The price is in consolidation, with Unemployment Claims and Powell's statements ahead for the week; therefore, the setup is defensive.
Good morning traders, today we present two very interesting possible scenarios which we can take advantage of, today we have a high impact speech where the president of the FED POWELL will surely move the market a little and we will be waiting for what may happen happen . many profits for today
MATICUSD has reached a demand zone last tested in June 2022. The market formed a long-tailed bar on the weekly timeframe, signaling a rejection of this level and the potential for a bullish move. Additionally, it broke and closed above the accumulation zone, which is another encouraging sign. If the price stays above the 0.400 level, the market could rise to...
These charts depict an evolving market structure for XAU/USD (Gold Spot) and highlight significant zones and patterns across multiple timeframes. 1. Key Patterns and Channels: Ascending Channel: A dominant ascending channel is visible on multiple timeframes. This is a classic continuation pattern, suggesting that as long as price remains within this channel,...
swept highs and instantly rejected forming a bearish pattern (wicked liquidity zone followed by a bearish candle). We are in a bullish trend as of now but I don't think it has enough fuel to target the Daily swing highs right now so the only way left to go is down for liquidity and a cheaper price so that the big guys can enter in. As always this idea can be 100%...
Good morning traders, we have a beautiful continuation for yesterday, the price has been behaving very beautifully and always in favor of our direction so I wish you an excellent day of profit.
With token unlocking in 2 days, AVAX's overall structure remains bearish, and the market’s current illiquidity makes it unlikely to absorb the gap. This setup could present a prime opportunity to consider a short position.
BTCUSD has seen a solid rebound off a crucial support level, successfully capturing liquidity at the previous month's low. Over the past week, the daily chart displayed choppy price action, leading to a period of consolidation within a tight range. Notably, the weekly timeframe has formed an inside bar pattern, signalling potential indecision among traders. A...
Good morning traders, new week sale of new opportunities, I hope you have a week full of many profits. Today without any fundamentals in the middle we can see that the price can give very interesting entries both in sales in the London day and some succulent purchases for the NY day. Remember that we react, we do not predict.
I expect a retracement to the high concentrated manipulation area. This area should act as support and push the metal up.
The charts provided for XAU/USD (Gold Spot) on various time frames present a comprehensive analysis scenario where several key patterns and zones align across different time frames. Analysis Breakdown: 1. **Daily Time Frame (1st Chart):** - Rising Wedge Pattern: This is typically a bearish reversal pattern, especially when it forms after a significant...
First I apologize, yesterday my analysis was very good and I didn't realize that I had made it private, you would have had a lot of fun, it was a very interesting day, but today we have another opportunity. I present to you the windows of opportunities for this Friday and conclude the week in the best way, many profits and take care of your capital. Greetings.
YM broke the HRLR without any issue! ATH got my attention.
I show it to you every day - I show you exactly how the market traps buyers/sellers and turns them into liquidity i.e. stop losses for the real traders. If you find yourself getting trapped and faked out more often than not, WATCH THIS VIDEO! Understand what is happening in the market! Unless you're here to clown - I've met a lot of you over the course of my...
I expect from gold to bounce back from the latest strong manipulation area. Still because of the current price action we need some confirmations if price reach this area. The recent double top suggesting bullish price action, at least the liquidity from the top is taken. It means that the bearish move could happen after liquidity grab and finish as bearish day.
Gold Spot (XAU/USD) Market Analysis - August 13, 2024 Daily Chart Overview - Broadening Wedge Pattern: The daily chart reveals a broadening wedge pattern, often associated with market indecision and potential reversal signals. This pattern, characterized by expanding volatility, suggests that the market is at a critical juncture, with the possibility of either...
Good morning traders, today the market is moving because we have fundamentals both in the pound now at 7:00 and in the afternoon NY we are going to look for a window of opportunity to take advantage of the day. For today's first leg in London, it presents a bullish scenario. Once I get my psychological point and everyone is induced to buy, we will look for sales.
Welcome to another Wolf of Block Street analysis, where we dive into the latest market trends and chart the potential paths ahead! XRP/USD is at a pivotal juncture, with indicators pointing to a potential significant move in either direction. After years of consolidation, XRP has established strong support at key levels, suggesting that a breakout above recent...