Hi there! I'm a buyer on the DOW JONES: -RMID (Range Manipulation Initiation Distribution) -We have liquidity uptake. -We're in an interesting zone. -We have the optimal Fibonacci. -We have accumulation before/on the zone. -We're in the trend. Let's not forget that we also have good profit results from companies, and we have Nvidia's report coming up, which...
Hello everyone! I'm bullish on NAS100, despite the negative figures in January which slowed down the rise of stocks/indices, we still have good results from most companies. We have Nvidia's earnings report approaching, and it looks very promising! Technically, I've entered a buy position due to: - 2 major liquidity uptakes. - Buy zone created through...
Hello everyone! The plan is still in effect; I've taken a second entry! - Here's my view on BRENT: - We have liquidity. - We have an interesting zone. - We have the optimal Fibonacci. - We have accumulation before/on the zone. - We are with the trend. Fundamentally, we'll continue to monitor the evolution of conflicts in the Middle East because they can...
Hello everyone! After yesterday's TP, the plan is changing; we're turning bearish on GOLD! - Here's my view on GOLD: - We have liquidity. - We have an interesting zone. - We have the optimal Fibonacci. - We have accumulation before/on the zone. - We are with the trend. Fundamentally, we have a very strong dollar, and as you know, when the dollar rises, GOLD...
"Hello everyone! - Here's my view on GBP/USD: - We have liquidity. (Recovery and Accumulation!) - We have an interesting zone. - We have the optimal Fibonacci. - We have accumulation before/on the zone. - We are with the trend. Fundamentally, we have a very strong USD. Particularly thanks to the very positive NFP for the US, among other factors! 10Y T-Notes...
ello everyone! - Here's my view on EUR/USD: - We have liquidity. (Recovery and Accumulation!) - We have an interesting zone. - We have the optimal Fibonacci. - We have accumulation before/on the zone. - We are with the trend. Fundamentally, we have a very strong USD. Particularly thanks to the very positive NFP for the US, among other factors! 10Y T-Notes have...
This current bullish move looks to be running its course, resembling a bull flag. Will be waiting for a confirmation on LTF's to get in short, hopefully before the big news on Friday, which I expect to confirm interest rates staying as they are for longer, and a hawkish fed.
Even though sterling has found recent resilience, we are in a long-term down trend. I believe the recent rally must end, fundamentally the pound is much weaker than the dollar, the UK is in recession and the US looks likely to avoid one. The FED will start cutting rates, but I believe the BoE will act sooner (or at the same time) because it doesn't have the...
Today's focus: USDX Pattern – Continuation (Bullish) Support – 103.65 Resistance – 103.96 Hi, traders; thanks for tuning in for today's update. Today, we are looking at USDX on the daily chart. Today, we are asking if the USDX will set off on a new continuation higher after posting further bullish price action. The worry is if we don't see a close above...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61400 zone, NZDUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.61400 support and resistance area. Trade safe, Joe.
This is my Intraday analysis on EURUSD for 28 Feb 2024 W9 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m NOTE: Nothing changed again from yesterday, 4H no changes and 15m just created INT to INT Structure. 4H Chart Analysis 1. Swing Bearish INT Bullish Swing Pullback Phase 2. After a BOS and...
EURUSD broke the resistanece level of 1.0795 EURUSD has been trading in a bearish trend for the last couple of days. Possible scenario The best way to use this opportunity is to place a Sell order to 1.0796. Possible scenario The best way to use this opportunity is to place a Buy order with 1.0796 and target should be 1.11085 The upcoming news will not...
The NZD/USD pair on the M30 timeframe presents a potential selling opportunity due to a downward breakout from a symmetrical triangle pattern. Key Points: Triangle Breakout: The price has been trading within a triangle pattern, characterized by converging upper and lower trendlines. This pattern can indicate a period of consolidation before a breakout in either...
As we monitor the price action we are looking for a break in the current structure before getting active with a direction. We have no GBP news this week. Only USD news to push the narrative.
– Tuesday Daily candle close weak Bearish rejecting the upside and respecting recent Daily Resistance. I’ll be looking for potential Buys above 2038.100 targeting previous Weekly Support formed on 8th January 2024 around 2045.400 and 1h previous Support formed on 2nd February 2024 around 2052.500. I’ll be looking for potential Sells below 2027.500 targeting 1h...
Republican-led shutdown: What's at Stake for the USD?? We are four days away from a potential partial government shutdown, and negotiations among lawmakers have yet to produce a resolution. On Monday, Senate Majority Leader Chuck Schumer, Senate Minority Leader Mitch McConnell, House Speaker Mike Johnson, and House Minority Leader Hakeem Jeffries meet in...
Hello Traders, I'm excited to share some insights on XAU/USD: The bearish channel has been successfully broken, and a new bullish trend has emerged. While the new bullish channel appears relatively narrow, it's important to remember that breaks above or below it may not necessarily indicate a change in trend direction. Here's our strategy: Keep a close eye on...
Morning again fellas, Won't be longing until this happens. Here, I said it. Trade thirsty.