XAUUSD 4hr ideaas you can see by our mark up we have a few smaller interlocking structure points that are yet to be tapped into.... with the bullish pus taking us into new highs last week we have to maintain our upwards bias for now!
A pullback into some of the untapped liquid (unlocked structure) would be a perfect reason for price to carry us into our higher zone marked above!
once and if we get to this stage we expect price to drop down to fill some of the gaps it has not tapped into yet below!
let us know what you think!
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Short-long
GOLD Weekly forecastGold now in observable motion for upward rally in cope with EUR pairs. After presidential remarks In Europe has Inverted many pairs for a good cause especially EURO pairs.This week mostly Stocks went into a rally shortly after CPI news hit following the rapid move for EURO pairs, GOLD and vice versa as dollar falls in a strong dive as planned by the feds. Technically, Gold has found strong support around 1620-1630. however, there are many barrels on the way up as it approaches major supply levels.
Now we wait and see if major news and economic news could be benefitting in coping the price movements in further months or not. That includes Decisions by the new government in UK and Chaos close chats of Ukraine and Russia Conflict and as well as Economic reports of the Feds-Including NFPs, CPIs, and Inflation data.
Prediction for 10/11/22I think there is no rocket science, the price will go up or down. today I have difficulties predicting where the price will go. To me, I see FVG below on 4h TF and 1H TF. it looks like due to the downtrend price will go down and I do go short with a stop loss must. London Kill Zone doesn't give me much of a signal or setup at the moment. I guess that whole action will be reserved for the NY session.
Please share your thoughts.
Very futuristic GOLD-USD idea.Here is a double top with a potential third touch before reversing again. That's my idea for now. If it manages to break above then I think it will have a higher chance of being a fake out. At last, it might just break above and reversing totally. So that means even if I fail 2 times before, the third will be a win with a very high chance and I will then win back both the two last losses and still gain a little cash. This is the meaning behind risk management.
Gold- Structure remains bearish, in spite of Friday's reversalAfter touching 1620 on Friday, Gold has reversed strongly finishing the day towards 1660 resistance.
Looking at the posted daily chart we can see that the bearish structure is still intact in spite of this almost 400 pips reversal and will remain so as long as the 1680-1690 ceiling is intact.
That being said, my medium-term outlook remains bearish and I expect a new wave of selling.
Also, those of you who are calling for a double bottom should know that this pattern is confirmed ONLY by a break above 1725
FTMUSDTSTOPLOSS IS MUST
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PAIR FTM
Wait for the Breakout or breakdown Without confirmation of market no trade wait for confirmation
Also Make sure place trade when the 2nd candle after breaking zone breaks the body of previous break candle
LETS HIT THE Target
Control your emotion if you are trader
AAVE : Keeping my Eyes on AAVE.Just keeping my eyes on #AAVEUSDT breakout on the daily and weekly seems to be looking to be setup-ed in good shape for long term profits. I will be preparing a detailed analysis on #AAVE for tomorrow. Till that make your own research about it and we will discuss it.🙏🏾
GBPAUD Local short and best place to buy Welcome back! Let me know your thoughts in the comments!
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DJI and Bonds: Get your popcorn ready. In this short video I focus on the UK and US 10 year bond markets in comparison to the DJI.
All these markets are linked up in the background - at the speed of light.
There are no predictions here - only probabilities and speculation.
High volatility is expected at the opening of the markets tonight, 16th Oct 2022.
Some are predicting a 'Black Monday' type event next week, which doesn't have to happen on a Monday. I take no sides. I'm only protecting my losses in short positions and happy to let winners run.
Stay safe, wash your hands, protect your positions, don't burn your accounts. 😁😂
Disclaimer : This is not advice or encouragement to trade securities or any asset class. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on speculative opinion expressed here or on my profile and you lose your money, kindly sue yourself.
LONG - SHORT - ORDER blockLONG - SHORT - ORDER block
By forming such a structure and scenario, Ethereum can increase the price of remaining orders in the high block order and activate orders for dumping.
According to the trend and failure of the bottoms, it is still a downward trend, and the setup you want to position from this reversal should be careful that it is in the opposite direction.
Confirmation of the liquidity creation process has been issued to return to the block order and it will most likely reach the price order.
According to the return candles, this upward trend does not have much power and was not created by market makers for a profitable trend.
XAGUSD (1D) - Silver in a trap and ready for further fall ? Hello traders,
This time just quick idea, as the chart shows at 1D tf. Silver formed potential local bottom and could be ready for huge growth. Just the candles of last few days formed strange overlaping.
So i hesitate to mark this structure as impulsive wave UP.
Be carefull, its bettter to wait for trend confirmation before we know it really was the bottom. ;)
Trade safe and enjoy the ride.
GBP/USD Probability for 13/10/22 15min TFI mention that till Fri we can expect consolidation and I think that is what is going to happen today.
I'll watch out for CPI news at 8.30 NY time. I think that due to the increase in interest rate last month, inflation will start to decrease which means $$$ will get stronger and other currencies weaker. I'll expect sharp move to downside at 8.30 first and price will slowly go up after that with another 0.30% to 0.50% to take home.
Let's see if that plays out.
NAS100 LONG TERM OUTLOOKWe are currently seeing price at a major level of support which was created in November 2020.
If we see price break above the 1169.41 price level, we may see an upward correction till at least point X:15002.65, but if we see a break below 12072.78, the market is likely to continue further downward to point Y:800.00.
Central Banks Range (FVG).I thought price action will reach the levels that I mention last week but I also mention that price will go there within the next two weeks. This is the second week and for me, there is a strong possibility to get there TODAY. Once the price reaches there I'll be looking for the price to go up and I'll be buying at the discount.
Let's see how it will play today.
PS. I know my chart is a mess but you can see predictions from last week till now.
$SPY - Double Top - Great Reset - Stock Crash Ending 2030$SPY is going for a double top before crashing down to low 200's in the "Great Reset" lasting to 2030. Much like China's "Great Leap Forward" which was one of the largest disasters in history, after which a huge economic advancement was made for several decades. Following the "Great Reset" the United States will enter a period of massive prosperity where conservatism will reign. During this period, the United States will maintain supremacy of the global economy till the year 2100.