Looking at the H1 timeframe for WTI Crude Oil, we're observing a defined range structure: Market Structure: Trading within established range (70.17-73.18) Recent rejection from 72.50 resistance Moving averages clustered around current price Multiple tests of both range boundaries Key Levels: Upper Range: 73.178 Current Price: ~72.23 Lower Range:...
Looking at the H1 timeframe for the US30, we're seeing an interesting technical setup: Market Structure: Price trading beneath a clear descending resistance line Consolidation pattern forming in recent sessions Moving averages tightly grouped, indicating potential breakout setup Recent lower highs respecting the descending trendline Key Levels: ...
Looking at the H1 timeframe for the FTSE 100, we're observing a critical technical setup: Market Structure: Price testing key support zone after recent downward pressure Clear bearish momentum from recent highs at 8833 Moving averages aligned bearishly Blue box indicating potential continuation zone lower Key Levels: Immediate Resistance: 8700 ...
Looking at the H1 timeframe for USD/JPY, we're seeing a significant bearish momentum with several key technical developments: Market Structure: Strong bearish trend continuation after breaking below 151.00 support All moving averages aligned bearishly with accelerating downward slope Clear lower highs and lower lows structure Previous support levels being...
Looking at the H1 timeframe for GBP/USD, we're observing a clear consolidation pattern with several notable technical features: Market Structure: Price is trading within a defined range between 1.2590-1.2627 Currently hovering around 1.2592, showing indecision in the market Moving averages have flattened, indicating the ranging environment Yellow box...
Looking at the H1 timeframe for Gold, we're seeing a clear bullish momentum with several key technical developments: Market Structure: Price has made a decisive breakout above the previous resistance level around 2950 Strong bullish candle formation with minimal upper wicks, indicating buyer control Moving averages aligned bullishly, with price comfortably...
Trade Setup Overview Entry Price: 21,530.33 Target Price: 22,232.41 Stop Loss: 21,297.97 Risk-Reward Ratio: 1:3 Trade Type: Long Position Suggested Position Size: 0.25-0.5% of capital Timeframe: 1-Hour Chart Position Sizing and Risk Analysis Conservative position sizing (0.25-0.5%) indicates proper risk management Total Risk per Position:...
The EUR/USD is currently trading at 1.04306, showing a slight decline of -0.14% (-0.00148). The pair is forming a descending triangle pattern, which is typically a continuation pattern in a downward trend. Key Technical Levels: - Resistance: 1.04659 (Key resistance level) - Support: 1.03197 (Current support level/PWL) - Value Area: Marked on the chart showing...
Bitcoin is presenting a compelling trading opportunity with a clearly defined risk-reward setup. The current market structure, supported by volume profile analysis and EMA alignments, suggests a high-probability long entry. Entry Strategy: Entry Price: $97,727.6 Take Profit: $98,838.1 Stop Loss: $97,300.3 Risk-Reward Ratio: 1:2.8 (favorable for...
Trade Setup Overview Entry Price: 21,536.37 Target Price: 22,264.79 Stop Loss: 21,293.57 Risk-Reward Ratio: 1:3 Trade Type: Buy Limit Order Technical Indicators Analysis Moving Averages Price action shows strong bullish momentum with price maintaining position above the 200 EMA Notable clean rejection of the 50 EMA, indicating potential continuation of...
EUR/USD Technical Analysis Report December 20, 2024, 06:00 GMT Current Price: 1.03628 Recent Market Events & Price Action Recent FOMC rate cut of 25 basis points (December 18, 2024) accelerated bearish momentum Previous range break (1.05927 - 1.04541) signals strong bearish continuation Yesterday's retracement to 1.04235 identified as liquidity grab before...
Intra day trading idea for EUR/USD based on wyckoff accumilation which lines up with higher timemframe narrative of the daily and the 4hr timeframe with key support level of 1.07575 holding whilst we reach the end of the accumilation phase to then enter the inefficient market cycle of the weekly/monthly tf.
Gold excited us again last week trading back up to near all time highs so with the coming week based purely on technicals we could anticipate the following happening. Breakout to the downside past 2407 towards key level of 2395 which would then return back to return back to 2406 which would put a break and retest strategy in play for a continuation to the...
Good morning Traders, My analysis for this week on EUR/USD is that we are currently forming a descending triangle pattern on all the higher timeframes from the monthly down to the 4 hourly with the key supply zone of 1.08921 to be reached as part of a break and retest move to the downside and heading to the key deman level of 1.06689 and if we break this...
Potential BTC/USD Directional move for the weekend as we head our way out of the premium zone into discount. 4hr chart: Key levels of $69,859 would need to be mitigated to show any further strngth to the upside, however we have already sweept the liquidity resting at the 4hr fair value gap and price action seems to be having a bearing reversal pattern with the...
US30 Technical Analysis Report December 16, 2024 Current Market Overview The US30 (Dow Jones Industrial Average) is currently displaying a significant bearish bias, with multiple timeframe analysis supporting a continuation of the downward momentum. Current price: 43,886 Technical Analysis by Timeframe Daily Timeframe (HTF) Confirmed bearish market...
Current Market Position The EUR/USD pair is currently trading at 1.05678, positioned at the premium side of its recent trading range. This level represents a significant recovery from the markdown initiated on November 13th, which established the range's parameters. Recent Price Action Analysis The trading range has been defined by: Upper bound: Current...
The last chart still stands, we are in a premium range I do anticipate price doing another retracement before going to $150k TBH MIL:1M bitcoin is the forseeable future. Blackrock are in on this now. We just have to play the ride on the 15M and 1HR. Happy Trading. :)