OANDA:XAUUSD After this massive short that has as mission to take the liquidity at lower levels we will probably see a very long spike for entry. We will see after Wall Street
if gold h1 closes above or lower then this livel then it will be move in that diraction
EURGBP entered a demand zone. Therefor I go long. The mechanical way is to enter and set SL and TP. A more conservative approach would be waiting for price to get back out of the zone and take the long position. Or wait till price reaches the bottom of the zone and start showing signs of bottoming and reversal for a better RR.
According to the areas specified in the chart, we expect the price to start its upward trend after reaching the demand area.
According to the areas specified in the chart, we expect the price to start its upward trend after reaching the demand area.
Points: - LCID is showing a Deviation of 6 Points placing current price action in new channel. - Current channel = Supply Zone at $10 & Demand Zone at $4. - Down 89.19% in past 405 days. - RSI Average at an all time low. IMO: I would consider LCID to be a reasonable buy at $4. Opening a position at these prices with appropriate risk management skills can come...
Points: - LCID is showing a Deviation of 6 Points placing current price action in new channel. - Current channel = Supply Zone at $10 & Demand Zone at $4 . - Down 89.19% in past 405 days. - RSI Average at an all time low. IMO : I would consider LCID to be a reasonable buy at $4. Opening a position at these prices with appropriate risk management skills...
the ETH is bearish and there is 3 scenario it might have happened there which i have shown with blue line . this is not a signal and its just my opinion . base un demand and supply zone . a lil bit wyckoff .
After confirmation with 2 time rejection from supply zone wait for break the recent resistance/support and then take sell trade
Although It's late for entry, but I want to share my analysis here. Its an uptrend and price already retraced. Enter here in retest level
NZDCDA: the price is sitting on a Flip Area, expect a test of the marked Previous Supply Area before dropping to a (Potential Demand (Breaker)) that's aligning with 61.8 fib level. from that area I expect this pair to continue to the upside
GBPNZD is approaching a Potential Demand Area, from this zone i expect market launch to a marked target on the chart
The US dollar was falling ahead of the midterm elections in anticipation of a Republican Senate and / or House. As the Dems have performed better than expected, we have seen a reversal of these pre-emptive moves on the eve of the US inflation report. Expectations are for core CPI to soften (slightly) - but what if it doesn't? Inflation elsewhere continues to...
GBPUSD has moved bullish for a month and a half (lowest on sep26) if price backtests demand zones (which are given on chart, the green block) and appears apparent signal, consider placing long position TP approximately set RR2 Personally prefer waiting for price backtests lower demand zone Placing order at upper demand zone please confirm "bullish signal...
WAVE analysis price action Demand zone order blocks impulse wave correction range momentums SNR liquidity
Gold has crazy moved down on Friday and already broke the weak support at the blue order box. Typically, in basic structure we should ignore this zone for valuing a long position as many as possible whatever it forms (demand,supply,support,resistance) since it is the first band after price has move down and there is a stronger demand zone nearby. btw the...
Demand always rules supply. Always. BLUF: Short-term projection = TBD Mid-term projection = bullish Long-term projection = bearish to extremely bearish Traders, I have been quick to point out the tremendous amount of disinflationary data in my videos which leads CPI reports in some cases by as much as 6 months (i.e. -rent). Now, let's take a closer look at the...
Market approached my POI this morning and gave a beautiful weak to strong hand transfer. Literally a 1 PIP drawdown on the entry. Waiting to see if it will reach TP by today. ;D