Price action suggest a bullish view: - falling wedge pattern - successful demand zone test (4h) - demand zone test followed buy a break of previous high (---$$$---) - buying sentiment getting stronger Entry is identified by a green circle SL: 20-30 pips ; TP: 160260 pips
-Broke previous low -(4h) demand zone is the target - Bullish falling wedge pattern is being created on higher time frame (4h)-(D), Take a close look, the target of my trade would be stopping early buyers on short term demand zones ( $$$) all the way to the main (4h) demand. And once price reaches this zone, we will be looking for a long term BUY ---> (BLUE...
We had 2 successful prediction for this index previously. Technical always remains bearish and could be to target more demand liquidity. Price did reach all time high, so we could definitely be expecting a correction. Weekly candle just broke previous low --> this could mean a long term bearish view. And considering the fundamental facts, I believe price could...
*THIS TRADE IS AN UPDATED VERSION OF THE PREVIOUS IDEA ON US30. In the last post we had a very successful sniper entry. The setup however was not well predicted but our selling zones were respected !! Technical is very strong for a bearish view ! --> triangle Expecting a break of the triangle ! Target is the green circle ! Make sure to keep following for updates !!
This is just another sell idea ( yellow arrow ) following our entry ( previous post ) which is risk free and running at around 175 pips !! Technical remains a strong bearish view --> expecting a break of structure very soon Main target is the ( 4H ) demand zone ! Trade only during N-Y session and only if price is in the rectangle KEEP FOLLOWING IF YOU WOULD...
Trade based on supply and demand. Supply is now activated!
Technical analysis indicating a buy. Short term trade till it reaches the supply.
It's not too late to sell. Our target is our next trade. This setup is being respected just like anticipated in our previous XAUUSD idea and it is the exact same setup but with a new trading opportunity ( blue arrow ).
Bullish outlook on EURUSD is generally based on strong fundamentals and weakening of US dollar due to geopolitical tensions and more. Technical analysis : Broke previous high after successfully bouncing of demand zone ( confirming my overall bullish position ) which is set to an important key-level, followed by a demand zone on (15m T.F). Trade idea could change...
XAUUSD ( Gold ) has been trading bullish for a long time. Many triangle pattern are forming on both short and long term time frames. I am setting a position below the triangle pattern and expecting a clear retail stop. My position is based on news reports soon be released and a strong technical view on the market.
We had a successful bullish prediction ( sniper trade ) and now is the perfect moment to wait for a structure test where we would be buying because we got the confirmation already, break of previous high ( which was basically our trade ). There is more than enough liquidity to keep looking for short term bullish trades !
Able to see a reverse, volume is great, I believe we should break the coming highs and keep looking for bullish setups until we reach the identified area ( green circle ). Any other idea is possible but I stand hard on my setup and analysis. Positions are to be taken during NY session.
Just a little idea for US30, will be looking for entrance tomorrow after FOMC minutes. But my technical analysis remains solid. (Position is to be entered only during NY session). Definitely not expecting trade to go in my favor, but it is a numbers game ( W.R : 25% AV. RR : 1:7 ).