EURUSD Bullish ? Monthly FVG Reversal Setup to the UpsideBreaking down the EUR/USD setup:
Sell-Side Liquidity Raided:
Price has effectively taken out the sell-side liquidity (SSL) levels at 1.060 and 1.04482, creating the conditions for a reversal.
Monthly Fair Value Gap (FVG):
Price has tapped into the monthly FVG and, more importantly, closed above it, signaling a possible bullish reversal.
Higher Timeframe Bias:
The monthly FVG holds strong as a bullish PD array. With price rejecting this range, there’s potential for a move toward the weekly buy-side liquidity (BSL) at 1.09387.
Obstacles to Watch:
Price is approaching two high-probability bearish FVGs on the weekly timeframe. These zones could cause re tracements back into the higher timeframe monthly FVG range.
Monitor these areas closely for signs of price respecting or disregarding these bearish zones.
Projection:
If price continues to disrespect the bearish FVGs and maintains bullish displacement, a continuation toward 1.09387 is likely.
Keep in mind retracements into the FVG range as healthy pullbacks during the move higher.
Conclusion:
This setup highlights a high-probability reversal scenario based on ICT concepts. However, as always, patience and confirmation are key—watch how price reacts to the bearish FVGs along the way.
Disclaimer: Always conduct your own research (DYOR) and trade responsibly.
Ict
Institutional Demand: CHF/JPY longsHey,
The main pair on watch for me for the upcoming 48 hours is CHF/JPY.
Price is within daily demand and soon reaching weekly value as well.
I've adjusted the daily zone according to the HTF's.
When this zone is reached, I'll wait for entry confirmation on the LTF's.
Same plan as always.
Make sure to watch my videos to learn more.
Oh and boost this post :)
Kind regards,
Max
Healthcare Sector (XLV) Long-Term BuyI believe healthcare will be the next rotation coming out of this tech bull run. Using the Trade Jeanie (Jeanius Screener/Indicator), I was able to see the current technical buy signals happening on AMEX:XLV :
Took out an untested low
Price touching 21EMA while the 9EMA > 21EMA
Retested a level that was broken to create a break of structure (BOS & Retest)
The Jeanius Indicator shows green 'Combo' labels every time this same combination of signals happened
Bitcoin Week 48When looking at BINANCE:BTCUSDT.P and BINANCE:ETHUSDT.P you can clearly see that BINANCE:ETHUSDT.P closed above the previous week high while BINANCE:BTCUSDT.P didn't what indicate us as a bearish SMT.
BINANCE:ETHUSDT.P reached to a 1D gap from previous Q1 week which will be a resistance area.
This is why I would be bearish to BINANCE:BTCUSDT.P this week.
I would like to target the previous gaps marked in the chart above
ES1 Week 48Seems like this week CME_MINI:ES1! closed above the high of the previous Tertiary Quarter while CME_MINI:NQ1! didn't which indicate as bear SMT.
What supports this idea is the fact that CME_MINI:NQ1! is between two daily gaps of previous weeks in the same month Q1.
This make me believe that we are looking to retrace to previous gaps and I'm bearish this week.
Bitcoin: The Crypto Rally Isn’t Over—Are You Ready for the Next Bitcoin: The Crypto Rally Isn’t Over—Are You Ready for the Next Leg?
Bitcoin has been leading the charge in the recent crypto rally, showing strength and resilience across key levels. While some traders might expect a pause or a pullback, I don’t think the bullish momentum is done just yet.
I believe there’s at least one more leg up in this rally, and I’m preparing to capitalize on the move. Here’s the breakdown:
Momentum in the Crypto Market
Bitcoin has been riding a wave of optimism, driven by institutional interest, improving sentiment, and favorable macro conditions. The broader crypto space seems to be in a risk-on mode, supporting further upside potential.
Bullish Continuation Likely
The recent rally has broken key resistance levels, signaling strength in the trend. While short-term consolidation or small pullbacks may occur, the overall trajectory remains upward.
Trade Idea
Looking for Longs: My bias remains bullish, and I’m ready for the next move higher. I’m focusing on dips into support zones or breakouts above resistance for potential entry points.
Risk Awareness: While the rally looks strong, volatility in crypto markets can strike unexpectedly. Managing risk remains crucial.
US100: Another Push Higher or a Long-Overdue Pullback?US100: Another Push Higher or a Long-Overdue Pullback?
The US100 has recently experienced a strong rally, igniting speculation among traders that a significant retracement is just around the corner. But is it really time for a pullback? Not necessarily.
While market corrections are inevitable, the current momentum suggests that the uptrend is far from exhausted—at least until the market says otherwise. Here’s my take:
Trend Dynamics
The rally across major indices has been fueled by strong sentiment, robust tech sector performance, and resilient economic data. The all-time high now seems within reach, and the market might aim for that psychological level before considering a substantial pullback.
