Miles4life1

Miles4life1

Hello Traders, Here we are looking at NAS from the Daily timeframe and I have identified two possible scenarios that could play out this week. Scenario 1 is that if price closes above $17600 - $17400 then that will push price further to the upside back to $18k area Scenario 2 is that is price closes below this $17600 - $17400 area then that will indicate a...

Miles4life1

Hello Traders, Looking at GBJPY from the Daily timeframe there are two possibilities that can happen. 1. I am bullish if price continues to trade within this trend channel by breaking above the supply zone shown at $191.378 2. i am bearish if price fails to break above $191.378 supply zone and sellers push price below trendline causing a reversal. Price will...

Miles4life1

Hello Traders, BTC is currently having trouble closing above the supply zone. I anticipate thata failure to close above this would push price back down to retest the Demand Zone. From there, a candle closure below that zone would signal a further push to the downside looking at the support at $62,000 - $60,000

Miles4life1

Hi all, Looking at the NASDAQ from the 1H time frame we see support that can be found at 18250-18200. From there, I anticipate price to retest the upward trendline which will now act as a resistance line as price closed below this trendline. I will look for setups on shorts around 18400-18350. Next support level can be seen on the 1D time frame at 18100-18050.

Miles4life1

Good afternoon all! Looking at Gold from a 4H perspective, we see that price is currently in a downtrend as evidenced by the LowerHighs and LowerLows. We can see that support has been found at $2160-2150 and resistance at $2190-2180 on the 4H timeframe. I expect her to make a push to retest the new resistance zone that can be seen on the rectangle box. A candle...

Miles4life1

Price reached ATH at $18500 and is currently retesting the previous support level at $18420 - 18400 on the Daily timeframe. On the 4H we can see a large bearish engulfing candle which could indicate a possible trend reversal. A candle closure below the Daily support of $18350-18320 will be confirmation of a bearish market. The next available support can be found...

Miles4life1

Price has currently found resistance at 2179.452. If the 4H candle closes below this level, I will be looking to take short orders.

01:47

Miles4life1

From the daily timeframe we see that price has been bullish for the past 2 weeks and has now found resistance at $2195-$2185. This area will push price down to the support level seen at $2170-$2160.

Miles4life1

Price has currently found resistance at 191.100 - 190.900. Looking at the 2H timeframe we see that price is retesting this area. I anticipate that price will make a LH and continue to make LL this week.

Miles4life1

Price has found resistance @ $17950 - 18050 as we can see bearish engulfing candle on the 4H timeframe. I anticipate price to continue its move to the downside to retest the support level @ $17800 - 17850

Miles4life1

Analyzing price from the 4H time frame, we can see that price respected the 4H demand zone and made its way to the upside to 1801.86. This is a key level as sell orders were placed and price then reversed. Secanrio #1- A break of this order zone would indicate a bullish market and price could potential return back to the 4H Supply Zone. Scenario #2- A break...

Miles4life1

Gold is currently in consolidation but I see strong bullish momentum coming in NY session. Feel free to comment and give your own input on how you feel this pair will react come New York.

Miles4life1

In this set up, price has failed to break through structure. Strong wick rejections @ 1870 - 1875 range. But price is also respecting the support level created @ 0.5(1857.26). If you analyze price on the lower time frame, you see that there is a small resistance level @ 1860.764. This area could prove ideal for a Sell Limit SELL LIMIT SETUP- USE PROPER RISK...

Miles4life1

Analysis indicates a small push from the bulls but momentum could soon pick up come London and New York session. Here I have a buy setup but I intend to wait to see how price reacts @ 1.80775 TP1- 1.81369 TP2- 1.81890 SL - 1.80548

Miles4life1

I believe silver will continue its push back to the upside this week. I am currently waiting to see how price is going to react at the Supply Zone (Price Range - 24.300-24.450) If bulls are still in play I would look for a sell setup as price falls to retest the Demand Zone.

Miles4life1

Support and resistance levels have been established. 394.99 as Resistance and 376.50 as Support. I am waiting to see the reaction price has as it hits resistance level, if price still indicates bullish pressure, I will be taking and holding a buy. Vice versa for if price hits and bearish pressure is shown, I will be taking a sell. Buy @ 381.68 ...

Miles4life1

Double bottom formed at support level. I expect its going to push all the way back up to the resistance level once more. This is a long buy so I would use proper risk management

Miles4life1

Strong bullish pressure on last engulfing wick. This is going to be a short buy but use proper risk management and lot size! ENTRY - 25.760 SL - 25.690 TP1- 25.990 TP2- 26.161