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Equilibrium

Consolidation between Supply and DemandAt the point A, the imbalance happened from the base (equilibrium). The price shot high quickly to the point B. After that the price retrace to the point C. The price rose again and broke the swing high of the B. and make the higher high. After that the price got down and broke the low of C. The price dropped slower than the rally of A. So the projection of the drop is to the point of D where the demand zone lies. After that, the price will rise (at least) to the level of B creating pattern Quasimodo. For your information, Quasiomodo is like head and shoulders but with an additional requirement of left shoulder. The left shoulder should get down and break the low of the right shoulder.
by albusthami
Potential breakout structure in the NAS100Good afternoon! Judging from where we've come from, beliefs are that price could continue a surge to the upside following either today's NYO or tomorrow's. Should price break out of the supply (then turned demand) zone of approximately 15440.00, we could see the NAS delivery another cracking move (similar again to the one seen on Monday of this week) to approximately 15662.00. If that is to be the case, a window of opportunity could present itself in the form of a breakout trigger at arond the 15550.00 level or close to at least. However, should price retest the 15m 200EMA and continue trading through the liquidity zone based at approximately 15290.00, it would ultimately invalidate this bias and we could potentially see a deeper corrective back down to approximately 15160.00. Lets see what happens.
OANDA:NAS100USD
by TheTradingRoom
Institutional corrective could be soon underway...Good afternoon! We've been closely monitoring the NAS100 in anticipation of the breakout of the institutional liquidity pool sitting up at around the 15400.00 level. First however, we are expecting a price corrective and retest back inside the demand zone based at approximately 15200.00. Should this corrective take place and price decreases, it would certainly make for an interesting bull opportunity for a trend continuation idea back up to our opportunite zone of 15400.00. Personally, we always enjoy showing a real essence of patience in the markets in waiting for price to come back into our ideal price level. Why would we want to have our orders filled at 15320.00 when we could potentially have them filled at 15200.00 instead right? This is our train of thought throughout all of our trading. Patience is a virtue!
OANDA:NAS100USDLong
by TheTradingRoom
SELL/ SHORT US30With Current Bearish sentiment and news in the markets, I am expecting the Dow Jones to buy to sell this week. Personally, I have two potential points pf interest in which I have In mind. #1 (YELLOW ARROW) I see that price pushed down to purge buy side liquidity. if we do buy, buy I expect price to rebalance and find equilibrium only to sell and fill the imbalance down at 34171. #2 (WHITE ARROW) I expect price to open gap down push up to grab liquidity only to sell and fill imbalance at 34171. My analysis will remain bearish on the over all week. Seasonalities also depict that we have created the yearly high.
FX:US30Short
by TATRADEZ
USDCAD - Perfect Liquidity Targets LONG-TERM !Long Term targets for USDCAD. Perfect Equal highs / Lows for the market to target. Both these highs and lows contain lots of liquidity resting in these specific areas as retailers and hedge funds are buying and selling at these levels. Both levels are expected to be reached. and potentially a huge manipulation to take out all uninformed traders. Look for PD Arrays within this sideways consolidation to trade from and to trade to. Be cautious of Equilibrium as it is the 50% of the range. Below Equilibrium, we're in Discount, above Equilibrium we're in Premium. So again, trade within the range and long-term targets for USDCAD is the Equal highs and lows of the range. Good luck.
by Bastianelton
Bitcoin: Weekly Forecast 25th July 2021Bitcoin managed to push away another attempt to break lower and climbed throughout the week. There's been statements going around by bitcoin market leaders to support Bitcoin and that they are holding and may buy more again. Nevertheless, this rebound could still be very temporary as the market is expecting a strong buyback at a much lower price and it probably doesn't make sense to buy now as it is still considerably expensive. The trend also hasn't change technically with both highs and lows still going lower. This week, we can probably expect the price to climb a little further but will start to look to sell from 36000 onwards. If the price does goes a little higher, we expect strong rejection at the demand zone around 39000. Ultimately, we expect Bitcoin to eventually break below 30000 and move towards 22000 and beyond.
BITSTAMP:BTCUSDShort
by AlgoVenture
Gold: Weekly Forecast 20210606The gold closed with a bearish weekly candle for the first time in 5 weeks amid a weakening dollar due to a weaker US labour market. The price was able to find support at the current equilibrium level and recovered quickly before the week ended. However, it was resisted at 61.8% of the Fibo level based on the most recent bearish wave which could potentially cause another short-term sell. This week, we could look for a selling opportunity from the current price of 1890 and target 1873 at the beginning. But going forward, since we are still seeing support from both the equilibrium level and the bottom of the 2-month rising channel, we will continue to buy the pullback as soon as 1883, followed by 1873.
FX_IDC:XAUUSDLong
by AlgoVenture