Groupon Daily Demand zone Groupon acts as the middleman between consumers and merchants, offering a variety of products and services at discounts via its online store. It offers consumers daily deals (in the form of online vouchers) from local merchants. Groupon also sells products directly to consumers. It generates revenue from the take rate on the purchase and/or usage of the vouchers (40% of total revenue) and from direct sales (60% of total revenue). More than 65% of Groupon's revenue comes from North America
That area is a well nested area and a cheap stock . marked where am going long with stop loss and Target profit
Demand_zone
EURNZD BUYSetup on the 5 min chart, if the price reaches this DEMAND ZONE (1.67728), I expect it to rally despite being in a sideways trend on this 15m chart. On the Daily, it looks to be down trending but that's an extension from last week, and it is deeply OVERSOLD on the RSI. On the 4h chart, it is up trending just off being OVERSOLD on the RSI. The dotted red line is a support line from the Daily chart.
S&P ASX 200 Australian index longs at demand zonesS&P ASX 200 Australian index long bias.
Previous strong weekly demand level in control from around 5720. New very strong weekly demand created at 5804
Waiting for weekly highs to be solidly broken before going long again. Longs lower at weekly demand imbalance or new
daily and weekly demand zones if weekly highs are broken
GBPAUD - long setupSeveral factors pointing to potential long setup:
- near 61.8 retracement
- demand/support level retest
- end of elliott wave 5 wave structure
- Volume profile high volume node retest
- 4 hr reversal candlesticks in current zone
Looking for longs with risk set at 1.7327 and a 3.84R target.
CADCHF 16h Demand - Long in the context of weekly uptrendAll Trade Parameters shown on the chart. Long setup in 16h Demand. We trade the weekly uptrend. As shown on the chart we deepen our entry to put our stop loss below the pivot. The pivot represents daily demand. Deepening our entry resulting in a better risk to reward ratio