AUDJPY broke and closed below the resistance at 97.000, which is psychological as well. The market also broke the ascending channel, indicating a trend shift. Price at confluence level, where resistance is at 97.000, dynamic resistance level, and fibo level 61.8%. We expect a bearish move from the confluence. ------------------- Share your opinion in the...
GBPAUD is in the consolidation phase. As you can see, the market is just consolidating between support and resistance. Price created the kill zone where there's a bearish harmonic pattern and dinamic resistance. We expect a bearish move and a retest of the support level. ------------------- Share your opinion in the comments and support the idea with a like....
GOLD is approaching the support level and channel border. Price tested the support level and bounced off before. Price is decelerating while approaching the support and 127.2% fibo extension level. We are looking for buying opportunities at the major support level. ------------------- Share your opinion in the comments and support the idea with Like. Thanks...
GOLD is consolidating in the ascending channel, making lower lows and higher highs. The market is consolidating after a retest of the support level and lower channel boundery. Price is testing the reaction zone where it bounced off a couple of times. Price action is likely to continue consolidating until the new trend is confirmed by a breakout of the support...
EURAUD reached the kill zone: support and 50% fibo level, bullish harmonic pattern. Price pulled back to the support zone with deceleration and is now in an oversold condition. The market is trading near the psychological level 1.65000. We expect a retest of the resistance level. ------------------- Share your opinion in the comments and support the idea...
NZDCAD is moving in the descending channel, and it has made lower lows. The market broke and closed below the support level, which became a resistance that was respected before. We anticipate a bearish move from the resistance level at 0.82000 which is psychological level as well. ------------------- Share your opinion in the comments and support the idea...
This educational post is great for beginners who are just starting to grasp the concept of SMC. We've already talked about what an order block is. This time we'll talk about other types of blocks in trading. ✴️ Mitigation Block Mitigation Block is a sell or buy zone, which is formed when the market structure (BOS) continues. In other words, it is a broken order...
EURNZD is currently pulling back from the resistance level to the support level at 1.77000. After testing the ascending channel border, the price fell by completing the D point of the AB=CD pattern. We expect a trend continuation trade from the kill zone: support level, and 50% fibo level. ------------------- Share your opinion in the comments and support the...
AUDCHF is in consolidation zone on the D chart. The market decelerated at the support level and rebounded following the double bottom, then it created the divergence. We might see some sharp moves because the price has reached daily support level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
GOLD created a bearish harmonic pattern where the D point is at the resistance level. The market bounced off the resistance and the fibo golden zone. The market is moving to resistance levels and dynamic resistance, where we have confluence to short the market. We expect a rebound from the resistance and go down to channel...
UKOIL broke the ascending channel and went down. The oil market is likely to create a pullback from the support level. We anticipate a continuation of the bearish trend. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
ETHUSD is consolidating following the dump. The market is prolific, with harmonic patterns in consolidating markets. We expect a rejection and bearishness from the kill zone. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
UKOIL bounced off the resistance at 84.00 and the 127.2% fibo extension level. Price created the bearish harmonic pattern after breaking out of the descending channel. The current trend on the D chart is a pullback against the major trend. We anticipate a pullback and bearish move. ------------------- Share your opinion in the comments and support the idea...
GOLD is currently trading in an ascending channel, making higher highs. It broke and closed above the resistance level at 2048, which became the support level. The market is consolidating following the bullish move. We anticipate a retest of the major resistance and a bullish move. ------------------- Share your opinion in the comments and support the idea...
NZDUSD is moving in an ascending channel. The market has dropped from the major resistance level. The market is creating a bearish harmonic pattern, which is additional confluence. We expect a pullback from the resistance since the market is moving sideways on the 4-hourly chart. --------------- Share your opinion in the comments and support the idea with...
EURJPY is approaching the upper border of the descending channel. The market bounced off the resistance level by making a pullback. Price action is printing lower lows and lower close, indicating a bearish trend. The trend is bearish , so the price is likely to test the support level . ------------------- Share your opinion in the comments and support the...
GBPUSD broke and closed below the consolidation zone, which became the resistance level. The market created a resistance level, which is a consolidation border. Price tested this level multiple times, creating structure shelf. We expect a bearish trade. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
EURAUD broke out of the descending channel and is testing the resistance level. The market created the bearish harmonic pattern. The market overall is in a bearish trend. Price is likely to go down from the resistance level and retest the channel border (support). We expect a bearish move from the conflunnce level. ------------------- Share your opinion in...