Hello everyone,
Looking at US30 here.
Daily candle is currently bearish. Had a huge liquidity grab with yesterday's candle. I'll be looking to to see if price will come down to touch 31441 area and flip bullish above 31660. Until then I will be looking for sells.
Let me know what you think! #HappyTrading
Miajah
Lead Trader @ Trader's Lounge
Hello everyone! Here's my analysis for GJ!!
Price is currently trading around a weekly resistance. Price was in this area in Jan' 22 and Oct '21.
We could potentially see a triple top or a possible break above due to higher low on 1W timeframe.
I will be looking for swing trades on 4H-1D.
Remember, we have to react to the market. I am on the look out for buys...
Hello everyone! Here's my analysis for GU!!
- I am seeing price currently struggling in consolidation between a supply zone the 0.38 FIB on the 4H.
*Next week I'll be looking for price to break out on either side of the market and I will take trades accordingly.
Let me know what you think! #Happy Trading
Miajah
Lead Trader @ Trader's Lounge
Hello everyone!! Here's my analysis for GJ!!
- Price is still moving in a bullish trend above the 50MA on the 4HR.
- I am seeing price currently in a supply zone on the 1D.
*Going into next week what I'll be looking for is to see if price will still hold the trend line on the 4H. I'll be looking for buys mainly since we're riding the trend line above the 50MA....
Hello everyone!!
Currently short on BTC.
- I took the sell on BTC after the trend line break, EMAs crossover, and retest. Bulls are holding this level for now but we could potentially see a decline to the $31K area to retest the lows.
- This is my first BTC/Crypto trade in a while so I went in with small size to test the waters.
Love to see how this plays...
Hello everyone! Here's my analysis for BTC/USD:
4H/1D - Price is currently showing bear flag pattern. We've been bearish since the drop off in November. BTC is still trailing under the 50MA. Price also has some room up to the GZ.
I'll be looking to see how price reacts to the GZ area & the 50MA!
Let me know what you think!
Miajah
Lead Trader @ Trader's Lounge
Hello everyone! Here's my analysis for GBP/JPY!
4H/2H - Price broke this trend line on 1/28. We broke right back above it too. I am currently seeing a bear flag on the 4H. I'll be looking to sell if price will break through the 155.xxx level to tap GZ and then start heading back down.
1D - Price still has room to move up to GZ. Although, I am seeing a reversal...
Hello, everyone! Here's my analysis for GBP/USD!
Price has just reached support on the Daily. We've seen consistent moves to the downside for this second half of January. These next few days should give us a clear outlook on how the market is going to react to this 1.34xx area. Also, a new monthly candle will open on Tuesday!
Here's what I''ll be on the lookout...
I took the sell on GJ due to multiple confluences. Price is in a consistent downtrend, reversal pattern off trend line, price makes another lower high, and bear flag pattern. GJ tends to move quickly sometimes but I plan to hold this trade for a few days, possibly over the weekend. Risk is a little over 1% so we're good to ride this baby out. Hopefully, price...
