The March Candle closes with approximately +16%, creating a price structure above the previous historical high drawn in 2021. A very strong signal regarding the long term, this favors the bulls in trying to snatch convenient prices until the short period will allow it by correcting on the most important supports. The last price structure that could act as support...
There is an engulfing candle I think the price will rise What is your opinion?
Relative equal highs around the 4.329% level is prone for smart money to liquidate those who placed their stops above recent highs. Stagnent throughout the week but the overall sentiment for yields over the short-term is bearish as a LH was formed, piling shorts to place their stops above recent short term highs as well as yields being bearish 2 weeks in a row,...
7 straight days we have been bullish for. I will always be macro bullish on gold as long as money is being printed. Gold is hard money Gold is Gods money My philosophy is simple... Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go. This includes; - Market Structure - Buyside/Sellside...
EU is showing some nice bearish movement, breaking 4hr weak lows over and over again. Currently price broke another 4hr weak low, would be nice if we could get a nice mitigation back up into the supply area so we can look for new shorts down to the next 4hr weak low.
FX:USDCAD Bullish engulfing in daily timeframe,targeting 1.36144. Clear visible liquidity pool ahead.
- Previous Day candle closed Bearish. If we are looking for buys we will take on until daily resistance formed on 22 march 24 - If we are looking for sells we take on until 24th march 03 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade. - We risk 3-10% of our capital. Close trades once price reverses to opposite direction and...
Yesterday, we spotted a confirmed violation of a key daily support on NZDCAD. After a retest of a broken structure, the pair formed a nice intraday bearish confirmation. I spotted a horizontal range on a 4H time frame with a breakout of its support. Such a violation increases the probabilities that the market will keep falling. Goal - 0.805 ❤️Please,...
Though EURUSD is bearish on Daily I believe that there is a room for a short term move higher to rebalance inefficient are above. 15M bullish unicorn breaker formed aligned with FVG. I will go for 1:2,5 RR
Bearish throughout the week with the daily order block being met on the 29th, one day before good Friday before retracing to the upside. Due to the sentiment being overall bearish, many retail traders would be inclined to go with the notion that 'trend is your friend' and short the market whilst placing their stop loss above recent highs, causing smart money to...
Rangebound price action throughout the week with hourly buyside and sellside pending to be tested. 1.26546 intraday buyside liquidity is a premium area in price which cable is most likely to run to, especially if dollar is to continue to sell-off into the daily fair value gap @ 104.144. Hourly order block @ 1.26146 has been respected from Thursday throughout....
We kept it short and sweet last week and my short term projections delivered just before reversing to current price now @ 40,140. YM trading back into the median of the weekly range is still considered as a healthy retracement in a overll bull market. It's also in-line with ES short term shorts. My philosophy is simple... Fortify Michael J Huddlestone's...
Unlike ES, I will be analysing the daily timeframe as NQ and YM are used to create my intermarket relationships between the indexes to trade ES only. SMT Divergence is a good strategy to use if only analysing ES, YM and NQ alongside DXY. Throughout the week has been slow and choppy with liquidity void being filled but we are still in a premium. A minor...
Market Structure Bullish on HTF Weekly Rejection at AOI Strong Weekly Support Level Daily Rejection at AOI Previous Daily Structure Point Around Psychological Level 0.85500 Daily EMA Retest H4 EMA Retest REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is...
Structure is Bullish on HTF Weekly and Daily in the same AOI Weekly EMA Retest Weekly Rejection at AOI Daily Rejection at AOI Around Psychological Level 0.89000 REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash,...
Structure Bearish On HTF Weekly and Daily at same AOI Weekly Rejection At AOI A lot of Seller's Momentum in the Market Daily Rejection At AOI H4 EMA Retest 65% +2 REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash,...
Market Structure Bearish on Higher Time Frames Weekly and Daily At same AOI Strong Seller's Rejection on the Weekly Weekly Rejection at AOI Previous Weekly Structure Point Daily Structure Point Daily Rejection at AOI Around Psychological Level 1.35500 H4 EMA Rejection 100% +2 REMEMBER: Trading is a Game Of Probability : Manage Your Risk ...