Long term bullish on Utilities, but this is quite the move over the last few weeks. Looks exhausted with the latest Friday candle forming a -> dark cloud cover. Also interest rates have not dipped that much to push this interest rate sensitive sector higher, perhaps hype around AI energy usage is driving this. Trade: Short term pull back -> bear credit spreads
Long EURJPY, 4H entry 165.360 - 165.090 sl 164.000 tp1 166.870 tp2 168.293 move sl to entry if price reach 166.158 OANDA:EURJPY
Market Structure still bearish on HTFs Looking at the continuation of the downtrend move Waiting for price to break below the AOi and retest for an entry; My AOi is at a Daily Level Retest of the Weekly EMA Weekly Rejection at AOi Daily Rejection At AOi H4 EMA retest Candlestick rejection from AOi Potential Head and shoulder pattern Awaiting more confluences...
Entry Taken During London Session. 1. Daily Candle Strong Bullish Hammer Indicating Buys Over Sells. 2. Price Creating New HL's and HH's Indicating Buys. 3. Entry Taken at 15 M Break Of Highs.
I hope you have a good trading week too. I'm sharing an analysis to provide an overall perspective on market conditions and potential trading opportunities for the upcoming week. Your feedback on my analysis is crucial for its improvement, so let's interact and collaborate. In the daily timeframe, we've witnessed the formation of two strong upward legs with...
Entry Taken During London Session. 1.Daily Candle Strong Hammer Indicating Buys over Sells. 2. Price Created new HL's and HH's indicating Buys. 3. Price Created a New HL and HH. 4. Entry Taken at 15 m Break Of Highs.
Entry Taken During London Session. 1. Daily Candle Bearish Indicating Sells over Buys. 2. Price failed to break the Previous Highs. hence Creating A New LH. 3. Entry Taken at 15 & 30 M Break Of Lows.
Chocho Sell After retracement we enter a sell position in the order block.
OANDA:XAUUSD Hello everyone , i think goldie is falling from its daily trend line and bearish will be countinue 2265 . what you think ? leae a comment and tell me your idea
Nifty today received some support from the bottom and some support from the interview of home Minister where he was seen very confident about forming a stable government as well as talking about investments in the share markets and how things will be in case they win (Which he was confident about. Nifty took support near 21821 and broke a negative trend line and...
Slow week but as I am a scalper, short term price movements is what really matters for me. With that being said, the intraday EQ @ 1.07571 is my first point of call with target 2 being 1.07434.
Slow week but as I am a scalper, short term price movements is what really matters for me. With that being said, the intraday EQ @ 1.07571 is my first point of call with target 2 being 1.07434.
Interesting to see how price action plays out. Bullflag pattern printed with the notion that bulls could break out of a bullflag when the total opposite could happen.
Not as obvious as ES and NQ but i do have the inclination that $39,800 is in the cards. Worth monitoring it throughout the week
NQ has been relatively rangebound for the past 4 days, with Friday sweeping buystops before closing as a shooting star inside of all the other candles. It’s challenging to agree with one side of the market place but as we have witnessed a rejection from the 50% PD array @ Fridays 10am US session capitulation, a lot of pain from bullish participants who are long...
With bullish price action this week, some sort of retracement is considered healthy and with 5229.75 in the cards for a draw of liquidity, next week will be interesting.
After last weeks -1.84% sell off into 104.522, it’s expected for price action to trade within a rangebound state, as accumulation needs to take place in order for the next draw of liquidity to be attacked. Although the majority of the week has been bullish, Thursday saw significant selling pressure, booking at the weekly EQ @ 105.212 before reacting to the upside...