Like its big brother the Bitcoin, the ETH is correcting violently (-10% this Tuesday and -30% since the Bitcoin ATH). However, we've reached a very interesting zone! We're approaching the OTE zone, where EQLs to be liquidated are first present. We then have a daily Order Block at $2400. I'm therefore short ETH up to this OB, then I'll wait to see how the price...
After retracing its course for almost a month, picking up large pockets of liquidity notably at $17323 and $17131, the NAS100 seems to be heading back up. We're currently in a very interesting setup. We're in the OTE zone, on an H4 Order Block. The liquidity to aim for is at $17846. This would confirm the CHoCH and therefore the bullish trend (although it is...
Good morning Traders ☕️ This is the only setup that I see clearly at the moment 📊️️️️️️ Gold is slowly going down since Monday but we need to take in consideration the news from this week, as I can be a rollercoaster 🎢 I will check on London Open for an entry if not, I will stay away 😎 Trade smarter, not harder! 💼📈 Don't miss out on potential gains - Hit...
Pair: OANDA:EURGBP Timeframe: H4 - Medium Term (MT) Direction: Short Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 and H1 time-frames - Price action has multiple resistance from trendlines & also a horizontal trendline (supply zone) - Aiming for the 50% Fibo Retracement which the horizontal line shows a supply-demand...
This is my Intraday analysis on EURUSD for 1 May 2024 W18 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment A day the markets awaits loaded with high impact news events. Starting with US ADP, Manufacturing PMI, JOLTS Job Openings and ending with Rate Decision and...
As We Talked in The Previous Analysis: The USDCHF Price Reached The Resistance Level (0.90848 - 0.91126). Currently, This Key Level is Broken and Becomes a New Support Level. So, I Expect a Bullish Move 📈. -------- TARGET: 0.92050🎯
Hi, 1PERCENT here. Silver head a "huge" weekly candle close this week with +10% which is a pretty big move for such an asset. It broke through a resistance zone that it was unable to break since it lost the price zone in July 2021. Now that it broke the descending trendline that started in 2011(!) & that 3 year resistance zone, I believe we are going to have...
CME_MINI:NQM2024 - PR High: 17503.75 - PR Low: 17453.75 - NZ Spread: 112.0 Key economic calendar events 08:15 | ADP Nonfarm Employment Change 09:45 | S&P Global US Manufacturing PMI 10:00 | ISM Manufacturing PMI - ISM Manufacturing Prices - JOLTs Job Openings 10:30 | Crude Oil Inventories 14:00 | FOMC Statement - Fed Interest Rate Decision 14:30 | FOMC...
Tested that level multiple times and bounced. Will bulls show up again this week? Maybe under cut and rally?
price has been showing a strong bullish momentum breaking the highs and making higher highs, technically we're in strong bullish trend and now there's a probability of price retracing lower in other to keep pushing higher. DISCLAIMER: This is not a financial advice, just my own perspective. trade with caution.
the overall momentum is upward, now price had been in a minor correction since the past week.. technically, price has broken a minor descending trendline on the hourly time frame with a strong OHCL candle.. looking for longs at the pull back of the previously formed demand level on the 30min time frame. DISCLAIMER: this is not a financial advice, just my own...
Price was previously in a range market at the all time highs. Price then broke the range to the downside, to indicate a higher timeframe correction breaking the 4 hour market structure. Price has then set a new potential lower low, and a correction has taken place to pullback price now to the previous range / structure zone retesting as new potential resistance...
BTC/USD Trading between supply & Demand market structure. Look at your lower TF for Sells once price respect our supply zone
Welcome, fellow Bitcoin bulls! If you're eyeing the charts this week, you'll notice a strong bullish trend in play. But here's the kicker: while the daily time frame might show a downward trend, don't let that sway you. Instead, see it as a golden opportunity to snag some Bitcoin at wholesale prices! Understanding the Play: Picture this: Bitcoin's current price...
This is a quick update on daily vs weekly demand zones. I also kept my demand zone from the past that was noted from May 23'. We are at the start of the buy zone on the daily. I did look back and we are about at the average correction for a bull market correction for tech driven indices. I believe this stops soon if Apple and Amazon earnings are neutral or...
One of the possibilities to enter BTC is this. OBVIOUSLY, I'M NOT A VIEWER AND IT MAY BE THAT THE MARKET WILL REACT OTHERWISE. But if it reacts this way we can face a few more dollars of decline in an operation with very positive risk and reward. LOGIC BEHIND THE TRADE THE MARKET MADE A FALSE CHANGE OF CHARACTER, leaving a strong order block region and soon...
I know everyone is bullish BTC and miners here, but the charts still don't look great even after the bounce. I think what's most likely from here is that we sweep the lows before getting a sustained trend higher. We're rejecting off resistance here at $12. I think this is likely to lead to a strong move to the downside. We have a ton of gaps to fill from the...
HELLO MY PEOPLE! Hope everybody is doing absolutely fantastic! Just wanted to get on here and make a post on what I see for the potential future here on USDCAD. I know you guys are probably thinking...didn't you just make a post about shorting this pair like a few weeks ago? YES...yes I did...but things DO CHANGE in the markets and for me personally things have...