Elliots Wave impulse count of 5 waves We are currently starting final wave after the 61.8% retracement of wave 4 Dollar strength expect long term
Good morning Traders This is my plan for today :) Trade smarter, not harder! 💼📈 Don't miss out on potential gains - Hit that BOOST button if you like the idea 👍 Share these 👉 and make sure to Follow me for your daily dose of gold trading analysis! 💯 Remember, always conduct your own analysis before jumping in. No financial advice here.
I see a strong bullish trend in GBPCAD, with a large inverted head and shoulders pattern formed on the 4-hour chart. After breaking and closing below the neckline, it has now turned into a strong resistance, confirming the continuation of the bullish trend. The next target is the immediate resistance level at 1.7330.
Weekly supply in control. Startup short position. Will see if lower time frames will confirm and I will potential add to the position
CME_MINI:NQM2024 - PR High: 18715.75 - PR Low: 18687.50 - NZ Spread: 63.25 Key economic calendar events 08:30 | Initial Jobless Claims - Philadelphia Fed Manufacturing Index Inching into new ATHs - Prev session momentum with returning participation - Holding above prev session high - Mechanical 18740 supply, inventory off PR high - No major correction since...
By seeing the confirmation in the lower time frame, the value of opening this trade will increase.
In the short video I show the price action from a session on the DOW JONES and the key price action that I see important for my daytrading. This is a process I do each day to improve my trading and it helps to solidify in my mind what I want to see in the setups. You will have to pause the video to read the notes but please enjoy. ANY QUESTIONS, JUST LEAVE IN...
Swing Long on CHFSDG Confirmations: - Making a double bottom on daily TF - RSI is oversold on daily TF - Already made a reversal on 4hr TF Entry - 1.49552 TP - 1.53181 SL - 1.48433
Hey everyone! Hope you are all doing amazing! Just wanted to come on here and do a post for a nice swing trade position I am looking at on the USDCHF for this upcoming week! Just wanted to come on here and share some value with you guys as well as a potential highly lucrative trade idea...so lets DIVE IN! Okay so when taking a look at this currency pair we can...
Hey guys! Just wanted to come on here and post a potential opportunity I see on Silver for a potential short opportunity to higher timeframe demand! Let's dive in! OK so what fueled this idea for me on this commodity was the recent bearish move it made last month when it made the huge attempt to hit 30 oz for Silver and failed to do so driving prices back down...
Hey guys hope you are all having a wonderful and blessed weekend so far! Just wanted to come on here and make a post for a potential setup I see for the week ahead on NZDCAD! Not going to go super in-depth but will give a general breakdown of why I am looking at this pair to potentially trade. Lets dive in! OK so starting on the weekly timeframe price seems to...
- Previous Day candle closed bullish . If we are looking for buys we will take on until daily resistance formed on 1st Jul 04 and TP 2 on 21st march 08 - If we are looking for sells we take on until 3rd Feb 05 and TP 2 on 25th Oct 04 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade.After hitting TP, you are done for the...
AU Bank has significantly corrected from the highs. Currently it is showing signs of accumulation and this is indicating that the price wants to move up. We have to wait patiently for the price to pull back to this daily demand zone for a potential long setup
Waiting for a nice pullback into the weekly demand zone that has an unfilled pro gap on the weekly time frame
I recently seen an article about Game Stop being at its lowest level of the year so i decided to glance at the technicals. From a Technical standpoint it looks pretty good. Here are a few reasons why i think this: 1) Price is approaching a nicely unmitigated demand zone. 2) The demand zone created a great deal of imbalance 3) There is liquidity above the demand...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (medium-risk sell zone) spanning from 192.000 to 191.700, respectively, are highlighted. Things I Have Seen👀: Medium-Risk Buy Zone🟠: Positioned between 192.000 and 191.700, suggesting another area with moderate risk for potential buying...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply/demand zone (low-risk sell/buy zone) spanning from 1.26950 to 1.27050 and 1.25450 to 1.25350. Additionally, medium-risk buy zone between 1.26000-1.25900, respectively, are highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between...