GBPUSD is compressing and making a double insider bar. After a compression,we usually get a big outburst move. We have placed our entry on the confirmation bar according to our smart money framework and the target for the 50% OE distance as indicated on the chart. Trader Order Details: GBPUSD(Short) E - 1.2146 SL - 1.2332 T - 1.2040 We will be tracking this...
I have marked the zone above which I am becoming bullish and expect testing at least POC of the same range and daily 89.30. After filling the gap we got a strong reaction. We are currently above 50 daily MA, above VAL and closing today we get a bullish divergence on the weekly RSI. We are monitoring the price and if they show weakness, I do not rule out...
We have now successfully hit target on Bitcoin. The chart image shows the sequence of events from 1-4 as per the trade order. As per our previous post, here are the trade order details. Trade order details: BTCUSD(Long) E - 26086 SL - 24919 T - 29045 Target hit on 16th Oct 2023 2959point profits @£1000 risk = £2535 Great job on those who followed us on this...
The last two analyzes that I will mark below showed that I was bearish below the weekly level. After that, a bullish divergence appeared and the shorts were manipulated. Therefore, this zone was retested and if it is only 1 hour of the saint, we got a strong reaction. Zones that I watch, below the weekly level 106 - bearish, the last price for me. Above closing...
In this live trading session video,we look at our open and closed positions and the potential trades setting up for the week on GBPUSD,S&P 500,Brent Oil,Bitcoin and many more. To understand our ideas and videos better,we highly recommend watching our following stream videos: 1.Trader Starter Pack 5 day video course Look on our channel profile or at our signature...
After rejection of 100 and 200 DMA for the second time, at the same time they were at the same price weekly and daily level at 27980. The zone I marked is supported by a daily level, two weekly levels, a monthly level and a Fibonacci level of 0.618. Above that zone we have the fibonacci level of 0.382, which is at the same price as the daily level, below the...
Hello Traders, This pair is approaching a strong supply zone which might be used to create a retracement for the extended 'W' pattern being formed on the daily chart. Follow for more trade ideas like this. Cheers, Jabari
Hello Guys, Like AUDCAD (inserted below), price cleared sell-side liquidity (relatively equal lows). Look left on your daily chart to see it. After clearing the sell-side liquidity, price formed a CHOCH on the daily chart. I'd like to see a retracement into the daily order block and wait to see if my trade setup will appear before going long. Follow for more...
Hello Guys, NZDCHF traded into a WEEKLY OB and formed a bearish CHOCH on the daily timeframe. The expectation would be that once price trades into the daily OB (this happened on Friday) price would continue to the downside. Now that we are price has traded into the daily OB, I would like to see how price unfolds in the 1-hour timeframe. If I see a CHOCH on the...
We are looking at Brent oil for a potential short trade only if the following occurs: 1.Wait for Daily bottom to confirm 2.Then for top to confirm before taking shorts till Weekly Confirmation Bar low is taken out at 83.46 **We will only be considering this short trade for a very small period as Weekly is in Uptrend** We will be tracking this move and updating...
Closing of the day or week below or above this level will determine the DXY movement. Before this jump in the last analysis, I wrote that divergences were formed and that dxy should now jump. News along with divergences pushed the price. If the price keeps this level, the expectation is 108, as was the plan all this time, but we will see what the price shows
In the last analysis, we expected 108 final peak, but also below the level of 106,200 is bearish. With what we see now, we got a new weekly level and currently higher probabilities show that we are going into a correction. Things to watch eurusd and spx primarily. Closing above this level cancels this setup. You can check below my opinion about DXY
Bitcoin is still holding its potential weekly bottom level of 24920. Price structural level of 24756 on the weekly timeframe is still holding and has not been broken yet to give a trend change. Next level for BTCUSD to break through for further strength to the upside is the last potential top at 28592 as in image above. As of now,Bitcoin is retracing quite abit....
As per our previous post, the US30 had a 10% probability of going lower and it has turned around this week to confirm its bottom according to our smart money indicator. The weekly is on a Uptrend P2. The 2nd daily bottom is it's 2nd attempt to make a weekly bottom towards a weekly P1.We have taken this trade on a long position upon entry on the 4H timeframe...
In this live trading session video,we look at our open and closed positions and the potential trades setting up for the week on GBPUSD,S&P 500,Brent Oil,Bitcoin and many more. To understand our ideas and videos better,we highly recommend watching our following stream videos: 1.Trader Starter Pack 5 day video course Look on our channel profile or at our signature...
Current price holding and rejection from POC. Opens the door to the VAH level, but before that I expect another drop because the 100 and 200 Dma arrive at the daily level of 1.72. If the setup appears down again at POC or a little below the last monthly level, you can entry to swing long and try to capture 60% of the profit. I showed where I would hold a stop...
I will make a new analysis because you have the whole downward movement described in detail step by step. Now we looking for long. First try there, if we go done eyes are fixed on 80$. WHY? 100, 200, VAH last range. Below that I am not bullish anymore because we should not go back to the old range.
After 108 days, natural gas leaves the ranking. For trade wait for retest top of range , below are followed by 100 and 200dma. I have not done anything about this, I will accumulate about 2.2 if it comes.