According to our analysis, SPX500USD is currently in a downtrend in 4H or above timeframes. However, we’ve identified a potential opportunity for a long trade. There was a breakout of Key Level 4756.8, we are waiting for a retest on support levels (as marked as Buy limit levels on chart). If all goes well, we could see a touch on 4775.5 and gain some pips from...
Hi Traders, PLTR is oversold on the 2HR, 4HR, and daily charts and has nearly completed a corrective wave. This corrective wave is denoted by the yellow ABC pattern (also known as a Zig Zag pattern) in Elliot Wave analysis. The Wave Trend indicator is extremely oversold since the signal is far below the green boundary as shown on the chart. I anticipate PLTR...
Hello guys, I hope you are doing well. We have the gold chart in 1 hour time frame: For gold, if you remember, we had an bullish order block area, which moved up well upon reaching this area, and it has also started to move up in the return to the candlestick that was formed in one hour and the demand area was formed. The point that is important in the one-hour...
Hi Friends, Another analysis on gold. As always I keep everything simple. So we have multiple levels of buy and sell. Our immediate sell level is 2047-2049 which price has reacted to. Below it we have level 27-29 as our demand level and also below it another one. in case market continues rallying up we have couple supply levels like area 61 and 73. So we have to...
Hi there! I just noticed the opportunity to good long on the AUDUSD H1. The conditions met from the left (are not visible here). This publication without explanation, sorry, because doing it on the go. But for check. if this is done I will explain everything
After rallying to the 50% of the FVG last friday thanks to the NFP, I believe the break of structure on the Daily chart is confirmed. So we're going lower, first at the FVG around 1.085 then maybe the Order Block at 1.08.
NZDUSD is currently exhibiting a downward structural trend, with prices rebounding from weekly and daily highs. As the market retraces into weekly demand, we anticipate further bearish price development. Notably, the 4-hour supporting trendline has been breached, signaling a potential shift in momentum. Our strategy involves patiently awaiting a pullback on the...
CADJPY is currently rebounding from a significant weekly resistance level. Upon closer examination of the daily timeframe, a Break of Structure to the downside is evident. Additionally, a well-defined Harmonic Gartley pattern is taking shape, with the completion of the D leg aligning with the 4-hour Order Block. Anticipate a potential downward movement from the...
A strong impulsive move that left an imbalance on the 15 Min after leaving behind some liquidity proves a valid bearish order block for a trend continuation trade. I've measured with the Fibonacci retracement, it aligns with the 61.8% level. As well as using the volume profile sentiment of recent price history. (Valid POC). Hence, price could potentially retrace...
Hello Friends, Another Gold analysis , So market is currently at 2065, our immediate supply level is 2068 which market has already reacted to. Should price go up then area around 78-81 would be good for a sell and also area around 84-88. In case dollar strengthen we should expect a drop to around 55 and 45 So as always make sure you have these levels around...
As you can see, on the 1 hour chart, the trend has been very bullish lately. However, there has been a recent pullback. We are looking for a buy opportunity on the open next Monday, as a trend continuation trade. My reasons to believe price will keep pushing upwards are the main confluences that hint toward this move. - Fibonacci retracement 50.00%. - Many...
Overall on uptrend. Buy limit set at order block where there is imbalance (89.302). Targeting OB above. There is equal low which could be liquidity grab so have given trade some room.
From our AI screener, it shows the currency Japanese yen is turning to weak side after over bought last week. Moreover, AUD and NZD is going to strong side. Based on Technical analysis in higher time frame we found AUDJPY and NZDJPY has a new trend to upside. 💰Here we sharing the buy limit order levels of AUDJPY for the week as shown on the chart. 💹News about...
Hello Friends, In this analysis as always i have multiple areas of sell and buy. To begin with currently price is at area 31 which is a buy side level, just below it exist level 26 which is also a potential winner. should price go up level 39 -42 is a supply zone and just above it there is a QM level which price reacted to yesterday and it would be second...
Break of structure towards downtrend. Rectangle drawn over orderblock showing big imbalance area too. On 1hr can see equal high liquidity to be filled. Targetting lower orderblock also has imbalance. Sell limit has been set from 1.10148 targeting 1.08761 (1:4.53 rr).
From previous trade i have found orderblock with imbalance to continue to full target.
This setup has been analysed on multiple timeframes. On the 4hr you can see there is a change of character as trend breaks to upside. Overall trend when zooming out was also on uptrend. I have drawn an order block on 1hr timeframe that includes imbalance. Enter when market opens and gap closed. Targeting the order block on daily timeframe which also has imbalance...
Hi Friends Another analysis on gold. So pretty much as always I have multiple areas for sell and buy. Starting with 1970 level which is a demand to be tested and below it 1965 . But our immediate demand level is around 1977 which can be tested. Currently price is at 1983 which there seems to be a bearish divergence on the footprint chart leading to a fall. In...