There is a FVG around 0.58020, and am expecting the market to grab liquidity around that area, and then bounce back to 0.58550 region. My analysis is based on Smart money concepts, looking at the 15 Min chart, there is a lot of liquidity around 0.58280 , that liquidity must be swept by the price pushing the price higher to the unmitigated zone at around 0.58550
Based on SMC, The price will have to clear all the liquidity sitting on the ascending trendline, and this means that in the next few hours GBPUSD will be bearish towards 1.26456 sh region.
Gold spot is on a bearing spot, and after a retracement and mitigation of a premium zone on 5m chart, am expecting the price to go back to 1903
The gold spot has broken a trend line and retested it. This is a clear indication of a trend reversal, I am expecting it to drop as indicated.
EURUSD has broken a support zone, and now retesting it on lower time frames. I am looking for a short position once there is a clear rejection.
The price has bounced off an area of interest, a resistance zone which previously acted as support, and am expecting the price to break the bearish flag towards the demand zone, 0.655 region
GBPUSD seems to have resumed the down trend. it has broken a trendline on H1, and done some correction, am expecting a sharp drop up to around 1.16500 area
The gold Spot has broken an ascending trend line. Retested it, and formed a bearish flag, the flag has been broken thus confirming my sell bias. I will sell gold towards 1720 region
The gold spot has approached an area of value, it has been rejected by an ascending trendline, this is after breaking a consolidation zone, There has been a significant market shift on this precious metal, has the price has already created an imbalance , and a fair value gap of H1, thus validating a long position towards he previous higher high
The pound Vs Us Dollar is on a Medium bullish trend, the price has broken out of a consolidation zone on 15 min chart, and retested the imbalance zone, thus am speculating that the price will continue pushing upwards past the previous higher high
NZDCHF has broken a consolidation zone on 15 Min chart, the price has retested the zone, and I am anticipating for the price to continue pushing upwards towards the previous lower high
The gold spot has broken a consolidation zone on 15 min chart, on the upper side, upon retesting and bouncing off the upper support zone, which previously acted as a resistance , am anticipating for the price to continue going up, past the previous higher high
NZDUSD, has broken a descending trendline on H4, and am anticipating the price to push upwards towards the previous resistance zone
GBPUSD has approached a liquidity zone, then bounced off it, and created a clear sign of change in the market structure
CADJPY, is in a liquidity zone, and am expecting the price to push upwards to the 105.990 zone which is an area of value.
Hello fellow traders! This is my take on GBPUSD. The pair is on a solid Uptrend at the moment. It seems that it is gaining and the downtrend is reversing probably to retest the monthly and weekly support that was previously broken. ON H1, GBPUSD is on a descending channel, the price has just bounced off the lower trendline, and thus am anticipating the price to...
EURUSD has been consolidating and in the process formed a double top. The price has breached the neckline of the double top, and thus am speculating that the price will continue to fall towards the 0.98860 area. My strategy,has allowed for a shot entry.
XAUUSD Should buy towards 1765 region. It has been printing higher highs and higher lows on H1, and H4 time frames. On D1, the Gold spot has printed a double bottom, which confirms my bullish bias. I expect this bias to be backed up by economic data for it to be realized within the course of this week