There is a chance that price could continue bullish from here, BUT I can NOT ignore the fact that there is a weekly head and shoulder possibly printing. Which will send price bearish for quite a bit. On top of price not really breaking this area of price since 2021. This is a key level of price for EU. There has been 4 bearish engulfing candles in this area on...
Since August of last year price action has risen to provide a 1700% return as forecast (long idea below). A number of reasons now exist to appreciate long risk far outweighs reward. On the above 8 day chart: 1) Price action has arrived at legacy resistance in the uptrend channel. Look left. This is also true for the FET.btc pair (below) 2) As with previous...
Market Structure Bearish On HTF Strong Seller's Rejection on the Weekly Time Frame Previous Weekly Structure Point Weekly and Daily at the same AOI Weekly Rejection At AOI Weekly Engulfing Candle Potential Head and Shoulder on the Daily Daily Rejection Candles at AOI Daily Rejection From The EMA Around Psychological Level 1.71000 H4 Rejection at the EMA H4...
I've come across an intriguing setup on NASDAQ:AAPL Using a purely mechanical approach based on multi-timeframe market structure analysis, I've dived into timeframes ranging from the 12M down to the weekly, aiming to provide insights into potential setups on the hourly timeframe before considering a long position. 12M: 6M: 3M: 2W: 1W: Feel free to...
Here is a short video on my key price action concepts which enable me to build a picture of what is happening and what side of the market I should be on. I like to use Anchors to a trend and key levels to build the trades on a 5min and then use the 1min charts for the entries. Enjoy the ramblings !!! The basic concepts discussed are : - Anchors - Price...
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Gold continues it's relentless bullish run and continues to print all time highs. Price on all HTF's requires a pullback. Bearish CHoCH which is denoted with blue dotted line would indicate pullback initiation but not confirm. Due to the bullish nature of the market and prices at all time highs, the...
Price Flow Strategy - 1hr Chart Analysis FLOW (4hr/Daily/Weekly): UP flow (1hr): down but a little shy. Might be looking at another price move to the downside to confirm the down flow. i-Flow: is the FLOW intentionally returning for the price given? entry (5min/15min): Always set a SL
Hello my friends . This a complete idea for BNB so if you are one of the BNB fans or holders ; make sure to read this idea until the end . Oh right my friends as I said before , when you are looking for a mid term trade , it's better to start with the higher time frame like monthly and weekly then going to the smaller one to find a good entry : let's start...
The stock has been in an up trend. It has broken its all time high in 2021 and in good consolidation for 2 years and broken out of consolidation now. It has broken out of a bullish flag and pole pattern / falling channel pattern in a 3 M timeframe. One may also consider this for a swing opportunity , RSI intact in all time frames. Weekly price action shows,...
1) Stock is in uptrend in Monthly , weekly. 2) The trendline that connects highs of 2007,2010,2021,2024 are about to be broken on the upside - Price confirmation indicates the same. 3) Weekly Price shows Morning star reversal. Note : This stock has not participated in the bull rally of 2023. Entry - Anywhere between 122-135. I see aggressive entries can be...
This is my Intraday analysis on EURUSD for 12 Apr 2024 W15 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish / Continuation INT Bearish 2. Expectations are met for the INT Structure with the Bearish iBOS. Currently price targeting the Weak Swing Low. 3. Price...
Price Flow Strategy-1hr FLOW (Daily/4hr): UP flow (1hr): down i-Flow: I believe the intention for the upside FLOW is to resume (see chart) entry (15min/5min): Always set SL.
Monthly timeframe - Bullish market structure - Bullish M not completed yet - Targeting the 172.000 region Weekly timeframe - Bullish market structure - Shoulder 1 of the failed head and shoulders is now being used as support (failed first time break) - Bullish fib got activated - Bullish indicational candle Daily timeframe - Last daily low doesn't break -...
Weekly timeframe - Bullish -68 fib completion - Bearish indicational candle - Bearish supply and demand zone Daily timeframe - Head and shoulders + bearish fake-out flag - Trading back below that shoulder 1 region 4H timeframe - Head and shoulders - Entry is placed a little higher to respect my minimum RR of 3.45 to the daily TP
On Wednesday, U.S. CPI was higher than expected, and spot gold fell in the short term, with a minimum of 2,319.34 and a maximum of $2,359.98 per ounce. Gold prices are currently at high levels, with the relative strength index sitting at overbought levels well above 70. In any case, there are certain risks in the current market. The question now is whether gold...
On the above 4 day chart price action has risen 800% since last October. A number of reasons now exist to be short, including: 1) Price action support has failed. 2) Regular bearish divergence. This negative divergence can also be found on the BTC pair of the token (below). 3) Price action is following the Gaussian channel after a strong rally as shown on the...