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Supplyandemandzones

Bullish Descending Wedge ? ₿ Weekly S/R Level $24,363Price is squeezing to the downside as we approach our 24,363$ Weekly S/R Zone. It also happens to be an extreme Daily Zone. The next Daily zone being at 22K which is a 10% drop from $24,363 Level. Short Traders have enjoyed a consistent downside push across the past 2 Months ever since BTC tapped into the $30,000 Weekly Level. This Long idea has to do more with the psychology of some players wanting to jump in the short/downside train. We'll see if a correction will change their minds as I can see a correction to clear out liquidity after we touch into a weekly S/R level ( 24,363$) . This Weekly s/r level was quite relevant during August 22' and February 23' .
COINBASE:BTCUSDLong
by ShrewdCatfx
NQ1! Supply Demand Levels 6/20We just recently broke from the 1HR downtrend line and looking to break to make newer highs. We have news releases this week for possible momentum to do just that. For this reason, I have bigger EOW targets to possibly reach. For intraday targets, targeting 0.5-1% of the NQ price. BULLS:I am interested in breaking the top of the trendline at 6/16/23 recent highs of 15475 and then the Daily supply zone above to be filled near 15.5k. BEARS: I like the 14981 area as we had previous bounces on the 4HR TF about 3x. If we can break through this area, I would like the 14879 zone to be filled. Link for chart: www.tradingview.com
CME_MINI:NQ1!
by tradeswithjess
Surrender Bears! Accumulation above 26,747 ? 📽️Timeframes are closing above Weekly Zone 26,770. Unless during the next 22 hours we see a 1.22% dump below our weekly level , I'm Looking up from here. Price has returned into our range from the second half of May between Daily Zone 27,400$ and 26,747$ Weekly Zone. Price printed a solid Bull candle rejecting our Weekly level which was anticipated. Price consolidated and dropped slightly during yesterday's daily candle. We haven't started dumping and price has been consolidating along the Highs of our Daily range from the Second half of Month May. The Highs during the Second half of May being 27,400$. As the New week begins I am looking for an Increase in Bitcoin as the debt ceiling controversy ends and the Summer begins. 29,246 Weekly Level is our target for the 1st half of June. Safe Trading.
COINBASE:BTCUSDLong
by ShrewdCatfx
⚖️ Auction Market Theory📍Auction Market Theory, developed by J. Peter Steidlmayer and expanded upon by Jim Dalton in his book Mind Over Markets, explains how financial markets function as auctions where buyers and sellers interact. The theory focuses on two main objectives: facilitating trade through a two-way auction process and determining the fair value of assets. Supply and demand dynamics and price discovery play a crucial role in this process. Auction Market Theory is represented using tools like Market or Volume Profile, which utilize bell-shaped curves to identify the value area, representing 68% or 1 standard deviation from the mean. 🔷 In a balanced market , buyers and sellers agree on prices based on their perception of fair value. This leads to lower volatility and prices that remain relatively stable, resulting in a ranging market. The fair value can be recognized using the Market or Volume profile, which appears as a Gaussian bell-shaped curve. However, financial markets rarely stay in balance indefinitely. New information, whether fundamental or technical, causes markets to move away from fair value and transition into a different environment. 🔷 Imbalance refers to the opposite of balance, where there is a disagreement about fair value. In this scenario, one side of market participants becomes more aggressive, leading to a trending market. Typically, markets tend to trend only about 20% of the time and range about 80% of the time. When the market is within the value range, it is more likely to remain in balance and explore within that range. However, in the case of an imbalance, the market often drifts higher or lower until it reaches a stop, typically within a previous value area. 💥Key Takeaways: 🔸 Auction Market Theory explains how financial markets function as auctions, focusing on facilitating trade and determining fair value. 