Multiple time frame analysis for Gold. Price action & structure analysis. Potential scenarios. Trading plan explained. ❤️Please, support my work with like, thank you!❤️
Bitcoin completed its measured move from the breakout at $31,800, to $37,800 and reached its peak at $48,900! As expected, we witness a sell signal at this level, indicating that the bull run is over. Should we short or long? How do we trade this? 🤔 My last analysis began just after the confirmation bar closed after the sell signal that wicked at $48,900. This...
The Japanese yen may have weakened following the BOJ’s latest ‘non decision’ regarding monetary policy, but markets clearly weren’t surprised enough for it to extend its bearish moves today. Not a single xxx/JPY pair managed to break above its cycle highs, and momentum is now turning lower on these pairs to show a strengthening of the yen. But what has caught...
Trading conditions have been choppy over the past week and a half for currency traders whilst the US dollar index has remained trapped between its 50 and 20-day EMAs. But USD/JPY shows the most promise for a breakout, which we suspect could be to the upside. A false break below 147 last week suggests the corrective low could be in, and a 3-day bullish reversal...
AUD/USD fell from the late-December high to mid-January low in a fairly straight line, so it is no surprise to see prices have consolidated. However, the consolidation cannot last forever so we're looking for its next directional. Given the Aussie has failed to rally despite 'good news' from China, perhaps a spell of bad news could send it lower. That, or a...
Weakness was seen in Nifty after a strong start perhaps due to situation in China and developments in the Middle East as tensions are escalating to a certain extent. Purely on Technicals there was a shooting star daily candle formed on Friday and today on the hourly chart a miniature sort of Head and Shoulder pattern is formed. These to formations indicate...
NASDAQ:GOOG had a mega gap down on earnings news. The stock was simply over-speculated. The price of this stock was way above the true fundamental values. So the stock gapped down to its current fundamental value level. See the chart attached. The green rectangle outlines the last range where there were Dark Pool Buy Zones. Indicators like...
1. we have market structure shift. 2. we have price hitting a major high of 0.55 - institutional key level. 3. we have draw as the old low and fvg 4. we have a breakaway gap which i would like it to be left unfilled.
1. We are above previous week high. 2. We have mss. 3. We have a run on stops. 4. We have an immediate rebalance hence indicating strength. 5. We have our draw as the volume imbalance.
CADJPY may drop from a key daily horizontal resistance. The price formed a double top on that and violated its neckline. Goals: 109.86 / 109.6 ❤️Please, support my work with like, thank you!❤️
With the exceeding of 43.8k usd which is the maximum achieved last week, an attack on the most important resistances could take place or perhaps directly at the maximums achieved in January, this or next week. The hammer from two weeks ago, which requires confirmation, needs a close higher than this high taken into consideration today, because at that point the...
-Previous Day candle closed bearish. If we are looking for buys we will take on until resistance formed on 14th nov 24 daily bearish candle open. - If we are looking for sells we take on until 30 Nov 23 daily bullish 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...
Entry Taken During London Session. 1. Price creating LH's and LL's Indicating Sells. 2. Price Created a New LH indicating Sells. 3. Entry Taken at 15 & 30 M Break Of Lows.
Expecting price bullish momentum till previous SIBI of 14 Nov 2023 Premium Price Level . . .
My previous idea: 1. We have an IFVG in M15. 2. We have MSS on M15 3. We are currently at discount range. 4. Big data in crypto is trending right now hence am expecting a push up to 4.2 a token. 5. Weekly is very bullish.
📉CADJPY is currently in a phase of consolidation, moving within a sideways trading range. The price is currently attempting to break through the upper boundary of the range, but I anticipate a reversal from that level. My target levels for the market are 109.69 and 109.10. ..Trade safely 👍✅
Broadening bottom pattern Nice Reversal Look to long or Buy Take Profit at nearest resistance
Crude Oil is currently testing a solid rising trend line on a daily. I see a double bottom formation on that on an hourly time frame with multiple rejections and a peculiar gap up. The price may bounce. Goals: 73.27 / 74.16 ❤️Please, support my work with like, thank you!❤️