I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling...
I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling...
The pair continues to range between R19.20 & R18.20 and has formed a pennant pattern. As some point i expect this to break out with my bias to the upside as key moving averages are all trending up. Only below R18.20-18.10 will the bearish case likely change for the rand.
Nice looking continuation head and shoulders pattern on NYSE:FRO After today's action. Its time to sit out and let things settle in for now. Hard to be jumping back in right away.
Bitcoin broke structure at 28k level of support during its downtrend in July 2022 and tested the 16k level November 2022. It then went to test the 45k level of resistance December 2023. The January 2024 monthly candle clearly formed a spinning top and ended below the 45k level of resistance. This to me is a strong sell signal and can test 38k level of support of...
The stock is in strong uptrend in all time frames - higher to daily and above. The stock is in strong momentum based on RSI in D, W, M. All above 60. Daily is reversing from a Higher low formation with double bottom and Morning star formation. One may consider an entry based on today's close candle, or even at cmp if aggressive. Entry - 104/105 Target - 112...
-Price entering 4 hr range - should continue down for a continuation of downtrend
FX:USOIL TVC:USOIL The blue area around $60/barrel is my POI for buys since there's going to be a lot of available liquidity for institutions to step in at cheaper prices. If it supports nicely, I believe it has the possibility of going after the liquidity over the $120/barrel high.
GBPUSD is oscillating between two zones. Based on the analysis of DXY, I anticipate a bullish trend for the pound in the upcoming weeks Observing its response upon reaching the demand zone is crucial, but pinpointing a precise zone remains challenging due to the influx of significant USD-related news that is bound to impact this pair Please note that this...
The KOG REPORT – FOMC This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in...
EUR/JPY 5M - For those of you who are struggling for time today when it comes to watching the video I sent out on this pair, I have done this post for you. Above you will see two areas of interest I feel price may trade into and reverse from, if you are wanting to be pre-emptive you could look to place SELL LIMITS from both. If you are someone who looks for...
This is my setup for XAGUSD. Look for the entries on LTF. Overall Market is Bullish, more importantly, it has broken the structure to the upside after hitting the OB, and now came down to fill the area of interest which I have identified in this chart setup.
This is my Setup to sell GBPAUD. Market has broken the structure to downside and now at our Unmitigated OrderFlow.
This is my Setup for USDJPY, possibly a good shorting opportunity. Market has filled OB and then given a CHoCH on 15 min time-frame. I am going to short from Unmitigated OrderFlow in this setup.
I am considering a short position on the EUR/USD pair. This decision is primarily driven by three key fundamental factors: 1. Dovish ECB Monetary Policy: The European Central Bank (ECB) has maintained a dovish stance, leaving key rates unchanged and refraining from any significant changes to the statement language. This could potentially weaken the Euro in the...
US100 15 MIN R:R = 2.5 DBD ZONE : This zone is calculated by supply and demand method