Tag: supply

Revisiting supply after a long time. Selling NZDCAD

Price is slightly uptrending, on higher timeframe D1 it is a downtrend. The supply zone looks very solid, strong departure, took out previous demand zones and is fresh (this is the first retrace). Because H4 and D1 trends are not aligned, I just go for a quick move before confirming the trendline.


Selling downtrend supply on CADCHF

This might not be the best supply zone, but because of the clear downtrend, I expect price to go further, where my target is placed.


USDJPY at daily supply, Limit Order triggered

The trend seems to be stable, the drop off from the marked suppy was very strong. Although I do not like the slow arrival, I risked some to enter this trade. (more…)

GBPAUD sold at daily supply

Priced turned at monthly demand zone and rallied retraced back to the area where the imbalance started. Because of the steep arrival I decided to place a limit order, which was triggered. (more…)

USDCHF at Supply, I Am Selling

Another trading opportunity I took, this time on USDCHF H4 chart. The supply zone was creating after breaking a strong resistance at 0.9665 and 0.9570, where it retraced because of the rally-base-rally demand, which I did not took, because I did not like the little pause before demand and the fact, that price established a new downtrend on the H4 timeframe. (more…)

Shorted EURUSD at H4 Supply in Sideways Market

This supply on the EURUSD H4 chart looks pretty decent, the arrival into the drop-base-drop supply zone was good enough to place a limit order at 1.1280 with a stop loss at 1.1340. The target is the support line, which is only a few pips above daily demand zone. (more…)

Selling USDJPY at H4 Supply, potential 3R profit

I found this opportunity on the USDJPY H4 timeframe. After the huge fall this market is now in a consolidation phase, whose range is about 300 pips. The marked supply zone is 50 pips wide, the next probable target at 50% of the engulfing bullish bar. This is where i will be looking to exit. (more…)