The Dollar Index is currently on a downward trajectory and is challenging a crucial support level. Upon testing this support, a bearish flag pattern emerged, resulting in the support line being breached and indicating a bearish inclination. A breach below this support level would signify a strong indication for more downward movement. This would be confirmed by...
One more instrument that we discussed on the today's live stream is US100 Index. This week, the market updated the all-time high, violating a key horizontal resistance. With a very bullish fundamental data, the Index has a nice growth potential. Next resistance - 19300 ❤️Please, support my work with like, thank you!❤️
Gold broke and closed above a resistance line of a narrow accumulation range on a daily. Such a violation indicates the strength of the buyers and a highly probable bullish continuation. Next resistance - 2403 ❤️Please, support my work with like, thank you!❤️
- Previous Day candle closed bearish . If we are looking for buys we will take on until daily resistance formed on 26 sep 05 and tp 2 on 30 may 24 - If we are looking for sells we take on until tp 02 dec 04 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade.After hitting TP, you are done for the day. - We risk 5-10% of our...
SMC = Smart Money Concepts - Find related Posts that provide explaination on how SMC highlights price action and how to predict what could happen in the market This is in preparation for Thursday June 6 market. As the Asian Market continues overnight. Its seems that there will be a slight decline. This decline will fall into a 4 hour Fair Value Gap (FVG)...
GBPCAD is trading in a strong bullish trend on a daily. For the last 2 weeks, the pair was consolidating within a horizontal range on a daily. With the yesterday's bullish movement, the price successfully violated the resistance of the range. It confirms the strength of the buyers and indicates a highly probable bullish continuation. Next resistance -...
On the today's live stream, we discussed AUDCHF. The pair broke a solid horizontal daily demand zone yesterday. It turned into a supply area. Taking into consideration that the market is under a strong bearish pressure for 3 weeks, we may see a downward movement again. Next support - 0.5875 ❤️Please, support my work with like, thank you!❤️
Hi everyone, Opened BTC UP position at 69100 price with 10x leverage on Fybit trading platform. Target at 72000, Stop loss at 65900. Position was opened on 4-hour timeframe. After rising to 72k Bitcoin price declined below 67k and after some consolidation started to rise again. On 4-hour timeframe on the chart higher lows formed which is signaling about...
Market Structure Bullish on HTF Entry at Daily Level Weekly Rejection at AOi Daily Rejection at AOi Daily Previous Structure Point H4 Candlestick rejection H4 Previous Structure Point Levels 4.98 Entry 90% REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is...
Today we saw a formation of Doji candle in Nifty. Doji candles indicates uncertainty. Colour of the Doji candle shows the bias which is green as of now. So the bias still remains positive with formation of stable government on cards. However on any new or noise from coalition allies the Bears can make a strong comeback. Doji today indicates that Bears are also...
Hello, Traders! Today, We have to Speak about King “₿”. The Bitcoin Halving usually represents a significant milestone in the cryptocurrency's ongoing evolution. Satoshi Nakamoto programmed an event into the Bitcoin network every 210,000 blocks or approximately every 4 years. This will continue until the mining of 21 million coins (estimated to occur in ≈2140)...
IT Index has given a proper closing above both 50 and 200 days EMA (Mother and Father Line) at 34023. It was threatening to do so since few days. All it needs to do for confirming upside is a proper bullish candle tomorrow and closing above important resistance levels of 34269 and 34632. If this happens the next levels of resistance for IT index will be 35337,...
higher lows with breaking of downtrend with bullish move then retracement happened with no sign of big bearish movement so expect upward move after fomration of bullish momentum again
The GBPUSD was trading within a narrow range on a short-term chart before breaking through its resistance level yesterday. This breach could lead to a bullish trend continuation. I anticipate an upward movement towards the levels of 1.2828 / 1.2855.
Was waiting for Daily Shift of Structure as it was bearish, Monday had a lot of volume Market structure bullish at HTFs 30% Weekly and Daily at the same AOi Weekly rejection at the AOi Daily Rejection at AOi Around Psychological Level 0.84000 H4 Candlestick rejection Rejection from Previous structure Levels 3.5 Entry 95% REMEMBER: Trading is a Game Of...
Last week marked some of the most unclear price action we've seen. Starting on Tuesday, sellers gradually took control from buyers, but most of the action occurred during extended hours (meaning on VERY low volume). On Friday, sellers finally acted during regular trading hours and attacked the market right from the open. However, it seems buyers were only...
Practically 0 risk involved here. Hold one position for the hanging man fill and another to catch a runner.
Similar to ES, NQ has printed highs @ $19,023 before a minor retracement occurred. Buystops in question: $19,023.25 Sellstops in question: $18,241.25