I see that GBPJPY will experience a decline and enter the demand area, our plan is to take a BUY setup if the price enters the demand area with a realistic target of 1: 2, setup, see chart image. Thank you happy trading. Note: this is not trading advice. All risks are not our responsibility. Secure your account.
Following the macro timeframes, GBPUSD has respected the market structure pretty well now expecting to do the same waiting the confirmations on micro timeframes like 15M and 5M
Technical Analysis of SPx the price will move under the NFP and the Unemployment rate pressure, so the movement will be huge for the indices. Bullish Scenario: For a bullish trend to emerge, the price must stabilize above 5260, potentially pushing up to 5302. If the price surpasses this level, it may indicate the start of a new bullish trend of about 5347....
Technical Analysis The price movement will be influenced by the Non-Farm Payroll (NFP) and Unemployment rates. Based on current expectations, the price is likely to exhibit a downtrend, though the market may experience random fluctuations. There is a possibility for a retest up to 38,790, followed by an upward push towards 39,050. Bearish Scenario: If the...
Let's analyze the provided price action chart for the USD/NGN (U.S. Dollar / Nigerian Naira) using the ICT (Inner Circle Trader) concepts and general technical analysis: Key Points of Analysis 1. Overall Trend and Market Structure - The chart shows a strong upward trend until early February 2024, followed by a period of consolidation and then a...
End of day update from us here at KOG: In yesterrdays update we said we wanted to see a pullback into the lower support region and if held, we would want to target the 2365 and above that 2370 levels. Unfortunately, the pull back didn't present itself, however, those who used their initiative would have managed to grab something from the trade. We then...
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish which is the strongest confirmation yet that swing pullback is complete. We are now expecting price to pullback. As price has traded higher the CHoCH has been repositioned closer to current price action. We are now trading within an established internal range. Intraday...
-The price Reacted to the daily supply area very strongly. Now we can follow bearish OF to play the daily swing pullback phase. Surly after breaking the INT low. D: -The price has shifted bearish again from the daily supply area saying that the demand was not strong enough to take the swing high. As we said last week, it could be the end of daily bullish moves...
On the 12-hour chart for AXS, we've completed Wave 2 at the $5.82 level. Since then, we've been in a continuous upward phase, forming higher lows three times and now a higher high. This pattern suggests continued upward movement. There are two key areas to watch: the 12-hour supply zone starting at $10.31 and the 12-hour demand zone at $7.50, which aligns with...
Here is my latest structure analysis and important support and resistance levels for EURUSD pair for next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Hello Traders ! The EURUSD failed to break the resistance level ! So, Let's expect the bearish scenario: if the price breaks and closes below the support level (1.07882 - 1.08010). We will see a bearish move📉 ------------- TARGET: 1.07500🎯
i'm anticipating a bearish move for the coming week, with a possibility of 3 entries to the downside, then a longterm buy swing at the bottom, with a plan to hold it all the way to the uspide
I saw break of structure on 4HR timeframe which aligns with daily time which is already on a short bias.
After NFP my bias has changed to shorting EURUSD i am wait for monday daily candle stick closer to make a FVG on the daily timeframe and from tuesday onwards i will be looking for a entry when pullback happens on the daily.
Technical Confluences for Trade: - Stochastics are close to Overbought Conditions on D1 and Overbought in both H1 and H4 time-frames - Price action is close to a Supply Zone - Price action is close to multiple Resistance Trendlines Suggested Trade: Entry @ Area of Interest 1.9270 - 1.9380 SL @ 1.9503 TP 1 @ 1.9017 (Close Half-Position & move SL to Entry level...