Btmm
Bullish top down analysis price react in daily 0n 200 ema . so looking in h1 entry with many patterns and confluence . so waiting for price break strong zone and retest 200 ema with seeing stop hunt . sessional tendency is also eur is Bullish till august . also looking daily for swing low form on monday or tuesday .
GBPCHF analysis using BTMM and ICTThis is one of the most controversial pairs in the market in terms of the BTMM. I am saying this because it never even moved a level for us to get a reversal entry. if look from Monday, it has been resetting since then. We are only looking at getting a return move to the last week's low for us to go long
GOLD about to MELT? : 15 min SETUPI posted an idea/analysis of Gold sells last week and it didn't come to fruition but now the signal has presented itself, im looking to short this pair down to 1770-1760. off a possible double top formation AND completion of the market maker cycly. 1:7 TRADE LETS GO.
A CORRECTION ON THE HORIZON FOR XAUUSD 4H
I BELIEVE WE'LL SEE A CORRECTION ON THIS PAIR. GOLD. AND WE'LL SEE SIMILAR CORRECTION OTHER USD PAIRS THAT DROPPED LAST WEEK. GBPUSD, EURUSD, NZDUSD ETC. I'M LOOKING AT A CORRECTIVE STRUCTURE TOWARDS 1844 THEN A DROP PAST THE LOW THAT FORMS AS ILLUSTRATED IN ORDER TO COMPLETE THE MARKET MAKER MACRO CYCLE. ONCE ONE HAS MASTERED THE MM CYCLE YOU CAN TRADE BOTH WAYS WITHOUT FEAR #BTMM #BAALPERAZIMFX #BULLYSEASON #GODISGREAT
Classic BTMM weekly cycle?The classic forex-like behaviour of BTC this week seems to continue playing out.
Sunday/Monday: stop hunt rise and drop
Monday: false move week beginning, a drop lower
Late Monday to early Wednesday: continuous rise with small level test above / at Sunday stop hunt
Early Wednesday: midweek reversal, top of the pattern
Mid Thursday: second leg of the M
Thursday/Friday: completion of the M, drop into level 1
Early Friday: continuation to the downside, level 2 and level 3 to be confirmed
Should this play out, it also fits within a Wyckoff accumulation pattern on the daily, with the Secondary Test (the Monday stop hunt) being broken and a new low printed before a rise to test the high of the Automatic Reaction level at 40k-41k.
Scary stuff.
Gold Bullish run update.
Following our successful entry and Target hit, we see another opportunity for the bullish run continuation.
Caution because pair is currently gathering more sell orders to trap retail seller.
Expect aggressive stop hunts to the downside, but based on probabilities we are bullish until further price action
GBPJPYFollowing the sell-off the happened yesterday, a possible reverse trend opportunity has presented itself.
This pair is currently in its pull back after a big drop phase, a possible sell entry at tomorrows top side to continue the sell run or if the channel does not hold, we can see him turning the trend around into buyers territory.