This is my Setup to go Long on GBPJPY. Overall market is Bullish so we are looking for Long entry after LTF confirmation.
Gold buys based of break and retest and demand zone failed
Hello fellow traders, let's delve into a comprehensive analysis. We've observed the completion of a correction phase, followed by a robust recovery and the formation of what appears to be a continuation pattern signaling potential growth ahead. This presents a promising BUY opportunity, particularly in the GBPCAD pair. After careful analysis, I am confident in...
The price is currently approaching an ideal buying zone, where we anticipate a rebound followed by a continuation of the bullish trend until it reaches our 'take profit' target. If you find our analysis compelling, kindly show your support by liking the idea or sharing your thoughts in the comments section. Wishing you all the best and safe trading.
On the daily timeframe the market is consolidating sideways. A short vector of 7-8 is observed. It is not advisable to seek sales at the bottom of the range. It is advisable to look for purchases after the price interacts with the zone of 59000-61500 and a buyer emerges (result, spread, volume).
This is my Intraday analysis on EURUSD for 22 Mar 2024 W12 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish INT Bullish Swing Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and mitigation of 4H/Daily Demand zones, we initiated...
End of day update from us here at KOG: It's been a manic week here in Camelot with us managing to navigate Gold up and down again trading the levels and making the most of it. Yesterday we said we wanted to see how that higher resistance level would react to price, but we fell short of it before the move down. It did however give us an opportunity to then long...
BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. In the 2-hour timeframe, Bitcoin is trying to stabilize above the 2-hour and 4-hour middle Bollinger lines. The $69,500 level is an important resistance in front of Bitcoin, if Bitcoin fails to pass this resistance, a head-and-shoulders pattern scenario is likely. Otherwise, above the $69,000 level,...
GOING LONG ON GOLD..BREAK AND RETEST OF RESISTANCE ZONE NOW TURNED SUPPORT. Price retraced slightly below support zone and rejected demand zone.
Given the bearish CH and the pullback to the resistance range, it seems that MANA is trying to drop further The target is the lower demand box. Closing a daily candle above the invalidation level will violate this analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without...
EUR/USD 1H - You honestly cant write it, another market we have been waiting to get involved in for the best part of a week and it sets up and plays out during my non working hours. We have seen this happen multiple times over the course of the last two/three weeks. This really puts a strain on our psyche as we start to develop that FOMO. It is important we stay...
BTC bounced from HVN as expected. What should we do the next? Watch video update
BTCUSD BIAS HAS CHANGED DUE TO MARKET STRUCTURE AND PRICE ACTION. Price failed to reject on the 15 minute demand zone and broke below, forming a resistance above. Took a short from that breakout downwards and now its shorts on BTCUSD
Stop loss was hit. Price didn't respect that demand zone.
Open a short position in XAUUSD 2199-2211 TP1 2147 TP2 2080 TP3 2060
Possible buys on BTCUSD now that price is at the 15min demand zone like i posted earlier
Pivot 80.70 Our preference Long positions above 80.70 with targets at 81.50 & 81.90 in extension. Alternative scenario Below 80.70 look for further downside with 80.40 & 80.00 as targets. Comment The break above 80.70 is a positive signal that has opened a path to 81.50. Supports and resistances 82.15 81.90 81.50 81.13 Last 80.70 80.40 80.00 Number...
USDCHF has become extremely oversold and found support at that faithful Jan 5, 2015 morning where SNB shocked the world. My first target would be the 0.236 Fib level, then 0.382 which stands at around 0.904. SNB has removed the currency intervention paragraph in their latest statement. Inflation came a bit higher yesterday for Suisse but in line with Central...