XAUUSD 10/23/24💡
🔍 Daily time frame: Price is currently over extended.
Bias: Neutral, waiting for price to correct into the 10/20emas.
Fractal
US30 10/23/24💡
🔍 Daily time frame impulse: Price has made an impulse above the 10/20emas
🔍 Daily time frame correction: Price has corrected into the 10/20emas.
⌛ I will be waiting for the 4hr time frame to make a impulse and show a valid impulse above the 10/20emas as well as a correction into the 10/20emas just like the Daily has showed.
Bias: Bullish
NAS100 10/23/24💡
🔍 Daily time frame impulse: Price has made an impulse above the 10/20emas
🔍 Daily time frame correction: Price has corrected into the 10/20emas.
⌛ I will be waiting for the 4hr time frame to make a impulse and show a valid impulse above the 10/20emas as well as a correction into the 10/20emas just like the Daily has showed.
Bias: Bullish
BTC analysis in RTM languageThe picture clearly shows the analysis and there is no need for further explanation...
DXY SELL OFF INBOUNDThe last twice DXY pushed through closed above and failed to stay above the downwards trend.
Dxy is now at the Downwards trend again.
Forecasting The same as the last two attempts with a major DXY sell off
Read The XAUUSD MarketLet's Looking at XAUUSD Price Actions and find the Last Places that BIG Orders are Executed in there, Good Luck With Your Trades <3
Read The GBPUSD MarketLet's Looking at GBPUSD Price Actions and find the Last Places that BIG Orders are Executed in there, Good Luck With Your Trades <3
Read The EURUSD Market Part.2Let's Looking at EURUSD Price Actions and find the Last Places that BIG Orders are Executed in there, Good Luck With Your Trades <3
Read The EURUSD Market Part.1Let's Looking at EURUSD Price Actions and find the Last Places that BIG Orders are Executed in there, Good Luck With Your Trades <3
SLPusdt . Tecnicall analysis Based on Fibonacci data and trend line break, this currency can grow well.
USOIL: Multi-Timeframe Analysis | Strong Setup FormingI've been looking at various markets recently, and USOIL really stood out to me. I want to share how I analyze markets using a mechanical top-down approach across all timeframes to form my trading bias.
Top-Down Analysis:
This method is crucial in my trading strategy. It helps me stay objective by focusing on what the market is indicating regarding trends and key levels, rather than letting my personal opinions cloud my judgment.
By adopting a systematic approach, I've been able to reduce doubts and fears in my trading decisions.
Now, let's dive into the top-down analysis process.
12M:
2W:
6H:
Respecting 1HR FVGOne hour FVG is respected.
if the nifty stops falling and bank nifty will make MSS.
Then can give good move.
NOTE: I do my analysis, do yours before trade.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Signal for CAKESignal for CAKE/USDT 🎯
Entry Point (Buy):
📉 1.912 - 1.930
This is the suggested buy range based on support and the ascending channel.
Take Profit Targets (TP):
🎯 TP-1: 1.929
🎯 TP-2: 1.952
🎯 TP-3: 1.974
🎯 TP-4: 2.000
Stop Loss (SL):
❌ 1.895
If the price breaks below this level, it's recommended to close the position.
🚀 Summary:
The price is in an uptrend inside an ascending channel, and entry at the current support levels could lead to potential profit if the targets are hit. If the support fails, the stop loss will limit the downside risk.
Why EURUSD is Plummeting and How You Can Take Advantage of ItI am adopting a bearish bias on EUR/USD and will leverage probabilities derived from statistical and historical data to position myself for short trades.
By analyzing past market trends and current economic indicators, I aim to make informed decisions that enhance my trading success.
Key Fundamentals Supporting a Bearish Outlook:
- Interest Rate Differentials: The U.S. Federal Reserve is likely to maintain higher interest rates, which strengthens the USD against the EUR, especially as the European Central Bank (ECB) may consider rate cuts in response to economic challenges.
- Economic Performance: Recent economic data indicates that the Eurozone is facing significant headwinds, with disappointing growth figures that negatively impact market sentiment.
- Market Sentiment: Current market sentiment leans bearish towards the euro, with many traders already positioned short. This collective positioning could lead to further downward pressure on the EUR/USD pair.
These elements provide a solid foundation for my bearish outlook, making it an opportune moment to enter short positions.
1W:
HOURLY ENTRY:
If you require additional clarification, or wish to share your thoughts, don’t hesitate to drop a comment below!
BTC 10/21/24💡
🔍 5hr time frame: Price is currently over extended.
Bias: Neutral, waiting for price to correct into the 10/20emas.
US30 10/21/24💡
🔍 5hr time frame: Price is currently over extended.
Bias: Neutral, waiting for price to correct into the 10/20emas.
XAUUSD 10/21/24💡
🔍 5hr time frame: Price is currently over extended.
Bias: Neutral, waiting for price to correct into the 10/20emas.
NAS100 10/21/24💡
🔍 5hr time frame impulse: Price has made an impulse above the 10/20emas.
🔍 5hr time frame correction: Price has corrected into the 10/20emas.
⌛ I will be waiting for the 30m time frame to make a impulse and show a valid impulse above the 10/20emas as well as a correction into the 10/20emas just like the 5hr has showed.
Bias: Bullish
GBPUSD ScenariosToday, we will analyze GBPUSD
Specific explanations are provided for each zone and movement on the chart. If you have any opinions, feel free to share them in the comments section.
Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.
19-Oct-24Since seeing the bullish rejection on 11-Oct, I have been expecting price to break down on this level to access this liquidity pool (orange magnet).
Despite this bearish outlook, price has continued to squeeze shorts.
Once the weak handed shorts are squeezed out, I think that uptrend will end, allowing price to fall down to breach into the liquidity pool at the orange magnet.
We could then expect a bounce back to the lower third of price action.
AUDUSD Back to Its Bullish Trend? AUDUSD has exhibited a strong bullish trend since finding support at 0.635. After hunting a major liquidity zone around 0.69, the price experienced a bearish correction. However, from a higher timeframe perspective, the trend remains bullish. This suggests that reactions to demand zones might be more pronounced compared to supply zones.
Recently, AUDUSD displayed a strong reaction to a key support level on its higher timeframes, even with a countervailing trend in the DXY (US Dollar Index). This reinforces the significance of this support level.
Considering the strength of the higher timeframe trend, opening buy positions within lower timeframe supply zones presents a potentially attractive opportunity, especially for traders seeking high risk reward (R:R) setups (However, this approach differs from my own trading strategy)
Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.
ALGOUSD LONGMonthly Bullish break and close and pullback completed
Weekly Bullish break and close and pullback completed
Daily Bullish break and close and pullback completed
I now forecast Bullish upwards momentum, If this does not take place, Expect complete failure and price to stab through the Lows.
I for one am Certainly Bullish ALGO
