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Supplyanddemmand

USD JPY - Back on the move upG'day, Master Key for zones Black = Yearly Red = Three Month Blue = Monthly Purple = weekly Pink = Three, Four Day Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence as criteria varies to suit the individual. Below are some of the take aways from the video. Daily Chart Weekly chart Monthly Chart Let me know your thoughts and analysis. Each opinion is valid where research is conducted. Do you enjoy the setups? Professional analyst with 6+ years experience in the capital markets Focus on technical output not fundamentals Focus on investing for long term positional moves Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXIII
by LupaCapital
$BTC Supply and Demand Zones as well as Support and Resistance Based on the 15 min intraday chart of BTC as of March 24, 2023, here is a possible analysis: Supply Zone: $28,500 - $28,800 Demand Zone: $27,000 - $27,200 Support: $27,000 Resistance: $28,800 The analysis is based on the following factors: Technical Analysis: The supply zone is formed by the high of March 23 and the open price of the last candle, while the demand zone is formed by the low of March 24 and the close price of the previous candle. The support and resistance levels are also derived from these zones. The chart shows a downtrend within these zones, with lower highs and lower lows. The volume is relatively high, indicating strong selling pressure. Fundamental Analysis: BTC tracks the performance of Bitcoin, which is the leading cryptocurrency by market capitalization and adoption. Bitcoin has been trading near its all-time highs, supported by growing institutional and retail demand, innovation and development, and network effects. However, some challenges such as regulatory uncertainty, scalability issues, and competition may limit further upside potential. News and Events: BTC may react to any major news or events that affect the market sentiment and expectations. For example, on March 24, 2023, the US Securities and Exchange Commission (SEC) rejected a proposal for a Bitcoin exchange-traded fund (ETF) by VanEck, citing concerns over market manipulation and investor protection. This may have triggered a sell-off in BTC in the morning session. Sentiment Analysis: BTC may also reflect the prevailing mood and emotions of the traders and investors. One way to measure this is by using indicators such as the Fear & Greed Index (FGI), which measures the implied sentiment of Bitcoin options. A high FGI indicates greed and optimism, while a low FGI indicates fear and pessimism. As of March 24, 2023, the FGI was at 40, which is in the fear zone, suggesting some caution and nervousness in the market. Machine Learning and Artificial Intelligence: BTC may also be influenced by algorithms and bots that use advanced techniques such as machine learning and artificial intelligence to analyze data and execute trades. These methods may be able to identify patterns and trends that are not visible to human eyes or conventional tools. However, they may also introduce noise and unpredictability into the market, especially during periods of high volatility or low liquidity. Price Action: BTC may also follow its own logic and behavior based on supply and demand forces. Price action is the study of how price moves and reacts to various factors without relying on any indicators or external information. Price action traders use tools such as candlestick patterns, trend lines, chart patterns, and Fibonacci retracements to identify entry and exit points based on price movements alone. Based on the 15 min intraday chart of BTC as of March 25, 2023, here are some possible supply and demand zones as well as support and resistance levels: Supply Zone: $28,800 - $29,000 Demand Zone: $27,200 - $27,400 Support: $27,200 Resistance: $29,000 These zones and levels are based on the previous day's high and low and the current day's open and close prices. The chart shows an uptrend within these zones, with higher highs and higher lows. The volume is relatively high, indicating strong buying pressure. However, if price breaks above or below these zones, new supply and demand zones as well as support and resistance levels may be formed. For example: If price breaks above the supply zone ($28,500 - $28,800), a new demand zone may be formed around this area, while a new supply zone may be formed around the next resistance level of $30,000¹, which is a psychological round number and a potential target for many traders. If price breaks below the demand zone ($27,000 - $27,200), a new supply zone may be formed around this area, while a new demand zone may be formed around the next support level of $26,000², which is the low of March 22, 2023 and a previous resistance level. I hope this helps you understand my supply and demand zones better. Do you have any questions or feedback?😊
COINBASE:BTCUSD
by DailyTradeSetups
$SPY Supply and Demand Zones as well as Support and Resistance Based on the 15 min intraday chart of SPY as of April 5, 2023, here is a possible analysis: Supply Zone: $407.91 - $408.67 Demand Zone: $405.88 - $406.50 Support: $405.88 Resistance: $408.67 The analysis is based on the following factors: Technical Analysis: The supply zone is formed by the high of the day and the open price of the last candle, while the demand zone is formed by the low of the day and the close price of the previous candle. The support and resistance levels are also derived from these zones. The chart shows a sideways trend within these zones, with no clear breakout or breakdown signals. The volume is relatively low, indicating a lack of momentum. Fundamental Analysis: The SPY tracks the performance of the S&P 500 index, which reflects the overall health of the US economy and stock market. The index has been trading near its all-time highs, supported by strong earnings growth, fiscal stimulus, and vaccine rollouts. However, some headwinds such as inflation fears, rising bond yields, and geopolitical tensions may limit further upside potential. News and Events: The SPY may react to any major news or events that affect the market sentiment and expectations. For example, on April 5, 2023, the US released its ISM Services PMI data, which came in better than expected at 63.7, indicating a robust expansion in the service sector. This may have boosted the SPY slightly in the afternoon session. Sentiment Analysis: The SPY may also reflect the prevailing mood and emotions of the traders and investors. One way to measure this is by using indicators such as the VIX (volatility index), which measures the implied volatility of S&P 500 options. A high VIX indicates fear and uncertainty, while a low VIX indicates complacency and confidence. As of April 5, 2023, the VIX was at 25.51, which is above its historical average of 20, suggesting some caution and nervousness in the market. Machine Learning and Artificial