xAB777

xAB777

hello guys , today we are looking at AUDUSD , this pair provides a very good opportunity for a bullish setup on the daily tf the price made a double bottom and broke its neckline however on friday the daily candle closed as an inverted hammer. it is possible that the price might pullback towards the neckline to do a retest that also overlaps with the 4h...

xAB777

hello guys i hope you are having a good week , today i am looking at USDJPY this weekly candle on usdjpy closes as a hammer looking like candle indicating buy. for the daily tf the price started consolidating for a while now (accumulation) , since friday candle closed as inverted hammer am guessing monday we are going to see a red candle possible the candlle...

xAB777

hello guys , i think xauusd is bearish the market structure on high time frames is brearish todays candle closed as an inverted hammer tommorow will probably be a red candle add to that the price formed a double top pattern the break out of the trendline + key level will cause a price to make a lower low lower then 1980 . DXY has a massive inverted head and...

xAB777

Head and shoulder on keylevel + rejection on supply zone + break of trendline the market is likely going to drop DXY also wants to go up after the drop it is possible that the price will go up again if we see a reaction on the highlighted zone on a higher time frame the martket formed a double bottom and broke neckline if the bearish scenario occurs the drop...

xAB777

Hello traders . i think for nasdaq the market is still bullish , if the price manages to give a bullish reaction on the area it is likely that it going to give a trend continuation for bears out there if you wanna sell look for shorts on round numbers / Psycological levels but don't hold for long its agaisnt the trend i think its going to keep going and...

xAB777

Hello guys , it seems usoil started a bullish reversal after Breaking the neckline of the double bottom and an important keylevel on the daily tf. if the price manages to do a pull back towards the area where the trendline + poc + demand zone is it could give a great great buying opportunity . Update the PULLBACK was done exactly as expected am waiting for...

xAB777

beautiful potential setup on eurgbp. i combined some SMC and Price action for this one follow me i post setups daily !

xAB777

hello guys , after today it seems like gold want to move up here is why : first of all On the daily time frame we have a double bottom Today the price broke a key trendline which he rejected for quite some time the price also broke last 30 days point of control (poc) which means buyers beated the sellers. also the close of the daily candle indicates a...

xAB777

hello guys NZDUSD Formed an inverted head and shoulder on a daily key level during the formation the price rejected a supply zone many times it also plays now as a neckline for the pattern if the price manages to break and retest it may be a very good entry for a buying opportunity

xAB777

gbpjpy has been ranging all week the pair is preparing for a major move likely to the down side the last few daily candles are rejecting the sell zone that i indicated in my previous analysis please check it out below .

xAB777

Hello Guys the major trend on daily time frame is still bullish but the minor trend is still bearish it looks like its about to reverse soon after the formation of the pattern

xAB777

Hello guys , it seems usoil started a bullish reversal after Breaking the neckline of the double bottom and an important keylevel on the daily tf. if the price manages to do a pull back towards the area where the trendline + poc + demand zone is it could give a great great buying opportunity . lets wait and see !

xAB777

hi traders , since the summer gbpjpy has been trading inside a channel on the daily tf . we can see the price approaching the sell area where we have a resistance + bearish trendline it is very likely that we see a bearish move from there id wait for extra confirmation. right now the only comfirmation we have is the close of friday candle that closed as a...

xAB777

since last week gold had a very indecisive and unclear price action the overall direction was unclear but since geopolitical situation is getting serious and serious i think we should be looking at the bullish direction. i have found a pretty good scenario with a good entry if a bullish move occurs . First the price reached a daily keylevel and fibbonacci...

xAB777

In the world of technical analysis, the double bottom pattern holds a special place for traders. However, the way this pattern is interpreted can vary, especially when comparing the traditional price action approach with the more intricate Smart Money concepts. Traditionally, a double bottom is identified by the formation of two distinct lows, approximately at...

xAB777

Hello guys in my opinion gold global direction is still unclear at the moment . but for today we can see this possible scenario happen its very likely that we see a drop towards 2050s. the price reached a resistance level and formed a double top broke and retested the neckline but in the 1h we kind of have an invertd hs forming . i would look for more...

xAB777

Hello traders so gold was ranging all day on friday and formed a ugly head and shoulder figure with rsi divergence indicating a bearish breakout . indeed before the market close the price managed to break structure and the demand zone for monday am expecting maybe a correction and a retest towards that level before a bearish continuation if the price give us a...

xAB777

a nice possible setup for today ahead of cpi data . the trend is bearish + gold is trading in a channel + rsi bearish divergence id wait for a double top or a hammer on the top of the channel for extra confirmation