Here I have AUD/USD on the 4Hr Chart! Price is now using the "Neckline" or Support of the failed Head & Shoulders the Bears were unable to finish, and pushing Higher breaking through the Falling Resistance created by the Highs of the "Head" and "Right Shoulder". Now I believe with an on-going Rate Cut cycle about to begin for the Federal Reserve, we will start...
I strongly believe silver is set for a major rally in the coming months. To begin, I'm entering this swing trade with 12 key arguments I've identified, where 90% are bullish and only one is bearish. Bullish Arguments: Monthly PCH being disrespected Monthly PCL being disrespected Weekly swing low not respected Weekly Bullish FVG being respected Daily...
Bitcoin’s Bullish Momentum is Losing Ground—60% Bullish vs. 40% Bearish Probability The bullish case for Bitcoin has weakened slightly due to several conflicting signals across different timeframes. Here's the breakdown: Bullish Factors: 🚫 Monthly PCL disrespected ✅ Monthly Bullish FVG respected 🚫 Weekly swing low disrespected ✅ Weekly Bullish FVG...
Bearish Probabilities for USD/NOK: 88.89% 📉 Bearish arguments: - Monthly PCH respected. - Weekly FVG respected. - Weekly swing high swept. - Daily PCL disrespected. - Daily swing low disrespected. - Daily bullish FVG disrespected. - 4H FVG respected. - 4H swing low disrespected. - 4H swing high respected. 📈 Only one bullish argument: - Monthly PCL...
5 Bullish arguments for BTC: - Bullish FVG weekly being respected - Swing low being respected - 3rd candle did not close above the 2nd candle high - Pull back into the FVG - Bullish FVG being respected so far Trade Management: SL placed below the swing low, TP at the intermediate high. Capital Risk: 1% R/R: 2.43
Possible Momentum in ETH – 6 Bullish Arguments: 1️⃣ Swing low is holding. 2️⃣ Liquidity sweep below the swing low. 3️⃣ Discount Array Weekly 4️⃣ Bearish FVG disrespected. 5️⃣ Wick from the previous day still respected today. 6️⃣ Bullish FVG 1H respected Trade Management: The key focus is on how the weekly candle closes, so my stop-loss is placed...
So, my current analysis is built around a bullish bias on this chart. I’ve identified a few key elements that are lining up to potentially signal a strong move upward: Bullish Block Breaker: First, I've identified a bullish block breaker. This occurred when the price broke above a significant resistance level, indicating a shift in market sentiment from bearish...
It’s not just about the thrill of nailing a setup and making profits. It’s also about recognizing when an asset has you emotionally trapped, even when there’s no solid argument for your position. Here’s a lesson from my own experience: After making a huge trade on gold ( ) , I became fixated on the idea that it would keep falling, completely ignoring the market...
For tomorrow, the resistance areas are: 2524 and 2521. The support area we're finding on the M30 is at 2507-2505. These levels will perform tomorrow, and we should also keep an eye on geopolitical events. Additionally, tomorrow we have (PPI) news affecting us.
Gold Trade Update 💡💰 I’m still holding the same view on gold: it needs to dip before continuing its upward trajectory. This setup is intended as a swing trade, but I’ll be taking multiple quick scalping opportunities along the way. My Plan: I’ll focus on the bearish 4H Fair Value Gap (FVG), entering the trade as soon as I spot a wick in the 4H chart seeking...
I'm seeing that the price of bitcoin could explode at any time. However, I'm starting to notice weakness in the bounce so I've taken the opportunity to make a short entry as it hasn't broken strongly above the 4h FVG and only went up for liquidity. Trade management: SL in the wick in case it resumes the upward bias better get out of the way. TP on the swing...
I believe eurusd is bullish right now because it cleared the sellside liquidity with a wick and there is a 4h bearish fair value gap that has not been filled.
Price swept Equal Lows which were LRLR and I target M15 FVG simple setup.
Market Idea for This Week 🔍 FX:EURJPY After analyzing last week's sharp drop, I'm seeing a strong opportunity with the market's current reaction. The Asian range at the start of this week has created a significant bullish Fair Value Gap (FVG) on both the 4H and 1H timeframes. Although the 4H FVG carries more weight, I've opted to place my Stop Loss (SL)...
USOIL / 4H TIME FRAME HELLO TRADERS Prices are currently on a downward trajectory, trading below the identified supply zone at approximately 70.04 and 69.21. The market is now approaching the support level at 67.27. There is a possibility of a brief retest of the supply zone before the price continues its decline towards the next support levels, which are...
In my humble opinion, the worst seems to be over for oil. Trading Idea: After analyzing multiple sessions, I noticed how well the price has absorbed the recent drop, reclaiming the liquidity distribution from last month. There’s no strong indication of further downside. The Asian session has brought it into a solid accumulation range. I’m looking for an entry...
Hey everyone! Today, I’m excited to share a fascinating analysis of the XAU/USD pair in the 1-hour timeframe using the ICT strategy. I’ve added a free indicator to the chart that not only identifies swing points but also beautifully connects them with lines. This indicator even marks the days of the week, Fair Value Gaps (FVGs), and includes a 20-period EMA. It’s...
Idea in Progress: Noticing that during the Asian and London sessions, the price hasn’t made a new low, I see potential for an upward move. Given that the price is currently within a bullish 4H FVG, there’s a chance it could rise toward the bearish 4H FVG created yesterday before resuming its decline. Trade Management: I'll take profit at the first swing high and...