DXY short UPDATE - Supply Demand - h1Hello Traders!
Quick Update on DXY. We are right now at a h1 Supply Zone.
What can we expect
I expect the price to drop down.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius .
Darius
EURUSD short - Supply Demand - h4 (Correlation)Hello Traders!
I can see some nice zones on the h4 timeframe. Also I draw some trend line and we can that they work pretty well as support resistance line. We are currently at a h4 Supply zone. We can expect on the EURUSD two possible scenarios.
Two scenarios:
#1 drop from the Supply Zone down to the Demand Zone
#2 push higher into the supply zone. Then supply zone became Demand Zone and we will see EURUSD going up
What can we expect
My thoughts are that we will see EURUSD pushing more down. Like I mentioned in the DXY Analysis I analyzed it for the correlation. So I expect the DXY to go up. Therefore EURUSD should drop.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
USDCAD short Update - Supply Demand - h1 SetupHello Traders!
Quick Update on USDCAD. It went up to the h1 Supply Zone. This is a great opportunity to short USDCAD. Wait for the h1 candle close in order to confirm the entry.
What can we expect
I expect the price to drop down to the Support Zone. We could see it dropping more but I will put Take Profit at the Support Level.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
US30 (DOW) short - UPDATE - Supply Demand - daily,h4,h1Hello Traders!
US30(DOW) - Analysis is still valid. I just added a nice trend line to see the Trend better. We are currently at the daily, h4 Supply Zone.
What can we expect
I see US30 dropping from this zone. Also we can check the h1 zones. We have there a h1 supply zone at the current price
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions .
Thank you and we will see next time
- Darius.
USDCAD short UPDATE - Supply Demand - h4,h1Hello Traders!
USDCAD worked out pretty well. We approaching to hit the support level. This would be a nice take profit area. We can see how nice USDCAD moved down and alway grabbed some orders from the h1 Supply Zones.
What can we expect
We can expect that the price will go up again to the h1 supply zone to grab more orders and then it will go down. Extended target would be the Demand Zone.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
GBPJPY long and short - Supply Demand - h1, m30Hello Traders!
On GBPJPY I can only make an analysis on the lower time frame. On the h4 or daily I can not determine any good key levels to trade right now. The market on gbpjpy is a little bit ranging and not hard trending. This is why I decided to make an h1 analysis and to trade on the lower timeframe.
I have determined some nice levels. We can see a push to the m30 Supply Zone and then drop. Or we can see the price breaking this level and going up.
What can we expect
For me GBPJPY is more then likely to go down but we need to watch price action. I can not tell that for sure right now.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
GBPUSD long or short - Supply Demand - h1Hello Traders!
Like I mentioned in the last analysis, this is one on the lower time frame. On the h1. Here we can see that we are right now at a h1 Supply Zone. This zone already has some touches which makes it risky to short.
Two scenarios:
#1 drop from the Supply Zone down to the Demand Zone
#2 push higher into the supply zone . Then supply zone became Demand Zone and we will see GBPUSD going up
What can we expect
It would not suprise me if GBPUSD will break the supply zone, but we need to watch price action
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
GBPUSD long or short - Supply Demand - h4Hello Traders!
On GBPUSD we still have our h4 Supply Zone which pushed the price already down one time. If a zone gets more touches the zone became more risky.
Two scenarios:
#1 drop from the Supply Zone down to the Demand Zone
#2 push higher into the supply zone . Then supply zone became Demand Zone and we will see GBPUSD going up
What can we expect
For me it is not clear right now in which direction GBPUSD will go. We need to watch price action in order to get the confirmation for the direction. I will also share an analysis on a lower timeframe.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
DXY long or short - Supply Demand - Why analyzing DXY?Hello Traders!
I can see some nice zones on the h4 timeframe. We are currently at a Support line and we are about to see a push to the upside into the Supply Zone. Now we need to watch price action in order to see in which direction we will push from this zone.
2 scenarios:
#1 push to the supply zone and then drop
#2 push to the supply zone and the the supply zone became a demand zone and we will push higher on the DXY
... but ...
Why do we need to analyze the DXY?
Actually I like to have a look on the DXY because of the Correlation. So the DXY is nice to use when we are trading XAUUSD , EURUSD , AUDUSD , GBPUSD . Usually when the DXY goes up, the mentioned pairs will go down.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius .
GBPUSD long - Supply Demand, Trend Line, h4 On GBPUSD I see 2 nice Trend Lines. Also there is a h4 Supply Zone. I will look there for a nice price action confirmation in order to sell it. My target will be the area of the support level. In terms on how the next h4 candles will close it can form there a Demand Zone. This is what we need to keep an eye on in order to set our take profit properly. Otherwise we could see more downside movement on GBPUSD.
I will Update the Chart if necessary. So make sure to leave a LIKE or a COMMENT to not miss the updates.
EURUSD long UPDATE - Supply Demand - h4Quick Update on EURUSD
Price did not went up to the Supply Zone marked on the last analysis. This is not a problem for us. Instead it went down to the Demand Zone. This is for me a good price to buy. But I would like to see some sort of price action signal before I am buying EURUSD.
From the Demand Zone I expect the price to go up to the new Supply Zone.
EURUSD long - Supply Demand h4 - Addition AnalysisQuick Update on EURUSD. I added a Trendline on the h4 timeframe. We can see a nice close at the Demand Zone and above the Trend Line. So this is a valid retest at the trend line.
From here I expect a push to the upside. The target is still the Supply Zone marked on the charts.
Confirmation:
#1 Demand Zone
#2 Trend Line
The last confirmation would be Price Action. So keep an eye on it.
Bitcoin Supply Demand Swing Analysis - longOn Bitcoin we can see a nice weekly Demand Zone. We have seen there a nice Retest in that area and a perfect close of the weekly candle in order to confirm our long trade. I mentioned this already a few months ago to keep an eye on this weekly Demand Zone.
Weekly Supply Demand Zones work very well on Bitcoin. Always wait for price action in order to confirm the zones.
The target now for Bitcoin will be the weekly Supply Zone. There would be a nice price for the Take Profit. At Supply Zones I am expecting the price to drop. Therefore I will look after reaching the Supply Zone for Price Action Signals in order to sell Bitcoin. Afterwards again to buy.
On the long run I see Bitcoin long.
What are your thoughts on Bitcoin long term and short term?
EURAUD short and long setup, Supply Demand, h4 and dailyTwo possible Scenarios for EURAUD.
#1 - We can see the price going down to the h4 Demand and then go up to the first h4 Supply and then again down.. or
#2 - We can see the price going down to the h4 Demand and then go up to the second h4 Supply and then again down
From where do I know which h4 Supply Zone will work?
Simply. Just watch price action.