Sentences with phrase «demand zone»
"Demand zone" refers to an area or price range where there is a significant amount of buying interest or demand for a particular asset or product. Full definition
Technically, BTC / USD within recent trading has received some support from a strong touted demand zone, within the mid $ 6,000 region.
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Radar helps me to identify true supply and demand zones with stocks and ETF's, much more than typical support and resistance level indicators.
This blind entry idea, with limit order in the event area, looks very compelling and is similar to a Supply & Demand zones trading concept, and is suitable for traders with a full - time job (as you can enter a set & forget blind order, with a stop loss).
What time frame can I locate my supply and demand zones perfectly so as to be profitable in fx
According to our forecasts in the H1 chart, the BTC / USD has reached a Fibonacci demand zone between the 50 % and 65 % levels and quickly managed to leave that area, which adds strength to this range that could be in favor of the bulls.
BTC / USD bidding was seen again within a touted demand zone, around $ 7,500.
It has moved up by 200 pips this week getting above the demand zones of 128.50, 129.00, and 129.50.
I've also found price action trading like supply and demand zones, Japanese candlestick formations, multiple candlestick patterns, etc... to be very useful and accurate in my own trading.
Other traders in this category include trend lines, channels, and sometimes supply and demand zones; but they never add traditional western technical indicators.