Keep trading simple. - 4 HR Resistance - 2HR Triple top (multiple taps at structure, pin bars and engulfing candles) - 30MIN and 1HR timeframe also have triple tops with bearish price action - Looking for 20 PIP SL for a 60 PIP reward (simple 1:3RR), could even go lower
BTC has now started respecting bearish FVGs on the 4h time frame. As such, the next major buy for BTC reversals should be somewhere under 60k for the time being. Happy trading!
Continuation of trend!! Market Structure Bullish on HTF (Weekly Daily H4) Weekly Rejection at AOI Previous Weekly Structure Point Weekly And Daily At same AOI Daily Rejection from AOI H4 EMA retest Around psychological Level 1.47000 Entry At H4 HL Point 90% +3 REMEMBER: Trading is a Game Of Probability : Manage Your Risk ...
As we can see from the Daily chart we have inverted head and shoulders with a break above the next line. Also price broke and closed above the resistance level. I will be looking to go long once I get enough confirmation....
In this live trading video,we explore the 3 lessons that we learnt on missing the Brent oil trade. You can cross transfer these principles on any strategy.
Previous weekly candle closed within this resistance. Current weekly candle could just be a fakeout before moving lower. See where this week closes along with the monthly candle
On the above 3-day chart price action has corrected 80% since March of this year. (Remember 90% of traders lose money, this is now reflected in price action). A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Price action finds support on the Golden Ratio. How you should think of this, there’s more buyers now...
This is my Intraday analysis on EURUSD for 15 Mar 2024 W11 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish INT Bullish / Continuation Phase Swing Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and mitigation of...
On the above weekly chart price action has corrected 80% since late 2021. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Price action confirms support on past resistance. 3) Trend reversal. The first higher high / higher low has printed since 2021. 4) A pennant formation with confirmed breakout. A reliable...
The last week kicked off with bears challenging the previous week's low (505), coming close to success. Bulls stepped in, mounting a strong defense and steering prices back to a historical high. It might have been a convincing victory if only they could have sustained it until Friday's closure, but that didn't materialize. Friday concluded on a bearish note,...
H4 Analysis: Analysis/bias remains unchanged from yesterday's 14/03/2024) analysis -> Swing: Bullish. -> Internal: Bullish. Price printed a swing BOS and subsequently a bullish iBOS. Bearish CHoCH has been printed. We are now trading within an internal range. As mentioned 11/03/2024, bearish CHoCH, which is the first structural indication, but not...
Dollar Index may drop from a key daily resistance. I see a strong bearish confirmation on an hourly time frame. Goals: 103.19 / 103.05 ❤️Please, support my work with like, thank you!❤️
OANDA:US30USD On Thursday, the US30 index experienced a sudden surge in value, reaching a new high. However, the market quickly reacted, and the index dropped down to retest a crucial support level on the 4-hour chart. This support level represents a significant structural break, and its successful retest could provide an indication of the market's direction....
FX:GBPCAD On the daily timeframe, GBPCAD has recently broken out of its previous trading range, which may indicate that its uptrend will continue. The most recent decline to 1.72200 is a retest of that daily level, which could potentially lead to an impressive upward move if the price manages to hold at this level. This would allow the bulls to regain control...
Long line measurement, past halving high, current price measure, future dated location map, temporary potential, bitcoin triangle, bitcoin into triangle, bitcoin falls out of triangle, short term loss in prices,.
Cover previous vector candles by crossing down the target line and swing back up to 50-100%. Order placed. Just be patient and see!
Weekly: -Inverse H&S pattern. -Bullish imbalance active. -Equal highs as the next weekly target. -Previous week high broken is acting as support. Daily: -Bullish M pattern. 4H: -First entry type. -Inverse H&S pattern. -OB/IC.
FX:AUDJPY AUDJPY has been moving sideways within range on the 4-hour time frame over the past few days. The most recent upward movement reached a double top before being met with resistance, causing the price to fall and test the 38.2 FIB level. This level is a significant structural support level as all previous price rejections have occurred at this point. If...