This setup is based on the SMC (Smart Money Concept) supply and demand zone! There are 2 different demand zones I marked based on two different timeframes, the first one is on the 15-minute chart and the second one is on the 1-hour chart. I prefer to enter on the 15-minute timeframe because of the trend as it's a strong up trend. So, this is my GOLD trade setup...
This is my Intraday analysis on EURUSD for 1 Apr 2024 W14 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. Finally with the Bearish iBOS we confirm the Swing Pullback is over and currently we align with the Bearish Swing...
Dear friends, gold has repeatedly broken new highs and hit the 2265 line. At present, gold still maintains a strong unilateral upward trend. However, as far as current trading is concerned, I do not advocate continuing to cash long gold. Because gold continues to be very overbought and deviates too far from technical indicators, there is currently a short-term...
In this post, I'll explain why I'm holding back on trading GOLD until it either breaks the daily invalidation level and makes a new break as X1/1D or retraces back into the 3M zone. 12M: 6M: 3M: 1M: 2W: 1W: 3D: 1D:
So, just thought I would check in overall after I had several messages asking me what I was up to recently since I have not posted. Just to note, all trends are basically in an uptrend of higher highs and higher lows. Some of the longer term trends haven't struck in some time. Heck we haven't had a Daily downtrend in months and are still operating off the Daily...
Arkham fell by -55% after listing on Binance. As you already know, you should pay a strong attention to such fresh altcoins, because they have the biggest opportunity to grow. The best example is an Aptos which grow by +400% and me and Altcoins Gems members bought it. Additionally, you can check such altcoins as WRX, SOL, AXS which was listed at hte beginning of...
On the above 2-day chart price action has corrected 50% since last October. Now is a good long moment. Why? 1) Price action and RSI resistance breakouts. 2) Support on past resistance confirms. (green circles) 3) The Bull flag confirms forecasting a 150% move to 45 cents. Is it possible price action corrects further? Sure. Is it probable? No Ww Type:...
Weekly: -H&S pattern. -IC. Daily: -H&S pattern. -IC. 4H: -H&S pattern. -IC.
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Gold continues it's bullish run following the Fed's dovish outlook on interest rates. Price has printed further highs and we continue to trade within a fractal high and low. As mentioned on 22/03/2024, Intraday expectation was for price to react H4 POI to then target fractal high, which price did,...
Price tapped in the 4Hr OB, taken out liquidity along the way.
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USDCHF looks quite overbought after a test of a key daily horizontal resistance. As a confirmation, the price formed a double top pattern on a 4H time frame and violated its neckline. I think that the pair may test 0.8993 level soon. ❤️Please, support my work with like, thank you!❤️
AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals. If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad.
Hello traders. This is my current view on GU. I'm looking to take a short on GU to the low at 1.2586. I am cautious of this position because market has not been making any lower lows when I look at the 15m so I will only enter once I see a clear rejection from my zone and put stops to BE when its clear. But we shall see how it goes. Danko
AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals. If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad.
- Previous liquidation of previous lows taken out - Overall structure is bearish - No sign of break of major previous highs - No willingness to go higher - FVG/In-balance on the way upwards---taking out minor liquidity to then fall/die. ETC, ETC.
FX:EURJPY Preference: We have reached a key area with EURJPY. On the 30-minute time frame, we have consolidation underneath the 38.2 level on the Fib. There was also a double top pattern printed on the 30 min that aligns with the 38.2. There are multiple rejections at this level, and the momentum is on the bear's side. If the price fails to break above this...