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Supplydemandanalytics

ETHUSDT wants to retest the supply zoneThe price got a rejection from the supply zone as I told you in the previous analysis. On the weekly timeframe, the price created a nice candle below the weekly structure and now the market is testing the 0.382 Fibonacci retracement. On 4h timeframe, the price is testing the previous resistance as new support on 2800$ For a bullish scenario, the price needs to flip the 3k resistance with volume and confirmations, retest the supply zone as new resistance. In the short term, we could see a new retest of the weekly area. –––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Long
by InkyGrip
10
JICPT| ARK seeking to go up with supply zone ahead to conquer! Hello everyone. After tumbling approximately 70% from the high created Feb. of last year, now the chart of ARK started to get my attention. On the daily, the red downtrend line looks to be violated. The nearest supply zone is $68 to $72, which it has to be conquered to establish momentum to the upside. So, I'm neutral until the zone being penetrated through. Price is likely to go sideways with the bottom boundary around $52 to $55 . I will pay close attention to zone if it revisit and retest the zone.
AMEX:ARKK
by JICPT
SUPPLY vs DEMAND 📉📉📉✅1) Use longer time frames to identify supply and demand zones By zooming out, traders are able to get a better view of areas where price had bounced off previously. Be sure to use the appropriate charts when altering the between multiple time frames. Draw a rectangular shape to denote this zone. Demand and supply zones do not necessarily have to appear together - often currency pairs can reveal one or the other. ✅ 2) Identify strong moves off the potential demand/supply zone Certain price levels offer value to either bullish or bearish traders. Once institutional traders and big banks see this value, they will look to capitalize on it. As a result, price action tends to accelerate relatively quickly until the value has diminished or has been fully realized. Witnessing multiple instances of this at the same price level increases the probability that it is an area of value and therefore, a supply or demand zone. ✅ 3) Use indicators for confirmation of support and demand zones Traders can incorporate daily or weekly pivot points to identify or confirm supply or demand zones. At DailyFX, we have a dedicated page showing relevant support and resistance levels for all major markets. Traders should look for support and resistance levels to line up with demand and supply zones for higher probability trades. 🏦 Often, a currency pair will climb to an area of resistance called a ‘selling zone’, where sellers perceive there to be great selling potential at a relatively overbought price. The reverse is also true for currency pairs that drop to relatively low levels, ‘demand zone’ where buyers perceive there to be great value to buy. If you haven’t learned the basics of the supply and demand, or would like a refresher, read our guide on the forces of supply and demand. 🏦 Supply and demand zones are observable areas on a chart where price has approached many times in the past. Unlike lines of support and resistance, these resemble zones more closely than precise lines. Traders can customize charts to identify the demand and supply zones Do you use this concept ? 🔥
BINANCE:BTCUSDEducation
by AnonimFXRO
6B Short Idea at 1.3510I have an alert set for when 6B comes into that 4 Hr Supply. A few more basing candles than I would like before the drop but it was a strong enough move to add to the watchlist. It also comes into a weekly LVN right above that Supply Level. One thing I will say is because that high was so weak, almost 7, 4 hour candles with almost the same high, I believe there is a chance we punch through and repair that weak high before we get the rotation, therefore my stop will be a little wider than usual, and I'll be trading less contract. Im gonna be front running the weekly LVN by a tick, cause I also think there is a chance we reject strongly off of the LVN and often times it will start rejecting a tick early. My stop is going above the anchored VWAP (off the recent High on the 13th) which also is where the 100 EMA on the Daily falls as well. As always this is not Financial Advice, I am just sharing the trades I plan on taking for a few reasons, one to log my trades, 2) some accountability and documentation, and hopefully these Ideas help somebody to find some trades of their own. I would Love to see anybody elses Idea links in the comments. Happy Trading Everybody. Good Luck this week
CME:6B1!Short
by Trend_Chasin
LVN & 4 Hr Supply at .709006A is coming into a weekly LVN at .70500 but if it breaks through this level ad pushes to the next weekly LVN, I like that trade better because it has 4 Hr Supply confluence. Keep it on the Watchlist. As always this is not Financial Advice, I am just sharing the trades I plan on taking for a few reasons, one to log my trades, 2) some accountability and documentation, and hopefully these Ideas help somebody to find some trades of their own. I would Love to see anybody elses Idea links in the comments. Happy Trading Everybody. Good Luck this week
CME:6A1!Short
by Trend_Chasin
Potential breakout structure in the NAS100Good afternoon! Judging from where we've come from, beliefs are that price could continue a surge to the upside following either today's NYO or tomorrow's. Should price break out of the supply (then turned demand) zone of approximately 15440.00, we could see the NAS delivery another cracking move (similar again to the one seen on Monday of this week) to approximately 15662.00. If that is to be the case, a window of opportunity could present itself in the form of a breakout trigger at arond the 15550.00 level or close to at least. However, should price retest the 15m 200EMA and continue trading through the liquidity zone based at approximately 15290.00, it would ultimately invalidate this bias and we could potentially see a deeper corrective back down to approximately 15160.00. Lets see what happens.
OANDA:NAS100USD
by TheTradingRoom