Daily/4h/1h time frames analysis. Price action. Important key levels. Potentials scenarios. Trading plan explained. ❤️Please, support this video with like and comment!❤️
🏃♂️The DXY Index is moving in a Descending Channel . 🌊According to the theory of Elliott waves , it seems that the DXY Index is forming a Double Three Correction(WXY) inside the descending channel. 🌊Currently, the DXY Index seems to have completed the microwave A of the main wave Y. 🔔I expect microwave B from the main wave Y to fill the upper...
As we can see price has is currently respecting the descending trendline again. I'm expecting the BoE to maintain their hike-pause stance, this result is already baked into the price... I'm placing a small trade on the basis that my expectations will be correct... If there's a pause or reduction (highly unlikely) I'm expecting a fall back to around 1.208 to...
📉 Riding the Gold Wave: XAUUSD Short Analysis with Elliott Wave Precision 📊🌊 Attention, traders! Prepare to navigate the precious metals market with confidence as we delve into a captivating short analysis of XAUUSD. Using the art of Elliott Wave Analysis, we'll decode wave patterns, identify key support and resistance levels, and discuss strategic entry and exit...
Hey guys! We promised to give our trade setup as a new trade idea. Here it is guys! Drawing from our earlier last-week analysis, we saw this market push bearish on the 1-hour chart. Our analysis had shown signs of a bulish retracement, and we had marked out the expected retracement zone. In the cause of the retracement, our zone was breached, and so we looked on...
This pair has witnessed a great deal of back forth in the preceding days and weeks. In todays anaylsis, we see how the market on the 1 hour has once again flipped from a bullish perspective (PB) right into a bearish perspecrive with a new PB to the downside. We will look to hold this bearishness with the ultimate goal of targeting our Daily liquidity target all...
The Might US Dollar Index aka the DIXIE, has reversed off the 107 resistance in what could possibly be a double top. Odd's are for a retest to the back of the recent rectangular range at 105.50. Should 105.50 break we could move to the measured target of 104.00. 200 day is at 103.55 and rising daily and we could potentially be headed for a retest should the risk...
– Previous Daily candle closed Doji Bearish around 1982.400 as price tapped and rejected the Daily Support formed on Wednesday 25th October 2023. – Buys on close above 1987.000 targeting 1h previous Support formed around 1992.200, Leaving Runners to the 4h Resistance formed around 1997.200. – Sells on close below 1974.700 targeting 1h Support formed around...
It is with great concern that I bring to your notice the recent surge in leverage combined positions for the USD index, coinciding with the apparent peak of the Dollar Index (DXY). This convergence of events has prompted us to urge you to exercise caution and consider pausing your USD trading activities. Over the past few weeks, we have witnessed the DXY...
Has the market adopted the term “hawkish pause” to bolster USD bids? It could be possible that, in an attempt to drag out USD strength just a little bit longer (euro has weakened –4.20% in past 6 months), the term Hawkish Pause has been thrown around with not-enough criticism. Not many people have confidence in the US Fed to really make the hard decisions...
in our last analysis, we saw this pair breach our zone and go higher for a deeper retracement. According to our analysis, we refused to see the 1 hour zone as a reversal in itself but rather as forming a deeper retracement on the 4 hour timeframe. From our current analysis, it is clear that that was the intendment of the market. We have seen prices go all the way...
✅EUR_USD is trading in a Downtrend and the pair has Formed a bearish flag pattern And there is a H&S pattern Hiding inside the wedge too So we are bearish biased And IF we see a breakout To the downside then the Pair is likely to go further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
We are witnessing a strong bearish momentum on this pair. From the Monthly to the 1 hour charts, all the timeframes are bearish. Comign through from yesterday's analysis of this pair, we see how prices have continued to melt towards our 4 hour and 1 hour timeframe targets. From yesterday, we see how the market gave is a nice dip that went to hit our liquidity...
We have been bearish on this pair since last week, when we started sharing our analysis actively. Yesterday, we caught the trade from the top and were able to watch it progress to where it stands currently. You missed the trade entry yesterday. That's ok. Because right now, you have a chance at joining the trend. With the market making a pullback into our PB and...
The Watchlist for the US day ahead. Bit of a minefield today so probably staying out, but here is a snapshot of the market for you all.
I am leaning bullish on the US dollar from all sides and in this video, I explain why. However, its Fed day, and I'm not going to try and second guess the market. Instead, I prefer to sit on the side lines UNLESS there is a no-brainer 90/10 trade set up. Let's see what we get!
On this pair, we see bullishness across multiple timeframes. Market is bullish on the Monthly chart, all the way down to the 1-hour chart. On the 1-hour chart, we see the market has just made a new high with 6 PBs up. We are expecting the price to retrace bearish into the PB, come into our refined zone, and from there we will watch out for bullish reversals to...
So yes we missed the previous swing. Not because our analysis were wrong, but rather because of our refinement of the PB to a much smaller zone. No need to reflect on it or worry about it for too long. It is gone. Let it go. So we move our focus to the next swing. The market is setting up for the next swing. We have a new PB and we are getting ready to jump on...