H4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Gold continues it's bullish run following the Fed's dovish outlook on interest rates.
Price has printed further highs and we continue to trade within a fractal high and low.
As mentioned on 22/03/2024, Intraday expectation was for price to react H4 POI to then target fractal high, which price did,...
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USDCHF looks quite overbought after a test of a key daily horizontal resistance.
As a confirmation, the price formed a double top pattern on a 4H time frame
and violated its neckline.
I think that the pair may test 0.8993 level soon.
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If you like this idea, do not forget to support with a like and follow.
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Hello traders. This is my current view on GU. I'm looking to take a short on GU to the low at 1.2586. I am cautious of this position because market has not been making any lower lows when I look at the 15m so I will only enter once I see a clear rejection from my zone and put stops to BE when its clear. But we shall see how it goes. Danko
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
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If you like this idea, do not forget to support with a like and follow.
Traders, if you like this idea or have your own opinion about it,
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- Previous liquidation of previous lows taken out
- Overall structure is bearish
- No sign of break of major previous highs
- No willingness to go higher
- FVG/In-balance on the way upwards---taking out minor
liquidity to then fall/die.
ETC, ETC.
FX:EURJPY
Preference:
We have reached a key area with EURJPY. On the 30-minute time frame, we have consolidation underneath the 38.2 level on the Fib. There was also a double top pattern printed on the 30 min that aligns with the 38.2. There are multiple rejections at this level, and the momentum is on the bear's side. If the price fails to break above this...
price couldnt break below the zone highlighted below
so im expecting price to go higher, to the zone or order block that started the move
trade safely
leave me your opinion in the comment
trader ernest
Current Analysis:
US30 just broke out the ($39,765 - $39,910 - $) price range to the Long side.
Entry: patiently wait for the price to return and enter between ($39,775 - $39,850)
TP take profit: 1%-3% RR risk to reward: ($40,160)
SL stop loss: ($39,751)
Current Analysis:
NAS100 just broke out the ($5255 - $5260) price range to the Long side.
Entry: $5261.6
TP take profit: 1%-3% RR risk to reward: ($5300)
SL stop loss: ($5251)
Weekly analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish swing BOS followed by a bullish iBOS.
Most likely scenario would be for price to pull back following swing and internal BOS (Break Of Structure)
First structural indication, but not confirmation that pullback has initiated would be for price to print a bearish CHoCH which...
This is my Weekly analysis on EURUSD for 1-5 Apr 2024 W14 based on Smart Money Concept (SMC) which includes the following Time Frames:
Weekly
Daily
4H
Economic Events
Weekly Chart Analysis
1.
Swing Bearish
Internal Bearish
Reached Swing EQ
Swing Continuation (Pro Swing + Pro Internal)
2.
After the Bearish iBOS we confirmed that the...
On the above 8-day chart price action has corrected over 90% since the month of May 2021. A number of reasons now exist to be long, including:
1) Price action and RSI resistance breakouts.
2) Price action prints support on past resistance. Look left.
3) The macro bull-flag breakout plus confirmation of support.
4) A number of tradingview.com ideas are ‘short’....
