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Supplyanddemmand

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