Supply And Demand Top-Down AnalysisSee Picture For Analysis:
This is an example of the supply and demand trading strategy top-down analysis trading "set and forget confirmation, and confirmation 2.0".
Howtotradesupplyanddemand
UST10Y Daily Timeframe Supply And Demand Analysis-Price has shown evidence of buyers by breaking downward trend lines, removing opposing pivot point zones, quality DBR created.
-Strong imbalance of buyers stepped in so I'm looking at them potentially stepping in again.
GBPCAD Supply And Demand Analysis-Higher timeframe weekly = Price sitting low in a 2 year sideways range where buyers have taken control each time so it's reasonable to look for buying opportunities.
-Lower timeframe 4hr = Price showing evidence on 1hr and 4hr by breaking downward trend lines and removing opposing pivot point zones showing evidence of buyers taking control.
-Quality drop base rally created and currently waiting on a pullback.
GBPCAD Supply And Demand Trade ReviewSee Picture for analysis..
-Price showed evidence of sellers coming in by breaking upward trend line/momentum
telling me sellers took control.
-I like to see a strong moved because this tells me
there was big money selling there and not small money.
-Breaking upward trend line/momentum line
-Price removing opposing demand
-Quality rally base drop created to short at on
the pullback.
