Forexforecast
GOLD (XAUUSD) PROJECTIONXAUUSD was seen in a tight range and has failed to come out of the range.
We're optimistic that when a break is observed to the up side / down side? as seen in the chart, there will be a supply to the north or south depending and which direction the it heads.
At this time we remain skeptical and would continue to trade in the range by selling at resistance and buying at support levels.
Institutional Liquidity Orderflow 📉📉📉Hi guys! I would like to briefly explain my strategy, I use liquidity to understand where should market go .
🏦 Liquidity is basically a zone in the market where a lot of stops are located both retail/ institutional, I will look to enter near that area but only after the manipulation on the buy-side or sell-side liquidity to all my trades with "Smart Money". as known as "Wall Street"
You can separate the Liquidity Concepts in two areas.
✅ Buy Side Liquidity - area of the price where sellers put their stop loss, its located on old highs, equal highs (Resistance) above double tops, above key psychological numbers
✅ Sell Side Liquidity - area of the price where buyers put their stop losses, usually below old lows, below equal lows(support), below psychological key levels.
‼️ REMEMBER
Dumb Money sell at high
Smart Money SELL ABOVE THE HIGH
Dumb Money buy at low
Smart Money BUY BELOW THE LOW
Using this concept as i explained you will have less stop losses because you will allign your trades with institutional orderflow.
I attached couple photos so you can have a better understanding.
BULLISH EURUSD!! - Analysis FOREXOANDA:EURUSD
My speculation will be BULLISH in the next couple of days for EURUSD Pair!
As seen we are forming a parallel upwards slope. Indicating a possible bounce support on the dynamic support zone.
Why this Speculation?
1) Dynamic support zone is being retouched in a uptrend (higher high & lower lows)
2) CCI is rising UPWARDS under the undervalued area
3) Price will probably burst thru this dynamic volume indicator as this is a discount area - Seen as previous data OANDA:EURUSD
When we would be a perfect entry? - MOST IMPORTANTLY WHEN SUPERTREND TURNS GREEN
Dynamic trend line retest ✔️
CCI ✔️
Moving above dynamic profile vol. ✔️
SUPERTREND (customized) TURNING GREEEN ✔️✔️✔️
Other scenario would be a break of previous supply area and it would turn out as opposite
Take a 75 pip profit
- David van Delden
DOLLAR INDEX USD MID TERM BEARISHNESSZEYAN here!!!!
IM EXPECTING THE DOLLAR TO GET WEAK IN MEDIUM TERM
This is the end result of my analysis; I analyze the market using a very unique method for trend and entry; please do not take this information at face value; conduct your own research.
If you want me to analyse your charts, please let me know in the comments.
THIS IS IN NO SHAPE OR FORM A FINANACIAL ADVISE
If it was helpful, you owe me a like!!
gbpjpy correctionhello, GJ has been in an impulse move and now its doing a correction after do a correction and then test to 161. Right now on fib level we are on 61.8% on HTF means reversal and we also have a wick which shows price exhaustion. While for structure its showing a sell although you have to keep in-mind the overall trend which a bullish trend. More so, I can see divergence on the daily chart but sometimes divergence can tend to take long to act out. Wicks always show exhaustion so pay attention to them Kindly make sure you have all your confluences in-line.
Share with me your thoughts.
JESUS LOVES YOU AND DIED FOR YOU <3
CHF/JPY GETTING READY FOR THE CREATION OF THE NEXT HIGHER HIGHMonthly
The price is currently creating higher highs and higher lows. We could expect a creation of a new higher high.
Weekly
The situation is the same as monthly time frame. The price is creating higher highs and higher lows. The price is getting ready to create a new impulse.
Daily
The price was creating lower highs and lower lows. Currently the price is creating a higher lows. The price is now in confluence with monthly and weekly. We could expect the creation of a higher high in the weekly time frame.
AUDUSD > Prepare for Short Sell on Tf Hourly , 4H & Daily
AUDUSD > Prepare for Short Sell on Tf Hourly , 4H & Daily
AUD-USD
Weekly > OverBought
Daily > OverBought + Double Top
4H > Overbought + #RedArea + Mid Band Breakdown
1H > SideWay at Bottom
#Note: Ready to sell short on Tf Hourly & 4H:
Shot Sell if BBox Breakdown ( Support ) Tf Hourly
or
Short Sell if the Pullback fits above Hourly
( More komfom if Candel LL and C < Mid Band on Tf 4H )
#iQTrader #SaDis
#Fx #FOREX💰
#ChartDiscountEverything