arpitdahal

arpitdahal

On Tuesday, we hit TP, but the price retraced back up during the NY session. Here’s how we approached the setup: Key Steps: Pre-London Setup: The first candle closed above the marked zone. Analyzing 4H Rejection: A massive rejection wick on the 4H candle indicated this could be the top, suggesting a possible retracement. Fakeout Anticipation: The next candle...

arpitdahal

Yesterday, GBPJPY created a significant low and found strong support around the 184.000 level, leading to a bullish rejection and forming a daily candle with clear rejection signals. Given this price action, there are potential buy setups to watch for during the London session. However, it's important to stay cautious as we have PPI news scheduled for 10:30 PM,...

arpitdahal

GBPJPY Bearish Continuation Observed During the Asian session, we've seen a clear bearish continuation on GBPJPY. A key level has formed in the 185.500 - 185.400 range. We will be waiting for a potential setup within this zone, as price action here could give us insight into the next directional move. Patience is key, and we’ll wait for the right signal...

arpitdahal

British Pound Japanese Yen - GBPJPY - 10/09/2024 Today, we were closely watching the Previous Daily High (PDH) as a key level. The plan was simple: if the price breaks above the PDH, we’d expect to see some bullish momentum, signaling buyers taking control. Previous Daily High (PDH): If we break this level, it usually means the market is moving higher, and we...

arpitdahal

GBPJPY - 09 Sept 2024 Analysis: 1. Market Behavior: - GBPJPY typically moves from zone to zone - Respects 4-hour structure points 2. Trade Opportunity: - Sought selling opportunity at London open - No bearish signal observed, resulting in no trade execution - No setup = No signal = No trade - Strong bearish candle closed before New York open...

arpitdahal

XAUUSD/Gold analysis. Rules to follow when following the analysis. Always wait for 30m to 1hr candle closure above or below the range for entry. It is always better to calculate if the range is wide enough to take the trade or not (R:R). Only risk 0.5% to 1% per trade and scale out when price goes in profit for 10pips+. SL above/below pre. candle high/low.

arpitdahal

GBPJPY analysis. Might see low volume because of holidays on Monday so best to avoid trading. Rules to follow when following the analysis. Always wait for 30m to 1hr candle closure above or below the range for entry. It is always better to calculate if the range is wide enough to take the trade or not (R:R). Only risk 0.5% to 1% per trade and scale out when...

arpitdahal Updated 

Gold is currently ranging between 1964 - 1956. 30m - 1hr candle closure above or below our range is perfect setup for gold to buy/sell for quick scalp. With no high impact news on gold and since it is end of the week we might see slow or less volume but ongoing tensions between Ukraine and Russia might give us volume and sudden spike in the price. Rules to...

arpitdahal Updated 

GJ is currently on it's ATH since 2016. If we push above the range, we might tap 162 easily. 30m - 1hr candle closure above or below our range is perfect setup for GJ to buy/sell for quick scalp. GBP: Retail Sales m/m Medium impact news is expected later in the day. Rules to follow when following the analysis. Always wait for 30m to 1hr candle closure above...