BNBUST | Short H4 | Market Exec |Technical Confluences for Trade:
- Stochastics are in Overbought Conditions on H4 time-frame
- Price action is close to a Resistance Trendline & a Consolidation are
- Price action may reverse back towards the previous Demand Zone
Suggested Trade:
Entry @ Area of Interest 560 - 570
SL @ 580.66
TP 1 @ 552 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 535.15
Risk-to-Reward @ Approx. 2.18 (Depending on Entry Level)
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Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks.
Any websites / brokers / applications suggested here are also provided as informational purpose only.
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Supplyandemandzones
EURCHF | Short H1 | Market Exec | Taking a Safe Haven TradeTechnical Confluences for Trade:
- Stochastics are in Overbought Conditions on H4 & D1 time-frame
- Price action is at a Consolidation/Supply area
- Price action may reverse towards the lower Consolidation/Demand area
Suggested Trade:
Entry @ Area of Interest 0.9815 -0.9835
SL @ 0.9879
TP 1 @ 0.9767 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 0.9707
Risk-to-Reward @ Approx. 2.00 (Depending on Entry Level)
________________________________
Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated!
If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies.
If you want something analyzed, do drop me a DM. :D
________________________________
Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks.
Any websites / brokers / applications suggested here are also provided as informational purpose only.
________________________________
#LINKUSDT: Bears to continue dominating| Crypto|SetupsFX_|Hey Traders,
With most of the crypto pairs, price is making correction on this crypto pair too. Expecting price to drop down to 7.00 region from bullish rebound may occur until then. Keep selling with accurate risk management. Good Luck and Trade Safe.
BTCUSD | MT Long H4 | Continuing The Run-Up?Pair: HTX:BTCUSDT
Timeframe: H4 - Medium Term (MT)
Direction: Long
Technical Confluences for Trade:
- Stochastics are in Oversold Conditions on D1 and H1 time-frames
- Price action may face resistances from being at the bottom of a parallel channel, there is a support trendline going through and there is a demand zone area as shown with the horizontal trendline
- Price is close to 32.8% Fib retracement Level
- Targeting to trade this position between the Supply-Demand zones as shown with the Horizontal Trendlines
Fundamental Confluences for Trade:
- Market stabilization from geopolitcal risks and US's strong economic data is happening and may bring back risk appetite
- Fiscal dominance concern on the USD may see people try to buy BTC as a store of value (IMO, still not a store of value but as long as the market feels so, I'll go with it first)
- Further war escalation from the Israel-Iran tension may bring on risk-off moves and see the BTC fall
Suggested Trade:
Entry @ Area of Interest 61,500 - 63,500
SL @ 59,843
TP 1 @ 62,648 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 68,838
Risk-to-Reward @ Approx. 2.20 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and am not responsible for any losses derived from it.
XAUUSD SCENARIOHi guys, I'm back with fresh analysis on gold.
if you haven't check my last analysis please do, price moved up from 2281 level for more than 700 pips. which was amazing.
Major institutions are still long on gold(based on COT data) and is still making new highs, so buying on demand levels is sensible.
First level is 2330 which is a broken resistance now acting as support also around level 2328 there is a tiny demand level, beneath that 2318 and last but not least 2308- 2302.
once price reaches these levels you could take long trades with confirmation on lower time frame.
And for those who want to take short trades 2346-2350 would be our supply zone but be really careful with shorts since fundamentals are bullish.
* As always add your intuition and logic into this and do consider risk management.
*Be honorable
BTC LONG OR SELLHi Guys,
In this analysis I've covered BTC. As you can witness on the chart there is an immediate supply zone which is our current short term resistance against price movement. Taking a short trade at that level needs confirmation.
And if price moves down there is also an demand level for buyers to enter.
As always make sure you stick to your risk management rules and enter trades with your own logic.
Be honorable
XAUUSD BUY AND SELLHi guys,
I'm back with another gold analysis, as you can see gold is pretty much bullish. which makes buying on demand levels sensible. area 2200-2198 is our first demand level which could be tested today. currently market is trying to break above the ATH. one scenario is breaking above the resistance and then pulling back in which then we would look for demands to buy. other scenario is a huge drop from these levels to demand levels.
Also In order to go short we have to check lower time frame for entry, but because of the news we have to be patient.
*Today's news will severely impact this analysis
*add your own logic and intuition into this analysis
Be honorable
The Big Short on GOLD4 hour and 1 hour charts are in a downtrend
15 min supply zone hit
Momentum is down on the 1 hour chart
Our trading system is pointing out the best entries and exits.
We get all of this information to our phones in the form of a text.
Take the trade, set your risk and let the market do the rest.
If this looks like a system that you would like to trade then please feel free to check out the link in my profile.
Naukri: Breakout from Key Trend Line - Short Opportunity?Hello Traders,
Critical Zone Breakout from Supply Zone Indicates Potential Downside Momentum,
We have A Supply Zone, And We Breaked a Trend Line So, There is A Potential Move Downside.
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US30 BEARISH IDEAWe had 2 successful prediction for this index previously.
Technical always remains bearish and could be to target more demand liquidity.
Price did reach all time high, so we could definitely be expecting a correction.
Weekly candle just broke previous low --> this could mean a long term bearish view.
And considering the fundamental facts, I believe price could target any supply zone before it keeps dropping.
This is just an idea and might be subject to change !
KEEP FOLLOWING FOR MORE UPDTADES!!