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Supply and Demand

USDCAD SHORT TERM BULLISH CORRECTIONGenerally, the US Dollar is losing ground against major currencies. The decline is stemming from pending tariffs equilibrium and looming Fed rate cuts. On the USDCAD daily chart, the US Dollar is poised to decline further to the unmitigated zone. Once this demand zone is contacted we are likely to clearer price action direction on whether to buy or sell further. Our bias is a short term bullish market correction outlook once the unmitigated zone is contacted.
Long
by morrisgitau
NFPUSDT Bottoming Out for a Major Reversal?After completing a 5-wave bearish cycle within a descending broadening wedge, NFP is now trading within a key re-accumulation zone, suggesting a potential macro reversal is forming. The price recently rejected from the $0.1133 resistance and may continue consolidating before initiating a bullish leg towards the re-accumulation zone. A confirmed breakout above the trendline structure at $0.1853 could kickstart a multi-phase rally with long-term targets above $1.50. Patience is key as we monitor this unfolding structure.
Long
by weslad
USDT Dominance Update (4H)First of all, as you know, the market has been going through complex corrections lately, and the scenarios are not very clear. So make sure to trade with proper risk management and a defined stop-loss. It seems this index is preparing for a drop. It has tapped into the origin order block, and from here, it has the potential to move downward. The good thing about this setup is that the invalidation level is close. If a 4-hour candle closes above this level, the analysis will be invalidated. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
CRYPTOCAP:USDT.D
by behdark
3
June 5 SPX/ES Trade OpportunitiesThis is one of those rare times where ES time-traveled 36 hours and went exactly no where. A lot of people lost money yesterday trading this channel. We were the ones who won the day. And that’s what this is about. My job isn’t to trade because the market is open. It’s to trade a system. I’m thankful for days like yesterday. Why? Because, sometimes we need to be reminded why we have rules. Runners are active from 5860 and 5870. This is a big part of the picture here. When I look above, I we’re at the channel top and we major major negative divergence into the 6008 reclaim. Pushing through this without having some sort of pullback would be a major feat of the bulls. Our job is to stack odds and take Grade A+ opportuntities. Long time readers of ESDaily know the unhappiest bull comes after a move like yesterday as far as building new opportunities. Yes we can continue, but buying just the first level pullbacks here contains additional inherent risk. 📈1st Opportunity - LTB 5944 - 5935(D). At 8:30AM yesterday, this was the only consolidation of the day and you can see an explosive move from this area. If price retraces here, and the following conditions are met, we have a Grade A+ setup. A failed breakdown of 5956 would have to occur for us to enter into this trade. I want a fleet movement under 5956 and into the demand zone. If RSI is above 40 I will add to my runners and bid the zone direct. But, due to the 10 point range, I’ll be doing less than full size. One could wait for price to come into the level and do a confirmation trade, or you could take the 5956 FBD as price leaves the level. I will not be taking the 5956 failed breakdown unless we hit that demand. If I add at the demand zone, I may add more after 5957 is reclaimed. That’s not my focus though. 5944-5935 is. 📈2nd Opportunity - LTB 5924 - 5917. This is only to be taken if 5935 Demand is broken. And we would need to proceed with caution as 5944 is a key demand. We can look to add on a pullback into this 15 min RBR created from 5-6AM Tuesday June 3rd. This is the bottom of the formation that launched yesterday’s rally. An RSI that is above 40 when we re-enter into the level is required. If we bounce off 5944 weakly and rush into 5924, we’ll likely have divergence in place. If we’re below 40 but have divergence, I would look to do a confirmation trade. One where we come into 5924, show signs of stalling, reverse, and I’ll take it on the move out. 📈3rd Opportunity - FBD 5911. Tuesday’s low and a critical area for bulls to hold. Taking out yesterday’s low would evaporate the gains from yesterday. I’d be willing to look at this so long as price doesn’t breach 5898, accept it as a low, reverse, reclaim. Beneath that we run into a very bad area for bulls. Sunday and Monday “wickiness” and chop provides literally no demand zones. The opportunities beneath are spotty at best and have been used more than twice now. I will not be engaging in a long if we fall below 5898 today early in the session. Not until 5867 📈4th Opportunity - FBD - 5853 . A break of yesterday’s low after the rally we got will bring a lot of attention. It’s not fresh - the 5872-5867 (CRA). We used this same general area on Friday and the structure developed Monday overnight and retested Tuesday May 27th. But it’s something I’m going to look at. If we flush 5867 we’ll probably flush hard and look at Friday’s low the 5853. If we come down and form reversal, show acceptance above 5843 and reclaim, we can look to buy. This isn’t a wick down and buy as it rallies. This is a wick down, structure build (maybe just below/at the level) and second bottom with a higher low, and then a series of bullish candles. That’s a confirmed reclaim. 5843 would be near the low I’d like to see on a flush. If 5843 goes, there’s a lot of room underneath 📈5th Opportunity - 5998 LTB only after 6008 is reclaimed. I’d like to see price breakout above the 5998 intraday channel top, where we will likely see a flurry of buying into 6008. I will wait for price to make a new high (by a few points). Watch volume pick up as chasers chase a few points, and get caught. Volatility will spike as we turn, and we’ll get a quick movement back to the breakout point. T1 would be a few points below the new high. The stop will be dependent on the move back in, but not more than 1:1. The 1 hr negative divergence is clear. So I’ll be sizing down, adding a 30% position to my runners. This happens time and time again. If it happens again and ES doesn’t come back down, I want to be ready to add on a breakout. I won’t be buying in subpar zones beneath current price and I won’t be buying above when my risk/reward rules aren’t met.
