$ETH Short idea 11R$ETH Short idea...
11R trade with tight stops, im looking for ETH to follow my plan shown.
4hr is still bearish so looking for a LH to form then to target lows.
Looking for a sweep of liquidity into my limit order risk entry fill then for a quick bounce to the downside from my supply zone.
Will be taking profits aggrresively.
11R Trade setup.
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Supplyandemandzones
$BTC 4.5R Short Trade IdeaLooking to short $BTC in the area shown on the chart..
4hr and 1D orderflow is still very bearish, so looking for BTC to form at LH at our point and ride it down into 4HR swing lows creating that BOS.
4hr, 1HR supply zone shown on chart.
4.5R trade...
Will be taking profits aggresively.
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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.
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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.
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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! :)
$BTC 3R Trade Idea$BTC is still ranging... with not much movement over the weekend its a regular occurance that we get a weekend scam pump.
Lokking on the 1hr and 15m charts, we can see the equal highs to the left, and with a recent LTF CHoCH on the 15m, i am expecting BTC to run into my supply zone and ultimately sweeping the equal highs to continue our overall downtrend on the HTF.
Will be taking profits aggresively.
3R trade.
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EURUSD Supply & Demand Daytrading1st. EURUSD 4H we are in down trend /overall bias is bearish /
2nd. Expecting price to break from this channel /price got spiked and took significant amount of liquidity on last LH/
3rd. On 15M we got break of structure forming new LL and expecting price to retest that level and fill that void below.
4th. Entered with limit order at bottom level of supply area, target is swing low on 15M.
CADJPY Potential Bullish Continuation!Hello Traders,
In Today's trading session we will be monitoring CADJPY for a Buying opportunity in and around 105.3 demand area. Once we get a Bullish confirmation the trade will be executed and shared with our premium subscribers.
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Support and Resistance, Supply and Demand Zones on CSC-HARSINew update to the CSC-HARSI for 2022.
Open your style tab you will see a couple new features called "Bull Range and Bear Range"
Use these two settings to find your support and resistance levels on your chart.
When you see a BULL RANGE indication show up, place a horizontal line at the CLOSE of your candle.
When you see a BEAR RANGE indication show up, place a horizontal line at the CLOSE of the candle.
Commonly I set about 6 lines on my chart at a time around current pricing (3 above and 3 below)
This will allow you to better see previous, current, and any new support and resistance levels which are used by large institutaions as
ORDER BLOCKS
RANGES
SUPPLY AND DEMANS ZONES.
EURUSD | Interested AreaEURUSD in a down channel.
I expect that the price will be touch 1.04000 or D areas (fresh supply zone and resistance trendline). But the question is, where will the price start from?
Here are some interesting areas that I have marked.
A = 0.99894 - 1.00092
B = 1.01192 - 1.01434
C = 1.02359 - 1.02788
Where is the trap on $BNB chart for bullish continuation?After 3 months, #BNB is fighting again the crucial resistance at $330.
An attempt to break this resistance now will not succeed.
Why?
Cause there is a very strong resistance around $380.
We need a period of consolidation for a few days or weeks below this level before a breakout attempt takes place.
AUDJPY analysisI have already analyzed the AUDJPY pair. I am looking forward to go short when I get an entry confirmation from the supply zone as soon as the london session opens.
I am only looking for shorts when price breaks in again into my supply zone.
The purple line indicates my take profit zone.
$BROS Good example of resistance and supply price actionAfter plunging below 25 Bros has made a nice run up to 42 with a high of 44.8
But notice the wick of today's candle, as price entered the over head supply (as evidenced by the volume profile) sellers overwhelmed the buyers and the stock closed 2$ down.
IF YOU'RE A SCALPER OR DAY TRADER , THIS IS THE TYPE OF SETUP TO LOOK FOR A QUICK SHORT - Initial price tests of heavy supply
Swing traders may want to see how price reacts now - further downside or continuous tests of the supply zone. Note, every time price reaches above and tests supply , the resistance becomes weaker.
$38.5 should hold as some support now, and price may bounce around here before testing the highs again
Technical Analysis Vocabulary!!!BINANCE:CRVUSDTPERP
Hello guys these are some of the trading terms/concepts I apply when trading;
1. BOS : Break of Structure - when price continues to break previous structure and at the same time continues the current trend. A line drawn from recent structure to the current breakout denotes the BOS.
2. CHoCH : Change of Character - when price changes its trend. A line drawn from the last high (for downtrends) or low (for uptrends) of the previous trend all the way to current price action identifies the CHoCH.
3. Liquidity : The buildup of stop orders residing on a trendline of equal highs, lows, trends, or wicks. This is money that can be taken out.
4. Bullish Order Block/Supply Zone : An area of the market where price fell from - highlighting the last bullish candle before the drop in price.
5. Bearish Order Block/Demand Zone : An area of the market where price rose from - highlighting the last bearish candle before the rise in price.
6. Consolidation : An area of the market where prices were oscillating in a corridor - highlighting indecisiveness in the market for that period of time.
- Joel.
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