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!
Supplyandemandzones
$ETH Short 4R TradeOpened a ETH short here.
4hr protected high supply zone got tapped into... overall structure is bearish so expectation is for this high not to get broken.
Decently strong rejection from the 4hr supply.
I took a risk entry but feel free to wait for CHOCH on 15M on close below on range drawn out and ride down to TPs.
4R trade.
Taking profits aggressively..
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$ETH Short idea 11R$ETH Short idea...
11R trade with tight stops, im looking for ETH to follow my plan shown.
4hr is still bearish so looking for a LH to form then to target lows.
Looking for a sweep of liquidity into my limit order risk entry fill then for a quick bounce to the downside from my supply zone.
Will be taking profits aggrresively.
11R Trade setup.
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$BTC 4.5R Short Trade IdeaLooking to short $BTC in the area shown on the chart..
4hr and 1D orderflow is still very bearish, so looking for BTC to form at LH at our point and ride it down into 4HR swing lows creating that BOS.
4hr, 1HR supply zone shown on chart.
4.5R trade...
Will be taking profits aggresively.
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ZYDUSLIFE - Bullish ReversalNSE:ZYDUSLIFE was trading in a downtrend from July 2021 to May 2022 until it stopped making lower lows. It traded in sideways (accumulation phase) for past 3 months and finally broke out of sideways price action recently. Let's take a deep dive to understand the trading opportunity in ZYDUSLIFE.
Multi timeframe analysis -
Weekly TF(Higher timeframe) -
Below chart shows the price structure change from LH-LL to HH-HL in weekly TF. We are also getting additional trend change confirmation using a RSI technical indicator. RSI is showing bullish divergence.
Daily TF(Trading timeframe) -
We are able to see the similar price structure and bullish RSI Divergence in daily TF.
Zooming into sideways price actions, Presence of supply had been seen between 370 and 375. Price was rejected from this supply zone multiple times until it absorbed all the supply and did a breakout. There was a significant volume in the breakout candle which indicates the presence of demand (supply zone is now turned into demand zone). At present the price has retraced back to the breakout level (demand zone).
45 minutes TF(Lower timeframe) -
Looking into 45 minutes timeframe, We are seeing two bullish signs.
1) Price reversal from demand zone with a good volume
2) Bullish RSI Divergence
As per the above analysis, we may see a bullish reversal price action for short term. Once 400 price level is breached, the next supply zone is around 450.
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$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.