GBPJPY Analysis (10th April 2024)
Market Analysis PT1/2 (9th April 2024)
GBPJPY Analysis
On the daily timeframe, Price action has created a daily fair Value Gap. Since the over trend is bullish after creating a bullish Change of Character and a BOS to the upside, I am primarily looking for Longs.
What i want to see price action do is to come into the daily Bullish Fair Value Gap and reject off it, creating a 15 minute/1 hour bullish Change of Character. This will tell me that price action is still bullish and we can continue looking for longs in alignment with the daily timeframe price action.
Ideally price should come and tap into the 1 hour Bullish Orderblock where we can look for potential longs as an added confluence.
Remember to Risk less when trading this Tomorrow as there is CPI and FOMC Minutes coming up so there will be increased volatility in the markets.
Forexanalysis
Xauusd analysis is ready to target 🎯🎯traders Gold price is ready to fly
My dear subscribers
My technical analysis is for Gold below
The price is coming around a solid key
Level 2356
Now Xauusd market 2356
Support zone 2345
Target zone. 2415
Bis_ Bullish
Technical indicators Pivot point low
anticipates a potential price reversal
Super trend shows a clear buy giving a
Perfect indicators convergence perfect
Indicators convergence
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USDCAD Analysis (8th April 2024)
Market Analysis PT2/2 (8th April 2024)
USDCAD Analysis
On the daily timeframe, Price action has rejected of a resistance of the Daily William Certified Range(WCR). This can be seen clearer on the 1 hour timeframe.
On the 1 hour Timeframe, we have created a Sharp rejection off the Daily support, which created a bearish 1 hour Fair Value Gap in the process.
Should price continue to Respect this WCR, i would look for price to reject off this 1 hour Fair Value Gap before creating a 5/15 minute Change of Character before looking for shorts.
GBPJPY Analysis (8th April 2024)
Market Analysis PT1/2 (8th April 2024)
GBPJPY Analysis
1 hour timeframe, Price action has created a very bullish push to the upside after retesting the Bullish orderblock, creating another BOS to the upside. In the process, price action has created a bullish FVG on the 1 hour as well.
There are 2 main scenarios i am looking out for later on in the London Session.
1. Price rejects off the fvg and creates a 5 minute Change of Character to continue bullish. Only then will i be interested to look for longs.
2. Price action fails to hold the bullish FVG and retraces deeper into a 1 hour OB. This is where i will be alittle more cautious of buys but its still possible if it gives us a 15 minute bullish Change of Character to show us that the lower timeframe orderflow is shifting bullish.
EURUSD Analysis (5th April 2024)
EURUSD Analysis
On the weekly timeframe price action has just rejected off a weekly bearish Fair Value gap.
This rejection created a 4 hour Change of character which indicated potential retracements after a bullish run on EURUSD.
On the 1 hour timeframe, we can see that price action has created a very neat balance price range coupled with a bearish Fair Value gap that we can look to take shorts from.
What i want to see is Asian/London session to create a pull back into either one of this zones, before i look for a 15 minute Change of Character to look for shorts to fill the clean candles on the left.
GBPJPY uptrend possible move 🎯🎯GBPJPY uptrend possible move
Gbpjpy price trend to continue up trend during session
It is expected that price will continue in the buy trend
And can approach the price range of 190.420
Target zone 192.380
Note:
Always wish you to manage your capital safe
Take small lots of which suits your capital
The winner is the one who sticks with the market
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Don't Miss Out: XAUUSD Sell Opportunity Ahead!Are you ready to seize the potential gains in the XAUUSD market? Dive into this comprehensive analysis for a detailed insight into the next big move. I have identified a prime opportunity for traders looking to capitalize on the fluctuations in the XAUUSD pair.
Analysis:
Entry: 2223
Take Profit: 2210
Stop Loss: 2230
My analysis indicates a compelling setup for a profitable trade. By strategically placing your entry, take profit, and stop loss levels, you can maximize your potential returns while minimizing risks. Stay ahead of the curve and make informed decisions in the dynamic XAUUSD market.
Technical Analysis:
XAUUSD technicaly retested it's orevious high with a closing bearish candle that indicates we can easily make some amazing profits here.
Key Insights:
We are trading with a very short sl and 100+ pips tp so if we make this profitable like our other trades so we can make an amaizng profit by catching rhis trade.
Whether you're a seasoned trader or just starting out, this XAUUSD opportunity shouldn't be overlooked. Don't let this chance slip away – act now and position yourself for success in the forex market!
GBPJPY Bullish Heist Plan Long SideHELLO LOOTERS,
This is our master plan to Heist Bullish side of GBP/jpy Market. Guys U can enter at any points, Our target is 1 and 2 Red Zone. Day Robbers loot and escape end of the day in this market, Swing Robbers can stay with us We can escape near the Highly Danger Target 2 area.
