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Supplyanddemandanalysis

Visa Stock Swing Trade Idea off a weekly demand levelIn a world where financial giants constantly jockey for position, Visa has long stood as a titan in the credit card arena. But with recent headlines buzzing about the Department of Justice's lawsuit against it, you might wonder: Is this the beginning of the end for this stalwart brand? Fear not! While challenges loom, Visa’s resilience and strategic prowess depict enduring strength and stability. There is a strong weekly demand level that has just gained control. We expect Visa stock to rally in the following days. Let's see what happens.
NYSE:VLong
by AlfonsoMoreno
1
AUDUSD SHORT >We have a Rally-Base-Drop(RBD) Weekly Supply Zone coverage for the RBD Daily Supply Zone >We have a high quality Leg-out(Imbalance) from Weekly TF and an Explosive leg-out from Daily Supply *Stochastic RSI confirmation (This is not a Timing tool, We always follow the Law of Supply and Demand): -Stoch RSI is at Overvalued Zone, meaning price is looking for a Supply Zone to Drop the price. In AUDUSD's case, it already hit the Supply zone. Ride the trend. >5,10,15 year Seasonality is Down-trending until 1st week of October. **NOTE** -Seasonality tool is just a set-up and an add-on guide. -Supply and Demand is our timing tool. Signal is good until 1st week of October or until Updated. Trade Safe
Short
by TradersPod
$GOOG | Watchlist | Buy Limit |Technical Confluences: - Price is at Oversold levels from 1H all the way till the Weekly timeframe - Price just broke the 38% Fibo Retracement level (Orange) - Price bounced off the 61% Fibo Extension (Blue) - Price is also in a strong Interest zone; previously the highs of end-2021 - However, price has also broken through a Support trendline Fundamental Confluences: - No doubt, Google is a strong name in the tech and now, AI space - Due to their dominance in many sectors, they are bound to face many kinds of regulatory scrutiny and lawsuits from anti-trust laws etc. - Revenue streams moving forward may also be affected from the court's hearings - Considering that Generative AI is picking up traction, will it impact Google's core internet search business activity? Google will definitely still be there just facing stiffer competition ----- As market is consolidating and rotation out of the tech and AI strategy, I will also bide my time and not rush to get into holding this tech dominant force. It will be wait and watch story and orders have been set to buy some within the $115 - $130 range. -----
NASDAQ:GOOG
by weekendanalyst
$BIDU | Allocation | Market Exec | Technical Confluences: - Price is considered at Oversold conditions in the D1, Weekly and Monthly Timeframes - Taking a Fibonacci Retracement from the beginning to the high of BIDU, price action is now at the 78% Fibo retracement - Price levels coincides with a Demand Zone which has been a strong demand zone over many years every time these levels are tested Fundamental Confluences: - NASDAQ:BIDU is referred to as the 'Google of China' and has been diversifying it's offering into AI, cloud services and autonomous driving tech. - Locally, they are up against Tencent and Alibaba in the digital ads, AI and cloud services but on a global scale, Google and Microsoft are there against them - Being 'Google of China' gives them the brand recognition and giant user-base helping ads revenue - Financially, they have been reinvesting most of their profits back for R&D and business expansion which for me, is important for Baidu to leave their mark strongly and remain competitive globally. - Recent earnings showed that they missed Revenue slightly but it's higher than previous Revenue results; EPS has beaten estimates most of the time as well - However, Baidu has high reliance on the Chinese market and makes them vulnerable to economic downturns or regulatory matters which is the current situation for them now ----- NASDAQ:BIDU is a long-term hold for me and considering it's value has dropped, it could be a value play at 9x forward earnings. I have previously got my first entry into it early August. Prices is still pretty much at the same levels. I will still look to add on more in the Target Zone area and hold onto it for now Will revisit it again later on but it's still allocation period for me. If price breaks below 70 then, I may reconsider re-shifting my target buy levels -----
NASDAQ:BIDULong
by weekendanalyst
1
$DXY | SilverEdge Insights |Technical Confluences: Price action is in Oversold conditions in the Daily and Weekly Timeframe. Likely to see some consolidation of positioning here. Price action broke out of an Upward Sloping Parallel Channel and cleared itself out of the that Interest Zone too. Likely will see a test to re-enter that Channel due to Oversold conditions. Elliot wave count shows it is trying to compete Wave C (expected target would be to 71% Fibo Extension levels - possible to test the 100% Fibo level) A new Downward Sloping Parallel Channel is in play now and Price action needs to see it break the mid of the Channel to see a substantial move downwards Fundamental Confluences: With the expected cuts, market started unwinding their long USD positions and it is reflected in the TVC:DXY The extent of Wave C will really depend on how quick and reactive is the FED in cutting rates (the higher chances of 50bps cuts; the likelier we will see USD get sold. Building into next week, we are likely to see some traders cover their short USD positions as they size down before NFP data. However, if there is any gyration on the geopolitical front or US elections, it is possible to see the TVC:DXY reverse back to the top of the Downward Sloping Parallel Channel and top out at the Interest Zone area again
INDEX:DXYShort
by weekendanalyst
