Gold has broken the last level of resistance and looks like it can possibly continue up to the next 4h resistance. The London session has just started green, and it is possible for gold to move higher over the next few days. Also keep in mind that holiday markets have begun and can be slightly riskier during the holiday time for Christmas. Merry Christmas and...
Gold can potentially move to the upside as it has risen in the London session, it is possible to continue higher over the next few days perhaps up to 2035 an ounce or higher.
Gold has broken the 2039 level to the upside in the London session. It is possible that gold can continue higher. A potential bullish break of structure has formed.
Gold has opened up lower today. Supply and demand zones have been drawn out. We can potentially see a move back up from these levels. The Asian session has been quite quiet, in London we can see more buying volume.
Hi I have marked out some key levels on the chart from the day's trading. The Asian session high was marked with a yellow line, during the London session this level was broken to the upside as gold continued higher. During the London session a market structure shift formed and gold started to move down, this continued during the New York session. During the New...
In yesterday's New York session the EURUSD pair had a New York session high of 1.06736 and a session low of 1.06236, this was the range of the New York session. Going forward today I will have a look at the lows and highs of the Asian session to see where liquidity is sitting. Depending on whether you are long or short there will be a lot of buy and sell stops...
The EURUSD pair has been bearish this week. The first bubble at the top shows where the price tried to form a bullish MSS (market structure shift) or ChOCh (change of character), this happens after consecutive green higher highs, but the next higher high candle closed red, thus that was a failed MSS/ChOCh. Yesterday's price closed green on the day, this might form...
In the chart I have demonstrated some price action smart money concepts or smc within the Asian session. There was a sell side liquidity sweep where banks waited for a lower low to take retail liquidity and then entered long after a mss or market structure shift and FVG. A fair value gap was then formed or FVG for a bullish entry.
On the chart I have shown key levels where the EURUSD pair initially had a BOS or break of structure to the upside. There was then a buy side liquidity sweep and then a MSS or bearish market structure shift occurred after consecutive lower lows. Over the last few weeks the price action of the EURUSD pair has been quite bearish and can still continue to be bearish...
Thr USDJPY pair may he potentially bullish as the bulls have breached a strong sell liquidity zone recently. The chart may be continuing in a bullish trend on the daily chart, I have mapped out some key levels using a rectangle.
The EURUSD pair has been in a daily bearish trend since the bears breached the buy liquidity zone last week. I have marked a key level with a horizontal white line at 1.10457, if bulls can break this level higher the trend can become bullish for the time being.
Based on price action and the choch (change of character) and mss (market structure shift) concepts, which are some of the smc or smart money concepts, I have mapped out a liquidity zone that was taken out in the New York session by the bears. That bearish mss might continue, but I have also mapped out a potential liquidity zone that the bulls may penetrate later...
Based on price action and the choch (change of character) and mss (market structure shift) concepts, which are some of the smc or smart money concepts, I have mapped out a liquidity zone that was taken out in the New York session by the bears. That bearish mss might continue, but I have also mapped out a potential liquidity zone that the bulls may penetrate later...
The bears have taken out the bulls recently, Meta stock might continue to fall using the FVG price action strategy, the next liquidity level seems to be near the 255 area. Banks are long META, long term seems bullish still on monthly chart.
The EURUSD currency pair has been quite bullish on the daily chart over the last few weeks, as the price holds above the 200 day exponential moving average. The pair has tested the 200 day EMA several times now since late February and has continued its bullish trend. Whilst in a current bullish trend we may be seeing some exhaustion here, as the EURUSD may be...
GBPUSD technically has been bullish on the daily chart as the DXY has been quite bearish since November. The pound looks to continue its uptrend as with EURUSD. This is quite an overbought level there may be profit taking towards the end of the month also. I am looking for long buy trades at the right time, perhaps a little lower from here for a continued...
EURUSD has been bullish lately and may be starting an uptrend on the 6H chart potentially. We may see a slight sell off soon as we are approaching an overbought territory on the lower timeframes after a strong uprise. Look for potential entries to the upside.The other timeframes such as 8H 12H and the 1D are still quite bullish and I would be looking for long...
#EURUSD has recently had a big fall as the DXY has shown major strength recently. I think this is a possible buy area perhaps as the non-US FX majors are extremely oversold and the DXY is heavily overbought. I have marked some supply and demand zones on the chart. Currently we are in a potential support demand zone . I have taken a buy position recently and will...