Hello everybody. We're about to enter September. Fresh start of the month could possibly take us to 0.30-0.31$ region before dropping hard again. Might catch a lot of bulls before going lower. My bias stays the same - we should see 0.16-0.20$ by 2019 November/December. Bitcoin is not looking good either, shaking out hodlers and putting them into deeper...
Once price reaches the Supply Zone (SZ) at 61.06, I expect a drop down to the next respectable Demand Zone (DZ) at around 57.86. I'm prepared to bail out at the first target (T1.) at 58.79. It says that price is up-trending but on the Daily it shows that it is actually down-trending.
If the price reaches 0.93300 (sell entry), I believe there are sellers there that will push price back to a demand zone of 0.92910 (Take Profit) for a good 3:1 R:R.
If price reaches this supply level (brown), I'm guessing it will spike in and fall for a decent 1:5 RR.
I will be looking for shorts at these levels. also follow me on: ---------------------------------------------------------------------------------- Twitter: twitter.com Instagram: www.instagram.com
Looking for short opportunities on lower time frame.
Supply & Demand trading levels Trade 1 will be taken once price breaks out of zone. TP to be taken when price hits supply zone at 50% breakthrough Trade 2 to be taken if price action permits.
I spotted a drop base drop supply zone on the 15 to 5-minute charts and thought it was a good opportunity for a trade on the 5 min. after seeing that there were more sellers than buyers on the lower time frame. Now, I don't normally go for zones in the middle of a trend. I prefer swing zones. But it looks like a textbook zone that should be considered. So, a...
I have reason to believe that if price continues to rally from here, in what is a downtrend judging from the daily chart, it will be overbought in a Supply Zone (lightly brown shaded backdrop) of the weekly (W) chart, and if it retests the hourly (1h) supply zone (grey shaded backdrop zone) then it will drop. How far? I'm guessing substantial since the supply is...
SELL CADJPY AT ZONE SUPPLY TARGET AND STOP LOSS IN THE CHART GOOD LUCK
zone for sell nzdjpy take profit and stop loss in the chart good luck
sell eur/usd now take profite and stop loss in the chart and good luck
ZONE SUPPLY FOR SHORTING NZDCHF WITH STOP LOSS AND TARGET IN TH CHART GOOD LUCK
Price Altitude: Middle Daily Trend: Range 4H Trend: Down Analysis: Daily supply is in control and it has removed a daily opposing demand. Biased towards the short side. Prediction: Continue moving lower into daily demand. Price Points of Interest: 4H supply inside daily @ 7432.8 4H supply @ 7399.4 4H demand inside daily @ 7217.3 This analysis is...
Price Altitude: High Daily Trend: Down 4H Trend: Range Analysis: daily supply is in control, price is ranging between two daily zones. Prediction: continue to move lower into 4H inside daily demand. Price Points of Interest: 4H demand @ 269.51 4H supply @ 306.40 This analysis is meant to be educational, inspirational and confirming of your own...
Price Altitude: Middle Daily Trend: Down/Range 4H Trend: Up Analysis: daily demand is in control with the current downtrend turning into a range on the daily. Prediction: continue to retrace into 4H demand inside daily. Price Points of Interest: 4H demand inside daily @ 6086.2 4H supply inside daily @ 7001.0 This analysis is meant to be...
Price Altitude: Low Daily Trend: Range 4H Trend: Down Analysis: Price is in an ugly range on the daily with much whipsawing. Only look to trade the extremes of the range. Prediction: Continue ranging until one side breaks the range. Price Points of Interest: 4h Supply @ 1.31532 4h Demand @ 1.30276 This analysis is meant to be educational,...
Price Altitude: Middle Daily Trend: Down 4H Trend: Range Analysis: Price came off an old daily supply (noted in the previous post) and has moved to continue its way lower. Supply side is in control at the moment. Prediction: Continue its way lower due to re-alignment with the daily down trend. Price Points of Interest: 4h Supply @ 111.219 4h...