Gold broke below a strong horizontal support level and the neckline of a dynamic head and shoulders pattern. The broken neckline and horizontal structure now form an expanding supply zone. I anticipate a bearish movement from this area, with a target of 2330.
Hello traders, As we approach tomorrow's release of CPI data for both GBP and EUR, it's likely that the markets will adopt a wait-and-see approach until then. Considering the longer-term perspective, GBP appears to be oversold within a bearish channel. As such, it's advisable to avoid short-term trades with high risk exposure. Keep an eye on the yellow trend...
Due to the slowing of the drop slope, and a bullish CH on the chart and the creation of liquidity pools at the top of the chart, as well as the presence of IFC movements, it is expected that if the green range is maintained, ETH will move towards the targets. The targets are clear on the chart. Closing a daily candle above the invalidation level will violate the...
My potential SELL SETUP idea 💡 Read my first post :) Trade smarter, not harder! 💼📈 Don't miss out on potential gains - Hit that BOOST button if you like the idea 👍 Share these 👉 and make sure to Follow me for your daily dose of gold trading analysis! 💯 Remember, always conduct your own analysis before jumping in. No financial advice here.
Good mornings Traders ☕️ Hope you had a great weekend. GOLD is ranging from the 15th of April on this zones marked with yellow lines. I am expecting to see one of the two scenarios 🤝️️️️ I will share in my next post a potential SELL SETUP idea 💡 Not much, as I don’t have to much data to analyse. I will wait an see how price reacts now on the support zone...
these are some probable setups for litecoin, at the moment I'm neutral but if there's a backup and test of the backup we can open a long position with low risk.
After some time of accumulation price is making higher highs, price broke the last high and the backed up to test it again, its a good place to open a long position with low risk.
This is my Intraday analysis on EURUSD for 22 Apr 2024 W17 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment The sentiment for the EUR/USD pair today is largely influenced by macroeconomic factors. On one hand, the Eurozone economy has been sluggish, which is...
Dynamic resistance has been reliably broken out. Soon the bulls will attack to increase the price. By maintaining the green range, it can move towards the specified TPs. The safe buy range is the green range, which allows us to have a logical buy/long setup on ONG. Do not enter the position without capital and leverage management and stop setting Closing 3...
CME_MINI:NQM2024 - PR High: 17263.00 - PR Low: 17196.00 - NZ Spread: 150.0 No key economic calendar event Volatile open creating relatively wide range - Holding above Friday's close - Value declined back to Dec-Jan range Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 4/18 +0.04% (open < 17665) - Gap 10/30 +0.47% (open < 14272) - Session Open ATR:...
This my Setup for GBPCHF. Although i became a bit late to post it. There are few things that shows the market to go upside now. Onething Overall Market is Bullish, Second thing Market has sweeped liquidity and mitigated a previous unmitigated OF on daily. Market has mitigated the OB on 1 hour, so nothing remain on downside for the market to move down, so i expect...
This chart represents the support and resistance points for the current range we are in. The thicker the line the heavier the support or resistance. The two bright green lines below are support areas from the last bull run and are very important to hold or we will see a 50K BTC.
weekly is down daily is down. here we have a 1hr supply nested in a 4h supply. however the market just tapped into daily demand. that's our opposing zone. I would like to see 1h supply entry area hold. also this 1h supply is along side 32.8 fib and weekly resistance to add some more confluence
I think OANDA:XAUUSD has the potential to reach all-time highs at 2500, although a pullback to around 2300 wouldn't be a surprise since the market failed to close above the key resistance at 2400, which means there is always a probability of sharp bearish moves. Right now, the market feels overextended in both directions. I expect the sideways move to last...
Hello, On this opportunity I am sharing my Supply & Demand Analysis about Euro Futures Contract @ Monthly Timeframe for Position/Institutional trading. Following Supply and Demand probability rules (high probability and liquidity on extremes) I expect price reach Monthly Demand Zone (0.88430 - 0.86050) then strong buy towards up to Monthly Supply Zone (1.60245...
Current position of DXY is at 105.700 the next target is expected to 105.600 it may reverse to 105.830 then our target is 105.500 to 105.300 to the main support level if it breaks first resistance level then it can fly more so stay focused on bullish This analysis suggests potential trading opportunities based on current market dynamics and key price levels....
NASDAQ:AMD #AMD A 6 weeks free fall of about 82$ creates a significant and an attractive opportunity. The stock price is testing a 2 years upper broken wedge "gray" and a weekly demand zone dates back to December 2023.
EU here now confirming our low we spoke about last week! because of this we will be sticking to our markup from last Sunday, due to this we don't have a huge amount of context to add to this markup. for more info feel free to check the chart from last week! We have 2 zones of supply we are looking at but i am not expecting price to get up into our highest...