W1 Tf - short bias But price reversing soon as it will reach W1 demand D1 Direction NO trade yet. See where price will go - price dips into demand zone.
W1 - Long Bias Provided that price does not break Demand zone. If price breaks W1 demand zone, continue to sell to the next W1 Demand zone D1 Direction NO trade yet See what price will do next week
W1 - Short Bias D1 - Direction Price is consolidating in between zones H4 - intermediate Direction Price is unclear at the moment, need to observe 1H Entry TF (temp buy as D1 Demand zone is unbroken yet) - need confirmation Buy zone identified TP: about 1:3.42
WK TF - short bias D1 Direction Retracement 1. If price does not break SUPPLY, then SELL 2. If price breaks SUPPLY, then buy from the new DEMAND zone that was formed H4 intermediate TO observe where price will go before deciding 1. If price does not break SUPPLY, then SELL 2. If price breaks SUPPLY, then buy from the new DEMAND zone that was...
As of 21 Nov 2021 WK TF - long term bias D1 Direction Price retracing, to continue uptrend H4 intermediate TF For 1H ENTRY: wait for price to retrace back into GREEN zone before setting BUY orders For 15M ENTRY: Price must break 1H supply zone before setting BUY orders (CLEAN VIEW) TP: 3:1
WK TF - Long Bias D1 - Direction Strong uptrend H4 - Intermediate TF New zone created (blue dotted lines) 15M entry TF 1st buy zone identified (not so ideal) 2nd buy zone identified (better zone) TP: 1st: 3.4 2nd: 8.64
USD/JPY Forms Shooting Star In Weekly Candle. Sell With 1st Target of 112.1 and 2nd Target of 111.1 SL 115
Technical Analysis: #BTC Update(Weekly Chart):- Another Highest Weekly Close ✅ 5th Consecutive Weekly Candle Closed above the 60k Crucial S/R Level.. Currently #BTC is facing resistance at $66000-$66500 Once It closes above $67000K on daily time-frame we can expect a new mega rally soon The weekly candle also managed to close bullish ✈️ Bulls are really more...
WTI turned bearish last week as it broke below the bottom of a range at 81. Although the break-below did not cause the drop to continue and the price has rebounded off strongly on last Friday, the structure of both lower highs and lows is still favouring a bearish market this week. The oil market could still be in a major correction and more downside can be seen...
Despite the dollar has strengthened, the gold marked a strong weekly gain and breaks towards the upside. This could certainly help the gold to climb further but it will face strong resistance at the top of the symmetrical triangle and a strong supply level at 1828 which could provide a good short-term sell opportunity. After which, we will look for a buying...
EURUSD was ranging and attempting a recovery but was dismissed by a strong NFP, causing the price to break towards the downside. However, the price was able to find support at a previous low at 1.1527 and may climb a little further before resuming falling. As the Fed has started tapering while the ECB is still holding to a low rate stance, following a strong NFP...
OMG I want to show this chart as a transition from a Long TF, medium TF, then a short TF. Weekly TF you can see we are breaking out of a Bull Pennant which is very bullish, take the flag pole and add to the breakout to get the target. Spot trade, back test all your Technical Analysis, only use leverage once you have successfully won 100 trades on SPOT. If you...
RUNE closing the week with a bullish, Thorchain native coin must know something What are your thoughts? comment below and follow for more
Following a strong rebound from a 15-month low, EURUSD continued to climb last week and found constant support at 1.1620 before the market closes. Apart from the demand level, the price is also climbing within a rising channel and is moving towards the top of a falling wedge. As such, we expect EURUSD to continue its recovery this week and will be looking to buy...
Gold climbed further just as forecast last week, except that it plunged on the last day and wiped out most gains. Despite so, both the high and closing prices are higher than the previous week and there's no change in the entire market structure. In fact, the price fell just enough to stay supported at a newly formed rising channel. This week, we may attempt to...
EURUSD broke above the top of a falling channel and a supply zone at 1.1590, marking an end of the current short-term bearish trend. The market may falling into a ranging market or reverse into a short-term bullish trend towards the top of a 5-month falling wedge. At the same time, the dollar is retreating from its high amid the market has already priced in a...
Just an idea. EURUSD is currently in a correction phase after breaking its downtrend channel on the 4h timeframe, Which has the possibility to reach levels between 1.18-1.20, Before continuing its downtrend movement towards levels between 1.10-1.13.
what do u think ? 94.400 - buy 93.950- sell -short Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish