I know my charts are not pretty and I look pretty stupid a lot of the times. BUT. I noticed something very strange with the time cycle charting tool. I was measuring the tops and bottoms to find out that the bottoming process on SMCI is scheduled to happen just before NVDA earnings. Meaning... if SMCI follows the cycle we will see a huge dump before the...
Hello traders, as we prepare for the week ahead; allow me to share my thoughts on EU. EU is still bearish on a HTF, we haven't taken out swing LH yet. but we are indeed seeing a swing pull back after the market broke swing lower lows. Following previous week with High impact news we expected a turn for EU on the internal LH but unfortunately the market violated...
My opinion about this currency pair is clear in the picture
Monday 20th: 3 Gold Folders Tuesday 21st: 5 Gold Folders, 4 Red Wednesday 22nd: 5 Gold, 5 Red Thursday 23rd: 3 Gold, 9 Red Friday 24th: 6 Gold, 2 Red Many will cry themselves to sleep as stops get triggered on both sides as this week is a HECTIC week!
Weekly Analysis: -> Swing: Bullish. -> Internal: Bullish. Price printed a bullish swing BOS followed by a bullish iBOS and continues to break all time highs. Most likely scenario would be for price to pull back following swing and internal BOS (Break Of Structure) First structural indication, but not confirmation that pullback has initiated would be for...
H4 Analysis: Analysis/Bias remains the same as yesterday's analysis dated 19 May 2024. -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish BOS. After bullish BOS, expectation is for price to pullback. We have nested Daily and H4 supply levels where price is expected to initiate pullback, which price did. As previously mentioned, CHoCH was...
The price is in a bullish move and apparently will break the historical high this week. Daily time frame: 4H time frame: 15M time frame:
Silver has broken out of a 4 year old resistance and it has a potential of about 100% ROI in the long term to touch it's all time high. RSI, Momentum and Trend intact and as the consolidation breakout is after 4 years, the price move would be significant, expecting a minimum 30-50% ROI. I would consider Silver Bees to invest.
Hey everyone hope you are having an amazing weekend so far! I wanted to get on here and make another post for you guys for a potential trade I see for the coming week. I have a super busy weekend so while I have a little time wanted to post on this potential setup! So LETS DIVE IN! OK so what I am looking at here is NZDUSD. And I am going to keep this breakdown...
Bitcoin is the cleanest uptrend of my watchlist right now. I'm looking to buy any weakness to $65,000. Daily RSI Crossover indicates we could be at the start of another bullish "cycle" providing a good risk reward opportunity. I'm preparing to execute aggressively if conditions require. Daily closes below $65,000 or sustained movement below $63,000 would...
Market Structure Bearish on HTF Weekly And Daily AOi in the same Area Weekly Rejection from AOi Previous Weekly Structure Point Weekly Bearish Engulfing Daily Rejection from AOi Around Psychological Level 1.63000 H4 touching EMA H4 Candlestick rejection Previous Structure point SOS 4.89 Entry Signal 110% REMEMBER: Trading is a Game Of Probability ...
Well done all gold holders! If you managed to hold onto your gold longs and bullions from 2020 covid pandemic, you should be a rich man. I think there's more of where that came from in stock!
Local resistance .74 to .76 Local support .66 to .64 If we can get a double bottom or take out the lows around .66 to .64, I'm looking to long targeting .80 to .84
Areas of interest is $69,000 - $63,300 The range is wide as choppy price action do not provide high accuracy on a macro level
I feed of information! And right now I am itching for more! Very tough to tell but with volitility ahead throughout the band of this week, PD arrays will be attacked in some way shape or form.
DXY is Bullish on HTF Another fantastic example of what i was trying to explain on EU weekly trade review. Now some might be wondering why EU surpassed an internal LH that was protected and DXY won't. Well my theory is simply, DXY is still forming internal structure as it has not taken any swing structure out so it would make more sense for DXY to respect...
Looking for NAS to pull back no farther than the somewhere around 18168.8 (Mid-Point of the weekly consolidation + monthly bullish channel mid-point) and then continue bullish to the top of the weekly bullish channel that price is currently in around 19044 **This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
KUCOIN:VRAUSDT Back at major support zone. Triple Tap looks interesting here, the support zone needs to hold. Watching for possible Fake Out / Stop Loss hunt for entry. There are multiple entry strategies you could use via LTF analysis but always manage risk. When I post, I always have Plan B which could be going in the opposite direction to another AOV or...