Orderblock
XAUUSD WHAT`S NEXT? SELL?Hey traders,
On friday i posted my anaysis about gold, that we hit all time high and a correction was likely to occur. As expected xauusd dropped 350 pips. When it comes to this week as well i see a further correction looking upon the chart, gold may consolidate trending upward to fill the gap then after a sharp drop to around 1988 seems reasonable to expect.
If you like my idea drop a like and comment down below. 😘
ESM2023 Possible ScenariosOld Daily Volume Imbalance (4133-4136) became as support. Break below 4133 will open the room to the 4h Breaker Block - 4115.00-4105.00.
Hold of Sunday Open Level can bring us to the 4167. There is another daily volume imbalance at 4179-4185.
Keep my eyes on 4191 - Next BSL after break of the 4167.
BTC can see a bounce from this OB before further lossesThe 1-hour bullish order block (cyan) at $27,750 could see a minor bounce in prices.
However the 4-hour and daily timeframe structures were bearish and showed that the trend pointed downward
The RSI and OBV noted declines to reflect selling pressure in recent hours
A session close below bullish hourly OB will invalidate the idea
Entry: $27,917
Exit: $28,750 (next LTF resistance)
Stop-loss: $27,620 (below OB)
R:R- 2.8
GBPUSD BUY SETUP 🚀🚀🚀Hey traders,
GU has been making a higher high in the past and now that we have retested the orderblock there is a good potential we are going up to continue the uptrend, there is a break of structure that occured on friday which is a plus. If this analysis was useful make sure you drop a like and comment down below.
Cheers! 🫡
Institutional Demand: AUD/NZD LongHi trader!
Listen up - after all the good zones I've been sharing these past weeks, a lot more key areas are being reached soon. One of the charts I truly like is AUD/NZD, which recently started to tank from our supply zones (as covered in my weekly live sessions) but we're now moving towards demand.
This demand area on the daily is beautiful and obvious, cuz it is stacked with fresh weekly value as well it is a key one to watch when it is reached.
Of course, the 4hour needs to confirm the higher-timeframes and as you know I just wait for our standard patterns to have that confirmation.
PS! If you like these posts and want me to keep doing them.. please give our posts a like, this helps me to grow!
Kind regards,
Max Nieveld
Institutional Demand: AUD/JPY LongHi trader!
Over the past weeks I've been sharing a lot of charts, which you can check out on my profile!
Almost all our zones have been playing out, hopefully it becomes a lot more clear to you now that you need to keep your charts simple, and keep a consistent approach to your analysis.
For today, I am looking for upside for NZD/JPY! The same type of zones as normally, let's see if we can move a few hundred pips higher.
Trade your plan, if you don't have one, get one!
Kind regards,
Max Nieveld
MASSIVE RISING WEDGE PATTERN XAUUSD Hey traders!
Last week Gold has created a lower low, on Wednesday we had a break of structure as the previous higher low was taken out, the massive rising wedge is finally about to breakout, Gold could potentailly drop to around 1905. If you like my analysis follow me for more and drop a like.
EUR/AUD looks bullish! Good RR!Hey tradomaniacs,
looks like we are going to get a nice buy-signal for EUR/AUD as soon as the breakout of the trendchannel of the lower timeframe happened.
As soon as we get momentum and eventually an FVG which has to be closed by a pullback, we could consider to go long in this scenario.
A strengh in USD aswell as rising Yields might cause upcoming downmoves of indices and stock, which would boost this setup as AUD tends to fall harder as a risk-on-currency than EUR.
What do you think?
GBPJPY outlook on the last day of the week. (SHORT)GBJPY outlook on 15 minute chart, price tapped onto the higher timeframe supply zone (gray zone) and 15 minute chart just created a lower low (change of character / market structure shift). If the price manages to pull back above and collect the liquidity created by the trendline, we could see a potential down movement.
XAUUSD FALLING WEDGE BREAKOUTHello traders,
Gold has broke out of the falling wedge pattern, the fair value gap has been filled and the chart is balanced. Gold has been forming a higher highs and higher lows which is a plus for the Pattern. Live a like and comment down below what you think about my analysis.
Enjoy!