Buy setup due to a break of structure, with the higher time frame supply as the main target.
Analysis: My analysis indicates a bearish sentiment, especially after a strong move up. Now, we expect the price to come back down. The 1-hour timeframe (1H) reveals the head and shoulders pattern. For a precise entry, the 5-minute timeframe (5M) should be used to identify the sniper entry point.
My analysis indicates a bearish sentiment, especially after a strong move up. Now, we expect the price to come back down. The 1-hour timeframe (1H) reveals the head and shoulders pattern. For a precise entry, the 5-minute timeframe (5M) should be used to identify the sniper entry point.
XAUUSD Sell Weekly: Head & Shoulders pattern identified, indicating a potential bearish reversal. Key levels suggest selling opportunities as the pattern completes
I know the overall move is a sell, which we are waiting on, but right now there is a potential buy setup I am waiting for. I'm keeping an eye on this chance for a short-term buy before the overall downward trend continues.
Initially set up for a buy in gold, I was stopped out, but now I'm eyeing a sell opportunity within the supply area. I'm patiently awaiting the price to hit my sell limit. For risk management, I plan to set my stop loss significantly above the recent high at 2452, aiming for a safer trade. Ideally, the stop loss should be at 2452, but I opted for a smaller stop...
In my analysis of the US30, I've identified two strong signals. First, the harmonic pitchfork has completed its cycle to the D point, suggesting a potential sell-off. Second, by analyzing supply and demand dynamics, I've gained clarity on market direction with a higher probability outlook. While every trade carries risk, these insights encourage me to consider...
Not super confident on this once since i don't trade harmonics anymore but i did see this one forming the D point retracement which is usually the distribution and move we want to capitalize on. Gain the overall move on the higher TF is to sell on the daily Head and shoulders pattern. but i do see this harmonic pattern forming on the 1 Hour.
Again using supply and demand I was able to find an area of supply for a pull back. Retail traders do not use this method but i promise this is the right way to trade. You cant win them all but you can def find high probability set ups with little to no draw down.
I had this set up with supply and demand also triggering off the 786 fib. Good RR
Here is a buy set up using supply and demand and a fib for the re entry
EU sell set up good area of resistance/supply only looking for 20 pips
I see a small head and shoulders which leaves me to believe that price might drop to the next demand area. i am setting a buy limit at 1.08344
Eye balling this one. Second account grown to 15% this one will be doing 10% then will be ready for the real deal. Broke down this play with supply and demand.
I been eating off this right shoulder from a head and shoulders pattern. Can you spot the smaller head and shoulders on the 15 minute Time frame? Notice how the right shoulder formed Its currently making a retracement to the yellow line that has a high probability due to the bearish market the double head and shoulders pattern the one on the higher time frame...
I got into a second postion using sup and dem Follow for more
EURUSD is currently bearish as an excess supply of euros in the market surpasses demand, pushing the exchange rate lower against the US dollar, indicating a prevailing sentiment favoring dollar-denominated assets amidst economic conditions
While waiting for my Sell Limit to trigger I will risk a 1% buy to get to that position. Buy EU.