EURUSD With the previous months price action it looks as though we are switching bullish.
Liquidity has been taken we can see a possible retracement before launching again
Lets see what this week has to offer !
Orderflow
Price Action - (Defined Low)We have a defined low that comes in at 681.58
The previous low @ 772.95 was traded below. The sell stops that were protecting those long positions were traded into with this new low (681.51)
After this new low was created price action impulsively moved away in bullish momentum, to do what?....
Hit the buy stops that were created @ the previous short term high @ (1031.95)
That short term high (1031.95) was traded through eventually (which is highlighted with the shaded circle) and price starts trading higher
I'll leave the purple shaded area open for comment, let me know if you see the clues the market left behind!
Thank You
Euro - USD hourly timeframeAs we can see we broke structure to the upside, this formed a new swing structure.
Everything in-between the low and high is internal structure, you could search for shorts until your POI.
Keep in mind that looking for shorts now is more risk than searching for longs, but with the right confirmations it is possible.
EURUSD SHORTSSince we are expecting a bullish dollar, then foreign currencies should fall...hence my bearish stance on the EURUSD. Current price action is also suggesting lower prices on foreign currencies.
Bitcoin Levels to trade and What to expect for the WeekendBYBIT:BTCUSD.P INDEX:BTCUSD BINANCE:BTCUSDT
Bitcoin Levels to trade and What to expect for the Weekend
I break down the price action from the swing failure pattern at $16000, how I got into a long trade there, where the current levels are to trade and what the scenarios are that could play out over the weekend.
Please subscribe and smash the like button if you found value in this video .
Not Financial Advice. DYOR. Papertrade before trading with real money.
Hope you have a profitable trading day!
Shawn
Curve Dao Token price prediction today - Short Trade setupBINANCE:CRVUSDT BYBIT:CRVUSDT.P
Curve Dao Token price prediction today - Short Trade!! 🔥📉
I show why I took the short trade where I did, the levels below I am looking at for possible take profits.
Not Financial Advice. DYOR. Papertrade before trading with real money.
Hope you have a profitable trading day!
Shawn
Will Bitcoin hold $16000-Falling knife or Swing failure pattern?CME:BTC1! BTCUSD.P BINANCE:BTCUSDT
Will Bitcoin hold $16000-Falling knife or Swing failure pattern?
Is taking a long trade here a good idea or will we lose $16K?
I look at price action as it happens and what levels to look out for if we lose $16000. If this is a Swing Failure pattern playing out, I explain how I will trade it
Not Financial advice
Trade with paper money before using real money.
Safe trading!
Shawn
AUDUSD Projection for Week of 28 Nov - 2 Dec 2022Anticipating AUDUSD to climb up all the way to the market gap created early Monday and head up to grab the liquidity lying further above to form the high of the week either on Tuesday or Wednesday for a SELL at a premium zone.
RR > 17 , Risk = 1.2% As I mentioned on my previous analysis, " Way down we go o o o" , that price will definitely loose the bottom of 17K $, I believe that BTC will loose it soon...
The large daily Bermuda has worked well till now, rest of lower time frame bermudas below has ruined, and Bitcoin is properly ready for falling to next castle which is on 15K $ ...
this short sell position is a tempting opportunity to get something which is 17 times bigger than what ever you risk ...
EUR/USD likely to fall!Hey tradomaniacs,
looks like EUR/USD has just faked out to the upside with a lot of speed and momentum in order to catch liquidity.
Overall correlations do not make sense with this move as yields are not falling while indices are just choppy but bearish.
Orderflow has shown an instant switch from bulls to bears with this "breakout" which is giving evidence for a fakemove.
Be cautious today as market is pretty volatile due to a lack of fundamentals and upcoming holidays in the US.
What do you think?
DXY LONG BIASWe saw price drop down into a weekly support level and immediately there was a rejection to the upside. Price is forming a pattern known as AMD. We should see the distribution leg very soon to the upside.
Institutional Demand: USD/CHF LongHi traders,
Starting today off with a detailed watch list session, which showed me several of interesting pairs to look at.
This chart, the USD/CHF looks pretty good for a pullback play to the upside, with the dollar being at great value in general. Overall, the DXY has been extremely bullish for the past year and is likely to hold itself together after the weekly and maybe monthly pullback we've been seeing now finally.
Trade safe, be patient for the developments at the lower-timeframes.
Kind regards,
MNieveld
Sell the breakoutNZDUSD is consolidating gains near the top. The bullish bar with a close near the mid of the bar, followed by consolidation shows a pause in the bullish trend.
in case of GBPUSD I'll wait for a Bullish moveBullish candles were stronger with bigger bodies and smaller shadows. Market was not sure about bearish moves (expect some moves) Wait and enter on levels.
I think the pair is Bullish.
USDCHF not ready for me!By taking a deeper look at USDCHF You'll notice that bulls face harder time to move the price. I'll wait for the next move! if next moving up of the price we'll be still not so strong! I'll short the pair.
Breaking of the resistance is also possible.
EUR/USD Aims for a Bullish MoveDaily chart is much more clear!
Momentum and broken important Bearish levels are good sign of a bullish move.
Consider these 2 facts and lower your risk!
1) Strong 100 Day SMA is not broken yet.
2) Considering FED officials speeches I think US Dollar is still Bullish fundamentally.
Is FTT going to crash like LUNA? NEWS&Trading Volatility = $$ ?!FTX:FTTUSD FTX:FTTPERP
FTX:FTTUSDT
Short Technical analysis of where the current price of FTT is hovering around. Levels that need to hold
Is FTT Token going to crash like Luna did?
Is it safe to keep your funds on FTX
What does CZ from Binance say?
What is Sam Bankman-Fried from FTX saying about it?
What are other market players saying about it?
Not Financial Advice. DYOR. Papertrade before trading with real money.
Hope you have a profitable trading day!
Shawn
GBPUSD Hedge PositionHedge long position executed of the back of being in a Short position.
Very aggressive entry however risk was tailored according to the probability.
Partials have been taken as price came into contact with the supply zone.
volume spread analysispossible sell scenario.when react to extreme zone and mitigate the unmitigated OB or take out the last swing low that broke structure.it is on a no demand candle
EURUSD bearish setupHello traders,
- On the Daily timeframe the equal high are at OTE on the ICT fibbs.
- Price should go lower since there is a change in the order flow.
Good luck💥
EUR/USD - Quick 1/8 for Friday?Yesterday market hit my SL, although you know how trading goes, I managed to get a better entry and secure a beautiful 1/10 RR. So let's see if today's trade plays out how we'd like
