Short trade
1Hr TFG overview
Sell-side trade
Pair EURUSD
Tues 18th March 25
8.00 pm
Tokyo Session PM
Entry 1.09365
Profit Level 1.08598 (0.70%)
Stop level 1.09502 (0.13%)
RR 5.6
Reason: Observing oversold region RSI on the day TF and price at a pivotal supply level seemed indicative of a sell-side trade. Target 0.618 fib level.
Multiple Time Frame Analysis
AUDUSD: Pullback From Support 🇦🇺🇺🇸
There is a high chance that AUDUSD will pull back from
the underlined daily support.
As a confirmation, I see a tiny double bottom on an hourly time frame.
Goal - 0.6342
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Tesla What Next? TSLA Buy Bargain OR Bust?✅️Now you guys know my thoughts on this and although TESLA has been beaten ⚫️black⚫️ and 🔵blue🔵 recently somehow there may be an opportunity on the horizon.🚀
ℹ️ The way I look at it is unless you think TSLA is dead forever and to be cast to the dustbin 🟢SeekingPips🟢 would be looking for a buying opportunity.
👌I don't know who coined the phrase first however it's one that 🟢SeekingPips🟢 loves and uses often it's
⭐️"BUY WHEN THERES BLOOD IN THE STREETS"⭐️
⚠️Now don't get me wrong it doesn't mean I will be loading up gun ho RIGHT AT THIS MOMENT but it certainly DOES MEAN I'M NOT A SELLER AND STALKING BUYING OPPORTUNITIES✅️
❓️What's you thoughts on Tesla❓️
Share your thoughts with 🟢SeekingPips🟢
NAS100 Potential Intraday Shorts (Technical Analysis)Technical Outlook:
The price action since late February has been decisively bearish, characterized by a significant decline throughout March, indicating a clear mid-term distribution phase. We observed a recent rejection from a 4H and 1H supply zone (which fell within a pronounced drop-base-drop pattern). Notably, the most recent downward push failed to establish new lows. This follows a period of rapid decline with minimal bullish resistance. This suggests two possibilities:
Bulls are strategically allowing sellers to exhaust themselves before a potential countermove.
The prevailing bearish momentum is overpowering any attempts at bullish recovery.
Trading Considerations:
The daily candle has formed a bearish engulfing pattern, confirming strong selling pressure. My trading strategy involves waiting for a price retracement back into the identified supply zone. This pullback would serve to fill existing price imbalances and trigger resting orders above, providing an opportunity to enter short positions with improved risk-to-reward ratios on lower timeframes (LTFs). Currently, there are no indications of significant bullish manipulation. Therefore, I anticipate continued downward momentum this week. It's plausible that we might witness a final bearish surge coinciding with the FOMC announcement before a potential bullish reversal - a hypothetical scenario based on technical analysis.
Final Notes:
The previous instance of the price trading this far below the 200 EMA occurred in December 2022, marking the culmination of a year-long bearish trend. While we are currently only one month into this downward movement, it's crucial to remember that past performance is not indicative of future results. Although a bullish rally is possible, I will maintain a bearish bias and focus on short opportunities until a clear bullish reversal pattern emerges on the 4H and 1H timeframes. When such a reversal occurs, we will be ready to capitalize on the subsequent upward trend! ;)
STRONG UPMOVE as expected! What’s next? As we can see NIFTY finally showed its strength after testing our patience as discussed in our previous analysis that it formed bullish flag-pole pattern. Now following the structure we can see more room for upmove in NIFTY reaching its trendline resistance but based on global cues we can expect a weaker opening can be followed by strong closing so plan your trades accordingly and keep watching.
Short on EUR/USD as order block is now being formedWe have a liquidity sweep and order block forming on the upside. As we look for the break below equilibrium and a full break of structure we will short and target previous lower levels of liquidity. Keep in mind news is strong this week with FOMC on wed. and Unemployment on Thur.
XRP Next Move !... $4 XRPUSD Ripple Just A Matter Of Time? $€£¥This space seems a bit quite now but if you liked XRPUSD / XRPUSDT at $3 what has changed now?
