Supplyandemandzones
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
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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!!
NZDUSD Short after a short bullish moveOverall the trend should be our friend. NZDUSD is in big bearish trend and after a sharply down movement it is time for a tiny correction. There is a bullish diviregence on the RSI 1H time frame, which may be is going to happen. Once the correction is done and the price hit supply zone it is good idea to look for a enter after candlestick confirmation or bearish diviregence on some of the oscillators.
EURUSD SHORT SET UP FOR 02/22/2024 UK SESSION EURUSD has switched to bullish structure on the 4 hour chart, price is looking to test and break preavious extreme high which have not been tested in several days indicating that there are sellers willing to protect this level, I will be looking to short once the market has made a clear lower high and a lower low on the 5 min time frame, I am also looking for signs of liquidity around the highs before opening a position.
Sideways Setup on GoldHere is a classic set it and forget it trade for any sideways market.
Just remember to take a small risk and only trade this strategy in a sideways market.
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Chris Juliano
TrendCloud Trading
Xauusd buy & sellHello Friends, I'm back with another gold analysis.
Market is trapped between level 30 and 24 and is oscillating in 70 pips range. Above 30 we have level 37 then above it 47, in case market were to go down demand levels would be 16-12 and level 2008.
*Note that level 37 was tested yesterday and it would be second time being tested if price gets there.
Today's news will give energy to the market for next move so as always do your own assessment and analysis before taking any trades
*Be honorable
Pin rejections on demand zone |EURUSD potential riseEURUSD took out sell side liquidity (1.08445) and also buy side liquidity (1.09162) thus creates a demand zone (1.08396 - 1.08396) respected with two pin rejection without liquidating.
however i expect price to rise to 1.09332 as far as the demand zone remains in control.
XAUUSD|Trading positions in multi-time framesHello guys, I hope you are doing well. We have the gold chart in 1 hour time frame:
For gold, if you remember, we had an bullish order block area, which moved up well upon reaching this area, and it has also started to move up in the return to the candlestick that was formed in one hour and the demand area was formed.
The point that is important in the one-hour timeframe is the level (2030), which is a resistance on the way of gold.
But if we have a close candle above this level, we can hope for its upward trend until the next supply area, which is around (2038-2041).
In the time frame of 15 minutes, we have the refined area of that one-hour supply area, which we can enter selling positions when the price reaches this area.
In the 4-hour time frame, we had a support, and when we reached it, we moved upwards. As long as it is maintained, gold can achieve higher targets, but if this area is broken down, the numbers that can be expected are the supply areas (2005 -2008) and the next area (1990-1995).
w1 Demand zone | GBPJPY Short-term pull back (risky)GBPJPY is at demand zone(nested daily in weekly demand zone) there is a possibility for a short-term pull back, since GBPJPY is at extreme holding long is risky.
upon confirmation on the demand zone the possible target is 185.805 - 185.038 supply zone.
W1 and w2 zone are the two demand zone in control.
W1 and w2 zone are the last two imbalances remaining for a potential long term sell if eliminated since GBPJPY is at extreme.