Around three weeks ago I made an analysis on FTM where I discussed the pending break out of the cup & handle pattern. As seen on the chart, the pattern has been successfully confirmed and a break out is currently underway. FTM is now trading at it's highest point in 22 months. 2$ is the target for now. If BTC will soon break through 70k with confidence, we...
By examining the CADCHF 1-hour chart we can figure out there is a lot of buy-side liquidity that can be defined as a smart money target. The market structure is bullish and the price had a bullish reaction to the daily order block. Now, there is a sell-side liquidity inside the FVG that creates a high probability buy setup for us. Please keep it in your mind:...
Hello traders, we want to check the GBPCHF chart. The price is moving in an ascending channel and has reached the specified resistance level. We expect this level to stop the upward trend of the price and the price will have a correction to around 1.11500. Good luck.
Hello dear friends ! Today the USDJPY pair still retains a deep trading surrounding 150.32 and maintains the sideway trend. It is expected that today's price will not have any significant breakthroughs because there will be no information in this published today. Resistance level: 150.64, 150,800 Support level: 149.95, 149,700
I'd like to extend a warm welcome to everyone at the start of this new trading week, hoping it brings you all smooth transactions and thrilling opportunities. Let's now explore the GBPUSD for today and discuss our strategy for the coming days! At the moment, GBPUSD is showing a stable price level around 1.266, with a slight recovery of 0.08% today. This pair has...
Today, as the trading session began, EURUSD did not witness significant changes, gradually ascending to trade below the 1.0850 mark during the Asian session on Monday. The US Dollar is regaining its footing in the Asian markets with mixed sentiments, leading to a cautious atmosphere. Investors remain anxious about a pivotal week ahead, especially focusing on the...
My trades hit full TP. Now I'm bearish, started to scale shorts. I have multiple reasons to be bearish but I don't predict - I react. I accept whatever market gives me. Let's see how it goes. 2WT = 2 Way Trap LQP = Liquidity Pool Arrows = Inducements (Minor, Medium, Major different colors)
What do you think? DBR = Drop Base Rally Demand Zone LQP = Liquidity Pool Arrows = inducement points HTF = Higher Time Frame
As you can see, the price was in the range for a while and there is a liquidity pool on both sides of this range. A sell-side liquidity in daily FVG makes this FVG a high probability support and we can also define the bullish 4-hour breaker block inside the FVG. Now, we can expect price support from the FVG and move higher to collect the liquidity above the...
Waiting for DXY inducement to get in. Most of the USD pairs look like a short right now. Waiting for some reactions confirming my predictions. I don't predict in trading, I react to what I see. It either goes to the hidden base or it might just drop off the inducement and imbalance fill. Lets see! What do you think? LQP = Liquidity Pool
My dear followers, I analysed this chart on CHFJPY and concluded the following: The market is trading on 169.67 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 169.95 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
Gold formed a beautiful ascending triangle in the one-hour timeframe and managed to break above its price to 2141 📈 We have a strong and important resistance zone at 2142 - 2148 where we may experience good selling opportunities. Furthermore, gold is currently coming down towards the support at 2120. If this support holds and doesn't break, we can go long with a...
Two days ago I made an analysis on my expectation of Bitcoin's short-term price action, based on historical price action at the moment a new all-time high has been made. My most likely scenario was a new ATH, followed by a dump towards the first yellow area of support. This has now occured, together with an hourly oversold reading on the RSI. Experienced...
After a strong upward movement, gold has reached the resistance range of 2140 - 2148 significantly. It seems like it's time for a correction now. If gold wants to correct due to today's news, we can set our target at 2090, which is an important support level for gold. Gold Support: 2080.5 - 2088 Gold Resistance: 2140 - 2148 And the price of 2120 determines the...
Gold extended its upward momentum after the weak US services PMI report Gold prices extended their upward momentum after services PMI data missed estimates, investors waited for Fed Chairman Powell's testimony today. During the March 54 session, gold prices maintained their upward momentum, supported by PMI data that was lower than estimates. In the European...
7 hours ago Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Hello traders, we want to check the EURAUD chart. The price is moving in an ascending channel and has reached the key level and the bottom of the pullback channel. We expect the price to maintain its upward trend and the price to grow to around 1.67400. Good luck.