Supply and Demand is one of the core strategies used in trading. It focusses on the ancient laws of supply and demand and how price moves in a free-flowing market. The foundation of this strategy is that the amount of an instrument that is available and the desire of buyers for it, drive the price. It identifies zones on the chart where demand overwhelms supply (the demand zone), driving the price up or where supply overwhelms demand (the supply zone), driving the price down. Most supply and demand traders wait for the price to enter these zones, where major activities of buying or selling have taken place, before entering a long or short position themselves.
It makes sense to buy at a demand zone and to sell at a supply zone, but keep in mind that fresh zones are more effective than retested ones. They can be used as entry zones for a continuing trend or as reversal zones for a changing trend. Trades can be made aggressively or conservatively, each with their own rules of entry and exit. TradingView has a smart drawing tool that allows users to visually identify these levels on a chart.
Those are the next Key levels for swing position opportunity on AUDUSD.
Both levels holding unfiled orders and both are fresh Supply&Demand, below us is the demand which is A great level of buy position, if the price return to that demand before reaching the supply, I'll buy there. And my target will be the supply above, if the price will hit the supply first, ...
As we can see on daily and weekly charts, the DAX index is bearish at the long terms.
For the long terms, I believe the DAX is on his way to reach 10.840 zones, that because it is the next Fresh demand that can stop this bearish momentum. The supply levels above are a great continuation Levels, I'll sell at the first one if the price will reach that supply, and if ...
GBPUSD WEEKLY OUTLOOK
1.3241-1.3449 are important supply zone
1.2300-1.2108 are important demand zone.
For long term swing traders, if you want to buy gbp
for value investing (coz it is really cheap)
1.2300 will be good entry
The CADJPY has just arrived into the resistance zone.
I'll wait to see if the price will breakout this resistance zone, If that happens it indicates the price tends to Reach the supply at the top, there are about 120 pips between those levels, in case the price will break The resistance I'll look for a P"A setup of buy position, my target will be the supply at ...
The USOIL just hit a supply level from the higher time frame (weekly).
I prefer to wait for a confirmation in order to take a sell position. the support
Below is my confirmation zone, if the price will break that level it indicates the price
Tends to reach the support below and even the demand at the bottom.
If that happens I'll look for P"A setup for sell, ...
Last Friday, the GBPUSD has a drop of almost 200 pips, that drop created 2 new fresh supply level in The middle of the way.
Both levels are great levels of sell position as a day trade position, I'll sell at the supply above, and if the Price brake this one, I'll sell again at the one at the top. Also, this recent drop has changed the long-term Momentum to ...
The GOLD is digging now for the 3 times in the resistance zone above.
If the price will break out the resistance zone above, it can create a great long-term opportunity for buy Position, if that breakout will come true, I'll look for P"A setup of buy position, my target will be the supply at the top, which is a great supply for sell position.
Looking for a daily corrective pattern to complete before an impulsive move towards the large weekly pattern. So short term we will be looking for the sell.
XMR has finally started its bullish correction on the 12h chart, we just need to be patient and sit it out. Things are looking good for this coin.
We just need to wait for crypto to continue to bleed out a little while longer.
The USDJPY is between two critical levels for a position.
Both levels are a great opportunity for swing position, there are about 140 pips between them, If the Price will hit the demand first I'll buy there and my target will be the supply above, and if the price will Hit the supply first I'll sell there and my target will be the demand below.
The new fresh demand that I marked below is a momentum changed one, for the long terms the price Now developed a bullish momentum and seems to tend to reach the supply above as his next Destination, if the price return to the demand below, I'll buy there and my target will be the supply Above, this supply is also a great one for sell position, but I'll be more ...
As we can see the GBPUSD has created a new fresh demand on Friday.
The price bounced very fast and strong from that demand, which indicates on unfilled orders waiting There for the price to come back and pick them, if the price will back to this demand I'll buy there. It's a Great demand for scalpers and also for swing position.
The USDCAD price is between 2 critical levels,
Both levels seem to hold unfiled orders, and both levels are great for position on the first touch.
The demand level below is a great level of buy position, I'll buy there and my target will be the supply Above, which is also a great supply of sell position, if the price reaches that supply, I'll sell there.
Those are the next key levels for short terms position on EURUSD.
For the short terms, the price seems to tend the supply above.
The demand below is a great continuation level of buy position as long as the
Price didn't reach the supply yet. I'll buy at this demand, and my target will be the supply above,
Which is also a great level of intraday sell position.
For the long terms, USDCHF seems to be bearish.
For now, the next destination I see is 0.9600 zones, the supply above
Seems like a great continuation level of sell position, if the price will reach
That level I'll sell there, my target will be 0.9600 zones.
