This is my Setup for CHFJPY on 1 Hour time-frame. Market broken to upside which is one of the indication to go Long and we have liquidity of equal lows for market to clear out.
The major liquidity zone has been targeted, and we can observe a change of character in the lower time frames, presenting an opportunity for short-term sell setups Given the prolonged bullish trend of this pair, identifying a strong high is challenging; we should wait for a break of structure in the higher time frames for confirmation. Please note that this...
Good morning, fellow traders! 🌞 I hope you all had a fantastic weekend and managed to recharge your batteries for the week ahead. 🔋 I've decided to stick with our current setup for now, as I haven't spotted any other promising opportunities at the moment. This setup is clean, sleek, and incorporates most of the factors I consider important for successful...
This is my Intraday analysis on EURUSD for 5 Feb 2024 W6 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bearish OF Bearish In Swing Discount 2. Price made a bullish BOS and after a BOS we expect a pullback. After mitigating the Weekly Supply zone, price...
AUDJPY is testing a recently broken horizontal support. After a violation, it turned into a strong resistance. The market may drop from that. I expect a bearish movement to 0.9605 ❤️Please, support my work with like, thank you!❤️
Nice rejection from the demand and now time to buy the AUDUSD. Don't risk more than 2% per a trade.
my entry on this trade idea is taken from a point of interest below an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
CME_MINI:NQH2024 - PR High: 17723.50 - PR Low: 17691.50 - NZ Spread: 71.5 Key economic calendar events 09:45 | S&P Global Services PMI 10:00 | ISM Non-Manufacturing PMI - ISM Non-Manufacturing Prices Back inside ATH range Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 234.39 - Volume: 33K - Open...
According to CH and BOS, the bear has a bearish structure. According to the structure, it seems that this return is for collecting sales orders for drops. AGLD is expected to be rejected from the supply range. We have specified the target on the chart. We also specified the invalidation level. Closing a daily candle above this level will violate the...
Title: Gold Buy Opportunity: Targeting 200 Pips Move with Strategic Entry and Exit Points Description: 📈 Trade Setup: We've identified a promising buying opportunity for Gold with a target range set between 2030-2028. Keep a close eye on the extreme level at 2024-2022, as this marks a critical demand zone. 🎯 Target Profits: Our goal is to capture a 200...
We have this Source Demand formed @ Rs. 6381.45 in Quarterly and we also have a Strong Supply formed @ Rs. 7750.00. Price has to come into the Demand hence it needs to travel downward, after reaching the Source Demand "if the source demand has the power to reverse the Trend till opposite fresh Supply price will first show a buying momentum building in the...
The stock is strong in all higher timeframes, strong consolidation in uptrend is happening for the last 10 weeks close to all time high levels. It is now reversing from the base level of 226. Daily and weekly candles shows a price action of reversal. RSI supportive. ENtry - 235 - 240 Target - 270, 280,300.
According tenth Elliott Wave Theory Price forms a 5 Wave Sequence structure before the major Correction, here we see that we have Wave 1, 2, 3(strongest upmove), Wave 4(correction), are complete. Currently Price has formed a Quarterly Demand which has its LegOut closed above the EMa which indicates a Strong Buying and Price hasn't violated any Supply which...
Wave 1 and 2 complete Wave 2 has retraced Wave 1 by more than 80% and less than 100% which suffices the Wave 2 retracement rule by Elliott Wave Theory. Wave 3 extends a minimum of 161.80% 0f the Wave 1 hence Target derived for the Wave 3. This is the Wave i.e. Wave 3 which every trades aspires to get in as this is the Wave where the profits are...
NYSE:XOM just recently had earnings I'm looking at swinging puts tomorrow because the Jeanius Algo Suite (Indicator/Screener) gave me multiple sell confluences: Rose through 2 untested highs (~$104.91), grabbing liquidity Retested the level that price broke to create a Change of Character (CHOCH) Tested a downtrend line Broke and retested an uptrend line ...
This week, prevailing market dynamics suggest a bearish sentiment for the EUR/JPY exchange rate, propelled by a convergence of influential factors. Foremost among these is the European Central Bank's cautious monetary policy stance in response to lingering concerns surrounding inflationary pressures and economic recuperation within the Eurozone. Compounded by...