Bearish engulfing day saw it closed beneath $2020 - a level it has flirted with but mostly respected as S/R on a daily close basis. This level was also tested on the 1-hour chart - which means support became resistance. A triple top formed on the 1-hour chart, and bears entered ~2035 to help it break below 2020, before volumes diminished. (Bears are short at the...
U.S. crude oil inventories fell by 6.674 million barrels in the week ended January 19 from the previous level of 483,000 barrels. WTI prices were lower on the day as traders focused on rising U.S. oil production and rising supplies from Libya and Norway. The short-term (1H) trend of crude oil has repeatedly fluctuated near the E point of the triangle, with the...
The price has rejected the high end of its range, which has been consistent over the past few weeks. After the breakout, there has been no proper retest. We are considering taking a bearish approach to finish off the move, but keep in mind this makes scalping a bit risky since it could potentially retest the breakout. It's important to manage the trade properly,...
We saw a very good Daily candle showing the fightback of Nifty a closing above important résistance of 21421 indicates that we might be heading towards 21500+ tomorrow if global factors keep the things bright. In this case the resistance that Nifty will face will be at 21582(Major resistance), followed by 21684 and 21772. On the lower side the supports for Nifty...
This is not a flexing of the imagination project. You basically take a set of simulated projected potential future scenarios which also contains potential simulated future pivot points, or inflection moments, then you simulate a bunch of geometric objects which are basically just math functions, and you end up selecting the objects that hit the most points in the...
I'm making this just for kicks. Fundamentals: Netflix (NFLX) and TKO Group Holding's WWE announced new partnership early Tuesday that will bring WWE's flagship program Raw to the streaming service, beginning January 2025. TKO's agreement with Netflix has an initial 10-year term for an aggregate rights fee in excess of $5 billion. Dwayne 'The Rock' Johnson is...
this analysis is the same as the others idea's i post. My trades are based off of the weekly trend
Hey guys, I am here again with analysis for the week, swing trades. I am seeing alot of sells in many pairs anyway, I just hopped into this trade now with proper risk management, Weekly, daily timeframe is currently in a downtrend and a bearish engulfing 4h would confirm the sell, but I already took a sell based off on 3Hr. Kindly tell me what you think about...
Entry taken during London Session. 1. Price is in an overall Range. 2. Entry taken at 15 M Break of Lows. 3. Momentum Trade taken, keeping Volume in Mind.
After determining that almost every Timeframe is Bullish. I see we're retracing towards a Liquidity Imbalance on the higher timeframe. So I want to anticipate on that. We have an Order Block in an Order Block. this is where we're entering onto this. More confluence : 15Minute timeframe shows us that we've broken structure to the downside and we see a...
A Bearish Engulfing candle has formed on JSE:BID which is a top reversal signal. Today has moved up for now, so the trade hasn't been triggered just yet, but we will keep an eye on it to see if it triggers in the next few days.
-Previous Day candle looked doji. If we are looking for buys we will take on until 16th Nov 23 bearish order block. - If we are looking for sells we take on until 27 Nov 23 daily bearish open. - Wait for 1 hour candle to close above or below zone. -We risk 3% of our capital. Close trades once price reverses to opposite direction and 1 hour candle closes in...
-Previous Day candle looked doji. If we are looking for buys we will take on until 29th May 15 bullish candle wick. - If we are looking for sells we take on until 01 ndec 23 4hr support. - Wait for 1 hour candle to close above or below zone. -We risk 3% of our capital. Close trades once price reverses to opposite direction and 1 hour candle closes in opposite side...
CADCHF nicely retraced from a key horizontal resistance. The price formed a double top and was nicely rejected, violating a neckline of the pattern. We can expect a bearish movement to 0.643 support. ❤️Please, support my work with like, thank you!❤️
Waiting for better price structure to become clearer in and around supply zone of interest will patiently wait unbias as if set up works or fails, analysis's done, on watchlist, time for popcorn. DYOR. Perma
We have remained bullish the US dollar the past few weeks, and continue to suspect there are plenty of shorts to be covered as markets finally concede that fewer Fed cuts are coming this year and already priced in. The dollar has posted a strong rally YTD, and after a brief consolidation momentum is trying to turn higher with a bullish outside candle. It's not...
As Solana has experienced explosive growth in recent months, there's a growing concern that the cryptocurrency is due for a blow-off top. This is a term used to describe a sudden and dramatic price decline following a period of rapid and unsustainable growth. There are several reasons why Solana could be vulnerable to a blow-off top. First, the cryptocurrency has...
Here I am using the wickfill theory. Price has rejected to push lower than 2020.66 from the previous day and we had price retest today. from here price could potentially give us a wickfill and even push higher.