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EURJPY SELL | Day Trading AnalysisHello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity EURJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
11
GBPUSD short term Longs to 1.22500SCENARIO 1 - My current bias for GBPUSD is to buy roughly were current price is at (9hr demand) but could expect a bit more downside and mitigate the 7hr demand zone for the buy setup to take place. Regardless we are expecting a wyckoff accumulation to take place in this POI. Targeting 1.22500 were the 8hr supply zone is located, we will then look for price to slow down momentum and distribute for a potential sell setup to form in either the 8hr or the 10hr supply zones. My confluences for the buys are as follows: - Price has tapped into a 9hr demand zone that has caused a change of character to the upside. - There's lots of imbalances left from the downwards push we had today so we are expecting that to get filled in. - Liquidity that was lying underneath the consolidation has also been swept hence why we are starting to see higher highs and higher lows. - Also for price to continue going down in a bearish trend overall I would be expecting for price to mitigate the 1.22500 level in order to continue going down. - wyckoff accumulation is starting to unravel as price was slowing down whilst entering the zone (good sign, as the rejection indicates price wants to go back up.) P.S. If price decides to push higher than our two supply zones and sweeps the liquidity at 1.23400 it will form a break of structure on the higher time frame indicating the trend will officially be bullish temporarily.
Long
by Hassan_fx
1
EURUSD short term Longs to 1.06650 SCENARIO 1- My current bias for EURUSD is that it will currently react off the (9hr) demand zone, which we will expect for price to accumulate in order for us to enter buys up to 1.06650. From were the (6hr) supply zone is located, we will then expect price to slow down and distribute for potential sells all the way back down to 13hr demand zone. Or possibly even lower as there's loads of liquidity lying around those POI's that I have marked out. My confluences for the buys are as follows: - Price tapped in a 9hr demand zone that caused a BOS to the upside. - Market is currently retracing due to the impulsive move up that happened during the past couple days. - Imbalances are left from when price pushed down today that it needs to comeback and fill. - There's lots of magnets that attract price in the bullish directions i.e untouched Asia highs and trend line liquidity. - Price is creating higher highs and higher lows and has shown this via a change of character on the 4hr as well as a break of structure on the 4hr to confirm the shift in trend. - In addition for price to continue going down in a bearish trend overall I would be expecting for price to mitigate the 6hr supply zone above in order to continue going down. P.S. For now I would be expecting wyckoff accumulation to play out in the lower timeframes to give us a indication of were we can find a sniper entry in order to maximise our risk to reward ratio.
Long
by Hassan_fx
1
DXY Dollar Index The Dollar Index (DXY) is presently situated at the upper boundary of a trading channel, accompanied by several concurring factors that suggest potential selling opportunities. These include the possibility of encountering resistance near the range of 103.380 to 103.450, aligning with a notable rejection point. Furthermore, there is the presence of the -0.618 bullish Fibonacci target, potential rejection candlestick formations on the hourly chart, contact with the 200-day moving average, interaction with a descending trend line stemming from November 2022, and the impending trading session tomorrow, which adds another layer of convergence to the analysis.
TVC:DXYShort
by ChartStrategist
Bitcoin Scalping Signal for Day Trading🖥️ We have determined there is a 60% chance Bitcoin will Fall from our current entry point. 📉 SHORT - BTC : $19,090 📉 💵 Length of trade: we are expecting BTC to hit a 200 scalp, with a high end of $300, and a minimum expectation of $150. 🕰️ Duration of trade: we are expecting this to occur within 1.5 hours of this signal for the Min. Profit Target. Then we see a maximum duration of 4 hours. ❗THIS IS A FAST SCALP OPPORTUNITY
Short
by VirlVideo
2
BTC Long Setups for todayBTC is creating liquidity at the moment by making a compression. Its being made for a next impuls push, i will be watching the price in the green box POI to look for bullish conformation to make a new HH. I will look on the 1 MIN for bearish structure breaking. And create a limit long on the retest There is still some Supply imbalances that makes it intresting to still look for a 3th push to the upside. Also there is an Eliot wave 5 inplay and at the moment writing this its in retracement phase/Consolidation phase. The long more below is intresting if price wants to test the lower levels demand and create alot off liquidty with a probability to move up with a strong impuls. No financial advice.
Long
by Dave_DayTrader
BTC Long setupBTC broke Out off an downtrend, tested liquidity to the downside and made a W pattern that is a Common bullish reversal pattern. BTC also broke the structure that made the Low on the chart Alot off signs BTC looks bullish and is ready to make a full reversal to higher targets Also BTC Completed a market cycle that consist off 3 Phases: 1: Accumulation Phase 2: Contraction/expension Phase 3: Impuls phase And is now back in accumulation phase and making ready for the next move, usually breaking out off the accumulation zone to the downside in this case with a Fake move to then move higher and reach the targets. I hope this helps you to create A long setup for BTC. Its also possible for BTC to already move higher from here or test the beginning from the impuls that made the HH. No financial advice.
Long
by Dave_DayTrader
Long Setup BTCBTC is in a 15min Compression close to an important point to gain. High probability market is building up liquidation to then make a HigherHigh push BTC is in a downtrend so take profits before the target. This is called a Fadeout play because you take the other side of what normal traders do when a breakout happens in this case is Shorting when it brakes out off the compression. It leads to building up even more liquidation for the market to then push higher en hit alot of Short StopLosses. If you have any questions feel free to ask. No financial advice.
by Dave_DayTrader
SLPUSDT Long ScenarioYesterday SLP broke out of descending channel also breaking the triangle. We have the first impulse upwards and it makes sense now to wait for a correction and enter the market before the second impulse. I would expect a bounce between 0.618 and 0.786 Fib zones. Also in that area market would retest the descending channel and triangle. Market made a liquidity zone forming equal highs so that would be my target. I would put invalidation level below the "e" of triangle. What do you think about this one? :)
Long
by Edwin_J7
2