Summary: - Currently in a range after yesterdays strong bullish push - Waiting for further confirmations to see if price would go for a retracement or continue further bullish
Summary: - Gold is bullish on HTFs - Respecting bullish market structure - Only looking for buys opportunities
Hello traders, this is a complete multiple time frame analysis on this pair. We can find significant trading opportunities as per analysis upon price action confirmation as we take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any question,let me know which pair to cover in my next analysis.
Head And Shoulders Chart Pattern The Head and Shoulders pattern is very easy to spot and can be a caution for traders especially when the pattern occurs at the top end of a rally or its bearish counterpart, the inverse head, and shoulders that occurs at the trough of a downtrend. In the chart above, you can see the basic structure and the setup of the head and...
Summary: * Gold bearish after yesterdays news * Price is at a strong 4h support * Potential retrace / reversal from this support (buys) * Or we will see a break below during high volume time but need to be careful as this is a strong zone and the breakout could get tricky
Summary: * LTFs printing bearish market structure, * OVERALL We are still in a bullish trend but we are at potential reversal point since 1920.0 is a strong zone. (look left) * Looking for sells UNLESS bearish market structure gets broken
Summary: * HTF market structure is bearish * LTF are forming bullish, we are also at a potential reversal on HTFs * Looking for breakouts, buys have clean range to move up. sells only good below 156.150 * As always just reacting NOT predicting price, seeing what we will get closer to London Open and will just execute on my ideas.
Summary: * Gold has pushed up to 1900.0 which is a strong zone * Waiting to see if we get a correction during london session OR we break that level and continue further * See chart for my plan & confirmations for both outcomes
USDJY bearish , actually in a tricKy situation , we expects two things 1 - price react to the ob , some price rejection at the 4hrs OB 2- Price respect the bearish wave , gy seeing exhaustion from the bulls , 3- price might also break to the upside changing the whole bias , BE PATINT ENOUGH AND YOU WILL CACTH THIS TADE OR JOIN...
Summary: * HTF are still bearish * LTF Market Structure is consolidating * Could get same move as yesterdays london open (bearish drop) * Could get buys altough the targets are quite tight so need to be careful
Summary: * HTF are bearish but we could go for a deeper retrace today * Price is in a small consolidation, waiting for a breakout * Breakouts to either direction could get me a nice move of around 20-30pips * Waiting for London Open
Hello Traders, Here is an educational post about the W-V pattern. As of right now the W-V pattern is not fully formed and we are waiting for price to retrace to the neckline at $244 before we enter. The price target is technical resistance at $309, however you could exit half at the double top resistance near $275, then using a trailing stop the rest of the way...
Summary: *HTF are bearish *Price is at a potential reversal point *Looking for a break & close in either direction
Hi people , Greetings from Team Decrypters We are Still Bearish on Over all Crypto Assets Due to Pending Downside leg of stocks Towards Pre-covid Levels & Pending liquidations of Big playersReasons :- 1- Strong Down trend. 2- Three Black crows. 3-Closing Below poc level . 4-Target the huge liquidation level down side. 5-Lower BB Target.
Summary: * Break and retest out of last weeks consolidation * Missed the latest buy opportunity at the retest * Waiting to see if we break 168.0 for continuation buys