$AUDUSD | Sell Trade | Market Exec |Technical Confluences: Price is at Overbought conditions Daily timeframe Price action is close to a resistance trendline and entering an Interest Zone Fundamental Confluences: Very similar to the OANDA:NZDUSD posting I did, all other Central Banks in the DM space wanting to cut rates, it negates off the yield premium that NZD would be getting against USD Market is consolidating after all the USD sell-off and profit-taking mood before NFP is likely to happen AUD being a commodity currency is greatly affected by China's economic performance and it is currently still looking bleak ----- I have also taken a Short position in the FX:AUDUSD trade and monitoring that the Resistance trendline and Interest Zone don't break. Within the Orange Zones, I will look to add position if I see further support that the Resistance will hold -----
Short
by weekendanalyst
$NZDUSD | Sell Trade | Market Exec |Technical Confluences: Price action is in Overbought conditions for Daily and Weekly Timeframe Price bounced off the 38% Fibo retracement Price is also rejecting the Resistance trendline Price action also reversed away from an Interest Zone Fundamental Confluences: With all other Central Banks in the DM space wanting to cut rates, it negates off the yield premium that NZD would be getting against USD Market is consolidating after all the USD sell-off and profit-taking mood is here now ----- Took a short position here targeting the 38% Fibo extension level while will look to cut above the Interest Zone. Risk/Reward ratio is at 2.41. Price should not break above the Resistance trendline to affirm the recent price has topped out. -----
Short
by weekendanalyst
2
GBPCHF | Short D1 | Market Exec | Incoming Risk-OffTechnical Confluences for Trade: - Stochastics are in Overbought Conditions on D1 and H1 time-frames - Stochastics are also Overbought in multiple Cross-CHF pairs and even on USDCHF pair. - Price action is close to a Supply Zone - Price action is close to multiple Resistance Trendlines & top of Parallel Channel as well - Targeting the 38% Fibo retracement for this trade Fundamental Confluences for Trade: - There seems to be some disconnect between asset classes and with everyone already so 'risk-on', the risk-off build up momentum is ripe for the taking. Suggested Trade: Entry @ Area of Interest 1.1570 - 1.1650 SL @ 1.1718 TP 1 @ 1.1425 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 1.1276 Risk-to-Reward @ Approx. 2.60 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only.
Short
by weekendanalyst
2
EURCAD | Short D1 | Market Exec |Oil Over EuroTechnical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frame. D1 is also entering Overbought Conditions. - Price action is at last month's Resistance Trendline - Price action is in a Consolidation zone - Targeting the 38.2% Fibo retracement Fundamental Confluences for Trade: - ECB plans to cut interest rate next month would weaken the EUR - Oil price should sustain with all the ongoing geopolitical risks; supporting CAD economy Suggested Trade: Entry @ Area of Interest 1.4760 - 1.4790 SL @ 1.4820 TP 1 @ 1.4709 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 1.4664 Risk-to-Reward @ Approx. 2.34 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________
Short
by weekendanalyst
NZDCAD | MT Long H4 | Milk Economy Over Oil Economy? Pair: FX:NZDCAD Timeframe: H4 - Medium Term (MT) Direction: Long Technical Confluences for Trade: - Stochastics are in Oversold Conditions on D1, H4 and H1 time-frames - Price action is at a resistance trendline & also a horizontal trendline (Demand zone) - Price is between the 61.8 - 78.6% Fibo retracement - Aiming for the 38.2% Fibo Retracement which is also a supply zone. Fundamental Confluences for Trade: - Very different economies with market data gyration will pretty much determine the direction of this trade. Suggested Trade: Entry @ Area of Interest 0.8070 - 0.8100 SL @ 0.8021 TP 1 @ 0.8155 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 0.8223 Risk-to-Reward @ Approx. 2.27 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________
Long
by weekendanalyst
2
USDCAD | Short H4 | Market Exe | Loonie to Ride the GreenbackTechnical Confluences for Trade: - Stochastics are in Overbought Conditions on H1 & H4 time-frame - Price action is at a Supply Zone area - Price action may reverse towards the ascending support Trendline - Targeting the 38.2% Fibo retracement Suggested Trade: Entry @ Area of Interest 1.3760 - 1.3800 SL @ 1.3854 TP 1 @ 1.3697 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 1.3611 Risk-to-Reward @ Approx. 2.12 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________
Short
by weekendanalyst
6
EURNZD | Short H1 | Market Exe |Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 time-frame - Price action reversed away from Supply area - Price action may reverse back towards Resistance Trendline and 61.8% Fibo Retracement Suggested Trade: Entry @ Area of Interest 1.8100 - 1.8110 SL @ 1.8156 TP 1 @ 1.8057 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 1.8009 Risk-to-Reward @ Approx. 2.03 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________
Short
by weekendanalyst
GBPUSD SHORT ACTIVE: M15I'm trying to keep my trading as simple as possible and just constantly keeping an eye on OF. 1. This was my POI this morning on the M15 for limit short as this is the zone that led to the previous BOS. (cs x1) 2. We have CH which pushed into the SZ you can also see the same thing happening with my previous trade. 3. The market also moved into the premium. (cs x2) 4. In plan to take 80% of my trade at the weak low. 5. Im going to let the trade run to see if it heads towards my H1 DZ. ------------------------------------- Daily perspective: 1. This daily DZ has my H1-DZ nested within it, could be a powerful move however it has been mitigated so there could be a short-term reaction and then a further push down. 2. This daily DZ has also been mitigated. 3. I think this daily DZ would be a prime choice to push the market back to the upside because there is buy-side liquidity here, not only that it pushes just out of discount prices and would break a strong swing low which led to the previous BOS.
Short
by ORDERFLO