BONK broke out of the upper trendline of a descending triangle, came back and tested it for support, bounced off and heading upward in this fourth 15 day cycle.
Analysis - Higher Timeframe analysis. - I only see buy's on the M, W and D. - Price has hit support on the 4H TF - SL just below the wick of the previous bullish signal. - Heavy news on Thursday so we may pull out early. - Nothing too complicated here. Action - Ideally, I should have waited until the 4H candle wick formed, but the 1H TF was showing strong bullish...
I usually dont like playing the most manipulated pair in forex but here we are! We start on the daily timeframe and we see that the EUR/USD is breaking the downtrend line and the RSI is curling and showing sign of bottoming. WE then go to the 4HR timeframe and our strategy printed a buy signal after the bearish RSI was corrected. For this trade we took an...
On the weekly Timeframe we have price clearing the Previous week High. Still on the weekly timeframe we have price trading at a bearish breaker. Boiilng down in to the H1 Timeframe. 1. We have a change in the state of delivery (CISD) thereby indicating bearishness. 2. We have a run on stops/stop raid inside the weekly bearish breaker. 3. We have price reacting...
After a break of structure target the hight point and enter a sell order min 1:3 R:R.
H4 Analysis: -> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. As mentioned yesterday (21/02/2024) I was awaiting price to print bearish CHoCH to indicate, but not confirm, that bullish pullback is complete. First structural indication that pullback is complete would be for price to print a bearish CHoCH which we now have. Current expectation,...
A potential area for a low-risk high-reward trade. The area marked is an AB=CD move that will happen above a prior high which means stops might be taken which will provide ample liquidity for a move down. Additional confluence - this happens at the 61% Fib retracement level, and also the 200EMA of the 4-Hour Chart. Overall the price is at the 20 Daily EMA area so...
Some idea came to my mind. The long-term trend is up. On the daily, it is obvious we are in a consolidation area. Weekly is bullish, Daily is bullish, but... Open the 4 Hour chart or the 2 Hour one and it won't be hard to spot all measured moves or AB=CDs. Each one of them was a great opportunity for a small stop-big reward trade. See the blue line that is...
Hello traders,today we are analyzing OANDA:EURUSD on 1H TF. As we can see the market structure is Bullish,market creating HH-s and HL-s Where we can buy? 1.We can buy after market take out X,with SCOB confirmation... 2.We can buy on Extreme OF or OB,OF have much more probabillity than OB...Wait for LTF confirmation and than buy. Best regards for entire...
FOREXCOM:XAUUSD Over the past few days, we have been keeping a close eye on the price movement of a particular asset. Our analysis indicates that there has been a notable uptrend, which has been consistent and strong. Upon closer inspection, we have noticed that the price has formed a period of consolidation between the 61.8 and 50 Fib levels. Currently,...
This is my Intraday analysis on EURUSD for 21 Feb 2024 W8 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...
I posted earlier a confirmed bullish breakout on a daily on EURJPY. We see a strong intraday bullish confirmation now. The price formed a horizontal range on a 4h time frame, the resistance of the range was broken with a strong bullish candle. Growth may continue on the pair. Goal: 163.4 ❤️Please, support my work with like, thank you!❤️
Repeated Break-Of-Structure observed on 4H and 1H timeframe. Potentially a signal of XAUUSD might start going downwards.
In this live trading session video,we look at current live open positions on BRENT, GBPUSD, EUR and potential trades coming on Bitcoin,Etherum,US30, etc and the thinking behind them.
4hr looking bullish with buy side available to grab, generated from ny open today
Part two of capitalising on a bullish liquidity run on buy stops. To reiterate over the prior trade that I documented, my SL was hit with me in a extra $158 profit hence the reason I was doubling down this time round, with lower risk of course! The goal was to utilise HTF to engage short with confluences such as order blocks and multi pair divergences and...
COINBASE:BTCUSD Bitcoin short squeeze is coming with an aim to touch the sweet sport before a huge decline or a retracement. Not shorting yet.
FX:USDJPY The currency pair USDJPY showed a remarkable upward movement, which was followed by a period of consolidation near the highs. During the consolidation phase, the price has been creating lower highs, indicating a potential change in the trend. If the price gets rejected at the downward trendline or this zone, there is a possibility that the lows could...