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Demand Zone

USDJPY EURUSD AUDUSD GBPUSD Markup No trade for me todayIt's FOMC Day today. Im in Asia. I wont be getting into any trades until tomorrow asia time after the FOMC result. Just a few thoughts. 75bps is pretty much priced in the market, so i think if its only 75bps plus a dovish message along with it I think market well have a breather and see DXY correcting. Anything higher than 75bps is gonna be wild.. Goodluck trading out there. here are some markups USDJPY eurusd audusd www.tradingview.com gbpusd 1w trading below quarterly level looks over extended very bearish 4h no sign of reversal. Prev candlw was a bullish one but current seems bearish . Stay away
by Junmadayag
3
Bitcoin support/resistance levels and zones in daily timeframeBitcoin is in a decisional zone and as show in the chart, the main supply and demand zones in daily timeframe are 17600 as support and 24260 as resistance . these zones are accompanies with a " Price Inefficiency " or as you might have heard " Fair Value Gap ". please refer to the ideas chart to check the zones. basically waiting for each of these zones to be broken and to be accompanied with a pullback to that zone is the most logical strategy at the time being. the zone which is broken can also work as a stoploss in case of an entry. for the sake of listing a possible strategy: wait for the any of the above mentioned zones to be broken with a candle body not a shadow. wait for the pullback for entry. set a stop loss on top of the broken zone in case of a short position or on the bottom of the broken zone in case of a long position. calculate you position volume based on the stop loss and your risk tolerance. having a clear strategy and patience is the key to the game.
by Thinkologist