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Supply and Demand

EUR/USDEUR/USD. I have the following preview of this pair>> I would expect NA to reach the Daily High. On the 4H TF we have Long M2 but I do not expect the market to come there because there is no Gap. On the 4H TF we closed above wVAH, so for me it is long and I would expect NA to reach the level. Anyway, if a situation arises and the market reaches Long M2, I would look for Long positions here (it is a strong zone for me where I have this week's wPOC and yesterday's vPOC). On the 30M TF we have a Long structure where we have short M2 above which we closed and it is my next support zone where LVN is also located. We are currently above today's vPOC.
Long
by Franz0FX
BICOUSDT analysis (1H, 1D)I've done a NEIROETHUSDT analysis in the recent past, and one thing I learned from it was that we should never overlook the volume . We look at the BICOUSDT chart here and similarly we see a big volume in recent hours. The red line represents the resistance line of the downtrend from 1D chart. The downtrend has been continued for last 6 months , and we can see that this line has had a lot of price actions since this March - making it very important & historical. And now, we see the price approaching the line again, but this time it is exceptionally aggressive - the candle is tall, the volume is nothing like we've seen in past 2 months. Going back to the 1H chart, we can identify the supply zone just before the aggressive climb takes place. We can rely on this zone because it has shown numerous price actions in the past - whenever the price steadily declined down to the zone, it has shown reversal of trend. The only time it did not respect the zone was this - a massive bearish candle delivered by the volume spike - almost 50 times higher than the previous one. When the price moves aggressively like this, we cannot expect reversal to happen: this is why we always enter AFTER confirming the reversal. The price is now being retested in 0.22 - 0.23 zone. One strategy we might use here is good old 'liquidity grab' strategy. The principle of this strategy is catching the false breakout of the liquidity grab line and enter short when we confirm reversal of the trend. Momentum Oscillator will help us in confirming the reversal. HOWEVER, the unusual volume spike in recent candles could make such approach risky. Although it might be profitable temporarily, it is definitely not in long term. (At least we cannot expect it to be.) Considering two factors - one, price is very close to the resistance line of the downtrend with high volume and two, BTC is on an uptrend as US election nears: these could mean that BICO is ready to stop the 6-months downtrend and reverse into an uptrend. When price is being this aggressive, it might not respect any zones, lines or levels. BTC movements are also very unusual. Back to BICO: And just as it shows in its history, it doesn't mess around in an uptrend. Stay tuned!
by QJEEE
BUY GOLD NOW! - (SNIPER)XAUUSD printed a new record high Wednesday morning as traders and investors dug into their pockets to bump up the prices to yet another lofty level. The precious metal rose 0.5% in the early hours, adding to Tuesday’s 1.5% gain and topping $2,790 per ounce for the first time ever. For the year, gold is up a massive 36%, outshining the broad-based S&P 500, which is up 23% for the same time span. BUY GOLD NOW 2783-2781 TP 1: 2785 TP 2: 2789/OPEN SL 2777 #DOLLARHUNTERX #GOODLUCK
OANDA:XAUUSDLong
by DollarHunterx
CRUDE OIL (WTI): Time to Fill the Gap?!WTI Oil experienced a significant drop at the opening due to tensions between Israel and Iran. Historically, there is a high probability that such gaps will be filled. This presents a potential opportunity for long positions. The price has now reached a crucial daily support level and is consolidating within a narrow range on the 4-hour chart. I have identified a confirmed breakout of a resistance zone within this range, indicating a potential upward movement. It is possible that the oil price will increase and reach levels around 70.00 - 71.00.
