Demand Zone
EURCHFEURCHF is trading in descending parallel channel. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of local falling wedge from strong support zone and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 0.9620.
What you guys think of this idea?
AMD Reached to a good buying zone as shown on the chart NASDAQ:AMD reached to a fair price to enter right now and I think it is going to reverse up soon ,so i am buying AMD now now at 108.9 and my target in mid term is 125 and the final target at 156 .
What do you think? Please, comment on what's you opinion
GBP/CHF ↖️ Long Trade Setup ↖️Hello Everyone 🙋🏽♂️
Triple Bottom + Demand zone
💲 Entry Point : 1.09935
🟢 TP2 1.10240
🔴 SL 1.09788
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Trend Rotations and Trading OpportunitiesEURUSD seems to be displaying signs of a weakening bullish trend, paying homage to its prior structure with an immediate retracement.
For those eyeing a potential buying opportunity, I'm personally keeping an eye on the Bullish Shark Pattern, anticipating a 3-bar reversal around 1.0688.
That might just be the sweet spot for a promising buying opportunity! 🦈💱
What's your take on EURUSD's movement? Share your trade plans or thoughts on this trading setup in the comments below!
Let's discuss our strategies for navigating this market. 🗨️📈
Price on long term demand zonePrice is consolidating at the demand zone from 1998 and is clearly oversold. It won't take much more time to start climbing up. I already have a long position but still good time to jump in. My TP is around the 30 level but is probably too ambitious, I will take profit on the way up. There is a resistance at 26, be careful with that one.
🚀 Unveiling Trade Opportunities: FACT Fertilizers & ChemicalsWe're diving into the charts of FACT Fertilizers and Chemicals to uncover potential trade setups.
Current Situation 📊:
LTF Analysis: Currently, FACT is nestled in the 75-min demand zone, specifically the Rally 2 Base Rally (R2BR) zone.
ITF Overview: The Intermediate Time Frame (ITF) shows a clear uptrend. The price is comfortably trading at the daily EMA20
HTF Insights: Zooming out to the Higher Time Frame (HTF), the weekly chart indicates a strong uptrend, and there's a clear path upside with no resistance in sight.
Enter at the 75-min current demand zone, Risk-to-Reward Ratio: Aim for a lucrative 1:3.
🌟Thank you for your support! Your likes & comments. If you want to give any feedback then you can give in the comment section🌟
Trade with confidence, and let your profits run like a river. Embrace the journey!
Disclaimer 🚨:
This analysis is for educational purposes only. We aren't SEBI registered analysts. Trade responsibly.
EUR/CHF ↗️ long Trade Setup ↗️Hello Everyone 🙋🏽♂️
Demand zone + RSI Oversold
🟠 EP 0.94538
🔴 SL 0.93986
🟢 TP1 0.95143 ⚠️( Close 50% of the trade and Set the SL on EP )⚠️
🟢 TP2 0.95656
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
AUD/CHF ↗️ Long Trade Setup ↗️Hello Everyone 🙋🏽♂️
Demand zone + RSI Oversold
🟠 EP 0.57310
🔴 SL 0.57177
🟢 TP1 0.57463 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 0.57647 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 0.57851🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
EUR/CAD ↗️ Long Trade Setup ↗️Hello Everyone 🙋🏽♂️
Demand zone + RSI Oversold
🟠 EP 1.46743
🔴 SL 1.46196
🟢 TP1 1.47322 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 1.47884 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 1.48385 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
the Gopher swimming in significant liquidity pool since 17 November the Gopher has been trading in a parallel bearish channel failing to trade/close above and above it, with the top and bottom trendline of the channel acting also as dynamic support and resistance.
price has found itself in weekly liquidity pool made of significant levels - (i) weekly supply of proximal price of 146.700 now acting as demand on smaller timeframes (ii) weekly demand CP of proximal price of 146.400.
i forecast higher USDJPY prices because price has found support on the bottom trendline of channel and is reacting to liquidity pool with the bottom price of the liquidity pool being demand level which is currently the significant level in control of price.
i have bullish targets to 4HR previous demand of proximal price @ 148.900.
put together by : Pako Phutietsile ( @currencynerd )
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.
Gold Rush with AI: Is a Bullish Trend broken?Dear Esteemed TradingView Members,
I n the intricate dance of financial markets, recent analytics hinted at a potential dip in Gold prices towards the next support zone, resting delicately around the current trendline and $1920. In a broader view of gold, the prevailing trend remains steadfastly bullish. The recent descent, therefore, wasn't a harbinger of a bearish trend but rather a retracement within the overarching bullish narrative. Retracements, akin to ripples in a vast river, move against the current without altering its course.
