Idea Overview: The market has completed a Fair Value Gap (FVG) fill on the 4-hour chart, signaling a potential opportunity to go long, aligned with the primary bullish trend on the daily timeframe. Our strategy focuses on targeting the previous resistance level as the initial objective, followed by a slightly higher zone where future liquidity may reside before a...
the previous trend on US30 was notably bullish. However, we've identified a significant shift in market sentiment, as a strong red candle closed below the prior support level, signaling a potential change of character in the market. We will now await a retracement back to the optimum zone within the Fair Value Gap (FVG) on the daily timeframe. Upon confirmation of...
"I’m currently observing a potential bullish entry on the US30 before considering a short position. There are several fair value gaps (FVGs) and order blocks that need to be retested before confirming a bearish move. This is my most straightforward and analytical interpretation of the current market conditions." Feel free to adjust if needed!
I see some bottoms to be filled in. But market been moving uncertain. Bullish market with very weak tops,giving me the idea that the market will bearish a bit to fill some gap and then continue with the bull run.
I see some bottoms to be filled in. But market been moving uncertain. Bullish market with very weak tops,giving me the idea that the market will bearish a bit to fill some gap and then continue with the bull run.
the us30 is currently exhibiting a bullish trend on daily timeframe. Notably, on the 4h chart, the index is forming a double bottom pattern, indicating a potential reversal. the market has reached a significant support level for the second time, and we are anticipating further rejection signals before confirming long positions. this bullish outlook is further...
Simply a correction of my previous analysis Due to some market ranging I’ve come to this idea. Let me know what are all your thoughts
analysis forecast for dow jones, hence the coming week I see weakness on dollar index
Analysis Overview Over the past week, EUR/JPY has demonstrated significant bearish tendencies, indicating a potential downward trend in the upcoming week. While the longer-Timeframe analysis has shown strong bullish momentum, current market conditions and technical indicators suggest a reversal may be imminent. Based on the current analysis, traders should...
In my daily time frame analysis, I employ Fibonacci retracement due to its accuracy and reduced market noise. Historically, Fibonacci levels have demonstrated significant respect in price movements. Notably, a level that once acted as support transitioned into resistance before being breached upwards. Currently, the market is honoring this area, indicating a...
The market opened with a 30% increase. I am currently waiting for a retest, as indicated in the chart above, to secure a more favorable entry point. I remain optimistic about the EUR/USD pair.
I have been busy for the past weeks analysing (DXY) and according my 4.5 years of experience in the market I project some weakness of this current asset, which however gave me more clue about the future of GBP/USD affecting asset my decision to go Long. moreover the market is like a sea we can study the waves and the probability of the next one to come but one...
as you may know, the market moves in a unpredictable directions and our goals as a trader is to remain flexible in response to the markets changing behaviour. in light of recent market conditions, I have revised my analysis of the AUD/USD. pair. my current approach, which I feel more comfortable with, is based on the markets recent indicators and trends, leading...
few words to share, I guess my analysis is quite clear and understandable however I voluntarily wanted to share my entry before hand so you can all keep up with what I think about the future for this current asset.
I am currently inclined towards initiating a short position on the AUD/USD currency pair, driven by the prevailing downtrend in the market. This decision aligns with the anticipated continuation of the downward trajectory. Furthermore, I anticipate a potential profit of approximately 250 pips from this trade.
I am considering a potential short position on the GBP/USD currency pair within the current week. Despite my optimism about this decision, I find myself facing a shortage of words to fully articulate my reasoning. Your insights and perspectives on this matter would be greatly appreciated.
Dear Traders, I anticipate a bearish turn for the CAD/JPY pair this week, backed by thorough technical analysis. While I lean towards technical indicators, fundamental factors also support this outlook. My analysis suggests downward momentum for CAD/JPY, as various indicators point to a potential pullback from recent bullish trends. Stay vigilant and employ...
Base on my experience that is my believe for the future of this particular pair