CAD-JPY Bearish Bias! Sell!
Hello,Traders!
CAD-JPY broke both the
Rising and horizontal
Support line which are
Now resistance areas
And the breakout is
Confirmed so we are
Bearish biased and we
Will be expecting a
Further bearish move down
Sell!
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Ict
Master ICT Weekly Profiles❔ What Are ICT Weekly Profiles?
ICT Weekly Profiles are conceptual frameworks designed to illustrate common patterns of price behavior observed during a trading week. These profiles help traders analyze and anticipate potential market movements based on historical tendencies and recurring patterns.
Each ICT Weekly Profile has distinct characteristics, providing insights into how price action might unfold within a given week. However, it is essential to emphasize that these profiles are not definitive predictions but tools for understanding market tendencies and guiding decision-making.
Detailed explanations of each ICT Weekly Profile, accompanied by examples, are provided below.
🌟 Classic Tuesday Low of the Week Bullish
In a bullish scenario, the market often exhibits a manipulative move on Monday, hovering above a higher time frame discount array.
By Tuesday, the price typically retraces into this higher time frame discount array, establishing the low of the week before resuming its upward trajectory.
To anticipate this behavior, it is crucial to identify the higher time frame discount array.
If the market does not drop into the discount array on Monday, it is highly likely that Tuesday will see a drive lower, forming the weekly low during the London or New York session.
👉 Classic Tuesday High of the Week Bearish
In a bearish scenario, the market may exhibit a manipulative move on Monday, hovering below a higher time frame premium array.
On Tuesday, the price typically rises into this higher time frame premium array, establishing the high of the week before resuming its downward trend.
To effectively anticipate this behavior, it is essential to identify the higher time frame premium array.
If the market does not rise into the premium array on Monday, it is highly probable that Tuesday will witness a drive higher, forming the weekly high during the London or New York session.
ℹ️ Wednesday Low of the Week Bullish
In a bullish market, price action often exhibits manipulative behavior on Monday and Tuesday, hovering above a higher time frame discount array.
On Wednesday, the price typically drops into the higher time frame discount array, establishing the low of the week before resuming its upward movement.
Key Insight:
To anticipate this phenomenon, it is crucial to identify the higher time frame discount array.
If the market does not drop into the discount array on Monday or Tuesday, it is highly likely that Wednesday will see a drive lower, forming the weekly low during the London or New York session.
🔗 Wednesday High of the Week Bearish
In a bearish market, price action often displays manipulative moves on Monday and Tuesday, hovering below a higher time frame premium array.
On Wednesday, the price typically rises into the higher time frame premium array, marking the high of the week before continuing its downward trajectory.
Key Insight:
To anticipate this phenomenon, understanding the higher time frame premium array is essential.
If the market does not rise into the premium array on Monday or Tuesday, it is highly probable that Wednesday will see a drive higher, forming the weekly high during the London or New York session.
🟢 Consolidation Thursday Bullish Reversal
In a bullish market, price may consolidate from Monday through Wednesday before running the intra-week low and rejecting it, forming a reversal.
How to Anticipate:
Identify the higher time frame discount array.
If price fails to drop into the discount array earlier in the week, Thursday may see a drive lower due to market-moving news or an interest rate release, typically around 2:00 PM (New York local time).
ⓘ Consolidation Thursday Bearish Reversal
In a bearish market, price may consolidate from Monday through Wednesday before running the intra-week high and rejecting it, forming a reversal.
How to Anticipate:
Recognize the higher time frame premium array.
If price fails to rise into the premium array earlier in the week, Thursday may see a drive higher triggered by market news or an interest rate release around 2:00 PM (New York local time).
📈 Consolidation Midweek Rally Bullish
When price is bullish and consolidates from Monday through Wednesday, it may run into the intra-week high and expand higher into Friday.
How to Anticipate:
Look for a scenario where price has yet to reach the higher time frame premium array but has recently rallied from a discount array and paused without any bearish reversal signals.
This suggests the price is preparing to expand higher towards the premium array.
🔴 Consolidation Midweek Decline Bearish
When price is bearish and consolidates from Monday through Wednesday, it may run into the intra-week low and expand lower into Friday.
How to Anticipate:
Identify if price has yet to reach the higher time frame discount array but has recently declined from a premium array and paused without any bullish reversal signals.
This indicates the price is likely to expand lower towards the discount array.
⛔ Seek and Destroy Bullish Friday
This is a neutral to low-probability profile. From Monday to Thursday, price consolidates while running shallow stops above and below the intra-week high. On Friday, it runs the intra-week high and expands higher.
How to Anticipate:
Such conditions often arise during periods of interest rate announcements or Non-Farm Payroll reports, especially in the summer months (July and August).
It is advisable to avoid trading under these conditions due to increased unpredictability.
⚡ Seek and Destroy Bearish Friday
This is a neutral to low-probability profile. From Monday to Thursday, price consolidates while running shallow stops above and below the intra-week high. On Friday, it runs the intra-week low and expands lower.
How to Anticipate:
This profile is common during major news events, such as interest rate announcements or Non-Farm Payroll releases in the summer months (July and August).
Trading in these conditions is best avoided.
🧠 Wednesday Weekly Bullish Reversal
In a bullish market, price consolidates from Monday through Tuesday, drives lower into a higher time frame discount array on Wednesday, inducing sell stops, and then reverses strongly.
Key Characteristics:
This pattern often occurs when the market is trading at long-term or intermediate-term lows.
Institutional buying is paired with sell-side liquidity, typically targeting sell stops.
💪 Wednesday Weekly Bearish Reversal
In a bearish market, price consolidates from Monday through Tuesday, drives higher into a higher time frame premium array on Wednesday, inducing buy stops, and then reverses strongly.
Key Characteristics:
This pattern commonly appears when the market is trading at long-term or intermediate-term highs.
Institutional selling aligns with buy-side liquidity, typically targeting buy stops.
🎉 Conclusion
ICT Weekly Profiles are structured frameworks designed to identify recurring patterns in price movements over the course of a trading week.
These profiles encompass various scenarios, including bullish and bearish trends, midweek reversals, and periods of consolidation.
By studying these patterns, traders can anticipate potential weekly highs and lows by analyzing price behavior on specific days, such as Monday through Wednesday.
#SMC Short idea for #BTC Bitcoin is getting close to a crucial liquidity zone where short traders' stop-losses are probably going to be activated. An entry here might draw a lot of stop-loss orders, which is something that Bitcoin frequently looks for. With a risk-reward ratio of 1:4 or higher, this setup presents a compelling chance for a short trade.
BITCOIN ChartHey,
The crypto market is looking pretty interesting.
Multiple charts are located at supply areas and re-acting to them.
BTC is now also in supply...
Normally in a bull-market we crush supply area's easily.
And respect demand areas very good.
Still... this zone might be crushed but a pullback to 95k might be next first.
Kind regards,
Max Nieveld
TESLA Swing Long! Buy!
Hello,Traders!
TESLA is trading in an
Uptrend and after the
Local correction and a
Retest of the horizontal
Support level of 389$
We are already seeing a
Bullish rebound so we
Are bullish biased and
We will be expecting a
Further bullish move up
Buy!
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GOLD Will Fall! Sell!
Hello,Traders!
GOLD has hit a horizontal
Resistance level of 2725$
And because Gold was locally
Overbought we are already
Seeing a bearish reaction
And as we are bearish
Biased we will be expecting
A further local move down
Sell!
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GBP_NZD MOVE DOWN AHEAD|SHORT|
✅GBP_NZD is trading in a
Local downtrend and the pair
Made a pullback and a retest
Of the horizontal resistance
Of 2.1900 and is going down
Already so we are bearish
Biased and we will be expecting
A further bearish move down
SHORT🔥
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BITCOIN Bullish Continuation! Buy!
Hello,Traders!
BITCOIN is trading in an
Uptrend and the pair made
A bullish breakout and then
A retest of the key horizontal
Level of 102k$ which is now
A support and we are already
Seeing a bullish rebound so
We are bullish biased and
We will be expecting a
Further bullish continuation
Buy!
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Check out other forecasts below too!
HTF Market Maker Buy ModelThe market is currently in the Buy Curve of a Market Maker Model and these are the next steps I am expecting for the week to come:
1. Manipulation below Weekly Open which would fill the 4H Discount FVG and hit the Daily OB;
2. Expansion higher targeting the newly created Liquidity Pool in premium and the Previous Daily / Weekly High;
Trade ideas:
- Buy on Tuesday / Wednesday once the manipulation occurs using higher timeframes with the entry being the 4H FVG;
- Use internal short-term buy models with the same logic coupled with macro times (mostly 1st AM Session macro for large range moves);
- Use internal short-term models targeting Lunch Hour stops in the 1st PM Session macro for small expansions or reversals depending whether or not a key level is hit and short-term liquidity is breached;
NAS100USD: Structural Weakness Points to Bearish BlueprintGreetings Traders!
In today’s analysis, although NAS100USD maintains a bullish stance, there are signs of potential bearish momentum that may align with minor objectives.
Key Observations:
1. Rejection Block Resistance
Price action is currently held back by a rejection block, signaling a struggle to achieve higher highs. This resistance suggests weakness in upward momentum and the possibility of a shift.
2. Engineered Trendline Liquidity
A trendline liquidity pool has formed below the current price level. With the rejection block preventing further upside, it’s likely that institutions will target this liquidity as the next objective.
Strategy:
By recognizing the structural constraints and liquidity targets, we can prepare for potential bearish moves. The key will be observing confirmation of downward momentum before executing trades.
Let me know your thoughts or share insights in the comments. Let’s refine our strategies together!
Kind Regards,
The Architect
TESLA WILL GROW|LONG|
✅TESLA made a retest of
The wide key horizontal
Support level around 380/400$ range
Then established a double bottom
And is going up now so as the
Stock is in the uptrend
We are bullish biased and
We will be expecting a
Further bullish move up
LONG🚀
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Institutional Supply: XAU/USD shortsHey,
One of the key charts that I am focused at is GOLD.
As you can see at the chart, price is moving towards a key supply area.
It's a very basic chart, but simple works and keeps us consistent.
I'll be looking at GOLD short plays when the zone is reached...
And when the 4-hour shapes up.
Kind regards,
Max Nieveld
XAU/USD Analysis: Gold's Bullish Momentum Eyes $2,790The analysis of XAU/USD highlights a strong bullish momentum in the short term, with gold prices reaching a one-month high above $2,700 on January 16, 2025. This rally was supported by contrasting U.S. economic data: while consumer spending showed strength, the increase in unemployment claims contributed to a decline in U.S. Treasury yields, enhancing gold's appeal as a safe-haven asset. Optimism regarding a possible Federal Reserve rate cut, driven by cooling inflation, has further strengthened positive sentiment toward gold, which has posted three consecutive sessions of gains. From a technical perspective, the breakout above the key resistance level of $2,697 opens the door to a potential target of $2,740, reinforcing the current bullish trend. However, traders remain focused on upcoming economic events, including the Federal Reserve's rate decision at the end of January and the release of CPI and Non-Farm Payrolls data in early February, which could significantly impact market sentiment. Expectations suggest that a potential rate cut or weak macroeconomic data could continue to support gold prices, while signs of economic strength or a rate hike might trigger bearish pressure. In the medium term, gold could fluctuate between $2,650 and $2,800, with the market remaining sensitive to monetary policy developments and inflation dynamics. In the long term, potential geopolitical stabilization and a global economic recovery could reduce interest in gold as a safe-haven asset, bringing prices to a range between $2,500 and $2,600.