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.
Supplyandemandzones
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.
Please like and follow to get more ideas/tutorials like this, I'd also love to know what you think about my idea😃.
EURUSD a Long trade is available! Right now price is perfectly over of it's Median of recent 120 hour which is a sign of a bullish trend. Also Higher Highs and Higher Lows are formed.
A momentum is also visible.
8th of July was a scene of a really high volume reversing candles which they final were broken in Monday of the next week!
At 13th of July Bulls attempt to break the level was unsuccessful.
Today at 6 A.M and 7 A.M of UTC, Buyers broke the level successfully! coming back to the price in recent days might be a chance for entering a trade!
SL here is just a suggestion regarding the market volatility! I prefer to enter after a confirmation on lower time frames such as 5m chart but it's totally personal!
I'll change the value of the SL regarding the entry point but not the amount of SL.
TP is slightly below the VP.
Both SL and TP may change forward but I'll not change the SL after the trade activated.
I look forward to your comments.
How To Analyze Any Chart From Scratch - Episode 6Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on USDCAD, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous episodes below "Related Ideas"
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
#ES Futures 06.08.22 Daily Overview with Levels to WatchYday I was short biased and thought we will have enough supply to flush Key Support at 4084.50-4077.25 but I did mention that if we do no break support and reach next level down then we can see a rotation back to 4103.25-4099.75 and 4123.75-4119.25, because of the short bias I did not think we will get back to Key Resistance at 4143.75-4137.50 and extend to next level up but I have been telling myself that we are in this 4170-4070 range since last week and will be that way until we see clear moves out with continuation. So far we are tightening up the range/coiling up looks like for next move out, we are getting lower highs and higher lows with tighter ranges since 27th which tells me we are just spending time cleaning up still and filling orders. Today we have our inventory long above our Key Resistance of 4143.75-4137.50 but also short from yesterdays close. Tricky spot here, we can see another day of tighter range if we do it should be between 4157 area below our 4168-4162.25 level and around our 4103.75-4099.75 area maybe 4090ish. Of course we watch level by level for order flow at those levels to see if we have enough to break and keep going or not so have to keep all possibilities open. On the upside holding above 4143.75-4137.50 can give us 4168-4162.25 that is our T+2 high and if we break it and extend then can see more buy ins and upper levels are 4191-4185.50 and next Key Resistance at 4020-4214.75 but T+2 high is important reference that must break in order to see continuation up. On the downside if we get under 4143.75-4137.50 then we can see 4123.75-4119.25 and 4103.25-4099.75 which is also our T+2 Low area that we will need to see break in order to get a chance at Key Support of 4084.50-4077.25 and lower levels, with T+2 High and T+2 Low being at the very spots we think that we might stall and tighten is another reason I think we might have a smaller range day again and tighten up more. Of any of those references break with volume then its a good sign for continuation because we have a week worth of inventory built up already, but might not happen until Thursday/Friday as we said we don't have any market moving events till then. Days like last few weeks its very important to not over trade and manage expectations in the trade.
Bitcoin changes VPOC to possible accumulationIt is interesting how the Bitcoin $BTCUSDT has changed the VPOC of the volume profile that it covers from the value zone that previously served as distribution, it is one of the conditions that should be met to consider that it may be an accumulation that could put the price back in the value area marked in the box. We will have to be vigilant in the coming days.
For now, in analysis of Order Flow in past activity, a great activity of passive buyers has been noted, absorbing all the sales in visits to key levels, demonstrating the great dominance that the bulls have in the low zones of the great weekly range.
ETHEREUM (ETH/USD): medium-term growth pending? As it can be inferred from the graphical representation, the price is currently sitting on a massive zone of support that nicely aligns with the lower boundary of the formed wedge. Although our overall bias remains bearish for ETH/USD, we are expecting for a middle-term correctional move to happen before we can go short again. We are setting our initial target at the $2500 zone of previous support later turned resistance.
Happy trading, everyone!