stevenvannes

stevenvannes

In my opinion, GOLD is still on the bearish structure and will likely form a LL until it reaches major support around 1900-1910 (Daily Support). On the chart, I see that there are 2 possibilities for GOLD tomorrow.

stevenvannes

As we can see that XAUUSD movement has been bearish for a couple of weeks which in my opinion GOLD needs to sweep the liquidity in (1H OB) 1952-1956 and (D OB) 2007-2022 to continue its bearish trend whereas if GOLD gave us a solid break in 2017 it would have a potential to continue its bullish trend.

stevenvannes

Liquidity had been swept and now retesting the fair value gap which shows us of a signal for a short entry.

stevenvannes

QM Setup on a Daily TF which means that it will come back up to the Supply Area before going back down.

stevenvannes

Break of Rising Wedge, QM Setup, False breakout from the trendline. I was predicting that BNB will come back to the supply zone first before coming back down which means that we can find a good short entry position.

stevenvannes

Recently BTC price has dropped breaking the 1D major support, we need to wait for a retest to confirm that this support is strong and could enter a position after a confirmation has appeared. $27000-$27300 could be a consideration for a short position because there are a 1D supply zone and major support.

stevenvannes

In this short time, BTC will make a minor upward correction to $28350-$28500 (supply zone) before pushing back down to $24000-$25000 (demand zone) which means that we can assume that the price will reject that supply zone with 0.5 fib retracements and retest the symmetrical triangle pattern. This confluence shows a confirmation of bear signals which means that...