Nasdaq (US100) breaks its market structure shift on 24th July and activated bearish breaker on daily time frame. As per ICT's IPDA cycle theory, following targets are to be achieved by Algorithm in terms of sell side liquidity 20 days look back: 18.2k 60 days look back: 17-17.2 k
WTI Oil has made a double top trap and consolidating above liquidity pool, below which is the weekly FVG with a overlapping swing high to the left. Monday-Wednesday we can see turtle soup into this reversal zone and target this double top for longs. Bullish!!
NASDAQ is going through market maker sell model on hourly time frame. Market maker sell model: 1st consolidation: 15.1k 2nd consolidation: 15.5k Objective (Higher time frame PD array): Daily buyside liquidity raid 15.9k 1st phase of distribution: Rejection from 4H bearish order block 50% level 15.8k 2nd phase of distribution: To be formed In this scenario,...
USDJPY had a breakout after FED June's FOMC, the triangle breakout has been retested today and bulls have taken the control here. It can be long for a good swing trade opportunity with SL at 139.15
Nasdaq started its covid bullrun rally from 6,700 points in March-2020 till 16,700 points in November-2021, from where it dropped to 0.38 fib level of its rally in October-2022 (10,600 points). Since October, it has been in up-trend till 14,600 points which is Fib 0.786 level. Can this be the local top? YES if it gets rejected from here then it might be the...
Cakeusdt had been in a bearish trend followed by accumulation since june 2022. Its near its all time low and channel bottom on 3D time frame. Bullish points: Weekly bullish divergence 3D bullish divergence at channel bottom Tapped into weekly order block and buying observed. Can be a good long opportunity from here.
TSLA started its covid rally from 23 and formed the top at 416. It fell to 104 and bounced from it which was 0.718 Fib level. However, it got rejected from 216 which was 0.5 fib level of same rally. It's weekly H&S projections can be calculated at 23 back to square one i.e beginning of the covid rally. Since the time frame is weekly therefore, it can take months...
Nasdaq faced a critical level of 12900 on weekly closing and could not close above it. This level is very crucial for the index as the price has reacted 5 times on weekly basis. Bulls need to close the price above this key level for nasdaq to have the confirmed bull run. Bullish points: Long term bearish trend line has been broken and price is...
The S&P 500 measures the performance of 500 large publicly traded companies in the United States. The index is widely regarded as a benchmark for the overall performance of the US stock market and is used by investors and financial professionals to track the performance of the US economy. The S&P 500 experienced significant volatility and decline in the year...
EURCHF has formed inverse Head and Shoulders pattern which indicates its trend reversal as neckline has also been broken. Now it will continue its uptrend Entry: 0.9909 SL: 0.9847
Eurusd had been moving in a descending channel since February 2022 and completely respecting its support and resistance level. Recently it had a breakout of the channel with strong bullish engulfing candle. It also formed an inverse head and shoulders pattern at the end of the channel which indicates a possible trend reversal from bearish to bullish...
EURUSD broken the 10 months long descending channel and currently re-testing it. It has started making HH and HLs on 4h and daily candles. Currently it has taken support from rising support line on 4 h candle, its daily closing will define whether it would be in uptrend from here or not. My bias: I am Bullish in EURUSD and will go long after confirmation of...
*Comparison of cyclic behavior of BTC before and after halving* 1st Halving: Nov-2012 2nd Halving: Jul-2016 3rd Halving: May-2020 **4th Halving: MARCH-April-2024** I have noted the 1st halving data but it is not matching with 2nd and 3rd halving, therefore I have considered it as an outlier. Conclusion: As per statistics and past data, BTC bottom should be...
Short for euraud Entry: 1.5740 sl:1.5807 tp: 1.5497
Bearish Bias: LHs and LLs Rejected from strong trendline resistance Parallel channel breakdown Bearish divergence on rsi and macd in 1h frame
In past when usdchf gets rejected from this resistance zones it had free-fall. Rejected recently and on downward move. Sellstop at channel breakdown 0.9917 tp1: 0.9800 tp2: 0.9784 Sl: 0.9990
eurjpy has formed cup and handle pattern and had breakout of the handle. It has crossed the crucial resistance level of 145.6 and ready for bull run. Bias Long Entry: 146.4 TP: 147.4 (C&H projection) sl:145.5
Long Entry: 1.3920 SL: 1.38259 TP1: 1.3978 TP2: 1.400