🔸 Supply and demand dynamics and price discovery are essential in the Auction Market Theory process. 🔸 Tools like Market or Volume Profile use bell-shaped curves to identify the value area, representing 68% or 1 standard deviation from the mean. 🔸 In a balanced market, buyers and sellers agree on prices based on their perception of fair value, leading to lower volatility and a ranging market. 🔸 Financial markets rarely stay in balance indefinitely, as new information causes them to move away from fair value and transition into different environments. 🔸 Imbalance occurs when there is disagreement about fair value, leading to a trending market. 🔸 Markets tend to trend about 20% of the time and range about 80% of the time. 🔸 When the market is within the value range, it is likely to remain in balance and explore within that range. 🔸 Imbalanced markets often drift higher or lower until they reach a stop, usually within a previous value area. 👤 @AlgoBuddy 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work, please like, comment and follow ❤️
Education
by QuantVue
2
GBPAUD I Approaching supply zone where it may fallWelcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
4
S&P500 - WEEKLY PREVIEW | KW03 |In today's article, we will look at the *S&P500* and its relevant markers for the coming week. > KW 03 = 16.01. - 20.01. > The marks should serve you as orientation for your own analysis. > The "VIOLET" marked ZONES are TARGET RANGES - for possible trades. ! NOTE ! If financial events take place, there is a high probability that through market maker manipulation, the given marks are not respected . > Every Monday, I therefore upload a FX event overview, the respective week, which gives you an insight of the "turbulent" days and times. The cover picture shows an example of a possible trade . > This is one of many possible setups and is not alone in the room. ASSESSMENT This week, the S&P500 will, with great probability, come up against a strong resistance. As can be seen quite nicely from the daily perspective, a downtrend line resistance area is coming towards it. (Red lines + Red colored area). > In addition, important Fibonacci levels and a 4-hour SUPPLY zone are untouched, which for a further upswing, must first be overcome. > My target range for the upward movement is - 4,040 - 4,060 points - in this zone, strong resistance should be expected at the latest. > Of course, this forecast must be supported by the USD (DXY), which would be the driver for a possible sell-off in the S&P500. POSSIBLE MARKET SCENARIOS > THESIS 1: On Monday, we directly see a strong USD = S&P500 immediately sells off. > THESIS 2: On Monday, we continue to see a weakening USD = S&P500 will run into my "target range" and then bounce back. > THESIS 3: On Monday, we see by the new data of W2, another down sell in USD = S&P500 will run into my "target area", conquer it and run up to further spheres. OUTZOOMED "4 HOURS + DAY - INTERVAL" "1 HOUR + 4 HOUR - INTERVAL" ZOOMED IN "4 HOURS + DAY - INTERVAL" "1 HOUR + 4 HOUR - INTERVAL" POSSIBLE SCENARIES „4 HOUR – INTERVAL“ > Let's share our perspectives and views in the comments. > Sharing your point of view allows each of us to improve. If this idea and explanation has added value to you, I would be very happy to receive a review. Thank you and happy trading! ZIEL IST DIE AUTARKIE | THE GOAL IS SELF-SUFFICIENCY
OANDA:SPX500USDLong
by ZielIstDieAutarkie
EUR/CHF - LONG - ANALYSIS + EXPLANATIONThe "EUR/CHF" has been in a downtrend since March – 2021, and it is obvious that we can expect a trend reversal if necessary. > The EUR is the base currency of the pair and has suffered greatly from the USD (DXY) appreciation. > The CHF is generally seen as a security, which is why the EUR is losing out to them. --> Once the USD (DXY) shows signs of corrective behavior, I personally expect a significant upswing. = What this upswing might look like, I'll let you know in the following lines. Table of contents - 1st part = CURRENT STATE - 2nd part = TARGET ZONE PROPERTIES - 3rd part = CONCLUSION PART ONE Since the end of July until today, a formation has formed, which is also known as the "Head&Shoulders - pattern". --> This is formed