GBP/USD - Long PositionHi all..
If you have been following my updates on this pair you may have been catching a few nice setups. I did in fact catch this previous impulse move which was predicted from that marked Demand zone..
What we have no though is a new trading range. This is quite an interesting range to try to breakdown as we don't really have many level to actually buy from.
All the potential levels found are all from very low TF which suggest they all possibly could be weak levels to buy from.
The only try level I currently see to buy from is the level right at the top where my first Demand zone is sitting, this is my safest Demand due to "true" market consolidation which occurs before the next impulse movement.
Its potential that the move we have seen actually isn't finished which is why i believe this range could be a good area to buy from.
for me personally its not enough confluence to set a trade idea as it doesn't meet my plan.
This is not financial advice.. Good luck to all the traders that decide to follow
Multiple Time Frame Analysis
Long trade
1Hr TF
Reason: Following recent sellside trade signalled (observing RED K Everrex indicator) the end of the downtrend and sellside momentum for this event indicative of a buyside trade.
Buyside trade
Sun 2nd Feb 25
Tokyo Session AM
9.00 am (NY Time)
Entry 2356.48
Profit level 2871.41 (21.85%)
Stop level 2341.42 (0.76%)
RR 28.62
ANOTHER MAKE or BREAK area for NIFTY…?NIFTY has rallied over 1000++ points from our demand zone and has now reached another MAKE or BREAK level trendline which has been acting as a crucial zone hence we may see rejection around this trendline if opens flat but will eventually breakout for new highs so plan your trades accordingly.
600% falling wedge extension for VARA Network?On the above 4 day chart price action has corrected 90%. A number of reasons now exist for long entries, they include:
1) Price action and RSI resistance breakouts.
2) Support and resistance. Past resistance confirms support.
3) Point no. 2 confirms a “double bottom” in price action.
4) Notice the 4 day hammer candle?
5) The falling wedge confirmation forecasts a 600% move in price action.
Is it possible sellers keep selling? Sure, I hear their supplies are endless.
Is it probable? No.
Ww
Type: trade
Risk: small, tiny market cap.
Timeframe for long: Now
Return: 600%
XAU/USD 04 February 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Previous analysis was met with price targeting weak internal high, priced at 2,817.215.
Price has printed a further bullish iBOS.
CHoCH positioning and internal low are the same level.
Price is trading within an internal low and fractal high.
Should price trade down to discount of 50% EQ, I would be happy to mark internal high.
Intraday Expectation:
Price to continue bearish to either discount of 50% EQ, or H4 demand zone before targeting weak internal high priced at 2,830.755.
Price could also continue bullish to bring CHoCH positioning closer to recent price action.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Yesterday's intraday expectation was met with price targeting weak internal high priced at 2,817.215
Price has printed a further bullish iBOS followed by a bearish CHoCH to indicate, buit not confirm, bearish pullback phase initiation.
Price is now trading within an established internal range, however, I will continue to monitor price.
Intraday Expectation:
Price is expected to continue bearish to either discount of 50% EQ, or M15 demand zone, before targeting weak internal high, priced at 2,830.755
Alternative scenario:
As H4 remains in bearish pullback phase, it would be viable to consider price targeting strong internal low, priced at 2,722.215.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
GOLD SEEMS TO SELL CORRECTION
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support it with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE
Long trade
15min TF overview
Buyside Trade
Pair: ETHUSDT
Date: Sunday, 2nd February 2025
Session: NY Session AM (9:00 PM)
Trade Details:
Entry: 2385.65
Profit Level: 3079.23 (+29.07%)
Stop Level: 2359.51 (-1.01%)
Risk-Reward Ratio (RR): 55.72
Reasoning: Following the Wyckoff narrative, observing a thermal shakeout (long wick) alongside a selling climax helped confirm the directional bias for the buyside trade.
Long trade
15min TF overview
Buyside trade
Mon 3rd Feb 25
NY Session AM
1. 45 pm
Entry 0.000015682
Profit level 0.000018691 (19.19%)
Stop level 0.000015628 (0.34%)
RR 55.72
Reason: Observing the full structure of SHIB and incorporating the Wyckoff narrative—specifically Phase A (Selling Climax) and Phase B (Secondary Retest)—was pivotal in mapping directional bias for the buyside trade.
USD/CAD got absolutely 'hammered' on MondayTrump's trade negotiations provided USD/CAD with its most volatile daily range since the height of the Pandemic. Yet the surprise announcement that Trump is pausing Canada's tariffs for 30 days saw prices reverse sharply lower, to close the day with an elongated bearish hammer.
Does that pave the way for an immediate reversal lower? Not necessarily. Using price action and market position, I explain why.