Cautious Long Bias
I’m keeping a long bias on the US100, as the upward trajectory still looks intact. However, I acknowledge that any signs of weakness or resistance at key levels could quickly shift the narrative.
Flexibility is Key
While I lean bullish, I remain open to short opportunities if the market shows clear signs of reversal. The key is to stay adaptable and let the price action guide the way.
Fundamental Backdrop
The bullish case is supported by resilient corporate earnings, cooling inflation, and optimism surrounding the tech-driven economy. However, potential headwinds, like interest rate concerns or geopolitical risks, could trigger sudden volatility.
Trade Idea
Watching for Longs: I currently don’t have a specific entry point in mind but am closely monitoring price action for buy opportunities.
Open to Shorts: If the market begins to show signs of exhaustion at key resistance levels, I won’t hesitate to explore short setups. Flexibility is crucial in these conditions.
Perspective, Not a Trade Recommendation
This analysis provides a perspective on the US100’s current rally and potential setups—it is not a trade recommendation. Conduct your own analysis and always practice sound risk management.
BTCUSD | 15M | SCALPING TIME I've put together a Bitcoin analysis for all of you. I've marked my target and stop-loss levels right on the chart. Thanks to everyone who's been like and support my work. I'm here working hard for you, and I'm never gonna give up on you.
We're gonna keep making gains together. All I ask is that you show your support with a like.
Gold: Slow Recovery or a Setup for the Next Big Move?Gold has recently completed a three-leg correction to the downside, and we’re now seeing early signs of a move back up. However, the current upward push seems to be struggling with low volume and volatility, making the path higher uncertain.
So, where does that leave us? Let’s break it down:
Trend Context
The broader trend for Gold still appears bullish, with strong long-term fundamentals supporting the precious metal. However, the recent correction highlights that buyers might need more momentum to regain control fully.
Volume & Volatility Concerns
Gold’s upward movements often rely on strong participation and momentum. The current lack of volume could indicate hesitation among market participants. Until we see a clear increase in trading activity, caution is warranted.
Trade Idea
Long Bias: While my overall bias remains bullish, I’d recommend patience. Let Gold show signs of strength with increased volume and a break above key resistance levels before entering long positions.
Watch for Buy Opportunities: Dips into strong support zones could present attractive entry points for those aligning with the long-term uptrend.
Perspective, Not a Trade Recommendation
This analysis is meant to provide a perspective on Gold’s price action and potential setups—it is not a trade recommendation. Always conduct your own research and consider your risk management strategies.
GBP/USD: Relief Rally or Just a Pause Before the Next Drop?GBP/USD: Relief Rally or Just a Pause Before the Next Drop?
GBP/USD has been locked in a prolonged downtrend, but recent price action shows signs of a relief rally to the upside. Could this mean the bears are finally running out of steam?
Not so fast. While the bounce might be tempting for bulls, it’s essential to consider the bigger picture. The downside momentum isn’t entirely out of the equation just yet. Here’s why:
Trend Analysis
The long-term downtrend remains intact. Key resistance levels are looming, and the recent upward move might simply be a retracement within the broader bearish structure.
Market Cycles
Markets often move in cycles, and GBP/USD appears to still be in the middle of a downside cycle. Relief rallies like this are common before the next leg lower, catching overly eager buyers off guard.
Fundamental Backdrop
The GBP/USD pair is influenced by various factors, including UK economic data, US interest rate dynamics, and market sentiment. As of now, the fundamentals still favor the dollar, adding pressure to the pound.
Trade Idea
Short-Term Bulls: If you’re considering the upside, proceed with caution and manage your risk. Look for clear confirmation of strength above key resistance levels before committing to a bullish bias.
Long-Term Bears: Stay patient. This relief rally could offer an excellent opportunity to short the pair at higher levels, aligning with the overall downtrend.
Sell XAUUSD Sell XAUUSD when Price Goes Up Between 2645.19 to 2650.11
1.Here I have box that is my Optimal Trade Entry
2.Ignore level
when price rally up to this box and reduce with displacement I open short on XAUUSD and the first target is 2631.20 (NY Midnight) and the second Target is the low of the day.
Trading EURUSD this week | Judas Swing Strategy 25-27/11/2024The Judas Swing strategy has recently seen a surge in activity. After experiencing a week of losses, it rebounded last week with a 1% gain. This week appears promising, as a setup emerged on Monday, positioning us to take advantage of the opportunity that presented itself
After observing a sweep of liquidity at the high of the trading zone, we shifted our focus to look for potential selling opportunities. However, to capitalize on a clear setup, we require a break of structure to the sell side. This price leg must create a Fair Value Gap (FVG), and a retracement into this FVG will assist us in securing an entry point for the trade. At 10:30 EST, all the criteria on our entry checklist were met, allowing us to proceed with the trade.