USD/JPY Looking an MMBM.In this analysis i am looking for an MMBM after the Daily FVG (Inter Range Liquidity) achieved, thus finishing the MMSM. Now the main thing is to refine the entry point so that we are not poorly positioned to seek a higher RR until the next Buyside Liquidity(External Range Liquidity).
All analysis was done based on ICT concepts.
THE KOG REPORT THE KOG REPORT:
In last week’s KOG Report we said we would be looking for the support level of 2145-7 to be attempted and if held we felt that region would represent an opportunity to long the market using KOG’s daily bias levels and the levels on the chart. We said we would be looking for 2165-7 and in extension of the move into 2175 which were both completed. We then released the FOMC KOG Report, giving the level of 2180-5 as a RIP region, which gave us a good capture short, and then suggested that the break of 2175 could lead us into extreme levels 2210 which was highlighted. As you can see, the FOMC move tapped into the higher region and slightly higher, before a reaction in price with a huge rejection. We managed to trade the long into key levels, missed the all time high as it was overnight, and then captured a nice short as well. Tracked and traded up and down using our red box strategy, indicator and of course Excalibur.
A great week on not only Gold, but we hit our all time high targets on US30, NAS100 and DAX ending a phenomenal week in Camelot.
So, what can we expect in the week ahead?
It’s the last week of the month and Friday is the last day, so expect there to be some aggressive movement, whipsawing and choppy price action. We can already see profit taking from the highs, what we want to see if they are going to try and retest that high, or as institutions usually do, continue the move in the intended direction.
This week we’re sticking to a similar plan from last week, but hopefully without the extreme movement. We have the higher resistance level now at 2175-80 with extension of 2193-5, which was our bearish below bias level and as long as we stay below this level, if attempted, we will be looking to hold any short trades further down into the 2155, 2150 and below that 2147 regions initially. If the move down continues, we would expect a RIP around the 2135-40 region giving an opportunity to capture the scalps back up. The 2155-50 is the hurdle, if we can flip this level the move down will give us more confidence in lower pricing.
Please note – Breaking above 2175 and holding will flip us again, and we’re likely to go and test that high. It has to be traded day by day at the moment unless you’re holding trades from key levels above or below.
In summary:
Move up into resistance, as long as it holds we’ll look to take this down further into the levels given. Move down, we’ll level to level trade it, holding anything from above and look for bounces for the scalps long. It’s looking like we may see some gaps on opening, so please be careful.
KOG’s Bias for the week:
Bearish below 2175 with targets below 2145
Bullish on break of 2175 with targets above 2183 and above that 2195
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
USDJPY is Ready to GO UP by Symmetrical Triangle Pattern🚀🏃♂️ USDJPY is moving near the 🟡 Potential Reversal Zone(PRZ)(147.520 JPY-147.318 JPY) 🟡.
✅It also seems that USDJPY has succeeded in forming a Symmetrical Triangle Pattern .
📚 What is a Symmetrical Triangle❗️❓
🔸 The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended and the symmetrical triangle takes shape.
🔔I expect USDJPY to rise to at least the 🔴 Resistance zone(148.930 JPY-148.520 JPY) 🔴 after breaking the upper line of the triangle .
U.S.Dollar/Japanese Yen Analyze ( USDJPY ), 1-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Audnzd Short Trade Setup SELL TradeYou can see Good Retest Resistance level On Audnzd Chart Now
Here you can Sell it with Tight stop 60 70 Pips
and for the target you can hold this trade for 120-150 Pips
after Weekly and Daily breakout now 80% sure our this trade will go for the short direction and our target will be met soon
GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
Once again we saw price range between the two structures. The retracement range is holding well with another retest bounce from the retracement range into 2036.
As part of our plans, we used the support areas to buy dips perfectly inline with the levels. As stated yesterday market is ranging and leaving gaps both ways with 2020, 2016 bearish gaps open below and 2044 Bullish target open above.
We remain Bullish and will continue to buy dips using the gaps below to ride up from support zones confirmed with our algo.
We just need to keep in mind the range has now extended into the swing range when managing exposure against the range when buying dips and taking exits level to level rather than holding all the way.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2036 - DONE
EMA5 CROSS AND LOCK ABOVE 2036 WILL OPEN THE FOLLOWING BULLISH TARGET
2044
2048
EMA5 CROSS AND LOCK ABOVE 2048 WILL OPEN THE FOLLOWING BULLISH TARGET
2055
BEARISH TARGETS
2030 - DONE
2025 - DONE
EMA5 CROSS AND LOCK BELOW 2030 WILL OPEN THE SWING RANGE
SWING RANGE
2016 - 2010
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
Mr Gold
GoldViewFX