Potential Choch to the upside waiting for price to fill imbalance to go long. Patience on entry.
05.04.2024 The weekly timeframe doesn't appear strong, but I follow the overall trend. Trading with the higher timeframe trend alone can increase your win rate. On the daily timeframe, we observed daily liq. low and a rejection of the daily vwap with strong momentum. Therefore, I believe the uptrend will continue, as there are no signs of bearish pressure....
Thursday, 04.04.2024 We took the previous weekly low and touched my 8 EMA. On the daily timeframe, we have two strong daily wick rejections at my daily VWAP low, and we also observed important daily liquidity lows. Now, a small pullback is expected, followed by a long. Aggressive entry module
Last week began with bearish consolidation, which was short-lived. The bulls quickly regained control, established a daily higher low, and broke through the previous week's resistance at 524.1 . Although the breakout was not very strong, it was still meaningful. The March close was very strong, posting a +3% gain, and both weekly and daily charts are indicating...
Let's dive into analyzing and examining this cryptocurrency, as it might provide us with trading opportunities this week. 📊💰 Currently, the coin has been on an uptrend in the weekly timeframe, reaching resistance at 8.466 and retracing to support at 6.204. This support has acted as a reversal point several times, indicating its significance. 📈🔄 For a short...
Finally! Volume candles is now available! A new feature that can add a lot of depth and confluence to your analysis. In this trade idea, I'll show you how to use volume candles as an extra tool for analyzing markets across different timeframes. It's a handy trick that can give you some valuable insights. Let's dive in and explore how it works. 12M - 6M...
This is my Intraday analysis on EURUSD for 4 Apr 2024 W14 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish / Continuation INT Bearish / Pullback Phase 2. Price reached the INT Structure EQ / Premium and swept the Liq. on the left from the bearish INT Structure Leg. ...
On the above 10-day chart price action has increased 80% since the year began. A number of reason now exist to collecting profits. They include: 1) Price action and RSI support breakouts. 2) Weekly bear flag confirmation pattern. 3) Hidden bearish divergence. 4) The bear flag extension mark the correction for this flag to 32 dollars. Is it possible price...
Injective is one of the AI-related altcoins which grew by +800% after the channel breakout. Now the price consolidating in a channel and you can buy it close to the bottom and sell at the top of the channel. The main question is at what side the channel will be broken! Additional question, if the price have enough power to grow by 700% as the continuation of the...
NZDCAD nicely respected a recently broken key horizontal daily support. After its bearish violation, an underlined blue area turned into resistance. Testing the broken structure, the price formed a double top pattern on an hourly time frame, giving us an intraday bearish confirmation. We can expect a retracement at least to 0.8136 ❤️Please, support my work...
The greenback might be showing signs of a peak -- despite strong economic data and a favorable macro environment. The first pattern on today’s chart of the U.S. Dollar index is the price line around 105. DXY stalled at this level in mid-February and again this week. Some traders may view that double top as a bearish reversal pattern. Second, the resistance is...
Hello traders. This is my current view on GU. I still feel there is strong buying power and I will be looking to buy at that level. I am aware that GU failed to break above the previous high and then started its rejection to the downside. With this position I will not be waiting for any rejection candlesticks before entering. My target will be at the current daily...
DJI outlook: Monthly and Weekly, i feel with the current economic climate and the world being on fire, especially the supposed banking crisis just around the corner, its hard not to feel the recent bullish action since Oct 2023 was a melt up to allow large money institutions to exit at the best possible prices. Prev ATH was ran through completely, and i...
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 since yesterday's highs (03-04/2024) where we continue to trade within a fractal high and internal low. Further new high has meant location of ChoCH has been brought closer to current...
Confluences for a this buy setup are displayed in the image already. Took a buy order for this trade already based on one hour bullish engulfing candle. Let me know your thoughts on this trade and kindly give me a boost and follow if you love my analysis, you can take a tour on my page to also check out other analysis.
A higher chance that the EURUSD to go down to get support properly! EURUSD may go down to get support properly because it has not touched the supreme demand zone to continue the bullish trend! As it was previously in a bearish trend on a higher timeframe it must go and properly get support from the most demandable zone. So, look at my drawing on the chart and...
The price has swept some liquidity above this year's equal highs while at the same time diverging with Euro both on HTF and MTF. The target for this move is EQL.
Hey Folks. Here is my trading plan and idea for EURUSD for the weeks ahead. As it is clear the price is moving in positive ranges in 4-hour time frame. In the last Positive range, by mitigating the "Decision Block" and Creating a new HH, there is a level of liquidity in the range and I am waiting for it to be hunted. After Hunting the level there are 3 places I...