grnntom

grnntom Updated 

Here is my outlook for GBPUSD on the 4H timeframe.

grnntom Updated 

Following price action. GBPUSD has been heavily bullish in the last month. This idea is to continue with current price action. I'm not seeing any significant structure broken to prompt seller taking over yet! Here we can see price has left behind an inefficiency in the market...a big one at that (thanks CPI). From here I'm looking to see GU carry on making new...

grnntom Updated 

Daily swing is bearish. Daily internal is bullish in order to facilitate the swing. Price has now mitigated daily supply due to the momentum from CPI yesterday. After the 4H and M15 bos id expect price to pullback. Price is currently within daily support but it could push higher. I am only looking for shorts due to the significant BOS to the downside as it...

grnntom Updated 

We have a corrective movement to the upside that's exactly what I like to see because that tells me that uh it's not really an uptrend it's going to be very short-lived and that's exactly what happened here so after after price took liquidity from these highs right here ,continued trickling up a little bit higher but then very abruptly dumped to the downside right...

grnntom

Watch this... Wave 3 to take out those highs ;) I have my stop at 1950.8 and ill be targeting the highs as gold pushes to the mooon.

grnntom

Daily and weekly bias is still bearish. Price has now mitigated a discounted area for me to take sells. This area is confirmed with previous bearish break of structure completed because of an order block which left in efficiency with in the market because of how large the volume was the break it. Hope this is insightful. 4HR Chart:

grnntom Updated 

Here we can see GBPCAD in a bullish market. Over the last week price has left multiple footprints confirming its still following trend. Here i had a trade idea which unfortunately never got tagged in to due to volume throughout the Asian and London session. I'm keeping my eye on this pair over the next week to see how price develops but by my initial assessment i...

grnntom Updated 

On USDCAD price can be seen creating HH and Hl which was caused by an impulse move to the upside. This move left behind inefficiency in the market where i see price pulling back to to regain some fuel before breaking the recent high.

grnntom Updated 

The market has given me an opportunity to go long on GBPCAD. Price had impulsively broke structure to the downside leaving behind a clear demand zone to mitigate. This move presented a selling opportunity at premium Fibonacci levels. I have a very simplistic outlook at trading which has come after years of dedication. Simplistic is key to me so i hope this...

grnntom Updated 

On the 4HR Timeframe, price has seen a lot of volume as it energetically moved to the downside. In doing so price has left behind an imbalance and order block in the demand zone. We can see TLL being stacked up as price has been returning to the AOI. Using Fibonacci i have drawn out the premium area of demand where i will be entering the position. I caught...

grnntom Updated 

Here we can see that price has broke its structure, following its long term trend, bullish, i can see a potential for price action to continue its decent. EIGHTCAP:USDCHF

grnntom

Here is my analysis on the DXY!! in the last couple of days the dollar has fallen short. Price has impulsively broken structure to the upside leaving behid a clear supply zone to be mitigated. This presents a buying opportunity at discounted Fibonacci levels.

grnntom Updated 

Price has broken out of its forever pending downtrend where it left behind a JUICY ORDER AOI.

grnntom

Here we see the Japanese index brake structure to the downside after its bull run. After breaking previous structure the market has left a clear order block behind. here i am shorting the pair to the recent low which cause the order block.

grnntom Updated 

ISM PMI data comes out today as well as chairmen Powell is speaking later on this afternoon. As we know, price is going to be very volatile so risk management is key today! i will be holding GBPUSD through the news as Bullish movements are still valid for reaching the target. Fundamental Analysis: GBPUSD currency pair reveals some interesting contrasts between...

grnntom Updated 

Price Impulsively broke structure to the downside leaving behind a clear demand zone to mitigate. This presented a selling opportunity at premium Fibonacci retracement levels.

grnntom

📈 Gold Market Analysis: Potential Retracement Gold has been on a bearish trend over the past month, but the recent developments indicate a possible retracement. Notably, the DXY (US Dollar Index) has broken its structure to the downside and re-entered a range that dates back to August 30, 2023. This shift in the DXY suggests a change in the gold market. Keep an...