BTC (D1) : SETUP BUY - Otc.04Hello Traders,
🔹BTC has a good entry at zone 26,500-27,000
🔹Target is 30k and RR : 1:2.6
Manage your capital correctly and carefull,
Goodluck to you !
Trendtrading
EUR/USD (D1) : SETUP SELL - Oct.04Hello Traders,
🔹EU was broked down the strong support zone, trend will be continuously
🔹My target for short entry is RR= 1:2
You can short when price pullback to support before (now it is new resistance)
Manage your capital correctly and carefull,
Goodluck to you !
View on CLHello Everyone
We've had a very bullish week on oil
World events influenced this no doubt, if it continues will have to be seen.
These are the levels I am watching.
Have a great weekend!
#Nikkei buying opportunitHello, traders and friends. I hope you all doing well.
Let's delve into NIKKEI chart and explore why we believe there may be a potential Buying opportunity.
The three-wave bearish corrective nature of this downward leg, following a bullish impulsive wave we observed on the chart, suggests the possibility of another bullish move, potentially testing at least the upper boundary of our longer-term bearish trendline channel.
Supportive confluences that we have observed include the inner trendline, which has acted as both resistance and support multiple times, indicating traders' awareness of its significance. Additionally, the price has reached a static support line and a demand area from above, both of which serve as important support levels. Furthermore, the price retraced around 50% of the Fibonacci level of the last bullish move.
Additionally, we've observed the formation of a 4-hour bullish engulfing candle, which can be seen as a trigger for this potential buying setup.
If you have found this analysis helpful, please take a moment to leave a like and a comment or share your idea with me.
#EURAUD H&S pattern confirmationHello, traders. I hope you all had a great week.
Let's take a closer look at the EURAUD chart, which currently appears to be forming a reverse Head and Shoulders pattern.
One positive aspect of this chart pattern is that the price has formed it within a strong support zone, including the Daily Bullish trendline and the previous Daily market top, which is now acting as support for the price. You can observe both of these elements when you review the Daily time frame.
The presence of a bullish chart pattern around a significant low or support area certainly enhances the likelihood of the formation moving in the expected direction.
Now, to execute this trade, I would recommend patiently waiting for a retest of the broken neckline and then targeting the minimum one-to-one price target of the head and shoulders target. However, it might be a good strategy to consider taking partial profits along the way up.
#GBPJPY Selling opportunityHello, traders and friends. I hope you are all doing well.
Let's delve into GBPJPY and explore why we believe there may be a potential selling opportunity.
As you can observe, the price has been in a bearish channel for the past few weeks, consistently reacting near the upper boundary.
This pattern suggests the possibility of a repetition, offering another favorable selling opportunity.
Apart from the bearish channel's upper boundary, we have additional factors supporting a bearish scenario. These include a supply area and a liquidity pool located just above the horizontal arrow line. Price could potentially move into this area, clear out liquidity, and then trend lower.
For us to consider taking this position, we would need to see a fake breakout above the arrow line, followed by a failure of the price to close above it.
If you have found this analysis helpful, please take a moment to leave a like and a comment.
💡AUDUSD: Waiting for the next trend🟡AUDUSD had another day of decline yesterday, but bar D1 yesterday closed 1/2 and had a long lower shadow, showing that there was buying pressure around the old bottom. Although the D1 AUDUSD chart structure is flat, it shows downward pressure because the bottoms are flat but the tops are getting lower.
🟡The H1 AUDUSD chart structure at this time is cumulative sideways. AUDUSD H1 today welcomes selling from the above resistance, and can change to buying if this resistance is broken, forming a short-term bullish structure.
EURJPY The yen may continue to declineInternational Monetary Fund (IMF) officials said that the yen's depreciation could further worsen as a result of the negative interest rate policy.
“As for the yen, we believe exchange rates are influenced by fundamental factors. As long as interest rate differentials persist, the yen will be under downward pressure,” said Sanjaya Panth, IMF deputy director for Asia and the Pacific. He spoke on the 14th of the month.
Japanese officials are under fresh pressure to prevent further depreciation of the yen. Investors now expect US interest rates to remain high for an extended period of time, while Japan will continue its negative interest rate policy. However, the IMF believes that intervention only makes sense when there are severe market abnormalities, an increased risk of financial instability, or sudden changes in inflation expectations. Asked whether the recent depreciation of the yen had prompted authorities to intervene, he said: "I don't think there are any of these three cases."
