Gold held its spot tightly today, although I see bullish trend to the upside in the HTF which is my bias. But on LTF everything was looking like good movement form bulls and bears for the start of the new week. The 5minute ran good within the 1hr today which is good for those of you who like to scalp. i trust gold for a lot of reasons but mostly for its...
OANDA:US30USD US3O retested at 50% Fibonacci PRZ and had tested twice at that area and formed a bearish engulfing candle on the 4H and 1H timeframe. This confluence creates a confirmation for the continuation of the bearish trend.
OANDA:AUDUSD AUDUSD broke bullish structure on the 4H and DAILY timeframes. Let's wait for a retest at one of the fib levels, and a bearish reversal pattern to form to go short on AUDUSD
OANDA:GBPUSD Price broke support, waiting for a retest.
the price had a breakout from the daily dynamic resistance and static one on 1.2$ and hot the market is testing the 1.4$ daily resistance. On the 4h timeframe, the price is creating an ascending channel and got the first rejection from the supply zone on 1.475$ How to approach? If the price is going to have the breakout from the 1.4$ confluence zone, we could...
GBPCHF seems to have formed a beautiful Gartley pattern on a 4 hour chart ! the pattern will soon be fulfilled as it reaches the 127.2 Fibonacci level of XA. after which i expect a pullback in the upward direction . For now , i expect a sell till 1.2177 followed by a bullish move to 1.2413 .
The sell idea from earlier got stopped out. There was news released regarding Ukraine and caused a bullish breakout. If price respects this level of support, it can continue to retest the highs from yesterday. Waiting for support to be formed to validate my trade idea.
OANDA:GBPUSD GBPUSD formed a double top, and broke structure(NECKLINE/SUPPORT) and retraced at 78.6% and has created confluence with a resistance line and a bearish engulfing candle formed creating a high probability confirmation for a sell on GBPUSD.
I made it clear when I sent out this signal that if you're taking this trade, that you should hold with a swing mindset and 330 pips later, boom 💥 !... With a 20 pips stop loss from 1.11200, we bought and held till price hit 1.14500...the data is all here !. Divergence at the end of a trend cannot fail you when you know how to trade it, especially when italigns...
Price is likely to come all the way down to hit 1.34500/1.34400 then bullish all the way to the next psychological level @1.3550. This projected move has a very high probability of occuring so watch out. Don't buy just yet, our bearish move isn't quite complete yet because at the moment. price in H1 got stuck in the 200EMA and it's gathering volume to break that...
Hello everyone !. This signal meets all shorting requirements except the "M" pattern that will definitely form once price hits the flipping zone which is also a confluence and price will therefore be touching the trendline for the third consecutive time. The DXY has been bearish which has been taking the price of GBPUSD to previous highs and once the news for...
The daily support level is just below the current price level so you can either wait till price gets there or you can open your buy positions at this current price level, whichever you choose to do, it's still a win-win scenerio !. Use proper risk management because at the moment, strong fundamentals support a buy so all we are waiting for now are the next...
Stop loss - @1.12530 Take profit - @1.1350 Entry - @1.9.9.1.x.x.x.1.3.0.4 This is a pretty straight forward trade but straightforward hasn't really been the strong suit of prices lately due to inflation but fundamentals support this trade so we'll see. Reason for this trade 1. Strong fundamentals. 2. Strong confluences (trendline, H4 support). 3. The action...
Divergence is no joke at all...I spotted divergence in M5 and I had sell positions stacked just above the 34600 level and I saw telegram message from a group that called buys, they went all in, I mean like all in and once there was enough volume in the market, price started selling and voila, it hit my target however little it was and for that group, I believe it...
This is just my perspective on how NASDAQ will move in the coming days. This is purely based on the area of the confluence trap, Demand, and supply.
EURJPY is already oversold in M15 but that alone is not the only reason for this trade, there are 2 support levels below...one is a psychological level @129.393 and the other which is @129.444 is not too strong of a support but it might hold during NYSEsession but we shall definitely find out in a few minutes !. I have buy limits set already, you can hop on after...
All EURJPY asks of you is that you be patient with its price because once it hits major supply and demand zones or as you know them, support and resistance but in this case, we are dealing with support !. Hop on this sweet 50 pips buy trade with me, i have been monitoring it since yesterday and it just hit my zone, i have been scalping 10-20 pips off of it...
USOIL - Daily Crab is still valid price is moving nicely up towards the D point. However we had a big bullish push on the 27th that sent price into a consolidation leaving a large imbalance before price started to break to the downside again. We have confirmation for shorts using the LTF BOS etc, once the markets open, I'll wait for price to settle and then I...