Expecting the rate cut is delayed until next year (until some bad eco news), so Nov and Dec time market would be expecting huge cut with huge upward movement expected.
Hello Everyone, AUD/JPY has exhibited sustained strength over the long haul, but presently, selling pressure is emerging, suggesting a potential pullback towards the weekly pivot point. Nonetheless, the overarching long-term outlook remains optimistic. TradeWithTheTrend3344
Market Structure Bearish on HTF Weekly and Daily at same AOI Strong Weekly rejection at AOI Weekly break and retest of broken support Previous Daily Structure Point Daily EMA retest Daily Rejection at AOI Around psychological level 0.65000 H4 Rejection at AOI
STRUCTURE BEARISH ON HTF WEEKLY AND DAILY AT SAME AOI PREVIOUS WEEKLY STRUCTURE POINT WEEKLY REJECTION AT AOI DAILY REJECTION AT AOI DAILY EMA RETEST AROUND PSYCHOLOGICAL LEVEL H4 EMA RETEST PREVIOUS STRUCTURE POINT H4 REJECTION CANDLES REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient ...
Market Structure Bearish on HTF Weekly Rejection at AOI Weekly and Daily at same AOI Daily Rejection at AOI Strong Bearish momentum Around Psychological Level 0.59500 H4 EMA Retest Around H4 LH REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique ...
Hello Everyone, The recent trend for USD/CAD has been notably downward. Currently, we are observing a robust support level at 1.366249. Breaking this level would serve as confirmation for further downward movement. TradeWithTheTrend3344
Hello Everyone, The NZD/USD pair has kicked off with a strong bullish momentum, and what holds significance at this point is maintaining a consistent position above 0.595358. Presently, we're holding steady above the weekly pivot point, signaling positive prospects ahead. Expect further bullish momentum to unfold! TradeWithTheTrend3344
During the day I trade from these levels. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Levels are drawn before the European session, based on volumes. Used as interest levels for intraday trading. When returning to the level, a “reaction” is expected, which can be traded both for a rebound from the level and...
Quick post from us on FTSE. We're looking at these higher levels for a RIP potential, if we can get it we're looking to take this down into our active targets. We'll update as we go along. As always, trade safe. KOG
The NZDUSD chart shows an ascending triangle pattern following a successful test of a strong horizontal support level. The breakout above the neckline indicates strong buying momentum, suggesting that the pair will likely continue to rise, possibly reaching 0.6010.
Hello Everyone, The AUD/USD is showing increasing strength as it heads towards the 1M PP. Maintaining a stable position above this level is crucial to confirm continued bullish momentum. Failure to do so may lead to further testing of support levels. The point at 0.65548 will be particularly critical for the pair. TradeWithTheTrend3344
NASDAQ:META had a good run, but now that run is coming to an end. I started buying puts today when price was at $524. I bought 6/21 $300P. There's a chance price could break the current highs, but it wouldn't change my bias. I think starting later this month, we're going to start to see a large move down in META. Overall, I think there's a possibility that...
The rise of gold is an opportunity for shorting. All trading signals in April remained 100% accurate, and the profit was close to 200K. Accurate signals are sent every day, don't miss out!
It's so simple, that I used the SMC strategy to mark the supply and demand zone and then wait for a proper rejection to execute the trade. Here in this chart, you can see I marked two zones and my direction is bearish because the trend is bearish. According to my plan, I'll split my trade size in two-part, first TP (take profit) will be around 1.0614, and the...
Hello Everyone, The USD/CHF has hit a peak, and the long-term outlook for this pair suggests a bearish trend, potentially leading towards the 1-year support level. To validate this bearish momentum, we require a sustained position below the 1-day pivot point (PP), and eventually, the same confirmation below the 1-week PP. While this projection seems solid, its...
🕵️♂️ Let's delve into this forex pair and analyze it together on higher timeframes for future trading and long-term perspective. 🕓 In higher timeframes, unlike most other currency pairs currently oscillating within long-term boxes, the Swiss Franc seems to have the upper hand against the Canadian Dollar. 🔍 At present, the Canadian Dollar is experiencing its...
📊 Current Status: STX is holding at a significant support level. 📉 Potential Downside: Losing this level could lead to a revisit of $1.80. $1.80 aligns with the previous range high, the 0.618 Fib, and the 200 Day Moving Average (MA), forming a potential bottom and reversal zone. 🎯 Take Profit Targets: Take Profit 1: $2.50 Take Profit 2: $4.00 📣 Stay attentive...
Spot gold (XAU/USD) is +0.7% higher in US trading despite an earlier spike lower that was fuelled by the latest US GDP report (the first estimate). Trend + AB=CD Support Suggest a Buyers’ Market Technically, the price of gold could be poised to attack higher terrain. The trend, according to the higher timeframes, is unquestionably north after recently...