Based on the current trend analysis, we have identified a bearish divergence which suggests a potential reversal of the current upward trend. Therefore, we will initiate a short trade and aim to reach the current FVG, which was created by the recent news candle.
There is a bearish divergence shorter timeframe so looking for a short pull back with SL at the recent high.
This is a long setup where the price has broken previous structures and moved upwards before retracing back to our premium pricing zones. We plan to enter the trade from the 0.75 Fib level and aim to reach the recent highs. Our stop-loss will be below the recent low.
We are looking for a long trade because there is a bullish divergence observed on shorter timeframes which is a sign of trend reversal.
The current trend on the shorter timeframe is downward, but we have noticed a bullish divergence on the RSI, which could be a possible sign of a reversal. Therefore, we expect a pullback from here and have decided to open a long position. Our stop-loss will be at the recent low, and our take-profit will be at the recent high.
We are planning to enter a short position after the price breaks the current structure and moves downwards. We expect that the price will then move up to fill the imbalance. We will enter the short position when the price reaches premium levels, using the Fibonacci levels.
NAS100 is showing a bullish trend on higher timeframes. Therefore, we are currently searching for a short-term opportunity to enter into a long position. Based on recent price movements, we anticipate that it will form a higher low before continuing to rise. To enter into a long position, we will use the Fib premium pricing at 0.71 level retracement. Additionally,...
After observing a bullish divergence on the 5-minute timeframe, we are opening a long position on the 15-minute timeframe. Our take profit target is the recent high, and our stop loss is the recent low.
Natural gas has been experiencing a prolonged period of decreasing prices. However, there are signs of a trend reversal, as divergence is being observed on all timeframes, including week, day, and 4 Hours. This is an indication that the bearish trend may be coming to an end. On the 4H timeframe, the structure has broken to the upside, suggesting the possibility of...
Upon analyzing the market structure of EURUSD, it is evident that a bearish trend is prevailing. After observing the break of structure to the downside, we were expecting a pullback into the premium pricing zones using our Fibonacci levels. Therefore, we entered our trade from premium prices and will hold it until we reach our second take profit target.
Based on our analysis, we are confident that USDCAD is bullish. Therefore, we are setting a buy order after the structure break and waiting for the formation of a new HL. Our entry point will be at the 0.75 fib level.
EURGBP is currently consolidating, but we are highly confident in a bullish momentum due to the strong bullish divergence. We strongly recommend taking a long position until TP2 while placing an SL at the previous low to maximize potential gains.
Upon analyzing the AUDNZD trend, it's evident that the pair has been in a bearish trend for an extended period. According to the Dow Theory, which emphasizes the importance of trends and their confirmation, it would be advisable to enter a short position. This position can be maintained until the pair reaches its daily support level. Always ensure to use...
There is a bullish Butterfly Harmonic pattern forming on US30 with strong support, making it a favourable long setup.
There is a good support with hidden bullish divergence on normal candles. We will wait for a green heikin closing. If that happens, we will go long on NAS100 with a stop loss below support.
Based on the current price action, it appears to be a bullish trend. If the upper resistance is broken, we will go long. On the other hand, if it breaks the current higher low, it indicates a trend reversal, and we will short it.
UK100 is currently experiencing strong resistance levels in the market. To take advantage of the potential market scenario, we can consider opening a short position with a stop loss set at the resistance level. This will enable us to confidently anticipate a strong rejection and make the necessary trading decisions accordingly.
Based on the Dow Theory, it seems prudent to consider the sale of GBPUSD as the current trend appears to be bearish without any divergence. This suggests that the value may decrease over time, and thus, a potential opportunity for profit exists.