Dear Students, I trust you're all eager to explore the fascinating world of trading. Today, I want to walk you through the rationale behind a hypothetical sell position in gold in 2051, leveraging a supply zone strategy. 1. Identifying the Historical Supply Zone: Upon thorough analysis of historical price charts, a prominent supply zone was identified at the...
This is my Intraday analysis on EURUSD for 7 Feb 2024 W6 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bearish OF Bearish In Swing Discount 2. Price made a bullish BOS and after a BOS we expect a pullback. After mitigating the Weekly Supply zone, price...
USDCAD may drop from a key daily resistance. The price formed a double top with equal lows, testing that on an hourly time frame. We just got a confirmed neckline violation. I expect a bearish movement at least to 1.3493 ❤️Please, support my work with like, thank you!❤️
Been waiting on a nice sell set up on GU and looks like it might be finally happening. Monitoring price action to see if we will end up getting a opportunity for London session.
– Tuesday Daily candle closed Bullish forming Daily Support around 2025.000. I’ll be looking for potential Buys above 2040.300 targeting 30min previous Support (2046.300) and 1h previous Resistance held on Friday last week prior to NFP News release around 2052.800. I’ll be looking for potential Sells below 2032.200 targeting Tuesday Daily Support for a potential...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.61400 support and resistance area. Trade safe, Joe.
In today's trading session, the focus is on the USDJPY pair, with traders eyeing a potential buying opportunity around the 148.100 zone. The currency pair is currently in an uptrend but undergoing a correction phase, with the price nearing the key support and resistance area at 148.100. This analysis is supported by recent statements from Chair Powell, who notably...
Truth be told, I initially was liking this for a sell order however , technical, momentum, DXY all tell me i should really place a buy order. I like this entry, I never place pending orders before 0850 EST.
Our Gold sells are running in strong profit. But I have prepared this hedge analysis, showing how Gold could move if we see our 'Scenario 2' bias come into play. Waiting for a move into our supply zone at $2,015 - $2,010. If we see a strong rejection or loss of selling momentum, I will look to open up buy positions. If not then our sells will carry on running in profit🙌
We are still in this buy position, HEDGED against our sells. We saw a deep pullback after the FED interest rate data last night, but we are still holding. Running 180 PIPS in profit.
Gold buyers still holding price above our supply zone & Wave II. If Wave II low gets taken, it's fine as we are still holding sells from 2076 for our bigger Gold Fund investors.
Here is my latest structure analysis for GBPUSD. Resistance 1: 1.2595 - 1.2620 area Resistance 2: 1.2763 - 1.2830 area Support 1: 1.2500 - 1.2535 area Support 2: 1.2377 - 1.2415 area Support 3: 1.2186 - 1.2220 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
H4 Analysis: -> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. Price printed double bullish iBOS to confirm swing pullback phase is complete. Currently internal structure remains bearish. Expectation remains as H4 analysis dated 05/02/2024, for price to continue to trade bearish to target weak internal low. H4 Chart: M15 Analysis: -> Swing:...
Hello TradingView Family / Fellow Traders, On Daily: Left Chart AUDUSD has been bearish but it is currently approaching a robust support zone so we will be looking for buy setups on lower timeframes. On H1: Right Chart 📈 For the bulls to take over, we need a momentum candle close below above the neckline highlighted in gray. 📉 Meanwhile, AUDUSD would be...
SLO @ 1.3085 ⏳ TP5 @ 1.3045 TP4 @ 1.2960 TP3 @ 1.2815 TP2 @ 1.2725 TP1 @ 1.2585 BSO @ 1.2475 ⏳ BLO1 @ 1.2455 📈 BLO2 @ 1.2325 ⏳ After a +600 pips profit towards the downside, we are ready to rock towards the upside again.
This is my Intraday analysis on EURUSD for 6 Feb 2024 W6 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bearish OF Bearish In Swing Discount 2. Price made a bullish BOS and after a BOS we expect a pullback. After mitigating the Weekly Supply zone, price...
GBP/USD H4 Triangle Breakout Hints at Downside: Potential Sell Opportunity Emerges The GBP/USD pair on the H4 chart exhibits a bearish signal suggestive of a potential decline in the coming hours. A recent downward breakout from a symmetrical triangle pattern could offer a shorting opportunity. Key Points: Triangle Breakout: The price has been...
Now that GU has finally broken structure we should be in store for a nice significant move to the downside. Sitting on hands till London Session.