Analyze XAUUSD Price Action in All Scales Part 1Let's Looking at XAUUSD Price Action and Read all Scales of the Market for finding some Trade Opportunities, Good Luck With Your Trades <3
Fractal
24-Sep-24Price is in the "middle" as we approach the end of the month. This can cause a gradual tightening of leverage at the upper and lower bounds of the range.
This can cause a range squeeze, where alternating upper and lower breakouts gradually expand the range, resulting in a megaphone formation.
Uptrend is coming to an endUsing Elliot Wave and COT data, I am making a case that gold is probably topping out very soon and a sharp correction should follow. When everyone is bullish, that's typically not a good time to be bullish.
Higher timeframe resistancePrice mitigated the internal daily supply zone, which is now acting as the highest timeframe resistance. After the mitigation a retracement occurred in a corrective manner to give us a contraction before the volatile move that cleared the swing low at 2.12600. With the swing low being cleared, we have a shift and price has already triggered the breaker block as indicated. We now was liquidity generated about, looking for the liquidity to be swept and the order block to be respected for a clean bearish entry at 2.13200. The stop is 30 pips which is at 2.13500 and the target is 2.11700 which is a total of 150 pips, the anticipation is a 1:5 trade…
BTC 9/23/24💹
👁️ Outlook
30m Context Time Frame: Price has been breaking bullish and just came off the 50ema. I would like to see price come back to the 10/20 ema on the 30m time frame before dropping down to the 6m time frame to look for longs
Daly Bias: Bullish
Keeping an eye on this. 👁️
USDJPY 9/23/24💹
👁️ Outlook
30m Context Time Frame: Price have been breaking bullish and surfing above the emas. Price had just came off the 50ema and I would like to see price come back to the 10/20 emas on the 6m time frame for a valid pullback before looking for longs.
Daly Bias: Bullish
Keeping an eye on this. 👁️
XAUUSD 9/23/24💹
👁️ Outlook
30m Context Time Frame: Price has been breaking bullish and been surfing the 10/20ema. I would like to see price tap the 10/20ema on the 6m lower time frames before we make a push higher before looking for longs
Daly Bias: Bullish
Keeping an eye on this. 👁️
Using Probability to Guide My Long Positions on NZDUSDThe NZDUSD pair is showing bullish potential due to several key factors.
Recent US inflation data came in softer than expected, which could lead to a more dovish stance from the Federal Reserve.
Additionally, the Fed's recent interest rate cut is likely to weaken the US dollar, benefiting the New Zealand dollar.
These factors, combined with NZDUSD's positive momentum over the past week and month, support a bullish outlook for the pair.
To capitalize on this potential, I'm using probability-based analysis to enter long positions. By focusing on high-probability setups, I aim to achieve more consistent results over time.
12M:
2W:
1H:
I’d love to hear your thoughts on the NZDUSD outlook and my trading strategy. Please share your insights or questions in the comments below!
Analyze GBPUSD Price Action in All ScalesLet's Looking at GBPUSD Price Action and Read all Scales of the Market for finding some Trade Opportunities, Good Luck With Your Trades <3
23-Sep-24 UpdateToday's forecast started off well, but my targets are now deeper.
The red magnet represents a liquidity pool created by the recent high, which was made below a big even, also while trading is around the mean.
After the supply zone is filled, I think we will drift down to touch the bottom of the demand zone represented by the green magnet.
Longer term view:
Analyze EURUSD Price Action in All Scales Part.2Let's Looking at EURUSD Price Action and Read all Scales of the Market for finding some Trade Opportunities, Good Luck With Your Trades <3
Analyze EURUSD Price Action in All Scales Part.1Let's Looking at EURUSD Price Action and Read all Scales of the Market for finding some Trade Opportunities, Good Luck With Your Trades <3
NAS100 9/23/24💹
👁️ Outlook
30m Context Time Frame: Price is looking very good above the emas coming off of the 200/50/20/10 and now surfing the 10/20. I personally want price to come closer to the 10/20 during NY session and see some type of pullback before looking for longs inside my lower time frames.
Daly Bias: Bullish but needs to pullback into the 10/20emas
Keeping an eye on this. 👁️
23-Sep-24This is an update to the last two forecasts, I'm still looking for a megaphone pattern to repeatedly squeeze short and longs. I think price will gradually move up, but with a lot of volatility
Market Insights: Why Now is the Time to Go Long on SPX500USDThe S&P 500 continues to show resilience, and my overall bias remains bullish. Several key fundamentals support this outlook:
1. Cooling inflation: Recent data suggests inflation is moderating, potentially easing pressure on the Federal Reserve.
2. Strong labor market: Unemployment remains low, supporting consumer spending and economic stability.
3. Technological advancements: Ongoing AI and tech innovations are driving productivity and growth across sectors.
4. Corporate earnings resilience: Many companies are adapting well to the current economic environment, maintaining profitability.
To capitalize on this bullish trend while managing risk, I'm utilizing probabilities in my chart analysis to identify optimal entry points for long positions.
12M:
2W:
12H:
I’d love to hear your thoughts on this trade idea! What are your views on SPX500USD? Feel free to share your insights and opinions below!
ALTCOIN MARKET UPDATEALTCOIN MARKET UPDATE
this is the bullish option obviously. that long term momentum looks,,, well placed. nicely shaped.
zoom in for various fractals; will be tracking them to see which one fits best but they share quite a few key targets.
that is if the bull is in control here.. pretty convinced.. guess it depends on the US election, ukraine etc
gl
