We are waiting for the the top to confirm on the weekly timeframe on US30. Once top confirms, this will be a weekly P2 move on US30. Then we will be looking at the daily timeframe for bottom confirmations to ride the P1 move on weekly. We are following the smart money framework based on cycles and the volume spread analysis methodology to capture the turning...
We are looking to capture a weekly P1 move on EURUSD after the top confirms on the weekly timeframe. We are following the smart money framework based on cycles and the volume spread analysis methodology to catpure the turning points in the market and to ride the big runners.
This is in reference to our previous idea of us entering on the 4H timeframe bottom confirmation towards a daily bottom and then a weekly bottom to confirm. It was entered based on price and volume spread analysis rationale. Let us check and see if the bottom confirms today according to the smart money framework. So far, the daily is going in our favour.:) Refn...
We are looking at a potential entry on daily seller bar high to be taken out for price to continue further upwards and go onto confirm the bottom on daily and then weekly according to our smart money framework indicator. BTCUSD(Long) E - 30035 SL - 28476 T - To be confirmed(TBC) We will be tracking this move and updating the post as we go along on the charts...
We are looking at a potential entry on 4h bottom confirmation according to our smart money framework indicator and for it to go onto confirm the bottom on daily and then weekly. E - 1.2711 SL - 1.2615 T - To be confirmed(TBC) We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.
EURAUD has reached significant support, which is the same as Fibonacci level 50-60, so I expect a bounce up to the descending trendline and if it breaks it could target higher resistance levels. If the support breaks, the nearest support level may be the target. Daily chart: Good trading! If you find it useful, like, follow, share!
Monday's daily candle closed bullish as anticipated. I'm still anticipating a bullish market for the rest of the week
This is the daily chart on FX:USDJPY The price tested the support last week and gave a bullish engulfing candle to end the week. I anticipate a bullish market this week.
TIMETECHNO 109 Now, Huge upmove possible in next 12-16 Months FIB level suggests it is heading towards 160 levels. Do your own research before investing...
Gold is moving within a long-term upward trend. It has retraced back to the Fibonacci 0.618 level and reacted to it, breaking the corrective trendline. I anticipate that after a pullback, it will once again target higher levels. If you find it useful, like, follow, share! Good trading!
The AUDNZD reached a significant support level that corresponds to the Fibonacci 0.618 level. The price reacted to this level, so I anticipate it will resume its upward movement towards higher levels. If you find it useful, like, follow, share! Good trading!
The Bitcoin is currently in a range-bound state. It is moving within an upward long-term trend, making it more likely to break out to the upside. However, I see a possibility of it touching the ascending trendline around 27,700. Until it breaks out, there is a possibility of range trading. If you find it useful, like, follow, share! Good trading!
The price is moving in a descending channel and has reached its upper part, breaking the ascending trendline, so I expect further decline to lower support levels and eventually to the bottom of the channel. Good trading! If you find it useful, like, follow, share!
GBPCAD is moving in an uptrend, has now broken the secondary trend line and is showing bullish momentum again. We are waiting for the signal on a lower timeframe. The targets are higher resistance levels. 1D chart: Good trading! If you find it useful, like, follow, share!
The price broke a significant trendline and formed a descending triangle from which it is expected to move further downwards, targeting lower support levels. Good trading! If you find it useful, like, follow, share!
The price has reached a strong support, so I expect it to return to higher levels again.
The price has broken a significant trendline and resistance level and is therefore expected to target higher resistance levels. Good trading! If you find it useful, like, follow, share!
The price moves in a descending channel and has reached the upper part of the channel and a strong resistance level. It is expected to move downwards and target previous support levels as well as the lower part of the channel. 1D descending channel: Good trading! If you find it useful, like, follow, share!