MARKET SENTIMENT
The market is cooking up a big move right now — if the price breaks above 3,022 with volume, that’ll be the ignition point for an explosive move.
But if it fails, it’ll drop to eat stop losses below 2,995, then bounce back up sneaky-style.
Do NOT short blindly today. Liquidity being loaded from below. Only trap shorts get baited here.
STRATEGY FOR WEDNESDAY, APRIL 9:
✅ PRIMARY TRADE SETUP (SCALP TO SWING LONG):
Type: Buy Stop
Entry: $3,023 (Above confluence breakout zone)
SL: $3,008 (Below PVT/Fib cluster)
TP1: $3,046 (1H high + Fib 100%)
TP2: $3,076 (1D Fib 50% + DynaR RES 5)
TP3: $3,102 *(1D Fib 61.8%)
Confidence: 85%
Justification:
• Bullish divergence building
• RSI rising across all frames
• Breakout above $3,022 = trigger for expansion
• Volume still low = pre-move stealth accumulation
⚠️ SECONDARY SETUP (FAKEOUT WATCH):
If price fails at $3,022 and dumps, watch $2,985–$2,995 zone for wick + VSA signal
Type: Buy Limit
Entry: $2,995
SL: $2,980
TP1: $3,015
TP2: $3,045
Confidence: 70%
////////======//////
MULTI-TIMEFRAME SNAPSHOT
⸻
1D (Macro):
• Down move exhausted around $2,956–$2,970
• Key Zone Reclaimed: $3,000 psychological level + Fib 23.6% = buyers defending
• RSI: 50.86 → Turning bullish
• FIB RESISTANCE ZONES:
• $3,017.71 (Fib 23.6%)
• $3,049.94 (Fib 38.2%)
• $3,076.00 (Fib 50%) = main magnet
• Volume MA: 747K > Current Vol = low volume = accumulation phase
📌 Bias: Consolidation bottoming – next move is likely impulsive if $3,020 flips support.
⸻
4H CHART:
• Bullish engulfing printed
• RSI: 42.05 climbing
• Key Resistance Cluster: $3,019–$3,022 (Fib 78.6%, Pivot, and RES 2–4)
• Support Cluster: $2,985–$2,995 = institutional demand box
📌 Bias: If $3,022 breaks → clear run to $3,046 and then $3,076.
⸻
1H CHART:
• Break above $3,008 confirmed, retest held.
• RSI: 56.72 = entering bullish momentum
• ADX: DI+ > DI− = early bull pressure
• Bullish Box Range: $3,002 → $3,023
• Danger Zone Below: $2,985–$2,995 (support cluster)
📌 Bias: Price forming launchpad above $3,008–$3,010
If we see a push above $3,022 with volume, expect vertical acceleration.
⸻
15M CHART:
• Tight consolidation above support $3,008
• RSI: 63.86 (LTF bullish)
• ADX: DI+ crossing strongly, momentum building
• Cluster of Resistance Levels: $3,015, $3,019, $3,022 → these are stop-hunt zones
📌 Bias: This is a squeeze box — price is compressing for breakout.
The market is cooking up a big move right now — if the price breaks above 3,022 with volume, that’ll be the ignition point for an explosive move.
But if it fails, it’ll drop to eat stop losses below 2,995, then bounce back up sneaky-style.
Do NOT short blindly today. Liquidity being loaded from below. Only trap shorts get baited here.
STRATEGY FOR WEDNESDAY, APRIL 9:
✅ PRIMARY TRADE SETUP (SCALP TO SWING LONG):
Type: Buy Stop
Entry: $3,023 (Above confluence breakout zone)
SL: $3,008 (Below PVT/Fib cluster)
TP1: $3,046 (1H high + Fib 100%)
TP2: $3,076 (1D Fib 50% + DynaR RES 5)
TP3: $3,102 *(1D Fib 61.8%)
Confidence: 85%
Justification:
• Bullish divergence building
• RSI rising across all frames
• Breakout above $3,022 = trigger for expansion
• Volume still low = pre-move stealth accumulation
⚠️ SECONDARY SETUP (FAKEOUT WATCH):
If price fails at $3,022 and dumps, watch $2,985–$2,995 zone for wick + VSA signal
Type: Buy Limit
Entry: $2,995
SL: $2,980
TP1: $3,015
TP2: $3,045
Confidence: 70%
////////======//////
MULTI-TIMEFRAME SNAPSHOT
⸻
1D (Macro):
• Down move exhausted around $2,956–$2,970
• Key Zone Reclaimed: $3,000 psychological level + Fib 23.6% = buyers defending
• RSI: 50.86 → Turning bullish
• FIB RESISTANCE ZONES:
• $3,017.71 (Fib 23.6%)
• $3,049.94 (Fib 38.2%)
• $3,076.00 (Fib 50%) = main magnet
• Volume MA: 747K > Current Vol = low volume = accumulation phase
📌 Bias: Consolidation bottoming – next move is likely impulsive if $3,020 flips support.
⸻
4H CHART:
• Bullish engulfing printed
• RSI: 42.05 climbing
• Key Resistance Cluster: $3,019–$3,022 (Fib 78.6%, Pivot, and RES 2–4)
• Support Cluster: $2,985–$2,995 = institutional demand box
📌 Bias: If $3,022 breaks → clear run to $3,046 and then $3,076.
⸻
1H CHART:
• Break above $3,008 confirmed, retest held.
• RSI: 56.72 = entering bullish momentum
• ADX: DI+ > DI− = early bull pressure
• Bullish Box Range: $3,002 → $3,023
• Danger Zone Below: $2,985–$2,995 (support cluster)
📌 Bias: Price forming launchpad above $3,008–$3,010
If we see a push above $3,022 with volume, expect vertical acceleration.
⸻
15M CHART:
• Tight consolidation above support $3,008
• RSI: 63.86 (LTF bullish)
• ADX: DI+ crossing strongly, momentum building
• Cluster of Resistance Levels: $3,015, $3,019, $3,022 → these are stop-hunt zones
📌 Bias: This is a squeeze box — price is compressing for breakout.
Mohamed
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Mohamed
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.