Supply and Demand
Natural Gas Supply Zone and Demand ZoneWhen trading natural gas (or any commodity), understanding demand zones is crucial for identifying high-probability buying opportunities. A demand zone is an area on the price chart where buying pressure is likely to overwhelm selling pressure, causing the price to bounce or reverse upward.
Bullish Momentum on the 4-Hour Chart of M6E1Looking at the 4-hour chart for M6E1, you can see that the market has been consistently moving upward. There’s a clear bullish trend overall, with the price showing strength and a tendency to rise. The chart suggests that the market is in a positive phase, with sustained momentum supporting further potential for upward movement
GBPJPY Bouncing off Failed Swing LineHi Traders!
GJ had a nice push to the upside reaching 193.000 making a new HL on the 4HR TF. Right now, price is pulling back bouncing off the Failed Swing line. If price broke below 191.000 with continuation, then I'd look to sell to the 4HR CHOCH area around 190.000. However, price isn't telling me that it wants to go lower. In addition, the candles printing on the Daily are smaller and not closing below 191.000 so that could indicate that price may push to the upside.
If GJ can give me more confirmation that it'll have the momentum to push past 193.000, then the inverted head and shoulder pattern might play out. I'd like to see more of a strong bullish close above 192.000 on a higher TF for me to think about a buy.
Lets see if GJ will come through for us, and give us a nice set up!🫡
Long trade
Pair: AUDNZD
Date: Tuesday, 18th February 2025
Time: 6:45 PM (NY Time)
Session: London to NY Session PM
Trade Details:
Entry: 1.10996
Profit Level: 1.11679 (+0.62%)
Stop Level: 1.10895 (-0.09%)
Risk-Reward Ratio (RR): 6.76
Reason: Buyside trade is based on a bullish market structure, liquidity grabs, and demand zone validation.
S&P 500 Futures - The stop hunt before the next move higher?Trading SPY, QQQ, or its futures counterparts had people checking their swing trades! A previous pivot point near the 0.382 level showed an area of piled up stop loss orders. With a glimpse of all time highs early in the morning a new measurement was required at the over night swing level. Price took the elevator down to grab the liquidity before moving higher? Or will this mark a reversal point for the S&P 500?
Nasdaq and Next Major SupportThe Nasdaq Composite is about to break above what will be it's next major support. When this happens stocks usually fly quite high. Please remember that it will likely want to hit back into this support at some point. So when you get big gains after this happens, do not enter new positions, just ride them. You also might want to trim some off and wait for the pullback into support before adding new positions.
As always, good luck!
NIFTY showing signs of REVERSAL..?As we can see NIFTY is showing signs of REVERSAL by forming multiple indecision candles around the trendline which is overpowered by the buyer but the demand zone is yet to be reached hence we can expect more of volatility and weakness before finally changing the trend so plan your trades accordingly l.