Short setup on EUR/US at NY Open on important supply after retracement, confirmation BOS on 5m timeframe. Target on structure test and 50 % asian session range
Fundamental Backdrop 1. UK employment rate increased by 0.2% which indicates a growing workforce and potential for increased economic output. 2. Payrolled employees increased by 31,000 in March 2023, indicating that businesses are hiring and expanding their operations. 3. Unemployment only increased by 0.1 percentage points to 3.8% in December 2022 to February...
Hey traders, here is the analysis for the EURUSD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
SPY - I think today was like a 50% win 50% loss from our prediction yesterday. I wanted to head lower than Friday, which we did not get, and we closed green, but my prediction also said that I saw today being a pullback day or consolidation day, which it was. Tomorrow I am thinking we head higher and that is purely due to the fact that we had such a strong close....
The head and shoulders was in fact being formed and so now I'll be targeting levels indicated within this chart. Happy Trading, The Meditrader
XOM has been ranging for a few weeks now, Getting back towards the HKEX:114 lows and it looks like that we have taken some liquidity and tested demand. Ideally, I'd grab a position from this demand zone but we will see what tomorrow brings us. Definitely wouldn't fight that HKEX:117 top and should be used as a target or potential short.
Getting some more ICT practice in on crypto. Right now, I'm tracking a potential rejection around TSE:2130 to get target the lows back back down at $2050. Got some ways to go before the short makes sense though.
Hello traders There is A reversal signal, we expect to see prices drop at least to 29400
Still refining the ICT strategies I'm learning to incorporate into trading but as of right now, SPY on the higher time frames is in an uptrend but on the short term, internal liquidity is trending down, imo. With equal lows at HKEX:410 , it seems way likely that we take that liquidity to get us to HKEX:408 , where, if we can take liquidity can get us from ...
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD. * Looking at GBPUSD heading into the London session * Asian session took out last friday's lows taking this sell side liquidity * we have a market structure shift as price is delivered this morning. - momentum is significantly bullish. -Looking to see how London open for mor confirmation. * looking at the extreme...
Fundamental Backdrop 1. The Empire State Manufacturing Index which is a leading indicator of economic health, is expecting to improve significantly from -24.6 to -17.7, we could see the DXY rise back up toward the 102 resistance level. 2. With the Unemployment Claims expecting to have almost no change, which could see the overall economic health stabalizing. 3....
Fundamental Backdrop 1. Last week, the Employment Change was better than expected which shows that consumer spending have improved. 2. The Unemployment Rate maintained at 3.5% which shows the economic health is stabilizing. 3. These news events caused the AUD to rise towards 0.68 key resistance level before dropping back down to 0.67 by the end of the week due...
Price has been gravitating towards the volume imbalance on the weekly (Highlighted by the pink box) Upper Threshold: 4304.75 Lower Threshold: 4214.75 I will be using the lower threshold 4214.75 as my target for the buyside this week, if the price doesn't altogether crumble to the downside here. A NWOG has appeared (thick black lines) Upper Threshold:...
Hello Taders! Here We can see a Bullish breaker. Price broke a swing high after breaking a swing low. Any retracement from here and be seen as new buying.
Hi welcome to Decrypters The Setup is Clear we are expecting over All Nasdaq to go up Before Collapsing to the Down side we\ll play the chart what ever comes first ( I prefer long from down side ) we are attaching last post link As referal post
Hi People Welcome To Decrypters Last Friday :- Due to News DXY covered Already some losses from Last week Monday :- will be A recovery move with Respect to Friday Move Over All it was profit taking move , Not a selling move ( Which SURELY can continue more down side ) It Doesn't mean though you can't sell ,GOLD is Over all bullish in LONG TERM IN...
hello traders last week we catch this pair to the pips new week new opportunity i still need more price action on this pair waiting Monday and looking at it give us even more confirmation what to do this is what i see now wait for update make sure to follow don't miss out
What Gbpusd is currently doing,based on my understanding and years of experience,is inducing people to think it all set to go lower ,what is inducement? Inducement means getting people on the wrong or right side of the market way to early,that the simplest explanation I can give you folks that how I explain to my trading community... anyways back to business I...