Caught these buys last night! hope the breakdown was clear enough to understand how i see the market.
What is a Symmetrical Triangle:- A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. The price forms symmetric triangle pattern on daily and weekly chart. The price perfectly following the ascending...
GBP USD following the Australian dollar. We are looking for this to continue bearish here we have clear structural breaks on the larger time frame. We have clear areas of supply above as well as filling the short-term fair value gaps and imbalances. We are expecting this bearish movement to continue to our lower target which is the previous low created. A pretty...
Morning team - good day yesterday - we our hitting a 4hr OB and I suspect us to slow down this downtrend momentum soon. GU Daily bullish 4h bearish 15 swing bearish 15 immediate bearish
Morning - We have pulled up enough in me eyes for a healthy BoS to the down side I'll be looking for 15 min immediate structure to turn bearish and I'll take a short according. Structure: GU Daily bullish 4h bearish 15 swing bearish 15 immediate bullish
Summary: * Short term bearish market structure (LLs,LHs) * Looking to continue making lower lows if price breaks below support * But if price breaks above 160.500 this would be a break of structure and a potential transition bullish
Based on the analysis above, the market is currently almost at the end of the final subwave of the fourth wave. The wave 4 contains three corrective waves (ABC) with subwaves formantion of 5-3-5 waves. As of now, expect the completion of the subwave 4 of the entire correction and its supposed to contain 3 corrective subwaves (ABC waves). After the bullish...
The Greenback's biggest gains in the last week have been against the Pound sterling after the BoE's dovish hint that it may have finished raising interest rates after a 50 basis points hike last Thursday. However, the higher-than-expected non-farm payroll data of 517,000 jobs in January did not help matters as the Pound slumped further to close the week below the...
Following a massively profitable week for us (see the link below for reference purposes); The Gold tumbled almost 3% on Friday after a blockbuster U.S. jobs report for January which came in with whopping 517,000 jobs hereby triggering profit-taking activities on the yellow metal’s long-running rally since the beginning of the year. Price is currently trading at a...
Summary: * HTF bullish structure * Currently in a small consolidation * Price tried to breakout down but rejected * looking for a break above the highs for bullish continuation
$ANT - SHORT SWING OPPORTUNITY Entry Conditions: - Breakdown & Retest of Local trendline support - Break down from consolidation & 200 EMA - Bearish Divergence - Impulse Signal
Summary: * Daily, 4h and LTF are bullish * Price could just be retracing to continue bearish, potential entry below 158.000 * If price keeps the bullish momentum a break above those wicks could be a nice entry altough the target is quite small
Previously told to look the price action around Resistance level. and a rising wedge breakdown possibilities, Now from 479 to 429 below........
Summary: * HTF candles are bearish rn * Strong bearish volume * seeing how price reacts to 159.800
$CTC - Short Scalp Opportunity Entry Conditions: - Bearish Divergence - Failed RSI Breakout - Impulse Signal - BreakDown and retest of 200 EMA - Rejection from the weekly pivot
Summary: * Gold is retracing on LTFs, 4H-1H are bearish * Waiting to see how price reacts to the support level * Will we break and go for a deeper retrace or respect that zone for potential buys * Watching price closely and executing on the ideas
Summary: * Daily,4h Bearish. LTFs short term bearish market structure * Possibility of continueing bearish at the break of 158.800 * If bearish structure gets broke above 159.100 then that invalidates sells and buys are more appropriate
Summary: *Gold breakout during asian session * Not seen a proper retracement since moved away from the zone * Potential retracement could be coming during london * Or with further confirmation sells would continue