1) The stock is in uptrend in all major timeframes. 2) The stock is in weekly consolidation since JAN 2024 - 4 Months old weekly consolidation. 3) The stock shows strong volatility contraction in Daily, looks poised for breakout. 4) Weekly,Daily,4H & 75 min RSI Intact - Momentum in play. Entry around 230, Best - Between 215-220. SL - 214 Daily closing...
This is a Weekly post for several pairs showing HTF Markup only using Smart Money Concept (SMC) on Weekly, Daily and 4H Time Frames. Feedback will be highly appreciated. U.S. Dollar Index TVC:DXY Weekly: Daily: 4H: Gold Spot / U.S. Dollar OANDA:XAUUSD Weekly: Daily: 4H: British Pound / U.S. Dollar FX:GBPUSD Weekly: Daily: 4H:...
There is a chance that price could continue bullish from here, BUT I can NOT ignore the fact that there is a weekly head and shoulder possibly printing. Which will send price bearish for quite a bit. On top of that, price has not really broken this area of price since 2021. This is a key level of price for EU. There has been 4 bearish engulfing candles in this...
On the above 4-day chart price action has corrected 90% since the sell signal in February 2021. A number of reasons now exist to be long, including: 1) You know why.. 2) Price action and RSI resistance breakouts. 3) Strong positive oscillator divergence with price action. Multiple oscillators currently print bullish divergence with price action over 136...
During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP. Levels are valid throughout the day,...
Daily/4h time frames analysis for Silver. Price action & key levels. Directional bias & thoughts. ❤️Please, support my work with like, thank you!❤️
Keep an eye on $NQ_F it's leading the reversal and is at better Resistance. Intermediate Neutral-Bearish
Hope everyone liked the previous idea which hit full tp for a RRR of 17.5. This one is quite harder for a RRR of 20:1. Let me know if you agree or not with possible EURUSD up movement.
USDCAD leaves multiple bullish clues after a test of a key daily support. One of those is a bullish breakout of a resistance line of a falling parallel channel on an hourly time frame. The pair may bounce today. Goal - 1.3685 ❤️Please, support my work with like, thank you!❤️
Hello traders. This is my setup for GU today. I'm looking to take longs to an hour supply I had marked earlier this week. Let's see how it goes. Danko
1. 4H time frame: 2. 15M time frame:
1) Stock is in uptrend in Monthly , weekly. 2) The trendline that connects highs of 2007,2010,2021,2024 are about to be broken on the upside - Price confirmation indicates the same. 3) Weekly Price shows Morning star reversal. Note : This stock has not participated in the bull rally of 2023. Entry - Anywhere between 122-135. I see aggressive entries can be...
GBPCAD is trading in a long-term bearish trend. After the last bearish wave, we see a correctional movement on a daily. The price reached a key horizontal resistance cluster. After the test of the underlined blue area, the pair started to consolidate on a 4H time frame and then it broke a support line of a rising wedge pattern. It may indicate that the market...
This is my Intraday analysis on EURUSD for 26 Apr 2024 W17 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15 Chart Analysis Market Sentiment PCE as the next hurdle: The release of the Personal Consumption Expenditures (PCE) data is the key event today. This data is a crucial inflation indicator for...
Price Flow Strategy FLOW (Monthly/Weekly/Daily): Flat flow(4hr/1hr): up i-Flow: The intention is balance the sell in my opinion entry(15min/5min): Always Set Stop Loss Disclaimer: Follow your plan and risk management. this might or might not work Tip: Be patient and le the trade show before you act.
So again, I cashed out my trade just above 5000 as we fell last night following the Israel drone strike against Iran. Most of that dip appears to have resolved itself, at least for the moment, but those geopolitical issues will likely be crucial to the potential of a market fall in the coming days. I go into it in the video, but major Earnings are next week, and...
Weekly timeframe - Bullish market structure - Rejection candle on the 61.80 fib level - Bullish fib active - Previous resistance acting as support - Natural M Daily timeframe - Bullish M with the fake-out (outer structure respected) 4H timeframe - Inverse head and shoulders
Market Structure Bearish on HTF Weekly and Daily at same AOI Strong Weekly rejection at AOI Weekly break and retest of broken support Previous Daily Structure Point Daily EMA retest Daily Rejection at AOI Around psychological level 0.65000 H4 Rejection at AOI