Gold Market Update Exploring TrendsDiscover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential upside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
Smctrading
Bullish DXY Monthly:
a. Bullish arguments:
1. FVG not respected.
2. Latest candle came back to retest FVG.
3. Latest candle did not took PML
b. Bearish arguments:
1. Respected monthly OB.
2. Did not took PMH.
3. A good Displacement.
Weekly:
a. Bullish arguments:
1. Previous FVG with OB defense retested.
2. Latest FVG might be respected.
3. Price at Discount PD array
b. Bearish arguments:
1. Respected monthly OB.
2. Did not took PWH.
3. A good Displacement.
Daily:
a. Bullish arguments:
1. Market is at IRL and ready for ERL
2. So for FVG is respected.
3. Latest candle came back to retest FVG.
b. Bearish arguments:
1. Respected Weekly OB.
2. Did not took PWH.
3. A good Displacement.
4. created a FVG for sell.
Note:
It is best to wait for daily candle to form completely in order to confirm the bias
#LINKUSDT: Bears to continue dominating| Crypto|SetupsFX_|Hey Traders,
With most of the crypto pairs, price is making correction on this crypto pair too. Expecting price to drop down to 7.00 region from bullish rebound may occur until then. Keep selling with accurate risk management. Good Luck and Trade Safe.
ICT Long setup XAUUSD intraday and session trade scalping👋Hello Traders,
Our 🖥️ AI system detected that there is an ICT Long setup in XAUUSD for scalping,
Please refer to the details Stop loss, Demand Zone(Buy Zone), TP 1 and TP2 for take profit.
For more ideas, you are welcome to visit our profile in tradingview.
If the price had hit the TP2 when you see this idea, please wait for next idea.
Have a good day!
Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
Wave structure of EURUDS on 14 minute, 4 hour time frameThe 4-hour time frame is showing a bearish swing wave =>
Currently it is a bullish recovery wave
The 15-minute time frame is bullish but has given a bearish CHOCH signal
We look for opportunities to sell to the weak swing bottom of the 4-hour frame
BTCUSD: Targeting $53000 area! Bitcoin has been consolidating within the range of $65,000 to $80,000. There is a possibility that the price may experience a decline and reach levels between $50,000 and $53,000. This range represents a crucial support zone where the price could potentially find support and rebound. It is important to note that market conditions can be unpredictable, especially during holiday periods. Trading volume is likely to normalize after April 2nd. Please always maintain risk management the first priority; only take this idea as a educational purpose and not as a guaranteed success.
Wishing everyone a joyous Easter!
GBPCAD | Short H4 | Market Exe | Technical Confluences for Trade:
- Stochastics are in Overbought Conditions on H4 time-frame
- Price action is at a Supply Zone area
- Price action may reverse back below Resistance Trendline
Suggested Trade:
Entry @ Area of Interest 1.7140 - 1.7160
SL @ 1.7258
TP 1 @ 1.7012 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 1.6809
Risk-to-Reward @ Approx. 3.41 (Depending on Entry Level)
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If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies.
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Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks.
Any websites / brokers / applications suggested here are also provided as informational purpose only.
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Weekly #EURUSD analysis, 29 April - 3 May. Weekly time frame:
1. Swing is bearish, INT is bearish.
2. Price reached above the EQ and shifted bearish, As sign that the swing pullback is over.
3. After iBOS price pulled back to the extreme and did bearish CHoCH as a sign that the pullback
phase is over.
4. Price has reacted to the old demand zone, and reached the supply that caused the break.
We expect to continue bearish.
Confluence from LTF.
Daily time frame:
1. Swing is bearish, INT is bearish.
2. After iBOS we can expect INT pullback.
3. The pullback phase is now ongoing.
Now we can play longs to target at least the EQ of the range.
4H time frame:
1. 4H swing is bearish, INT is bearish.
2. After swing BOS we can expect swing pullback.
3. Price reacted from this POI, But did a bearish CHoCH.
Reaching the supply area that caused the
CHoCH.
4. Maybe we are ready to start looking for shorts.
Follow LTF.
15M time frame:
1. Swing is bearish.
2. Price has pulled back to the extreme demand area on 15M TF & 4H supply.
INT structure is still bullish, but we can expect to turn bearish to start the new 15M swing leg.
Daily #EURUSD analysis, 25 April.4H time frame:
1. 4H swing is bearish, INT is bearish.
2. After swing BOS we can expect swing pullback.
3. Reaction from 4H POI near the EQ of the INT range.
It could be the end of the pullback phase.
For more info keep following LTF.
15M time frame:
1. The 15M swing is bullish now.
After swing BOS we expect a swing pullback phase.
2. The swing range is not that big compared with the previous ranges, so the pullback phase
couldn't be that deep with this bullish momentum.
3. Swing is bullish, INT is bullish.
Following OF is the best decision.
Daily #EURUSD analysis, 24 April.Daily time frame:
1. Swing is bearish, INT is bearish.
2. After iBOS we can expect INT pullback.
3. The pullback phase is ongoing, Now we can play longs to target
at least the EQ of the range.
4H time frame:
1. 4H swing is bearish, INT is bearish.
2. After swing BOS we can expect swing pullback.
3. Bullish CHoCH is a sign that the INT pullback has started.
Now we can play longs targeting at least the EQ of the range.
4. The price hit a supply area, but it is not that strong to motivate the price to shift bearish again.
we could just see a reaction from it.
Follow LTF.
15M time frame:
1. The 15M swing is bullish now.
After swing BOS we expect a swing pullback phase.
2. INT structure is bullish, but it could shift bearish at any moment to facilitate a 15M swing pullback.
3. We can play longs following the INT structure.
Or we could wait for a clear shift to play shorts (Swing pullback phase).
What is FLAT in the markets, practical tips☝️Do not act based on my analysis, do your own research!!
The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
Daily #EURUSD analysis. 23 April.4H time frame:
1. 4H swing is bearish, INT is bearish.
2. After swing BOS we can expect swing pullback.
3. Bullish CHoCH is a sign that the INT pullback has started.
Now we can play longs targeting at least the EQ of the range.
Follow LTF.
15M time frame:
1. The 15M swing is bullish now.
After swing BOS we expect a swing pullback phase.
2. Price pulled back to the extreme mitigated the last POI and shifted bullish with a CHoCH.
3. INT structure aligned with swing (bullish).
Now we can look for longs targeting weak swing 15M high.