💡 GOLDOZ: Gold reversed sharply yesterday💡 Following recent dovish comments from some US politicians, investors are now awaiting Thursday's speech from Federal Reserve Chairman Jerome Powell for further guidance on interest rate trends. According to the CME Fed Watch tool, the market has priced in a 90% chance that the Fed will leave interest rates unchanged at next month's policy meeting. That number yesterday morning was 67%.
💡 Carlo Alberto de Casa, a market analyst at Kinesis Money, said current developments in the conflict between Israel and Hamas have made it less likely that the US Federal Reserve will raise interest rates in the near future. Stated. In this context, gold will benefit.
XAUUSD is Preparing to GO DOWN !In this trading idea, we'll explore a potentially profitable strategy for Selling gold by utilizing a combination of technical analysis tools. We'll focus on key factors such as critical support levels, Fibonacci retracement levels, order blocks, and trend reversals.
Support Levels: We'll closely monitor important support levels on the gold chart. These levels often act as significant barriers for price movement. A break below these levels can indicate a potential trend reversal or a strong bearish sentiment.
Fibonacci Levels: Fibonacci retracement levels are essential for identifying potential reversal zones. We'll use Fibonacci analysis to pinpoint key levels where price may encounter resistance or support, offering valuable entry and exit points.
Order Blocks: Understanding order blocks is crucial for spotting areas where significant buying or selling activity has occurred. We'll identify these zones to anticipate potential reversals or trend continuations.
Trend Reversal: Recognizing signs of a trend reversal is vital for shorting gold effectively. We'll analyze various technical indicators and chart patterns to identify potential shifts in the trend direction.
By combining these elements in our analysis, we aim to provide you with a comprehensive trading strategy for selling gold that maximizes profit potential while minimizing risk. Keep a close eye on these factors and stay prepared for potential market moves. Remember to perform your due diligence and risk management before executing any trades
💡GBPUSD: Analysis today 💡 GBPUSD accumulated sideways in H1, with no specific trend yet. Because the main trend in both D1 and H1 is slightly higher in the downward direction, the short-term solution of waiting to sell GBPUSD is the main trend. Only buy if the price breaks out to form an uptrend, and we will buy at the retest
#EURGBP buying opportunityHello, traders. Let's examine the EURGBP chart, where the price is currently completing a pullback to the broken short-term bearish trendline after a change in market structure towards the upside. This provides us with an opportunity to position ourselves in alignment with the higher time frame.
When you review the Daily timeframe, you'll notice a bullish impulsive move that has occurred. Since reaching the recent high, we've been experiencing a bearish corrective move until yesterday. The price reached a critical support area and formed a bullish engulfing candle, which closed above the high of the previous doji candle. This suggests that the bearish momentum may be coming to an end.
Following the formation of the daily bullish engulfing candle, on the 4-hour timeframe, we observed a downward move. The price retraced to approximately 50% of the previous day's candle and approached the 200 EMA. These factors provide significant confluence for considering a buy position from this area.
Furthermore, the price is currently testing the daily pivot area. Since the price opened above the pivot and is now testing it from above, this indicates that the price may continue its bullish momentum.
🌟 XAUUSD: Gold suddenly increased sharply. Next prediction🌟 The latest strong price push in the large H1 bar recently broke the recent peak, setting a new high price peak, continuing the upward price trend on H1 for gold. But at the same time, that strong H1 bar also caused gold to push above the upper border, a sign of overbought conditions. Because overbought is appearing in both time frames, H1 gold is best to wait for the price to drop before buying. In case the price is pushed to the bottom of the price range, the H1 downtrend will form because the price breaks the nearest bottom to create a lower price bottom. At that time, you can wait to sell.
XAU daily (1D) chart overviewXAU daily view. 1950 key important level. We are out of descending channel, but still new BOS is not formed. Price is still doing LH and LL. If 1950 is broken and price confirms above, we will have new HH. If price cannot brake 1950 - will be looking for shorts. Liquidity was swept and that’s a good sign for shorts. If it brakes and retest 1950 forming resistance to support - will be looking for longs. Fundamentals like war, feds decision not to hike rates may lead to a vey bullish moves.
Tracking DXY for NQ & ES FuturesHere is an example of how it is important to check the daily Bias on DXY if you are trading NQ or ES futures.
DXY is predominantly inverse the futures.
Knowing the daily bias and tracking DXY can give additional confluence to your bias/ direction for NQ & ES.
You can easily determine Bias for DXY and futures with the previous tutorial/ Tip I posted.
I hope you found this helpful.
