Price rebounded from the daily support zone, breaking structure (BoS) and confirming a bullish shift with CHoCH. A strong push from my buy-side POI cleared liquidity ($$$), fueling further upside. Now watching for reactions at the weekly psychological level for potential continuation or reversal.
So, here’s what I’m seeing on this setup. Price recently made a Change of Character (ChoCH) to the upside after reacting off the 4-hour buy-side Point of Interest (POI) (the blue zone). That move gave a strong bullish push, showing that buyers are stepping in aggressively. Now, after the break of structure, price retraced into a discount zone, tapping into a...
Hey guys! It’s been a while, but I’m back now, and we’re diving straight into the charts. 🚀 Looking at BTC on the 15-minute timeframe, we just had a strong bullish push into a key area of interest—the 99,442 daily key level—which also aligns with a supply zone. Right now, price is stalling in that zone, showing some hesitation. Here’s my outlook : 📌 I expect...
On this 4-hour Gold (XAU/USD) chart, I’ve identified a potential buying opportunity at the Point of Interest (POI), but I’ll only enter after getting clear confirmation. My Observations 1. Market Structure Shift: There’s a Change of Character (CHoCH) on the chart, suggesting a potential shift from bearish to bullish momentum. This gives me a reason to start...
Key Context - Choch (Change of Character): I identified a clear Change of Character (ChoCH) at the marked level. This shift indicated a potential bearish move as the market transitioned from a higher-high structure to lower-lows, confirming bearish intent. Premium and Discount Zones: I used the Fibonacci retracement tool to divide the range into Premium...
In this chart, I’m analyzing Bitcoin’s price action on the 1-hour timeframe. The key areas I’m focusing on are the break of structure (BoS) zones and a potential price reversal. Here’s the breakdown: Break of Structure (BoS): I’ve marked two significant BoS levels where the market broke previous support levels. This indicates a shift in market sentiment...
Looking at the Bitcoin 1-hour chart, I’m expecting price to move up from the current price level or anywhere within this POI (Point of Interest) region. Here’s why: Market Structure The overall structure suggests we are in a broader range-bound phase, with price cycling between premium and discount zones. Currently, price has tapped into the premium-to-discount...
The current structure on GBP/USD shows a potential bullish scenario unfolding as price reacts from a significant zone. Here's the breakdown of my analysis: Support and Rejection: Price has tapped into a well-defined support zone around the 1.2500 - 1.2510 region. This area aligns with the lower boundary of the discount zone, where buyers seem to be stepping in...
This is my recent analysis of Bitcoin (BTC/USD) on the 1-hour chart. The focus is on identifying key areas of interest, including Points of Interest (POI), supply and demand zones, and the premium/discount levels in the market. Key Highlights Market Structure and Choch (Change of Character): A clear shift in structure (Choch) was observed around the marked...
This is a bullish setup on Bitcoin, though for a short run before we enter the major SELL we are waiting for
Here’s a write-up for the analysis: --- GBP/JPY 15-Minute Chart Analysis (Dec 23, 2024) This chart captures the current price action of GBP/JPY on the 15-minute timeframe, showcasing key structural points and potential trade opportunities. Market Structure A clear Change of Character (CHoCH) was identified at multiple points, marking shifts in the market...
Here’s a detailed explanation of my GBP/USD analysis on the 1-hour chart: --- The chart highlights key structural points and psychological levels, forming the basis of my trade setup. Market Structure and Key Levels: I identified multiple Break of Structure (BoS) points, signaling the continuation of the prevailing bearish trend. However, the marked Change of...
Here’s a detailed explanation of my GBP/USD analysis on the 1-hour chart: --- The chart highlights key structural points and psychological levels, forming the basis of my trade setup. Market Structure and Key Levels: I identified multiple Break of Structure (BoS) points, signaling the continuation of the prevailing bearish trend. However, the marked Change of...