H4 Analysis: Analysis/Bias remains the same as post dated 10/03/2024. -> Swing: Bullish. -> Internal: Bullish. Price has printed a swing BOS and subsequently a bullish iBOS. We are now trading within a fractal high and internal low. Expectation is for price to pullback to H4 POI and 50% EQ, both of which are located at the same position, before...
FX:USDJPY We have a strong, impulsive move to the downside on this pair and the bears still have the momentum. If price closes beneath the .382 on the FIb we could see a continuation of this trend until the .50 Fib is reached. We have a few rejections at the highs so there is a good chance that we may see a retest this week. We could also see a rejection at...
FX:EURCAD We had a steady uptrend on the 2-hour time frame until we reached the 1.47800 level creating a double top. From that point price reacted with a hard rejection, pushing price to retest the .382 level on the Fib. Price held at that level created a micro support level rejecting again to retest the highs. Once the 2-hour double top was retested price was...
ALGOUSDT is approaching a critical juncture, nearing a key resistance level of $0.2727 on the weekly chart. This analysis explores the potential for a breakout and the support levels to watch in case of a pullback. Technical Analysis: Resistance: $0.2727 (Weekly) Support: $0.2199 (Daily), $0.1594 (Monthly) Volume: Decent Buying Pressure Moving...
📊Analysis by AhmadArz: 🔍Entry: sell:0.758 buy:0.598 🛑Stop Loss: sell:0.788 buy:0.562 🎯Take Profit: sell:0.726-0.687-0.654 buy:0.662 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to...
Considering the prevailing bullish sentiment in the market and the pattern observed on other cryptocurrencies throughout the crypto sphere that have broken out of a prolonged accumulation phase, it can be expected that DCR will eventually follow the general trend and repeat the pattern that we have already seen on many other coins. Decred has been facing...
Looks like we are finally breaking out of the 1.73 resistance that has been holding for just over 2 years now so what next? Looking at the weekly chart buying momentum has slowly been building up around the 1.73 level evident with the lower highs forming and then last weeks huge green candle to push through and close above 1.73. (see daily chart...
** Trading opportunity ** On the above 8-day chart price action has corrected 95% since April 2021. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Regular bullish divergence. Seven Oscillators print positive divergence with price action over the last 3 to 4 months. 3) Support and resistance, price is on...
Weekly Analysis: Bias remains unchanged from last week's analysis dated 03/03/2024) -> Swing: Bullish. -> Internal: Bearish. -> Did not reach EQ. Price has finally printed a bullish swing BOS Most likely scenario would be for price to pull back following swing BOS (Break Of Structure) First structural indication, but not confirmation that pullback has...
An ascending trend has emerged, confirmed by the upward movement above the bos level. At the bottom, there is a mirror level on the daily 1D timeframe, next to which there is a local 0.55 Fibonacci level, creating conditions for further upward price movement to liquidate liquidity beyond the previous high (ph) / Fibonacci 1.382. At the moment, I expect liquidity...
On the above 4-day chart price action has recently corrected 50% since a sell signal in late January (ask below if you wish to see). A number of reasons now exist to be long.. 1) You know why. 2) Price action finds support on the golden ratio. 3) There is a positive divergence between RSI and price action. 4) The bull flag channel, naturally a bullish pattern...
Assalam-o-Alaikum, I want to discuss the CADJPY pair with you. The market structure is bearish on the daily chart, but there is strong support at the current level. On the H4 chart, the market structure is also bearish, and there is a chance that the market will retest the previous low and move upwards (FVG). Based on these two pieces of evidence, it seems we...
Okay so after observing GU on the weekly, there seems to lie a supply zone being the next target for the bulls, so this analysis is just a continuation to the weekly target
Look for a pull back into 1 hour FVG to sell down to take out weekly lows, and potentially down to tap into FVG inside of 4H BPR If we break below the 4H BPR we can potentially continue bearish to grab more SSL (Sell Side Liquidity)
Gold was in a monthly range zone, which managed to get out of it, on the monthly chart, we are expecting a pullback to that range zone.
Looking for price to sell down during the upcoming week. There are several inverted hammers leading up to the end of the week with very long wicks. Price is also under the 200/50 EMA.
This is my Weekly analysis on EURUSD for 11-15 Mar 2024 W11 based on Smart Money Concept (SMC) which includes the following Time Frames: Weekly Daily 4H Economic Events Weekly Chart Analysis 1. Swing Bearish Internal Bearish Reached Swing EQ (Pro Swing + Pro Internal) 2. After the Bearish iBOS we expected pullback, price tapped into...
Very interesting end of the week for GBPCAD. Price made a strong and clean break above the weekly level at 1.72769. It'll be very interesting to see how this pair trades for the weeks to come. If price can hold above this level, I think we'll see very explosive momentum.