GBP_USD Support Ahead! Buy!
Hello,Traders!
GBP-USD is going down
In a correction move
But we are bullish biased
On the pair mid-term so
After the retest of the
Support below at 1.3000
Which, it should be noted
Is a nice round number
We will be expecting a
Local bullish rebound
Buy!
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Smartmoneyconcept
BITCOIN after the FOBO ! ( FAKEOUT BREAKOUT)
BITCOIN, after the FAKEOUT BREAKOUT, has re-entered the bearish channel that we’ve been monitoring for several months. This was a false breakout, which left many of us hopeful for a bullish market, but it turned out to be the opposite!
But no worries, we must wait. The important thing here is that, within the bear market we saw last week, the price bounced off a very important and key zone that we’ve been tracking for several months.
This purple zone is what I call my inefficiency zone, which I also consider one of the strongest areas where Bitcoin has previously made strong impulses.
The only thing we should consider here is that Bitcoin will likely try to break the channel again. We can’t do anything until the price is on the other side of the channel. It’s that simple! Don’t try to enter right now because the price could pull back. Always pay attention to the immediate structure being presented and WAIT!
We already have confirmation that the price has bounced within our inefficiency zone. Now, we just wait for the breakout, so patience is key!
That’s my advice for this week.
Best regards, and thank you for supporting my analysis.
GBP_AUD RISKY SHORT|
✅GBP_AUD is approaching a supply level of 1.9350
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bullish bandwagon just on time to get the best
Risk reward ratio for us
SHORT🔥
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AUD-NZD Risky Short! Sell!
Hello,Traders!
AUD-NZD price has been
Increasing rapidly and the
Pair looks locally overbought
So as the price is approaching
A horizontal resistance level
Of 1.1060 a local bearish
Correction is to be expected
Sell!
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GBP-AUD Retesting Resistance! Sell!
Hello,Traders!
GBP-AUD made a swift
Recovery after a sudden
Price drop but the pair
Will soon hit a horizontal
Resistance level of 1.9325
From were we will be
Expecting a local
Bearish move down
Sell!
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NZD-USD Potential Long! Buy!
Hello,Traders!
NZD-USD is falling down
Now and the pair is locally
Oversold so I think that
After it hits the horizontal
Support of 0.6121 from
Where we will be expecting
A local bullish correction
Buy!
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USD-JPY Potential Short! Sell!
Hello,Traders!
USD-JPY went up sharply
But the pair is about to
Hit a horizontal resistance
Level of 149.500 and as
The pair is locally overbought
We will be expecting a local
Bearish correction
Sell!
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AUD-JPY Will Keep Growing! Buy!
Hello,Traders!
AUD-JPY is trading in an
Uptrend and the pair made
A retest and a rebound from
The broken key round horizontal
Level of 100.000 which is a
Support now and as we are
Bullish biased we will be
Expecting a further move up
Buy!
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GBPJPY Oct 4 2024 pending buy limit activatedDetailed entry on GBPJPY maximizing liquidity grab. :)
This trade was taken during N.Y session of Oct 3 2024. I set pending buy limit because I saw Slow motion while approaching fair value gap (see charts arrow) . As I go to my fundamentals i saw an important NEWS --> NFP USD. Anticipating large momentum because of the demand introduced this week. This trade was a success, years of learning and charts behavior observation. Trade with confidence and patience. :)
Have a great day folks!
#wyckoff
#supplyanddemand