Hey traders, EURJPY reached year's highs. I expect a pullback from the underlined blue structure to 143.06 / 142.63 levels. I see a tiny little head and shoulders pattern on 1H time frame, confirming the strength of the underlined resistance. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Price was creating lower highs and lower lows on the 4H which indicates a downtrend. After a 4H break of structure, price retraced to a 4H bearish orderblock. I went down to the 30min timeframe and spotted another break of structure and currently awaiting a retracement to the orderblock that caused the bos doing london or New York.
As we can see major support stop the price from falling and now We can expect pump here like the green arrows mentioned on the chart. <>
As we said before the price is near major support zones and we are looking for a pump here to the targets mentioned on the chart. <>
We're already in. Came to computer and a trade popped to me immediately. Will see how it goes.
i see this pair ready to drop for more than 300 pips, when creating the 5th wave( we can see the elliot wave pattern as ending diagonal)
Just a quick update on the idea I posted on the DXY Dollar index yesterday were I said I suspect there would be a correction after taking out the 2002 September high which was located at a Monthly SUPPLY/SELL zone, correcting down towards the 103 area before then moving higher towards 117. I wrote yesterday that I wanted to see a Daily close back down under 110...
On September 1st, gold touched the previous low at 1,692.50. Price approached this level again on September 7th and failed to breach significantly lower. The strong reaction represented by the large bullish bar is a sign that there is buying pressure. Demand is potentially there. I think there will be a clearer indication of this once price breaches above the...
Monthly: -Price is sitting on a strong area for a possible reaction to the upside. Weekly: -Price is failing to create a LL. -Last weekly bullish candle could get filled. Daily: -Inverse H&S pattern. 4H: -Fib completion. (-27)
WTI CRUDE OIL on daily TF. There's two zone for scalper to make money. Let's see how price react.
Make it simple. Crude Oil weekly TF analysis. Just find the supply demand area, or you may use Fibo to know where will the price possibly go. For swing trader, just wait. For scalper you definitely can take a bite.
There's a S&D zone. Let see how the price react to that zone. For scalper you definitely can take a bite there.
Top-down analysis on S&P500 index. Key levels, price action. Potential scenarios & thoughts. ❤️Please, support this video with like and comment!❤️
Update 07/09/2022 1 Structure 1/2: Bear 2 imbalances : Correction target marked 3 Current Move1/2 : Corrective 4 Entry TF : D1 4.1 ETF Structure: Bull 4.2 move : impulse 5 Support Resistance: Pull Back support waiting 6 FIB: waiting according to drawing for buy entry 7 candle Pattern: shrinking candles 8 Chart Pattern: 9 Volume : decrease correction now 10...
Seems to be a good overall very quick play. Orders are set, let's see how it goes.
AU Is currently in a downtrend and has broken below the previous LL, I am anticipating price will pullback the resistance zone and show signs of rejection within that area. On the 4H timeframe I have connected my fib and I will be placing my trade on the 61.8 zone at the resistance area as indicated.
EUR/JPY spikes over 1.2%, more upside on cards EUR/JPY trades with bullish technical bias. Momentum is bullish, volatility is high. Price action is above cloud and Chikou span is biased higher. Scope for further gains.
Sharp and strong stamping and we are likely to see it at the very strong demand area from where we get a strong signal that God willing