in the EUR/CHF "OVERCOME", which is usually ended with a "Bullish" breakout. --> The neckline (breakout line) of the pattern, is located at the resistance line (gold-spiked), which has formed since March / 2020. Thus, it can be concluded that if the pattern breaks out "successfully", we will also break the resistance line. After the break of this resistance line, the following sequence of events would be possible: 1. SHORT-TERM TARGET = 1.618 FIB -> 0.98977 2. TEST = of the broken resistance -> conversion into support 3. TARGET = TARGET ZONE 1 SECOND PART "TARGET ZONES" are drawn on the chart, all of which have "concentrated" resistance characteristics. 1. | TARGET ZONE | 0.99718 - 1.00000 | points RESISTANCE - CHARACTERISTICS - "MSB" (Market Structure Break) | March/2022 LL. - "FIB" (Fibonacci) = 0.328s | Created March/2021 - September/2022 - "POI" (Point of interest) = 1.00000 | Psychologically important resistance level - "MA" (Simple Moving Average) = 8-long | Monthly chart - "ICHIMOKU CLOUD" = Conversion line | Weekly chart + Baseline | Monthly chart - "VP" (Volume Profile) = GAP in the zone | Not much volume traded = little resistance. 2. | TARGET ZONE | 1.00879 - 1.01526 | points RESISTANCE - CHARACTERISTICS - "MSB" (market structure break) | HL of April/2022 - "FIB" (Fibonacci) = 0.618s + 0.65s | Created = May/2022 - September/2022 - "FIB" (Fibonacci) = 1.618s | Originated = 02/09/2022 - 26/09/2022 - "POI" (Point of interest) = 1.01000 | Psychologically important resistance - "MA" (Simple Moving Average) = 50-length | weekly chart + 200-length | daily chart - "ICHIMOKU CLOUD" = no resistance in the HTF (Higher time frame) time levels T / W / M - "VP" (Volume Profile) = small volume | not much past traded volume = little resistance to the upside . 3. | TARGET ZONE | 1.02391 - 1.02791 | points RESISTANCE - CHARACTERISTICS - "RESISTANCE LINE" | Created September/2021 (4x touches). - "FIB" (Fibonacci) = 0.75s + 0.786s | Created = May/2022 - September/2022 - "POI" (Point of interest) = 1.02500 | Psychologically important resistance level - "SUPPLY ZONE" = | Monthly chart - "ICHIMOKU CLOUD" = Cloud resistance | Weekly chart + Conversion line | Monthly chart - "VP" (Volume Profile) = Strong Volume | Much Past Traded Volume = Major Resistance. X. | POI ZONE | 1.03736 - 1.03936 | Points RESISTANCE - CHARACTERISTICS - "FIB" (Fibonacci) = 0.88s | Originated = May/2022 - September/2022 - "POI" (Point of interest) = 1,04000 | Psychologically important resistance - "SUPPLY ZONES" = | Daily + Weekly chart - "VP" (Volume Profile) = Strongest volume | Highest past traded volume concentration = Very large resistance. - "MA" (Simple Moving Average) = 50-length | monthly chart. - "ICHIMOKU CLOUD" = no resistance in HTF (Higher time frame) time levels T / W / M 4th | TARGET ZONE | 1.04839 - 1.05398 | points RESISTANCE PROPERTIES - "FIB" (Fibonacci) = 0.618s + 0.65s | Created March/2021 - September/2022 - "POI" (Point of interest) = 1.05000 | Psychologically important resistance level - "MA" (Simple Moving Average) = 100-length | weekly chart + 50-length | monthly chart - SUPPLY ZONES" = daily + weekly + monthly chart - "VP" (Volume Profile) = GAP in the zone | Not much past traded volume = little resistance to the upside. CONCLUSION You now know what the scenario for "EUR/CHF" could look like. The following conditions must be met: - DXY (USD) starts to CORRECT = pressure way fall for the EUR -> EUR more dominant than CHF - BREAKOUT of the H&S pattern -> OVERCOME the resistance line + successful back-test = transformation into a support line. - DEVELOPMENT of the individual ZONES and their relevant resistance properties. PS: + I have once taken the liberty to draw a possible "course", so you can see how it could run. + Many of the indicators described are not visible in the chart, so that a clear view remains. -> Feel free to discuss it in the comments and share our perspectives, I'd be "burning" to hear your take on the whole thing. If this idea and explanation has added value to you, I would be very happy to receive a review of it. Thank you and happy trading! For anyone who would still enjoy the other HTF and want to hide all the "noise" - following the weekly and monthly chart.
