On GBP/JPY, we have a strong supply zone that has been broken after four months, and therefore the objective will be to look for a possible long entry with a 1:6 risk-reward ratio target. Let me know what you think in the comments. Have a nice trading day!
We have a neutral situation, which means that the price is currently within a demand zone. If it creates a buy signal, I will go long, but if it breaks the zone, I will wait for a retracement and then go short. Let me know what you think in the comments. Have a nice day trading!
Gold has a strong demand zone around the level of 1990. Currently, my view is neutral. What I will do is wait for a possible formation of a supply within the main demand zone, and from there I will look for a long entry. If the price were to break the main demand zone, then I will look for a short entry. The goal is to search a possible supply demand zone inside...
Sell limit placed , btc seems to be ranging right now , so were just playing the ranges . simple stuff
My Idea on USDCHF for pre market open is, I expect a little bit of protraction down , in to a fair value Gap, before it Rally's in to a BEARISH Order block , the I expect a pull back , and another impulse Bullish strength, to breaking the Order block, and hit the extreme Order block.
nice 3/8 trap set up for some day trade profits. down trend and sellers stepping
Dear Traders, I would like to discuss potential shorting opportunities in the USDCAD market. In analyzing the market, I have examined the chart from yearly to H1 timeframes. I welcome any feedback on my analysis and suggestions on how I can enhance the quality of my content. I do apologize for any fluctuations in my vocal delivery, and I am taking steps to...
So in this video i talk about the current state of the SPY and where I think it may head form here. These are only my opinions and not suggested for any trade or financial use.
Hello Team, Bitcoin has now formed a good consolidation zone providing us with a trade opportunity. If we break & close above the resistance we will be looking to buys pushing towards 17K+ If we break and close below support we will be looking for sells pushing towards 16K- Happy Trading!
This is a 5 minute moving weighted average model of the Wednesday Intra-Day stock price for QQQ. The average looks at all Wednesdays for the past 12 months, and excludes any Wednesdays that fall on FOMC announcement days (those are a separate pattern). To calculate the initial model, I did a straight average of 11 months, then performed a moving weighted average...
If you love the spot-on analysis done so far, please boost, share, comment, and follow for more. Analysis: On the 3 min charts, BTCDOWNUSDT 3 candle confirmation occurred at around $20,814. This implies a current overbought condition for BTCUSDT. 2-candle confirmation on the 5 minutes chart above the yellow moving average and a 1-3-candle confirmation above the...
Analyzing price action from the past 2 Sessions, Asia and London, I see bears stepping in. The Bulls are hitting daily resistance and may need to breathe. Asia and Pre-London both retested the high formed, both Monday + Tuesday were very bullish days, so I am not going to be surprised if we see a Bearish NY session today, or possibly some consolidation. But what I...
Just added my fun chart prediction, going short taking in consideration price trends, economy and fear. I see this as the pump before the dump. Possible go up little higher then drop to the outlined area. This is just for entertainment. lets come back and see how well it played.
Price action conformations with 1:3 risk reward....The only thing that i am afraid of previous daily candle other wise my analysisi on my point let,s see how it plays out....
Hi Traders, Today I take another look at GBPJPY, Price has dropped as expected in my previous post, But I have gotten stopped out before the drop. Looking At price, I believe the move is now done and we can expect a continuation to the upside. Based on the 30-minute timeframe we have bounced off support and started moving bullish with all the current 30-minute...
Hi traders, we have a trading idea on SPY for Tuesday that we think would be interesting for you: So, after the trend has changed in the last few days we can expect the SPY to gapped down at the beginning of the trading day and after a false break will bounce up again. If so, we will enter the trade with an excellent R / R ratio towards the $ 429 area.
AUD/NZD looking to be reacting a correctional structure, be patient and trade accordingly as it is looking to move higher.