Potential long play, places limit order, take a look at my (SET). Good R to reward, Saver play would be to target the 4-H demand zone, but higher chance of not getting filled.
Marked the demand zone on the EUR AUD, it's both on the weekly and daily, and entry will be based on the daily candle, preferred version. Before price reaches area, make sure to check fundamentals once again :)
Identified a nice potential bull trap above the GLOBEX High. A nice high quality supply zone, ready to trap long break-out traders. Thoughts on this level?
Thoughts on this one? Just Learned about COT reports and forward testing it now. Idea, Bet against long retailers by shorting supply zone on EURUSD. Entry at supply zone (SZ) with SL just outside of SZ and TP at next demand zone
Next week there is a nice opportunity on an identified demand zone on the US100. Due to bullish market Structure, We aim for long positions on demand zones as these are higher probabilities plays than shorts. The demand zone area is the last bearish candle (without upper wick), marked on the 1HR time frame and will be the key area of interest.
Thoughts on this potential Long play from a bounce of a identified demand zone @ the price level of 1.109? TP and SL also included in the set-up. Does Market structure make sense for this play? that's the only thing I'm a bit uncertain about. I used the Top-down approach, looking at 1W>1D>4H>1H>15M>5M.
Would like to hear your thoughts about it!
Thoughts of this potential trade? I think we have a potential Long from a demand zone followed by a short from a reinforced supply zone... Would love to hear thoughts on this potential play.
BTCUSD, hit long-term support, Statistically seen it most likely will bounce, however I suppose due to my sentimental market analysis, it will be rejected around 37400 to look for LTS again at around 29300 (as had happened before, check the blue box of 2021). From there on out, I can see some sustainable growth. What are your thoughts guys? BTW indicators look...
