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Marketstructure

Bitcoin +5% profit from our analysisHello traders Bitcoin buy trade makes 5% profit We shared our expectations about Bitcoin that there is a possibility of its rise near the level of 19 thousand, and accordingly we bought Bitcoin from the order block responsible for making a change in the structure and we shared an update by placing a stop loss at the entry point when it reached the supply area, and here Bitcoin makes profits for us Congratulations to us and to all the beneficiaries of our analysis previous posts:
Long
by ARABTRADERX45
2
#GBPJPY near 4h timeframe resistive area one againlook where price is one more time at an area where rejected clearly twice before plus it's a structural point too ( it use to be support but changed to resistance ) if you look at the left side of the chart. this cluster of resistance add to the importance of the area. But the thing is matter most is not to rush into a trade as we have CPI news today and depends on what the numbers going to be it can cause price to break the resistance to the upside or to reject from. If you want to have more comprehensive idea about what to expect of news are going to be released today and tomorrow I would recommend you to read the idea linked to this article. But in summery, if CPI comes out equal or lower the prediction it would be good JPY and we can expect the downside move from GBPJPY .
Short
by mohemati
BTC UPDATE Hello traders As we mentioned in the previous analysis, there is a possibility for the continuation of the rise of Bitcoin near the levels of 19 thousand. Based on that, we bought Bitcoin from the block of orders responsible for causing the change in structure, but now the stop loss must be placed at the entry point because we have a strong supply area formed, from which the price may fall to the demand area Before the ascent, if the bitcoin can overcome it, the ascent may continue for the target previous analysis:
Long
by ARABTRADERX45
2
#EURJPY selling position opportunityAs we discussed before in #JPYBASKET analysis ( you can see it in related ideas ) we believe JPY is aiming for higher prices due to technical and fundamental analysis, and in order to take advantage of this move we can sell other currencies against JPY. Price currently in EURJPY pair is moving down and has formed bearish channel in 4H timeframe which can be tested one more time during today trading time or tomorrow. moreover, price managed to get very close to 4H timeframe high and base on market structure analysis if price want to continue moving downward in 4H timeframe it shouldn't close above this area. In conclusion, for taking a short position on this pair base on 4H time frame we need to see price tap into any of two line drove above the price but fail to close above it. and then get rejected from the area. which can prove that sellers are in the market and also the capitulation move is over too. Also for more validation you can wait to see market structure in lower timeframe also shifted in the favor of the downside move.
Short
by mohemati
6
SOL - 10 or 20 - Which One First?Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. SOL has been stuck inside a range between 13 and 15 For the bulls to take over , we need a break above 15.0 For the bears to take over, we need a break below 13.0 PS: By Break, I mean a momentum H4 candle close. Meanwhile, until the bulls or bears take over, we will be trading the range on lower timeframes. Which scenario do you think is more likely to happen? and why? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
16
DXY SHORT TERM OUTLOOKDOLLAR INDEX looks bearish after retesting key bearish market structure and higher timeframe resistance. On the hourly timeframe, minor higher highs and higher lows are forming, showing some sort of bear flag however I'm looking at bearish continuation due to the fundamentals in play of a bearish dollar. If gold breaks this bearish market structure i will look for further downside towards the previous lows of 104 whereby, we may see double bottom buys on the dollar or if the bearish momentum is strong, we might crash to 102 regions of key monthly support. Do keep in mind we have CPI next week and Fomc next week where i am expecting a fed pivot.
TVC:DXYShort
by CJ_GOLDPIPS
DAX 30 Big PictureThe DAX as a ZigZag correction . Rules of the ZigZag correction . 1. Wave A must be an impulse or Leading Diagonal Triangle ✅ 2. Wave B must be any corrective pattern (ABC) ✅ 3. Wave b does not correct wave A more than 99% ✅ 4. Wave C must be an impulse or Ending diagonal Triangle ❓ 5. Wave C must be at least 70% of wave B from a price perspective ❓ 6. Wave C fails extremely rarely (strong wave C) ❓ Current course . The DAX formed a Leading Diagonal Triangle since the beginning of 2022, which can be represented as an ABCDE or 12345 wave. The DAX was able to break out strongly from the Leading Diagonal Triangle in recent weeks (since October), forming an abc correction. We bounced off the upper trendline. Further course In the last days, the DAX shows first weaknesses and we assume that the DAX has already formed its TOP and now another downtrend follows. If the assumption of the ZigZag correction is correct, now the DAX should form another 12345 structure to the downside, which should hold in the trend channel. There is also still the possibility that the DAX makes a final uptrend until about just above the upper trend line and only then crashes. Depending on how the economic events will develop, we see 2 correction scenarios as likely: 1. the German or European recession comes harder than currently assumed and the DAX corrects below 10,000€. 2. the recession can be halfway cushioned and thus the financial market calms down faster and the DAX forms a bottom at around 10,500 to 11,000€. We currently see the first possibility as more likely due to the economic environment. Interest rates will not be lowered in the foreseeable future. The real estate sector is under massive pressure. Many companies continue to struggle with the huge cost of energy and capital, and a large number of companies are still highly overvalued. A perfect sentiment for a bear market to continue for another 6-12 months. We will keep you posted!
XETR:DAXShort
by Consyder
2
Gold: Ready to Shoot?Gold and Silver is money, everything else is credit – JP Morgan Primary Uptrend This guy is not just flaunting these assets but the primary trend in this chart unearths the truth behind his statement. Really strong trend since our childhood – of course not fully visible due to data limitations. A furious rally started since March 2020 dip and took it to 56191 from 38400 (46%) in just 20 weeks – perhaps the fastest one in absolute terms. Harsh Reaction Like any other bull run, this one also faced a harsh reaction from August 2020. Wiped out almost one-fifth of the gains (21% from top) in a 33week time period. Comparing to Mar2020 rally to the top, this reaction was bit slower in terms of time duration. 46% in 20weeks verses 21% in 33weeks. More than just a Pullback Gold pulled back near 50000 mark and created a psychological resistance zone . The pullback gained momentum after breaking this zone and retested all time high zone. This spike was more than just a pullback. The Second Reaction The second reaction started from March 2022 and ended near the prior psychological level 50000. So, resistance turned into a support. This reaction took 28 weeks but the reaction was just 12% from the March top. Comparing with the Aug2020 reaction, this one lacked momentum on the downside – as reaction was smaller in approximately same time period. The price-time analysis of both the reactions suggest that this time sellers were not very active and buyers were busy in accumulation at lower levels. Small and time consuming reactions with sharp rallies are good omen for investors. A Rally in Momentum The current rally from Sep end 2022 is very swift. The price may face some hurdles near major resistance zone of 56191 to 54789. If the higher low trend persists, there may be further congestion. Theoretically congestions lead to expansions and the bullish nature of the ascending triangle congestion (see chart) signals expansion in the upward direction. If that happens, an immediate target for the triangle could go around 67000. Thanks for reading. Do hit boost/like button as a token for appreciation, so that I write more.
MCX:GOLD1!Long
by Bravetotrade
4