A Higher Timeframe liquidity grab followed by bearish order flow being formed on the LTF, I have no doubt that this pro move is likely to play out
I'm waiting for price to induce atleast one Lower Timeframe swing high before getting into Short/Sell trades
It is never too late to get into continuation trades, I will be looking for sell trades targeting the swing...
Technical Confluences:
- Price action is considered at Overbought conditions in both Daily and H4 Timeframes
- Price action is bouncing off the 78% Fibo retracement line
- Aiming for a retracement to the Fibo Extension's 61% or 78%
Fundamental Confluences:
- The crypto market space has no new impetus at the moment and is in consolidation mode after the risk-on...
Price has finally found its way into a 4H supply area and left behind several demand areas and Fair Value Gaps to be filled. GU is long-term bearish per the 1D and 1W charts so we expect a sell opportunity to present itself once a valid change of character is displayed on the 15M/30M showing a shift of trend. Swing traders should target the recent Fair Value Gap...
Technical Confluences:
- Price is in Oversold Conditions in D1 timeframe
- Price action bouncing off 150% Fibo Extension
- Price is trying to go back above the Interest Zone to give some bullish momentum to the stock
Fundamental Confluences:
-Regardless how bad the negative rumours are ongoing about the side-effects from Pfizer; they are still considered a...
Technical Confluences:
- Price action has bounced off a Support trendline and is in the range of a Demand Zone
- Price action is also close to an all-time low
Fundamental Confluences:
- HBAR is a Layer 1 blockchain which has potential for further adoption
- Recently in April, there was a big spike in CRYPTOCAP:HBAR price after an announcement that blockchain...
see and watch :)
After reacting to the support range, the price is now at the bottom of the channel and it seems that it will move towards the top of the channel in the coming days and the story continues...
Technical Confluences for Trade:
- Stochastics are close to Overbought Conditions on D1 and Overbought in both H1 and H4 time-frames
- Price action is close to a Supply Zone
- Price action is close to multiple Resistance Trendlines
Suggested Trade:
Entry @ Area of Interest 1.9270 - 1.9380
SL @ 1.9503
TP 1 @ 1.9017 (Close Half-Position & move SL to Entry level...
I'm Back!
- busy with some learning materials as I level up on analysis and data.
attached here is the GBPUSD
july 24 2024 trade.
I noticed supply introduced in daily TF up to 4H TF ( markets are fractal) . It makes me conclude that it will be a bearish momentum (correction) because of wyckoff accumulation last week. As I continue to monitor the charts...
Overall trend is an uptrend. Candlestick trend break of structure to upside now. Expecting price to reach demand zone (0.90820). Targeting price to reach order block (0.91887) but potentially continue to make a new higher high.
BTCUSD Daily Outlook (07.24.2024)
The market has formed a motive wave pattern 12345.
And will form an ABC wave correction pattern.
Potential for Sellers to Reach +600 Pips.
Target Price at 61,000.00 or Fib. 50%.
see and watch :)
After breaking the blue downward trend line as well as the $2.6 resistance range, it is completing a pullback towards the broken resistance and finally the movement continues...
The commodity staged a four-week relief rally recently and the longest profitable streak of the year, helped by OPEC+ supply curbs extension and summer travel demand. At the same time, soft US inflation and dovish Fed commentary have boosted market pricing for multiple cuts, which can provide another tailwind. Above the EMA200 bulls have the ability to set higher...
On the 12-hour chart for AXS, we've completed Wave 2 at the $5.82 level. Since then, we've been in a continuous upward phase, forming higher lows three times and now a higher high. This pattern suggests continued upward movement.
There are two key areas to watch: the 12-hour supply zone starting at $10.31 and the 12-hour demand zone at $7.50, which aligns with...
Technical Confluences for Trade:
- Stochastics are in Overbought Conditions on H1 & H4 time-frame
- Price action is close to a Supply Zone (Blue Area) & has Resistance Trendlines around
- Aiming for the 38.2% Fibo retracement to TP
Fundamental Confluences for Trade:
- Nothing much can dictate the movement of this FX pair as they are heavily trade-related. Any...
The DOW was sold lower as traders looked to lock in some profit.
By planning ahead and assessing recent price action, you were able to steer clear of the early rally and focus on Sell Setups to take advantage of the selloff.
In the video review, I talk through the previous sessions price action and why I was looking for selling opportunities. I then discuss...
see and watch :)
After a sharp upward move, the price has been correcting for a few months and it seems that everything is ready for the second leg of the move...
see and watch :)
After a good correction, the price is in a very good support range and considering that this range is intact and fresh and also the price is gathering like a spring, it seems that news is coming!!!