TVC:USOILLong
by linofx1
5
NQ Power Range Report with FIB Ext - 10/31/2024 SessionCME_MINI:NQZ2024 - PR High: 20495.75 - PR Low: 20426.75 - NZ Spread: 154.5 Key scheduled economic events 08:30 | Initial Jobless Claims - Core PCE Price Index (YoY|MoM) 09:45 | Chicago PMI Daily rotation off 20800, taking out Tuesday's low Session Open Stats (As of 12:25 AM 10/31) - Weekend Gap: +0.24 (filled) - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 283.82 - Volume: 31K - Open Int: 277K - Trend Grade: Bull - From BA ATH: -3.7% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 20954 - Mid: 19814 - Short: 17533 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQZ2024
by mv3trader5
Bitcoin Update: About to start rocketing to 100K!BTC is making a decent change of character on the daily chart and now it’s making new highs. According to my latest analysis on Bitcoin, the bullish scenario of breaking above 70K has played out and now we’re closing the price above 70K. In the current situation, I expect a minor correction to 66K before starting the main rally for Bitcoin to higher price levels and making new all-time highs, with the major resistance target of 100K. The correction is invalid if the price closes a daily candle above 74K, and the bullish impulse from 66K to 100K is dismissed for a while if the price breaks below 65K. DYOR
Long
by farhadnmd
GBPUSD is in the Buying Direction after Testing Support Hello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
UsOIL Long Buy due to lower Support Hello Traders In This Chart XTIUSD HOURLY Forex Forecast By FOREX PLANET today XTIUSD analysis 👆 🟢This Chart includes_ (XTIUSD market update) 🟢What is The Next Opportunity on XTIUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
TVC:USOILLong
by ForexMasters2000
LTCUSDT Long Setup Setting / Risky but Why not?BINANCE:LTCUSDT 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status) 👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate. ➡️Entry Area: Yellow zone: 68.45-66.76 ⚡️TP: 69.43 70.50 71.90 🔴SL: 64.89 🧐The Alternate scenario: If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
Long
by CrazyS
Time to buy $CAT?Simons Cat did a 2X after the Binance Futures and OKX listing. Great result. NYSE:CAT couldn't break the ATH, for now... After the pump NYSE:CAT drops 30% which could happen after such pump. Simons Cat has reached the support level and we can also see on the 4HR timeframe a Bullish Divergence. Is the bottom in? KUCOIN:CATUSDT MEXC:CATUSDT OKX:CATUSDT GATEIO:CATUSDT POLONIEX:CATUSDT HTX:CATUSDT BYBIT:CATUSDT COINEX:CATUSDT OKX:CATUSDT.P PANCAKESWAP:CATUSDT_4A39EB
Long
by kennethvanboven
2
THE KOG REPORT - Update End of day update from us here at KOG: Yesterday we said we would be looking for the pull back into the lower support regions in order to long again and attempt the outstanding target in Gold 2779 and 2780. Both these targets are now complete but we didn't get the entries that we wanted for them. Instead, we had to switch to the red box indicator which gave us a few decent trades for the day in to the levels that we wanted. We are getting the RIP's from the regions we've highlighted, but nothing significant to be able to say we're going to see the swoop we want. Now, again, I'm happy to sit and wait, we're too high to want to long due to potential profit taking and we still have higher levels open for the target. 2790, 2800 and above that 2804 which are sitting above the red box support are there, however, we have a pullback region of 2765 which gives us the potential range. I would rather we short from higher, or attempt the long from lower, otherwise, the range is to be played 2775 to 2795. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
Gold is in the bullish direction after correcting the supportHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
ICMARKETS:XAUUSDLong
by ForexMasters2000
XAUUSD(Gold) - Trend Reversal ExpectationFrom a technical perspective, XAUUSD has been in a bullish trend for a while due to several factors. All good things come to an end, in a simialr way I'm expecting Gold to start it's trend reversal. Gold is currently facing resistance at 2740-2750 levels. I'm expecting Gold to turn bearish in the coming days and I also see a start of a trend reversal pattern forming in Gold in Day TF. The levels are marked in the chart. Good Luck with your trading plans!
OANDA:XAUUSDShort
by Mojo_0906
SasanSeifi|Can We Expect $80 or More?Hey there, ✌ NYSE:RDDT In the daily time frame, it can be observed that we have experienced an upward trend from the $50 mark, with the price currently moving within an ascending channel. At present, the price is situated at the midline of this channel. The outlook remains predominantly bullish, and it is expected that after a brief consolidation, the price could rise to the previous peak of $78. Furthermore, if the price breaks above the previous all-time high (ATH), we may witness further gains towards the targets of $80, $85, and even $90. To better understand the continuation of this upward trend, it will be crucial to observe how the price reacts to these anticipated levels. The potential trend is also illustrated in the accompanying chart. Key support levels for this bullish scenario are found between $65 and $60. If these supports are lost and the price stabilizes below them, the bullish analysis will lose its credibility. 💢 This is just my personal analysis, not financial advice. If you found this helpful, feel free to like and comment – I'd love to hear your thoughts! Happy trading! ✌😊
NYSE:RDDTLong
by SasanSeifi