4h TL has been broken and market reacted as we mentioned in our previous idea. Will be checking out the COT report from the CFTC and we will be positioning ourselves accordingly.
This pair has been stuck in a range between 1.105 & 1.055 for nearly 2 years and has just broke out of the short term resistance @1.095 The next logical move now is for the pair to test the top of the 2 year range above 1.10 and as it does this is where I will be looking for SELL setups. The daily chart below gives you a clearer picture of the 2 year range and...
Good Morning Traders ☕️ This are my two zones for today 💡 Yesterday everything happened so fast based in the news and price action that I didn’t manage to share out the exact entry for the second trade. 🙃 Let’s focus now on those two zones that are marked on the chart and move on 💪 Hope you have a profitable day today! 🤝️️️️️️ Trade smarter, not harder! 💼📈...
CME_MINI:NQM2024 - PR High: 17698.50 - PR Low: 17664.00 - NZ Spread: 77.0 Key economic calendar events 08:30 | Durable Goods Orders 10:30 | Crude Oil Inventories Daily gap up print of ~65 points, 0.35% from prev close - Climbing above prev session high - Inside lows of 4/17 range Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open <...
After correcting 44% following its new high on March 18, the Solana found its bottom at $117. It is now back on the rise. It has retraced into its OTE zone and recovered large areas of liquidity. I'm long the Solana, with a first target at $176. I think it's within reach by the end of the month. Feel free to subscribe and boost this post if you enjoyed my...
The dollar index broke the consolidation zone of the 106.200-105.500 range. the market broke out to a downside level and now tested its 105.500 level of support that's become resistance. If the market rejects this level then more downward to 104.800 which is the support and demand area.
After reaching its ATH on March 21, the NAS100 has corrected in recent weeks. We have retraced to its OTE zone, recovered large pockets of liquidity and filled the imbalance. The market now seems to have turned around, closing 3 days in a row higher. I think the NAS100 will be looking for a new ATH in the coming weeks, as the trend remains bullish in the...
Hello traders, this is my analysis on GU. I am looking to look for longs at a 5m demand level. Stops will be just at the daily low and I will be targeting the 1h supply levels and fvg that formed on Friday. We will see how it goes. Danko!
This is my Intraday analysis on EURUSD for 24 Apr 2024 W17 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment EURUSD is slightly bullish: The Euro is currently showing some strength, having gained yesterday strong Euro data and on weaker US data. Market is...
Hello traders and investors! I've seen several ideas for selling based on different patterns, but I'm not seeing the context for selling just yet. On the daily timeframe, we still have a sideways range. The seller's vector 9-10 has hit the obligatory target, but it hasn't reached the lower boundary of the range at 59005. This lower boundary represents a buyer's...
AUD/CAD moving quickly from equilibrium showing the bullish price. note - we aud cpi on 24/4/2024
AUDUSD is recovering and ready to target the daily FVG
We've hit a triple top pattern and since have been dipping, only days before the halving event. The halving event can be seen in the vertical line in red. I believe this is an indication that investors have begun selling off some BTC prior to the actual event. We have also strayed far from the ultimate $69,420 major support/resistance line. At this distance away...
Looking for continuation of downtrend once price reaches the downtrend line, supply, 0.618 Fibonacci level.
As of now, gold is trading at 2329, with a notable resistance level observed at 2335. Should gold breach this resistance, traders may consider pursuing the following targets: 2341 to 2355. Alternatively, should a sell pattern manifest, indicating a potential downturn, traders may anticipate the following support levels: The initial support rests at 2320, followed...
This is a crucial week for the tech industry with the Mag 7 approaching earnings, and GOOG “Google” particularly has earnings Thursday After-Hours. We’ve been displaying Bearish divergence since January, and currently forming a Head & Shoulders pattern……given the current market sentiment I believe we could see a nice pull back from Google before continuing to the...
Hello Traders ! The AUDNZD Failed To Break The Support Level. The Price Formed a Double Bottom Pattern. Currently, The Neckline is Broken ! So, I Expect a Bullish Move📈 TARGET: 1.09260🎯
This could be a great opportunity to gather passive income. The price is landing on a strong monthly support at 33-34. The next support level is at 28. Buy here and sell covered calls. Example: 100 stocks at 34.4 = $ 3440 1 covered call exp 05/24 a month from now. Strike 36. Cost $ 108. Profit %: 100*(108/3440) = 3.13% a month. If you do it every month is close...