USDJPY driving up towards it's final target of $153.300 which will complete its final wave, which is Wave V. According to the EW theory, this should mark the end of the bull run, which'll then be followed by a crash in this exact scenario. Upon completion of this final impulse move up (Wave V), we can look to start positioning ourselves into a MULTI-YEAR...
Greetings, traders! In today's trading session, we are closely monitoring USDCHF for a potential buying opportunity around the 0.88020 zone. USDCHF has been exhibiting an uptrend and is currently undergoing a correction phase, approaching the trend at the 0.88020 support and resistance area. Recent Core CPI data from the United States has shown a notable...
Hi all. Timeframe 1 week. The dominance of USDT.D is globally in an ascending channel, after breaking down the triangle, it is approaching important support. Where with a high degree of probability there will be a rebound/correction of the entire cryptocurrency.
The AUD/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a bearish channel pattern. This pattern suggests ongoing selling pressure and a higher likelihood of further declines in the coming minutes or hours. Key Points: Bearish Channel Breakout: The price has been trading within a descending channel...
Gold sells running in VERY, VERY DEEP PROFITS within the Gold Fund for our bigger investors😍 Bare in mind, we still have 1,000+ more PIPS to the downside left to catch, so we will position ourselves into more sells during pullbacks & if market structure allows us to do so.
H4 Analysis: -> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. As per previous analysis price did target weak internal low. Internal structure remains bearish. Price has printed a further bearish iBOS. Expectation is for price to react at a POI, which price currently is reacting to Daily and H4 nested demand levels. Bullish CHoCH, indicated by...
Good morning and i hope you are well. USD/CHF bull case: Bulls want the breakout of the triangle and bear channel here to test the 2023-11 and afterwards the 2023-10 high. The rally looks good enough that they can get it. Measured move target is right in between those 2 targets. If they can get the breakout, the market cycle changes from bear trend to trading...
Here is a loose prediction on how AUD/USD will move on the hourly timeframe using ICT Concepts, just for fun. This prediction is based on an hourly Breaker and a signature R2F Gap. Remember, to only trade what you see and not what you think. Our minds can play tricks on us. - R2F
This is my Intraday analysis on EURUSD for 14 Feb 2024 W7 based on Smart Money Concept (SMC) which includes the following Time Frames: Daily 4H 15m Daily Chart Analysis 1. Swing Bearish INT Bearish 2. Within the Bearish Swing we are currently in the Swing pullback reached the Swing extreme area and mitigated a Weekly Supply zone (But...
– Monday Daily candle closed extremely Bearish at 1993.100 filling the previous Monthly Low. I’ll be looking for potential Buys above 1998.100 to retest previous Daily Support formed on 18th January 2024 around 2005.800 and 1h previous Support formed at 2012.800. I’ll be looking for potential Sells below 1990.000 targeting 4h previous Resistance around 1984.700...
The sell we have been waiting for, gold has broken structure and its headed lower. Stops above 2041 and targets below 2001 will be an ideal target. Use proper risk management.
After the impulse sell off from $2,140 I can see Gold heading lower & consolidating for the remainder of 2023. This is only a short term play, but Gold can still possibly push higher towards the $2,100 zone to fill in the wick, before selling off. ⭕️5 Wave Impulse Complete. ⭕️Strong Impulse Sell Off. ⭕️CHOC + BOS + Supply Zone Retest. ⭕️Wave W-X-Y Pending.
Even though our mid term buy, hedge analysis got invalidated, it just means our main sell position is now in higher profits!😍 CPI has melted Gold prices below January's low, showing a break of structure which'll now be followed by a continuation. Eyes on $1,890👀
We wer longs on AU but It seems it will not make more highs, reversing from the mid of the channel. Closing buys in profits and continue sell till resistance
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61250 zone, NZDUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.61250 support and resistance zone. Trade safe, Joe.
Hello traders, EOSUSD makes some INTERESTING moves while the cryptocurrencymarket begins to decline! In my analysis i detected several bearish signs which are important to look at! In my chart provided you can see that EOSUSD formed a massive ascending wedge till it broke out on 26th june. EOSUSD touched three times the lower line and four times the upper line of...
AUDUSD - 24h expiry Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The selloff has posted a correction count on the daily chart. Risk/reward is ample to call a buy trade. Price action looks to be forming a bottom. Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the...
Hi guys, this is my overview for GBPUSD, feel free to check it and write your feedback in comments👊 A not long time ago price entered to flat, where it first broke resistance level, which coincided with resistance area. Then GBP declined to support level and at once bounced up to resistance area, after which in a short time fell back. Price rose to resistance...