I think it could have a good profit for us I marked the points on the chart. In the 4h close here in 1 hour, i think it will go down to profit leveling
- Previous Day candle closed Bearish. If we are looking for buys we will take on until daily resistance formed on 22 march 24 and TP 2 05 april 04 - If we are looking for sells we take on until 24th march 03 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade. - We risk 3-10% of our capital. Close trades once price reverses to...
Heavy accumulation spring. From 18034 to 17120 you will notice the spring. Price can easily go to 33cents. We need a break above 22252. Don't say I didn't call it. I think the dollar will be bearish today after red news. The charts are already pricing data in before red news. JP is Dovish today:)
EURUSD is in downtrend on Daily. EURUSD retraced higher on Monday and Tuesday in line with ICT Power of 3 concept. Looks like it's ready to continue lower following possible 1H breaker aligned with 1H FVG (ICT Unicorn Breaker) IF it closes 1h candle below the breaker low. I will short when it retraces to breaker low. I will target previous daily low for 1:4,4 RR
CADCHF set a new higher high higher close on a daily, violating a key horizontal resistance. The next goal for the buyers will be 0.674 level. ❤️Please, support my work with like, thank you!❤️
Gold prices hit new highs for a third consecutive session on Tuesday, as demand from momentum-tracking funds effectively offset pressure from a stronger dollar and the possibility of higher U.S. interest rates in the longer term. Gold prices continued to climb on Tuesday despite a stronger dollar. It had previously hit a record high of $2,266.81 per ounce. This...
As mentioned yesterday Nifty is getting trapped in a mild resistance zone after making a new ATH near 22529. This resistance zone is between 22477 and 22529. It looks like Nifty needs a little bit more consolidation to cross this zone. If this zone is crossed the next resistances for Nifty will be near 22597, 22690 and 22787. Supports for Nifty remain at 22388 and...
Tracing this move from the regional high candle, and going from the middle(top-up) high candle. We saw an initial 2.9% move down, followed by a perfect 7.5% move to the local low. Before entering in on a long, we took further profits on our shorts at the retest, and then began creating a separate isolated long from that point. The targets and tps for this long...
Nifty open flat and made days high 22497 level buy didn’t sustain that level. Index has formed another Doji candle on the daily chart at the top of the market which indicates thug of war between buyers and sellers as today’s closing was near the opening levels. So, further levels for nifty will be 22336 will work as support level and 22520 will work as...
Timken's stock has recently been on a downward trend but is now displaying indications of a potential recovery. Analysis of the charts reveals the formation of an inverse head and shoulders pattern. This could make it a candidate for swing trading, with the initial target set at the 200-day simple moving average (SMA), followed by the upper trend line....
Gold broke up strongly, before spiking back down. This indicates prescence of some bigger sellers coming in. Taking a short buy to fill the liquidity gap above before selling from around 2270 zone.
The March Candle closes with approximately +16%, creating a price structure above the previous historical high drawn in 2021. A very strong signal regarding the long term, this favors the bulls in trying to snatch convenient prices until the short period will allow it by correcting on the most important supports. The last price structure that could act as support...
There is an engulfing candle I think the price will rise What is your opinion?
Relative equal highs around the 4.329% level is prone for smart money to liquidate those who placed their stops above recent highs. Stagnent throughout the week but the overall sentiment for yields over the short-term is bearish as a LH was formed, piling shorts to place their stops above recent short term highs as well as yields being bearish 2 weeks in a row,...
7 straight days we have been bullish for. I will always be macro bullish on gold as long as money is being printed. Gold is hard money Gold is Gods money My philosophy is simple... Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go. This includes; - Market Structure - Buyside/Sellside...
EU is showing some nice bearish movement, breaking 4hr weak lows over and over again. Currently price broke another 4hr weak low, would be nice if we could get a nice mitigation back up into the supply area so we can look for new shorts down to the next 4hr weak low.
FX:USDCAD Bullish engulfing in daily timeframe,targeting 1.36144. Clear visible liquidity pool ahead.