Supplyandemandzones
Litecoin Has A Battle Ahead!! Lets Go LTC!There's always a few ways things can play out but I'm thinking something like this.
Bullish move to the upside breaking through the POC. There's a lot of resistance right above around $75. If Flipped we have another Major level, the Monthly and POC at $83 &$84 after that is flipped I would expect $105 to $$115.
Keep in mind we can dump to $62 first to test the untapped weekly.
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40% Increase on the horizonLets keep it simple. We flipped the VAH into support and continue to build value above, next area to test is the VAL above 40% higher. A nice pump is incoming and keep in mind, if the crypto market is bullish so is Robinhood.
Stay focused.
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XRP 16% PUMP To Next Resistance.XRP has broken out of a downtrend which started in March. We manage to close a weekly and daily candle above the POC.
There's a daily level we have failed to close above, over the past 3 days.
Flip that level into support and I would target $0.62 next 16%
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20% Incoming?!? It looks like it!If we manage to hold this level, there's no doubt in my mind that the next target will be the daily level above which is around 20% away.
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Trade idea - EURNZD Long4H
Market was moving in Bull Flag formation.
3rd touch of trend line was aligning perfectly with the -68 Fibonacci.
Missed the early entry on this trade.
New opportunity now to get involved.
Bullish impulse: indication .
Pattern within pattern: confirmation.
Inverse Head & Shoulders, Bullish M.
Clear support & resistance zone is there.
1% risk
Nas100 Bullish Trade Idea Technical Analysis: NAS100
The market appears to be in a bullish reversal setup after finding support and potentially moving towards our supply zone.
If the price breaks above the equilibrium zone: It is likely to head towards the resistance levels marked by the Fib retracement levels.
If the price fails to break the equilibrium zone: It may retest to the 50% line on the fib at 19,655.8 before resuming the upward trend.
Opportunity to sell USDJPY on TF M15I see a reversal opportunity for USDJPY trading, the price enters the supply zone, it is hoped that the price will drop through the white space as a profit zone, with a target demand zone of m15.
Use stoploss above the supply zone. Good luck
notes. All risks are not our responsibility.
Will EURUSD Drop Again ?I see EURUSD in the 1.08172-1.07836 area, there is a base area (DBD), as a supply area for UERUSD, and there is an EMA 200, with the trend formed by EURUSD being a downtrend, based on the above it is very realistic to determine a SELL plan in the Supply area with SL above the supply zone and TP 2R is very possible to achieve.
Hopefully I'm right and luck comes my way.
Note: this idea is not a recommendation for making your trading decisions. All losses and profits are not our responsibility. Happy Trading keep safe.
CLEAR AS DAY! ADAWe can look at the chart and see exactly what level needs to be claimed for me to consider this project bullish!
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
Trade idea - GBPCAD Long4H
Bullish impulse / break of last LH: indication .
Inverse Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
Corrective approach towards entry zone.
More clear from a 1H perspective. -68 Fibonacci completion also aligning with entry zone.
= Buy limit.
1% risk.
GBPUSD WEEKLY OUTLOOKThe Bears has shown some significant strength in the market last week .. thereby causes an overall structure to be bearish.. i will be looking for the bears to continue on the downwards move if i get a retracement at around 1.27500.. but before that i will be looking to for a shorterm long position with a confirmed entry to the awaited zone. FX:GBPUSD