Price recently spiked from this area, possibly leaving a great deal of unfilled orders in the market. I now believe USDCHF is coming back down to retest parity.
AUD/JPY is one of those currency pairs that can chop around for periods of time, then one day switches on the momentum. And I suspect the market has tipped its hand to a downside move with yesterday’s bearish candle. A resistance zone formed in April between 94.24 - 95.75 in April, where breaks above it have ultimately failed and the resistance zone gets...
Hello traders. My short on GBPJPY is the above. I beleieve they push the price higher towards 173 + area and finally they will close their huge orders allowing the price to breath and create a big sell, heading at least at the drawn support area. So, sell limits inside the grey area. Weak bullish price action can give us cheaper prices to sell. Instead, if the...
As we see market were bullish and there was many BOS to the upside But market just shifted to the downside with good momentum Price came to test the last supply zone and reacted from this area Will wait for the bearish movement to be confirmed and go short Feel free to comment with ur thoughts! Peace
As we can see there are multiple BOS to the downside Price respected previous supply zones and showed strength in down move Liquidity has been taken from early sellers and retail traders that sell from EQH I will wait for LTF confirmations to enter from this supply area
hello traders Today, the Fed meeting and negative expectations, raising 75 points or more, will give the dollar strength At the expense of all markets This corresponds to the technical analysis of US100
hello traders Today, the Fed meeting and negative expectations, raising 75 points or more, will give the dollar strength At the expense of all markets This corresponds to the technical analysis of US30
hello traders The avax at the swing point is expected to witness a slight rise to test the supply area The price crash begins to break the bottom
Quick BTC update ahead of this evening's FOMC (Interest Rate decision) my perspective still remains the same on Risk assets since my previous multi timeframe updates - i have linked them below for further reference. On the 4H TF we can identify price has formed equal highs and started to consolidate in the form of a bullish wedge. Above the EQL highs is an area of...
Supply and Demand Supply and Demand is one of the core strategies used in trading. It focuses on the ancient laws of supply and demand and how price moves in a free-flowing market. The foundation of this strategy is that the amount of an instrument that is available and the desire of buyers for it, drive the price. It identifies zones on the chart where demand...
Confluences include ; 15M bearish trend + Recent pullback to a defined supply zone.
Hello friends. i saw a big and bad shape marobuzu candle. did you see it? we back under MA55 and after a pullback to it (22100 level) i think we should preapre to breakdown 20500 level and go toward 19000 again. please control your Risks. Protect from capital is the first step for any trader and investor. be patience... we dont have good economic conditions. and...
Hello traders, Gold price fell more than 2% last week. The declining gold price trend stems from the stronger US dollar and increased prospects that the Federal Reserve will continue it’s sharp rate hikes to tame inflation. We consider selling xauusd after retracement higher and a price action signal, near $1675 supply zone targeting $1650 and $1630. Based on...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on WEEKLY: Left Chart GBPCHF is approaching a supply zone in green so we will be looking for sell setups. Knowing that GBPCHF can still trade higher inside the zone before going down. That's why we don't sell blindly, we always zoom in to lower timeframes and wait for the...
According to the price reaction to the specified areas, we expect the price to move in the specified direction.
Considering the supply area that has been identified, we expect the trend to react after hitting this area.
Considering the supply area that has been identified, we expect the trend to react after hitting this area.
When price breaks above, buy limit When price breaks below, sell limit