XAUUSD SHORT plan on H4 supply Zone!Finally, the increase in gold reached the supply zone on the H4 timeframe. We can do SELL with potential in the demand zone below. Currently gold has increased technically before the Christmas holiday yesterday. By using supply and demand analysis, we can validate this supply zone as a zone that still has good repeat orders. It is predicted that gold will look for demand zones in the region of 1481/82.
Thank you for your attention, hopefully can help.
Best Regards,
Don_Hawkish
Supplydemandanalytics
AUDJPY SHORT potential!AUDJPY has the same potential, where currently AUDJPY is undergoing a consolidation phase in the Significant Support & Resistance area. As long as the price cannot break the Significant Resistance level, the price will return to the lower demand zone as I described on the chart.
Best Regards,
Don_Hawkish
USDJPY Supply and Demand Analytics!USDJPY on holiday this week is seen experiencing a consolidation movement. Where at the moment USDJPY is in the Supply zone. At the moment the price is undergoing consolidation, what we are waiting for is, the price can breakout the zone that I am describing right now, to be able to go to the demand zone below.
Thank you for your attention and time, happy Christmas for those who celebrate and happy holidays for us all.
Best Regards,
Don_Hawkish
CHFJPY on COmpression Pattern! SHORT transaction on Supply Zone!We now find transaction opportunities at CHFJPY. this holiday week, prices move without supporting economic news, but rather technical moves. As we can see, we found a compression pattern on the 15 minute timeframe. It is predicted that we have a selling opportunity at the current price or we can place a price order position in the supply area above.
Thank you for your attention and time, happy Christmas for those who celebrate and happy holidays for us all.
Best Regards,
Don_Hawkish
EURUSD 2 Scenarios for LONG swing trade!On this occasion, I tried to analyze EURUSD using the trend approach and supply demand analysis. As you can see, on daily timeframes, we have 2 levels of demand. so we have 2 possibilities to buy. the first, we can buy when the price can break the resistance line of the upper trend. or we can prepare a buy position, in the demand area below it. With a note that prices can penetrate below the current demand area.
Thank you for your attention and time. Always success for all of us.
Best Regards,
Don_Hawkish
Bullish channel for GBPCHF! So, where we can place our entry?GBPCHF now on bullish channel pattern. if the price still respects the current ascending channel, it is predicted that the price will test the distal level in the current demand area. So that we can place requests for order positions at these distal levels. Or, you can do instant execution at the closing level last Friday. Don't forget to put safety on the level that I provide, or you can determine your own safety level.
Thank you for your attention and time, I say many thanks. Hope you have the best day and great trade.
Best Regards,
Don_Hawkish
GBPJPY Swing Trade Outlook!Using Supply and Demand + Trendline, we have a great setup for Decision Point. In this set up, we have clearly have a setup for LONG trade! We can place our Limit Order on Demand Zone Bellow.
Once again, thanks for reading my idea, i hope it can help you to make a trade.
Best Regards,
Don_Hawkish
USDCAD mid term short opportunityIt seems that the buying force has been around for the last few days and coming to a recent strong supply area as highlighted on chart. A very strong rejection (red candles) was shown around the supply area, this means a lot of selling orders are yet to be filled.
Aggressive traders may place limit order around this area. Alternatively you may wait for double top (No higher high), V shape confirmation and sell, both strategies has pros and con, the limit order method will give you Bigger Risk Reward Ratio (RR), and the wait until confirmation will be safer but less RR ratio.
Whenever retail traders feel its time for the buying move, it is a confirmation for sell. The logic apply both sides. In order for you to make money, retail traders has to loss money.
regards,
Steven
Xrp to test monthly supply before going lower?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 depression is now the grand plan.
This is not financial advice, just an idea. Stay tuned.
BITSTAMP:XRPUSD
Importance of Volume vs Price RelationshipA lot of people dismiss the importance of volume. But the truth is, without volume, a comprehensive analysis is almost not possible. Each candle, each swing point, each supply/demand zone, each wave and each retracements volume is important not to be overlooked.
I hope this picture helps a lot of you to get some basic understanding on how I use volume to measure strength/weakness in a pair and trade accordingly. This is the reason why most of my trades go in the right direction.
GBPCHF SUPPLY ZONEI 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 cushiony stop loss at a considerable distance can be placed in case the zone doesn't hold up. Also, there are two target opportunities in case the supply zone is strong. If price break below the first take profit (T1.) then stick around for the second. Also, it is still in a downtrend, an added confluence.
EURCAD Supply Zone within a supply zoneI 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 coming from both the weekly and the hourly. It's possible to end up with a 1:4 risk/reward if the target is reached well before a possible demand zone on the hourly.