I n this light, the bullish trajectory of Gold persists, despite the transient shadow of bearish developments. The true nature of this episode—whether a mere retracement within a bullish trajectory or the inception of a bearish divergence—might unveil itself by the first quarter of 2024. For those inclined towards the former, signs may include ascending RSI values, dwindling volume bars, and price actions hovering modestly above the demand zone.
H owever, should this unfold as a pivot towards a bearish trajectory, anticipate a descent where RSI mirrors the fall in price, breaching the demand zone, and volume maintains its pressure at a consistent or escalating level? While my inclination leans towards the bullish scenario, it's imperative to remain vigilant of the alternate narrative.
N avigating the dynamic terrain of financial markets involves intuition and a judicious blend of analytical prowess and cutting-edge tools. In my recent analysis, I utilized Gradient Boosting Machines (GBMs) to sculpt the contours of my demand zone, adding a layer of sophistication to the predictive landscape.
So, what are GBMs?
G radient Boosting Machines stand as a formidable force in machine learning. A distinguished member of the ensemble learning family, GBMs artfully weave together multiple decision trees, harmonizing their collective insights to refine predictions. While their computational prowess is undeniable, it's worth noting that GBMs tread on the more resource-intensive side, making them a powerful yet demanding ally in the quest for accuracy.
A dvantages of GBMs include the capacity to attain high accuracy levels and tackle intricately woven datasets with finesse. However, this prowess comes at a cost—GBMs can be computationally demanding during the training phase and exhibit sensitivity to the choice of hyperparameters.
I n tandem with GBMs, my analysis delves into the nuanced language of financial indicators, such as the Relative Strength Index (RSI) and volume. RSI, a stalwart in technical analytics, gauges the magnitude of recent price changes, offering insights into the overbought or oversold nature of an asset. Volume is the heartbeat of market movements, signaling the intensity and sustainability of price shifts.
T ogether, these tools form a symphony of insights, guiding us through the intricate dance of market dynamics. As always, this isn't investment advice but a shared exploration of market intricacies. Your funds are your responsibility, and understanding the tools at your disposal empowers you in this journey.
It isn't investment advice but a nudge to delve into your research. Your funds are your responsibility—handle them with care. Embrace risk-management strategies, explore available safety nets, and prioritize the preservation of funds over fleeting gains.
Warm regards,
Ely
DXY's Recent Shifts: Insights and ObservationsD ear Esteemed TradingView Community,
I'm sharing my recent analytical insights into the movements of the Dollar Index (DXY). Please note that the following reflections are not financial advice but rather a comprehensive analysis based on my observations.
This week, DXY experienced a notable descent, and my analysis, driven by AI natural language processing, suggests a correlation with global news developments. Strikingly, the influence of news events appears to have a more significant impact on price action than technical indicators. As DXY found its way down, it eventually landed in a support zone. While this decline signals a bearish sentiment, it's crucial to recognize that the current position also places DXY in a support zone. Historical data indicates that predictions originating from support zones tend to favor upward price trends. Although some indicators still hint at a potential bearish outcome, extending downwards to the underlying support zone around $101 (as indicated by the blue rectangle), this zone might also act as a reversal point. Notably, the current support level aligns with the Exponential Moving Average (EMA) of 200, adding a layer of significance to its potential impact.
In this scenario, careful observation becomes paramount. One can monitor whether the price breaks below EMA 200, potentially signaling a short position with a target at the underlying support zone. Conversely, a long idea could play out if the observed support level, coinciding with EMA 200, acts as a shield, propelling DXY upward. It's essential to exercise caution when contemplating short positions from the current level, given its classification as a support zone. The risk-reward ratio may not favor such a strategy at this juncture. Adding a layer of complexity to the analysis is DXY's correlation with the stock market. The potential for DXY to follow a bearish trajectory could be heightened by a flourishing stock market. Conversely, a bounce in DXY might indicate a retracement in the context of a thriving stock market.
In conclusion, the intricacies of DXY's current position warrant careful consideration. The interplay between support zones, technical indicators, and global events introduces a degree of uncertainty. As we navigate these waters, it's crucial to remain vigilant and adaptable in our approach to market analysis.
With regard and an understanding heart,
Ely
aussie forecast. on the daily chart price has been on a steady rally breaking previous bearish structure where i witness resistance levels now acting as support.
this upside movement is due to price finding demand around the 0.63700 to 0.62800 price areas with the most impactful price being demand at proximal price 0.63500 which is currently in control of price.
this increase in bull momentum resulted in price breaking and trading above liquidity pool ranging from 0.65300 to 0.65200, price retested this important market structure failing to close below it, with extra bullish confirmation of price breaking also and trading above dynamic resistance trendline forming several OHLO candlesticks indicating increasing bullish momentum and strong demand dominance in price.
i have a long bias on the currency pair all the way to next above crucial price level which is supply CP(imbalance continuation pattern) of proximal price 0.66300.
put together by : Pako Phutietsile ( @currencynerd )
SNX/USDT Long Trade Setup ⬆️Hello Everyone 🙋🏽♂️
RSI +Demand zone
🟠 EP 3.236
🔴 SL 3.051
🟢 TP1 3.434 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 3.617 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 3.803 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Cardano ADA - Bull Cycle - BUY & HODLCardano is getting ready for Black Friday.
