On the daily timeframe, starting from Monday, we continued the corrective movement. On Friday, there was a retest of the fractal minimum formed on Wednesday, after which the closure occurred within the imbalance formed from Monday. The main target for the following week will be the high of last year. Potentially, we can achieve this after clearing the low of the...
GBP/NZD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a subsequent impulse back down followed by a tight flag and then I'll filter the latter on the fifteen minute chart and be looking to get short with either a risk entry within it if the flag is structured, or a reduced risk entry...
Jan 04th 2024 1. The weekly swing is bearish on the weekly time frame. (See green 1 for strong market structure) A. I expect price to move through my risk management strategy to move from 1 to the 2 on the weekly timeframe 2. Price is currently in the equilibrium between the weekly high strong (see green 3 & 4 for reference) Price is more likely to move from...
1H - On the 1-hour timeframe, we are in a short direction, with the targets being the local low. It is also worth noting the emerging order flow, with a target at the minimum of 2030. The scenario will be invalidated if the price closes above 2050.
4H - On the 4-hour chart, we are still in a short context. The context shift for a return to the long side is marked on the chart with a red line. While we are still in a short context, it is preferable to work in the short direction.
1D - Despite the short-term bearish movement, the price is still in a long context. The nearest target can be considered the fractal minimum located in the FVG. After reaching this level, I would like to see a continuation of the movement towards the target levels around 2090.
Hello everyone, at the beginning of the London session, we experienced a shift in structure to the long side, in sync with the long order flow that started yesterday. With excellent liquidity work below in the form of overlapping imbalances and fractals, I would like to see continuation of the movement higher during the NY session with targets at the London high.
USD/CAD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a subsequent impulse back down followed by a tight flag and then I'll filter the latter on the fifteen minute chart and be looking to get short with either a risk entry within it if the flag is structured, or a reduced risk entry...
AAVEUSDT has established a significantly vast demand zone adjacent to the $50 psychological level, consistently respected over four consecutive instances, emphasizing substantial buying pressure within this zone. Preceding the recent bounce, AAVE broke above a downtrend trendline, signaling readiness for further upside potential. Subsequent to a robust correction...
BATUSDT's recent breakout above the downtrend trendline and respect for the demand zone affirm its ongoing bullish phase. With Basic Attention Token currently trading near the downtrend trendline, which could act as support, we anticipate a potential continuation of the uptrend. A target at the 261.8% Fibonacci resistance level suggests the potential for a...
we are in overbought area in the daily timeframe . and also there is a huge gap between the price and 200 ema. so i think we see 36500 soon.
| QNTUSDT | LONG @ 98 - 102 | TP @ 103, 104, 105, 106, 107 | SL @ 90 | PATTERN = 200 EMA RETEST | BINANCE | Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time...
| GALUSDT | LONG @ 1.5 - 1.6 | TP @ 1.7, 1.75, 1.8, 1.85, 1.9 | SL @ 1.3 | PATTERN = DESCENDING TRIANGLE BREAKOUT | BINANCE | Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and...
| DOTUSDT | LONG @ 6 - 6.5 | TP @ 6.75, 7, 7.25, 7.5, 7.75 | SL @ 5 | PATTERN = FALLING WEDGE | BYBIT | Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames ...
EUR/USD Short • If price corrects and a three touch tight flag forms, then I'll filter it on the fifteen minute chart and be looking to get short with a risk entry within it after either a high test or a retrace candle. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity...
Gold Gold Gold We are sitting inside an order Block Price still has to break below 2055 before making a run for the highs again That order block that price is inside right now is one the reasons price will make a dash to newer highs but that low of 2055 must be taken out first. Unless your scalping if i were you i just wait till the low is taken out first...
On the Monthly chart, this pair is currently retracing bearish inside a Bullish PB. On the Weekly, we can see that this pair is in a large bearish grind. We sent out a bearish analysis a few weeks back. If you didn't see it, be sure to take a look at it. Let's go further down in our analysis of this pair. On the Daily Chart, this pair has continued its bearish...
EUR/USD Short • If price impulses down below our most recent correction on the one hour chart and a subsequent tight flag forms, then I'll filter the latter on the fifteen minute chart and be looking to get short with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's unstructured or I don't manage to...