Pair: HTX:LINKUSDT Timeframe: H4 - Medium Term (MT) Direction: Long Technical Confluences for Trade: - Price have bounced off 61.8% Fibo retracement levels - Price action is within two different parallel channels; 1 acts as a bottom channel support and the other is within a supply-demand zone channel - Aiming for the 32.8% Fibo Retracement with 23.6%...
The GBP/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined pattern. Key Points: Sell Entry: Consider entering a short position (selling) below the broken support level, ideally around 192.80. This offers an entry point close to the perceived shift in momentum. Target Levels: Initial...
The EUR/NZD pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined bullish channel pattern. This pattern suggests ongoing buying pressure and a higher likelihood of further gains in the coming hours. Key Points: Buy Entry: Consider entering a long position (buying) above the broken resistance level of the...
Gold price on M30 will continue its sideways trend. After being in the price area approaching resistance and supply, the gold price begins to show a continuation of the sideways trend which is marked by confirmation in the form of an impulsive downward candlestick which forms a new swing and then falls to the next support area.
Gold will continue its sideways trend on the M30 after touching the strong demand area. Gold prices rose to form a new swing with confirmation in the form of a bullish divergent. Next, gold is expected to touch the next resistance area or sideways supply zone.
The EUR/AUD pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a triangle pattern. Potential Short Trade : Entry: Below the broken support line of the triangle, ideally around 1.6570 after confirmation. Target Levels: 1.6477: This represents the height of the triangle, measured from the apex (highest or...
The GBP/CAD pair on the M30 timeframe presents a potentially interesting situation with a bullish channel breakout pattern. Potential Long Trade : Entry: Above the broken resistance line of the channel, ideally around 1.7170 after confirmation. Target Levels: 1.7244: This represents the height of the channel, measured from the apex (highest point) to the base...
Dear Traders, First small bullish correction and then drop towards $2500 region, which will remain a key area for most of the institutional sellers. We also need to have different bias, where price may not make any corrections and just continue dropping from current area. Good Luck and Trade Safe.
💎 In the daily and weekly time, it is moving in an ascending channel, which is currently suffering after breaking the channel on the ceiling of the previous wave channel that broke. 💎 If this three-wave corrective movement ends in the green box area, I expect it to move towards the next target of the supply zone specified in the chart. 💎 The first scenario : in...
Price in the end of the move, but the OF still bearish. It's hard to decide to continue with the OF or wait for structure shift. -I see to continue playing shorts from decent POIs.
Last LUNC from november 2023 left much liquidity to grab. Most possible, but least trustable zoone is first at the chart marked with green demand box or red supply zones. Gold boxes are high quality zoones, for short or long either. BUY My favourite scenario is the one with hitting new low but as the realist i would buy in green and first gold box SELL One...
GBP/USD -gbp/usd have supply above the price -price have IMB and lq above it -If the price mitigate our supply don't enter without confirmations
The EUR/CAD pair on the M30 timeframe presents a potential selling opportunity due to the presence of a well-defined bearish channel pattern. This pattern suggests ongoing selling pressure and a higher likelihood of further declines in the coming minutes or hours. Key Points: Sell Entry: Consider entering a short position (selling) below the broken support level...
In time D1 and W1, it is moving in an ascending channel. In continuation of the analysis of the previous post, where we examined the upward micro-waves of wave C, in this post, the long-term trend of the currency is placed in the 3rd big wave or C, in the long term. Pay attention to this wave, regardless of the fact that it will have small corrections in the low...
EU gave a solid break of structure here on the daily. Going in line with bullish DXY; watch for the pull back or retest for the next bearish wave down!
On the daily timeframe we have a sideways market. The bearish vector 5-6 has been played out. After the price interacts with the level of 3200 and the buyer’s strength shows, we can consider long positions with a target of 3722.
Hello traders and investors! On the daily timeframe, we observe a sideways trend. The buyer's vector 4-5 has played out. The price is at the upper boundary of the sideways trend, and we can consider looking for sales as an idea to implement the seller's vector 5-6 with the first target at 40.07 (then 34.83, 32.3). After the previous review, we notice a strong...
On the daily timeframe, there is sideways movement. The bearish vector 7-8 is relevant. On the hourly timeframe, there is sideways movement. The bearish vector 11-12 is relevant. I believe that we will see a bearish movement. Sales should be looked for in the red zones - seller zones (blue zones - buyer zones). Targets on the hourly timeframe - 61, 60. Targets...