Long Bullish Position pending in the beginning of the new week. We have dropped down to last weeks Low Value Area and have since created a new Point of Control at this level with last weeks Point of Control becoming the second Fair Value Area (Projected Target). The trade is a 1:3.5 RR however this is just an idea at the moment as we haven't seen what price will...
I think we will see a further bullish continuation by gold in the beginning of this week to reclaim some of the trapped volume at the higher prices labelled on the chart
TARGETING 4 HOURLY / DAILY HIGHS. WE HAD A 2HR IMBALANCE WHICH WAS TESTED AND WE BOUNCED FROM IT. I THINK THIS LOOKS LIKE THE LPS FOR THIS NEXT PUSH UP TO BREAKOUT OF THIS STRUCTURE.
I see a potential final LPS on this pair around the current price region before a continuation to the upside. I'm waiting for some entry signs and a slight retracement to identify an LPS
I have charted up what I see on GBP/JPY. It looks to me like the previous high of this range was a 4HR institutional manipulation. This could have caused the large fall recently. I believe now that the pair is accumulating and institutions are beginning to take profits from their short positions and are allowing the price to return to the long range target of...
Potential 1HR Accumulation for XAU/USD currently. I've inserted two positions, one has a risk reward of 1 : 3.16 and the other is 1 : 5.09 and targets the weekly high. We are also within a symmetrical triangle and have h=had our spring / manipulation from a previous demand zone.
2HR Imbalances within this 4HR so play is based off the 50%. The daily created more downside liquidity.
Unsure about this. However I have charted it up so I'm publishing it here for others to see and for me to check back on and analyse how it played out and what I can do to improve in future
This is the completed GBP/USD accumulation trade I previously charted and posted. Take profit 1.4000 achieved. This trade was a lot better risk reward than the previous GU trade which I entered too early and got stopped out of.
I can see a large 4HR Accumulation on "Cable" This is the Wychoff Accumulation 1 schematic. I have setup 2 different trades one targeting the initial break of the descending trendline and the other is targeting the previous weekly high.
I see a Wychoff Distribution Schematic no. 1 forming. I have setup 2 trades one is targeting the SOW area within the schematic and the second is a higher R:R trade of 1 : 6.3 targeting the previous 30M / Hourly support level. We'll see how it plays out
I have charted up what I believe to be a Wychoff Accumulation schematic number 4? However i'm unsure so just keeping a record of this.
I see a potential re-accumulation phase with NIO stock. The earnings release is on March 1st and is looking to be a postive one so this could be a great catalyst for the stock and fuel a push higher as projected on the chart. I see $45 as our absolute low where we must bounce. If we can accumulate at this price the stock will be in a great position.
XAUUSD Analysis and Levels no specified direction