**Monthly Chart**
Last month candle closed a bullish after creating manipulation monthly candles. On a monthly chart it gives a clear indication that GBPJPY is approaching the high of June 2015 at around 195.88 - 196.00 levels.
This month (April 2024) candle opened from the close of the previous candle and started running towards the high of June 2015. We...
1. High volume break out of base on 8,9 April 2024
2. Pullback to break out level/support with decreasing volume
3. Previous resistance and 20 MA as support
Buy on price and volume increase
Hello dear traders,
the S&P 500 has started to correct after a long period of ascent in its chart. We are looking for a good selling opportunity until the price reaches our order block, allowing us to repeat an excellent buying position for ourselves. I have explained in a very simple and smooth way on my chart where the liquidity is located! This liquidity, after...
BTC reached 1d -ob while ETH reached 1d -fvg. that created a really big SMT.
it look really bearish and if I will see displacement to the downside on the 1h/4h on ETH/BTC I will look for shorts.
But pay attention that if we will not see a clear intention to go lower there is a chance that the DOL on BTC will be the daily -fvg, and if you take a short right now...
Gold turned south and declined toward $2,340, erasing a large portion of its daily gains, as the USD benefited from PCE inflation data. The benchmark 10-year US yield, however, stays in negative territory and helps XAU/USD limit its losses.
An interesting ambiguous scenario on G/A.
The capacity of the sellers to at level 0 to continue the downtrend seems unlikely given the reaction of the buyers in the last up vector from level 1 labelled as a potential disruption of the notion of trend (unable to create a new lower low).
In saying that, around level 0 we have the breach of support that confirmed...
It is likely that EURUSD will seek out the 1.06600 price level before considering the possibility of buying after the inevitable liquidity rally.
i'm expecting a long move on this pair
confirmation on the DXY (Dollar Index)
On gold against the dollar, I technically see a potential rebound to the 2300 level (round figure), where the price already rebounded on 04/23 and which therefore acts as an important support, taking into account the underlying uptrend.
Hey Traders, in today's trading session we are monitoring US30 for a selling opportunity around 38470 zone, US30 is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 38470 support and resistance area.
Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring GBPCHF for a selling opportunity around 1.15100 zone, GBPCHF was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.15100 support and resistance zone.
Trade safe, Joe.
Price may continue to blast up taking all time highs. If we get a retracement Look for buys from the vol. Imbalance. This will put price into an OTE as well. So buys are legitimate and not chasing price.
I see a significant retracement Into the weekly minus Order Block and deeper. There has already been a 15m confirmation but as this is a swing trade idea I would wait for a 4h or even daily confirmation.
KOTAKBANK technically breaks the support!
Expecting 1250 - 1300 in coming days till 1780 is safe on upside.
Fundamental - Recent RBI sanction on KOTAKBANK has direct impact on new business which is basically online Credit Card issuance due to ignorance on poor IT infra. So in short no new client can be onboarded digitally, unless the IT issue is solved and assured...
I am bullish on these Gas future long term. However I believe that we will see lower prices over the next 2 weeks. Looking for this new SL to be taken and then deeper into the imbalances between 429 and 418
