On the above weekly chart price action has corrected 95%. A number of reasons now exist for a bullish outlook, including: 1) Price action and RSI resistance breakouts. 2) Regular bullish divergence. 3) What was said above is also true for the ATA-BTC pair. Is it possible price action corrects further? Sure. Is it probable? No. Ww Type: trade Risk:...
EURAUD tested a solid rising trend line on a daily time frame this morning. After its test, the price formed an ascending triangle formation and successfully violated its neckline. I think that the pair may start growing now. Initial target - 1.6483 ❤️Please, support my work with like, thank you!❤️
H4 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price has now printed a bearish which confirms the initiation of pullback which was needed by all HTF's. Following the bearish iBOS we now expect price to pullback. Intraday expectation: We are seeing a reaction to H4 flip zone where price could target weak internal low, however, price is trading in...
1) The stock is in uptrend in all major timeframes. 2) The stock is in weekly consolidation since JAN 2024 - 4 Months old weekly consolidation. 3) The stock shows strong volatility contraction in Daily, looks poised for breakout. 4) Weekly,Daily,4H & 75 min RSI Intact - Momentum in play. Entry around 230, Best - Between 215-220. SL - 214 Daily closing...
USDCAD tested an intraday horizontal support. After its test, the price formed an inverted h&s pattern on an hourly time frame, and broke its neckline. We can expect a pullback now, at least to 1.36845 ❤️Please, support my work with like, thank you!❤️
Daily time frame: 1. Swing is bearish, INT is bearish. 2. After iBOS we can expect INT pullback. 3. The pullback phase is ongoing, Now we can play longs to target at least the EQ of the range. 4H time frame: 1. 4H swing is bearish, INT is bearish. 2. After swing BOS we can expect swing pullback. 3. Bullish CHoCH is a sign that the INT pullback has...
The daily level MSB line broke, but yesterday and Tuesday the daily line had a long lower lead Pinbar pattern, given that the main idea of to do today is long. Currently during European trading hours, drop down to the hourly level for observation. Two kinds of evolutionary deduction capabilities for the market are needed 1. If the market inertia changes at the...
This pair has been stuck in a range between 1.105 & 1.055 for nearly 2 years and has just broke out of the short term resistance @1.095 The next logical move now is for the pair to test the top of the 2 year range above 1.10 and as it does this is where I will be looking for SELL setups. The daily chart below gives you a clearer picture of the 2 year range and...
Hello traders, this is my analysis on GU. I am looking to look for longs at a 5m demand level. Stops will be just at the daily low and I will be targeting the 1h supply levels and fvg that formed on Friday. We will see how it goes. Danko!
This is my Intraday analysis on EURUSD for 24 Apr 2024 W17 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment EURUSD is slightly bullish: The Euro is currently showing some strength, having gained yesterday strong Euro data and on weaker US data. Market is...
Hello traders and investors! I've seen several ideas for selling based on different patterns, but I'm not seeing the context for selling just yet. On the daily timeframe, we still have a sideways range. The seller's vector 9-10 has hit the obligatory target, but it hasn't reached the lower boundary of the range at 59005. This lower boundary represents a buyer's...
ILV has been on a good run, and it’s now reaching a historic resistance point at $109. Everyone anticipating the PB4, if you are into GamingDefi space make sure you sign up for the private beta you still got time.
Weekly timeframe - First time break (market structure switching from bullish to bearish for the first time -> hardest thing for the market to do - Bearish fib completion (-27) - Bullish indicational candle - Bullish supply and demand zone Previous structure as my target Daily timeframe - Bullish M (daily market structure is bearish but I am trading at least...
HELLO MY PEOPLE! Hope everybody is doing absolutely fantastic! Just wanted to get on here and make a post on what I see for the potential future here on USDCAD. I know you guys are probably thinking...didn't you just make a post about shorting this pair like a few weeks ago? YES...yes I did...but things DO CHANGE in the markets and for me personally things have...
Idea from FVG on M5 to Relative Equal Highs Price reached order block on weekly. We may see some measure of retracement.
Market Structure Bearish on HTF Weekly Rejection at AOI Weekly and Daily Around same AOI Around Psychological Level Daily Rejection at AOI Strong Bearish Momentum H4 EMA Retest Rejection on H4 Time Frame Strong Level of Support Turned Resistance REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient ...
Price has been in a bullish momentum since the beginning of 2024 and has broke the all time high of 151.681 in the daily time frame. Price has remained bullish and will continue to remain bulish until the 156.900 to 158.000 area. Using Top Down analysis, a clear liquidity has been taking on the 1Hour time frame, with a break high on the retracement and break above...
BINANCE:OCEANUSDT , 1d Price is trading above the 200SMA suggesting that the long term trend is intact. The downward trendline has been broken and has been consolidating for the past two days. On the 4h, price has formed an imperfect cup and handle with the consolidation being the handle. The MACD line has crossed above the signal line indicating a bullish...