Go higher. The rationale behind : 1. Sentiment on open positions of retail traders 2. Data from the latest COT report on positions of major players 3. Cumulative metrics of technical indicators
The 1st Quarter of the year has come to an end and buyers dominated the market for the past 3 months. And price closed at the previous years high. The question going into the mind of trader is, “will the bullish strength continue ? Well,to get answer to that, we’ve been able to identify couple of trend-lines & key levels to help us navigate the potential...
gbpnzd seller taking chances after lq has been taken and retested giving us a strong resistance zone as price drifting a drop for a support/sell side lq
EURGBP Triggered sell stops after new impact run the lows for momentum to be stabilized upwards. This is how important to keep note of news regardless to your stoploss
GBPNZD on a bullish momentum towards a key liquidity level
EURAUD we are expecting a drop on Australian dollar as of NEWs impact is on our side NOTE: BE AWARE ON NEWS BEFORE EXECUTING
This Week we Say OANDA:XAUUSD was Super Bullish, But is It? gold has Engineered Liquidity up and Down, I believe its going up to Hit Retail Stop loss and then Revert to go Down . I have noted Levels that I am interested in Chart Another Confirmation : If you Check #Gold Seasonality, Normally OANDA:XAUUSD is Bearish in October and November...
Hey Traders! 👋 For Day 27/100 of our challenge, we will look at GBPJPY for upside potential this week/month Technicals: - Overall uptrend - Breaking into a new high - Currently in impulse phase - Expecting pullback towards 174.0/5 - Targeting daily key level 176 - Idea invalid if 172.6 breaks Other technicals: - Seasonality forecasts more upside this month -...
NAS100 maybe a long move upward taking out BMS and targeting LP, We expect price to bounce back at trend line level for a masive sell(RETAIL TRADERS) OR refilling the IMB gap above the trend line then takes a deep bearish movement
GL to all... Do your research, trust nobody, look first then leap, and don't trust your "feelings" that much...
Entered this long with a buy limit, let's see how it goes. Posted late
If you check at least 3/5 on the below we might be in the right place. 1. Depressed 2. Tired 3. Stressed 4. Scared 5. Out of money to buy more I do not know about you but I have been through all of the above over the last 12 months! I made tons of mistakes no doubt about that! BUT i wIll not make the biggest one, panic sell at the bottom or in the first...
Coinbase premium has significantly dropped to the negative territory. With more institutional traders on Coinbase and more retail traders on Binance, the Coinbase premium over Binance’s BTC price has been a good gage of the institutional trader sentiments. Institutional traders have been willingly paying premiums throughout the past 2 years of crypto market boom...
Some similarities between 2000 vs 2022 1. Before reaching ATH the index did a very sharp decline of 33% 2. It took the index 17 bars to reach an ATH vs 20 now 3. Found support on 40SMA after 9 months from ATH vs 7 now 4. Mass retail participation 5. .com mania vs crypto mania? (did luna just popped the bubble?) 6. Interest rates were falling back in 2000 vs...
Showing signs of entry for Swings to Downside Huge Risk to Reward leading into NFP (Next Week)
I will be taking a long position of NZD/USD on Monday, Everything checks looks great, Will be risking 1-2%
It's a simple story, Going long on UC as soon as the sell structure gets broken
EURUSD SMC trading - Massive bullish candle on higher time frame - Bullish short term