It's on Sale, and it's time to lead some more, on each big dip.
ADAUSD ( ADAUSDT , ADABUSD ) is showing a "beautiful" Reversal Pattern.
I am holding and loading more.
My next good level: $0.15 .
Technicals:
* Elliott Wave A-B-C Pattern
* Fibonacci Retracement
* Demand Zone
* Cycle Analysis
* Bullish Divergence
My Fibonacci Time Zones tell me that early '23 is BOOMING!
One more dip please, and then we wait for Valhalla.
Decoding Market Trends: Platinum's Dance with AI-Predicted ShiftDear Esteemed TV Members,
P latinum has been swaying within a bearish trend. However, insights from Support Vector Machines (SVMs) applied to daily candles suggest a potential weakening of this bearish momentum. This predictive analysis, coupled with a possible rising channel pattern on the Relative Strength Index (RSI), indicates that the bearish trend might be approaching its conclusion, paving the way for a potential shift towards a bullish scenario.
S VMs, a formidable machine learning algorithm, serve a dual purpose in classification and regression tasks. In market analysis, SVMs are invaluable for identifying candlestick patterns, forecasting price momentum, and pinpointing crucial support and resistance levels. As per my SVMs, Platinum's price seems to be on the verge of entering a support zone, marked by the blue rectangle on the chart. This support zone could act as a catalyst, drawing in sufficient demand to instigate a reversal of the trend into a bullish trajectory.
V isualizing this potential scenario, I've outlined it with blue arrows and proposed a long position in the chart. However, a word of caution: Should Platinum experience a downturn below the outlined demand zone (as indicated by the purple forecast), it would be prudent to steer clear of the long position. In such a scenario, an alternative bullish outlook may emerge, capitalizing on Platinum's oversold conditions—a phenomenon observed previously on March 19, 2020, and a possibility hinted at in the alternative blue forecast.
Happy Trading!
A crucial disclaimer accompanies this insight: This is not investment advice, and the responsibility for trading decisions rests solely with the individual. It's imperative to conduct thorough research, exercise caution, and embrace effective risk management strategies.
Best regards,
Ely
How The Bitcoin PUMP Machine Works: SUPPLY And DEMAND Shocks!Every wonder why Bitcoins price seems to always go up over the long run? In this Video we examine the mechanism that continuously drives the price higher and higher from cycle to cycle. There are 2 parts to this pumping mechanism, part 1 before the halving and part 2 after the halving. Let's take a closer look!
USOIL Long Trade Setup ⬆️Hello Traders 🙋🏽♂️
The price hit the demand zone, with oversold on RSI with it a buy signal.
🟠 EP 73.15
🔴 SL 71.50
🟢 TP1 74.85
🟢 TP2 76.65
🟢 TP3 78.25
⚜️ Please support us with like & comment & Follow
Disclaimer
---------------
Trading is risky we all take loses
your responsibility is to not take more than 1% to 2% loss per trade and double your profits.
🚀 Seizing Opportunities: Cipla's High-Reward Trade Potential!Embark on a journey into the charts of Cipla as we uncover a compelling trade opportunity, breaking down the analysis in simple terms for both new and experienced traders.
Current Market Dynamics 📊:
LTF (75 min): Cipla is currently positioned within the 75-min demand zone, characterized by a Rally Base Rally (RBR) structure.
ITF (Daily): The daily time frame indicates an upward trend at price trading at 20 EMA, a sideways movement when considering smaller swing levels.
HTF (Weekly): Zooming out to the weekly chart, there's a clear absence of resistance, setting the stage for potential bullish movements.
Trade Strategy 📈:
Zone Analysis: The 75-min demand zone is robust and presents a prime opportunity for a low-risk, high-reward trade.
Risk-Reward Ratio: Planning for a Risk-to-Reward Ratio of 1:4, ensuring a favourable balance between risk and potential profit.
Why This Trade Stands Out 🌟:
The 75-min demand zone serves as a stronghold for potential price movements.
The daily trend, Price trading at Daily EMA 20.
A lack of resistance on the weekly chart provides a favourable backdrop for an upward trajectory.
Final Considerations 🚀:
Cipla's current positioning offers not just a good trade but a high-reward opportunity. With a focus on the strong demand zone and a promising risk-reward ratio, this trade deserves attention.
Trade Smart, Trade Confidently! 💹✨
Disclaimer 🚨:
This analysis is for educational purposes only. I am not a SEBI registered analyst. Trade responsibly.