Following our successful sell trade, we've hit the third target at 1.6260. Now, we’re positioning ourselves for a rally to the upside. This setup aligns with a demand level and a liquidity sweep around 1.2642, along with wave formation analysis suggesting we're on track for the fifth wave – potentially the final rally before a significant drop projected in...
Possible Buy to sell, Best with light risk as this is a fundamental dependent setup and carries a lot of uncertainties. BuyLimit@1.2921 Stoploss@1.2881
In this setup, we're targeting a continuation of the swing sell, awaiting a clear signal of bearish momentum. Our entry confirmation will come once price breaks and closes below the 1.6442 level. After this confirmation, we’ll look for a retracement into the premium level of the intra-trend bearish rally, specifically within the 1.6540-1.6400 range. From this...
On the 4H timeframe , we've seen a clear structural shift, with price breaking below a significant low on the bullish rally at 1.3000 and further breaching the bullish trendline. Initially, we anticipated price would fill the Fair Value Gap (FVG) above before this breakout, but it moved lower without doing so. Now that we have both the breakout and an unfilled...
After a long bearish run, we've seen a key break below the intra trend low at 146.60. Price has also broken out of the broader trend dating from March 2022 to December 2023, dipping into demand zones along the way. Now trading at a premium in the current downtrend, the logical play is to look for short opportunities. On the 4H timeframe, a rising channel extends...
After a smooth rally upward, E URAUD is primed to reverse from 1.6581 , which was our original target from the previous buy setup. This level now serves as unmitigated supply from weeks prior and aligns with the 161.8% Fib extension of the current rally. We’re planning to sell from 1.6581 down to 1.6250 , a key demand level within the broader bullish...
GBPUSD is poised for a strong rally with a potential upside of 300+ pips, confirmed by earlier analysis on the DXY. We’re anticipating the DXY to move down into its daily demand zone, after which it’s likely to fill the Fair Value Gap (FVG) on the Daily timeframe. This setup aligns well for a GBPUSD buy, keeping in mind that this rally is a move toward...
Bias is well stated on the chart, you can leave your feedback here, I'm open to new insights too
The GBPUSD market is approaching the Fair Value gap that was created from the GBP's fall last year, which occurred around the price of 1.3570 and the main gap from 1.3030. Additionally, the market has reached the high from which it started to rally. Based on my analysis, I anticipate that on the lower time frame this week, the price will experience a strong rally...
Recently, I've come to realize that no matter what your trading strategy is, it works. However, I've identified a problem with my own approach some years back - I needed to put in more effort in practicing patience both on and off the charts. If you're also struggling, I recommend practicing more patience. My personal philosophy in the market is to "let the market...
GBPUSD Following through from the analysis this morning, This is the Setup I was Anticipating, If this does well, Do well to take partials @1.2480 Minimal SL@1.2390👍👍
Based on our analysis of GBPUSD in February, we observed the gradual progress of its price movement. As of today, the price has broken above the consolidation high of 1.2450 on the daily time frame, indicating a strong rally. This price level also marks a change in structure. To confirm this change, we will be closely monitoring today's closing price. If the price...
As a developing trader with a proven track record of profitability over the past two years, I've encountered new traders struggling to determine their trading style due to overwhelming and inaccurate information in the media and a lack of proper guidance. In my opinion, the key to overcoming this dilemma is to view the chart as a storytelling tool that provides...
On the matters of my love GBPUSD , I've been waiting for it to finish cooking, It has given a signal I've been waiting for. So we're likely to witness a 300+ pips drop, to this end, I have fished out my entry points @1.1970 and 1.2000 for targets @1.1740 and 1.1705 also recall that today is the Non-Farm Payroll release, and very high volatility is expected given...
As long as the dxy is still very bearish, we keep GU Long, on today's Bias, I wanna see GU Tap into 1.2110 level for a long up to 1,2190
Price Close below 1.0230, get OB @1.0250 - 1.0230 to short down to price@ 1.0090 follow with Patience I'll keep here updated👍
Simple and short Entry view If the price closes below 1.1880, look for an entry From an OB in the rANGE 1.1916 - 1.1901 to short down to 1.1770
After the long bearish long, the DXY seem to have changed its structure which is evident the the BOS of USDCHF also, havien broken and closed above the 0.9470 price level, we'll wait for price to tap in to an OB to long upto 0.9690