Now GU has shown us that it is ready to move bearish. Now looking for a decent pull back for entry on a position. Hoping that we can get for London so a possible nice Sell opp coming for NY session.
This is my Intraday analysis on EURUSD for 17 Jan 2024 W3 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bearish OF Bearish In Discount 2. Price made a bullish BOS and after a BOS we expect a pullback. After mitigating the Weekly Supply zone, price started the...
The focus from broad market players has been in part on developments in the Red Sea, but also on Fed gov Waller speech at the Brookings Institute. As many have seen in the price action, the aggregate view is that Waller's comments were hawkish, although in essence that’s only relative to the lofty expectations of cuts priced into interest rate and US swaps pricing...
– Previous Daily candle closed extremely Bearish around 2028.500 forming Daily Resistance around 2054.800. – Buys on close above 2032.200 targeting 1h previous Support formed around 2037.700, Leaving Runners to the 4h previous Support formed on 12th January 2024 around 2043.800. – Sells on close below 2023.600 targeting previous Daily Support formed on 18th...
Hey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 146.600 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 146.600 support and resistance area. Trade safe, Joe.
Daily/4h/1h time frames analysis on EURUSD. Price action. Key levels. Potential scenarios. Trading plan. ❤️Please, support my work with like, thank you!❤️
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.66800 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.66800 support and resistance area. Let's delve into the fundamental landscape, specifically examining the recent Consumer Price Index (CPI)...
Hello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price recently rebounded from the 2030 support level, which coincided with the support line of the pennant and made a strong upward impulse to the resistance line, breaking the 2060 resistance level, which coincided with the seller zone. After this, Gold bounced...
+ 1.) end of monthly pullback 2.) 2 weekly wicks rejections 3.) weekly 0.5 fib. level 4.) daily a lot of divergence pressure 5.) building daily liq. 6.) 4h divergence 7.) failed for 4h higher high Now you can also see my entry model with sell and buy areas and minor levels to enter the trades. Entry Model
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to flat, where it tried to rise, but a short time later declined to $41600 support level. After this, BTC some time traded near this level, which coincided with support area, and then bounced and started to rise. Price rose to resistance...
Consider selling USDCAD based on historical seasonality trends and anticipated positive monetary policy by the 2024 Federal Reserve head. Monitor seasonal patterns, economic indicators, and central bank communications. Exercise caution, implement risk management, and seek professional advice as trading carries inherent risks.
Gold price has been hit hard amid uncertainty over US Retail Sales and Industrial Production data. A strong US Retail Sales data would provide more room for the Fed to maintain higher interest rates. •Further escalation in Middle East tensions could bring some revival in the gold price. Gold price (XAU/USD) witnesses a sell-off after failing to reclaim the weekly...
Gold continues its correction. Statistically, in 92% of cases, the price always returns to a previously broken level to retest it before continuing to move in one direction or the other. In our case, this is the downtrend area that was previously broken Reasons for growth: 1) The Jan. 12 momentum broke the downtrend structure 2) Correction is being formed to...
-> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. After the swing BOS price aggressively moved to the upside. First structural sign of pullback initiation was the bearish iBOS. Price pulled back to beyond EQ where we saw reaction at POI's. Price printed double bullish iBOS to confirm swing pullback phase is complete. Currently internal structure is...
Here is my latest structure analysis for Dollar Index. Resistance 1: 103.05 - 103.65 area Resistance 2: 104.16 - 104.29 area Resistance 3: 104.39 - 104.55 area Support 1: 101.90 - 102.23 area Support 2: 100.60 - 100.88 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Everything lines up for a great sell opp. But I need to see a nice pull back for entry and a high made mid week in order for me to be interested in selling. Im watching orderflow and all is lining up so far. Will wait for news before pulling trigger.
This is my Intraday analysis on EURUSD for 16 Jan 2024 W3 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m NOTE : Still price is ranging and i'm waiting for a break out of that range. Order flow on 4H is currently bearish within the INT Structure so my expectation is to stay bearish and may target the 15m Swing Low. A...
A falling flag was projected on Gbpusd by me and I was expecting a fall, which it did earlier today, my expectation for it today is for this pair to retrace to the 50 EMA and my resistance zone and sell to my 200EMA of 1.26564.