Natural Gas prices have been dropping over the past four months due to progress on renewable energy and hot weather being among the drivers. However, market could become tighter this year, with slower supply growth and an acceleration in demand, while key US drillers have slashed their 2024 outlook. Further Middle East hostilities after the Iranian hit on Israel,...
Understanding supply and demand is essential. Here’s a quick intro to how we can benefit as traders by using AMEX:SPY as an example. 1. Identifying Potential Entry and Exit Points: Supply zones represent areas where selling pressure exceeds buying pressure, potentially causing price to reverse. Demand zones, on the other hand, indicate areas where buying...
Gold made an obvious 2 pin rejection on Demand zone(BUY ZONE) indicating sellers weakness hence gold will rise to 1921.03 or 1921.03.
Bitcoin on weekly supply zone resistance, after rejecting from it the first time, obviously bitcoin is at the zone the second time, seeing the momentum weekly candle, Bitcoin might retrace 50% of the momentum candle. the possibility for bitcoin to take out the weekly supply zone(sell zone) is 50% compare to possibility for Bitcoin to retrace 50% of the momentum...
Price is ranging between a sell zone and buy zone but looking at higher time frame been bearish, there is likelihood for a buy zone break out, if the buy zone is taking out USDCHF will push more to the down side
my entry was based of a rejection on support & a bullish engulfing candle. supply & demand within the zones. just got out of a SELL & now we're taking it back up. CLOCKWORK :)
I am still very bullish for most of the cyptos, BITCOIN, SHIBA and Now RIPPLE, I t has been dropping for almost whole the year, The investors were taking their profits, the late buyer have already bleed out...Now it is reacting to a very powerful potential level of imbalance and it is already showing shift of volume kind of structure which means it is more likely...
We are in Flip weekly , may reverse or just a little pullback and continue bearish / confirmation entry on LTF Educationnal purpuse only
The trend started from jun 2022 still continuing with the bullish price action in Weekly TF. Although Its visible that price soon enters into supply zone and also generated Bearish Cypher Harmonic Pattern with level of .786 at price 60.70. Levels are already mentioned in to the chart. Any rejection on upper side leads price to 50- 52. so do accordingly. If...
The bull run of NSE:MARUTI has reached at the same levels where it was rejected earlier in Jan 2018. The same we can get using bearish harmonic shark pattern with level of .887 at the price of 9400 in weekly TF. So we can calculate Supply zone in-between the range of 9400- 9700. There will be higher chance of correction from here. BUY : Buying opportunity...
Due to Ukraine-Russian war, CAPITALCOM:OIL_BRENT price was sharply accelerated But from Jun 2022 , price was making lower lows after unable to close the high and defeated. So how far it can go, for that we need to understand price action in higher time frame. Weekly TF (higher Timeframe) : After Pandemic deep , Price clearly making higher- highs and also...
The daily timeframe hasa Reluctance play to the upside thus a bearish bias... The H4 follows and prints a Weak hand pattern plus a reluctance play as well... The zone marked blue and red is my POI and I applied my entry model (the DM_FX entry model) and got an entry... I'm B.E right now... Looking for price to get to the 163.0 area.
Based on the current market for USDCAD, I am looking at whether I should look for short or long entires. If the 4H trend remains bearish I will look for sells to target a zone of daily demand below, however, if 4H structure flips bullish then I will look for long entries to target weak 4H highs and beyond. *This is not Financial Advice, only for educational purposes!*
I just had pending order for Sell limit on AUDCHF, Price touched the zone, rejected and looking to make HL'S , now its running 20P, DMX are mostly going Long, my stop loss is 38P and target 170P 1:4RR Zone to Zone...
-See chart for Analysis -Price inside support/demand area, look for buys with confirmation (1hr)
cadchf is still moving in a downtrend, therefore taking a short position is the best way. find the best position in my opinion the best cell position is in the 0.726-0.727 area and takeprofit is in the resistance area or the blue line that I have drawn on the chart above
I've been eyeing $PYPL for a while now and I think this week will make or break it. Although we found support right above the demand zone at 179, I believe we may have a kiss more downside left in the tank. I want to see us get to the demand zone before scaling in a position. If we see 175 and bounce, I'm a buyer. That being said, I will swap to puts if we break...
By "The Motley Fool"! I will be talking about PayPal NASDAQ:PYPL and why it might actually be a great stock to pick up during this recent market crash. While being down 40% from its all-time highs, PayPal's business is doing extremely well. You can find the video below, but here are some highlights. 1. Last quarter, the company reported revenue of $6.18...