1) Stock is in uptrend in all major time frames. 2) Weekly is reversing from a pullback. Last week - weekly candle confirms reversal. 3) Daily price action as well confirms reversal, moved out of range. 4) RSI just hitting 60 in daily, RSI in lower timeframes apt for entries. My entry : 520. SL : 493. Target : 613.
Altcoin temporarily halted its decline as BTC began to rebound, but many tokens are still below their prices half a month ago. Among all tokens, we discovered an interesting phenomenon. As a meme coin, DOGE's performance in April was stronger than most other tokens, close to BTC. As we all know, meme coin is not supported by the any protocols, but more by the...
The uptrend on Daily has ended, now as price is heading down, there is no significant Demand in sight yet. Therefor, if price comebacks to this Supply, it would be a good opportunity to sell.
Daily time frame: 1. Swing is bearish, INT is bearish. 2. After iBOS we can expect INT pullback. 3. The pullback phase is ongoing, Now we can play longs to target at least the EQ of the range. 4H time frame: 1. 4H swing is bearish, INT is bearish. 2. After swing BOS we can expect swing pullback. 3. Bullish CHoCH is a sign that the INT pullback has...
Hello there, CADCHF is bearish at the H1 timeframe, aiming for the 0.58347 area for the drop of WXY leg extension of ABC. There is an open area at 0.58000 that could potentially influence the price to drop further. In the Second scenario: The price could potentially reverse, turning bullish due to unclear bearish waves for ABC. They are too steep on the way...
Hello there, XAUUSD seems to be following an ABC bearish sequence, reaching support at 2297. A drop below 2304.183–2297.093 will continue the bearish momentum to the 2280 and 2274.994 lows. Happy Trading, K.
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