Monthly: -Inverse H&S pattern. -IC. Weekly: -Imbalance. -Impulse and correction pattern. -Previous week low taken as liquidity so now we target buyside liquidity, Daily: -Over extended M formation. -Imbalance acting as magnet for price. -Daily low acting as support. 4H: -Inverse H&S pattern. -Imbalance acting as support.
4h/1h time frames analysis for Gold. Price action analysis, key levels. Potential scenarios. Trading plan explained. ❤️Please, support my work with like, thank you!❤️
SP 500 SP 500 Trade setup on broad market weakness. Stay hold below pre-market resistant. So ideally wait to see break down pre-market support. retrace and continue downside.
In this live trading session video,we look at our open positions on BRENT potential trades coming on Bitcoin,Etherum,S&P, etc and the thinking behind them. The concepts you learn from this video are cross transferrable principles onto any strategy.
Weekly: -Last weekly bullish candle could get filled. -Inverse H&S pattern. Daily: -Bullish M pattern. -IC. 4H: -Bullish M pattern. -OB.
Hello traders, and happy Monday! :) This setup shows great potential to gain bullish momentum, as the overall higher-time trend is bullish. Currently, it sits on monthly support, and on a weekly basis, the price hasn't broken through the moving averages. Additionally, the average volatility, based on the 7-day and 30-day periods, is overextended, suggesting a...
BTC VWAP Hand over, it failed on 4th try at the last cycle. Now 4th try is on the test this cycle now. Will it succeed this time or fail just like the last cycle? I can not predict the result yet halving and Hong Kong spot ETF approval would help to continue uptrend this time.
Good day traders! Last week, intraweek highs was liquidated/manipulated and our most premium supply level mitigated It seems though as price has reversed to the downside since (short-term basis). Could $2300 be our next stop? - Being it is our next medium term institutional demand level , with adequate sell side liquidity resting above to magnetize prices...
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price remains contained within an internal range where we saw a reaction from H4 supply with price unable to close below strong internal low. Price has tapped into H4 demand where we are seeing a reaction, however, price has previously failed to break and close above weak internal high. The prevailing...
GBPCAD broke and closed below a key daily structure support on Friday. The broken structure turned into a resistance. Today, we see its retest. The price formed a tiny horizontal range on that on an hourly time frame. Its support violation is a strong intraday confirmation. I already shorted the pair. Goal - 1.6966 ❤️Please, support my work with like, thank you!❤️
This is my Intraday analysis on EURUSD for 22 Apr 2024 W17 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment The sentiment for the EUR/USD pair today is largely influenced by macroeconomic factors. On one hand, the Eurozone economy has been sluggish, which is...
Market Structure Bullish on HTF Weekly Engulfing Candle Previous Weekly Structure Point Weekly and Daily AOI in the same area Weekly Rejection at AOI Previous Daily Structure Point Daily Rejection at AOI Around Psychological Level 1.80500 H4 Rejection at AOI Strong Support Level REMEMBER: Trading is a Game Of Probability : Manage Your...
I've been monitoring this pair for quite some time as its been ranging since February of this year. After a failed breakout attempt in early April, it looks like price is making another attempt at this week's open. I don't really have a strong directional bias with this pair as it's been in quite a whipsaw pattern for the past couple of months. I'd drop down to...
Price has reach a new level where it's possible that level will turn support and more buyers may enter the market. BOS on the weekly time frame happened and we are looking for a retest.
Weekly Analysis: Analysis/Bias remains the same as last week's weekly analysis dated 14 April 2024 -> Swing: Bullish. -> Internal: Bullish. Price printed a bullish swing BOS followed by a bullish iBOS and continues to break all time highs. Most likely scenario would be for price to pull back following swing and internal BOS (Break Of Structure) First...
From 2023 going into 2024, market conditions has been rangebound, with daily sell stops and buy stops being attacked but if we have a look at the PD arrays, discount prices are looking more probable, just like cable, targeting the yearly equilibrium @ 1.04059 and 1.01963 - 1.00572 bullish monthly order block if the downtrend continues but I will take things one...
Looking at GBPUSD on a larger timeframe, cable has been bearish for the past 4 consecutive months with no signs of slowing down. price action is currently trading in premium territory but with 1.23035 yearly equilibrium looming down below, there's a high probability chance that cable will continue to selloff into a discount. Over the course of 1 1/2 years, the...
Due to a delayed upload, my bias is neutral for the duration of the week. Initially, i was looking out for the weekly order block to be attacked, which occured before continuing it's downwards projection to the weekly sellside liquidity @ 37,675. In my last YMM post, i stated that YM could front run the index markets and thats exactly what we saw. But this does...