NZDUSD NEXT MOVEConsidering that the price reaches the demand area, we expect it to react after reaching our target area.
Demandandsupplyzones
GBPUSD NEXT MOVEConsidering that the price reaches the demand area, we expect it to react after reaching our target area.
NASDAQ PRICE IS GOING TO DROPPrice is going to crap some liquidity while closing the imbalances for sufficient price distribution and providing a chance for buyers to close their loss cheaper and sell their buys.
GBPUSD-Weekly Market Analysis-Sep22,Wk2Aggressive Counter-Trend Traders, you might have an opportunity to engage GBPUSD on a buying opportunity.
Why is that an aggressive move?
That's because there is no structure or support looking left.
At the minimum, wait for a 3-bar reversal before engaging in the trade. Your first potential profit taking level will be at 1.1576.
DEMAND SUPPLY STRATEGY As we can see price is making correction and creating a Pull back, just wait for Price to react our zone for Short swing.
Trade safely my Friends and let me know your views on this in Comments.
ETH/USD - outlookOUR SHORT TERM OUTLOOK ON ETH/USD (DAILY, 4 HOUR, 1 HOUR - analysis)
- i used white path lines to represent our thoughts on incoming days
- due to past/incoming news we will most likely take direction to downwards
- price reached 4h demand zone (1445-1474) after Friday speech
- we have broken support at 1552 which could be retested & price would continue to drop to our next 4h DZ (1356-1395) where it could react , if not we are going to see ETH to test lows at 1318
- if price continues to rebound & fill gaps (imbalance) upwards price will face strong daily DZ (1653-1722) and also 1H DZ sitting below at 1624 area
- we have sitting liquidity above daily DZ, which could be taken by simple LQ grab or by breaking those equal highs, than we could potentially see price pushing towards 1821-1883 area where we will see what happens
FEEL FREE TO COMMENT & DISCUSS
LB
LAZYPIPS
Price actionAs currently price is moving sideways lets wait for Breakout of the Structure.
Trade Safely guys and let me know your views on this in Comments, Jai Hind Jai Shree Krishna .
GBPJPY LONG!!Inducement is fond below. Price could fill the area, touch the demand zone and collect the liquidity found on 162.790.
I'm going long (131pips)
RSR 140% pump!?$RSR is approaching a strong resistance zone around $0.0095.
The two zones to watch for the upcoming 140% rally are the greens (entry points)
I think before or after the relief rally RSR will return to the purple area.
AAPL ShortSupply Zone
Earning: 7/28/2022 Est. 1.16
Short 157
Stop 160
Target 138
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
EURCAD NEXT MOVEAs you can see, we have a demand area.
We expect the price to react by reaching the 1.31825 area.
EURNZD NEXT MOVEAs you can see, we have a demand area. to which the price has reacted and we expect it to continue its downward trend
EURCAD Growth to Resistance 150+ PipsWelcome back! Let me know your thoughts in the comments!
**EURCAD - 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!
Brian & Kenya Horton, BK Forex Academy
Demand and supply Demand and Supply strategy looking safe as there is heavy sell off in Downtrend rally. Lets wait for conformation.
Trade safely my friends and let me know your views on this in comments.
Will nifty able to sustain its upmove ??Nifty as making Higher High & Higher low but as we see on larger time frame selling pressure is still there. There are two possibilities whether nifty breakes it's supply zone then on retracement its a good BUY and in second possibility nifty will not be able to handle selling pressure and fall in that case we wear the HAT of SELLER. Here keep in mind that nothing gets changed till yet. Month of July & August is earning season so be stock specific. I have made position in Bergerpaint this Friday in Future August series.
USDCAD: Weak Demand 🚨When price gets delivered to a demand zone in a compression format, It usually means a liquidity grab is coming.
Price could either fall through the demand zone aggressively OR gives buyers an initial lure before dying off as illustrated.
Either way, this is a great pair to watch today!
Let me know what you think in the comment section 💬
Matic what the trick in the pump?Matic surge caused after Polygon was selected to participate in Disney’s accelerator program.
What’s the trick?
If MATIC rejected at $0.75 or in the worst case at $1.08 -due to too many short orders-, the probabilities of breaking the $0.38-0.29 demand zone are highly increased.
Under these conditions, next support is $0.04 or lower; a 94% fall from the current price.
For a wise investor its better to buy the $1.08 bullish retest than the current price $0.75.
ETHUSDT wants the demand zone?We are locking more than 19% since my first idea. At the moment the price lost the support and retest it as new resistance on 0.5 Fibonacci level.
The price could have a new bearish impulse and breakout
How to approach?
IF the price is going to lose the support and retest it as new resistance, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
GBPUSD Don't BUY too Soon! STRONG Rise Coming.Welcome back! Here's an analysis of this pair!
**GBPUSD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
MATICUSDT wants the demand zoneMatic lost the 4h support after the breakout from the ascending triangle and now the price is going to retest a big demand zone on 0.3$
How to approach it?
the price could get new liquidity in order to create a new bearish impulse until the demand zone. According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
NZDCAD I Update I Strong BUY Coming!Welcome back! Here's an analysis of this pair!
**NZDCAD - 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!
Brian & Kenya Horton, BK Forex Academy
AUDJPY BULLS IN CONTROL AS RATES RAISEDThe Reserve Bank of Australia (RBA) has adopted a hawkish stance on interest rates.
The RBA raised its OCR by 50 basis points to 0.85 percent, above the 25 basis point rise predicted.
In April, the Australian economy added only 4k jobs, compared to the 30k predicted. As a result, market participants saw a 25 basis point rate increase as merely tightening monetary policy.
Meanwhile, the Bank of Japan's (BOJ) ultra-easy monetary policy will continue to haunt the yen bulls.
BOJ Kuroda's intervention fails despite the fact that the pair is overbought.
Haruhiko Kuroda, Governor of the Bank of Japan (BOJ), interjected verbally, stating that the large yen depreciation in a short period of time is detrimental to the Japanese economy.
