Get started

Supplyandemandzones

EURUSD either waysHello dear Traders. Looking at the eurusd for the next week, I am between two possible scenarios. Either the price action will continue the fresh trend by giving LL and LH respecting the descending trend line and will be a short opportunity after the break-retest of demand zone of 0.97638 searching for the yearly lows of EU. Or it will form a new structure consisted of HH - HL breaking the bearish trend line and coninuing according to the new one heading to the nearest strong supply zone. Waiting for your comments. Good Luck
by The_Forex_Path
USDJPY EURUSD AUDUSD GBPUSD Markup No trade for me todayIt's FOMC Day today. Im in Asia. I wont be getting into any trades until tomorrow asia time after the FOMC result. Just a few thoughts. 75bps is pretty much priced in the market, so i think if its only 75bps plus a dovish message along with it I think market well have a breather and see DXY correcting. Anything higher than 75bps is gonna be wild.. Goodluck trading out there. here are some markups USDJPY eurusd audusd www.tradingview.com gbpusd 1w trading below quarterly level looks over extended very bearish 4h no sign of reversal. Prev candlw was a bullish one but current seems bearish . Stay away
by Junmadayag
3
If 1680.500 continues to reject i'll be looking for shorts!Gold - Price sitting in a 4H range, If 1680.500 continues to reject i'll be looking for shorts, the Daily has failed 3 times to break this resistance level, maybe we see a Liquidity hunt of the highs today and a continuation down but lets see, price currently rejecting from 1671.000 zone, if price continues to fail to break this level i’ll look for short term buys towards the highs with confirmation. Let me know your gold thoughts!
OANDA:XAUUSD
by benalistarfx
XAG USD - Great levels to come - trade accordinglyImportant - review the XAU XAG below - the analysis is playing out nicely thus far since March 2022. G'day, Previous analysis attached below, please review these. Comments are always appreciated. Breakdown: 1. Note 2. Contents 3. Research breakdown 4. Education recap 5. Information on Lupa. A note before reading - this is a supply and demand imbalance analysis, where trades are taken from certain zones- based upon our trading strategy. This is tagged Neutral, however, as outline below - will be buying until the OL, offers a highly probable zones where a confirmed sell break and a confirmed sell from the Original level. Starting the supply and demand imbalance. Overall, where an imbalance is formed and sellers have completed the changing of hands due to purchasing further increments the exhaustive sellers. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. However, note, at current we are in a bearish (positional trade). Also note, sentiment changes as does entry points, stop losses and profit taking points. This chart is not dynamic once submitted so keep this in mind. Updates are dynamic however. Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink= Three, Four Day Orange = Daily White - Zone of interest - time frame dependent of above. 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. Monthly Silver and Gold has seen a large sell off from the imbalance created between $25-28 FL. The reason for this zone looking left showed a strong rejection monthly wick and a corrective phase over two subsequent months, allowing price to look for a pivot point tapping a weekly zone (use Fibonacci tool to align, using high $30.63 to bottom $23.96). FL level on the weekly will break To understand why this zone will break is for two reasons; Despite being a Fresh zone, the structure below has also been untested. Following the reactive departure height of the OL below between $12-15, has offered a high probability of rejection and using the zone as a base in the formation of a Drop base Drop. The imbalance here can allow lower time frame reactive buys from the level indicated using a weekly. However, the price action to this point has showed (looking at the structure left) of a poor price action and strong departure, meaning the sells have no obstacle when returning to the level formed. Using the rules of touches allows the buys to be placed. Rules applied here upon a second touch (as of 29th august start) shows a second tap of the weekly zone. Expect a lower low to be placed. Four day The four day chart has shown a clear picture of a squeeze pattern, however noting on the four day a falling wedge pattern has occurred, creating an interesting moment where price can break out from a deep reactive test - moving price back up towards $26 as a fresh level. However, do not trade until a confirmation rule applies. The high curve (downward trendline) has shown no probability of turning bullish - the reason is the Weekly and Monthly structure shows the pathway for the arrival destination heading towards the OL at the Monthly. Falling wedge - optional counter trade Only where a reactive departure is created and breakout forms. Daily Clear downward sell into the weekly FL, offering a deep corrective sell - note, price is now within the weekly zone and a DCA buy will now be a strong optional move as price is now considered "cheap" relative to Gold. Technicals, (scroll out) and look the structure left - price needs to move towards the weekly arrival point of $17.5 est - where price can pivot as here lies the price action zone which makes up the weekly departure move. Completing a head and shoulder pattern formation and will extend bearish into the desired move. 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 - compound where necessary. 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 MMXXII
TVC:SILVER
by LupaCapital
1
ZYDUSLIFE - Bullish ReversalNSE:ZYDUSLIFE was trading in a downtrend from July 2021 to May 2022 until it stopped making lower lows. It traded in sideways (accumulation phase) for past 3 months and finally broke out of sideways price action recently. Let's take a deep dive to understand the trading opportunity in ZYDUSLIFE. Multi timeframe analysis - Weekly TF(Higher timeframe) - Below chart shows the price structure change from LH-LL to HH-HL in weekly TF. We are also getting additional trend change confirmation using a RSI technical indicator. RSI is showing bullish divergence. Daily TF(Trading timeframe) - We are able to see the similar price structure and bullish RSI Divergence in daily TF. Zooming into sideways price actions, Presence of supply had been seen between 370 and 375. Price was rejected from this supply zone multiple times until it absorbed all the supply and did a breakout. There was a significant volume in the breakout candle which indicates the presence of demand (supply zone is now turned into demand zone). At present the price has retraced back to the breakout level (demand zone). 45 minutes TF(Lower timeframe) - Looking into 45 minutes timeframe, We are seeing two bullish signs. 1) Price reversal from demand zone with a good volume 2) Bullish RSI Divergence As per the above analysis, we may see a bullish reversal price action for short term. Once 400 price level is breached, the next supply zone is around 450. If you have a different opinion, please share your thoughts in the comment section. If you like my ideas, please show some appreciation with a like and follow me for more such trade ideas. Happy and safe trading! :)
NSE:ZYDUSLIFELong
by PriceActionTrader1
15