USDCHF is currently testing a recently broken horizontal structure support, that presumably turned into resistance after a breakout. As a bearish confirmation, I see a horizontal range on an hourly time frame and a bearish violation of its support. I think that the price may drop soon to 0.9063 ❤️Please, support my work with like, thank you!❤️
OANDA:GBPUSD scalp enter moder , ex Unlock the power of precise market timing with our CISD and OB Enty strategy. This dynamic duo of technical indicators provides traders with a comprehensive framework for identifying optimal entry points in the market.
On the above 2-day chart price action has corrected over 60% since the 200% move in September (idea attached). A number of reasons now exist to consider a long position. They include: 1) Price action and RSI resistance breakouts. 2) Price action backtest on past resistance confirms support. 3) Volume. Money Flow resistance breakout. I don’t know why, but more...
Market Structure Bearish on Higher Time Frames Weekly and Daily at the same AOi Weekly Rejection from AOi Previous Weekly Structure Point Daily Rejection Candles Daily EMA Retest Around Psychological Level 1.26000 H4 Candle stick Rejection SOS 1:5.26% Entry Signal 95% REMEMBER: Trading is a Game Of Probability : Manage Your Risk ...
On the above daily chart price action has corrected 40% from the recent high of 20 cents. Price action is about to return there. Why? 1) Price action and RSI resistance breakouts. 2) Price action confirms support confirms on resistance. 3) Bull flag breakout forecasts a 50% move in price action. Is it possible price action corrects further? sure. Is it...
On the today's live stream, we discussed GBPUSD. The pair is currently testing a key horizontal demand zone on a daily. Our to signal to buy the market with a confirmation, will be a bullish breakout of a horizontal neckline of a double bottom pattern on 1H time frame. An hourly candle close above 1.2502 will confirm the violation. A bullish continuation...
Multiple time frame analysis for Gold. Forecast, technical outlook. Trading plan. Key levels. Price action. ❤️Please, support my work with like, thank you!❤️
Hey guys! Just wanted to come on here and post a potential opportunity I see on Silver for a potential short opportunity to higher timeframe demand! Let's dive in! OK so what fueled this idea for me on this commodity was the recent bearish move it made last month when it made the huge attempt to hit 30 oz for Silver and failed to do so driving prices back down...
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
Short-term analysis of NASDAQ:TSLA indicates that the price is most likely to head to trade above +$200 in the coming days/weeks. Breaking down the reason behind the current setup and why we should be expecting new mid-term highs: Feel free to share your thoughts or any feedback you have on the analysis. Also, if you're interested in analyzing the...
Market Structure Bullish On HTF Weekly and Daily around same AOi Weekly Rejection Candles Daily Rejection At AOi Daily EMA retest Around psychological Level 1.71500 H4 EMA Retest Candlestick rejection from AOi SOS 1:4.92% Entry Signal 85% B+ REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient ...
Last week, there were fireworks across all JPY pairs, with each hitting multi-decade highs. Notably, EURJPY reached an all-time high, peaking at 171.5 before experiencing a sharp drop due to two rounds of intervention by the Bank of Japan (BOJ). So, what’s next for this pair? This week, it’s been slowly creeping back toward the zone where the second round of...
H4 Analysis: -> Swing: Bearish. -> Internal: Bearish. Price has now printed a bearish BOS and iBOS as price needed a pullback from all HTF's Following the shift in structure we now expect price to pullback. First indication, but not confirmation, of pullback initiation would be for price to print a bearish CHoCH which is denoted with a blue dashed line. ...
Watch this space for more update, OIL is now bearish . We are setting second sell limit at 86.17
The Daily (D) time frame has made an inverted hammer off the top of the Weekly (W) consolidation zone. On top of that price is wicking off the .786 FIB levels from a minor W FIB from 1/14/24. Looking for price to push back down to a minimum the mid point of the W consolidation zone that started 1/29/24.
We have 4h liquidity sweep, shifted bullish and initially made a minor sweep to mitigate the breaker block, followed by the first break to the upside then after an internal sweep to mitigate the order block… looking for a pullback to the unmitigated order block then a hike to the buy side liquidity…
With predominantly bearish price action during the week, intraday sentiment is more shifted towards a continuation to the downside at this current time. Due to higher time frame narrative, I am looking out for a retracement to 4.563% hourly fair value gap. Candle body closure below 4.455% will negate the idea.
Bearish trend was broken on Daily and Weekly last week, which made the Market bullish again Market Structure Bullish on HTF Weekly and Daily at the same AOi Weekly Rejection from AOi Previous Weekly Structure Point Daily Rejection Candles Daily EMA Retest Previous Daily Structure Point Around Psychological Level 0.81500 H4 EMA retest Candlestick Rejection at...