Supply Zone
GBPAUD I Previous break of resistance and return to structureWelcome back! Let me know your thoughts in the comments!
** GBPAUD 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!
CHFJPY - Wait For The Bears ↘️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on H4: Left Chart
As per my last analysis (attached on the chart), CHFJPY rejected our 158.5 support and traded higher.
Now CHFJPY is sitting around a strong supply zone so we will be looking for sell setups on lower timeframes.
on M30: Right Chart
CHFJPY is forming a potential double top pattern but it is not ready to go yet.
For the bears to take over, we need a momentum candle close below the gray neckline.
Meanwhile, until the sell is activated, CHFJPY would be overall bullish and can still trade higher.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Sol-nited we stand, Sol-vided we bounce Solana has been undergoing a phase of profit taking causing price to retreat toward this support, after the run up this year.
The run so far, for those who bought the absolute bottom at $8, amounts to a 297% gain, over the past 7 months.
I am watching to see how this support zone holds up and keeping in mind the cloud is forecasting a steep sell off.
Price Action often touches the cloud during a kumo twist. ☁️ 🪢
As always, trade safe!
BTC - Memenalysis ContinuedI could tell you about volume, and shelves, lines, support/resistance, distribution, candle patterns, and
You get it. You don't want that.
I know what you want.
Keep it simple
Exhibit 1 - Look at that s#$t!
Exhibit 2 - Pretty sus' bruv
Exhibit 3 - Lmao tf is happening?
Exhibit 4 - You already know what to do
🧠
US 30 SHORT IDEA Tempted to go short at current market price as it is in a supply zone BUT the understanding of premium and discount ranges prohibits me from doing so ..Looks like market is inducing early sellers before going to the supply zone that i indicated in the setup. Patience is key on this one .Tell me what you think in the comments. Thanks
USDJPY - BEARISH MOVE📉Hello Traders!
On The Daily Time Frame, The USDJPY Reached a Strong Resistance Level📈
The Price Failed to Create new Higher High !
So, I Expect a Bearish Move📉
i'm waiting for a retest...
-----------
TARGET: 139.010🎯
___________
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
CAD/CHF WAITING FOR SHORT TRADEOn CAD/CHF, we have a bearish setup: there's a trendline supporting the price decline. The price at the level of 0.6540 has broken the low of July 21st, and what I expect is a retest of the break, and if there are operational confirmations, one could consider opening a short position. Personally, I don't have a strategic operation in this exchange. What I see is a truly strong Swiss franc in the last month, with a weak Canadian dollar, which is further amplified by a weak US dollar. This morning, the price broke another demand zone, supporting a bearish view. Tonight, we have the Fed rates, so keep an eye out for potential volatility. Let me know what you think. Happy trading to everyone from Nicola, the CEO of Forex48 Trading Academy.
USD/JPY SHORT SETUP H1 BEFORE FED RATESOn USD/JPY, we have a bearish setup with a trendline holding from the level 141.90. Currently, the price is at 140.70, where it could break the previous minimum before a re-test. If the re-test is confirmed properly, it could give us a clear signal for a short trade with a target at 139.90. Let me know what you think. Happy trading to everyone from Nicola, the CEO of Forex48 Trading Academy.
GBPUSD SHORT H1#1 The supply zone high that led to the BOS.
#2 Possible area for a liquidity sweep.
#3 We are now in the premium of the range.
#4 Targeting 5:1
My previous trade on the M15 did not playout you can see why here -
If we break this strong swing high then my bearish stance will shift.
It won't shift if I only see a liquidity grab on the break of the supply.
TOMOUSDTTOMOUSDT started to get some bullish momentum and reached at important area of value where it is getting rejection from long term bearish trendline and local bullish channel. will these factors put pressure and put tomo to downside ?
📉🛢️ Crude Oil Technical Analysis: Bearish Setup in Focus 📈🐻🚨 Oil traders, exciting times ahead! A compelling bearish opportunity has emerged in the 4-hour timeframe. The price of Crude Oil has recently encountered a crucial supply zone, where a strong rejection was formed.
Adding to the bearish outlook, the RSI indicator reveals a bearish divergence, supporting our thesis for a downside move.
As traders, you have two strategic options to approach this setup:
1️⃣ Enter a short position right from the supply zone, utilizing the proven supply zone strategy to capitalize on the rejection and potential decline in price.
2️⃣ Exercise patience and wait for a breakdown of the trendline, which will provide additional confirmation to the bearish scenario before initiating your short position.
For both approaches, the first take profit level awaits at approximately 73.50, and our ultimate target stands at 71. This is a significant level where a large pool of orders is anticipated, making it an attractive target for taking profit.
Feel free to share your toughts in the comments section, follow me for updates and don't forget to press the like button if this insight was helpful !🚀
BTC ANALYSIS 21/7/23BYBIT:BTCUSDT.P
Hey guys just a quick update on BTC... it's boring yes. that's why I'm staying patient and just risking 1% here and there so not trading much at all at the moment. So obviously you can see we are hanging at a bearish type of order block and the chart overall does look quite bearish for the time being or 'in consolidation' or as I like to call it, the patience zone! this is a time for your best performance with being patient. Instead of a technical analysis update today I just want to make this about what you could be doing instead of sitting there starring at the charts all day and all night.
- Make this time a perfect opportunity to study your craft.
- Practice things like meditation
- Fitness is key, switch your mindset and focus on what you are eating and take control of a physical goal.
Just these simple things will harden your armor, use time wisely.
Thanks guys.