I've identified a trading opportunity on the GBP/CHF currency pair. After the price returned to the lows to capture previously left liquidity in the 0.6480-0.65 range, you've set up a long trade. Currently, you expect a bounce in the demand zone along with the validation of the bearish continuation pattern (FCV) on the H1 time frame. This validation could lead to...
GOOD MORNING EVERYONE,
From last week gold in downtrend due to interest rate and unemployment issue. we think this week yellow metal give some pull back and go downtrend.
Lets wait for my every update
On GBPAUD, I've identified an interesting long setup. The price could potentially move from 1.9780 to 2.02 without apparent obstacles. My idea is to open a long position on this currency pair. Currently, the price is in a zone that we could define as "hot," as it's situated between a demand zone and a supply zone.
Within this same zone, the market has generated...
If you haven`t sold the massive Head and Shoulders Bearish chart patter:
Or reentered ahead of a previous earnings spike:
Then analyzing the options chain and the chart patterns of PTON Peloton Interactive prior to the earnings report this week,
I would consider purchasing the 7usd strike price at the money calls with
an expiration date of 2023-8-25,
for a...
We're at a point where 4350 has to hold at all costs. If it does, option flow is seeing a possible test of 4400 4415 4435 above. That said however, if 4350 fails, we could dump right down to 4200 then 4175.
Analyzing the options chain and the chart patterns of CSIQ Canadian Solar prior to the earnings report this week,
I would consider purchasing the 31usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $4.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking...
I entered a short position on XAU/USD after noticing a significant break of a swing low at the 1896 level, further supported by a bearish channel on gold. My trade involves an entry at a supply zone at the 1902 level on the H4 timeframe, where we have a box containing the last buying orders before the major sell-off that led to the break of the H4 swing low. I've...
On EUR/USD, we have a bearish setup following lower highs and lower lows. I've decided to enter the market as the price on H4 broke two swing lows, one at the level of 1.0862 and the other at the level of 1.0855. I entered on the price retracement at the level of 1.0875 where we have an H4 supply zone, a truly significant area as it was the last bullish candle...
Good afternoon traders! On GBP/USD, we have an interesting setup. Today, there are no major macroeconomic data releases, and the market seems to have regained good volatility after a week of little movement. The market is showing a breakout of a swing low on the H4 timeframe at the level of 1.2727, followed by a retracement to the H4 supply zone. This retracement...
On the S&P 500, I've identified a break of a Swing Low at the level of 4378.80 on the H4 timeframe. This allowed me to spot a supply zone on H4 and subsequently on H1, where the price could reverse. In fact, I've marked this area in gray and there I'll await a retracement, which I'll assess on M15 and H1 to decide whether to enter a short position or not. In case...
In GBPJPY, we have a bullish setup, but the price has shown signs of weakness and seems to have given hints of a reversal. Currently, we have a price that has broken the swing low at the 185.78 level on both the 15-minute and 1-hour charts. However, to confirm this, we would need a swing break with a 4-hour candle.
If the market manages to create this setup, we...
On EUR/USD, we have a bullish setup with the price showing initial signs of weakness around the 1.0895 level. In fact, after testing the descending trendline twice on the hourly chart (H1) and forming two spikes without breaking it, the price reversed downwards. Now, I'm anticipating a move towards the 1.0880 area, where we have a Fibonacci confluence (FVG), and...
In the USD/CHF pair, we can observe a long trend on the H4 timeframe, which started on July 27th, now about two weeks ago. My expectation revolves around a potential long trend if the market retraces to the 0.8780 area. This level corresponds to the 0.5% Fibonacci retracement, marking the 7th touch of the trendline. Additionally, considering the context, we are...
On GBPAUD, I've identified an interesting long setup. The price could potentially move from 1.9780 to 2.02 without apparent obstacles. My idea is to open a long position on this currency pair. Currently, the price is in a zone that we could define as "hot," as it's situated between a demand zone and a supply zone.
Within this same zone, the market has generated...
Good morning traders! While observing USD/JPY, I have noticed that the price at the 145.48 level aligns precisely with the third touch of an H4 bullish trendline. Today, we have the FOMC, so please exercise caution. In my opinion, the price could provide clear reversal signals in the event of a trendline break and subsequent re-test, which could lead the price to...
In the ever-evolving realm of cryptocurrency, where fortunes flicker like distant stars, Kava emerges once again, inviting traders on a fresh journey of potential gains and exhilarating market maneuvers.
Picture the chart, a line of time etched with the memories of past movements. A channel, like a road leading to possibilities, draws our attention. It’s not just...
