MrKTechnicalLevels

MrKTechnicalLevels Updated 

### SMC-Based Setup Analysis: 1. High Probability Buy Setup: - If H1 candle closes above 2364-65, initiate a big buy. - Target: 130-250 pips move up to the 2386-2394 area (Fibo 0.50% area). - This area might act as a good reversal point. 2. Downside Scenario: - If H4 candle closes below 2330, expect a downward move. - Target: 2298-2290 area...

MrKTechnicalLevels Updated 

### SMC-Based Setup Analysis: 1. High Probability Buy Setup: - If H1 candle closes above 2364-65, initiate a big buy. - Target: 130-250 pips move up to the 2386-2394 area (Fibo 0.50% area). - This area might act as a good reversal point. 2. Downside Scenario: - If H4 candle closes below 2330, expect a downward move. - Target: 2298-2290 area...

MrKTechnicalLevels Updated 

As expected, gold is showing strong bullish momentum. After closing above the 2420-2425 area, gold surged to 2440. It is now in a correction phase. The 2420-2411 range is a good buy zone, as this area has previously acted as strong resistance and may now serve as support, along with the H1 order block. There is a chance that the price will retrace to this order...

MrKTechnicalLevels Updated 

#XAUUSD H1 As expected, we had already warned everyone that once the H1 candle closed above 2385, it would likely move up to the 2406 area. True to our analysis, the market followed this path, with the CPI data further favoring gold. Yesterday, we also mentioned that the CPI and unemployment data were fully positive for gold and advised against selling after the...

MrKTechnicalLevels Updated 

On Friday, gold experienced significant movement following the FOMC data release. As anticipated, there was a downward move followed by a swift recovery. The price encountered some resistance around the 2378-84 area, but the market actually took resistance from the 2374-75 level, leading to a 100-pip correction. Toward the end of the session, it successfully broke...

MrKTechnicalLevels Updated 

#H1 Buy High Probability Setup If we get an H1 bullish candle closing above 2337, we can enter a buy position. However, this time both our stop loss and target will be substantial—approximately 200 pips. Our first safe target will be 200 pips, and our final target will be 280 pips. The 2360-2368 area can act as a strong resistance and potentially reverse this...

MrKTechnicalLevels

If a bullish H1 candle closes above the 79.10 level, we will initiate a buy position. The stop loss for this trade will be set at 78, while our target is set to exceed 80. This trade setup offers a risk-to-reward ratio of approximately 1.3:1, making it a potentially favorable trade.

MrKTechnicalLevels Updated 

#USDJPY H1 Buy Setup BUY Only If H1 Bullish Closing Above 155.770 SL 154.75 TGT :156.56-157.11 its 1.3:1 RR.Other Everything Written On Chart .

MrKTechnicalLevels Updated 

#XAUUSD H1/H2 SMC Based Setup Currently, the price is in a strong bullish movement. I recommend staying with the trend, which is currently bullish. Therefore, we will focus on finding good buying opportunities. 1. **First Buying Area (2392-2400)**: This level has previously acted as a strong supply/selling zone, making it a potential resistance area this time....

MrKTechnicalLevels Updated 

After a prolonged period, we've finally broken out of the range market, with our higher time frame strategy yielding over 450 pips in two trades. The first trade peaked at 2338 after surpassing 2323, while the second trade, triggered by a H4 candle closing above 2342, reached 2378 before retracing near the 2380 mark. Now, a new structure is forming in Gold,...

MrKTechnicalLevels Updated 

The #XAUUSD market has bounced off our identified support zone of 2356-2361 twice, reaching a high of 2387 after encountering resistance at 2381. With this resistance zone now weakened, the next likely resistance lies in the range of 2394-2400. If we see a H4 candle closing above 2400, it could signal a potential buying opportunity with a target of 200-300 pips...

MrKTechnicalLevels

#USDJPY H1 Strategy: Last week's #USDJPY trade yielded significant gains, even though our final target of 157.20 was not reached. The 157.20-157.60 zone presents an attractive selling opportunity, characterized by the presence of an H1 order block and a significant fair value gap. If we observe notable rejection signals, such as one to two hourly red candles...

MrKTechnicalLevels Updated 

Our purchase at 2338 has surpassed all targets and is presently trading at 2366. If we witness an H1 closing above 2366, it could pave the way for 2380. However, buying at these elevated levels carries risk, particularly given that it's Friday, so I'll exercise caution. The range of 2380-96 might serve as resistance, potentially exerting downward pressure on the price.

MrKTechnicalLevels Updated 

Once the gold price surpasses and sustains above 2323-26 with M15/M30 closing above, the next challenge lies around 2335-2338. Upon an H1 candle closure above 2337-38, it signals a favorable outlook for a 200 pips upward movement, targeting up to 2358. The ongoing consolidation within this range indicates potential for a significant breakout. Post-breakout, the...

MrKTechnicalLevels Updated 

Finally Price has taken out the low of our momentum candle now our final buy order will be triggered when the 15-minute candle closes above 2314, targeting a minimum of 100 pips with an expected target of 2323-2329. For traders with an aggressive or higher risk appetite, entry can also be considered upon the bullish closure of the current 15-minute candle,...

MrKTechnicalLevels

#XAUUSD H1 SMC Based Setup #XAUUSD H1 SMC Based Setup #XAUUSD H1 SMC Based Setup

MrKTechnicalLevels Updated 

If we observe a bullish hourly candle closing above 2315, it suggests that gold may not face resistance until reaching 2329. Therefore, if we see a bullish hourly candle closing above 2315.50 , we could consider entering a small buy position with a stop loss at 2307 and a target of 2329 and if price gets rejection from 2332-38 area we can plan a good sell.

MrKTechnicalLevels Updated 

If the H1 candle for USDJPY closes bullish above 153.40, we will initiate a buy entry with a stop loss around 152. Our primary target is set at 157, but for a safer approach, we may consider exiting the trade at 154.50, aiming for a profit of 100-120 pips. If the price maintains its position above 154.50, we will hold onto the trade until it reaches the full...