Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.66800 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.66800 support and resistance area. Let's delve into the fundamental landscape, specifically examining the recent Consumer Price Index (CPI)...
Hello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price recently rebounded from the 2030 support level, which coincided with the support line of the pennant and made a strong upward impulse to the resistance line, breaking the 2060 resistance level, which coincided with the seller zone. After this, Gold bounced...
+ 1.) end of monthly pullback 2.) 2 weekly wicks rejections 3.) weekly 0.5 fib. level 4.) daily a lot of divergence pressure 5.) building daily liq. 6.) 4h divergence 7.) failed for 4h higher high Now you can also see my entry model with sell and buy areas and minor levels to enter the trades. Entry Model
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to flat, where it tried to rise, but a short time later declined to $41600 support level. After this, BTC some time traded near this level, which coincided with support area, and then bounced and started to rise. Price rose to resistance...
Consider selling USDCAD based on historical seasonality trends and anticipated positive monetary policy by the 2024 Federal Reserve head. Monitor seasonal patterns, economic indicators, and central bank communications. Exercise caution, implement risk management, and seek professional advice as trading carries inherent risks.
#XAUUSD UPDATE Hey Traders, Hope you are enjoying our trading analysis. We are here to update you about our another analysis about #XAUUSD. GOLD was in the down trend according to the LTF. Here we can see that it breaks the down trend line and now going to retest the OB and liquidation zone. We can fine a good buying trade according to this analysis, Also we...
Gold price has been hit hard amid uncertainty over US Retail Sales and Industrial Production data. A strong US Retail Sales data would provide more room for the Fed to maintain higher interest rates. •Further escalation in Middle East tensions could bring some revival in the gold price. Gold price (XAU/USD) witnesses a sell-off after failing to reclaim the weekly...
Gold continues its correction. Statistically, in 92% of cases, the price always returns to a previously broken level to retest it before continuing to move in one direction or the other. In our case, this is the downtrend area that was previously broken Reasons for growth: 1) The Jan. 12 momentum broke the downtrend structure 2) Correction is being formed to...
-> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. After the swing BOS price aggressively moved to the upside. First structural sign of pullback initiation was the bearish iBOS. Price pulled back to beyond EQ where we saw reaction at POI's. Price printed double bullish iBOS to confirm swing pullback phase is complete. Currently internal structure is...
Here is my latest structure analysis for Dollar Index. Resistance 1: 103.05 - 103.65 area Resistance 2: 104.16 - 104.29 area Resistance 3: 104.39 - 104.55 area Support 1: 101.90 - 102.23 area Support 2: 100.60 - 100.88 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Everything lines up for a great sell opp. But I need to see a nice pull back for entry and a high made mid week in order for me to be interested in selling. Im watching orderflow and all is lining up so far. Will wait for news before pulling trigger.
#AUDUSD UPDATE Hey Traders, Hope you are enjoying our trading analysis. We are here to update you about our another analysis about #AUDUSD. AUDUSD was in the down trend and in the consolidation phase from couple of days. It breaks the Range zone below side and form a bearish candle. Here we can see that we had a strong order block, where we had a maximum...
This is my Intraday analysis on EURUSD for 16 Jan 2024 W3 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m NOTE : Still price is ranging and i'm waiting for a break out of that range. Order flow on 4H is currently bearish within the INT Structure so my expectation is to stay bearish and may target the 15m Swing Low. A...
A falling flag was projected on Gbpusd by me and I was expecting a fall, which it did earlier today, my expectation for it today is for this pair to retrace to the 50 EMA and my resistance zone and sell to my 200EMA of 1.26564.
– Previous Daily candle closed weak Bullish around 2055.400 as price ranged across the Monday sessions. – Buys on close above 2058.700 targeting 4h Resistance formed around 2064.200, Leaving Runners to the 1h Resistance formed on 2nd January 2024 around 2070.600. – Sells on close below 2050.500 targeting Weekly Support formed around 2045.500, Leaving Runners to...
For the few years there has been a close correlation between the US Dollar Index, US Treasury Yields, US Oil, and The Volatility Index, as of right now all are forming similar accumulation patterns, with the DXY, and Oil both sitting at the PCZ of a potential Bullish 5-0 at the 50% Retrace after breaking above its trend and the US10 Year yield sitting at the 61.8...
NZDUSD - 24h expiry Afternoon gains were sold into and follow through bearish momentum resulted in the market moving lower. Further downside is expected. Although we remain bearish overall, a correction is possible without impacting the trend lower. Risk/Reward would be poor to call a sell from current levels. A move through 0.6175 will confirm the bearish...
Price action analysis for Dollar Index. Trend analysis & directional bias. Candlestick analysis. Potential scenarios. Trading plan. ❤️Please, support this video with like and comment!❤️