On the above daily chart price action has corrected 95% since November. A number of reasons now exist to be bullish, including: 1) The ‘incredible buy’ signal. 2) Regular bullish divergence . Multiple oscillators are currently printing positive divergence. 3) The 3-day BTC prints the same conditions as 1 and 2 (below). Is it possible price action falls...
On the above 6-day chart price action has corrected 96% since October 2021. A number of reasons now exist to be bullish, including: 1) Price action and RSI resistance breakouts. 2) Trend reversal. 3) The trend reversal prints on legacy support and resistance. Support is confirmed. 4) The falling wedge breakout forecasts a 1800% move to $1. Is it possible...
Dear friends, gold reached a record high of 2222 after the interest rate decision last week. However, as the U.S. dollar index rose again, gold fell off a cliff. Judging from the candlestick chart, although gold touched a high of 2222, we can see that the entity closed below 2195 on the daily chart, so this is obviously a sweep. Then there is no reason for gold to...
This is my Intraday analysis on EURUSD for 25 Mar 2024 W13 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish INT Bullish / Continuation Phase Swing Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and mitigation of...
I think this is good setup for long setup use your money management. #spot#long#btclong
EURJPY formed a nice inverted head and shoulders pattern on a key horizontal support. Its neckline breakout is an important bullish signal. We can expect a pullback at least to 164.2 ❤️Please, support my work with like, thank you!❤️
H4 Analysis: Bias/Analysis remains unchanged since last analysis dated 22/03/2024 -> Swing: Bullish. -> Internal: Bullish. Gold continues it's bullish run following the Fed's dovish outlook on interest rates. Price has printed a bullish iBOS where we are currently trading within a fractal high and internal low. Relative to recent price action of the swing...
It seems bearish in short time frame. Please properly manage the risk. Best of luck for the trade.
We seek for a sell position in our 2 scenarios: The first is our Supply zone were we have a fvg under and liq above the price. We wait for the price to mitigate our liq and to do a CH on 15m timeframe or when it touches the Supply zone and makes a CH on 15m with SL above the liq. In the second scenario we wait to mitigate the liq under the extreme supply zone...
Unless you've been living under a rock the last few years you have seen the massive depreciation in the Japanese Yen against every other major currency pair in this post I'm going to share with you why I think the BIG reversal in fast approaching. This post is much like the post I did on the CHF at the beginning of the Year where I correctly predicted a major...
USDCAD may drop from a key daily structure resistance. I see 2 strong intraday confirmation on an hourly time frame: double top formation and a breakout of a support of a rising wedge pattern. The price may drop at least to 1.3566 support. ❤️Please, support my work with like, thank you!❤️
Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion
On the above daily chart price action has enjoyed a powerful upside move. A number of reasons now exist to be short: 1) Failed Relative Strength Index (RSI) support. 2) Failed Money Flow Index (MFI) support. Smart money is exiting. 3) Price action has exited the Bollinger Band. (Green circles). 95% of price action trades around the mean (black line) inside the...
Monthly, Weekly and now daily is giving every reason to look for sell again. Before we start selling again, we will be buying the counter trend. Once price reaches the BOS area, then we will be looking for sell opportunity.
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Hey everyone! I hope you are all doing well and blessed! I know it has been a few weeks so I wanted to come on here and post a potential opportunity I see here on USDCAD! This may not be the most popular post but I wanted to share this because based on market intuition and what price is doing and the logic of these markets I am seeing an opportunity to potentially...
Hello everyone! Hope you are having a truly amazing weekend so far! Just wanted to get on here and do a post to provide some value for the upcoming few weeks on some analysis I see for USDCHF coming in the near future! Here we go! OK so if you look at this weekly chart of data I am sharing you can see right now that the USDCHF has been rising for a couple months...
Weekly price action for cable is beautiful! 2 weeks prior, cable witnessed a bullish run on liquidity, failing to close and maintain bullish sentiment above 1.28273 causing capitulation from the highs of 1.28938 to current weekly lows @ 1.25751. The 4th March 24 weekly candle could be considered as a bearish order block and scoping for shorts at the 1.26480 down...