US OIL - Short IdeaPrice is finally showing a displacement to the downside, which allows us to start looking for pullbacks for a potential Short Position.
Aiming to get a pullback to the upper OB, or OTE.
Cfds
GBPUSD - Long IdeaProjecting price pulling back until 50% of previous Bearish impulse. A rejection in this area would allow us to keep searching for shorts until Next Liquidity
US OIL - ShortWe've observed the price successfully mitigating the latest bearish impulse at the Optimal Trade Entry (OTE) level. Additionally, lower time frames are indicating a break of structure, suggesting a potential shift in the market's character. With the OTE mitigation already in place, our strategy now involves exercising patience and awaiting further developments.
USDJPY - ShortWaiting for a pullback on the OTE Level. We also have a sweet 15m OB waiting for being mitigated.
NASDAQ ShortAiming to get a pullback to mitigating previous Bullish Impulse.
Now price gave a BoS, and I am waiting for the mitigation of the OTE.
USDJPY Short IdeaExpecting price to mitigate the 50% of the previous Bullish Impulse. Now, we had our first Bearish signal, and a Sell Limit is sitting at the OTE Level of the latest impulse. We also have the confluence with a 30m OB+.
NAS100 LongEnough Bullish confluences:
- Internal Break of Structure
- Major Swing High Taken
Now waiting on the OTE Level, that also has a OB+
Gold ShortAs I was expecting, pullback to the OTE Area. We also have a good OB, and 5m confirmation.
AUDUSD LongI am still projecting the mitigation of the 50% of the latest Bearish Impulse.
Now, I would wait an intra-day Pullback, to the OTE Area. Also, there's a 5 minutes Demand Zone.
NZDCHF ShortExpecting price to continue with the Bearish Order flow, delivering lower prices, after mitigating the OTE Area, and after taking liquidity.
US Oil - 50% Pullback LongThe idea is to mitigate the 4H FVG, and to pullback to the 50% area of the latest Daily Impulse.
Now, the price is showing Bullish biases, and setting up a nice entry for Longs
USDCAD ShortFollowing the Idea of getting the pullback of the latest impulse.
Let's see if we can get Lower Lows
EURJPY - OB MitigationWaiting on a Mitigation on a 30m OB. We also have liquidity resting, that could lead price to rapidly move towards our Sell Limit
NQ Pullback to 50%I am still waiting the 50% Pullback on the latest Bullish Impulse.
Said this, I would disregard the analysis if the Price closes above 174646.
US OIL PullbackThe price did a new Low, hence we have to update the 50% Pullback Area.
I am Bullish until that Level.
Gold's Maintenance of Record Levels - Following Trend - TADear Esteemed Members,
Gold holds record levels, as the price is above its moving averages and the upper Bollinger band, indicating a strong bullish trend and a high volatility. The price could update the previous high in a wave y, and reach $2100 soon. RSI, stochastic, and OBV, to confirm the validity and strength of the trend.
Kind Regards,
Ely
NDX100: Thoughts and Analysis Today's focus: NDX100 (NASDAQ)
Pattern – Continuation.
Support – 15,765
Resistance – 16,115, 16,085
Hi, and thanks for checking out today's update. Today, we are looking at NDX100 on the daily chart.
Today's video asks if NDX100 will continue to move higher after starting to break out of a range consolidation pattern. When these patterns are seen in uptrends, we tend to look at them as continuation patterns with a new breakout higher confirming the pattern.
We have run over what we are watching and things we want to see to confirm a new leg higher or things that could set some alarm bells for a potential fail or continued consolidation.
After Friday's higher-than-expected jobs data, the NDX100 started to confirm a breakout. Price is close but hasn't yet broken out, and resistance remains in play.
Will buyers shake off a weaker start to the week and push the price into a new up leg?
Good trading.
#OIL potential reverse Head and Shoulder formationHello dear traders. Let's take a look at the oil chart for today and identify the potential Reverse Head and Shoulders chart pattern formation.
As the price reacts to the bearish 4-hour timeframe channel , it seems to be forming a Reverse H&S pattern, which could potentially result in a bullish outcome for the price in the coming days.
We observe good synchronicity between the two shoulders around the head, with approximately the same amount of time taken to form the pattern. Additionally, the price has established a well-defined neckline, which, in the case of an upside breakout, can act as support thereafter.
As you may know, the H&S chart pattern is considered complete once there is a valid penetration of the neckline ; until then, the pattern is considered tentative.
If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
UK100: Thoughts and Analysis Today's focus: UK100
Pattern – LH decline
Support – 7375 - 7250
Resistance – 7466 - 7710
Hi, and thanks for checking out today's update. Today, we are looking at the UK100 on the daily chart.
Today's video asks if the UK100 will continue to move lower after setting up a few beach technical signs. What do you think about the reasons presented in today's video update? Are the lower highs after the trend break and failed rally yesterday a new momentum shift to sellers in the short term?
We continue to look at major index influences and watch today's UK GDP. If buyers are able to reverse today's selling and break the 7466 resistance, this will cancel out this sell idea.
Good trading.
GER30: Thoughts and AnalysisToday's focus: GER30
Pattern – LH - Lower support test
Support – 15,055 - 15,015
Resistance – 15,287 - 15,504
Hi, and thanks for checking out today's analysis. The GER30 daily is today's focus. Due to the tragic events over the weekend, we have seen stock futures trading lower into the new week. The GER30 is testing Friday's firm finish and could be forming a new lower high. The key here will be if sellers can be price back down to test 15,055 - 15,015 support. A break set up a continuation of the med-term downtrend.
If buyers can reject today's selling and break back above Friday's high, this could suggest a new higher leg and a possible test of 15,504.
Good trading.
XRPUSD playing out like a google search trendXRPUSD playing out like a google search trend. this is not FA. This is lines on a chart. this is not FA. This is a screenshot from the future sent by a buddy of mine in the future PEPPERSTONE:XRPUSD
ASX200: Thoughts and AnalysisToday's focus: ASX200
Pattern – Support/ Regular Divergence
Support – 6885
Resistance – 7000 - 7070
Thanks for checking out today’s update. Today, we have run over ASX200, breaking down the overall price picture, levels, and patterns and incorporating moving average and RSI into the analysis.
Interest today starts from the support hold we are watching from 6885. This lines up with the bottom of the overall range. We can also see regular divergence forming with price holding at this support point. This could set off a new rally that could get back up to test 7000.
If this level of support breaks and price closes below, this could break the range and set off a new overall downtrend. Are stocks a bit oversold at this point? Keep in mind we have US employment data due out this Friday.
Have a great day and good trading.
UK100: Continuation watchToday's focus: UK100 Index
Pattern – Continuation Pattern
Support – 7629 - 7588
Resistance – 7720, 7916
Thanks for checking out today's update. Today, we have run over UK100, breaking down the overall price picture, levels, and patterns and incorporating moving average and RSI into the analysis.
The primary focus of today's look at the UK100 is the current uptrend, forming a new higher low in today's session. This continues to push the case for a new leg high from buyers. Resistance at 7720 is the first big test, and if we can see a new move up, this level needs to be cleared to break the current range.
If today's fightback from 7629 support fails, we could see a move that may try to retest the range base. We will be watching Price and mainly Buyers over the next several sessions to see if we get a breakout.
Good trading.
