When the analysis hits the money lol :joy: Price filled the imbalance then retest the trendline and came back and kissed OB at 1965.6 :shades: Here we can find good spots to enter shorts till the next OB at 1946. Looking at the fib level of last drop we can start sells at 1975.8 then 1978.1 and last 1979.8 with open SL. Price may fall for this whole week so we...
Following the uptrend without any interruption can pull the price up to 2007 level which is our previous daily high where Sell Stops reside. First it may drop 1977 to cover the imbalance then continue moving up. Here it needs to keep in mind that Friday candle closed in red which may result in price pulled towards 1972 level. We can enter long if price rejects...
BTC has been on uptrend since start of this year currently sitting at 37000 which makes us Bullish across all the timeframes, following analysis is done by the ICT concepts starting from HTF till LTF. 1. Currently BTC is sitting at 37000 with an eye on 42000 target as a 50% Fib Retracement Level at the end of this year looking at monthly chart which is our...
If you are looking for a buy in XAUUSD there is good news for you because Gold has yet to retrace before it continues its downward momentum. 1. Gold is already oversold which can be seen on RSI on daily chart. 2. We also have a divergence on 4hr chart on AO marking a potential retracement from this level. 3. We have two resistance levels 1907 and 1940(which is...
Looking at the Monthly Chart, we have the following analysis: 1. This month candle broke below the previous months low but yet it has to give closing before we can decide the next months bias. 2. We can see a clear Support at 1824 on Monthly Chart. Weekly Chart: 1. Weekly candle closed below our Support Level marking 1907 as a Resistance for Potential...
My answer is NO!! Absolutely NOT!! BTC is at its most critical stage and to break 29470-29300 level we need a massive buying/selling pressure which in this case comes with news so we have to be careful and trade safely by knowing key levels in terms of Support and Resistance and possible trend reversals. Looking at Daily Chart we see a nice upward trend making...
We have bullish divergence on Awesome Oscillator (AO) along with confirmation entry by forming a QM Pattern on 4hr chart.
Gold has been in the downtrend for two weeks after it broke 1964 level. After a failed breakout on Friday NFP news it retraced back in the support level (1940-1930). Due to continuous downward pressure and successful retest of 1930 resistance level we have seen a nice downward move to 1924. If the downward pressure continues the next expected level is 1900 before...
Looking at the monthly chart, this month candle failed to break the previous month candle high with overall bearish momentum so we should only look for selling entries. Looking at daily chart we have a bearish trend making lower highs with two potential entries for sell as marked. We have a strong resistance at 1960 at 4hr & 1hr timeframe. If the market does not...
It looks like gold can break 1940 level and test 1930 before coming back up. Buckle up because we are going on a mad ride.
As predicted in the previous weekly forecast gold retraced back form 1962 till 1952(SELL 1) then again from 1971 till 1932 (SELL 2) making profit on both trades. Looking at the chart this week is still in bearish trend so we will only look for SELL trades. 1st SELL: Entry Level 1949-1954 2nd SELL: Entry Level 1963
Looking at the monthly chart, this month candle failed to break the previous month candle high with overall bearish momentum so we should only look for selling entries. Looking at daily chart we have a bearish trend making lower highs with two potential entries for sell as marked. We have a strong resistance at 1960 at 4hr & 1hr timeframe. If the market does not...
Gold is currently overpriced and it will follow the channel downwards and then go up.