Detailed trading plan for USDJPY. Price action analysis & key levels. Potential scenarios. Trading recommendations. ❤️Please, support this video with like and comment!❤️
Good afternoon traders! Welcome to a new trading week. After about a 3-week drop in #CADJPY, we've seen a nice bounce around the important 109.000 area. I'm long just under 109.200. Friday's price closed up above the 110.000 level and I'm expecting more upside this week. The close above 110.000 also provided me with a second buy entry. This week will be an...
EURUSD retraced higher to 4H FVG 50% level and was rejected from there breaking lower through breaker block and creating bearish FVG. This indicates that EURUSD is weak in line with USD strength from last week. I will wait for retrace and sell near the breaker low to go for RR 1:2,5
Nothing much to say just some simple supply and demand rule followed according to the chart. Expecting a more move to the downside from that sell zone.
Last week began with a display of strong conviction from buyers, propelling price upwards towards the previous high (516.5). They managed to surpass it by a small margin, establishing a new historical high at 517.1. Unfortunately, bulls were unable to sustain momentum and build a new value zone, allowing bears to regain control and push price back towards the...
My strategy is in the Bitcoin price correction phase after the euphoric bull run amid the adoption of Bitcoin ETFs. In a calm news environment on the stock market, I expect to see a rebound from the 0.382 level, in this area there is a GAP in prices and an imbalance in the same area. Given the tense situation in the economic space, I expect a breakout of 0.5 Fib level.
Weekly Bullish, Daily bearish and 4hr bearish Waiting for a daily rejection to enter
The month of March starts with the bullish momentum from the previous month Feb 2024. February closed with strength while creating a new ATH which I expect March to breach with ease. I will like to note: Monthly candle started on Friday March 1.2024 This is only of importance for the next sessions of intraday. Weekly candle has not closed yet. I will add...
The Dollar Index is nearing a key resistance range of 103.81 - 103.61, and how the price reacts in this area will dictate its future direction. 📈A breakout above this range and a 4-hour candle closing above it would confirm a long-term bullish trend and likely lead to a bullish rally. 📉On the other hand, if the price fails to break above the resistance level,...
Short term down trend with confluence off key levels and candlestick analysis.
Market Structure Bearish On HTF Entry at Daily AOI Weekly Rejection At AOI Weekly EMA Retest Weekly Previous Structure Point Daily Rejection at AOI Daily EMA Retest H4 EMA Retest 75% +3 REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique ...
Market Structure Bearish On HTF Weekly and Daily around same AOI Weekly Rejection at AOI Weekly Bearish Engulfing Previous Weekly Structure Point Daily Rejection From AOI Daily EMA Retest H4 EMA Retest TP at Daily Support 90% +3 REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient ...
This is what we've been waiting for - GBPNZD breaches a key 2.08~ weekly level. Last week's close signalled price holding above said level. It's great to see strength during this week's open. I believe this is a sign of further strength to be expected on the upside.
Spot gold continued its correction during the Asian session on Monday, once hitting a more than one-week low of $2,145.99 per ounce, as the U.S. dollar strengthened and investors prepared for a series of major central bank policy meetings this week, including the Federal Reserve/Federal Reserve. On Friday, gold prices fell significantly from an intraday high of...
I am bullish biased on Gold for this year, expecting to see it reach 2400 until 2nd November. I developed this project with only one question in mind considering the context perspective: where would could or should occur potential entry setups and signals for long entries. I have ~picassoed~ some potential support/resistance elements taking into consideration...
Double Bottom Kind of structure is forming in Nifty but still it is delicately placed. If the levels of 22037 and 21912 are held which are a support zone and if the resistance zone of 50 and 200 Hours EMA which are at 22072 and 22144 are broken on the upper side we can see strength. Thus the support Zones for Nifty are at: 22037 and 21912. Below 21912 bears...
Last Friday, I thought gold would continue to fall. Then I told VIP to sell gold. At that time, the market fell by $15. In the new week, gold fell sharply again.At its lowest, it touched the 2146 line. It exceeded my target position. However, it did not stabilize at this position.It rebounded quickly. It has rebounded after most of the time of shock. It is...
Quick 20 handles ($800) in under 20 mins. That's many peoples weekly wage!