CME_MINI:ES1!Long
by esdailytrader
2
XAUUSDThe trend of XAUUSD is fluctuating. Wednesday: XAUUSD in the Asian market rose sharply to 3372 and then quickly dropped to 3348. The current quotation is 3360. It is a good trading opportunity for traders who bought low yesterday. The lowest yesterday fell to 3333. The operating space fluctuates by about $40/ounce. Many people have no idea. The profit of trading 1 lot of buy orders is 4. The profit of trading 5 lots is 20k. This week is the monthly data news week. Including ADP. ECB interest rate decision, big non-agricultural data that have a significant impact on the economy. Trend observation. There is still an intention to continue to rise. In terms of operation, you can focus on buying at low levels. Pressure range: 3400-3390 Support range: 3340-3350 Under the influence of news. Many trends will be distorted due to the influence of data news. So I have been reminding you not to trade alone. If you want to follow good swing trading instructions to make reasonable trades and expand your profits, please leave us a message.
OANDA:XAUUSDLong
by Ludvig_Band_King
Is Fartcoin Meme Coin About to Crash Hard?In the ever-evolving world of crypto investment, memecoins continue to attract waves of speculative interest, even as their real-world use remains effectively nonexistent. One such meme coin token that’s recently caught the attention of traders and meme enthusiasts alike is Fartcoin—a cryptocurrency as ridiculous as its name implies. While Fartcoin may not be suitable for serious applications, it presents a fascinating case study in how to trade memecoins based purely on supply and demand imbalances. The Origins of Fartcoin Fartcoin emerged, predictably, as a joke. Like most memecoins, it was born not out of innovation but out of internet culture. Designed with no technical edge, no roadmap, and no ecosystem, its primary function is virality—riding the waves of social media hype and influencer shills. Fartcoin’s creators never intended it to disrupt finance or decentralize the web; they just wanted to make people laugh (and perhaps get rich in the process). Yet, despite the lack of fundamentals, Fartcoin gained traction, thanks to Twitter and X memes, Reddit threads, and YouTube influencers who thrive on ironic tokens with humorous names. This is the bizarre paradox of memecoins and crypto investment: irrational exuberance often beats utility. Why Fartcoin (Like All Memecoins) Can’t Be Used in Real Life Let’s be clear—memecoins like Fartcoin offer no practical use. Unlike Bitcoin (store of value) or Ethereum (smart contract infrastructure), Fartcoin can’t pay for goods or services, nor does it solve any technological or economic problem. It exists solely for speculation. Most real-world businesses won’t touch it. It lacks a stable price mechanism, a credible development team, and a long-term value proposition. In other words, Fartcoin is entirely unfit for real-life utility, making it a textbook example of a speculative asset detached from fundamentals. Technical Analysis: Supply Level Suggests a Dump Is Imminent While Fartcoin may lack intrinsic value, it offers opportunities for active traders who understand market psychology and how to trade cryptos. Currently, the price action reveals a notable supply imbalance around the $0.8982 level—a monthly supply zone that has acted as a key area of institutional selling pressure. This level is currently “in control,” meaning buyers have consistently failed to push through this resistance. Price is now hovering close to this supply level, suggesting a high probability of rejection. For traders familiar with trading memecoins, this presents a prime opportunity to take short positions using futures contracts available on select cryptocurrency exchanges, such as Kucoin, Binance, and ByBit.
