-Watching on lower timeframes for buying opportunities. -We have price reacting off of demand/support but we just need to see evidence of buyers coming in... -need to see LTF trend lines break/opposing zones removed + quality zones created.
Anytime price is low on the range I like looking for buying opportunities with confirmation on lower timeframes.
Higher Timeframe (right chart): - Price reacting off of weekly/monthly demand so I want to look for buying opportunities with confirmation. -Trend = down so any longs will be counter-trend and trade management/take profits will be adjusted. -Price reacting off of the bottom of the downward channel range so price is in a potential area for longs. Lower Timeframe...
-Daily Trend = Downtrend. -Price has pulled back into Daily Supply. -USD was the strongest currency of 2021. -Bullish USD Long Term -Waiting for lower timeframe confirmation (15min/30min/1hr upward trend lines break + Opposing Zones Removed)
-Price inside weekly/monthly demand so longs are valid. -Price is currently reacting off of 4hr supply so short-term sells are valid with smaller risk. -If price removes the current 4hr supply then we will have a nice 4hr DBR (drop base rally) demand pattern to buy a pullback for a swing trade.
-When trading a sideways market, I simply buy low, sell high with confirmation. -Some of my best trade setups occur in a sideways market. -If price has respected a high or low 4x times then why not play the probability game and say "the previous 4x times price has came high on the range the sellers have taken control so next time I will play the probability game...
-Price inside weekly/daily demand so its inside a good area for longs. -Buying the strongest 2021 Currency (USD). -Evidence of strong buyers by breaking downward trend lines/ removing opposing pivot point zones/ and a quality drop base rally pattern where the buyers stepped in below. -Waiting for pullback.
- Price low on the Sideways range/demand -Price bouncing off of downward ML. -Waiting for evidence of buyers on smaller timeframes
-Price has shown evidence of buyers by breaking downward trend lines, removing opposing pivot point zones, quality DBR created. -Strong imbalance of buyers stepped in so I'm looking at them potentially stepping in again.
-Resistance -Downtrend with price reacting off of daily DBD supply. -PRice reacting off of 1x downward ML. - need confirmation but price has a good HTF story.
-Price sitting inside weekly DBD supply zone that has been held 7x times. -Price showed evidence of sellers by breaking upward trend lines + removing opposing zones -Waiting for pullback into daily RBD (rally base drop).
-Price Reacting off of monthly supply + trend is in a sideways market. -Buyers took control by removing opposing supply zones + breaking downward trend line. -Quality DBR demand created down below inside the HTF monthly demand.
-Trend = Uptrend -Price inside daily demand -Price reacting off of 200MA -Looking for buys or if you like long term gold/silver then it's a good time to buy.
-Price broke out of 1 year range. - Looking for long positions if price pulls back into the RBR demand using it as support/ breakout restest zone. -Confirmation on LTF
See picture for analysis. Feel free to add your own comment below and I will get back to you =)
EURUSD Weekly Analysis using the supply and demand methodology -Money going into Metals/USD pairs. -Trend = downtrend so any longs will be counter-trend playing the correction move. -Trend trading will be any shorts but waiting for a correction.
-Price broke downward sideways range and left behind a daily DBD supply zone. -Some traders tried buying the bottom of the range, some traders sold the breakout, and some will traders will look at selling the breakout retest, some are trading support and resistance, and some will waiting for confirmation inside the area of the breakout retest.
Trading the supply and demand methodology. We have price inside daily RBR demand that broke downward trend line and we have price reacting off of daily RBR demand. I went down to a LTF (lower timeframe) and notice evidence of buyers stepping in. Quality DBR demand that broke downward trend line and removed supply.....Thoughts?