Upon entering this trade, we experienced minimal drawdown, which is the ideal scenario every trader seeks. Sniper entries are highly coveted, but it's important to recognize that they won't occur with every trade. Therefore, it's essential for traders to allow their trades sufficient space to fluctuate and to place their stop-loss at a point where, if triggered, it signifies the invalidation of the trade setup
We were in this trade for just 1 hour and 15 minutes, and with only a 1% risk, it yielded a 2% return for the day
On Tuesday, we returned to scout for trading setups, but unfortunately, none emerged that matched the Judas swing strategy, so we took no action. Notice what we did? Nothing. And why? Because no trade setup fulfilled the criteria on our checklist, and we didn't force any trades. Whenever a trade doesn't meet your checklist requirements, avoid forcing a trade. The likelihood of regretting that decision is high, and even if a forced trade happens to win, it means you're developing a bad habit that could haunt you later on
We showed up on Wednesday to scout for trades again and late in the session a setup started forming. We got a sell bias early but getting a confirmation for sell trade took forever to form, but when we got that confirmation we didn't hesitate to take this trade. We entered a sell for this trade setting our Stop loss at 1.05788 and our TP at 1.05383
After executing the trade, the subsequent bullish candle, which was a bullish marubozu, went straight to our stop loss and then reversed in our intended direction. However, since our stop loss was triggered, it marked the end of our trading day. According to our rules, we do not re-enter the trade. We accept the 1% loss with dignity and prepare to trade another day. This loss means that we are now only 1% in profit on EURUSD for the trading period from November 25th to 27th.
Silver Bullet Strategy EURUSD USDCAD AUDUSD | 26/11/2024Yesterday served as a classic example of the importance of risk management in every trader's system. We initiated three trades across three different currency pairs (EURUSD, GBPUSD, USDCAD) and plan to provide a detailed breakdown of each trade, including the outcomes.
We began scouting for potential setups that matched our entry criteria at 10:00 EST. By 10:30 EST, a FVG had developed on GBPUSD, indicating potential selling opportunities during this trading session. All that remained was to wait for a retracement into the created FVG to secure an entry point for the trade
The subsequent five-minute candle entered the Fair Value Gap (FVG) on GBPUSD, indicating that we could execute our trade upon its closure. Simultaneously, we were exploring additional trading opportunities across various currency pairs. It was then that we observed the emergence of a FVG on USDCAD, necessitating a wait for a retracement into the FVG before executing a trade. We executed the trade on GBPUSD while awaiting confirmation to enter the USDCAD position.
The USDCAD setup provided an entry confirmation, indicating that we would have two trades active during this session. Additionally, the session was still ongoing when we observed that another EURUSD setup was approaching the fulfillment of our entry criteria.
Immediately after initiating the trades on GBPUSD and USDCAD, we observed a significant drawdown on both. This was due to a large bearish marubozu candle printing on the USDCAD, while the GBPUSD experienced two successive bullish candles, casting both positions in an unfavorable light. While all this was happening the setup on EURUSD had fulfilled all the requirements on our checklist so we had to execute that trade as well.
Our USDCAD position hit the stop loss, and shortly after, our GBPUSD position also reached the stop loss, resulting in a 2% reduction of our trading account for the day. This leaves us with just one active position on EURUSD.
Being in such a position wouldn't be easy to bare if we hadn't managed risk properly. We entered these trades risking only 1% per trade and had already accepted the potential outcomes, which greatly diminished any emotional attachment to these trades. With that in mind, the EURUSD position began moving in our desired direction, which was a considerable relief after two out of three trades had reached the stop-loss point
We patiently waited, and this time our patience paid off when our EURUSD position hit the take profit (TP) for a 2% gain. Thus, for the day, we experienced two losses and a win, but with effective risk management, our win offset both losses, and we broke even for the day. Do you see the importance of ensuring your wins outweigh your losses? We experienced just one win and two losses, yet our single win was more significant that it offset all the losses we had for the day
AUDUSD - Short Trade IdeaThis is a short idea on AUDUSD.
I'm anticipating lower prices towards a higher timeframe ascending trendline, after price took out buyside liquidity from a descending trendline and then displacing lower.
The trendline in the image is one isolated to around these timeframes, and not the HTF narrative. Besides that, I'm basing it off a Daily iFVG and Daily -OB. First target is the most recent low that price made.
Stoploss at immediate swing high, but completely possible for price to come up during a high impact news event to take out the buyside liquidity above. Either a sweep, or this idea is completely wrong.
Good luck and safe trading.
- R2F
Gold Outlook Gold is moving as on its path which is clear for it
As we see the chart chart tells us from daily prespective that yesterday's low is not yet broken gold has taken support from under yesterday low now its showing us rejection over that another confluence is gold has completed 68% fibonachi retracement over its daily chart now we will be seeing it as bullish bais
From 4H to 1H prespective gold has formed triple bottom and we are experiencing a change in volume we can expect a rally upwards in gold although we are still bearish on gold but seems like we are going to change our direction ⬆️