LSE:FRES Friday 15 January 21 Fresnilo Shares closed At 1087. Forming a 🐻 Bearish Engulfing Candle. Price could potentially fall to the Demand Level below Around 860. Look for Support Around this area.
This demand zone just triggered. It really is in the middle and against the trend so it is best to put in half or less than half of your usual position size. I expect to rally to the greyish demand zones above for about a 3:1 but it can certainly go higher. Sellers outnumber buyers 68 to 32% as indicated on myfxbook.com.
I'm making note of this 15 minute Demand Zone for a short 3:1 RR gain. The supply zone above is actually on the 5 minute chart and it was tested. It may not hold but if I take it, I'll be watching for potential more gains if this doesn't all unfold overnight while I'm asleep.
Vodafone ( UK ) Potential Area of Demand 28 October 2020 LSE:VOD
02 October 2020 Tesco PLC. Price Could be Approaching Potential Weekly Area of Demand. One to Watch, For Long Bias. Tesco PLC, is a British Multinational groceries and general merchandise retailer. LSE:TSCO
Saturday 02 January 2021 Banco Santander Would Like to see a pull back to the Potential Area of Demand around 162.00 LSE:BNC LSE:BNC
As per my analysis, Bharat Electronics NSE:BEL is currently trading around the demand zone of 95 and it would travel to the immediate supply zone at 102. Please do correct me in case my understanding is wrong.
Vistry Group PLC ( UK ) Potential Area of Demand 28 October 2020. The First Demand Level was tested in 2016. The Second Potential Demand Level is a Fresh Level Probably a better level. LSE:VTY
My bad. That DZ lost validity when price created a minor low-high-low back into my entry. In cases like that, I normally close the order and look for the next best zone. This is it right here at the major previous low. I don't know if price will break past the failed DZ on the upside. I'll be looking to take profits there. But it can blast through it and I'll ride...
In this uptrend, I'm looking for price to rally from the demand zone you see in green for at least a 2:1 RR. Price is having trouble breaking the resistance.
Do your own analysis ... Dont Forget Moving StopLoss At Breakeven Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone....
Hello Uptrend and testing the zone make me to go long o this trade ! Entry @ 0.95170 TP @ 0.95930 SL @0.95000 4 + R/R Also rejecting this level of price will push the price upper and i my opinion we are in a buying zone !
Hello and welcome to a short night session. Take a look at this trade, have all informations to entry on the chart ! Coming up with updates ! Thanks!
Hello, Please take a short look at this chart ! This pair is on demand level and could offer us a nice R/R, depends on your appetite for risk ! You could set your 1st TP at 0.64212 and second at 0.64450, the SL at 0.63818 I have a question for you and I will be glad to optain some opinions here . I want to make a group, it will be a free group !!! What kind...
USDCAD, as we're in an overall downtrend, and now the market managed to make an H&S on strong resistance, we might see a possible drop from now, but the pair could fluctuate around the current zone! Let's be patient! Right now we have two option to open a trade right now or to wait for the market to reach a better price. Do your own analysis ... Dont...
Analysis on GA; just look at the weekly? What can you derive from it? Higher timeframe analysis is the key.. At least on 4hr or above... meaning draw your trendlines, s/d's, parallel channels, pivots, fibs, then you can move down to the lower tf for entry.. In the case of GA, we are bouncing off the WEEKLY demand.. Who would go short here? Looks like a long setup...