2639, indicating previous buying interest. The user is waiting for the price to reach this area before considering a buy trade. Resistance Zone (Highlighted in Green): A supply zone near 1.2720 shows prior selling pressure, marking a significant level for...
Key Observations: Demand Zones: Yellow Zone (Demand H1): This area represents a short-term demand zone where price has previously reversed upwards. Green Zone (Demand H4): This is a stronger demand zone from the 4-hour timeframe, indicating a higher likelihood of a bullish response if the price revisits this area. Price Action: The price shows a series of lower...
USDCAD can go short from here or you can wait to break the yellow box.
The green box is the demand zone for me. Watch that zone and take your trade.
Gold now in my M15 demand zone. Gold is bullish in my opinion and this is a good bottom
I am expecting a downward move. My sell zone is the yellow box. You can try.
I think this is a good opportunity and a minimal risk ratio.
The price is now in the supply zone in m15. Watch price action and go for it as per your strategy.