Gold has topped up it major level creating a HH after Wide grab of previous BUYSTOPS and Closed below the invalidation level(buystops line). According to my speculation GOLD is likely to drop drastically after clearing its mitigated orders since price moves into wave cycles and liquidity grab. I kept my eyes on the Fibo ratio level (61.8) . PLEASE COMMENT FOR YOUR VIEWS
Wall street on max highest level as end of 2023 (woo!) according to my speculation on wall street price moves into wave cycles and liquidity grab. after price has taken previous highest liquidity(monthly) we about to see newer price cycles to the downside if not price doesn't close above the the invalidation zone since its our only guard for price to resist the...
NZDJPY showcases a compelling Bullish Trendline on the Weekly chart, indicating a bullish trajectory. Zooming into the Daily Chart, I've spotted a potential Bullish Shark Pattern awaiting completion at 87.33. This presents a promising combo trade opportunity, aligning with the long-term bullish trend indicated by the Weekly chart. What are your insights or trade...
GBPUSD exhibits a stronger bullish trend compared to EURUSD, despite a Weaker Bull Trading setup. I'm eyeing a buying opportunity for a longer-term trade strategy. However, this doesn't deter me from considering a Bearish Shark Trading setup on the 1-hourly chart as a potential shorter-term play. Simultaneously, I'm patiently awaiting the formation of a Bullish...
After last weeks incredible failed breakdown we blasted back to the upside in which case I am sure took a lot of traders off guards. This week i will be looking for areas of supply on pullbacks and continue to buy this trend to the upside. With most data being out of the way lets look forward to the new year!!!!
The Poor ETH Maxis Sol is just on a tear Relative Outperformance is insane Love to see so many people sidelined when a super high beta asset like SOL, which of course is an easy play just goes on a tear Now that begs the question > Is it a leading indicator for the rest of the market I mean fundamentals are extremely strong quantitatively so...
gbpnzd seller taking chances after lq has been taken and retested giving us a strong resistance zone as price drifting a drop for a support/sell side lq
see and watch :) 💥After breaking the $2.5 range on the weekly time frame, it looks ready to move to higher targets... WOMAN , LIFE , FREEDOM✌
Gold has been quite bullish lately. Most of our TA is indicating it will keep increasing; however, in the short term we may see a small correction back to the support line ~2036. This support line; based on our TA, may hold and then the price continues to increase. However, if it fails there may be a potential dump all the way back to the 2005 range. In this...
We got a confirmed bearish trend change for GC (2 LL and 2 LH is what I look for to ensure I do not fall for the trap of a fake trend change!) Now looking for trend continuation to take a short trade. Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min...
Gold D1 decreased yesterday, but the price bar had a narrow range so it did not show strong downward pressure. Yesterday's D1 bar fell inside the previous D1 bar to create an inside bar model, showing cumulative price compression. The main structure is still the larger inside bar model in D1, so we have a double inside bar, showing deep price compression, easily...
EURUSD 4h ABC corrective wave AS EURUSD is in Bullish Trend, this a counter trend trade with loss Risk: Reward. This trade will be not valid if the price action breaks the 1.1010 and close. SL @ 1.10105 Entry @ 1.0960 TP 1 @ 1.0852 TP2 @ 1.0820 Note: This analysis is for the educational purpose. Note: Trading is the subject to market risk....
Gold had its second consecutive day of price increase, but because the price is still in the inside bar model, the state of cumulative price compression continues to be maintained. The current D1 gold chart structure is sideways, overall favoring price increases. H1 gold pushed up yesterday, breaking the accumulation zone below. Currently the price is blocked at...
EURUSD price action hasn't changed much, we see the price still trading around the daily and weekly resistance zones. Currently there is no signal of price reduction so it is impossible to sell. For the time being, please continue to monitor this current resistance area. If the price forms a nice sell-down signal or in a low time frame you see the price changing...
After falling sharply from the 1.10 resistance area and creating a bearish signal (rail pattern) on the daily, EURUSD had little fluctuation in the past session, with no significant changes. As mentioned, short-term rallies will give bearish bettors more advantageous entry points, you can wait to buy at the resistance zone.
This stock really like to make expulsive moves, I marked up a few ones with blue arrows. Now is sitting on a support, no price action yet but it doesn't give you much time to think. So I just bought a bunch of this and now just wait.
Despite the increase, yesterday's D1 gold bar had a narrow range and had an upper shadow, showing weak buying power. Yesterday's D1 bar fell inside the previous D1 bar to form an inside bar pattern, showing cumulative price compression. The D1 gold chart structure shows an overall sideways state with a bullish bias. Gold H1 rebounded to retest above and is...
The market has entered a time of year when capital flows dominate fundamentals, making it difficult to determine the cause of any market movement. Markets are paying attention to the Red Sea crisis and how the United States will respond to this threat to global shipping. In addition, gold also has fundamental support as the Fed turns to a dovish policy and the US...