Immutable X (IMX) has been trading on the 4-hour timeframe, forming a substantial horizontal level that acted as a significant resistance zone. Following a strategic breakout from this level, IMX initiated a move to challenge the descending trend line from above. The successful penetration of the trend line signals a breakout strategy's effectiveness, and the...
In my opinion, oil will be bullish for now, but after hitting the flag area, it will go down and will reach at least the star area, and lower points are also very likely. All the numbers on the chart : the Entry , Take profit areas and Stop loss are specified.
This is my Analysis of AUDNZD on 4 Hour time-frame. Market previously hit OB giving CHoCH leaving behind unmitigated OrderFlow. After refinement of OF, I have picked 1 Hour OB for LONG entry so that we have small risk, We expect reversal of Trend after hitting our unmitigated OF, we expect market to hit our OB as well.
EURNZD 15MIN R:R = 4 RBR ZONE : This zone is calculated by supply and demand method
Bitcoin has been doing nothing but trading sideways, but the rejection of the 50% Fibonacci is still in play. My overall outlook is still bearish, with the price going to 39.3K/38.5K. There's still a chance to go back up to fill the daily bearish FVG, but in the end, the final destination is the same.
GBPUSD 15MIN R:R = 2 RBR ZONE : This zone is calculated by supply and demand method
Hello traders. This is a quick position that I might take on GU, Then if it goes well I will secure 50%-80% of my position at the high (1.27678) and let it run to ~ 1.28300. Remember to always wait for a strong rejection from your supply and demand levels before entering a position. Danko
H4: -> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. After the swing BOS price aggressively moved to the upside. Price printed double bullish iBOS to confirm swing pullback phase is complete. Currently internal structure remains bearish. Price has again to reacted to Daily and H4 nested supply levels where we saw a reaction. Price wicked above...
As shared in previous analysis.. ●PYTH was at Daily FVG when it was shared. ●DOL was $0.52280. ●Pyth made high at $0.6. ●Now let's wait for next opportunity.
Looks like we're either tapping into the large sell pressure at the previous high or just creating a lower high to create another push down. Best to sit back and wait to see what happens first. Just because you see movements doesn't mean you need to get involved - keep patient and disciplined and make sure impulsivity is removed from your decision making.
Bank nifty index is facing constant rejection from the resistance @ 46300, and a lot of liquidity lies below the 45000 support levels... if tomorrow open up or opens flat, then they immediately takes the price to grab the liquidity on bottom side. so take care before going long from this area.
Hello traders, The trendlines and crucial horizontal levels are prominently displayed on the chart. Following the recent break of both the daily and 4-hour trendlines, in case of a potential reversal, which could present a buying opportunity. Stay tuned for updates. Best regards,
The stock has moved out of weekly consolidation with good volumes and RSI supportive in lower time frames for an entry. The stock is trading strong above its All time high. The stock has given a yearly breakout in 2023 after 8 years. Momentum - Intact, Price Action - supportive, Sector - Textile.
Traders, Let's delve into the forecasted path for GBP/JPY: Trend Analysis: Upon examining the daily chart, we notice a resilient bullish channel that, despite being broken previously, has resurfaced with vigor. Furthermore, the strength of bullish candles outweighs downward movements. Potential Obstacles: Anticipate some hurdles or resistances along the...