GBPJPY has broken its previous low and has formed a FVG. There are chances that after market retest, it will move towards bullish.
This is my Intraday analysis on EURUSD for 20 Mar 2024 W12 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish INT Bullish Swing Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and mitigation of 4H/Daily Demand zones, we...
Gold has been in a major uptrend creating higher highs. Once those higher highs were made price started consolidating and rejecting off of those highs down to the .236 level on the fib. We also have consolidation on each level of the fib on a micro time frame. Looking for price to retest a major level of structure and retrace to lower level of structure.
On the above 5-day chart price action has corrected 95%. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Support confirms on past resistance (November 2019), look left. 3) The falling wedge allows us to forecast the cycle top as measured from the swing high to the swing low, 1700%. Is it possible price...
H4 Analysis: Bias/Analysis remains the same as yesterday's Analysis dated 19/03/2024 -> Swing: Bullish. -> Internal: Bearish. Price had printed a swing BOS and subsequently a bullish iBOS. Swing range confirmed. Price has now printed a bearish iBOS to confirm swing pullback has initiated. Scenario 2 played out from previous analysis whereby it was...
FX:USDJPY Preference: We have reached a critical level on the Daily. If the bears begin to lose momentum, we should consider a few support levels. The 50, and the 61.8 on the Fib are micro-structural levels, and there is a good chance of a retest. Monitor price action at this level to see if the bull run will continue, or if the bears will take over....
On the above bi-weekly chart price action has corrected over 90% since the sell signal (not shown) at $30. Now is an excellent long moment. Why? 1) A strong buy signal (not shown). 2) Price action and RSI resistance breakouts. 3) Bullish divergence. Multiple oscillators are printing positive divergence with price action. Is it possible price action falls...
Euro-Canadian dollar personal analysis: The price has reacted several times in the support area of 1.4717 and failed to break through the resistance of 1.4779. We should probably see the reduction of the downward trend, first the support of 1.4717 and then the next support of 1.4680
The Dragon has been surging since the start of the Year even more after my initial trade idea from January which did hit my first target of 185 it has now rallied to new highs and sitting at a key Monthly level so what next ? Personally I think once again we have a nice shorting opportunity as we are at a key Monthly resistance level that goes all the way back...
FX:USDCHF Preference: USDCHF has been in an uptrend since the end of December. Towards the middle of February, price started to consolidate. In that process, a break in the upward trendline formed a double bottom on the daily, resulting in a continuation of the uptrend. Price has broken above the high, clearing the 61.8 level on the Fib. If price holds at this...
Failed to break support on the trendline going long to create a 3rd touch of the trendline keep in mind that nas100 is always a bullish market
FX:GBPUSD GBPUSD has been in a steady downtrend since March 8th. The pattern that started this trend reversal is a double top at the highs. After the formation of the double top, we've had pretty healthy price movement during the price decline. With the retest of the previously broken structural level of support, we could see a fall to the 78.6 of the 88. on...
Hello guys . Today I want to talk about one of the possible big opportunity for this upcoming altcoin season . as you might guess on the title of the idea ; I want to analyzing APTOS which is also m favorite ALTCOIN to hold . So let's jump straightly into the content : before start , I like to mention that the technique for my TA is : 1_ first of all we are...
OVERALL MARKET IS BULLISH , LOOKING FOR BUYS ANALYSIS:- 1. Bullish market structure 2. 1HR resistance retest 3. Bullish engulfing formation- 1hr candle SL 1.65800 ENTRY:- candle close BREAKEVEN:- 1.66650 TP 1:- 1.66770 TP 2:- 1.67300 This is my analysis and my trade setup. I am sharing this idea and not giving any signal. use your own strategy and analysis to...
TL;DR June/July of 2021 and December/January of 2022 have the following notable similarities: - One big flash dip - 3 mini peaks followed by a further dip (Bottom) - Recovery and sideways action before *one final dip somewhere in between both of the lowest wicks*(still to come) While looking far and wide for some hopium during the latest dip, I decided to check...
Weekly: -Bullish M pattern. -IC. -Imbalance. Daily: -Bullish M pattern. -IC acting as a magnet for price. 4H: -Bullish imbalance.
On the above 5-day chart price action has corrected over 90% since April 2021. Now is a good opportunity to go long. Why? 1) Price action and RSI resistance breakouts. 2) Price action finds support on past resistance. 3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 90 day period as was the previous. 4)...