This Setup for NZDCAD is valid on 1 hour time-frame. Look for LTF confirmation before entry.
The GBPUSD chart showed a significant head and shoulders pattern on a 4-hour time frame. The neckline was broken by an intraday candle. The pair is expected to continue rising, with a target of 1.2573.
Hi traders, I am seeing that XAUUSD follows its trend line but might soon seeing temporary reversal to fuel its bullish movement even further. Good luck!
AUDUSD has surpassed and closed above an important intraday horizontal resistance level. This previous resistance has now become a support level. There is potential for further growth in the market, with targets set at 0.6544 and 0.6583.
Hello, I'm waiting for the structure to break out of the discount zone before entering a buy position.
Hello everyone, if we break the structure on the rise in H1, at that point I'll go down in a small time unit and find confirmation to take a purchase.
Bounce in weekly demand zone. Target 4,80 in daily supply zone. Also a reverse head&shoulder pattern forming on 4H chart Buy!
South Africa's biggest micro lender could be hurt by the dollar and global uncertainty around the world since the banks make profit from people paying back loans and putting in deposits, people deposit less when everything in the economy becomes expensive because savings lags when compared to current state of the value of money and the purchasing power people...
This is my Intraday analysis on EURUSD for 25 Apr 2024 W17 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment Euro's recent strength: The Euro has gained some ground against the USD lately, fueled by weaker US data and supporting the Pullback Phase after the YTD...
CME_MINI:NQM2024 - PR High: 17486.75 - PR Low: 17437.25 - NZ Spread: 110.25 Key economic calendar events 08:30 | Initial Jobless Claims - GDP Strong inventory run to close prev session - Mechanical print resulting in pivot back into 4/23 range - Another technical session gap that structurally filled but left room to the close - Full gap fill at...
After an almost 70% run to the upside from its bottom, there has been minimal structure built beneath it. Bull Case: We have a give or take 17% potential run to the upsides resistance level. Bear Case: Give or take a 20% draw down to major support, I believe this is most likely the case after its 70% run. On the other hand, these huge banks may get...
This is the current situation of EURGBP. We can look for LTF confirmation before LONG entry at OrderFlow Zone and if it fails to give any confirmation, we may look for confirmation at Extreme POI but if it fails to give valid confirmation then we may wait for sweep of Liquidity at Major Low. I analysed Eurgbp Market as Bullish on Daily time-frame because it does...
With current fall of metals in the past week, a lot of traders think we have a change of trend, i do not believe this is true. We were very bullish and the market can’t just pivot without fundamentals behind it. Silver is a highly used material, it is in demand as Tech company use it in the solar industry, and Medical equipment made from it, just to name a few....
-Weekly 26 EMA pointing upwards. -Price around a key level that has been tested many times. Long positions preferred. -15m consolidation area with a breakout and a pullback just on the upper extreme. Enter after the confirmative pullback. Right now a MACD divergence with a bullish movement following would be a good signal. Stop loss below this pullback's...
-Weekly 26 EMA visit with a confirmative bullish movement. Long positions preferred. -15m sideways movement with a false breakout leading to a big bull leg. In order for the health of the trend to be validated we expect a profit taking action leading close to the zone. Entry after a pullback stalling on the zone followed by a strong bull...
-Weekly 26 EMA pointing upwards. -Price on a previous key level that was test many times. Long positions preferred. -15 minute sideways movement with a shakeout forming a reverse head and shoulders pattern with a bullish breakout. -Price entering the range after the breakout forming a MACD divergence. Entry after the bullish movement that come after this...
On Wednesday, April 24th, the bullish gap opening price indicated a strong bullish sentiment for #Cocoa. However, the price faced rejection at the 61.8% Fibonacci retracement level, which coincided with the previous week's bar high on April 8th, 2024. A strong bullish close above 12265 by the end of this week would signal the continuation of the bullish trend for #Cocoa.