It was a long hold since April. The interest expense daily, added up and the profits weren't as high as I wanted it to. But we kept to our guns and held. And so, target 1 hit at 160.79. Now we can expect the price to consolidate and move into a range before the next run up, but you'll be the first to know.
Ascending Triangle formed on CAD/JPY, price broke out and it was a slow consolidation move. But then one week, we had strong buying and demand for the currency pair which shot it up to the Order Block. We had other indicators confirming its upside including: 7>21 Price<200 RSI>50 The target at 106.00 hit and the price continued to move up. I guess it's a...
XAUUSD 1H time frame short setup - buy setup Thanks For Watching
Inv Head and Shoulders seems to be forming on the CAD/CHF Minor Currency Pair. There is a fight between Canada and Swiss Franc and it looks like Canada is preparing the troops for upside in the chart. We need to wait for the higher low to form (right shoulder). Then for the price to break above the neckline and it will be breaking above the medium term...
AUDNZD W Formation has formed over the last month. The price has broken above the Neckline, showing strong upside to come. We have other indicators confirming this. 7>21 - Bullish RSI>50 Target 1.14000 SMC - Sell Side LIquidity Smart Money buys into positions (and sweeps liquidity) from traders who are long (get stopped) and for short traders who enter...
AUD/CAD M Formation formed. The price has broken below recently. And the previous trend was down showing giving a high probability setup. 200>21>7 RSI<50 Target 0.8616
Inv H and S is forming on the AUD/CHF. We are seeing signs the market is ready to turn up. 1st with the Rising lows. 2nd the 7 is about to cross the 21MA. 3rd, the price is looking up to head back to 200MA. 4th RSI turned positive and has made higher lows. Looks good for upside. We just need one good break up out of the downtrend and we good to go. Target 0.6474
Ascending Triangle is forming on the CAD/JPY. We have had a few fakeout breakouts above. Nothing too promising yet. But we are seeing higher lows and that is comforting for the price to continue up. 7>21 - Bullish Price<200 - Price reaching 200MA elastic area. RSI>50 Target 106.00 Bullish by nature
The charts never lie! I posted this trade alert in October 2022 with the massive Falling Wedge on the Weekly. It broke above the R20.35 and it showed the next strong resistance at R25.00. target will be R25.00. I called it a long term analysis but changing it to a MEDIUM term analysis because of how quickly it's accelerated. I guess we can only wait for the...
Cup and Handle has formed on the daily with EUR/USD The price has barely broken above, but it's still a breakout. 7>21>200 RSI>50 Target 1.6507 SMC: Sell Side Liquidity Order Block FUNDAMENTALS We are seeing demand fill the orders as the US Dollar is getting weaker. The US Dollar could soon be demoted to just another reserve currency among the Ruble, Yuan...
Inverse H and S formed and strong upside was shown for GBP 7>21 >200 Price is above 200MA RSI >50 Higher lows Target hit 1.8789 The trend is up and price is showing strong bullishness still. We need to wait for the market to consolidate and prepare the next trade idea.
Rounding Bottom formed on EURAUD and since it broke above the neckline, it's been moving on a strong up trajectory. During the upside there have been two order blocks formed Sell Side LIquidity, which everytime the market comes down big orders are taken out and there is buying into it pushing the price higher 7>21>200 RSI>50 =70 Bullish bias Target1.6816
my personal thought price came down to bullish trendline , yet a lot of buyers and sellers thinking at significant levels . better plan and be prepared both ways , see which side will take control
W Formation formed on Daily where the price broke up above the brim level. 7>21>200 - bullish RSI>50 Target 1.7364 SMC: When the price broke above the neckline, it then came down to retest the support (touching Sell SIde Liquidity) This is where Long stops were triggered and shorts were activated by dumb money. Smart money swept the liquidity and bought into...
price is moving in bearish channel currently price is retesting channel resistance and horizontal resistance as well . if it fails to break these levels bear will control the market trade according to ur levels
Update 28/08/2022 1 Structure 1+2 : bearish 2 imbalances /OB: targeted 3 Current Move 1+2: impulse 4 Entry TF : D1 4.1 ETF Structure: bearish 4.2 move : Correction 5 Support Resistance: Resistance on imbalance 6 FIB: last move 100% filled 7 candle Pattern: multiple wicks bearish (Advance ) 8 Chart Pattern: Double bottom Breakout (Advance) 9 Volume : Above...