Short
by AlfonsoMoreno
GBP/USD: Bullish Momentum Continues - Key Structures &OVERVIEW: The GBP/USD pair has been in a clear bullish trend on the 4-hour timeframe since mid-May, demonstrating robust buying pressure. Price action indicates a significant shift in market structure, and we are currently observing a consolidation phase near a critical resistance level, suggesting potential for further upside. KEY OBSERVATIONS & MARKET STRUCTURE: 1. Shift from Bearish/Consolidation to Bullish: Earlier in May, price was ranging with a slight bearish bias, failing to make significant higher highs. We can identify a key "External Market Structure" acting as strong resistance around the 1.3450 area. Prior to breaking this external structure, the chart highlights an "internal ChoCH" (Change of Character). This often signals an internal shift in order flow, indicating that buyers were be ginning to gain control within the smaller timeframes, preceding the larger structural break. 2. Confirmed Breakout & Retest: Following the internal CHoCH, price executed a decisive "Break" above the significant "External Market Structure" around 1.3450. Crucially, after this break, price retraced and successfully retested this broken structure. This former resistance level has now flipped to become a strong "Long-term Support" area, validating the bullish market structure shift. This is a classic supply-to-demand flip. 3Current Ascending Price Channel & Support Levels: Since the retest of the long-term support, GBP/USD has been trending higher within a well-defined ascending channel or rising wedge formation. The lower boundary of this pattern is acting as "Short-term Support", consistently holding higher lows and guiding the price upwards. This dynamic support is currently around 1.3530-1.3550. POTENTIAL OUTLOOK & TRADE SCENARIOS: 1. Bullish Continuation (High-Probability): Price is currently consolidating near a multi-day high, just below the upper boundary of the ascending channel, labeled as "Potential Breakout" around 1.3590-1.3600. A decisive break and close above this "Potential Breakout" level (ideally confirmed on the 4H or daily timeframe with strong bullish candles) would signal a continuation of the bullish momentum. Targets could be psychologically significant levels like 1.3650, 1.3700, and higher. For entry, look for a retest of the broken breakout level as new support after the initial surge. 2. Pullback and Bounce: Should the "Potential Breakout" level hold initially, we might see a pullback towards the "Short-term Support" trendline. A strong bounce off this short-term support would present a new buying opportunity, keeping the bullish bias intact within the established channel. Invalidation of Bullish Bias: A break below the "Short-term Support" trendline would be the first cautionary sign. However, the bullish mode would likely only be invalidated on a sustained break below the "Long-term Support" zone (the former External Market Structure) around 1.3450. A close below this level would suggest a deeper correction or a potential trend reversal. CONCLUSION: GBP/USD remains in a strong bullish posture, supported by a clear shift in market structure and consistent higher lows. The current consolidation near the 1.3600 handle presents a pivotal point. Traders should monitor for a definitive breakout to confirm further upside or a pullback to established support for continuation entries. Risk Management is Paramount: Always use appropriate stop-loss orders and manage your position sizing according to your risk tolerance, especially when trading around potential breakout zones. ________________________________________ Disclaimer: The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
Long
by ManiMarkets
EUR/USD 4H: Bullish Mode - Structure & Key LevelsMarket Context & Structure: Price initiated a strong bullish impulse from the low at 1.08856 and peaking at 1.15733. Following this, a corrective phase occurred. The 'MSS' (Market Structure Shift) indicates a return to bullish momentum, breaking the internal bearish structure of the pullback. Key Levels: • Resistance (1.15733): The previous swing high and a significant supply zone. The $' above it suggests liquidity targets. • Support (around 1.1350): The immediate demand zone where buyers are currently active. • Mitigated Zone (around 1.1250): A previously tested and "filled" demand level, offering potential strong support if retested. • Fib Retracement Zone (0.618 at 1.11475 to 0.71 at 1.10841): This "sweet spot" for healthy retracements was successfully respected, initiating the current rally. It represents deep, yet still healthy, demand. Current Outlook: EUR/USD is clearly in a bullish posture. Price has established higher lows post-MSS and is currently finding support. Potential Scenario: We anticipate price to continue its ascent, targeting the primary 'Resistance' zone at 1.15733. A decisive break here would confirm strong bullish continuation. Invalidation: The bullish bias would be questioned on a sustained break below the immediate 'Support' zone and fully invalidated with a clear break below the 'Fib Retracement Zone' (below 1.10841). ________________________________________ Disclaimer: The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
Long
by ManiMarkets
