Expecting continuation of bullish trend following on from deep retracement during the day.
Zooming into the low time frame, EUR/USD is exhibiting a bullish-leaning market structure, suggesting a positive bias. 💡 Why Follow? Gain insights into my Fibonacci approach. Track the progress of the 100k funded account challenge. Participate in discussions to enhance your trading knowledge.
AU 4H Bulish View On Pair 1) Mark Supply Zone 0.66163 to 0.65506 > Getting Rejection 4H from Supply > 15Min CHoCH printed > Fibonacci 70.5% entry SL Above Recent High > 1st TP will be 2.25R on 0 level > Full TP Bullish swing 70.5% - 0.64140 which is Fibonacci 161.8 level of our 15min CHoCH entry 2) Buy View will be on bullish swing Fib zone 70.5% after 15min CHoCH printed
The price should make a bearish QM but not confirm it and move upwards
the one has moved into a downtrend. choch is clear. Also in line with fib retracement levels. We sell to take out sellside liquidity.
journal for my gbpusd buy and testing strattttt :D
Kaspa remains bullish after breaking out to new highs this month but a potential head and shoulders could be forming on the 4hr. If current trend were to break and this scenario play out, the target has rough confluence with the 0.618 golden pocket and chart structure. That being said, the trend is still holding at time of posting and that fib level is below the...
On week chart The first sign what I see is the big indecision candle last week Besides, the level $6 is also Golden Ratio 0.618 FibRe. I'm waiting for breakout or breakdown to trade on lower timeframes Time will tell
Hello traders! Observing a potential reversal opportunity on USD/JPY, and here's the rundown. As we approach significant high time frame (HTF) Fibonacci levels, there's a chance we might witness a reversal in the current trend. Let's explore! 💡 Why Follow? Gain insights into my Fibonacci approach. Track the progress of the 100k funded account...
Hello fellow traders! Exploring a promising bullish opportunity on GBP/USD, driven by the evolving market dynamics. Let's delve into the analysis! Key Insights: Bullish Momentum: GBP/USD is showcasing a robust bullish momentum, evident in the current market conditions. Positive Trend: The ongoing trend suggests a favorable environment for potential bullish...
💡 OANDA:XAUUSD today's plan involves keeping a small buy runner until it hits the scalp sell zone. My typical targets usually revolve around a 1:3 or 1:2 Risk-Reward ratio, depending on the trade dynamics. 👀 I affectionately term this a scalp sell trade since the bullish trend seems to persist without significant bearish pressure currently. It's worth noting...
💡 OANDA:XAUUSD today's plan involves keeping a small buy runner until it hits the scalp sell zone. My typical targets usually revolve around a 1:3 or 1:2 Risk-Reward ratio, depending on the trade dynamics. 👀 I affectionately term this a scalp sell trade since the bullish trend seems to persist without significant bearish pressure currently. It's worth noting...
Looking for shorts withing this previous daily distribution zone on the left. We swept much liquidity and I see us continuing lower. 1hr timeframe seems to have shifted from bearish to bullish and the 4hr broke structure bearish as well. Will set limit for the sell. DYOR before jumping into a trade. Thank you for your time.
EURJPY Short SETUP 23/11/2023 USE Fibonanci Replacement and Dow Theory
Look like a potential bull flag forming on the 4-hour time frame. Let's see if the highs are broken to capture liquidity. Pride could continue to downside to test the trendline.
USDJPY gave a short-term pullback. It looks like we could get a reelection around the 38.2 level on the Fib. There is a double top at the highs right above liquidity that needs to be retested Price could also continue the fall and retest the 23.6.
AMEX:SPY November 23, 2023 15 Minutes. I exited my position at the gap up yesterday around 456 levels. I feel AMEX:SPY is getting tired. As of now nearly all upside targets are met. We have an oscillator divergence. Price making higher, Oscillator not keeping it up. For any upside today I expect 457 a good level to short. AMEX:SPY is making HH, and HL in...
- Head and shoulders bottom - Break of a significant down trend line *(the information created and published on TradingView is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors.)