How you can earn money from this ICT setup?Here you are, please read the summary about Oil price below~
📈 Oil prices surged in early trade on Thursday, extending the previous day’s sharp gains on concerns about Middle Eastern supply following disruptions at a field in Libya and heightened tension around the Israel-Gaza war.
🛢️ Brent crude rose 33 cents, or 0.42%, to $78.58 a barrel by 0101 GMT, while U.S. West Texas Intermediate crude futures rose 40 cents, or 0.55%, to $73.10.
📈 Both benchmarks rose by around 3% to settle higher for the first time in five days on Wednesday, with WTI seeing the biggest daily percentage gain since mid-November.
🚫 On Wednesday, local protests forced a full shutdown of production at Libya’s Sharara oilfield, which can produce up to 300,000 barrels per day. The field, one of Libya’s largest, has been a frequent target for local and broader political protests.
💥 Also on Wednesday, nearly 100 people were killed in blasts at an event to commemorate commander Qassem Soleimani who was killed by a U.S. drone in 2020. Iranian officials blamed unspecified “terrorists” and vowed revenge. However, no group has yet taken responsibility for the attack. The U.S. has seen no indication Israel was behind the blasts, White House national security spokesperson John Kirby said.
🔥 Swirling regional tensions from the ongoing Israel-Hamas war also continue to support oil prices.
🚀 On Tuesday, Hamas’ deputy leader was killed in a strike in Beirut - the first strike to hit the Lebanese capital in almost three months of near daily fire between the Israeli military and Iran-backed Hezbollah that had been confined to the border region.
🚢 Shipping concerns in the Red Sea also remained after Yemen’s Iran-backed Houthis said on Wednesday they had “targeted” a container ship bound for Israel. U.S. Central Command said the militant group had fired two anti-ship ballistic missiles in the southern Red Sea the previous day.
Technical Analysis:
As we can see there are demand zone and FVG near $68 to $70 since the middle of 2023.
Here is a sharp rebounce (Pin bar) on the demand zone. A good ICT Long setup for both Swing and Intraday traders!
Ictconcepts
Intraday Scalping Idea for GBPAUD: Key Levels and Buy LimitsHey traders! 👋
H1 ICT Long setup
Let’s take a look at the GBPAUD H1 chart, which performed LG and Displacement + Choch after Asia AM session. Our AI screener shows the AUD is increasing momentum to the weak side, currently GBPAUD has strongest momentum amount AUD pairs.
If you’re looking for an intraday scalping idea, here’s one for you:
🎯 Target on key levels:
1.9136
1.9118
1.9100
📉 Buy limit order levels:
1.9061
1.9048
1.9035
🛑 Stop loss:
1.9028
Remember, this is just an idea and not a guarantee. Always do your own research and analysis before making any trades. Good luck! 🤞
🔥 XAU/USD - A Big Fall Ahead of GOLD ? (READ THE CAPTION)By checking the gold chart in the 4-hour time frame, we can see that the price is trading in the range of $2035 and yesterday, as I expected, the price could grow to the range of $2043 and after that it will fall again! The important demand range in the 4-hour time frame is $2031, which can have an initial reaction to this level, and if the price can stabilize below $2040, we may see a heavy fall in gold, And its possible targets will be $2031, $2024, $2020, $2005 and $1986 respectively! This analysis will be updated
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Intraday Scalping Idea for USDJPY: Key Levels and Sell LimitsHey traders! 👋
H1 ICT short setup
Let’s take a look at the USDJPY H1 chart, which performed LG and Displacement + Choch after the last NY session and Asia AM session. Our AI screener shows that the JPY has slowed down the weak strength (turning to the strong side gradually) and the USD is increasing momentum to the weak side, which makes USDJPY drop as well.
If you’re looking for an intraday scalping idea, here’s one for you:
🎯 Target on key levels:
145.30
144.72
📉 Sell limit order levels:
145.48
145.63
145.77
🛑 Stop loss:
145.90
Remember, this is just an idea and not a guarantee. Always do your own research and analysis before making any trades. Good luck! 🤞
EURO Futures (EURUSD) Weekly Outlook... BULLISH1. Daily Swing structure is bearish, after this clear break of market structure.
2. The internal structure is bullish, as price pulls back into premium.
The reaction to supply is significant. It potentially indicates the end of the retracement, and
price now seeking external LQ at the swing low.
3. I am monitoring the FVG above closely. Should price trade through it, it would indicate price
has bearish momentum, and strengthening the idea that the pullback is over.
Should this bullish PD Array hold, price could potentially make a HH, and head to the
premium old high.
USD/CAD sell signal AnalysisHello traders, this week, there hasn't been much significant movement in the DXY. We've observed two inside bars on the daily timeframe, indicating a period of ranging. Personally, I'm looking for the CPI data to potentially drive the price down. This would align with my interest in selling USDCAD, especially after taking the ERL. I anticipate targeting the next pool of liquidity, the IRL, considering that we've previously established the buy side of the curve in past weeks. I think it's now time to get the sell side of the curve. However, my decision to get involved will depend on the CPI release and whether it gives us a break of structure in the market.
Light Crude Oil... BULLISHThis is a longer term view. It may take a couple of weeks to play out.
The Breaker Block + FVG pose a strong bullish indication that price
may head higher.
The BB represents the turning point in the trend, from a bearish to potentially
bullish market. Not to mention price is going from an ERL to an IRL, potentially.
NQ (NASDAQ) Weekly Outlook... Near Term BULLISHBullish next week.... then turning BEARISH.
Price turned bullish after the bullish BOS. However, the bias turned bearish after the ERL, and the IRL is now sought.
There was also the formation of a -BB and a -FVG. Should price
return to it, the expectation is it will be respected, and price will head down from premium to
discount prices.
ICT Order Block Trading Strategy : Asian Session Liquidity SweepASIAN Session Liquidity Sweep Model
Mark High and Low created in Asian Session.
1. Upon starting of London Session it sweep Asian Session liquidity and closed price below Asian Session High.
2. Created Bearish OB.
3. Sell side imbalance in form of FVG.
So we have three confluences
i.e. Liquidity Sweep + OB + FVG
Remember these three are confirmation for trend or break out direction.
How Order Blocks WorkOnce you have drawn Order Block on Daily
time frame now move to lower time frame
like 1H , 30 M or lower,
you can see it started creating bullish candles.
In this particular case a popular bullish
candlestick pattern three white soldiers
formed at 30 M time frame indicting potential reversal in trend.