It dipped below, but back at the weekly demand now.
EURAUD Journal
- Thread starter Lee-Bax
- Start date
I definitely have these demand and supply areas marked in certain ways on my charts. They are so helpful showing whats happening on the LTFs
Supply and demand is one of the best ways to trade mate for sure
Really is, like its where the macro view comes in and where large institutions place orders in the millions..them zones have to be respected
I think bitcoin will support at 30k and go sideways in a descending channels possibly for a couple of months before resuming to the upside for a new slow athThe market's are open again for another week. My video for this week is out on my YouTube channel. Head over and take a watch, like and subscribe if you haven't already, thanks
to be fair this is what seems to be happening. It cant decide where it wants to go
Good morning all, hope everyone is having a good weekend. Markets open again tonight so having a little look at some possible setups. It has been a while since we have taken a trade on EURAUD , since that last big killer trade. A buy trade at the demand just below price here looks like a nicer little setup possible forming over the next couple of days. Price is now trading back above the moving average in what looks to be a bullish trend starting. We visited supply and look to be dropping back. If price gets top the demand, then we can look to take a buy and hopefully break the supply zone on the next try, and fill the imbalances above from that previous big drop, that's the first target, second would be the supply zone above. Keep watch over the next couple of days and be ready, hope you all have a good week, GLIYF
