Snipertrader
XAUUSD OAK Gold's New All-Time-High and Intraday ForecastGold's price rose back to it's all time high value last Friday December 1st, then broke the ceiling on December 4th, at the Asia markets and week's opening. In a flashing escalade that lasted less than one hour, rocketing 77 dollars up from 2070, the price claimed a new ATH price at 2147 US dollars per pound .
The correction followed since. We are looking now at the continuation of this berish move, and here I offer some morning doodles for today.
Gold is going to continue up in the larger trend, and not just for this years closing. It's just a matter now of finding our how deep a retracement could reach. It might be still soon for doing that accurately.
BNB: Identifying Sniper Entry Points 🎯Unlocking the art of sniper entries in the crypto market involves the strategic identification of substantial liquidity clusters on one side, serving as potential catalysts for trend reversals. Let's explore this concept using a recent example from Binance Coin (BNB) to understand the power of precision entries. 🎯📊
Sniper Entries Decoded:
Definition: Sniper entries refer to pinpointing optimal entry points in the market, often by identifying significant concentrations of liquidity on one side of the order book.
Case Study - BNB Snapshot:
Scenario: BNB exhibited a range-bound movement, and a crucial moment unfolded as liquidity dynamics shifted.
Key Observations:
Liquidity Accumulation: A considerable accumulation of liquidity on one side (e.g., sell-side liquidity) can act as a precursor to a trend reversal.
Range Breakdown: The removal of the range high (upper boundary) and subsequent testing of the imbalance level signaled a shift in market dynamics.
Key Takeaways:
Identifying Liquidity Clusters:
Look for instances where liquidity is noticeably concentrated on either the buy or sell side.
Significant liquidity clusters can act as potential turning points in the market.
Range Dynamics:
Pay attention to price movements around key range levels.
Breakdowns and subsequent tests of range boundaries can provide valuable insights into market sentiment.
Implementing Sniper Entry Strategy:
Wait for Confirmation: Exercise patience and wait for confirmation, such as a range breakdown or imbalance testing, before considering entry.
Precision Timing: Optimal entries often occur just above/below key range levels, maximizing the potential for favorable price movements.
Conclusion:
Mastering sniper entries involves a keen understanding of liquidity dynamics and recognizing when significant concentrations may trigger trend reversals. The BNB example showcases how identifying liquidity accumulation and strategic entry points can enhance your trading precision.
Wishing you sniper-like accuracy in your entries!
Happy trading,
🌐
❗️Get my 3 crypto trading indicators for FREE! Link below🔑
XAUUSD OAK Spider Trend Two Weeks After: A Gold's ProphecyXAUUSD Gold . The price liked some of the forecast analysis lines we published two weeks ago, nooding at and toching these slings on several ocassions. Dotted blue lines are four of the possible path directions I estimated for the price to continue its trend, published on September 29. I added one trend line here (not dotted).
The trend path lines I sketched over the daily timeframe graph as it is in my post. This is a 30 minutes time frame view. None of these lines were changed in their slope nor in their position, not even slightly altered in any way.
This can be verified in my Sept 29 XAUUSD analysis
XAUUSD OAK Spider Trend Analysis and 2023 Closing Forecast
OAK
(Sniperr 2 for 1) 70 PIP then 100 PIP MOVEI see a major pull back the market consolidating to the point it came to a breakout time will only tell.
KIWI ON SALE!Like I previously mentioned in my other published idea title BOLD GOLD, because of the hawkish fed and raising inflation The USD is stronger than most if not all G7 currencies. As a result commodities & commodity currencies across the board is selling off such as the NZD & AUD, they may be the weakest currencies crossed w the USD. Last week I sold this pair at 0.61875 and took profit at 0.59986 a -3.05% move (-189 pips).This week I reopened a sell position w some of the profits from the trade I closed out last week at 0.60697 and at the present moment market is down -1.24% (-75 pips). My current take profit is 0.58793 ( -190 pips) but the market can definitely pull lower if the USD strength persist as I suspect it will, at least until the next rate decision on the 22nd of this month. If or when NZDUSD breaks & close below the 4 month trend line found on the D1 I can definitely see this pair heading towards 0.57000 a -4.8% (-287 pips) move from market current price. Lastly, in less than 1 hour the USD PPI YOY & PPI ex Food & Energy numbers will be released , the consensus is 8.8% & 7.1% respectively, a surprise higher than a expected number could fuel another USD rally, a lower than expected number can cause a temporary retest. Let me know your thoughts in the comments.
Berry's fx analysis on GOLDAnalysis made by berry FX on gold
it LL got activated and it has a nice buy
gbpaud trading plan I see a buying opportunity on GBPAud with a fairly thin stop loss point that is good to follow
but pay attention to stick to their respective trading plans so they don't experience losses
a good area to buy is at 1.78535 - 1.78436
BTCUSD✓From monthly timeframe BTC is falling and is expected to go below 38000 befort regain it's momentum up.
✓Break of Market structure observed at 406500, which indicates the probability for price to drope is so high.
✓ price also show strong resistance zone at 42290.
✓ This zone can also be considered as liquidity zone, therefore an interesting area above it can be valid entry setup for sell.
✓The high probable selling zone is between 42500 and 42750.
✓ At this zone one can find any berish confirmation and enter or can enter direct and put stop loss above the zone.
Sell AUDCADAUDCAD have tested weakly orderblock and show the sign of selling. The price will return to fill liquidity void which confluence with the fib levels btn 70.5% and 78%. Time frame coordination also considered at this point.
spx500 re entry spx 500 is giving us an other chance to enter its rally up. Entry was found in the 5 minutes its a 1 to 8 risk/reward ratio to the 5 minute high, i would personaly try to ride this to the all time high
GBPCHF IMMINENT SHORT! Do NOT miss this!We are approaching the daily resistance level on this pair, and we can see a push for a final upside prior to dropping.
We are seeing GBP weakness now on multiple pairs, and this should translate through to this pair shortly.
There are two possible entries/scenarios here:
1.) Early beak of ascending trendline that is marked on the chart. This is a break prior to full structure rejection, and therefore riskier. Keep SL the same, the ratio is still excellent.
2.) Sniper entry - this is likely to be the full rejection of structure, which would indicate a new bearish direction. Enter as a SELL STOP to catch the immediate rejection wick, with SL only just above. This will be an INSANE R:R! It is a trade that we may miss, and have to enter later, but when these sniper entries work, they are superb - it means you can enter a much larger lot size for the same stop loss cost.
A large part of trading is accepting and dealing with inherent risk. The market will always be there and we should never chase trades. If it goes our way, then great - if it doesn't, walk away and look for another excellent entry. Don't give your hard-earned money back to the market!
Like what you see here? Please like, follow, and subscribe. It makes a huge difference to the work I can provide for you.
Good luck, trade safe - and let's try and get a nice entry either this evening or early next week.
DrBear
SNIPER ENTRY ON GBP/CADPlease trade with your own risk... you can check my previous setup.. i only publish high quality analysis. good luck all trader.
follow me to get my idea and setup
Making a Move Price is currently on a area of interest if my 15min candle closes below and I get a retest of the zone with selling pressure I will do just that.
USDJPY BUYCurrently waiting for a BOS as the DXY is showing bullishness. In 4H POI and expecting reversal. If it doesn't show signs of bullishness i will not take the trade
Sniper entry on the EUR USDOn the two hour chart there was a retracement then scaling down on the 15 min for a sniper entry.
US30 LongI trade GBPJPY only, not only because I love the pair and it's volatility, but it's preparing me for the more institutional style of trading and training for the US30. This is a position in which i used my same analysis, as i would on GJ because the correlation and overall mobility of both instruments is amazing. Here, we can obviously see that was retesting the counter trendline, so i waited for weekend data to print. It's retesting right at that monthly support which gives me a great deal of confluence along with a couple other factors. Just looking to take the position to the 0% on the fibb, as i usually target the extension. I am a sniper trader and will look to implement my trading style on this asset. More backtesting and practice trades to come. I am only backtesting US30 for the next few months. We will see if the analysis checks out and if there are any tweaks that need to be made.
GBPJPY ShortLooking at a possible short sell on GJ. Price broken structure and completed the full retest at the 78.6 Fibb. Will wait for market to open to see if price will make a gap, but price will most likely be bearish for the H1 TF.
