Weekly Wrap Up - Hope You Enjoy! DXY - Daily ERL was not breached and Weekly FVG not mitigated either as we closed the weekly with an explosive shift of structure higher on the H4. Daily run of liquidity was liquidity being engineered for an ultimate push higher., EURUSD - Initial bias on EU's daily run of monthly high (TBL) with a confluent 1H MMXM was...
Hello Traders ! After the bearish double top, The price broke the support level (0.59296 - 0.59514). This key level becomes a new resistance level ! So, I expect a bearish move📉 -------------- TARGET: 0.58470🎯
End of day and week update from us here at KOG: Wow, just wow! What a week on the markets with Gold playing a range that is sure to have made some traders very uncomfortable. We've done well on this precious metal this week managing to trade it within the range, then flip it up, then get a tap and bounce from the top to short it into the target level posted for...
Price is at a very strong resistance area and testes several times and price will keep hold that resistance . Now time to sell the NZDJPY . Risk only 1 % to 2% for the trade. good luck
My entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
🔍 Technical analysis: Wave 3 or short-term bullish C scenario - It has a bullish guard in the 4H time frame. - After an upswing to the 1.172 range, it has had a zigzag correction. 💎 Currently, according to the upward momentum, it can have a pullback to the broken structure (green box) to continue the upward trend. - The 1.025 area can be used as a support to...
THE KOG REPORT – NFP This is our view for NFP, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in...
Hello Traders ! The NATGAS price failed to create a new lower low. Currently, The last lower high (2.543 - 2.592) is broken (change of character) So, I expect a bullish move📈 ---------------- TARGET: 2.728🎯
BANKNIFTY closed inside va 1. gapup 50000 long till 51000 2. 50000-49600 trade reversal 3. gapdown 49600 short
NIFTY closed above va 1. gapup 23350 wait for retracement for fresh longs 2. 23350-23100 trade reversal 3. gapdown 23100 short
I see the demand area below the sideways running price, our plan is to buy if the price enters the demand area or Order Block price area 1.74432, place SL a few pips below the demand area, look at the chart image, ideal take profit 1: 2 Fibo pull. Note: This is not a recommendation for making trading decisions, all risks are not our responsibility. Secure your...
I see that GBPJPY will experience a decline and enter the demand area, our plan is to take a BUY setup if the price enters the demand area with a realistic target of 1: 2, setup, see chart image. Thank you happy trading. Note: this is not trading advice. All risks are not our responsibility. Secure your account.
INJ pushes through multiple EMAs on the weekly on this pivot, there was a small wick based dip into the weekly demand zone but no candle bodies which shows strength. The 50 EMA held very strong throughout this correction. The OBV has reversed and is strong showing no signs of weakness. I expect a retest of 35$ soon, then a push to all-time-highs. BTC just needs to...
FX:USDJPY Price is currently in process of making AB=CD pattern; after USDJPY created a record Higher High, most of the traders were expecting price to drop heavy and it just did that. After dropping heavily, price made some correction and formed a AB=CD pattern which is where we can expect price to drop exactly in same amount as A to B made. Our final target...
Dear Traders, JPY has been bullish since this week, and will likely to remain bullish as we approach NFP. If DXY turns out to be bearish it will likely boost JPY to continue the bullish momentum. In short time, we expect price to drop further and make smaller correction towards our entry zone. Once it does that, we can then enter with accurate risk management....
Technical Analysis The price movement will be influenced by the Non-Farm Payroll (NFP) and Unemployment rates. Based on current expectations, the price is likely to exhibit a downtrend, though the market may experience random fluctuations. There is a possibility for a retest up to 38,790, followed by an upward push towards 39,050. Bearish Scenario: If the...
Technical Analysis of SPx the price will move under the NFP and the Unemployment rate pressure, so the movement will be huge for the indices. Bullish Scenario: For a bullish trend to emerge, the price must stabilize above 5260, potentially pushing up to 5302. If the price surpasses this level, it may indicate the start of a new bullish trend of about 5347....
Let's analyze the provided price action chart for the USD/NGN (U.S. Dollar / Nigerian Naira) using the ICT (Inner Circle Trader) concepts and general technical analysis: Key Points of Analysis 1. Overall Trend and Market Structure - The chart shows a strong upward trend until early February 2024, followed by a period of consolidation and then a...