EURUSD strong downtrend signalOANDA:EURUSD signals a potential short opportunity within two promising supply zones. With the emergence of reversal setups, considering a short position is viable.
Supply Zone
BEAMX BREAK START VOLUMEThank you for reading this update.
Depending on our study we see that BEAMX has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
BEAMX is a new coin.
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AMD Reached to a good buying zone as shown on the chart NASDAQ:AMD reached to a fair price to enter right now and I think it is going to reverse up soon ,so i am buying AMD now now at 108.9 and my target in mid term is 125 and the final target at 156 .
What do you think? Please, comment on what's you opinion
Bitcoin Liquidity Sweep, Bearish Momentum, and Critical SupportAn analysis of Bitcoin (BTC) indicates a liquidity sweep, bearish momentum, and highlights a critical support zone, providing insights for market participants.
Key Observations:
Liquidity Sweep: Bitcoin made a sweep of liquidity of the previous Higher High and range below the Resistance.
Sharp Down Move: Following the liquidity sweep, the price experienced a sharp down move, aligning with expectations.
Major Support Zone: BTC swiftly moved into the Major Support Zone of $40,800 - $42,000 and below it.
Bearish Momentum: The momentum is turning bearish, with the potential for a bearish Market Structure.
Critical Support Zone: Daily closing below $43,300 is highlighted as a critical level that could contribute to a bearish outlook.
Look At That Textbook Bull Pennant On The Bitcoin Daily ChartWould you just look at that beautiful, textbook bull pennant on the Bitcoin daily chart! You can't get much more textbook than that. What I am thinking based on this chart is that Bitcoin will make at least one more big rally this week up to that big supply zone between $47K-49K.
How this move happens has yet to be seen. We know that none of us have a crystal ball as much as we may think we do, and we need to take the data one candle at a time, but this is looking pretty bullish to me for the week.
Now, I fully expect Bitcoin to have a pretty major correction once we get to that supply zone. That bearish order block was formed at a pretty strong level so I fully expect for people to take profits in this area and looking for Bitcoin to make a correction, or at least some good consolidation so that we have a chance to repack our bags for the next moon shot.
We are still a few months off from the mining rewards being cut in half and anticipation is building. The ETF talk has got the markets all stirred up, so I am just taking it one day at a time.
Be safe out there in the crazy crypto markets! Nothing is set in stone and this is only my somewhat educated guess on what I see happening this week!
Trade Logically!
Only Safe to go Long? EUR/SEKDivergence in both, RSI and MACD
Possible reversal to target tje 0.5 zone of fibbonacci?
Short BAC idea.
Here is my thoughts on NYSE:BAC
I am watching for this to go down here in the near future. I will be looking for a rejection of this supply zone with the Heikin Ashi candlesticks. My Take-Profit is the first gap fill and my SL would be at the top of the supply zone. As you can see here, we also have the MACD slowing down the buying pressure. Thank you as always for reading my analysis.
BONK NEW BREAK VOLUMEThank you for reading this update.
Depending on our study we see that BONK has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
🚀 Unveiling Trade Opportunities: FACT Fertilizers & ChemicalsWe're diving into the charts of FACT Fertilizers and Chemicals to uncover potential trade setups.
Current Situation 📊:
LTF Analysis: Currently, FACT is nestled in the 75-min demand zone, specifically the Rally 2 Base Rally (R2BR) zone.
ITF Overview: The Intermediate Time Frame (ITF) shows a clear uptrend. The price is comfortably trading at the daily EMA20
HTF Insights: Zooming out to the Higher Time Frame (HTF), the weekly chart indicates a strong uptrend, and there's a clear path upside with no resistance in sight.
Enter at the 75-min current demand zone, Risk-to-Reward Ratio: Aim for a lucrative 1:3.
🌟Thank you for your support! Your likes & comments. If you want to give any feedback then you can give in the comment section🌟
Trade with confidence, and let your profits run like a river. Embrace the journey!
Disclaimer 🚨:
This analysis is for educational purposes only. We aren't SEBI registered analysts. Trade responsibly.
EUR/CAD ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽♂️
Overbought + Supply zone
🟠 EP 1.49437
🔴 SL 1.50724
🟢 TP1 1.48111 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 1.46692 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 1.45514 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
USD/ZAR ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽♂️
Demand zone + RSI Oversold
🟠 EP 18.89879
🔴 SL 18.98955
🟢 TP1 18.77636⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 18.68988⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 18.59142🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
LINK/USDT ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽♂️
RSI +Supply zone + double TOP
🟠 EP 15.804
🔴 SL 17.263
🟢 TP1 14.226 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 12.856⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 11.398 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
NZD/USD ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽♂️
Supply zone + RSI Overbought
🟠 EP 0.62064
🔴 SL 0.62211
🟢 TP1 0.61858 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 0.61674 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 0.61471 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
EURAUD I Short from resistance zoneWelcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
BTC/USDT Short Trade Setup ⬇️Hello Everyone 🙋🏽♂️
RSI +Supply zone
🟠 EP 41817.27
🔴 SL 42415.36
🟢 TP1 41089.66 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 40375.82 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 39553.73 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
XAU/USD ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽♂️
Supply zone + RSI Overbought
🟠 EP 2041
🔴 SL 2081
🟢 TP1 1999 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 1960 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 1920 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
the Gopher swimming in significant liquidity pool since 17 November the Gopher has been trading in a parallel bearish channel failing to trade/close above and above it, with the top and bottom trendline of the channel acting also as dynamic support and resistance.
