Gold is not showing signs of slowing down and it most likely won’t. There are signs of confluence, the 2 biggest being that there is imbalance in the supply zone on the 4H TF and the second, being that price hasn’t interacted with a valid order block in a suitable zone. Enter with caution and seek.
Price should continue following the upward trend. It does have certain characteristics of a pull but it has yet to exhaust the upward momentum, in fact it’s in its last legs. This trade, if taken, has an RR of 3.72. NOTE : This is not financial advice, please do your own research.
On the weekly timeframe, USOIL has already reversed into a buy, breaking significant structures. I believe it'll keep seeking out buys. The daily time frame confirms that too - with current weakness showing in order to gather liquidity to complete the long move. In terms of where it'll react from - that depends on the structure it breaks. If it breaks (Likely and...
EJ broke structure - I would wait for the price to return to the point of interest and begin working. If it breaks upwards eventually - let the idea go, however if it breaks the second structure? Take the sell. NOTE: This is not financial advice, please do your own research and be aware that any risks are being taken solely by you, the individual.
The price has already broke structure on the way up, after reacting well from the POI, allowing for the break to occur. For this trade to work out, please wait for the price to tap into the order block - if it doesn't happen, let the trade go. With an RR of 3.41, this is a trade worth taking - even though I'd prefer more. NOTE: This is not financial advice,...
Another exotic pair, exercise careful actions when trading these pairs. Anyway - Clearly the bias is a sell. The price reacted well off of the POI and is now creating structure, with a liquidity grab having been made to the upside. As evidenced by the 1m chart, the price is looking to break structure so you could get ready to look for the order block. An order...
This is my analysis for the Pair USDCHF, week beginning 24/07/2023. As shown by the change of character on the 4 hour chart, USDCHF is now ready to return to its original point from where it broke, I have drawn out a POI and I expect the price to keep falling and reacting off of it and going to the next significant point. I would suggest to search for longs...
USDZAR is looking to reverse. It has clearly slowed its downwards movement and is looking to reverse up top to potentially continue its down movement. This was signified through its break of structure on the 4H chart. As shown on the 15 minute chart it has broken structure. The only worrying part is that it is returning back to break even. However this has the...
Multiple breaks after reacting off of the point of interest below and purging liquidity USDCAD is pushing upside. This trade has an RR of 9.95 - with 3 TPs: 1.33880, 1.35150 and final TP - with a probable RR of 15 - 1.35830. This is just an idea - please use caution when entering. This is not financial advice.
With an RR of 9.33 - EURCHF will continue on with its long this week. Once it breaks the structure it would be best to enter - there have been signs of this being attempted previously. This is simply an idea.
USDZAR has been selling for most of last week, closing out with a buy action. Once it hits market structure it’ll look to buy to supply. This is just an idea.
Silver has been going towards supply all week long. It has continuously broken market structure and will continue going up most of next week. The TP of 25.810 is expected. This is simply an idea.
EJ was shorting for most of the week. I believe it ended the week by collecting enough liquidity which lead to the break in structure and a continue to the upside. This is a trade idea.
GU has broken and has been breaking previous market structures, only to keep going higher. GU should keep buying the whole week returning to previous supply / highs. This is just an idea
After it’s rally up DOGE is looking to continue its recent breakdown to demand. I expect it to sell off. Please trade safely - this is just an idea
SOLANA is CLEARLY selling off. I took advantage of the fact that it has broken structure on the 30 min TF, with supply being respected, as SOLANA continues its attempt to respect demand. PL ratio is a juicy 29.5, with my explanation being the fact that there is plenty imbalance to chase towards demand. Please trade safely.
The trend is showing that DOGE is falling, therefore I identified the next best order block to look for a sell from. P:L ratio is 7.15
Happy new week! EURAUD was initially supposed to carry on as a sell, however it failed to do so, and carried on upwards as a buy. This leads me to believe it will return to demand before pushing to supply. This is simply an idea