On EUR/CAD, it's nice to see a strong sell-off from the price of 1.48640. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated. I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again. The downtrend combined with the...
On USD/CHF, it's nice to see a strong buying reaction at the price of 0.91160 . There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. Strong uptrend and...
AU break the sideway zone. Wait AU retest then go long Plan: - Wait until AU down under 0.6628 - Go timeframe M15, looking for a rejection candle which big volume - Go Buy
During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from...
When buy volume increases, OBV indicator will crossover from brown to green and the opposite will happen if sell volume increases. The green represents increased buy volume, the brownish color represents sell volume.
Gold hit Extension 261.80% From Corection . It is better to take confirmation from the formation of bullish waves or a break in the market structure
XAUUSD is looking still bearish mood but we don’t forget demand area Demand Area 2315 - 2310 Supply Area 2355 - 2362
XAUUSD is looking still bearish mood but we don’t forget demand area Demand Area 2315 - 2310 Supply Area 2355 - 2362
No-need to hurry to enter the market until current futures contract expiration date on the 30th of May (vertical orange line). Also summer is usually not the best period for breakouts due to holiday season. Best-case: BTC price breaks through 69650 intraday resistance level confirming continuation of a short-term trend which started on the 1st of may (short...
This exercise incorporates your watchlist with you indicators. How many stocks in my watchlist are telling me the story I want to verify to enter into a trade. Goal, find a indicator that correlates with the move you are attempting to trade. In this scenario we are looking for Green Volume Sticks for long entry. Using the 12M Time Frame give us the 50,000 foot...
SNDL is shown on a weekly chart with a volume profile and VWAP band lines anchored back three years. Perhaps due to recent news of potential federal legalization or other catalysts SNDL is now above its pivot low. The EMA cloud ( periods 7, 21 and 42) is now green as lines converged into a zero slope and are now rising. Price is now approaching the first...
This is a diary for myself. The increase in volume since FEB - APRIL We are still in correction (ACCM)= GREEN BOX From Previous High to Current Low indicates the next expected pump. We should expect a pump most often than not ends at the 0.625 (RED) GANN target. The expected time frame for this trade is shown at the bottom Entry: 0.0057 TP: 0.018 (~200%) SL:...
USOIL reach the High-Volume zone then react which a hesitated candle. We should wait, then we got 2 plans here: - Plan 1: Price will move UP again, test the HV zone, around 77.8 > 78 then move through HV zone to 78.6. Wail price retest 77.8/ 78 => go LONG - Plan 2: Price will move UP again, test the HV zone, around 77.8>78 then go down. GO SHORT LIMIT 77.6/ SL...
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UJ react with zone 157.1 which most volume here and went down 156.84. Plan: - Wait UJ move over 157 again - Go timeframe M5, looking for a sideway zone - WILL HAPPEN A SHORT CANDLE THROUGH THE SIDEWAY ZONE => GO SHORT. SL 157.25/ TP1 156.45 TP2 156.15
We continue the experiment with a wider range of zones. Let's see if we can guess the places to search for deals for the week ahead. During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most...
During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from...
We see that we are in a strong Bullish Trend. We see BOSs in various dimensions and a very expected strong Retracement. Also the high DELTA is shows a high potential for liquidity in the price range Again i use a tight SL and a realistic TP