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Supplyandemandzones

BluetonaFX - GBPUSD Looking For New DirectionHi Traders! There is a potential rising wedge here on the GBPUSD chart; however, the market has been trading sideways for the past couple of days. Depending on its next direction, the market will either break the supply or demand zones. That being said, there is a bearish bias here due to the lack of upside momentum after the big price rejection spikes we had that led to the double bottom pattern. The upside reversal move failed to break the supply zone just below the 1.28000 area due to a lack of new buyers in the market. The bears look like they have control here, so we are looking for confirmation of this, which is a break below the support line of the rising wedge and then a potential break of the demand zone at the 1.26900 area. Please do not forget to like, comment, and follow, as your support greatly helps. Thank you for your support. BluetonaFX
by BluetonaFX
10
H4 demand in playThis is a continuation of my first post, please go read if you haven't. Price is inside daily demand, provided a reaction and then came back deeper to the H4 level that I had marked. Today the M15 internal structure changed and it's now bullish, suggesting that the pb is over and price is ready to move higher. The first target is the most recent H4 high and then it's necessary to reevaluate the situation, because the way I see it, price is in a crucial moment. If it breaks lower from today's low, there's still the M15 at the very bottom, which is the last level before the break of H4 structure. If that happens, it's suggesting that price wants to mitigate a lower level on the daily and then it's valid to consider shorts.
Long
by CirculoForex
EURUSD: Long trade activeThe daily has been in a range for the last 9 days but there has been some amazing trading opportunities. However, the H1 is currently doing battle between a supply and demand level and feel the outcome of this will determine where the market moves next. Im not fully bullish on this move until we break that strong swing high. My stops are at breakeven. Here is my entry on the M5: Please be aware that there is high-impact CPI news today so be careful out there.
Long
by ORDERFLO
BEL - 240 MIN TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support.... Tradelikemee Academy
NSE:BELShort
by Tradelikemee
GBPUSD SHORT H1/M51. H1-SZ has been mitigated, the zone was too large and way out of my risk parameters to take. So I'm looking for an entry on the M5 if the pullback is strong enough. Looks like there is a lot of moment so it may not get filled. 2. We are now into the premium of the range on the H1 so this would be an ideal place for shorts 3. Always targeting the weak low for my swings. If the swing low/high is below my hard TP which is 5:1 i won't take the trade. What could go wrong? -We are currently in the discount range on the daily so the market could potentially push to the upside creating new daily demand without mitigating any daily demand below.
Short
by ORDERFLO
GBPUSD SHORT ACTIVE: M15I'm trying to keep my trading as simple as possible and just constantly keeping an eye on OF. 1. This was my POI this morning on the M15 for limit short as this is the zone that led to the previous BOS. (cs x1) 2. We have CH which pushed into the SZ you can also see the same thing happening with my previous trade. 3. The market also moved into the premium. (cs x2) 4. In plan to take 80% of my trade at the weak low. 5. Im going to let the trade run to see if it heads towards my H1 DZ. ------------------------------------- Daily perspective: 1. This daily DZ has my H1-DZ nested within it, could be a powerful move however it has been mitigated so there could be a short-term reaction and then a further push down. 2. This daily DZ has also been mitigated. 3. I think this daily DZ would be a prime choice to push the market back to the upside because there is buy-side liquidity here, not only that it pushes just out of discount prices and would break a strong swing low which led to the previous BOS.
Short
by ORDERFLO
GBPUSD SHORT: H1 / M15This trade happened during the Asian session on the H1. There was no chance to capitalise on this on the H1 chart. It would seem we have now turned bearish with H1-OF. I waited for an M15-CH to put me back in line with the current bearish OF. 1. H1 OF is bearish 2. H1 has moved into fresh supply which led to a H1-BOS 3. We have moved into the premium of the range What could flip this? 1. The pullback is not finished 2. If a pullback broke the H1 high id have to re-think my bearish stance. 3. We also have some fresh unmitigated demand zones on the M15
Short
by ORDERFLO