Matt Simpson, Market Analyst at City Index and Forex.com
GBP/USD - Trade SetupHi all, I predicted that last move literally to the PIP perfectly, you can check out that post on my page.
Im now looking to make my next move.
I will break this down in a fast and simple terms as I have already broken this paid down from Top Down Analysis.
First 4H CHoCH has been showing taking out the previous swing high.
Then then saw a slight pullback with some consolidation before pushing into our TP.
Our next two entry setups are a 4HR Discount zone which is my preferred zone after taking that imbalance on both the 1H and the 4H. That mitigation zone looks very strong.
We have Identified the new swing range from the 4H view. Id like to see this pullback have some slower price action especially around that 1H Mitigation Block before looking to Buy as we are currently respecting a strong Unmitigated Supply zone. I personally believe this Trend Line will break giving us a lot of institutional volume with buyers Demand.
Good luck to the traders that decide to follow and remember to trade with strict risk management.
Bitcoin's Bullish Momentum Holding Strong
Bitcoin has reached the $94,500 entry point outlined in the previous idea and showed a strong bullish reaction. This confirms the level as an area of interest. However, there is strong potential for price to revisit $94,500 once more, presenting a great buying opportunity for the next leg up.
As long as market conditions align, we can look for confirmations to target $126,500. Patience remains key, but the setup is developing well.
Will Bitcoin offer another perfect entry before continuing its bullish breakout?
🔗 Check the original idea:
USDCAD LONG Market structure bullish on HTFs 3
Entry at Daily AOi
Weekly Rejection At AOi
Previous Weekly Structure Point
Daily Rejection At AOi
Previous Daily Structure Point
Around Psychological Level 1.44000
H4 EMA retest
H4 Candlestick rejection
Levels 6
Entry 100%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
BTCUSDT Technical AnalysisSell Bias Explanation
Risky Entry Zone:
Observation: Price entered the "RISKY ENTRY" zone.
Explanation: This area indicates a potential entry point for short trades. Traders should be cautious and ensure they have confirmation before entering, as it is labeled "risky."
Resistance Zone:
Observation: The chart highlights a "RESISTANCE ZONE."
Explanation: This area acts as a barrier for the price to move higher. The presence of a resistance zone suggests that the price may struggle to break above, creating an opportunity for sellers to step in
Price Closed Below the Protected High:
Observation: An annotation states, "PRICE CLOSED BELOW THE PROTECTED HIGH."
Explanation: This indicates that the price failed to break a critical high point, only sweeping and hunting stops suggesting a bearish sentiment. It reinforces the sell bias as buyers are unable to push the price higher.
Liquidity Grab and Break of Structure (BOS):
Observation: "Liquidity grabbed and BOS" is annotated on the chart.
Explanation: This means that liquidity was taken out, and a structural level was broken, indicating a shift in market sentiment towards the bearish side.
Liquidity Grab and Break of Structure (BOS):
Observation: "Liquidity grabbed and BOS" is annotated on the chart.
Explanation: This means that liquidity was taken out, and a structural level was broken, indicating a shift in market sentiment towards the bearish side.
Confirmation Entry Zone:
Observation: The chart highlights a "confirmation entry zone."
Explanation: This area provides additional confirmation for entering short trades. Traders looking for a safer entry can consider entering here once the price confirms the bearish setup.
P.R Area (Secure Position):
Observation: "P.R AREA(Possible rejection area) = secure position" is marked on the chart.
Explanation: This area suggests a point where traders can consider securing their positions, either by taking partial profits or tightening stop losses to minimize risk.
Disclaimer 📢
Remember, trading involves risk. Past successful setups do not guarantee future performance. Always conduct your own analysis and use proper risk management strategies.
US 10Y Yields - End of January AnalysisToday is an important day as it marks the first day of a new month, giving me the added advantage of analysing the full month’s candle close as well as a weekly close.
Here, I share with you how fundamentals this month affected price action and where in the medium to long term the market can reprice up/down into.
The highs for the month is 4.809%
The lows for the month is 4.488%
Candle body closure above 4.818% will negate my bearish notion of retracing down into the November 2024 monthly bullish order block.
long trade
15min TF
Buyside trade
Mon 3rd Feb 25
12.45 pm (NY time)
NY Session AM
Entry 32.470
Profit level 32.815 (1.06%)
Stop level 32.415 (0.17%)
RR 6.27
Reason: Observing price action I assume there's still enough buyside dominance to continue with a directional bias to the upside. Target liquidity highs
RETEST DONE!! Ready for uptrend now!! As we can see despite the weakness nifty managed to close strong and following in daily time frame, we can see retesting at the breakout level hence we may expect NIFTY to continue its uptrend and its direction towards 24000++ in coming days so plan your trades accordingly.