Hey everyone! What's going on! Hope you guys are having an amazing week so far. Just wanted to get on here and post analysis for a potential setup I see on Brent Oil here on the daily timeframe. So let's dive in! OK so what made me actually see this as potential was first off on the weekly chart. Price had pushed down from the $96 dollar range falling to the low...
If the seller reaches the range of 54,000-55,000 (taking liquidity below 59000), and the buyer returns the price back into sideways movement (above 59,000), then the likelihood of seeing new buyer momentum with a new maximum significantly increase.
On the above 4 day chart price action has risen 800% since last October. A number of reasons now exist to be short, including: 1) Price action support has failed. 2) Regular bearish divergence. This negative divergence can also be found on the BTC pair of the token (below). 3) Price action is following the Gaussian channel after a strong rally as shown on the...
US30 TRADE PREDICTION BULLISH SETUP if you like the idea support please hit the like button and show some love wish you good luck and good trading
Daily Bearish Stay Bearish bias until 1hr -OB is closed above with a displacement candle @ 83.25 In this chart I am illustrating why IMO, this is a High resistance Liquidity run and not LRLR. The Price in the circle is Balanced, so for price to cut through this with ease is difficult all be it we have a signature LRLR bellow. So if a bearish setup appears don't...
There is a nice scalping buying opportunity on NZDCAD. The price test a solid rising trend line on a 4H time frame. As a bullish confirmation, the price formed a double bottom pattern on 30 minutes time frame and broke its neckline. We can expect a bullish movement to 0.8147 / 0.8158 levels. ❤️Please, support my work with like, thank you!❤️
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has now printed a bullish iBOS aligned with swing structure. Following bullish iBOS we expect price to pullback. Price remains in pullback phase and is now is discount of internal structure where it is expected the strong low to hold. Intraday expectation: Price to target weak internal high,...
The stock has given a multiyear Breakout in Monthly and continuing its momentum strong. It has decisively broken resistance ranges of multiple years 2010,2014,2015,2017,2022,2023. One may consider to enter on current market price and accumulate on dips for a target of minimum 410.
D1 - Bearish convergence Currently it looks like a pullback is happening. No opposite signs H4 - Lower lows Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
This is my Intraday analysis on EURUSD for 30 April 2024 W18 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment Sentiment from Monday (April 29th) could carry over to Tuesday, depending on the outcome of Eurozone data releases (CPI, GDP) and US ( Consumer...
SMCI SHORT entry at 939.65, stop loss at 650.06, two targets down at 610.49 and second target at 360.74 which is too far for a second target but I'll keep adjusting my targets as the graph moves.
Starting from a weekly perspective, we can see that BTC has been bearish for 5 consecutive weeks, with none of the weeks printing as an ‘inside day’ suggesting volatility through the week. The weekly lows made during the week of 8th April and 15th April 2024 still has not been traded to and through, implying sluggish price action when delivering. This is not the...
After a prolonged appreciation of price, last week Monday saw a gigantic sell off with little to no manipulation, closing below may pools of intraday sellside liquidity indicating that a minor retracement in comparison to the grand scheme of the bull trend is acceptable and further downside is likely, at least down to the daily bullish order block located @ 2306 -...
Slow and steady wins the race and it can be said that for the past 2 weeks, Euro has been in a buy programme, creating minimal fair value gaps before booking @ the weekly bearish order block. But on closer inspection, when Euro retraced up into the weekly order block, the median threshold @ 1.08586 failed to break nor test which gives me the suggestion that the...
Starting off with a topdown perspective of Cable and we can see that the sellside imbalance buyside inefficiency has been balanced with todays price action but the weekly order block located @ 1.26479, although partially rebalanced, there’s a chance price action could be repriced to and through the order block but that also means that dollar will need to continue...
In comparison with ES and NQ, YM has been more disciplined in terms of following market order flow as there are few liquidity gaps present and the ones that are present (such as the one I outlined last week @ 38238 - 38150 was respected going into last weeks trading. I must note that Thursdays sell off through the newfound liquidity void has meant that smart...