hello traders we might see reversal pattern on this pair the way they are closing Friday look for i will update on it . lets see how it play out look for my other posts for next week if you find it helpful like and follow
Although they have very strong correlation, I am now seeing a divergence between both pairs and opposing price action. A strong case for a head and shoulders is setting up as GBPUSD enters an area of supply on the daily and 4 hour chart. Once I see confirmation, I'm going short and targeting sell side liquidity and demand zones. Happy trading, The Meditrader
EURUSD is clearly in a bull channel and setting up for a breakout at next week's open. Some points of interest on higher frames are a large liquidity void on the weekly chart and a daily mean threshold, both of which are at the top of the channel. My ideal entry will be getting in at the retest of CHoCH. As always, don't guess...assess. The Meditrader
hello traders eurusd creating a nice wage pattern looks clean lets get it if you need setup like this almost everyday make sure to like and follow lets collect the pips fam.
Just be responsible, verify and consider.. That's it for me today.. Happy Weekend!
Cup and Handle formed on Gold recently. We had a break above the brim level. Now we are having some kind of retracement, for Smart Money to pick up orders before heading on up. 7>21>200 Price>200 RSI>50 Target HKEX:2 ,351 SMC: Sell Side Liquidity order block is just below the handle of the C&H. This is also where the powerful 200MA is. When the price came...
SPY - As mentioned on my list yesterday, I was cautiously bullish going into today due to the fact that we had a 2-2 reversal on the daily. We were not able to break highs of yesterday (Which I credit to bad ER from before the bell on big names like TSLA) and ended up opening lower on the day but fighting our way back up to fill premarket gaps before dropping back...
Lovely move down into the hourly imbalance today on EU. This provided perfect conditions to enter longs on the 3 min chart, targeting the liquidity resting above the equal highs as shown on the chart. Messy charts are not always a bad thing! Assess the noise, take what you can from the market and exit at a logical area where we are likely to see a reversal in...
Notice every time there is a liquidity sweep within killzone timeframe(denoted by x) there is a perfect opportunity to enter in opposite direction and if we combine this with the market structure shift and FVG there are multiple setup to trade from
Fundamental Backdrop 1. Unemployment Claims comes out at 245k compared to a 240k forecasted. 2. This highlights a worsening labour market and a potential sign that of recession in the US. 3. This is bearish on the USD and we could see potential bearish continuations in the market. Technical Confluences 1. Near-term resistance at 102.09. 2. Price rejected...
i have sent out weekly forecast on this one i have more updated pattern as the week goes by we see more looks clean i don't think it will break to the down side because of strong resistance also htf suggests bullish condition
1. Price has come back to mitigate the 4H +FVG (Fair Value Gap) created on the 4th April, sweeping a PDL (Previous Day's Low) in the process to clean out the stop losses of anyone in early longs from this past week. This is an early entry signal and I have started to scale in with a scalp. (This higher risk trading, and not financial advice!) 2. Price has also...
Not my best path drawings but I do think that anything above $170 seems like a great shorting opportunity, the lows at FWB:124 would be my target. I'd like to see if come to $170 and sweep supply or come to the highs at HKEX:176 and sweep that area. If we sweep HKEX:176 , I think it will be the best potential entry if this does prove to be bearish. **NFA
This is a friend chart that has a bearish outlook for potention reversal or Crash to 2018 Lows Prentending that Btc has a 16 year Cycle where each 8 years we can take previous cicles lows Which mean 2026 bear market could be really drastikkkk But let keep our Pants tight and see if BTC is about to make a breakout like in May 2019 While this current cycle show...
Thank you Jesus! After a long time of looking at charts now I can see how this patterns always repeat daily!
EUR/USD London Manipulation, 5m bullish break, entry on demand, multiple engulfing candles, targeting double top and asian high, good luck!
Fundamental Backdrop 1. The CPI y/y was better than forecasted 10.1% VS 9.8% 2. A lower inflation rate, both on an annual and monthly basis, is generally perceived as positive for the currency because it indicates a stable economy with controlled prices, making it attractive for foreign investment. Technical Confluences 1. Near-term resistance at 1.25000 2....
using the famous I.C.T 2022 concept, the top side liquidity in the daily chart has been cleared and we then had to wait on a break of structure to the downside and wait for the F.V.G formed to be triggered, our first entry go stopped at break even. this reentry has started and I believe it would go down toward the end of May 2023. this is beautiful as we watch...