Expect bearish price action from this area as price takes out liquidity above equal highs aka retail resistance and weekly highs where a lot of retail stops should be taken out, expect a bearish reversal from this area with the targets into equal lows area aka retail support. What do you think ? Comment below..
The price has hit a significant resistance and in the upper half, a bearish candle has formed. Also, the momentum of movement has decreased and shows the tendency of the price to fall. We are waiting for the break of the trend line and the small support that is a serious and very important drawing. After failure and confirmation, you can enter into a sale transaction.
We have updated levels and highlighted potential re-test areas to pick up fresh entries. We are trading small lots due to end of year. The levels identified are also Goldturn levels therefore we will look for price to find support in these areas when taking positions. EMA5 break and candle body confirmations will give us further confidence. Right now we are...
As discussed in the earlier post, i had 2 scenarios for this pair. After the liquidity grab below the lows and moving back in, the price remained above and started heading into the upside. The price as discussed reached into the 0.71500 region as discussed and can find some resistance at this point.
Expect bearish price action over there as price takes out liquidity above old highs+weekly high and 1.68000 as a psycho barrier for the price and then quickly reverse to the downside, we should go below old lows of the accumulation. RISK ON in the markets right now as indexes and crypto rise this could make this chart to go lower REMEMBER ONE THING - Smart Money...
Expect bearish price action on this currency pair as price is rejecting a nice orderblock h1 area + filling the bearish imbalance on its way. DXY should make a little retracement that could push this chart lower. What do you think ? Comment below..
Expect bearish price action over there as price takes out liquidity above weekly highs and closes bearish imbalance on h4, targets 9250. What do you think ? Comment below..
Expect bullish price action as price takes out previous weekly low and closes bullish above, a lot of bearish imbalances that should be filled asap. JPYINDEX is retracing lower after taking weekly highs What do you think ? Comment below..
If the low breaks that we are currently trading at, the price has the potential into falling down into the 0.70500 region where it will find a support. If the price fails to break i will be looking at 0.71500 as the next region of resistance and where it could reach.
Expect bullish price action on GJ price is right now rejecting an important area of supply POC area x2 + bullish orderblocks + bullish imbalances filled. I expect price to take out today the asian highs but it all depends on the volatility because its friday. What do you think ? Comment below..
Expect the price of JPY to start the selloff as we are approaching an important area of resistance around POC area x2 + bearish orderblock and bearish imbalance fill. This means bullish for xxx JPY pairs. What do you think? Comment below..
Following from yesterdays analysis, the price moved to the upside however didnt go into the buy zone i hoped for. As for today we can see we have a zone of interest we are trading within now. However its best to wait till the EUR/LND open to see the draw of liquidity before entering. The black line is my confirmation once the price crosses above it after...
I tried to show you in this example the classic intra-week scenario, price takes out stops (stop losses) above weekly high and the quickly reverse to the downside. Do you use this concept ?
From an intraday perspective what we can see is that this pair moved lower towards the beginning of the week creating the low on the Tuesday as marked. The pair has regained its losses and moved back towards its weekly opening price. The zone above the price has acted as a resistance however has been tapped into many times which would weaken it by the lesser...
Gold is showing a head and shoulder movement. The price could fall and reach a TP of 1679.5 of the previous big rejection by the BUYERS of Gold. The GOLD could reach the lowest price of the 21 August 2021 when gold fell to 1679.5. The BUYERS could come in to BUY again with the low price to take gold to the highs again. Maybe the BUYERS are waiting for the NEW...
JPY POC AREA X2 touched we have a huge bullish momentum, as i told you in this mornig only try to short XXX JPY pairs as we have strong JPY. What do you think ? Comment below..
Price is taking out liquidity on the trendline, expect bearish price action on this currency pair. LES GO What do you see? Comment below...
Expecting the price to drop from this area, i just feel it no technical analysis needed.