Orderblocks
US500 Possible price development!US500 is approaching a "breaker" printed at R/S level, with a confuluence of down-trendline we can expect a push to the downside, however, if price manage to breach this area we can anticipate a launch to a our weekly high
US 30 technical analysishello traders
The correction waves are complete. We expect the bullish trend to continue to break the top first, and maybe the supply area
GOLD: Sell Setup! Hello Traders!
We've an interesting setup on Gold. XAU/USD has been Bullish since last week, price reached a weekly order block and from this zone we can expect a retracement to at least 50% fib level of the whole impulse. With a confluence of harmonic bat pattern that complete at our day order block, this setup is much probable.
WAIT for confirmation on LTF.
Goodluck!
WTIUSD| USOil ON A BULLISH ASSIGNMENT US oil finally repriced to go higher...
Confluences:
A sweep of liquidity below a weekly low
smartmoney Trapping retail bullish orders on the weekly with a failure swing
expansion to the upside creating a bullish mss / smartmoney institutional price swing/ Bullish Open float
Price traded I to the discount of the price swing and expanded to create equal highs.
smart money traded lower to trapped retail resistance traders
The smartmoney engineered liquidity below a short term low to take the price higher to a HTF premium array which is the draw on liquidity highlighted in the chart above.
Expectation :
Us oils will be price higher by the smart money to draw to the draw on liquidity.
Conclusion :
we have a bullish bias for this week and beyond
SHORTCPI Results on 10th Nov resulted to a weak dollar, thus the rise of Gold during and after news release. According to Dxy analysis, I don't think the weakness will last long as it is approaching some major levels. Gold is also on major supply zones. Best zone to take a good short is around 1750/1765 area and target the indicated levels. All other sells taken should be short term unless 1728 is clearly broken. All the best
GBPUSD H1 potential long positionGBPUSD has moved bullish for a month and a half (lowest on sep26)
if price backtests demand zones (which are given on chart, the green block)
and appears apparent signal, consider placing long position
TP approximately set RR2
Personally prefer waiting for price backtests lower demand zone
Placing order at upper demand zone please confirm "bullish signal appearing"
US CPI will be announced on this coming Thursday, to avoid the voliate, can consider manually TP if you place the order.
All are personal opinions, not investment advice!
#GBPNZD thoughts 💭#GBPNZD thoughts 💭
After a picture perfect H&S pattern has been printed on the charts i'm now trying to find the best way to capitalise on the continuation downwards.
We have two zones marked up in which I'm interested in looking to short from! Until price move's into these zones I can then make a judgement on to when to execute a position.