BTC biasBTC is still bullish we are just facing a short term retracement before actual pump start
Follow for market update
Wait for 58k or 59k before considering going long
Choch
USDJPY Double Bottom | Long BiasOn day timeframe
FX:USDJPY has been happening reversal signal that's double bottom pattern but need to wait confirmation
On 4H timeframe
Some indecision candles is appeared so wait for confirmation to trade on lower timeframes
REFIXED !!! Wait for lower time frame change of character !.Hello everyone, hope we are all having a wonderful day !.
I still strongly believe price is going to continue its sell.
Wait for a change in character in M5 to M15 then wait for a retest after the CHOCH before selling...these are the confirmations i'm mainly looking forward to before risking my money.
Do not forget to use proper risk and money management if and when you decide to tag in for the sell.
USOIL - NEW BREAKOUT Hello Traders !
On Wednesday 21 August, The USOIL price reached a strong support level (70.65 - 71.50).
The Last Lower High is broken (Change of Character).
So, I expect a bullish move📈
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TARGET: 77.95🎯
A1+ setup, lets catch 100pips tomorrow while risking just 10pipsSwitch to a lower timeframe (M15/M39) to properly see the change of character with the breaker block that took the low. Price is now trying to push up to the order block which it should reject from then push down to give us our 100 pips setup which is highly probable considering this week is CPI !.
The stop is just 10 pips, look for entries before or during London session tomorrow.
Apply proper risk and money management !.
ETH Looking bearishLooking into ETH on weekly TF gave a bias of waiting for it at 1.2kish
I will advice to stay away from longing it for now
I will keep shorting it till it come to that entry
follow for long term update
GOLD - NEW BREAKOUT !Hello Traders !
On Thursday 25 July, The Gold price reached the support level (2359 - 2348) and failed to break it!
The last lower high is broken (Change of character).
So, I expect a bullish move 📈
_____________
TARGET: 2467.000🎯
DOW JONES - NEW BREAKOUT !Hello Traders !
On the daily time frame, The DOW JONES reached a strong support level (39765.00 - 40094.00) and failed to break it !
The last lower high is broken (Change of Character).
So, I expect a bullish move 🚀
______________
TARGET: 41250.00🎯
MY BIAS on BTCBTC already look bullish again after deep correction from previous pump and now we should be expecting an healthy correction to the bullish OB below on 4hrs TF
Follow for more update and trade setup
BTC behaves normally for onceFollow up to yesterday's post looking for a change of character (CHOCH) on the shorter timescales, having seen one on the Daily TF.
POWRUSDT | UP THIS WEEK!I’m feeling bullish about this week for crypto, and POWRUSDT is looking primed for an upward move. Here’s why:
Market Momentum
• ETH ETF Launch: With the ETH ETF trading this week, we’re expecting a ripple effect across the altcoin market. 🚀
• Crypto Sentiment: The market is buzzing with optimism, and altcoins like POWR could ride this wave.
Technical Setup
• CHoCH Formation: POWRUSDT recently created a Change of Character (CHoCH), signaling a potential reversal and bullish momentum. 📈
Strategy
I’m aiming for a solid 1.78:1 Risk-Reward ratio, which is quite promising given the current setup.
Action Plan
Long on POWRUSDT, leveraging the positive market sentiment and technical signals. With the ETF launch potentially sparking a broader market rally, this could be a golden opportunity.
Let’s ride the wave and see how high we can go! 🚀✨
Good luck, everyone!
ACE Long setupWait for entry on this and take a perfect long after entry mitigated or set an order as displayed on the chart analysis
Follow for more free trade and trade setup
USDCHF - NEW BREAKOUTHello Traders !
On the daily time frame, The USDCHF Reached a support level (0.89019 - 0.88396) and failed to break it !
