Supplydemandanalytics
GOLD speculation, what to expect!Making a top down analysis from higher TF, starting from weekly, looking at the ascending trend line, gold is in uptrend, after weeks of correction that broke the trend line into the strong demand zone, moving to daily TF and seeing a reversal candle stick star pattern on the strong demand zone it could be the end of the corrective move.
on 4H TF price is in range between two opposing zone , if the supply is out as in 1937.63 loll there will be a possible rise to next supply zone as in 1967.72 level.
BTCUSDT local bullish until the supply?
The price is testing the resistance on the 4h timeframe and now the market is trying to create a new higher high
How to approach it?
IF the price is going to have a breakout, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
TRXUSDT is testing the supply zone
The price is testing the 0.786 Fibonacci level, it's a key level for the market.
On the weekly timeframe, the price lost the support on 0.083$
On the daily timeframe, the price had a breakout from the daily resistance of 0.072 $ and retested as new support.
On the 4h timeframe, the price needs to create a breakout from the supply zone above the 0.085 and retest as new support.
How to approach it?
IF the price is going to have a breakout and retest the previous resistance as new support, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
NZDUSD Long Trade Plan✅ Potential long opportunity if we see price respect the bullish structure, preferably price remain trading above 0.69 major level.
❌ Long bias invalidated when price trading below 0.6870 level.
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Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together .
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Thank you for your support
USDCAD Long Trade plan✅ Potential long opportunity if we see price respect the bullish structure, preferably price remain trading above 1.25 major level.
❌ Long bias invalidated when price trading below 1.2450 level.
_________________________________________________________________________________________________________________________________________
Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together .
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Thank you for your support
AUDNZD - 5 MIN REACP Quasimodo level??Daily trend is down price came up and triggered my alert early on the 17th to go short, didn't see any clear rejection. Price sold off eventually and came down and cleared the daily gap, retraced then showed very clear direction toward the end of the trading session. After what appeared to be a stop hunt of the initial alert retest, price seems to be showing signs of going lower. Already took some profit at QM level - Stop to BE.