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.. its just a trade idea, not financial advise
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.. its just a trade idea, not financial advise
XAUUSD Analysis - 14/02/2024 To get into a buy setup on XAUUSD, I am looking at two probabilities but majorly, we need a change of character on the 1H TF. So with the recent behavior of XAUUSD, the two probabilities are; 1. Price to sell from the 1H marked SC into the 4h DZ and then create a CHoCH to the bullish side. After this, we look for entries from the SC...
The price has shown some strength to the upside, which is aligned with an estimated pullback to mitigate a 4-hour OB. Currently, we have good confluences, so we can aim to expect the price retracting to the OTE, which also has liquidity resting above and a beautiful OB at the same price.
Price is finally showing a displacement to the downside, which allows us to start looking for pullbacks for a potential Short Position. Aiming to get a pullback to the upper OB, or OTE.
Above fair market value Expensive price area to sell Break of structure DXY bearish confluence I'm him
GBPUSD when price reaches at the resistance level and zone thats where we start look for our sell it also at the 76% FIB
Hello Traders ! Yesterday, The EURUSD Price Broke The Support Level (1.07237 - 1.07670). This Key Level Becomes a New Resistance Level. So, I Predict a Bearish Move. ------- TARGET: 1.06695🎯
Bonk on a smaller time frame expecting a small retracement at 0.12 ⁵ , then to 0.15 ⁵
Personal opinion analysis of the pound dollar currency pair: price after suffering Inside the broken down rectangular area, after making a price stop to the broken area of the specified area, we should probably see the price of the pound drop to the 50% or 61% Fibo range.
You can see the Solana chart in the 4-hour time frame. What happened to Solana is that he broke a descending channel upwards, with a new upward trend that he had in the form of a channel, he was able to record a new top. All these signs are a sign of change and we expect this new upward wave to continue. Important areas of supply and demand are drawn on the...
We are wedging between strong buying algorithms and controlled selling algorithms. Looking for the buying continuation to break us out of controlled selling channels and retake a strong level to then retest, act as support again, and attempt to retest new highs.
This is a chart i made a while ago everything is going as planned (w)
GBP/USD 30M - I am looking for short opportunities for us in this market as this market is currently within a higher timeframe bearish correction, one that has just started! If we can look to get involved in this market in shorts at a good price where our SL and entry will not be effected we could really look to ride price lower and make some great returns from...
XAUUSD As you can see, after an uptrend and a new high, the price faced a correction from the 2146 range due to the liquidation of buyers. After the correction, the price rebounded slightly from the 1973 range but failed to stabilize above the 2081 liquidity range and saw another range and correction. Currently, the trend is stuck in a range. In the long-term...
Hi there, USDCAD looks bearish at the M30 for a potential price target of 1.34213 with a bias of 1.33817 The price is pressed down by the 1.34800 area, and as long the price maintains below that area the bears have control. If the bulls manage to push and break the 1.3500 area then the setup will be invalid. We need to see a continuation of a lh to the current...
Hi there, EURUSD appears bullish at the M30 up towards 1.08216 for a bias of 1.08472 due to strong demand over the 1.07400 - 1.07200 areas. Monitoring will be required as the price pushes against a bearish price movement. Happy Trading, K.
GBP/USD lost its traction and declined to its lowest level in over a week near 1.2550 after soft UK inflation data on Wednesday. BoE Governor Bailey said that the inflation data did not really change their view on the outlook from February policy decision. In the meantime, the UK's FTSE 100 Index opened higher on Wednesday and US stock index futures turned...