9th May DXY:Look to break out of consolidation, push up higher to 105.80 (61.8%), could retest trendline, rise to 106.10 NZDUSD: Sell 0.5975 SL 20 TP 40 AUDUSD: Buy 0.6595 SL 30 TP 60 (dxy weakens) USDJPY: Buy 156.25 SL 30 TP 70 GBPUSD: Buy 1.2475 SL 20 TP 60 EURUSD: Sell 1.0720 SL 20 TP 40 USDCHF: Buy 0.91 SL 20 TP 40 (break out of consolidation) USDCAD:...
Trade ideas linking liquidity + P/D arrays. Understanding liquidity is tricky as people said that liquidity is everywhere in the market e.g. lows, highs, fvg, trendlines, stoploss etc... I found that in my trading with P/D arrays something was missing, why is it that some P/D arrays work and others fail. The answer is liquidity. The perfect scenario; Price...
Nifty 15m idea Key Levels 22100 Importnat Support level Trigger for Trend Reversal - 22186 ( Closing and Opening)
H1 - Bearish trend pattern followed by a pullback No opposite signs Until the two strong resistance zones hold my short term view remains bearish here.
Here on Gbpusd price has made a rebound around a psychological level of 1.25000 and now held dowing showing that sell has taken over at this point going for SHORT is needed and targeting profits should be around 24500.
As discussed throughout my yesterday's session commentary: "My position: I am holding my Selling order with #2,322.80 entry point, however I have adjusted my Target and now #2,292.80 represents my optimal Target for the sequence" I have engaged another order with #2,320.80 entry point which is still running in decent Profit (will await final / eventual #2,300.80...
As discussed throughout my yesterday's session commentary: "My position: I am holding my Selling order with #2,322.80 entry point, however I have adjusted my Target and now #2,292.80 represents my optimal Target for the sequence" I have engaged another order with #2,320.80 entry point which is still running in decent Profit (will await final / eventual #2,300.80...
Bearish sentiment on BTCUSD Lots of fundamental events pushing price down Expecting price to drop to 59400
BINANCE:BNBUSDT recently broke the key resistance level at 600. The market is probably going to consolidate below the strong resistance and then break through. However, on the 4H timeframe, the market was moving sideways. It broke the top of the range, then retested it, indicating potential trend continuation. On the weekly timeframe, the market formed a massive...
I am expecting a pullback trade from the current daily support level where the market is now. If we analyze the 1-hour chart, a head and shoulders pattern has formed, and the pattern neckline has been broken upwards. We will take the trade on the retest. Buy limit 1.0962 Sl 1.0945 Tp 1.0982 and 1.1002
Oh Lord. Give us a sign and let the bears disappear ....
We have a change of character in 4 hours so we are going to look for purchases in (backwards) to the sales area so we have a lineup in 15 minutes to go shopping. I'm just waiting for the liquidity from Asia to be able to react in an order block of 30 minutes with confirmation. We enter.
EURNZD experienced a breakout from its bullish trend. The pair has been quite slow lately maybe its because of the many corrections, A strong impulse move to come since we have broke out of our trend line and it retested multiple times and formed a flag to confirm the downtrend momentum that await EURNZD. After the push below our bullish zone says Smart Money...
Price is currently heading to our resistance level and hope for bearish reaction to see downward move in price.
GBPUSD - Buy Stop - Bullish Reversal Pattern - Divergence - Entry if Fib 0.38 broken
The EUR/USD exhibited a modest bearish tone and closed in negative territory during Tuesday's trading session. Despite attempts to recover, the pair struggled to regain traction after reaching a peak of 1.0800 in recent days. Looking ahead, today's economic calendar appears relatively quiet, with no high-impact data releases scheduled. However, market participants...
Today, the price of gold is hovering around $2309, showing a downward trend as the US dollar has risen approximately 4% against the basket of six major currencies. Despite the strong global demand for precious metals, particularly in Asian regions such as China, India, and South Korea, the robustness of the USD continues to exert downward pressure on gold...
The Gold price chart on the H1 timeframe shows a precarious situation. Bullish speculators face skepticism after failed attempts to break free from a short-term downtrend. Gold now hovers around the $2300 USD/oz support level. Expectations of a rapid price surge to historical highs above $2400 USD seem distant. Traders await significant catalysts, such as the...