Supplydemandanalytics
EURUSD Supply & Demand Daytrading1st. EURUSD 4H we are in down trend /overall bias is bearish /
2nd. Expecting price to break from this channel /price got spiked and took significant amount of liquidity on last LH/
3rd. On 15M we got break of structure forming new LL and expecting price to retest that level and fill that void below.
4th. Entered with limit order at bottom level of supply area, target is swing low on 15M.
XAUUSD LONG UNTIL 1775
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#XAUUSD looking for short term long
Hello world
As we can see in chart we had an CHOCH and BOS in Daily timeframe which indicating us a Reversal was goingto occur yesterday took an stop out where market just tapped the 1728 level as an SR Flip and bounced from there
for today im expecting to had some Filp where supply and demand Flip and Bounce to another Breakout
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JICPT| USDCNH is likely to test 7.01Hello everyone. USDCNH has been moving sideways for the past 3 months until the weaker-than-expected July economic data released this week. In addition, the unexpected rate cut to MLF gave a boost to the pair.
The offshore Chinese currency fell sharply against the dollar by over 700 bps. Now, it pulled back from the previous high around 6.83.
Technically, the all my moving averages are heading to the upside, with a quick retest of my long key MA. That may indicate that previous high is likely to be penetrated. By the measure move method, the upper range after the breakout is 7.01. The weaker Renminbi can help China's export, offsetting the impact of sluggish domestic demand. Companies and consumers are reluctant to take on more debt amid fresh Covid flare-ups.
What do you think? Give me a like if you're with me.
JICPT| NQ touching nearest demand zone on the dailyHello everyone. NQ has been retreated from key fib level of around 13744 last Wednesday.
Now, it's approaching the nearest demand zone on the daily(12740-12930). That's a 210 points wide range, coincided with flip level.
I would like to see if the zone will the respected. If so, Previous high around 13744 would be the short-term target.
It'll be a volatile week as Fed chair Jerome Powell would comment on inflation at the Central bank's annual Jackson Hole economic symposium. Investors will digest what he says and bet on how much Fed will hike the interest rate. Would it be 75bps or 50bps?
What if the zone gets violated? 12150-12038 would be served as the second defense zone. What do you think? Give me a like if you're with me.
FTM rejected at strong resistanceThis time FTM is trying one more time to break $0.35 resistance, a really strong resistance.
Before that, FTM rejected at a strong support around $0.30.
To see a bullish continuation, I would like a valid breakout of $0.44
For longs, try to catch the retest of $0.35 as support.
Matic USDT LONGWe see a really great strong candles at the levels which is a sign of powerful buyers!
So if there are strong buyers they could keep the fort and after a rejection to the level we might face another big move.
Take confirmations in 15m chart and keep in mind the BTC movements. If BTC started a strong Bearish move cancel this trade.
AUDUSD - BUYHello traders, if the AUD price gets into the orange zone I will be looking for a buying opportunity! If you agree, like or follow or comment. As soon as we get to the green zone I will prepare to short but we have to be very careful as the bullish move was very aggressive before the end of the week.
I personally prefer setting up multiple TPs , here's an explanation:
1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns
2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE
3) 5-10 :1 means bonus money with rest of trade volume 25%
In this way, I ensure that my equity curve grows consistently without significant dips.
Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!
Wyckoff Logic Supply and Demand BTC TF-H4 technical analysis
Today on 16.07.2022, the price at which bitcoin is traded is 20605 USD. Approximately 4 weeks the price action is in a period of consolidation that is between the quotas;
* 21606 USD upper limit (supply zone)
&
* 17599 USD lower limit (demand zone)
We also have an elliott wave sequence with three impulsive waves and 2 completed berish corrective waves.
The initial cause was the redistribution consolidation area between the quotas with;
* 45843 USD upper limit (supply zone)
&
* USD 33100 lower limit (demand zone)
Conclusion
The general sentiment is predominantly depreciating.
But the consolidation area between the quotas
* 21606 USD upper limit (supply zone)
&
* 17599 USD lower limit (demand zone), plays a crucial role that can bring about a change in the direction of depreciation.
From the point of view of logical wyckoff analysis, on TF-H1 we are in a consolidation sequence after a depreciation trend with the formation of the cause that passed from phase A with the change of character from the down trend in a consolidation structure and transition to phase B of the campaign.
It remains to be seen whether this campaign is one of accumulation that will have an implication of appreciation or redistribution that will have an implication of depreciation of the Bitcoin asset.