on hourly trend price has changed the trend and following lower low and lower high after a recent bos price is likely to make pullback and this idea is about trading that pullback and going counter trend we can see price at 0.91500 can get rejection as it has a bearish order block or the price and go little further at 0.91650 rejection another bearish order...
On the monthly chart of XAU/USD, a classic Cup and Handle formation has developed, with a significant breakout occurring on March 1, 2024. Following this breakout, the price rallied by approximately 24.62%. To project future price targets, I employed a method of measuring the depth of the cup and adding it to the breakout level. This calculation resulted in a...
after the break of inverted flag on aud nzd price is likely to pullback and get sell order from 1.1000 if this pullback is validate and we see exact rejection on this round figure the fig projection shows that it will go further down till 1.06800 levels 1.1100 can be safe stop loss its like a swing trading
the zone from - 0.67986 to 0.67542 is the bear POI on the daily chart last three candle are interesting if we moved to 1h time frame we can be a CHOC has occurred and price is likely to pullback near the fresh bearish fvg and again we can see another down side pressure and opportunity to short @ 0.67300 sl will recent high and target can be Trailed upto 0.6400
101.700 - 100.600 is the demand zone on weekly time TF price has pierce down in the demand zone to its mid's the last 4 days of downfall was sharp that it has left only one resistance that could be noted on 103.250 what are the sign to start building long >>> * just on the top of demand zone we have a daily bearish fvg marked (in red) if we have any coming...
firstly we had an fvg from monthly chart where jul month candle has retested it on the following lower time frames we can se price first trapped the early long players and came upto the mid line of fvg the three candle as red impulse to down side then a doji followed by green big bar is sight indication of long build up if so, the current running candle can...
firstly we had an fvg from monthly chart where jul month candle has retested it on the following lower time frames we can se price first trapped the early long players and came upto the mid line of fvg the three candle as red impulse to down side then a doji followed by green big bar is sight indication of long build up if so, the current running candle can...
the level of 151.940 should act as demand or support zone it was a resistance level from the monthly time frame where in the price just recently retested the level the area of 152.750 to 151.940 seems to be the longs area so i suggest to wait for price to retrace back to demand zone (aligned with DXY) and then plan the trade further updates will be posted in...
we have drawn some high lows of weekly and monthly swings after that, we have spotted a chart pattern on 4h of DXY indicating it was head and shoulder (incomplete) although the idea was the left shoulder of the pattern is bigger and on the right shoulder it will be shorter than the left shoulder neckline comes at 104.510 first target will be 104.900 which is...
CMP the price at eth is going side ways incase the price starts making lower low and lower high on daily time frame, then follow the structure and wait for change of trend at the zone of 3000 where we have a order block and we can if we see impulsive move towards it will be target for 4250
previously - we got stopped out but on the higher time frame we are following the flag or the descending channel where currently price has tested the lower trend line leaving a wick showing signs of rejections still its early to judge avoid fresh shorts 59400 - 59375 is imp to see how price reacts to this fvg further updates in the comments follow for more
gold was hovering in the triangle pattern @ 1hr chart then we had a breakout and sharp upside as the middle range of the pattern is projected as the target level and we can see price has taken a U turn from the area which had a refined fvg now the price is back to the area where buyer earlier accumulated we have the low of 2287 above this zone price will safe...
btc has arrived on out levels POI + FVG liquidity sweep and forming bullish candle entry 60,300, target 62690 and sl below the marabozu candle 59390 as i have marked this two dots on the double top price likely retrace back to them from the fvg demand zone if we draw early fib from top to bottom we get 0.7 on the same level of our target
the bull run on silver looks almost over and the consolidation to corrective phase (ABC) is under way we have the projection of price falling to the 86000 to 82000 zone which is almost (2-6%) will update more information the price action progress
so finally we have a breakout on audusd from daily trinagle pattern as well as the consolidation from 1h we have marked after the impulsive upside we have bullish fvg, it will be our entry point and sl will be as shown in chart below the pattern range so buy = 0.66913 , tr 0.67720 , sl 0.66652 this setup looks strong as the price has made a nice...
recap previously we had good long trade almost capturing 75pip with good RR then at the resistance i tried to scalp a short trade i got stopped out in the trade with small stop loss currently as the price is moving seems like it will be consolidating or going sideways we will stay out of the trade and wait for the either side impulse reaction
so this analysis is based on high time frame weekly 1) so i identified a CUP & HANDLE pattern, the range for the cup size is from 127.50 to 151.946 2) Handle range from 140.188 to 151.946 so the target projected based on size of pattern 1st target = 163.513 2nd target = 176.392 last three weeks has a price action of three soldiers which has left behind...
Until the price is below 7000 mark we cant say oil has turned bullish there is volume imbalance and bearish fvg on daily time frame around 6887 to 6771 where there is high probability price to get reject those who are in long trade before try to trail your stop and those who are looking for fresh long AVOID !!