On the weekly timeframe we have a sideways market. The current buyer vector is 5-6.
During the week 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. Levels are valid for a week, the date is in the title. The next morning I adjust the...
Weekly Analysis: Analysis/Bias remains the same as last week's weekly analysis dated 28 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...
Hey Traders im getting straight to the point on this one. #ApeWifHat is currently consolidating in between a neutral channel. Support has been found and tested numerous times around 0.00000002275. A clash between multiple key levels from different time frames is highly possible. I highlighted a red circle in the area I think the breakout could happen. I predict...
Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion
You may have noticed published ideas on tradingview.com are now calling for price action to take one direction and that direction is down. Don’t take my word for it, click on BTCUSD pair to the bottom right of this screen and then ‘ideas’ then ‘Recent’. A significant number of analysts are “short” at this time. The number of short ideas should not be surprising,...
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:...
I would normally want to see a deeper, full correction come in here (highlighted in yellow pen) but this is technically a completed ABC correction, with this last move down completing clear sub-waves. Being able to have confidence in a larger target is nice and i prefer waves for this, however dropping lower in timeframes/fractals i do prefer other techniques for...
AUDJPY - DT: SLO2 @ 156.20 ⏳ SLO1 @ 147.72 ⏳ TP1 @ 131.562 TP2a @ 117.00 (Secret TP) TP2 @ 107.982 TP4 @ 92.532 TP4a @ 90.50 (Secret TP2) BLO1 @ 88.82 ⏳ BLO2 @ 79.807 ⏳ 🔑 BLO = BUY LIMIT ORDER HTF = HIGH TIME FRAME SLO = SELL LIMIT ORDER TP = TAKE PROFIT Long-term time frames (1 week to 1 year): — Shows the big picture, revealing major trends and...
No don’t be stupid. However have lost count the times this question is asked. But price action is about to make a strong upward move. Why? 1) Price action and RSI resistance breakouts. 2) Strong positive divergence between oscillators and price action. 3) Flag breakout with confirmed backtest with 100% forecast. Is it possible price action corrects further?...
Market Structure Bearish on HTF Weekly Rejection at AOI Weekly and Daily Around same AOI Around Psychological Level Daily Rejection at AOI Strong Bearish Momentum H4 EMA Retest Rejection on H4 Time Frame Strong Level of Support Turned Resistance REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient ...
Setup from Previous week still valid; Market Structure Bearish on HTF Weekly Rejection at AOI Weekly and Daily at same AOI Daily Rejection at AOI Strong Bearish momentum Around Psychological Level 0.59500 H4 EMA Retest Around H4 LH REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay...
In this live trading session video,we look at the BRTUSD trade that got recently stopped out for a small loss on the 100k traders challenge account. We also look closely at the drawdown and why this is happening according to the strategy characteristics on both 50% OE and 20% OE strategy. Finally, we explore on what we should do about this by looking at 3...
BINANCE:DOTUSDT Polkadat price formed the price floor of 5.70 and broke the supply area of 6.87 and the price MACD is above zero. From the point of view of buyers, breaking the resistance of 7.50 can start an upward trend in the short term until the next resistance of 8.83. For sellers, the 6.87 low could trigger a bearish move towards the 5.70 support.
I mean its crazy to think of selling Bitcoin But think of it its been Pumped to all time new highs investors would likely take profit to enter(buy) at cheaper price
H4 Analysis: Analysis/Bias remains the same as yesterday's analysis dated 02 May 2024 -> Swing: Bearish. -> Internal: Bearish. Price has now printed a bearish BOS and iBOS as price needed a pullback from all HTF's Following the shift in structure we now expect price to pullback. First indication, but not confirmation, of pullback initiation would be for...
Looking for Impulse Down. Nzdusd will start to move down soon on retracement. Make sure you have your own rules on RR and follow them. This is just a trading idea to help you gain better knowledge. If you have any question ask me in comments. Learn & Earn! Wave Trader Pro