GOLD – Bullish Momentum Builds Above 3347, Watch 3366 Break#GOLD | Technical Analysis The price is currently moving around the pivot level at 3347, which is the key to determining the next direction. Bullish Scenario: As long as it stabilizes above 3347, and especially breaks 3366, we expect the bullish momentum to continue toward the resistance at 3404, with potential to test 3431 and the key resistance at 3483. Bearish Scenario: If the price breaks below 3347, it may lead to a correction down to 3329, and if this level fails, the move could extend toward the support zone around 3265–3245. Resistance: 3366, 3404, 3431 Support: 3329, 3265, 3245
OANDA:XAUUSDLong
by SroshMayi
PolkaDot (DOT) Structure Analysis (1D)BITGET:DOTUSDT is showing signs of strength after a deviation below the long-standing $3.70–$4.10 demand zone. Key Levels • 🟢 Demand Zone: $3.70–$4.10, respected since October 2023 • 🟡 Broken downtrend resistance, retested as support • ⚪ Current falling channel (compression) following range high retest • 🟥 Sell Order Block: $5.10–$5.40 • 🟧 Range Resistance: $5.40 • 🎯 Target on breakout: ~$7.00, potential extension to ~$7.50 Thesis • The recent breakdown was quickly reclaimed, hinting at a possible spring/fakeout. After retesting the range high, price is now compressing within a descending channel, building energy just above demand. • A breakout from the channel followed by an S/R flip of the $4.40–$4.60 region could trigger a rally toward the upper range. Watching for • Channel breakout with volume • Clean break above $5.40 to confirm range expansion Invalidation • Sustained break below the $3.70–$4.10 demand zone
Long
by AliferCrypto
SILVER Multi year Breakout in the works. SLV /SIAMEX:SLV – Silver Setting Up for a Multi-Year Breakout Silver is quietly coiling under a major 10+ year breakout level, and AMEX:SLV is right in the center of it — with a powerful setup developing. 🔹 Long-Term Breakout Level: $31.75 AMEX:SLV is pressing up against $31.75, a key breakout spot that hasn't been breached in over a decade. We're currently printing two inside days following a power candle — classic tension-building price action. 🔹 Sector Tailwinds Gold ( AMEX:GLD ) is up over 1% today — if silver catches up, AMEX:SLV could explode. A green day here could confirm the strength we need to trigger a move through that decade-level resistance. 🔹 My Trade Plan: 1️⃣ Initial Entry: Looking to go red-to-green on today’s candle. 2️⃣ Add on Confirmation: Double up on a clean breakout over $31.75. 3️⃣ Execution: Using a mix of AMEX:SLV calls and /SI silver futures contracts to capture the move. 4️⃣ Stop: Below inside day lows or Friday’s low depending on the entry timing. Why I Like This Setup: Massive long-term breakout on deck = explosive potential. Inside days = tight risk, big reward. Sector momentum is lining up with a clean, tradable chart pattern.
AMEX:SLVLong
by kunal00
Nifty levels - Jun 06, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We hope you find this information beneficial in your trading endeavors. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you success in your trading activities!
NSE:NIFTY
by sacxe
BankNifty levels - Jun 06, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
XAUUSD (Gold) – Bearish Setup in Play | H1 Wave Count + AO Dive🟡 XAUUSD (Gold) – Bearish Setup in Play | H1 Wave Count + AO Divergence 🟡 🗓️ Date: June 5, 2025 📉 Timeframe: 1H 🔍 Elliott Wave Count: The current structure appears to have completed a classic 5-wave impulse. Wave (5) has just printed, and notably, Awesome Oscillator (AO) confirms a divergence: Wave 3 had a higher AO peak than Wave 5, signaling bearish momentum loss. This divergence is a strong reversal signal, often preceding a corrective move (ABC). 📊 Technical Confluence: Price is now entering a key Supply and Demand (SND) zone between 3401 – 3414, an area that previously caused a strong rejection. Multiple Fibonacci extensions also cluster near this level: 1.618 and 2.618 extensions align closely with current highs. These confluences further strengthen the sell bias. 📉 Trade Idea: 🎯 Bias: Bearish 📍 Entry Zone: Around 3401 – 3414 ❗ Confirmation: Look for bearish engulfing candle or breakdown from rising wedge 🎯 First Target: 3372 (Fib 0.618 retracement of wave 4–5) 🎯 Second Target: 3357 or deeper if larger correction unfolds ❌ Invalidation: Break and close above 3418 🧠 AO Divergence Reminder: Divergence between price and oscillator like AO (lower momentum on a higher high) often signals exhaustion of trend — perfect timing for contrarian plays at strong SND zones. 📌 Summary: Wave (5) completion with AO divergence near a significant SND zone (3414–3401) sets the stage for a high-probability short trade. Monitor lower timeframes for entry triggers.
FOREXCOM:XAUUSDShort
by AwesomeOscDad
BTC Long: Entry in 104.7-105.1k on PDL Sweep & OB ActionHey everyone! 🚀 BTC is signaling bullish intent: Clear order flow from the 78.6% Fib level. HTF structure continues its uptrend 📈. This points to a potential trend-following LONG opportunity. 🎯 Entry Zone to Watch: 104,783 – 105,127 Confirmation Checklist for Long Entry: 1️⃣ Mitigation of the 4H Order Block . 2️⃣ Liquidity sweep below PDL (Previous Day's Low) into the OB. 3️⃣ Confirmation on the lower timeframe 👀 I’m now waiting to see the price reaction to this Order Block if price reaches it. Stay tuned! Trade safe and manage your risk!
Long
by TheWhaleSM