When the hype is around thats the time to be ⚠️ cautious IMO.
When there is little attention of the said market thats when 🟢SeekingPips🟢 likes to get to work.
⚠️This time is NO different⚠️
NOT SURE WHERE THE NEXT LOW WILL FORM❓️
ME NEITHER❗️❕️❗️
🟢 You don't need to know❗️ You just need to HAVE A PLAN ✅️
Long trade
1Hr TF overview
Trade Details:
Direction: Buy (Long)
Entry Price: 1.09370
Take Profit: 1.10467 (+1.00%)
Stop Loss: 1.09190 (-0.16%)
Risk-to-Reward Ratio (RR): 6.09
Trade Analysis:
The Tokyo session transitioning into London based on the narrative of demand and supply seemed indicative of a buyside trade and the price action observed on the 1Hr TF.
Entry 15min TF
GBPUSD Continuiation bearish Tuesday 18th pending FOMCThe bearish trend persists as price clears key liquidity levels, including the 4-hour buy-side imbalance (BISI) at 1.29675. Additionally, price filled an imbalance at the 1-hour sell-side imbalance (SIBI), further solidifying the bearish narrative. Price appears to target the 1-hour imbalance at 1.29505 for potential rebalancing. After retracing into the 15-minute BISI, which inverted at 1.29776, a sharp reversal followed a liquidity sweep on the 1-minute chart at 1.29750. This move inverted the 1-minute BISI at 1.29700. Current targets include the sell-side liquidity at 1.29515 and the 1-hour BISI at 1.29500, where price might fulfill its rebalancing objective
NZDCAD: Bearish After the News?! 🇳🇿🇨🇦
NZDCAD turned bearish after a release of Canadian Inflation data.
The price retraced from a key daily resistance and broke
a support line of a rising parallel channel on an hourly time frame.
The market may drop at least to 0.8293
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Skeptic | EURCHF: Trend Strength or Weakness? Trade SetupsWelcome back, guys! 👋I'm Skeptic.
Today, I’m bringing you a multi-time frame analysis of EURCHF , including both long and short triggers, along with a few educational tips. Let's dive in!
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🕰️ Daily Time Frame Analysis:
After a solid accumulation phase and breaking above resistance, we've successfully shifted the trend to uptrend . Given the major trend direction, it's better to focus on long positions .
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⏳ 4-Hour Time Frame Analysis:
Following the uptrend, we've formed a bullish ascending triangle, indicating a potential continuation. You might think that the RSI downtrend signals trend weakness, but here’s the key point:
- Lack of follow-through on the downside shows trend strengt h. If it was genuine weakness, we’d have seen a sharp downward move already.
This makes the bias towards long positions stronger .
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🚀 Long Setup:
After breaking the resistance at 0.9649 7, we can consider a long position. A breakout of the RSI trendline to the upside would be an extra confirmation.
📉 Short Setup:
To go short, we first need a breakdown from the ascending triangle, followed by a break below the key support at 0.95726.
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🎯 Target Setting:
You can use the height of the triangle or your own support/resistance levels to set targets. I’m not here to tell you where to place your stop loss or take profit since that heavily depends on your strategy, stop size, and R/R ratio.
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💬 Final Thoughts:
I always provide the key levels and setups, but it's up to you to adapt them to your own strategy.
Thanks for sticking around until the end of this analysis.
See you on the next one!💪🔥
EURGBP Trade Idea EURGBP is currently on a very strong bullish trend and as traders we should follow the trend making sure to capitalise on it. As we can see on this 1HR timeframe the market has been failing to break the newly formed support (previously resistance) this adds as confluence to take Long entries from this exact price.
USDJPY UPDATEPrice moved up as we speculated but unfortunately it didn't trigger our orders at around 147.986 before rising.
Currently, it still shows a potential of rising to 151.067. Let's look for a retracement so that we can join the move
REMINDER
1. We shouldn't panic if we miss a good opportunity, there will always be more in the future.
2. Let's stay disciplined and focused on the process.
Below is the link of the previous analysis incase you missed it: