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EUR/JPY - Trade idea dor the upcoming weekWhy did I choose this trade? Trend Analysis and Bias: -On the 4-hour (4H) chart, the price is in a downward correction but approaching a significant support area (Buy Zone) near 159.274, where I expect buyers to take control. -My bias for the upcoming week is bullish, based on the overall market structure and key technical confirmations. Key Structures and Confirmations: -Break of Structure (BOS): The price has shown bullish strength by breaking key resistance levels multiple times in the past, confirming that buyers are dominant. -Change of Character (CHoCH): After forming my Buy Zone, a clear CHoCH upwards occurred, providing another strong signal of buyer strength. -Liquidity Grab: There is significant liquidity just above my Buy Zone, which has already been filled. This is another strong indication that the price could reverse upward from this zone. -Fibonacci Confluence: I used the Fibonacci retracement tool to refine my Buy Zone. The Buy Zone aligns with the premium Fibonacci range, adding more confidence to the validity of this level. Additionally, I always draw Fibonacci from an area of accumulation that leads to a break of structure. In this case, the accumulation area aligns perfectly with the Buy Zone, making it even stronger. Volume and Imbalance: The previous strong imbalance candle (IMB) shows that the market might retrace upward to fill this gap, further supporting my bullish outlook. Psychological and Technical Levels: The price is approaching the 159.000 level, a psychologically significant number that often acts as a magnet for buyers and sellers. This level aligns closely with my Buy Zone, increasing the probability of a bullish reversal. Trade Plan Entry (Buy): 159.300, slightly above the Buy Zone, to capture the expected bullish reversal. Stop Loss: 158.800, placed below the Buy Zone and the most recent swing low to avoid potential stop hunts. Take Profit (TP): TP1: 161.000 – The nearest resistance level, where price could encounter selling pressure. TP2: 162.000 – A key resistance zone, ideal if bullish momentum continues strongly. Why do I anticipate this move? The Buy Zone is a strong support area, confirmed by Fibonacci confluence, bullish CHoCH, and prior liquidity being filled. The Fibonacci is drawn from an accumulation zone that led to a structure break, further reinforcing the Buy Zone’s significance. My bullish bias for the week aligns with these technical confirmations, suggesting that buyers will likely regain control at this level. A combination of liquidity grab, CHoCH, BOS, and imbalance zones adds additional layers of confidence to this trade idea. Disclaimer: This is solely a trading idea based on my personal analysis, knowledge, and thought process. This is NOT financial advice. Please conduct your own research and implement proper risk management. Trading carries significant risks, and you should never risk more than you can afford to lose. Tilen Safaric
Long
by Safaric
2
Rebound correction Silver. H4 09.10.2024Rebound correction Silver Silver made a reversal downwards, which I wrote about in the last post Now the price has approached the margin zone and local support 30.20 from which they can make correction upwards. However, I believe that the fall will continue to the strong support zone 28.06-28.86 and in this zone I will look for culmination and a buy signal. Also, silver is now trading in the past profile accumulation area and if there is no reaction up, it will confirm the thoughts of a deeper decline. CAPITALCOM:SILVER
CAPITALCOM:SILVERShort
by KovachTrader
USDJPY / BY BREAKING SUPPLY ZONE / 4HUSDJPY / 4H TIME FRAME HELLO TRADERS The price has broken out above 147.218, and there is currently bullish pressure , The price is attempting to reach a supply zone between 148.626 and 149.340. For the uptrend to be confirmed, the price must break above this supply zone. If successful, the price could then aim for the next target at 150.790 (the supply line). If the price fails to hold above 147.218 during a retest, this could signal a decline , Breaking below 147.218 might lead to a drop towards favorable value gaps (FVG) at 145.363 and 144.332. Supply zone : 148.626 and 149.340. Demand zone : 142.546 and 141.687. FVG : 145.363 and 144.332.
Long
by ArinaKarayi
USDJPY / END OF SEPTEMBER AND INTO EARLY OCTOBER - 4HUSDJPY / 4H TIME FRAME HELLO TRADERS Current Trend: Prices dropped by 2.55% yesterday, approaching a key support level at 142.231 , If prices break and stabilize below 142.231, further declines are expected , Currently, prices are trading slightly above 142.232, and stabilizing above this level suggests potential increases of 3.50% and 5.00% , The analysis anticipates a possible upward trend towards the end of September and into early October. Technical Analysis: Current Market Condition: The asset is under bullish pressure , As long as the price remains above 142.231, the bullish momentum is expected to continue. Upward Condition: - Target 1: If the price trades above 142.231, it's expected to rise to 147.179. - Target 2: If the price stabilizes above 147.179, the next target is 149.345. Downward Condition: - If the price falls below 142.231 , it suggests a potential decline: - Target 1: A decline to 139.713. - Target 2: If it breaks below 139.713, further decline is expected to 137.306.
Long
by ArinaKarayi
Beginning of AUDUSD workout. H4 03.09.2024Beginning of AUDUSD workout Yesterday in the closed channel I recommended subscribers to look for sales of the Australian dollar from the strong zone 0.6790-0.6816 with the perspective of corrective fall to 0.6640+- The price gave a reaction in the morning and I believe that the push down will continue. It remains to cover a major growth candle and then I will increase sales. It is also desirable that the cumulative starts to grow on the fall, they often get after that. Already right now, even at 0.1 lot almost returned the cost of a monthly subscription
Short
by KovachTrader
NOTUSDT / UNDER DOWNWARD PRESSURE - 4HNOTUSDT / 4H TIME FRAME HELLO TRADERS The overall trend remains downward as long as trading stays below the turning level of 0.009 . It is reasonable to expect that prices will remain under downward pressure as long as they stay below the turning level of 0.009 because this level acts as a critical resistance point. Without a decisive break above it, sellers maintain control, leading to potential declines toward the next support levels at 0.007 and 0.006. The requirement for a 4-hour or 1-hour candle close above the turning level to signal an upward move is justified by the need for confirmation that the market has gained enough bullish momentum to push prices higher. Once this occurs, the path toward the resistance levels at 0.011 and 0.013 becomes more likely, as it indicates that buyers are regaining control. KEY LEVELS : Turning Level : 0.009 Resistance Levels : 0.011, 0.013 Support Levels : 0.007 , 0.006
Short
by ArinaKarayi
1
USDJPY - UNDER BULLISH PRESSURE - 4HUSDJPY - 4H TIME FRAME HELLO TRADERS The general trend continues to be upward as long as trading remains above the turning level of 145.495 . Currently, prices are above this threshold, indicating a possible rise towards the initial resistance level at 147.891. If a 4-hour candle closes above this resistance, further increases are anticipated, with the next target being the second resistance level at 150.800. For a downward trend to develop, the turning level needs to be breached and maintained below. This could lead to a decline towards the first support level at 143.749, and possibly even lower to 141.832. KEY LEVELS : Turning Level : 145.495 Resistance Levels : 147.891 , 150.800 Support Levels : 143.749 , 141.832
Long
by ArinaKarayi
Waiting for WTI rebound. H4 30.08.2024 Waiting for WTI rebound Oil WTI has been flattening with pullbacks all week, which is exhausting. My top-up was knocked out together with the rest of the last buy. Although the total plus came out due to partial fixation. Now the price is back to the key support area, it went down to the buyers' zone 73.34-72.63 and near the specified 1/2 margin. There are no large volumes, which is confusing, but they can make a buyback. Therefore, you should look here for confirmations on your strategy. If pushed the zones below, then the price will go to 71.
THINKMARKETS:WTILong
by KovachTrader
USNAS100 / BREAKOUT SUPPLY ZONE !!! - 4HNAS100USD / 4H TIMEFRAME HELLO TRADERS Tendency , prices is under upward pressure , until trading above turning level at 19,559 Upward Condition : The price is currently experiencing bullish momentum. As long as it remains above the 19,559 turning level , it is likely to move upward toward the resistance levels of 19,779 and then 20,097. Downward Condition : To reach the 19,210 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 19,559. If it stabilizes below support level (1) , a further decline toward the support level (2) at 18,690 can be anticipated . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 19,770 . RESISTANCE LEVEL (2) : 20,097 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 19,210 . SUPPORT LEVEL (2) : 18,690 . TURNING LEVEL : 19,559 .
OANDA:NAS100USDLong
by ArinaKarayi
Ambiguous situation Gold. H4 28.08.2024Ambiguous situation Gold There is an ambiguous situation on gold. We are trading close to the nearest buyers' zone, but there are no volumes of buybacks and on the contrary bids are pushing down. Can go up to 1/2 margin, and from there make a rebound. That is why I will be out of the market on gold until the situation becomes clearer. If they can completely cover the segment down with fixing under 2470, then we will get repositioning downwards and look for sales from the pullback. But we have not done it yet, the priority is to work on the bullish trend.
CAPITALCOM:GOLDLong
by KovachTrader
Will there be a false breakdown WTI ? H4 20.08.2024Will there be a false breakdown WTI ? H4 20.08.2024 Oil is in an interesting situation right now. Initially I was waiting for repositioning to buy, however the price went lower. As a result, I closed my purchases on be and now the question is whether or not there will be a false breakdown of the support zone 71.30-72.40. The poured volume in the margin at 73.50 did not give a buyback reaction, but oil moves very insidiously. It could do a false breakdown and then come back on volumes and form a delayed culmination. In any case, the rebound is somewhere near, so watch carefully.
THINKMARKETS:WTILong
by KovachTrader
Possible correction WTI. H4 27.08.2024Possible correction WTI Oil has now approached the marginal resistance zone 77.41-77.97, as shown in the previous analysis. Large point volumes have appeared in the zone and may mean fixation of purchases and the beginning of accumulation of corrective sales. The question is whether the pullback will be and how deep it will be. In general, I expect an approach around 1/2 of the margin and then up again from there. That's why yesterday at 77.40 I closed 50% of buys and I'm still in the waiting mode. Oil after filling volumes likes to make gains and then go into a reversal.
THINKMARKETS:WTILong
by KovachTrader
Trading Idea of week 35 - S&P500 - TradingMasteryHubWelcome to the TradingMasteryHub Trading Ideas! Are you ready to gear up for the upcoming week? Join us as we dive into a detailed analysis to uncover top trading opportunities that could potentially boost your trading account. We’ll break down our strategy, defining precise Entries, managing Risk, and pinpointing the optimal Exit zones—steps that can transform your trading performance. Whether you’re just starting out or looking to fine-tune your approach, these insights are crafted to help you on your path to mastering the markets. S&P 500 Poised to Break New All-Time Highs! The S&P 500 has climbed back above its long-term uptrend (green trend line) that’s been in play since early November 2023. The current all-time high (ATH) of 5,680.4, set on July 16th, also marked the beginning of a mid-term downtrend (red trend line). However, two weeks ago, we witnessed a significant breakout from this downtrend, accompanied by high volume, which also reestablished the long-term uptrend. The last four trading days have been range-bound between key support (green) and resistance (blue) zones, with a stable volume profile (orange box) in between. If the price manages to break through the key resistance zone (blue), new ATHs are highly likely. This presents a clear and compelling trading opportunity that we’re excited to share with you. How to Turn This into a 5-Star Setup! Before we rush into a trade, excited by the prospect of bullish momentum, it’s crucial to do our homework. This means waiting for multiple confirmations before entering the trade: 1. The Trend is Your Friend: The chart shows different trends depending on the time frame. We’re trading on a 15-minute chart, where the uptrend is clear. But we also need to confirm that the higher time frame (above our execution trend) is in an uptrend and not in a consolidation phase following a longer-term downtrend. - Box Checked: We saw a breakout from the mid-term downtrend on August 15th with high volume (RVOL > 3) and a 15-minute close above the last higher low of that downtrend on August 19th, also with high volume. 2. We Need New Bullish Momentum: To hit new ATHs, we require strong buying pressure. This could come from a catalyst like favorable news (e.g., interest rate cuts by the Fed) or a technical breakout above the key resistance zone (blue). - Box Checked: We’ll look for a 15-minute close above the blue zone, RVOL > 3 at the breakout, and ideally, a U.S. market opening above the previous day’s Volume Profile high to confirm a trending day. - Plus: Price must be above both the session VWAP and 2-day VWAP. - Bonus: An additional catalyst in the form of a market-moving news event. 3. We Need Patience: Only when all the above criteria are met should we enter the trade. - Entry: After a 15-minute candle closes above the blue zone, but only if the risk/reward ratio is >1.3 up to Target 1. - Risk Management: Stop Loss (SL) at 5,624.7, just below Friday’s Pivot R1 minus 6 points for market noise. Take Profit (TP) Target 1 is set at 5,678, just below Pivot R2 (also the 1.618 Fib Extension), where we’ll scale out 50% of the position and move the SL to the entry level, making the trade risk-free. - Profit Target 2 (50%): This will likely be around 5,730, just below the 2.618 Fib Extension. If we don’t see new ATHs, TP Target 2 will be triggered by a close below the highest green 15-minute candle. 4. We Need Discipline: Trading only when all conditions are met will give us an edge in the long run. - Discipline: Sticking to your rules is crucial for consistent trading. Without discipline, you lose the ability to analyze and refine your edge, leaving you at the mercy of emotional decisions. 5. We Need to Review Our Trades: Keeping a Trading Journal is essential for learning from both mistakes and successes. We’ll provide another e-Learning session focused on this vital topic. A simple journal can significantly improve your trading. Always Have a Plan B! Sometimes Plan A doesn’t play out. That’s why it’s important to have a Plan B—a slightly less optimal, but still viable, 4-star setup. In this case, if the breakout above the blue zone doesn’t occur and the market reverses towards the green zone, we might consider a short trade instead. But again, we need a separate checklist: 1. Range Trades Need a History: The market must test key zones (green and blue) more than twice each to confirm a range. - Confirmation: More than two touches of the green and red zones have already occurred. 2. We Need Bearish Momentum: A bearish environment is necessary for a return to the range. This could be triggered by a negative catalyst (e.g., lower unemployment rates) or a breakdown below VWAP. - Box Checked: We need a 15-minute candle close below both session VWAP and 2-day VWAP, RVOL > 3, and the market ranging within the Volume Profile. 3. We Need Patience: Enter the trade only when all conditions are met. - Entry: After a 15-minute candle closes below both VWAPs, with a risk/reward ratio >1.7 up to TP Target 1. - Risk Management: SL at 5,647, just above Friday’s Pivot R1 plus 6 points for noise. TP Target 1 at 5,602, just above Pivot P (0.382 Fib retracement), where we’ll close 100% of the position. 4. We Need Discipline: As always, sticking to the plan is key. 5. We Need to Review Our Trades: Keeping track of your trades ensures you learn and improve over time. --- Conclusion and Recommendation By focusing on clear trends, momentum, and discipline, you can capitalize on high-probability trading setups like the ones we’ve outlined here. However, it's crucial to understand that not every 5-star setup will be a winner. Even the most promising setups don’t guarantee success every time. The true key to long-term profitability lies in consistently following a well-defined strategy and maintaining a favorable risk/reward ratio. Over time, this disciplined approach can lead to steady profits, helping you grow your trading account while minimizing losses. Having a solid Plan B also keeps you prepared for whatever the market throws your way. With these strategies, you’re not just following the market—you’re mastering it. Can’t Get Enough? Don’t Miss Out! Subscribe to stay updated on all our latest trading ideas and strategies. Share your thoughts in the comments, and let’s build a community of traders who are committed to learning, growing, and succeeding together. Your journey to market mastery is just beginning, and we’re here to guide you every step of the way! What You’ll Learn: - In-depth market analysis - Proven trading setups - Effective risk management techniques - The importance of discipline in trading - How to adapt to changing market conditions - And much more!... Best wishes, TradingMasteryHub
OANDA:SPX500USDLong
by TradingMasteryHub
Rebound EURUSD before the start of correction H4. 22.08.2024Rebound EURUSD before the start of correction On the Euro I expect a rebound to the area of 1.1170 and the start of correction there. The rebound was made, but the nuance is that the cumulative continues to fall, which means that they can still make an outburst to fill the culmination volumes. Without them they are unlikely to make a downward reversal. They may reach 1.12, where there is also a strong option resistance, and then down. In any case, I will not enter without confirmation of volumes and I advise you to wait for the conditions.
Long
by KovachTrader
1
The NASDAQ index is gearing up for new high. H4 20.08.2024The NASDAQ index is gearing up for new high NASDAQ index made a major segment overlap up and the question is if they are going to give a pullback before continuing the growth. Along the way they formed 2 important buy zones, but there is no culmination at the top. I expect a pullback down to the zones and then buying. Most likely we will push from the nearest zone 18920-19200 and then rise to test the high near 21000. Also, just in case I have specified the far zone of buyers 18400-18670, but it is unlikely that we will reach there.
TAIFEX:UNF1!Long
by KovachTrader