EUR/USD ShortContext:
• DXY has upwarts potential: Supports short in EUR/USD
• Monthly neutral
• Weekly neutral to bearish bias
• Daily one confirmed bearish swing, respected daily FVG and disrespected bullish FVGs. Broke through prev. day low and took out weekly demand. Closed below these lows
Ideas / Entry:
• Short in the 4h-FVG
→ Shown with black arrow
• Preferred: Short around 1.072 which is in the area of the broken lows with 1h Reversal setup
1) Blue arrows: Reversal with respecting lower 1h-FVG. Look for entry on LTF, for example 5min-15min
2) Orange arrows: Last resort and higher risk! Needs strong and confirmed reversal on preferred 15min.
Scenario invalidated:
• 4h Close above 4h FVG
• Break above 1.0745
• High caution if 4h close above broken lows around 1.072! Immediate reversal needed (confirm on LTF), otherwise cancel trade
Stop
• Above your entry signal or 1.0745 if traded on 4h
Take Profit(s)
• 1st at daily low around 1.067
• 2nd around 1.065
• 3rd around 1.06 (optimistic)
Please feel free to comment!
Supplydemandanalytics
CL / Crude Oil ShortContext:
• Monthly: First signs of bearish orderflow. Bearish FVG in the making
• Weekly: Bearish FVGs getting respeced
• Daily: Rejection and break below prev. day low. Caution because of two bullish FVGs
Idea:
• 1h-4h Mitigation Block with 1h close below prev day low.
• Respecting 1h FVgs
• Inside current 1h candle on 15min closed last 15min bullish FVG
• Potentially building a balanced price range on 15min
→ Long around prev. day low about 77.88
Target:
• 1st would be currend day low
• 2nd: Upper limit of daily FVG at 77.22
Entry / Stop:
• Reversal Setup with stop above the entry signal
• Or at 77.88 with stop about 78.05
Signal invalidated:
• breaking lower withoug looking back
• Prive going above 78.05
I want the current 15min-Candle to close inside the range of the previous 15min candle.
Be careful about News in about 30minutes!
Please feel free to comment
EUR/CHF ShortContext:
• Monthly Rejection confirmed
• Weekly build a RBD with FVGs
• Daily consolidated for 3 days below Swing Low and left that base
Idea:
• Short on 4h-Supply
Entry Area:
• 0.9642 - 0.9670
Entry Signal:
Two options
• LMT on 4h Supply
• Reversal on lower timeframe like 1h
Stop:
• Above Supply or entry setup
Target:
• 0.9565 (last bullish montly candle low)
Scenario invalidated:
• Bullish Reversal into breakout-Range, i.e. above 0.967
• If we build up momentum and create another base → would be new scneraio
Please feel free to comment!
USD/JPY LongContext:
• W and M showing (yet to be confirmed) rejections: Neutral with bullish touch
• Respecting Daily FVGs
• 2h big bullish FVG, 4h close above equal Highs
Idea:
• Entry in area between 156.600 - 156.15 with LTF reversal (e.q. 1h)
Scenario:
• Entry area should be approached without bearish FVGs
• 4h close below 156.49 (Equal Highs): Caution!
Scenario terminated:
• 4h Retracement below 156.15: Trade is off
Stop:
• Determined by your entry setup
Please feel free to comment with other ideas or questions.
AUD/NZD ShortContext:
• Monthly neutral / sideways
• Weekly bearish FVGs, ignored bullish order block
• Clearly bearish
Idea:
• Short at daily FVG
Entry:
• Entry Range: 1.0774 to 1.0787
• Entry Signal: Reversal Setup on 30min - 1h
Scenario:
• Liquidity sweep above 1.0774 (dashed line)
• Avoid building a FVG on 4h
Stop:
• Above your Reversal Setup / Entry Setup
Scenario invalidet
• 4h Close above 1.0771
→ Next location would then be 1.0806
Please leave a comment if you have any suggestion or question.
GBP/USD Short (short term)Daily fell below previous week high. We build a reversal and rally-base-drop on 4h, what indicates rejection above previous day high.
We are now trading and building rejections on the order block that brough us below the high around 1.2766.
If we get a 30min reversal candle, I would sell this with first TP around today days low at 1.2743
EUR/CHF ShortRejection Monthly, iFVG on W. "Bullish" prev. Day low broken. 4h all bear FVGs respected. If 4h-Close below prev day low: Short around 0.977, look for lower timeframe entry for propper CRV - or Stop above 4h-Candle about 0.9792. First Target 0.973, 2nd 0.969, runner (very long run) 0.9565
LINKUSDT | MT Long H4 | Chainlink's Supply-Demand ZonePair: HTX:LINKUSDT
Timeframe: H4 - Medium Term (MT)
Direction: Long
Technical Confluences for Trade:
- Price have bounced off 61.8% Fibo retracement levels
- Price action is within two different parallel channels; 1 acts as a bottom channel support and the other is within a supply-demand zone channel
- Aiming for the 32.8% Fibo Retracement with 23.6% as the TP 1 level
Fundamental Confluences for Trade:
- Chainlink's progress has been remarkable and their latest application, Transporter allows users to move crypto assets and data across multiple networks.
- Further escalation of war risk may see risk assets get affected
Suggested Trade:
Entry @ Area of Interest 12.90 - 13.50
SL @ 11.59
TP 1 @ 14.48 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 16.03
Risk-to-Reward @ Approx. 2.26 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and am not responsible for any losses derived from it.
