After a strong upward movement, gold has reached the resistance range of 2140 - 2148 significantly. It seems like it's time for a correction now. If gold wants to correct due to today's news, we can set our target at 2090, which is an important support level for gold. Gold Support: 2080.5 - 2088 Gold Resistance: 2140 - 2148 And the price of 2120 determines the...
in my next limit order that I promised you last month, I have chosen PEPE because I am currently interested in how PEPE forms the cup and handle pattern. Of course to be more sure when you can get in would be the breakout as it sometimes happens that a coin only fakes the cup and handle. However, I have now personally bought Pepe here and placed further limit...
The price, after reaching the order block in the 4-hour timeframe, is ready for a long position with this pin bar candlestick.
#MANA Possible Long Setup Entry: Now (0.4743) SL: Hold (will Update it) Target 1: 0.4996 Target 2: 0.5265 Target 3: 0.5523 Target 4: 0.5954
for bitcoin in 4H time frame, i expect market structure as drawn on the chart
It appears that the price is approaching the 4-hour Point of Interest (POI), which looks promising. Additionally, I've noticed that both the 4-hour POI and the 1-hour Order Block (OB) coincide. Therefore, I anticipate a favourable reaction in this zone with a potential upward bounce. Please write your opinion on this analysis in the comments. If you find the...
looking for these two position reaching to 1H OB (Red), go for short, and by reaching 1H OB (green) go for long
After Breaking POI 4H to the down side , reaching to 4H OB would make a good opportunity for long. but according to my strategy, due to weak upmovement, pending order is not recomended. personally, I am waiting 1- to reach 4H Order block 2- check if new LLLH in 1H is establishd or not if market creates new LLLH i will go long after breaking recent high ...
4H and 1H both are in up trend, making good opportunity for long on specified points it would be my pleasure to hear your idea about the analyzation
I've observed a significant upward movement in the 4-hour timeframe, indicating a potential trend reversal. However, it's crucial to acknowledge the substantial fluctuation within the 4-hour Order Block, underscoring the need for confirmation. Despite the pronounced fluctuations, the 4-hour Order Block remains unbroken, and the overall trend is still bullish....
I was just looking at the MARINADE MDE-USD COINBASE chart and had a hard time thinking this is the top. What does the volume tell you? Where is support? Where is resistance? Does a trade make sense? What timeframe are we basing actions on? Just a few of the things I think about. Because the BTC ETF decision is so close, I'll be quick to cut any trade....
SKILLING:NASDAQ As shown on the weekly timeframe price went on to take out our inducement zone and mitigate the weekly bearish order block with long and impulsive candles, this weekly analysis concludes that for the next coming months we can maintain a bearish sentiment unless willing to trade pullbacks which will be bullish. Price will be on an overall bear...
Back yet again with the Phase C continuation limit order entry model for swing trading, using ICT's SMC toolkit. This is again being documented as a reference for my future YouTube channel. This description took too long to write, sorry if price has moved away from where I got tagged in... So, these Phase C swing trades are proving to be a bane - the last one on...
Testing my own Phase C continuation limit order entry model for swing trading, using ICT's SMC toolkit. Fed sentiment: Hawkish? bond yields up/possibly more hikes/USD strength Trader sentiment: risk on? (Nasdaq rally/debt ceiling raise talks/inflation easing?) Supply/Demand factors: people still in employment and spending money means demand Overall sentiment:...
This is an updated plan for the macro Cup & Handle breakout Previous setup for the 30R Gold long didn't play out; the unconfirmed SMT divergence didn't get confirmed and there was no impulsive move away. The stop loss is larger due to the entry location. Not financial advice but if this trade idea inspires you, you could use an even bigger stop to avoid...
1. Price has come back to mitigate the 4H +FVG (Fair Value Gap) created on the 4th April, sweeping a PDL (Previous Day's Low) in the process to clean out the stop losses of anyone in early longs from this past week. This is an early entry signal and I have started to scale in with a scalp. (This higher risk trading, and not financial advice!) 2. Price has also...
Long scenario for this pair. Recent downmove was fast and powerfull. However in order to get lower, we might get a retracement up again. Also form a right shoulder on the D chart.
*SMC* = Smart Money Concepts. See related Ideas for tutorials In Smart Money, there are specific candle formation that will lead to a lot of clues to price action results. Yesterday FTM was the product child of those clues. Currently, the price has hit the top od the daily / weekly fair value gap. I just closed my long position because I expect it to retrace to...