Hey Traders, In the world of trading, there are different ways to approach the market. Some traders stick to one way of looking at things, while others like to check out a bunch of different stuff. Successful traders come in all sorts, from quiet types to more outgoing ones. Let's check out two examples before we talk about our own styles. The Organized...
That can be a valid entry for an Upthrust from an obvious support/resistance line. Previous high taken and price reverses. Some people call this a fake-out, you can see it as a double top in a downtrend. It's a matter of interpretation. The longer target is the 1 to 1 AB = CD shown in the chart. Higher timeframe confluence: Daily is below 10 EMA although overall...
BTC trend seems to have reversed to bullish right now. If the new bullish trend continues for the next 3 weeks and FLUX breaks out of the resistance, It has the potential to reach 1$.
EURJPY is trading in a bullish trend. After the price set a new higher high on a daily, it retraced to a key daily horizontal support. Test of structure made the pair start consolidating. The market started to coil within a narrow horizontal trading range. The resistance of the range was broken today. It is the important sigh of strength of the buyers. We...
Market Structure Bearish on Higher times Frames Strong Bearish Weekly Close Weekly Rejection at AOI Weekly EMA Retest Weekly and Daily Around same AOI Previous Weekly Structure Point Daily EMA Retest Daily Rejection at AOI Around Psychological Level 0.83000 H4 EMA Retest REMEMBER: Trading is a Game Of Probability : Manage Your Risk ...
Market Structure Bearish on Higher Time Frames Weekly strong Bearish close (Sellers in the market) Weekly and Daily at the same AOI Weekly Rejection at AOI Daily Rejection at AOI Daily EMA Retest H4 EMA Retest REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is...
Market Structure Bearish On Higher Time Frames Buyer's Rejection On Previous Weekly Close Weekly Rejection at AOI Weekly And Daily Around same AOI Daily Rejection At AOI Daily Previous Structure Point H4 EMA Retest TP at previous lows with a lot of rejection REMEMBER: Trading is a Game Of Probability : Manage Your Risk ...
USD/JPY - Monthly Bearish Cycle We expect USD/JPY start selling on "ENTRY AREA" (123.900-171.434). We consider safe selling entries the points: A , B , C towards TP area (76.000) TP Area closes the Monthly Bearish Cycle.
OANDA:GBPUSD - The price has no trend. Supply and demand areas are good points to enter a trade. Of course, according to the news.
Hi everyone My name is Mohammad Hossein and I have been professionally monitoring gold waves for 6 years. I have analyzed from weekly to hourly time In the long term, I expect a downward movement until 1810. But in shorter waves, I will prepare to sell by completing the abc correction and take profit at least until the price of 1953. Take care of yourself and...
Seizing intraday opportunity based on Smart Money Integrated with Ichimoku Kinko Hyo + FVG. The narrative is channeled toward Arabic speakers trading in CASE. Disclaimer: My analysis is not an investment proposal; Please consult your Investment Advisor and/or your Wealth Manager for your investment decisions.
My personal opinion is that as long as the price of the US dollar against the Canadian dollar is higher than the support of 1.34023, the current market trend is bullish.
H4: -> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. After the swing BOS price aggressively moved to the upside. Price printed double bullish iBOS to confirm swing pullback phase is complete. Currently internal structure remains bearish and trading sideways in a large internal range. Expectation remains as yesterday, for price to continue to trade...
Canadian Dollar US Dollar Analysis Personal Comment: The USD bullish structure inside the bullish channel stopped at 1.35421 and contacted the bottom of the bullish channel. The first possibility is that due to the decrease in demand for the US dollar, we will see a resumption of the downward trend in the market.
AUDCAD is on a bearish trend on HTF but currently on a retracment. Giving us HH and HL which makes it bullish on the smaller TF Price retracing to the LQ found @0.88664. Im looking at it grabbing that and moving down to the OB below before buying up. Looking at entry @0.88583 We wait to see market reaction on that block.
Market Structure Bearish on Higher Time Frames Strong Bearish momentum Entry At Daily AOI H4 EMA Retest Around Psychological Level 0.89000 All Time Frames are Bearish (H4 D W) Weekly Rejection at AOI Daily Rejection At AOI REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient :...
Sold the 58 strike on XLU yesterday afternoon. It hit a weekly level and looked like it wanted to stop selling with small candles on the down move. Kind of in between the higher time frame declining -1 sig and the rising -1 sig with the best inflection point on VWAP. It's that weekly rejection that I'm anticipating happening. The strike is positioned at 58 which...
I'm already short SOXL puts down at 22 set to expire, and was looking to get on a full condor. The resistance side has a bunch of spikes from early 2022 on the weekly that are all tested levels. Inside the last spike is a Daily level 45.58 that is likely where the rally is headed to find liquidity. When it tests there, I will look to sell calls at or above 57.50 or 58.