Spx New Forecast the price reached our target as we mentioned in the previous idea. Now, it still has a bullish trend to reach 5224 from the pivot line which is 5177, so otherwise, it should break 5177 by closing 4h candle under it to get 5150 and 5120 Pivot Line: 5177 Resistance Levels: 5202, 5224, 5249 Support Levels: 5153, 5120, 5103 Today’s expected...
We have 4h liquidity sweep, shifted bullish and initially made a minor sweep to mitigate the breaker block, followed by the first break to the upside then after an internal sweep to mitigate the order block… looking for a pullback to the unmitigated order block then a hike to the buy side liquidity…
Last week, there were fireworks across all JPY pairs, with each hitting multi-decade highs. Notably, EURJPY reached an all-time high, peaking at 171.5 before experiencing a sharp drop due to two rounds of intervention by the Bank of Japan (BOJ). So, what’s next for this pair? This week, it’s been slowly creeping back toward the zone where the second round of...
OANDA:XAUUSD price is still moving sideways. The market is bouncing between range boundaries. The bulls failed to push the price higher at the top of the range, which might be a sign that the market will move to the bottom of the range. The market, as you can see, is consolidating around 2300 because the price usually moves sideways at key levels, which is...
AUD/USD 4H - This is the last pair that is on my watchlist this week and another market I want to see price trade us higher from. I am expecting price to take us up in the market after trading us down and into an area of Demand. As we know by price trading us down and into an area like this we are seeing more demand being introduced, Supply being offloaded, this...
There is a descending channel, after reacting to a daily resistance, it is possible to continue falling.
NZD/CAD 1D - This is another market I am looking to take long, I want to see price come back down, correct itself so we can look to get involved with a refined entry. I was going to place longs now but I understand that our RR would not be so good and our position would not be very refined, this is why I am choosing to wait for price to correct itself taking us...
Breaking the trend line and support of 61800, I expect more price correction
XAU/USD 1H - This market looks to be currently putting in a corrective wave to the upside before a continuation lower on the higher timeframes, so with that being said we could look to go long. I have waited for price to trade us down and into a valid FVG, we are seeing price reject well from this zone up to now. I have set my SL below the 50% mark, this is...
GBP/USD 4H - Originally my bias was to see price continue trading price higher up and into the Supply Zone above, as of recent though we have seen price breakdown to the downside. For me this is suggesting price is putting in a fractal corrective wave within this higher timeframe correction to the upside, meaning this bearishness is temporary before a...
H4 Analysis: Analysis/bias remains the same as yesterday's analysis dated 07 May 2024. -> Swing: Bearish. -> Internal: Bearish. Price has now printed a bearish BOS and iBOS as price needed a pullback from all HTF's Following the shift in structure we now expect price to pullback. First indication, but not confirmation, of pullback initiation would be for...
After the Federal Reserve slowed its balance sheet reduction and the labor market cooled more than expected, BTC led the token rebound. Compared with the dump that the token experienced in April, the price of BNB has always remained at a high level. This is related to Binance’s frequent Launchpad and Megadrop launches. The logical upper limit of BNB fundamentals...
Price is already forming a possible QM structure, We shall wait at the zone before executing the price. TAYOR!
Price clear forming a QM structure but have to beware and trade wisely. TAYOR!
After a retracement to $16980 at the end of April, the NAS100 price started to rise again. We witnessed a magnificent manipulation on the part of SMC. Indeed, as explained on my chart, the price accumulated from February 29 to April 16, creating a large range. The following week, SMC liquidated all buyers below this range, recovered liquidity at $17322 and...
After recovering large amounts of liquidity on April 19 at $4948, retraced in the OTE zone, we went back up, creating 2 nice CHoCHs. I really went back to buying at the CHoCH at $5173, which for me marks a real return to the upside. I'm very confident that a new ATH is imminent. 3 zones to look for before the ATH: ✅ 5219$ ✅ 5242$ ✅ 5265$ In my opinion, this...