Presently, The price Broke the lower high (Change of Character)
So, I expect a bullish move📈
___________
TARGET: 0.91270🎯
EURNZD - NEW BREAKOUT
After a Huge Bearish Move, The EURNZD Reached a strong support level (1.74700 - 1.73836).
Currently, The Last Lower high is broken (change of character)
So, I predict a bullish move📈
__________
TARGET: 1.76245🎯
AUDNZD - NEW BREAKOUT !Hello Traders !
The AUDNZD failed to create a new lower low !
The Lower high is broken (change of character).
So, I predict a bullish move🚀
____________
TARGET: 1.09345🎯
NATGAS - CHANGE OF CHARACTERHello Traders !
The NATGAS price failed to create a new lower low.
Currently, The last lower high (2.543 - 2.592) is broken (change of character)
So, I expect a bullish move📈
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TARGET: 2.728🎯
XAUUSD (GOLD) ANALYSIS BUY - ICT CONCEPT Here on gold price has been going down trend with it respect break of structure (BOS) and final was able to break the downtrend zone forming a Change of character (CHOCH) after then it continue to make new uptrend break of structure (BOS) and form an order block later retrace at same order block which mean is like to move up very big and this point going for LONG is needed and targeting profits should be around level of 2,409.842
NATURAL GAS - IMPORTANT BREAKOUT 📉Hello Traders !
The Natural Gas price failed to create a new higher high !
The higher low (2.543 - 2.570) is broken (change of character).
So, I predict a bearish move📉.
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TARGET: 2.230🎯
HOW TO TRADE CHOCH IN FOREX - SMART MONEY TRADERThe "Change of Character" (ChoCh) is a trading concept used to identify potential trend reversals in financial markets. It signifies a shift in market sentiment, such as from bullish to bearish or vice versa.
### Key Elements of ChoCh:
1. **Trend Breaks**: ChoCh occurs when a price trend fails to continue, such as not making a new lower low in a downtrend or a new higher high in an uptrend.
2. **Volume Spikes**: An unusual increase in trading volume accompanying a price movement can indicate a ChoCh.
3. **Candlestick Patterns**: Patterns like engulfing or doji candles can signal a shift in market sentiment.
### Trading Strategy:
1. **Identify Points of Interest (POIs)**: Use higher time frames to find significant levels like order blocks or support/resistance areas.
2. **Analyze Lower Time Frames**: Look for changes in trend around these POIs, using signs like price failing to break previous highs/lows.
3. **Entry Points**: Enter trades aggressively after a ChoCh is identified or conservatively after a return to the fair value gap created during the ChoCh.
4. **Stop-Loss and Take-Profit**: Set stop-loss orders just beyond reversal points and take-profit targets at next significant levels or using a fixed risk-reward ratio.
5. **Confirmation**: Use additional indicators like RSI or Moving Averages to confirm ChoCh signals.
ChoCh helps traders anticipate market reversals and make informed trading decisions across various markets, including forex, stocks, and cryptocurrencies.
EURCAD - NEW BREAKOUT 📉Hello Traders !
After a Huge Bullish Move, The EURCAD Reached a Strong Resistance Level (1.47460 - 1.47800) and Failed To Break it !
At The Moment, The Higher Low is Broken (Change of Character).
So, I Predict a Bearish Move📉
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TARGET: 1.46665🎯
NZDJPY - Change of Character 🚀Hello Traders !
The NZDJPY Failed To Break The Support Level (90.806 - 90.516).
The Price Broke The Last Lower High (ChoCh).
So, I Predict a Bullish Move📈.
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TARGET: 93.250🎯
BTC ShortBTC look good to short from bearish OB above
Wait patiently for it and take a short from there
Follow for more market update and trade setup
NZDCHF - Change of Character 📈Hi Traders !
On Tuesday 16 April, The NZDCHF Reached The Support Level (0.53688 - 0.53442).
The Price Broke The Last Lower High (Choch).
So, I Predict a Bullish Move 📈.
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TARGET: 0.54520🎯