#Oil buying opportunityHello dear traders and friends, I hope you are all having a great week. Let's take a look at Crude Oil prices, where it appears that the price has formed a support level around $80 to $82 after a 14% bearish move since the top formed in late September.
In the 4-hour timeframe, we can observe that the price has already shifted its bearish market structure to the upside by forming a new high. What's particularly noteworthy is that this high was formed from a higher low, indicating that sellers were unable to push prices any lower despite the prevailing bearish trend.
In the daily timeframe, things become even more interesting as the price has formed a significant bullish engulfing candle that has covered the last four daily candles. This suggests a high potential for upward movement. Additionally, in the 1-hour timeframe, we can see that the price is near a static support area, as indicated on the chart, and coincides with the daily central pivot area. This further supports the possibility of this area acting as a price low.
Apart from the technical aspects, we are also aware of the ongoing tensions in the Middle East between Israel and Hamas. The potential escalation of conflict and involvement of other countries can have a positive impact on oil prices.
Please also take a look at my other posted ideas which I'm sure you are going to like it and share your thoughts and feedback with me. Thank you.
🌟 EURUSD: Wait to sell at the right time🌟 EURUSD increased slightly in the last session and once again broke the falling price channel, reinforcing the possibility of creating a head and shoulders reversal signal. With these actions, the possibility of price increase is becoming more and more clear. If you still have a selling position following the downtrend, you need to set a stop loss above 1.06, do not enter new sell orders at this time. In case the reversal pattern is confirmed, the reversal traders may consider returning to the market.
XAUUSD: The trend is unclearWhile the Israel-Hamas conflict shows no signs of easing, Alexander Zumpfe, precious metals trader at Heraeus, said investors are increasingly looking for stable investment opportunities during times like these. so and gold once again met these expectations.
In addition to developments in the Middle East, investors are also keeping an eye on the stance of US monetary policy with the speech of US Federal Reserve Chairman Jerome Powell this weekend. According to the CME FedWatch tool, markets are forecasting a 90% chance the Fed will leave interest rates unchanged at its policy meeting next month.
💡XAUUSD: Gold's movements are complicated📚 Safe-haven demand will push gold higher in the short term. Tight enough monetary policy and rising energy prices could easily kill the global economic outlook, the need for safe-haven assets becomes clearer. High inflation and a fairly solid economy could suggest the Federal Reserve will continue to raise interest rates, but eventually the economy looks set to slow, if interest rates peak then a gold rally will last.
📚 We can see gold has spiked on Palestinian-Israeli conflict risk concerns and away from the 48-hour moving average on the H4 chart. While gold remains supported by growing safe-haven demand, the price will face challenging resistance at $1,950.
🔔 GBPUSD: Prediction for next week🔔UK inflation, although improving, remains high compared to other developed economies. The BoE will look at next week's unemployment data and average earnings figures after the jobs market reported positive figures and wages data recently crossed the 8% mark (a concern for the bank ).
💡 GOLDOZ: Be careful with Gold💡Last week, gold saw its best weekly gain since mid-March due to increasing safe haven demand as the Israel-Hamas military conflict shows no signs of abating.
💡In addition, the US announced tightening sanctions on Russian crude oil exports on Friday, causing oil prices to increase to 90 USD/barrel. Some analysts note that as oil prices continue to rise, gold's safe-haven role will help fight inflation, which is even more beneficial for gold.
💡Although the gold trend is receiving a lot of attention, some analysts warn investors to be cautious and not chase the market. While gold remains well supported by growing safe-haven demand, gold prices face challenging resistance at 1,950, said Ole Hansen, commodity strategist at Saxo Bank. USD/ounce.
🔔BTCUSDT🔔In the weekly time frame, after breaking the blue upward trend line, the price was in a several-week trend that fluctuated between the ranges of 25,000 and 30,000, and today, after a pump, it reached the resistance range of 30,000, and from there, the price was strongly rejected. This shows the importance of the desired range. During this period, the price tried to break the 30,000 range 3 times, but was disappointed in all 3 times and it seems that there is no more force left for it to break the desired range. We expect the price to fall from this range and finally end its downward trend from the range of 19,000 to 20,000 or the range of 15,000 to 17,000...
WOMAN , LIFE , FREEDOM ✌
💡AUDUSD: Waiting for the opportunity💡The H1 AUDUSD chart structure is bearish as the price creates a new low. The rebound to retest the recent peak of AUDUSD could be an opportunity to sell, following the downtrend of H1 and the downward pressure of D1. If AUDUSD H1 breaks above, the AUDUSD H1 structure will turn bullish, then you can wait to buy again.