SOLUSDT | Long H4 | Buy Limit | Technical Confluences for Trade:
- Stochastics are in Overbought Conditions on D1, H4 & H1 time-frame to activate our trade idea
- Entry level will be a Demand Zone for Solana
- Price action is in a consolidation zone
- Targeting the 61.8% Fibo retracement after trade is activated
Suggested Trade:
Buy Limit @ 123.15
SL @ 110.24
TP 1 @ 143.74 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 169.42
Risk-to-Reward @ Approx. 3.26 (Depending on Entry Level)
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Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks.
Any websites / brokers / applications suggested here are also provided as informational purpose only.
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AUDUSD | MT Long H4 | Middle of Parallel ChannelPair: FX:AUDUSD
Timeframe: H4 - Medium Term (MT)
Direction: Long
Technical Confluences for Trade:
- Stochastics are in Oversold Conditions on D1, H4 and H1 time-frames
- Price action is now at the middle of a parallel channel
- Price is at 61.8% Fib Extension Level
- Aiming for the 50% Fibo Retracement which the horizontal line shows a supply-demand zone.
Fundamental Confluences for Trade:
- Higher commodity prices is a positive for Australia economy
- Further war escalation from the Israel-Iran tension may bring on risk-off moves and affect this trade
Suggested Trade:
Entry @ Area of Interest 0.6390 - 0.6415
SL @ 0.6351
TP 1 @ 0.6448 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 0.6516
Risk-to-Reward @ Approx. 2.09 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and am not responsible for any losses derived from it.
⚡LAMBUSDT⚡see and watch :)
After a good move and breaking the important resistance and stabilization... it is ready to move towards the next targets...
USDCAD Daily downtrend continuationAt this moment in time price is demonstrating weakness, however, need to take into consideration that it has just touched an unmitigated area of demand, to which it has reacted strongly, with that said, we could see a deeper pullback into the 1.3546 area of supply to make a run for 1.3045.
Conversely, we've just mitigated an area of refined H4 Supply, causing the H4 to change the character and possibly go for a run at this reaction from the equilibrium point of Daily structure down to 1.03045.
NQ Power Range Report with FIB Ext - 12/14/2023 SessionCME_MINI:NQH2024
- PR High: 16817.25
- PR Low: 16774.00
- NZ Spread: 96.75
Key economic events
08:30 | Initial Jobless Claims
- Retail Sales (x2)
Continuing to push supply into ATH
- ATH marker 17700
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 12/13 +0.08% (open <16765)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 224.46
- Volume: 48K
- Open Int: 252K
- Trend Grade: Bull
- From ATH: -4.6% (Rounded) (adjusted for contract changes)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
GBPUSD Establishing strength for bear sentiment GBPUSD at extreme(weekly supply zone) hits daily supply zone and moved away indicating a potential bear sentiment if it holds possible target would be 1.25563 or 1.25165 - 1.24511 in to demand zone.
GBPUSD might take liquidity at 1.26531 before dropping.
The Concept of Supply / Demand TradingThe principle of supply and demand trading involves identifying a counter-trend candle that precedes a sequence of three consecutive candles exhibiting strong bullish or bearish momentum. This specific candle is designated as the supply or demand level. The underlying theory posits that when the price retraces to the region where demand previously triggered a robust price movement, it is likely to encounter renewed demand, consequently attracting a larger number of buyers, thereby sustaining the prevailing trend.
Rule 1: The aggressive price movement must consist of 2-3 (3 preferred) candles that demonstrate remarkable strength in their respective directions.
Rule 2: The candle retracing to the demand zone should close outside of the zone, accompanied by a wick that reflects considerable strength.
How to locate Supply/Demand Zones?_Rupa_casestudyA very good morning to all.
The purpose behind publishing this chart is not primarily to talk about "Rupa and Co.".
The primary motive is to share the right approach to analyze any chart.
What do you look for when you look at a chart at first?
I have tried to put in a numerous things that i try to spot when i see a chart.
Now to talk about this particular chart of "Rupa and co.", the stock currently is very close to a major demand zone(both horizontal support and upward rising support). It is bouncing off the upward rising demand zone almost every time it approaches it. It now also has formed a 'double bottom' along the upward rising demand zone.
INR 220-240 is also a important horizontal support area. The upward running demand zone also currently shows support at INR 240. And is it random then that the most recent bounce that the stock witnessed came from INR 240zone??
What to make of this information? It tells us that the stock is currently going through the accumulation phase and 240-270 is a good price range to accumulate it. In the future when more demand for the stock kicks in it will accelerate firstly towards the INR 400 mark and then if it breaches that, then towards INR 550 mark. Both INR 400 zone and INR 550 were past supply/demand zones(support/resistance if you want to call them that) and hence one can again expect some slowdown around these crucial zones. In case of successfully breaching the INR 550 level the stock will dash towards INR 750-800.
I am sure i missed to talk about a lot of other things but i have tried to mark them onto the chart for easy visual grasp.
One can for sure make use of various other technical indicators available to confirm the views or even plan better entries. I prefer the raw price and volume data over anything else as it is the fastest moving and most reliable thing you will see plotted on a chart.
Note*- This post is for educational purpose only.
NQ Power Range Report with FIB Ext - 11/15/2023 SessionCME_MINI:NQZ2023
- PR High: 15913.00
- PR Low: 15894.25
- NZ Spread: 41.75
Key economic events
08:30 – Retail Sales (Core/MoM)
- PPI
10:30 – Crude Oil Inventories
Another day of expected news driven volatility
- Continues to drive supply towards ATHs
Evening Stats (As of 12:35 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Gap 8/2: -0.33% (closed)
- Gap 7/20: -0.11% (open > 15939)
- Session Open ATR: 243.93
- Volume: 27K
- Open Int: 271K
- Trend Grade: Neutral
- From ATH: -5.3% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15247
- Mid: 14675
- Short: 13531
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.