Price formed a double top at weekly resistance, looking at the daily timeframe price closed and rejected daily 1.08950 so there is high probability to see price drop at this level. I will be looking to sell at current price as an aggressive entry and setting my stop loss above Friday's high. trade type: swing/intra-day
Weekly Analysis: Bias remains unchanged from last week's analysis dated 10/03/2024 -> Swing: Bullish. -> Internal: Bearish. -> Did not reach EQ. Price has finally printed a bullish swing BOS Most likely scenario would be for price to pull back following swing BOS (Break Of Structure) First structural indication, but not confirmation that pullback has...
here we can see that gold take 4 hour support at 2051 level to we can expact in asian session market will go at 2051 and take liqudity and again goes up atleast 2071 in new york session
Gold has been running highs since the markup we gave out last month, hitting our daily POI and carrying back over into the bullish trend. In this weeks mark-up we are looking at higher prices again with the clear bullish direction we have, now keep in mind we have 3 highs in play that give us a clear area of liquid to run into so with this principle in place we...
Hello Trading View! Hope you're all having a blessed weekend so far! Just wanted to come on here and post a potential opportunity I see on NZDCAD for this upcoming week or two. SO lets dive in! When looking at price on the daily we can see overall structure is bullish/demand driven market with higher highs and higher lows being formed...with strong momentum from...
Second mark-up of this week from GU, now overall you will see this is again following the same basis as the last weekly mark-up we gave out expecting price to drop lower before moving up and taking out our highs. We got our drop last week with some short term bullish price action to follow but we now have price sitting at the ideal point within the market and we...
ADDED -ENTRY POINT -TARGET -STOP LOSS Take the trade at your own risk Hope you enjoy the analysis
This week, I'm eyeing shorting opportunities in Gold. After witnessing strong bearish momentum last week, I anticipate further downward movement to breach nearby lows, which are acting as liquidity points. Additionally, I've identified two nearby supply zones from which I expect price reactions. I'll exercise patience as I wait for price to test the lows and...
EU to start our week off, following on from our last weeks mark-up we are still looking for the same setup we had from then which is price to give us a run of the SWH into a bullish run and lead into the next major high on the daily timeframe. This would involve price either running the low that we put in on Friday, and then giving us an entry or taking the high...
This is my Weekly analysis on EURUSD for 18-22 Mar 2024 W12 based on Smart Money Concept (SMC) which includes the following Time Frames: Weekly Daily 4H Economic Events Weekly Chart Analysis 1. Swing Bearish Internal Bearish Reached Swing EQ Swing Continuation (Pro Swing + Pro Internal) 2. After the Bearish iBOS we confirmed that...
Short positions on US30 appear compelling this week. We've observed significant bearish momentum lately, leading to a shift in character towards the downside, hinting at a potential trend reversal. Despite not having breached major structural levels yet, two robust supply zones remain, from which we can expect a bearish response. The slowdown in price movement...
We're in a daily POI for buys so I'm rather bullish for EURUSD right now. These are the two scenarios for EU for me. POI = point of interest LQP = Liquidity Pool
End of day update from us here at KOG: A lovely day again on Gold with the move from PMI sticking with our bias and coming close to the target level but bouncing support temporarily. We suggested traders take and protect at the level giving them the opportunity to catch the bounce, if they wanted to. Now we have support below 2150 which is an obstacle that...
In the daily timeframe, after a strong upward trend and reaching new highs, we've experienced the first downward movement, breaking the trend line. 📉 We observe a retracement trend line, indicating the possibility of a decline after breaking the trend line and activating this trigger. 🔄 "In the weekly timeframe, if the candle closes in a similar manner,...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (medium-risk buy zone) spanning from 188.170 to 188.000, respectively, are highlighted. Things I Have Seen👀: Medium-Risk Buy Zone🟠: Positioned between 188.170 and 188.000, suggesting another area with moderate risk for potential buying...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (medium-risk buy zone) spanning from 1.08240 to 1.08070, respectively, are highlighted. Things I Have Seen👀: Medium-Risk Buy Zone🟠: Positioned between 1.08240 and 1.08070, suggesting another area with moderate risk for potential buying...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply zone (medium-risk sell zone) spanning from 39160 to 39220, respectively, are highlighted. Things I Have Seen👀: Medium-Risk Sell Zone🟠: Noted between 39160 and 39220, suggesting another area with moderate risk for potential selling positions. Bearish...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand/supply zone (low-risk buy/sell zone) spanning from 2129 to 2125 and 2174-2176.5. Additionally, medium-risk buy zone between 2141.5-2139.5, respectively, are highlighted. Things I Have Seen👀: Important Demand Zone🟢: Identified between 2129 and 2125,...