Looking at the chart, we can see that the pair seem to have found floor at the zone (1.74988 - 1.74805), which could serve as a support level going forward. In my opinion, the technical analysis suggests that the GBP/AUD currency pair has the potential to rise higher in the short-term with a target at 1.7570, 1.7620 and 1.7670 respectively. Confirmed by a bullish...
From my viewpoint, EURUSD appears to be encountering a short or medium term resistance at a specific price range (1.08679 to 1.08554). Although there seem to be another resistance level at (1.08900 - 1.09245). This can be due to a variety of factors such as a large number of sell orders at that level or market sentiment. If this resistance level holds, meaning...
just a preview of my BTMM v2 We have: Asia London New York Prevoius day high and low opening price 5 ema 13 ema 50 ema 200 ema 800 ema etc etc
There are 2 options with pending news Reset cont. or Lvl 3 new downtrend prepare for path of least resistance
NFP around the corner with a crazy extension on todays price action. 60% probability according to the BTMM model
Nasdaq looks overextended in line with market cycles and waves. I expect London to hold the high long enough for the NY open to possibly return us to Friday's open
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
I look forward to risk 1% of my account on this great setup, I will be risking 5% on my Prop firm account. This is SMC. Confluences: 1. Liquidity grab 2. Analysis time frame structure(Daily) is Bullish 3. Intraday time frame is also bullish 4. Price @ Discount level 5. Unmitigated POI on M3
EurUsd created a peak formation Low and has played out a multi-session W pattern with heavy divergence on the TDI. Market price has now shifted from Bearish to Bullish and price rose from Peak Formation to Level 1 and did its first Stop hunt low to the 50ema on Friday which also coincides with the 1.05000 zone. Meaning this pair could either drop to the 1.03500...
UsdCad has been extremely Bullish for the entire week and price even surpassed the 1.29750 zone, while price surpassed the 1.29750 zone and rose all the way to the 1.30500 zone, it has also surpassed the x1 Average Daily Range, meaning it is busy creating the Peak Formation High, the ADR for UsdCad is 105 pips and on Friday it was 110 pips, exceeding the ADR. We...
After what looks like a complete bearish cycle, there seems to be a head and shoulder setup on the 800EMA. This indicates a possibility of a reversal. So my focus will be on bullish setups this week.
As i see here we have our bias down in bigger TFs so basically its down trending market and we sell the down trending market everytime the price comes at a certain heigh. We know the rules, accumulation/manupulation stophunt and then a level/drive/profit release etc. i am a learner so i am open to correction
Usually USDMXN is a copy of USDZAR. After doing an analysis on USDZAR, there is a high probability that there is going to be a shift in trend. I counted my levels on USDMXN and also noticed the same. So will start looking for long opportunities on USDMXN this coming week.
Currently on Peak Formation Low. So will start o look for buying opportunities this coming week .
Quite confused on Gold. It looks like both a Peak Formation Low and a possible reset. So will see how it plays out and follow the market maker trend.
Currently on Peak Formation Low on USDCAD . Will see if there will be a London/ New York session setup then execute. Mostly going to look for buying opportunities.