strong resistance level on the round number. Good entry pointThe asset is traded on volumes. The price approached a strong resistance level on the round number - $ 1.2. We can observe periodic flashes of volumes that ended in shadows, which indicates the weakness of the buyer. An inclined level in support has formed, we shake it. I expect a breakdown and movement to the volumetric level of POC - 1.135$
Scalping
My thoughts on gold 14th Dec 2022Gold has a high volume and momentum bullish candlestick that was caused by yesterday's core CPI news. With the momentum candle having broken structure upwards, I think it's most likeley that price will continue bullish at least to run the engineered liquidity above yesterday's daily high. NOTE: BE CAREFUL OF CRUDE OIL INVENTORIES AS THEY MIGHT NULLIFY THE SETUP
5 factors to consider before doing an entryLosing is part of the game and the earlier you accept it the better it'll be for you. However, you shouldn't just lose. You should try and become as profitable as possible and all your losses should be clearly calculated and expected but not hoped for. That way the loss will not weigh down on you and affect you psychologically.
We had some nice setups!We had some nice setups from last week that moved well this week like this one on Nasdaq. All TPs hit
NZDUSD 15 MIN SHORT TRADEHello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
.
NZDUSD
Multi-timeframe analysis
15 min (entry timeframe) : NZDUSD has broken the Ascending channel and now at retest level.
Wait patiently for a Strong Bearish candle and We could see Downside continuation movement.
Thank You !!!!
Nasdaq buy reentry on 3HUS100 broke structure upwards and there are still imbalances that need to be filled upwards. So I think that it might retrace to the price above which it broke structure, that is around 1162 - 1160 and buy off from there at least up to the current highs at 11826 where a run on engineered liquidity might happen. NOTE: THIS SETUP DOESN'T GUARANTEE PRICE MOVEMENT. PLEASE APPLY PROPER RISK MANAGEMENT
Gold 3H sell update (posted on 5th Dec 2022)We had this 3H gold sell setup on 5th Dec 2022 that had failed to activate because price was in a rush downwards. So last week the setup activated although it rallied a bit higher than my expected entry to take sell orders at around 1805.80. However, the stop loss wasn't hit and the trade is still active. Let's see how it goes. ALWAYS APPLY PROPER RISK MANAGEMENT.
Large limit order in order book. Time to sell!A local level with three approaches has been formed. On the round number 0.88 in the spot order book there is a large limit order.
I recommend going in on the acceleration of prints in a glass and in the corrode of density on the spot.
Last week's DXY sell entry updateIf you've been following my setups then you probably saw this DXY setup that was most likely to sell off from a break of structure supply zone. However, since it didn't further break structure last week, it rallied a bit to run last week's short term highs. Let's wait and see how much lower price action will drop. Though with how price action is playing out, it may not drop as much and might only get to the 4H order block at 104.25
US100 BUY UPDATEI shared the setup yesterday and price spiked to my intended zone during the PMI news then continued upwards. If you're interested in learning you can join my training and or mentorship sessions. I'll be happy to have you on board
Technical analysis for AVAXThe instrument has captured inside admirable and wide consolidation. Currently the volumes are low. The breakout depends on the market background and the BTC behavior. Watch the activity on the levels only after having previous 2 touches for both cases, namely long and short.