It is crucial to note that FX:EURGBP is currently at a robust support level and forming a bullish divergence on the 4-hour time frame. A pullback is expected from this point, as liquidity has recently surged from the lows. Therefore, it is advisable to enter a long trade with a stop loss at the recent low and take profit at the recent high, targeting a 1:2...
Our weekly market breakdown holiday special! We break down why holiday weekends it's good to turn the markets off and enjoy your long weekend. Then we break down the upcoming week. We cover DXy, US30, Gold and of course our gold idea GBPJPY enjoy!!!
Most recently, we are "stuck" in this box-range with unclear, messy price action Given the fact I see bearish on HTF and bullish or messy on LTF, it's a contradiction so right now I don't have clear confluence for this market Overall on 15-60min. timeframes, we see recent bullish leg. Accumulation and reaccumulation models are pushing price higher, however price...
Analysis on ETHFI (2H) suggests that it will probably drop to lower levels according to one of the indicated paths. Tight SL: 5.23 (Entry: 4.99 - 5.2) Wide SL: 5.47 (Entry: 4.99 - 5.4) TPs: 4.75 - 4.45 - 4.11 - 3.82
FX:GBPUSD is currently at its 0.78 Fib level on a daily timeframe and forming a bearish divergence at the 1-hour mark. After observing a Break of Structure (BOS), we will enter a short position at the 0.5 fib retracement with a stop loss at a recent high, targeting a 1:2 risk-reward ratio.
A very clear and consistent HH-HL price action and measured moves down ! I believe we will see a retrace back to the TrapZone. what do you think ?
Gold (XAUUSD) presents an interesting scenario. While a weaker dollar could typically support gold prices, the overall risk-on mood might put a cap on significant gains. Analysts are keeping a close eye on economic releases, particularly inflation data, for hints on the future direction of gold.
USDJPY is sending mixed signals today. Here's the breakdown: Dollar Downward Trend: The US dollar is generally weaker across the board, which could put downward pressure on USDJPY. Retailer Skepticism: Interestingly, a large portion of retail traders are currently short on USDJPY, indicating a potential expectation for the pair to fall. However, in forex,...
On the 4H TF LUNC is currently exhibiting important technical patterns. The volume profile shows the highest trading activity around $0.0001077 to $0.0001047, indicating strong support levels. Recently, the price action has been sideways, suggesting a balance between buying and selling pressures, with low trend strength and volatility, indicating...
Remember this when you think something is unbeatable Someone will cash his profits, a correction will happen at one point or another.
Amzn is printing a double top formation. it is possible for it to fail although: 1. Spx is also forming a double top formation and a correction can be anticipated 2. nvidia has to have a price correction that would drag the market with it 3.msft is also following the trendy chart pattern This next week is critical for all these stocks, wheather they can fight...
BTC has perfectly followed previous analysis and had a retest of 66k - 67k zone. The subsequent reaction to the mentioned zone has not been that strong yet (mostly because if the low volume during weekend). New analysis suggests two possible scenarios for BTC and the whole market in general: 1 - Crossing above the upper boundary of the channel which shall lead to...
The Euro is in the driver's seat today against the US dollar (EUR/USD) as risk appetite returns to the forex market. We took a trade yesterday, off the 0.382% Fib Level, we entered at around 10:00 GMT and have seen minimum movement in the pair. We are targetting the 0.5% Fib Level and expect to bag 60 pips.
USDT Dominance chart has followed previous analysis (May 21) and there was a retest of 4.60% area as predicted. New analysis suggests that there might be another retest of 4.5% - 4.6% zone in which the yellow trendline is touched again. if this scenario takes place, we will see another dump in the market.
The main difference between this post and previous analysis is that we've got some reaction from daily supply chain, and from here, we might see further bearish development ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical...
☝️Do not act based on my analysis, do your own research!! Learn from my experience, with all the mistakes and pain shared on the way to the main goal - consistency. I'm always glad to discuss and answer questions. ⚠️ ALL videos and ideas here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE...
PEPE is the meme. When we talk about memes we remember of PEPE. Pepe is the internet. PEPE is currently in ALL TIME HIGH zone, there is no limit to how high it can go once a crypto goes into ATH. The sky is the limit. Dips are for buying. The MEME war has just begun and PEPE is winning. In crypto, winner takes the most. Your foolish to think PEPE is a dead meme.
I expect oil to rise in the next few weeks. On the daily chart we see liquidity (circles) and a very very strong saport at 77.40. I expect oil to start rising from 78.09 or the aforementioned 77.40. At each level I will watch the Order Flow Chart. in case you don't have O.F.CH. so watch the level if the price closes above or below the level it will tell you if the...