BTC, one last push (to take out liquidity)Hello everyone,
following the liquidity that is still forming like clouds above all new ATH bitcoin made we are close to a decision point for Bitcoin. The moves are getting more and more choppy and considering the strong rally I guess a correction is outstanding. But first we should see another move higher completing a five wave cycle of a third wave.
Liquidity
XAUUSD gold possible moveXAUUSD. Covered the rebalance and forming range .
In higher time frame we can wee falling channel with multiple touches respectively.
This support is crucial for a short term buy till 2684 range.
If this setup fails, next demand Zone at 2650-2660 . Let see PEPPERSTONE:XAUUSD
NZDUSD Going Higher once Dollar is showing dowside intention?NZDUSD just swept daily + 4h + 1h liquidity and made a CHoCH in 1H Timeframe.
After the CHoCH, price was corrective to the downside, retesting the previous structure wich can be used as support in a bullish momentum.
Let's see how the price plays out.
GOLD OUTLOOKIn this analysis we are focusing on 1H time frame for GOLD. Today I'm looking potential buy, on the basis of SMC concept and trendline strategy. Let's see what happens and which opportunity market will give us. When price reach at our level than we look how price behave when it enter our level after confirmation we take buy trade.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis and prediction.
#XAUUSD 1H Technical Analyze Expected Move.
GBPJPY FORECASTIn this analyze we are focusing on 30M time frame chart for GBP/JPY. On the basis of support and resistance along with price action and liquidity concept. So we will wait for price when price enter into our zone than after any bullish confirmation we will take our long position trade. Let's delve deeper into these levels and potential outcomes.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis or prediction.
#GBPJPY 30M Technical Analyze Expected Move.
XCN + 333%? X4 IS WAITING FOR IT IF THIS CONFIRMS.Last time Onyxcoin (XCN) had a Bullish divergence on RSI and make a Golden cross. it made a +383% in 5 waves making the 1st wave on the bigger cycle. (152 ds).
Wave 2 a correction ( 152 ds), corrects as Elliot says to the 4th of a minor degree.
And now that the Wave 3 seems to start, we break the descending channel and made a Golden Cross. We have the bull impulse until Feb/Mar 2025.
To confirm this we need the break out on the RSI.
And remember that Wave 3 usually is the strogest of all, we will find out on OCTOBER ;)
Cheers!
EUR/USD FORECASTIn this analysis we are focusing on 4H time frame for finding the upcoming movement in EURUSD pair. Today I'm looking for potential buy trade opportunity. Let's see what happens and which opportunity market will give us.
Must put stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis or prediction.
#EURUSD 4H Technical Analyze Expected Move.
Bearish Signals: Time to Short ADAUSDAs I prepare to share my bearish trade idea for ADAUSD, here are key trends that support my outlook:
- Market Sentiment: Cardano (ADA) has faced a significant downturn, losing nearly 13% this week and about 41% year-to-date. This reflects growing concerns among investors and a lack of bullish momentum.
- Technical Indicators: A bearish divergence between ADA's price and daily active addresses suggests weakening demand, indicating potential further declines.
- Price Action: ADA is trading below crucial moving averages (20-day and 50-day), trapped in a declining channel. This reinforces the bearish sentiment as it approaches the lower boundary.
In my trading strategy, I focus on probabilities to position myself for short trades on ADAUSD.
In summary, by leveraging probabilities alongside market trends, I aim to strategically position myself for potential declines in ADAUSD.
This disciplined approach not only enhances my trading strategy but also aligns perfectly with the current bearish environment.
Join me as we navigate this market together!
P.S. If you have any questions about how I trade probabilities with the overall market direction, feel free to reach out.
4H:https://www.tradingview.com/x/IFRT8mYP/
GOLD ANALYSISIn this analyze we are focusing on 15M time frame for GOLD. Today I'm looking potential sell trade opportunity. Let's wait for price when it reach at our level and than after confirmation we will take sell trade.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analyze or prediction.
#XAUUSD 15M Technical Analyze Expected Move.
GBPCAD OUTLOOKIn this analysis we are focusing on 4H time frame for finding the upcoming moves and changes in GBPCAD price, I'm looking buy trade opportunity today. let's see what happens and which trade opportunity market will give us.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my prediction or analysis
#GBPCAD 4H Technical Analyze Expected Move.
GOLD FORECASTIn this analysis we are focusing on 4H time frame for finding the upcoming changes on gold price. As we know that bearish momentum is very strong. So what do we need to do is just wait for price when it comes to our level and give any kind of rejection or any buy confirmation, then we will execute our buy trade. In my opinion and I'm expecting that price will bounce back toward upside after testing the zone. Let's delve deeper into these levels and potential outcomes.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis or prediction.
#XAUUSD 4H Technical Analyze Expected Move.
Join My Bullish EUR/GBP Journey!Hey Traders! Today, I'm excited to share my bullish trade idea on the EUR/GBP currency pair. As we navigate through the current market dynamics, I believe there are several key fundamentals supporting this upward bias.
Current Market Fundamentals
- Economic Indicators: The upcoming release of the Confederation of British Industry (CBI) retail sales data is anticipated to show positive trends, which could strengthen the GBP. A robust consumer spending report can create a favorable environment for the Euro to gain against the Pound.
- Market Sentiment: Recent bullish candlestick patterns on the H4 chart suggest a potential reversal in the EUR/GBP pair. The price is currently hovering near the middle Bollinger Band, indicating a possible breakout.
- Technical Setup: The pair is trading between the 23.6% and 38.2% Fibonacci retracement levels, suggesting consolidation with potential for upward movement. This technical setup aligns with my bullish sentiment.
