Oil had a very strong daily close on Tuesday, and appears to be heading for the highs of the weekly range. My Draw on Liquidity is Tuesday's high, as well as 79.09 and 79.36. I am hunting a long setup. I would like to see H4 candles closing with rejection wicks into the H4 bullish FVG's. A close of this nature will authorize me to hunt m15 long entries.
On the above weekly chart price action has corrected almost 90% since the sell signal (not shown). Now is an excellent long moment. Why? 1) A strong buy signal (not shown). 2) Price action is printing on past resistance, look left. 3) Bullish divergence. 4) Weekly Dragonfly DOJI candle. 5) No stock splits. Is it possible price action falls further? Sure. Is...
Daily/4h time frames analysis for Gold. Price action & key levels. Directional bias & trading plan. ❤️Please, support my work with like, thank you!❤️
H4 Analysis: Expectation remains the same as per analysis yesterday (27/02/2024) -> Swing: Bullish. -> Internal: Bearish. -> Sub-Internal: Bullish. -> Has reached EQ. I have marked sub-internal in red due to the significant range of the internal structure. Price has printed a bullish sub-internal iiBOS. which indicates that we are still in the pullback...
NZDCAD is currently approaching a peculiar zone based on a key horizontal support and a solid rising trend line on a daily. Your confirmation to buy will on an hourly time frame. 0.8285 is the neckline of a double bottom formation. We will need an hourly candle close above that to confirm the strength of bulls. We can buy the pair then anticipating a bullish...
This is my Intraday analysis on EURUSD for 28 Feb 2024 W9 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m NOTE: Nothing changed again from yesterday, 4H no changes and 15m just created INT to INT Structure. 4H Chart Analysis 1. Swing Bearish INT Bullish Swing Pullback Phase 2. After a BOS and...
GBPAUD violated a solid horizontal supply zone. After its retest, the price formed a cup & handle formation on an hourly time frame. Bullish violation of its neckline confirms the significance of the broken structure. We can anticipate a growth on the pair at least to 1.9464 ❤️Please, support my work with like, thank you!❤️
I've not been on the charts this Month as traveling and not too much happening on the HTF picture. Though the AUDCHF is looking like a real good BUY on dips under 0.57 as you can see on the daily charts below the markets have been moving in a sideways accumulation since Aug last year a strong weekly support has formed @ 0.56 Monthly selling pressure has...
On the above 3-day chart price action has corrected 96% since the awesome sell signal back in March 2021 (not shown). Now is an excellent moment to be long. Why? 1) A break out from price action and RSI resistance as price action falls on historical support. 2) Multiple oscillators printing bullish divergence over a 7 week period. Amazing. 3) The target is $8....
On the above 2-week chart price action has corrected over 80% since the sell signal last February. A number of reasons now exist to be bullish, a few of which are: 1) A buy signal prints. 2) Regular bullish divergence. Currently 10 oscillators are printing divergence on the weekly chart (below). 3) Support and resistance. The yearly chart (bottom - each candle...
Market Structure Bullish on Higher Time Frames Strong Weekly Bullish Close Weekly and Daily around same AOI Previous Daily Engulfing candle Weekly Rejection at AOI Daily Rejection at AOI Daily EMA retest Around Psychological Level 1.46000 Looking at a potential continuation to the upside REMEMBER: Trading is a Game Of Probability :...
We started with continued upside movement with Friday creating the shift in market structure. My overall bias was bullish and still is on a macro perspective up to 4.40%. Thursday and Friday were the days that we witnessed buy stop raid before a reverse which gives me the idea that we are in the cards for some form of continued retracement, at least up to the...
Trade Update for the last EURUSD Trade Idea. We are holding it all the way through this time.
Gold is at a very significant level for either a turn or a bullish trend continuation. To keep it simple and straight to the point, if gold was to close above the 2036.95 level then its a continuation of the bullish which align with the bigger time frame. But if we're to reject that 2036.95 level, then it's a turn to the downside
Multiple time frame analysis for Dollar Index. Daily/4h time frames analysis. Price action. Key levels. Potential scenarios. ❤️Please, support this video with like and comment!❤️
Technically speaking, price action on the EUR/GBP cross has been rangebound since late 2016, which is evident on the monthly chart. However, what this ranging action has offered technical eyes is a potential Head and Shoulder’s Top pattern to work with between £0.9306, £0.9504 and £0.9066 (if you wanted to be more technical, you might also refer to this as a...
H4 Analysis: Expectation remains the same as per analysis yesterday (26/02/2024) -> Swing: Bullish. -> Internal: Bearish. -> Sub-Internal: Bullish. -> Has reached EQ. I have marked sub-internal in red due to the significant range of the internal structure. Price has printed a bullish sub-internal iiBOS. which indicates that we are still in the pullback...
Weekly Bias is UP, Daily is UP as well. We have an AB=CD which happens above the 38% retracement of the bigger swing up. (some people might refer to this as a high-tight flag). 30 min is showing divergence. The entry is a breakout after multiple inside bars pattern also known as a popgun pattern. The risk to reward to the previous all-time high is 1 to 5 if no...