Supply and Demand
QKC/USDT- BUY SETUPBINANCE:QKCUSDT
✔︎ENTRY : 0.012604
🏓TARGETS :
✔︎T1 : 0.012604
✔︎T2 : 0.013253
✔︎T3 : 0.015140
💡Reason for this trade:
This trade gives my trading system a sign of strength:
• My trading system is based on liquidity and reversal zones.
• When the liquidity is swept from one side under certain conditions, we will wait for the price on the other side.
The liquidity will attract the price like a magnet.
• the first side that has been swept:
1- range deviation
2- reclaim bearish FVG as a flip zone
• Opposite side targets:
1- trend line liquidty
2- un mitigated wick
💡Entry setup
1- reclaim i FVG (flip zone)
⚠️WARNING:
• I'm not a financial advisor.
• Do your own research (DYOR).
Dollar back to levels of 107.969 since 2022!!!Admittedly, last weeks prediction of the dollar for me was that I expected it to finally push down, However price action then clearly showed me otherwise by showing its clear intent to move further to the upside and refusal to break structure to the downside which I had tried to anticipate . Although price hasn't taken the last significant high that created the 1h supply we have seen CHOCH and BOS to the upside on the 1H time frame suggesting that price wants to push up further.
This is validated by the pairs against the dollar wanting to push down and the fact that there is not only liquidity in the form of Asian highs but a large weekly imbalance and weekly supply zone where I predict price will push up to before finally returning to it's usual bearish trend.
I can expect price to react from the 13min order block after the new Monday ASL is taken. If not we may see price pushing lower slightly simply in order to grab liquidity and find the correct zone to react from, potentially the 3H HTF demand I have marked out in order to push up. This also aligns with my pairs against the dollar that will push up and then come down.
XAU/USD 16-20 December 2024 Weekly AnalysisWeekly Analysis:
Swing Structure -> Bullish.
Internal Structure -> Bullish.
Analysis/Bias remains the same as analysis dated 01 December 2024.
Price Action Analysis:
In my analysis dated 27 October 2024, it was noted that the first sign of a pullback would be a bearish Change of Character (CHoCH), indicated by a blue dotted line. Price's consistent upward momentum had positioned this CHoCH much closer to recent price levels as expected for weeks.
Now, for the first time since 23 November 2020, price has printed a bearish CHoCH. We are currently trading within a defined internal range.
Price is anticipated to trade down towards either the discount of the internal 50% Equilibrium (EQ), highlighted in blue, or the Weekly demand zone before targeting the weak internal high.
Note:
It is highly unlikely price will "crash" as many analysts are predicting. My view is this is merely a corrective wave of the primary trend.
Given the Federal Reserve's dovish policy stance alongside heightened geopolitical risks, market volatility is likely to remain elevated, influencing intraday price swings.
Weekly Chart:
Daily Analysis:
-> Swing -> Bullish.
-> Internal -> Bullish.
Analysis/Bias remains the same as analysis dated 01 December 2024
Price Action Analysis:
Price has shown a reaction from discount of internal 50% EQ. Currently price has been unable to target the weak internal high
Given the current internal range dynamics, price is expected to target weak internal high, priced at 2,790.170 However, considering the signs of a pullback phase on the Weekly timeframe, there remains a possibility of price printing a bearish Internal Break of Structure (iBOS). Price has yet to tap into Daily demand.
Note:
With the Fed maintaining a dovish policy stance and the continued rise in geopolitical tensions, we should anticipate elevated market volatility, which may impact both intraday and longer-term price action.
Daily Chart:
H4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase.
Price Action Analysis:
Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity,
for two possible reasons.
1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high.
2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855.
Intraday Expectation:
Intraday expectation and alternative scenario as per points 1 and 2.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
xau/usd continuation sell of from $2,678Gold has been showing clear structure to the downside on the 1H. However, on the 4H time frames and above we didn't actually see price further BOS to the downside buy rather it pushed back up the 8H imbalance to create EQH liquidity. This makes me wonder whether or not we will see a last push up from Gold before price then makes it way further down.
However, this week we can be sure to catch some sells on gold as we see a lot of bearish indication on the lower time frames. I am expecting for price to open and consolidate before it takes the ASH and potentially fails the 30min supply zones i have before reacting from the 6H supply. It is also possible that price may want to fill the 6h Imbalance above and actually react from the 4H supply instead.
If price truly wishes to respect these Asian highs and simply further react without having a significant retracement then I can potentially expect price to react from these lower time frame 30min supply order blocks.
JASMY/USDT- BUY SETUPBINANCE:JASMYUSDT
✔︎ENTRY : 0.04561
🏓TARGETS :
✔︎T1 : 0.05010
✔︎T2 : 0.05906
💡Reason for this trade:
This trade gives my trading system a sign of strength:
• My trading system is based on liquidity and reversal zones.
• When the liquidity is swept from one side under certain conditions, we will wait for the price on the other side.
The liquidity will attract the price like a magnet.
• the first side that has been swept:
1- range low as a failure swing point
2- reclaim 61.8 fibo (in the range)
• Opposite side targets:
1- first swing high
2- clean equal high at range high
💡Entry setup
1- reclaim i FVG (flip zone)
⚠️WARNING:
• I'm not a financial advisor.
• Do your own research (DYOR).
EUR/USD shorts to take key levels of liquidity belowI am expecting EUR/USD shorts this week as the Euro tends to align with the pound. overall from my HTF analysis the euro is bearish but we can expect price to retrace in order to further push down.
However, this week we see one of two options, price either pushing up to take the ASH created from market open before continuing in the downtrend from the 45min supply.
The second option price will push up to the 4h supply, validating the 2h demand that lays below ensuring price pushes up which will be it's HTF retracement before price overall comes to the downside.
we will see how price plays out this week from market open and its intentions will become slightly clearer on Monday and we will then better understand if price is ready to make its retracement or price wishes to continue down further.
Sell, Sell, Sell GBP/USD from 1.26341Using both HTF and LTF analysis and comparing this to the Dollar we can see that the pound will drop this week.
From market open we can expect price to either take the ASH tapping into the 4H supply and continue in the downtrend from last week taking the ASL and further breaking structure to the downside.
However, there is also an ASH above so it is possible price may push up slightly in order to grab liquidity and continue pushing down. With the extreme bearish euphoric price movement price may have already taken enough liquidity in order to respect the ASH and just move to the downside with no point of entry.
Regardless of the way price decides to move when the markets open and asian session is in play, I expect price to push down as we have seen a heavy downtrend.
USDCAD : Approaching the Historical Resistance of 1.43
Following the breakout of the 1.39 historical resistance and a pullback near this level, as noted in the previous analysis, the pair has continued to rise. On this time frame, the price is approaching the key 1.43 resistance, last touched on March 31, 2020. The reaction to this level will largely depend on dollar movements and the outcomes of the U.S. Federal Reserve meeting. If this level is broken, further growth toward the marked supply zone can be anticipated.
Near LongNEAR has been attracting attention recently with its strategic partnerships and investments in AI, showcasing strong potential for future growth. Currently, the price is sitting near a significant support level, making this an attractive entry point for a long setup.
Trade Setup:
Entry Zone: Current support level.
Take Profit 1 (TP1): $7.70
Take Profit 2 (TP2): $10.00
Stop Loss (SL): $6.20
This risk-reward setup aligns well with NEAR's recent momentum and technical positioning. As always, manage your risk and trade responsibly.
Good luck to all!
GOLD (XAUUSD): Support & Resistance Analysis For Next Week
Here is my latest structure analysis
and important supports and resistances for Gold for next week.
Support 1: 2648 - 2666 area
Support 2: 2605 - 2625 area
Support 3: 2536 - 2563 area
Resistance 1: 2718 - 2732 area
Resistance 2: 2787 - 2789 area
Consider these structures for pullback/breakout trading.
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Us Oil : Breaking the Recent Multi-Week Consolidation With the breakout of the consolidation zone marked on the chart and its subsequent retest, an increase in oil prices is anticipated. On the 4-hour time frame, reaching the supply zone could trigger a price correction, creating conditions for a re-entry. In this scenario, retesting the $70 level may position oil for further upward movement.