Utilizing Probabilities for Positioning
In my trading strategy, I emphasize the importance of probabilities to make informed decisions. Here’s why:
- Statistical Edge: By analyzing historical price movements and current market conditions, I can identify patterns that have a higher likelihood of repeating. This statistical approach helps me gauge potential outcomes more effectively.
- Risk Management: Using probabilities allows me to set realistic targets and stop-loss levels, ensuring that I manage risk while maximizing potential gains. For instance, if historical data shows a 70% success rate for bullish movements after similar setups, I can confidently position myself for long trades.
- Adaptability: Markets are dynamic; therefore, employing a probabilistic mindset enables me to adapt my strategy based on real-time data and changing conditions. This flexibility is crucial in maintaining an edge in trading.
Conclusion
With a bullish bias on EUR/GBP backed by solid fundamentals and a robust technical setup, I am ready to position myself for long trades using probabilities as my guiding principle.
Let’s keep an eye on the upcoming economic data releases and market movements that could further validate this trade idea.
Feel free to share your thoughts or any questions you may have! Happy trading!
1M:
2W:
2H:
P.S. If you have any questions about how I trade probabilities with the overall market direction, feel free to reach out.
Going Long on ETH: Strong Bullish Signals!Ethereum (ETH) is currently experiencing a bullish trend, supported by several key fundamentals:
Global Adoption and Institutional Interest
The cryptocurrency market, particularly Ethereum, is seeing increased adoption and institutional interest. Major financial institutions and corporations are exploring blockchain technology and decentralized finance (DeFi) applications, many of which are built on the Ethereum network.
Technological Advancements
Ethereum's ongoing upgrades and improvements, including the transition to Ethereum 2.0, are enhancing its scalability and efficiency. These developments are attracting more developers and users to the platform, potentially driving up demand for ETH.
Market Sentiment
Recent market analysis suggests a positive outlook for Ethereum, with some experts predicting significant growth potential. The breaking out of key resistance levels has fueled optimism among traders and investors.
Utilizing Probabilities for Long Positions
I'm employing probability-based strategies to enter long positions on ETHUSD.
By incorporating probability analysis into my trading approach, I aim to capitalize on Ethereum's bullish fundamentals while maintaining a structured and disciplined trading strategy.
Let's dive in!
2W:https://www.tradingview.com/x/t6j2hT4t/
2H:https://www.tradingview.com/x/prwKqAhU/
EUR/USD OUTLOOKIn this analyze we are analyzing weekly time frame for EUR/USD. In weekly time frame price create a big consolidation move, So I'm looking for buy opportunity when price come into our zone. Let's delve deeper into these levels and potential outcomes.
Always use stoploss for your trade.
Use proper money management and risk to reward ratio.
#EURUSD 1W Technical Analyze Expected Move.
TRENDLINE SUPPORT CONCEPTIn this analysis we are focusing on 4H time frame for GBP/JPY. We are using trendline support and also we have a IMB along with a demand order flow. So when price enter in this area we will look for buy. Let's delve deeper into these levels and potential outcomes.
Always use stoploss for your trade.
Always use proper money management and risk reward ratio.
#GBPJPY 4H Technical Analyze Expected Move.
SUPPORT AND RESISTANCEHere we are analyzing 2H time frame for finding the upcoming move in USDCHF price. Today I'm looking sell opportunity on the basis of support and resistance combine with price action. After confirmation we will execute our trade. Let's delve deeper into these levels and potential outcomes.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
#USDCHF 2H Technical Analyze Expected Move.
SUPPORT AND RESISTANCE OUTLOOKIn this analysis we are focusing on 1H time frame for GOLD. I'm looking potentially buy trade opportunity today, by using support and resistance and price action. And we are using volume and RSI indicator. Let's see what happens and which trade opportunity market will give us. Let's delve deeper into these levels and potential outcomes.
Always use stoploss for your trade.
Always use proper money management and risk to reward ratio.
This is just my analysis or prediction.
#XAUUSD 1H Technical Analysis Expected Move.
GOLD FORECASTIn this analysis we are focusing on M30 time frame for XAUUSD. I'm looking potential sell trade opportunity in NY session. Let's delve deeper into these levels and potential outcomes.
Always use stoploss for your trade.
Always use proper money management and proper R:R ratio.
#GOLD M30 Technical Analyze Expected Move.
25% Possible Gain on WIFWe have made a reversal down to the EMA50 in the last few days and it looks good so far if we hold it. An interesting point is the $3.2 zone, where a lot of liquidity is expected. This could lead to a price increase of up to 25%. Mark the zone on your charts. You will see how the price will soon interact with it.
Short Position on EURCAD: Strong Potential for TP SuccessKey Fundamentals Supporting a Bearish Bias:
- Eurozone Struggles: Recent economic reports indicate that the Eurozone is facing challenges, including sluggish growth and rising inflation. This could weaken the Euro as investors lose confidence.
- Interest Rate Outlook: The European Central Bank is taking a cautious stance on interest rates, while the Bank of Canada is likely to raise rates. This contrast could strengthen the Canadian Dollar against the Euro.
- Geopolitical Pressures: Ongoing issues in Europe, such as energy crises and trade disruptions, are creating uncertainty. This instability can further drag down the Euro's value relative to the CAD.
I'm focusing on short positions for EURCAD by using probabilities derived from historical data. By analyzing past trends and applying straightforward mathematical rules, I can spot high-probability trading opportunities.
This strategy helps me stay disciplined and make informed decisions, reducing emotional trading and increasing my chances of success.
Let's dive into the multiple timeframe top-down analysis together:
12M:
1D:
Hourly Entry: