GBPUSD is currently experiencing a sideways movement. If you are seeking a buying opportunity, pay attention to the bullish trendline on the 4-hourly chart. Ensure that the candlestick does not violate the trendline before considering a buying opportunity. What are your thoughts on this potential buying setup for GBPUSD?
We are expecting a lot of important fundamental news next week. Here is your trading plan for GBPUSD. The market is currently trading within a wide horizontal range on a daily. Depending on the reaction of the price to its boundaries, I see 2 potential scenarios. If the price breaks and closes above the resistance of the range, we can anticipate a bullish...
ICP ran three pushes up in an ascending wedge reaching $16.33, followed by a pullback with three pushes down and a strong bull signal. Is it time to long? How do we trade this? 🤔 A long entry could be justified here. Here's what we have in favor of the long bias; Three pushes up in a bull channel ending at $16.33, followed by three pushes down in a micro-bear...
ICP gave us another push up after we broke the Support Zone and established support. Now we see ICP coming down to test the Push #2 high of $11.80. The price is consolidating to the upside in an ascending wedge pattern, should we short? How do we trade this? 🤔 It is not time to short because we're still in the ascending wedge pattern and have not failed to make...
Idea is to keep a downtrend to 3400 level in August 2022.
Hello, dear community! I hope you all are fine and doing well, This is what I planned for Monday, if you agree thumbs up if there is any suggestion please let me know. During this long hold, we will have many scalp setups also in our Lower Time frame. The setup will be invalidated after the red-tagged SL level. Happy weekend :)
The opening of international spot gold continued yesterday's rebound momentum and strengthened. The U.S. dollar index continued to open on the strong side without causing significant pressure on it. The 10-year U.S. bond yield opened lower and weakened, which supported the steady rebound of gold prices. The price of gold fluctuates in a range, divided into two...
Dollar Index keeps consolidating. The market is stuck within a narrow range on a daily. It feels like the market participants are waiting for the FED interest rate decision next week. Pay attention to the boundaries of the range. Its bullish breakout will be a strong bullish confirmation. A bullish continuation will be anticipated at least to 104.15 level...
If this feels a little like deja vu, I feel you.. Apparently SUI doesn't know when to quit.. It's hardly got any remaining teeth and here we go again.. ) Seriously though.. This coin looks extremely bullish in spite of the fact that it's likely coming down some first.. The good news is that getting in at the bottom of whatever's about to happen will put you in a...
How's your 2024 been? OIL has rallied too high. Look for pullback or inside bar to go into this trade. When R:R = 1:1, take half lot off. Let the rest run. Aim 84.80. Good Luck
Price broke bearish trendline. High probability the trend line will break making price to continue bullish. Price could break out trading box.
Market Structure Bearish on Higher Time Frames Weekly strong Bearish close (Sellers in the market) Weekly and Daily at the same AOI Weekly Rejection at AOI Daily Rejection at AOI Daily EMA Retest H4 EMA Retest REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is...
Market Structure Bearish On Higher Time Frames Buyer's Rejection On Previous Weekly Close Weekly Rejection at AOI Weekly And Daily Around same AOI Daily Rejection At AOI Daily Previous Structure Point H4 EMA Retest TP at previous lows with a lot of rejection REMEMBER: Trading is a Game Of Probability : Manage Your Risk ...
Entry Taken during London Session. 1. Price created a bullish momentum creating HL's and HH's Indicating Buys. 2. Entry taken at 30 M Break of Highs.
When examining the EUR/JPY chart, a clear support level at the price of 159.615 can be identified, which formed around January 15th. More recently, a support level was established around 160.786. However, this level has been breached and now serves as a resistance level for future price movements. The last interaction in this price range, observed in the 15-minute...
Seizing intraday opportunity based on Smart Money Integrated with Ichimoku Kinko Hyo + FVG. The narrative is channeled toward Arabic speakers trading in CASE. Disclaimer: My analysis is not an investment proposal; Please consult your Investment Advisor and/or your Wealth Manager for your investment decisions.
STOPLOSS hit. I'll wait for price to be @ another AOI and give me another entry signal before entering again
This is my Intraday analysis on EURUSD for 26 Jan 2024 W4 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bullish OF Bullish In Discount 2. Price made a bullish BOS and after a BOS we expect a pullback. After mitigating the Weekly Supply zone, price started...