Gold was hit a supply zone in higher time frame and now I can see a confirmation, I'll wait for pullback to 15m the supply zone.
Price was moving in a Descending channel but currently price has broken the channel from 1HTF perspective, looking for valid Retest of the structure before going long. My Target is to 1.58560 Feel free to.share your thought with me
A break of bearish trendline signify a shift in direction for gold. A minor retest whereby we can see another BOS in line with a minor fib retracement with entries taken on the lower timeframe. Looking at intraday high to be taken out. Potential intraday / swing trade on gold to the upside.
4hr bearish trendline has broken with many confluences leading towards a bearish ETH for the short term. Price has been melting after making a new highs trapping buyers and long positions before melting straight down last week during FOMC which was the catalyst for the downside on ETH and other crypto currencies. I am looking at 1070$ ETH or even a 1000$ ETH in...
USDCAD looks going to a down trend. the zone is a supply zone and I'll trade on the area.
A BOS in small timeframe and a good channel but in a higher timeframe we have a Lower-High Lower-Low structure so we should wait for a better confirmation
Solana has no sell volume after its current price . the free fall started around 12$ The point of confluence is 4$$$
USD/CAD Is currently looking weak after distribution If we see a strong break below structure with chart pattern confirmation we may see a downtrend till at least 1.3200
AUD/USD In an attempt to reverse upward from downtrend saw a break below trendline which happened to be a downward continuation. Price is currently in an uptrend and I will be waiting to take trades only when I see a bullish confirmation above the current resistance level X.
MTF analysis are in the anchored notes for M,W,D,H4, AND H1 Annotations/ Notes and Markups are on the charts KEY LEVEL = Tried & tested S&R zones S/R zones are labeled as S/R zones High Impact News / Potential price catalysts: (My time is GMT +8. Adjust according to your timezones) TUE, 11/08/2022, (NO SPECIFIC TIME) - CONGRESSIONAL ELECTIONS (USD) THUR,...
As we see market were bullish and there was many BOS to the upside But market just shifted to the downside with good momentum Price came to test the last supply zone and reacted from this area Will wait for the bearish movement to be confirmed and go short Feel free to comment with ur thoughts! Peace
Today was a good day but a choppy one. Took 3 sell entries and all of the were stopped out. Took 2 additional sells this morning at the open and those went straight to SL, traded a bit too tight initially this morning but the SLs weren't large at all took about a 3% L on those. The remaining trades were taken off of the -CHOCH (Change Of Character) and -BOS...
Since the trend has changed in short term, looking for sell opportunity. Placing a sell limit as shown in above chart.
Dear Traders, Gold has given us a mixed signal. The 4H trendline is broken and the bullish impulse move was strong. In the first scenario of retest, it may give a nice opportunity for buying continuation to 1665 level which either push price lower to 1645 levels forming consolidation, or will break and go up to 1682 area of previous year demand zone. I will...
In this chart we can see some pattern that fits to this strategy. We saw a lot of liquidity in the path few months. And sometimes the market can give u some bouncy bull trend for a couple of days or even week or two. In this chart , u can see some pattern that give us some indication that may be some poll up , and then it going down to check the LL prices And...
Dxy is currently in a strong uptrend and we will need a valid reason to go short. 111.9284 is a valid level of support which when broken we may see a downward correction till at least point X: 107.9379 which served as a level of support for the most recent rally.
As we can see on HTF $BTC charts, price has been moving in an upwards channel creating higher highs and higher lows ( breaks of structure confirming the continuation of the uptrend), but we have sinked into a lower low which would definitely count as a change of character of the market reversing the trend downwards. Do or die scenario is basically bouncing...
As per Fed's Daly remarks states that the US needs further rate hikes to combat inflation hence why this current rally on indices and today's miss on JOLTS jobs report. Markets are continually providing volatility which equates to more opportunities for all market instruments. We have been breaking structure to the upside on NAS100 since Monday and all throughout...