price has found itself in weekly liquidity pool made of significant levels - (i) weekly supply of proximal price of 146.700 now acting as demand on smaller timeframes (ii) weekly demand CP of proximal price of 146.400.
i forecast higher USDJPY prices because price has found support on the bottom trendline of channel and is reacting to liquidity pool with the bottom price of the liquidity pool being demand level which is currently the significant level in control of price.
i have bullish targets to 4HR previous demand of proximal price @ 148.900.
put together by : Pako Phutietsile ( @currencynerd )
Short on X.Thank you as always for watching my analysis on NYSE:X
I hope you enjoy and I look forward to hearing from you in the comments.
The Concept of Supply / Demand TradingThe principle of supply and demand trading involves identifying a counter-trend candle that precedes a sequence of three consecutive candles exhibiting strong bullish or bearish momentum. This specific candle is designated as the supply or demand level. The underlying theory posits that when the price retraces to the region where demand previously triggered a robust price movement, it is likely to encounter renewed demand, consequently attracting a larger number of buyers, thereby sustaining the prevailing trend.
Rule 1: The aggressive price movement must consist of 2-3 (3 preferred) candles that demonstrate remarkable strength in their respective directions.
Rule 2: The candle retracing to the demand zone should close outside of the zone, accompanied by a wick that reflects considerable strength.
GFT-USDT NEW VOLUME INCREASEThank you for reading this update.
Depending on our study we see that GFT has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
DXY's Recent Shifts: Insights and ObservationsD ear Esteemed TradingView Community,
I'm sharing my recent analytical insights into the movements of the Dollar Index (DXY). Please note that the following reflections are not financial advice but rather a comprehensive analysis based on my observations.
This week, DXY experienced a notable descent, and my analysis, driven by AI natural language processing, suggests a correlation with global news developments. Strikingly, the influence of news events appears to have a more significant impact on price action than technical indicators. As DXY found its way down, it eventually landed in a support zone. While this decline signals a bearish sentiment, it's crucial to recognize that the current position also places DXY in a support zone. Historical data indicates that predictions originating from support zones tend to favor upward price trends. Although some indicators still hint at a potential bearish outcome, extending downwards to the underlying support zone around $101 (as indicated by the blue rectangle), this zone might also act as a reversal point. Notably, the current support level aligns with the Exponential Moving Average (EMA) of 200, adding a layer of significance to its potential impact.
In this scenario, careful observation becomes paramount. One can monitor whether the price breaks below EMA 200, potentially signaling a short position with a target at the underlying support zone. Conversely, a long idea could play out if the observed support level, coinciding with EMA 200, acts as a shield, propelling DXY upward. It's essential to exercise caution when contemplating short positions from the current level, given its classification as a support zone. The risk-reward ratio may not favor such a strategy at this juncture. Adding a layer of complexity to the analysis is DXY's correlation with the stock market. The potential for DXY to follow a bearish trajectory could be heightened by a flourishing stock market. Conversely, a bounce in DXY might indicate a retracement in the context of a thriving stock market.
In conclusion, the intricacies of DXY's current position warrant careful consideration. The interplay between support zones, technical indicators, and global events introduces a degree of uncertainty. As we navigate these waters, it's crucial to remain vigilant and adaptable in our approach to market analysis.
With regard and an understanding heart,
Ely
WHAT AFTER THE VOLUME INCREASE IOTAThank you for reading this update.
Depending on our study we see that IOTA has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
Since the last increase its important to see IOTA having a new confirmation.
If there is new trend ww follow with new update.
#Nottradingadvice
aussie forecast. on the daily chart price has been on a steady rally breaking previous bearish structure where i witness resistance levels now acting as support.
this upside movement is due to price finding demand around the 0.63700 to 0.62800 price areas with the most impactful price being demand at proximal price 0.63500 which is currently in control of price.
this increase in bull momentum resulted in price breaking and trading above liquidity pool ranging from 0.65300 to 0.65200, price retested this important market structure failing to close below it, with extra bullish confirmation of price breaking also and trading above dynamic resistance trendline forming several OHLO candlesticks indicating increasing bullish momentum and strong demand dominance in price.
i have a long bias on the currency pair all the way to next above crucial price level which is supply CP(imbalance continuation pattern) of proximal price 0.66300.
put together by : Pako Phutietsile ( @currencynerd )