Long
by ZielIstDieAutarkie
5/25: Market Recap, Outlook, and Trading PlanSPDR S&P 500 FUTURES ESM2023 & SPY ETF - Market Update - 5/25/23 Today's Recap This week has been a mirror image of last week, with the ES building a smaller triangle and breaking down, triggering a nearly 100-point sell. Although this seems dramatic, similar dips have occurred in the past month and have been bought. The question now is whether this dip will also be bought. Debt Ceiling Crisis The current market environment is complex and headline-driven, with the debt ceiling debate making the next few days of trading potentially difficult. Traders need to be flexible and prepared to react to price movements, rather than trying to predict or forecast the market. Bond Yield Rates Bond yields have been fluctuating due to the uncertainty surrounding the debt ceiling crisis. This has led to increased volatility in the market, making it more challenging for traders to navigate. Key Structures The latest rally of this bull leg started because we broke out a triangle structure shown in blue below. It is currently at 4123-4116 and represents an important back-test, which we managed to defend. The yellow rising channel connecting the May lows. This broke down yesterday. As always, when price breaks down any sort of significant level that level needs to be recovered in order to “end” the immediate move (down). Currently, this is 4165-75 and I would say a “bottom is in” when that is recovered. While this is very far away - note the lowest white trendline. This connects the October low with the March low and is currently 3980. I consider this the driving trendline controlling the multi-month bull market we are currently in. We remain in a clear uptrend by every definable measure. The Flat Bottom You can see the flat bottom pattern failed to hold and triggered the sell-off at 4190. The Yellow Uptrend Channel The yellow uptrend channel, which connects the May lows, broke down yesterday. In order to end the immediate move down, the level of 4165-75 needs to be recovered. Supports and resistances are listed, and I discuss potential bids and trade scenarios for both bull and bear cases. In summary, 4195-4220 is chop, and there is a heavy headline risk due to the debt ceiling. Bulls control above the structure Bears control below the structure The back-test level is now 4140-42. Support Levels The bull case would look something like yesterday lows continue holding, and from there we push up the levels to 4147, 4156, then 4166-75 where ES can try another sell. 4123, 4116 (major), 4100-05 (major), 4087, 4075 (major), 4061, 4053 (major), 4040, 4020-25 (major), 4013, 4000 (major), 3977-83 (major). Resistance Levels Starts on the failure of yesterday’s low. Ideally, one more bounce attempt at 4116-23 before trying a short. After this bounce though, consider a short 4115 or so for a move to 4100-05 where gains should be locked in. 4135 (major), 4147, 4157, 4166 (major), 4175 (major), 4191-95 (major), 4204 (major), 4212, 4221 (major), 4235, 4242-45 (major), 4253, 4259, 4270-75 (major). Trading Plan If buying big red candles, these are “knife catch trades”. Size them down. 4123-4116 is major support still, one could bid it direct again or wait for a decisive failed breakdown. In terms of spots to try knife catches, 4100-05 and 4075 would be possible regions. Wrap Up In conclusion, the market is currently in a complex and headline-driven environment due to the debt ceiling crisis. Traders need to be flexible and prepared to react to price movements, rather than trying to predict or forecast the market. Keep an eye on key structures, support and resistance levels, and have a solid trading plan in place to navigate the market successfully. Disclosure: This is not financial advice and is for informational purposes only. Please consult a professional financial advisor before making any investment decisions.
CME_MINI:ES1!
by spytradingpro