On the above weekly chart price action has corrected almost 99% since April 2021. A number of reasons now exist to be long. They include: 1) Price action and RSI resistance breakouts. 2) Trend reversal. Higher highs higher lows replace lower highs lower lows. 3) Support and resistance (green channel). Price action confirms support on past resistance. 4) A...
On the above 4-day chart price action has corrected over 90% since 2021. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Price action confirms support on past resistance (grey bar). 3) The falling wedge pattern forecasts a move to the $200 area. Is it possible price action corrects further? Sure. is it...
Bitcoin Analysis: From the point of view of buyers, it is expected that after the correction of the price, the demand will increase in the price range of 67604.96 and in the short and medium term, we will see a change in the upward trend.
This is my Intraday analysis on EURUSD for 10 Apr 2024 W15 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish / Continuation INT Bearish / Pullback Phase 2. Price reached the INT Structure EQ / Premium and swept the Liq. on the left from the bearish INT Structure Leg and...
FX:USDJPY Preference: With the first TP hit on our original sell price pull back immediately. This pullback retested the highs but failed to create a higher high. If the bears hold on to momentum at this level we could see a break of the low. Alternative Scenario: With multiple rejections above the highs, liquidity retests above the highs are also possible....
FX:USDJPY Preference: With the first TP hit on our original sell price pull back immediately. This pullback retested the highs but failed to create a higher high. If the bears hold on to momentum at this level we could see a break of the low. Alternative Scenario: With multiple rejections above the highs, liquidity retests above the highs are also possible....
FX:GBPUSD We've reached a key level with GBPUSD. The 4-hour time frame gave us an uptrend with multiple rejections at the 38.2 of the Fib. If price fails to break above this level, we could see a retest of the 23.6 before continuing the uptrend. The close of the next 4-hour candle could give more insight on the direction of this move. Alternative...
FX:GBPUSD We've reached a key level with GBPUSD. The 4-hour time frame gave us an uptrend with multiple rejections at the 38.2 of the Fib. If price fails to break above this level, we could see a retest of the 23.6 before continuing the uptrend. The close of the next 4-hour candle could give more insight on the direction of this move. Alternative Scenario: If...
According to the analysis i did on nadaq100 i foresee a bull run coming during CPI. Price has been trading within the bearish channel and found strong support level 18 000 mark and within the barish channel we found a inverse head and shoulders, currently am waiting to see price breaking out the channel and testing it then push o the upside.
- Bullish engulfing candle crossed above the 200 EMA. Bullish conditions met. - MOM facing up and above 0. Bullish conditions met. - STOCH facing up and the blue line is above the orange line. Bullish conditions met Buy At Market Execution Or Buy Limit At 0.62100 Or Lower SL: 0.61700 OR LOWER (40 pips or more) TP 1: 0.62500 (40 pips) 1:1RR TP 2: 0.62700 (60...
AUDUSD is looking like it will continue to sell. It is already below the 200 EMA and has just broken structure on the downside by crossing below the 50 EMA. - MOM looks like it is on the 0 line but it is actually negative which for me is a bearish confirmation. -STOCH is below 50, facing down and the orange line is above the blue. These are also bearish...
NZDUSD is still very bearish and I believe it will continue to sell. - The candles are still below both of the EMAs. Bearish conditions are still met. - The MOM is still negative and below 0. Bearish conditions are still met. - The STOCH is below 50, facing down and the orange line is above the blue line. Bearish conditions are still met. Potential trade...
Looking for sell opportunities because market is bearish on multiple time frames. - candles below both EMAs - MOM facing down but not below yet -STOCH facing down, the orange line is above the blue line but it is not below 50 yet SELL AT MARKET EXECUTION OR SELL LIMIT AT 0.61200 OR HIGHER SL: 0.61600 OR HIGHER (40 pips or more) TP 1: 0.60800 (40 pips) 1:1RR TP...
Looking for EU to buy at Market execution or Buy Stop at 1.10300 if the price continues to rise. - The break of Structure is on the upside. Bullish conditions met. - Candles above both EMAS. Bullish conditions met. - MOM is above 0. Bullish conditions met. - STOCH is facing up, above 50 and the blue line is above the orange line. Bullish conditions met. SL:...
Looking for NU to sell. Bearish confirmations met on multiple time frames. Potential Sell Stop at 0.60550 - Red candle below both EMAS. - MOM is facing down and below 0. - STOCH is below 50. Waiting for it to be facing down and for the orange line to to cross over the blue line.
Hey Rich Friends, GU is looking like it will continue to be bullish for a few hours - days continuing what it was doing last week. Last week, we were able to secure 40 pips off of a short rally but hopefully, we can get even more this week. Here is what I am looking at: 1. Candles have crossed above the 50 EMA on the 4HR and both EMAS on the 1HR. Bullish...
Hey Rich Friends, I am looking at EJ for a potential bearish move since the candles are well below both of the EMAS. This is a bearish confirmation for me. The MOM indicator is also below 0 confirming a bearish trend and the STOCH is below 0. Market execution or sell limit at 158.150 or higher is a potential trade idea, SL: 158.550 OR HIGHER (40 pips) TP...
Hey Rich Friends, I think EU will continue to sell. Here is what I am looking at: - Candles are below both EMAs. My bearish confirmations are met. - MOM is facing down and negative. My bearish confirmations are met. - STOCH facing down, below 50 and the orange line is above the blue line. My bearish confirmations are met. - The current candle has closed...