UnknownUnicorn34088517

UnknownUnicorn34088517

Price has formed equal highs and equal lows within this tight range. Could we see the lows taken first before we bounce off the demand to tackle the liquidity caught higher? It seems likely. I will trade this pair either way, depending on which zone rejects first. Good luck traders! 🏌️‍♂️

UnknownUnicorn34088517 Updated 

Although I am not a big fan of buying near support, I believe price will give a good effort at luring in a vast amount of buyers before it attempts to wipe the equal lows on the daily. I will look to buy in and around this region targeting 45k. Once that level is reached I will switch my bias to sells.

UnknownUnicorn34088517 Updated 

This pair wiped the Asia high whilst taking a level of resistance. If we manage to cross back over the Asia high strongly bearish, the price is likely to fall into the zone of trapped sellers. I have illustrated what I would like to see today. Always drop into the lower timeframes before confirming a trade, BOS is ideal. Good luck today traders!

UnknownUnicorn34088517 Updated 

The break and re-test buy looked promising but the buying pressure could not hold. We have now shifted the structure to the downside. If price gives me a valid pullback with rejection, I will join the sellers down into my target region. Price doesn't have to make a pullback, it could be ready to go to the downside from here.

UnknownUnicorn34088517 Updated 

If price can hold this major demand zone, I will join the buyers to push the price higher. Doge had a huge push recently when Tesla announced it would accept DOGE payments. The majority will be attempting to sell the hype, but is it ready to fall yet? Or will it do another round of trapping before sellers enter? The demand should provide valid buys. If we...

UnknownUnicorn34088517

As time goes by and supply and demand trading popularity increases, we can expect more manipulation. If you are trading supply and demand, be aware of the bank's effort to remove key players before the true move follows. In this example, a perfect supply is formed. Sellers got induced with a bearish wave only to be liquidated moments after. Once the liquidity...

UnknownUnicorn34088517

Every trader goes through these stages. I remember starting out on demo thinking this would be the easiest way to make money quickly. Oh, how I was wrong. It seems like sunshine and rainbows on a demo account but when you move onto a live account, the real problems begin. Your expectations of quick money quickly vanish due to the psychological aspects of...