Supplydemandanalytics
Waiting...Gold - Pretty simple stuff today, trading with order flow, Daily down, 1H down, 4H down, 15m down.. Waiting for a pullback into current supply, the 15M H&S to complete and ill be pulling the trigger!
If current supply fails i'll be looking for short term buys up to to 1805.740 zone.
Let me know your thoughts!
BTCUSDT local bullish until the supply?
The price is testing the resistance on the 4h timeframe and now the market is trying to create a new higher high
How to approach it?
IF the price is going to have a breakout, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
#GBPJPY selling opportunityprice bearish impulsive move broke market structure as well as short term bullish trendline to the downside. price is now below 1H, 30M, 15M EMA 200, and in last hour price formed a bearish engulfing candle which shows that sellers are now into the market after a short term bullish corrective move.
now that we have different confluence for bearish scenario we can sell this pair if following happen:
1- price fail to close above the arrow
2- price forming double top or failure swing formation. (both of the formations shows price failing to goes higher)
3- bearish engulfing candle stick formation
US30 NEXT POSSIBLE MOVEThe price is approaching the supply area
We hope to see the price drop when we reach this area
USDCHF Swing Bullish Expect 0.9800Pivot: 0.9300
OUR PREFERENCE:
Long Position above 0.9300 with targets at 0.9800 and 0.9900 in extension
ALTERNATE SCENARIO:
Below 0.9300 look for a further downside with 0.9200 and 0.9100 as targets
Comments: target was determined by fibonacci retracement (Golden level). if you have any misunderstanding or want an explanation or suggestion you can private message me.
OANDA:USDCHF
Thinking About Buying/Selling GBPUSD ? This will help you :)You will see by reading my previous posts this pair has been moving exactly as expected since hitting the lows @ 1.04 it's been correcting at the predicted levels like clockwork picture perfect lol
What's next you ask ? As wrote in previous posts the SUPPLY/SELL zone at 1.21-122 is a target we got a small reaction at the 1.20 previous support/low I expect the market to pop back up towards the 1.21 area so I will be looking for my indicator to give a SELL signal on a time frame from 4hr-daily ass price goes above 1.20.
The first easy target will be the 1.16 previous swing high in current up leg we also have a newly created weekly DEMAND/BUY zone around 1.15 so this will be target area. You will also be looking to buy back into the up leg at this level too.
Let's see how we go read my related posts on this pair
One More Time?I tried coming up with a poem as a creative way of saying " History doesn't repeat itself but it often rhymes "
But I suck. Hopefully my analysis isn't half as bad. Because if this doesn't play out I will be so embarrassed.
If it does get this low I'm full sending it lol
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Warning Risk: Your capital may be at risk. This material is not investment advice.
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Tesla: Elliot Wave Price Action 4HrHello. Regarding the share of Tesla, we see that after a downtrend, we hit the bottom of the channel and we see growth again. It seems that after a strong failure in the monthly time frame, there is a pullback on this level to the value specified in the chart with this ABC correction.
Wyckoff Logic Supply and DemandETHUSDT
Technical analysis
Cause, re-accumulation, equilibrium sequence between demand and supply between quotas , supply zone 1397 & 1231 demand zone .
Demand greater than Supply !
Implications,long!
Pattern Rally base Rally!
Effect generated by approx
27% .
SL 1438
Entry , buy! 1572
TP 2000
⭕ = circle
⏹ = square
🔺️ = triangle
Unit = ⭕ market
Polarity = 🔺️demand & 🔻supply
Equilibrium = ⏹ range ("the ratio between supply and demand is =")
PRINCIPLE OF DEMAND AND SUPPLY
The law of supply and demand
- here the analysts study the relationship between supply and demand , having as a reference point the price and
volume over a period of time as shown on the chart.
KEY DEFINITION
The law of supply and demand is of the utmost importance. If the application to
buy an instrument (currency pairs, stocks, commodities , metals, bonds, cryptocurrencies)
is higher than the available supply, the only way the demand can be met is
for the price to rise to a level that attracts enough supply to match demand.
When this point is reached, the price does not advance. If the offer to sell is
higher than the demand to buy, the only way the supply will be absorbed is as
the price drops to a point that attracts enough demand to absorb all
the amount. When that happens, the price doesn't go down.
Potential chance for bears to win the battle again! Sellers lost a trend line but as that line was so Steep it's not an important lost!
I think sellers are still strong enough to take back the market.
I'll start Shorting the pair around the zone and stop my orders over the line!
0.9860 could be my target
BPCL -Bullish Price Action AnalysisFrom Oct 2021 , NSE:BPCL has continuously made LH-LL in daily Time Frame.
Now Price has Approached pandemic level and also its demand zone comes from the higher TF such as Weekly & RSI is showing the Divergence.
A good buying opportunity arise if price sustains this demand zone (287-300).
Price has already dragged much from the top level so buying opportunity only comes to the picture.
If you have other opinion, please share your comment below and like & follow for upcoming great analysis.
Safe Trading ;)
JICPT| US and Japan 10Y spread suggests where the pair go! Hello everyone. USDJPY has retreated from 152ish due to the intervention of Japanese government. In my view, the intervention may temporarily weighed on the pair, however, it won't prevent it go up further. The possible level it might go is 160.
Why long USDJPY might become the best strategy of the year? Let's look at the left chart, containing two lines, with purple line for spread between US 10Y and Japan 10Y bond yield(risk free assets of the two countries ). It's clear to spot that USDJPY has a very strong positive correlation with the bond yield spread. Japan adopted loose monetary policy with rate at -0.1%. Whilst federal reserve aggressively tightened the rate several times. Big institutions can make easy money by following steps. Firstly, borrow Yen then convert to USD. Secondly, invest US dollar in the US treasury market to benefit from the spread. The first step is definitely put pressure on Yen.
So, if you try to take short opportunities, take a hit-and-go strategy. The spread is expected to be higher because Federal reserve is likely to hike another 75bps in Nov. Don't go against trend.
The entry level for bullish setup on the daily chart would be around 144 below the uptrend line marked on the chart. If the pair misses the zone and continues to create new highs, looking for pullback on 4H.
What do you think? Give me a like if you're with me.