FX:GBPJPY Overall structure based on the weekly, daily, 4h and 1h, hence i have a bullish bias on GBPJPY. Price was countertrending and eventually broke and closed above 187.275 1H key support area and also broke countertrend structure and made a retest what is now 187.275 1h key support area. a bullish engulfing candlestick on the 30min and also a double bottom...
Hello Traders ! Today, The GBPUSD Price Reached A Resistance Level (1.24980 - 1.25484) Currently We Have 2 Scenarios: Bullish Scenario📈 If The Price Breaks and Closes Above The Resistance Level ! We Will See a Bullish Move📈 TARGET: 1.27000🎯 Bearish Scenario📉 If The Market Breaks Higher Low and Closes Below That I Will Sell On Retest... TARGET: 1.22260🎯
retraced into a FVG recently broke structure on the 5 min so either it swept its liquidity down there in the FVG and continues breaking the old high that i marked out as black (5 min, 15 min, 1h, 4h) and just rallies or it´ll go down again sweep liquidity once again and then will continue to break the last highs. tp under the FVG that i marked out that could bring...
Possible head and shoulders set up. I think we bounce here off the neckline back to around 460. This is just from a technical view news could possibly alter this but I was right on the recent drop to 420 so I think a move back to 465 should be appropriate and NVDA makes large 20pt moves like nothing so its really not that big of a move in reality.
Hello Traders! On The Daily Time Frame, The CADCHF Price Reached A Strong Resistance Level (0.68135 - 0.68320). Currently, The Price Failed To Create a New Higher High. The Last Higher High is Broken (Break of Structure). The Support Line is Broken. So, I Expect a Bearish Move📉. i'm waiting for retest... ----------- TARGET: 0.66300🎯 ___________ if you agreed...
Today 9/13/2023 AMZN broke resistance at $144. The 8 hour time frame is showing a golden cross and all exponential moving averages above the 200 (orange line) & 50 day ema (pink line). To step it up for even more confirmation the 10 day ema (baby blue line) and 20 day ema (yellow line) shown by the blue and yellow lines also reflect a bullish break of...
NYSE:JPM is showing the following bullish signals in the Leave A Legacy Indicator: Break & Retest of highs ($144) from Feb-Mar. The break of these highs created a break of structure. Test of an uptrend created from the low of 2022 and March 2023' Break and retest of a downtrend created from the high of 2022 and Jan. 2023 Swept buy side liquidity from the...
this week's been a bearish week so far , BUT ; we are still making HH & HL in HTF , and every break had the characteristics of a BOS . second leg into an order-block means trend reversals to me and its not a professional idea its only based on my own experience . not gonna lie ,i didn't see prices bellow 25K as a possibility .so im not perfect . (guess u...
Ever noticed how after a market correction, there's often a rebound that seems to defy gravity? Well, hold onto your digital hats, because we're diving into a cool phenomenon – the "twice as nice" rule of post-correction surges. 🔍 The Dip and the Rise: So, picture this – the market takes a little dip, a breather, if you will. Then, out of the blue, it bounces...
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Ethereum 💪 If we are looking at the macro view on the monthly timeframe you can see that Ethereum perfectly retested the 0.768 fibonacci level in confluence with the previous cycle high so everything looks like we are...
Our probability indicator has observed Long Term BOS (Break-of-Structure) on Daily TF. Essentially what that means is that we closing in on bearish cycle for XETR:CON and new bullish leg is forming for longterm continuation of new bullish cycle. We expect further bearish correction to 68.30 - 64.80 zone ( Current Inverse H&S pattern support zone ) where...
Programming the mind to follow my plan every day is challenging. In order to secure a future as a trader, I must follow my own rules. Today I was able to capitalize on my principles, and I like to share it today. I was able to secure profits, by planning a day ahead. Price already rejected to this area yesterday. This is also the lowest low OANDA:NAS100USD ...
My Eaze Strategies is a Strategy thats stress free base on it has just 1 or 2 entry per week and i have used it on Arbitrium(ARB) since they launched and we are Up 20%. In 9 and Half weeks since ARB launched i have heard 4 trades, three wins , 1 lost and 2 did not hit my entry and some did not play my Strategy criterial. if you want me to share this strategy ...
GBPCHF is near to supply area which is also a 0.5 to 0.61% Fib confluence. Will GBPCHF show a bullish reaction from this region?
Here is 1hr timeframe on a EURJPY pair,my personal bias is bullish andbearish depends how will price react,if it breakes 146.650 i will wait for retest and that would be a BOS for me,that is Break of Structure,and if bulls manage to break above 147.700 i will wait for a retest and a buy to 149.600
On The Daily Time Frame The AUDJPY Price Reached a Resistance Level! Currently, The Higher Low of The Bullish Structure is Broken (Break of Structure)🔥 The Support Line is Broken 🔥 So, I Expect a Bearish Move 📉 i'm Waiting for a Retest... ----------- TARGET: 86.880🎯 ________ if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
LESSON OF THE DAY: When the price breaks and closes BELOW the wick of the previous LOW in a DOWNTREND we have a Break of Structure to the downside. Think of a Break Of Structure as a simple CONTINUATION in the overall trend. Which in this case is a downtrend. Do you use SMC in your trading?
CURRENCYCOM:US30 Price on US30 rejected 32568 Daily resistance. With the previous day's FOMC statement pushing price down. It broke and closed below 32262 key support level. Price went on to retest at what is now resistance at 32262.