Intelligence: The SPY may also be influenced by algorithms and bots that use advanced techniques such as machine learning and artificial intelligence to analyze data and execute trades. These methods may be able to identify patterns and trends that are not visible to human eyes or conventional tools. However, they may also introduce noise and unpredictability into the market, especially during periods of high volatility or low liquidity. Price Action: The SPY may also follow its own logic and behavior based on supply and demand forces. Price action is the study of how price moves and reacts to various factors without relying on any indicators or external information. Price action traders use tools such as candlestick patterns, trend lines, chart patterns, and Fibonacci retracements to identify entry and exit points based on price movements alone. If price breaks out of the current supply and demand zones ($407.91 - $408.67 and $405.88 - $406.50), the next zones may depend on how far and how fast price moves and how it reacts to other support and resistance levels. One possible way to estimate the next zones is to use the size of the current zones as a guide. For example: If price breaks above the supply zone ($407.91 - $408.67), the size of the zone is $0.76 ($408.67 - $407.91). Adding this amount to the high of the zone gives a possible target of $409.43 ($408.67 + $0.76). This could be the end of a new supply zone, while the start of it could be around the next resistance level of $412.35, which is the high of March 3, 2023. Therefore, a possible new supply zone could be $409.43 - $412.35. If price breaks below the demand zone ($405.88 - $406.50), the size of the zone is $0.62 ($406.50 - $405.88). Subtracting this amount from the low of the zone gives a possible target of $405.26 ($405.88 - $0.62). This could be the start of a new demand zone, while the end of it could be around the next support level of $402.35, which is the low of March 1, 2023. Therefore, a possible new demand zone could be $402.35 - $405.26. These are just rough estimates and may not be accurate or reliable, as price may not move in a linear or predictable way and may be influenced by other factors such as volume, news, sentiment, or machine learning. Therefore, traders should always use other tools and methods to confirm their entries and exits and adjust their zones and levels accordingly.😊
AMEX:SPY
by DailyTradeSetups
NASDAQ UPDATEThis is an update of the previous analysis. The price reached the offer zone, never confirmed entry in 5m, and with the volume of 09:30 NY and the news of the Prelim UoM Consumer Sentiment. The price eliminated the zone, taking liquidity from it and then distributed below the low, breaking structural points. After breaking the zone I expected a confirmation in 5 m to take shorts but he never gave it. He left a valid zone of 30 minutes in which he can test before the market closes or in any case perhaps for next week. If you liked it, help me by leaving a boost and a comment telling me what you think.
OANDA:NAS100USD
by rstradesuy
GBP AUD - Buying imbalance in playG'day, This is the first video analysis upload, so the length is something I would like to scale down being more concise in future, however in order to appeal to the broader market, Technicals need to be simplified. A note before reading - this is a forecast analysis - based upon a long term trading strategy looking for Fresh Demand/Supply zones. This is tagged Neutral to the overall monthly demand in control and active long trades. Until the opportunity of a rejection of the PCP has occurred or a long opportunity from a break and retest of the trend. Overall, where an imbalance is formed and sellers have completed the changing of hands due to purchasing further increments the exhaustive sellers. Until this criteria is met - no trade is taken until reactive, break or curve is confirmed. Long term investment strategy will be looking for buys as part of the next cycle. This is an investment and not a quick move based on lower time frames. Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Three, Four Day Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence. Recap shots Monthly Weekly Daily Do you enjoy the setups? Professional analyst with 5+ years experience in the capital markets Focus on technical output not fundamentals Focus on investing for long term positional moves Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXIII
by LupaCapital
AXSUSDT is testing the key level!AXSUSDT is testing the weekly support at the $9.9 area, which is a crucial level for traders and investors. The 0.786 Fibonacci retracement level is also in close proximity, which is a key level for traders who use Fibonacci retracements to identify potential areas of support. It is expected that the price will bounce off this level, as it has done in the past, as traders look to enter long positions. However, in order for this bounce to occur, the price needs to break out from the descending channel and static resistance, which has been acting as a significant barrier to upside movement. Once this breakout occurs, it is likely that we will see a strong move to the upside, potentially towards the $12.5 area. According to Plancton's rules, a new long position should be opened once the breakout occurs and the price closes above the resistance level. This is because the breakout is a strong indication that the trend has shifted in favor of the bulls, and that further upside movement is likely. As such, traders who follow Plancton's rules may look to enter long positions in anticipation of a strong move higher. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
4
XAUUSD SHORT BIAS IDEAHello all! Once again my projection played out perfectly (last week XAUUSD video analysis). Now, retracement is playing out, looking at the next Daily Supply Zone (refined to 4H), GOLD is heading towards the zone! I will look to enter on a CONFIRMATION ENTRY ONLY! I will look for LIQUIDITY to build up just below (Potential outcome), then monitor LTF for a POI to follow the next leg down on GOLD! In other cases, GOLD may just push up, and mitigate the zone before NFP, and sell hard after NFP release! But, we will see! We can only project the market! :) Take care!
EIGHTCAP:XAUUSDShort
by NeddFx13
USDJPY Longs to 134.500!Reading price action we can see that USDJPY has shifted up in momentum creating higher highs and higher lows. The price has now broken previous areas of interest and is now testing as new support. Reading the structure we can see the price is creating an inverted head and shoulders in confluence with a flag formation. Notice how the price has failed to break this zone with the long-wick rejection we are seeing at 130.500. If the price manages to hold above this zone look to buy back up to 134.500 key psychological zone. If the price manages to break we must reevaluate price action. Use proper risk management.
Long
by ChartAddicts