Scalping
AVAX Long Set-UpI entered a long position here on #AVALANCHE. A previous major low was swept and the price seems to be holding this level. I placed a stop loss below the previous wick low.
#Bitcoin also has swept its HTF pivot low and is looking to move higher in the short term.
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XAUUSD Gold 15m scalp ideasLooking at the 15m and 5m gold timeframe we can see potential scalps going both ways here.
Looking to scalp gold on the 5m timeframe, sells are looking a lot more probable for me but I wouldn't shy away from buys if we can see a break of the 1917.653 level, followed by a liquidity grab towards 1915.874.
BTC LONG SHORT TERM #2Another entry from the short term trading perspective. Previous entry was bang on, simply rinse and repeat here.
Structure in tact, move down to retest the KL, previous fibb entry/ scaled position you can see here, minimised risk, currently sweeping daily lows, perhaps see a dip into yesterdays Value area low below 29175, currently tarting around in yesterdays initial balance range:
GBPUSD SCALP trading road map hello dear trader
this price action for GBP on 15 time frame ... these leveles draw with great attention...
i am waiting for another Lower low for buy step one on GBP and sell it on the higher high (HH) in the chart....
after this wanna buy step 2 after pull back in supourt area ...
stop loss need for any position
good luck
XAUUSD Daily timeframe analysisLooking at the daily timeframe we have had our push up for the day and are at a very critical level where we have seen price reject on the daily timeframe 26 (yes twenty six) times in the past.
This is significant because it means there is a high probability of price rejecting this level and moving down, however, should we see price close above this level it would indicate a strong chance of price continuing to the upside.
Even as a scalper this level is key because it will help give the bias/overview for the remainder of the day and tomorrow.
XAUUSD Outlook 24/7/23 Major daily zone 🚨Good evening gold gang .. its finally upon us. The new week!!
Im excited to get back to business.
Gold is now approaching a daily structure point where we can either start climbing up to the 1993 key level as i talked about last week .. or we break the trend and start coming back down.
DXY in pull back phase currently but looks like it can turn at anytime allowing gold to push up .. lets see!
Reversal point on the chart at my algo level would be amazing if we can get it in london tomorrow .. if not, buys above break and retest style is the next best option.
Sells tucked away below the trendline there incase we violently drop .. wait for retests before you shoot!
A big news week too with red folders every day! so lets expect fireworks. We love it.
A reminder to follow along if you are not already .. don't miss my updates during the day!
catch you in london session my friends
tommyXAU
GBP/JPYIt's more like Scalp trading. I don't usually do scalping, but here is a low risk, and you can enter with a small position .. nothing to add here .. trend line is broken. I'm waiting for a price to make a pullback, follow it wherever it goes, and remember to stop the trail.
May all your position stop with a Take-profit.
PS. Leave your comment and thoughts.
Simple Setup on GBPJPYHey guys, here is a simple setup for GBPJPY. Wait for the candles to close below the sell zone or buy zone. I am using the Stochastic RSI with settings of 14-3-3 to identify a fake out. Once the one hour candle closes below or above the zone, you can check if the Stochastic isn't oversold or over bought. If you have these confirmations, then you can take position on either side.
EUR/USD Prediction on 14.07.2023Despite some fluctuations and occasional rallies, the Euro (EUR) remains in a bearish state. Several factors contribute to this ongoing bearishness in the EUR.
Firstly, the economic performance of the Eurozone has been underwhelming. The region continues to face challenges such as high unemployment rates, sluggish growth, and structural issues within individual member states. These factors weigh on the overall confidence in the Euro, discouraging investors and contributing to a bearish sentiment.
Secondly, political uncertainties within the Eurozone have further weakened the EUR. Disagreements and divisions among member states, particularly regarding fiscal policies and the future direction of the European Union, have created uncertainty and hindered the Euro's strength. Issues such as Brexit and the ongoing concerns surrounding Italy's debt situation have also added to the bearish sentiment.
Additionally, the divergence in monetary policies between the European Central Bank (ECB) and other major central banks, such as the US Federal Reserve, has also had an impact. The ECB has maintained an accommodative monetary policy stance, with low interest rates and quantitative easing measures, while other central banks have started tightening their policies. This divergence creates a less favorable environment for the Euro, making it less attractive for investors seeking higher yields.
Furthermore, global factors such as trade tensions and geopolitical risks also contribute to the Euro's bearishness. Uncertainty surrounding international trade relations, particularly between major economies like the United States and China, can lead to market volatility and risk aversion, which typically favors safe-haven currencies over the Euro.
It is important to note that market dynamics can change quickly, and the Euro's performance is subject to various influences. However, as of now, the prevailing factors mentioned above suggest that the Euro remains in a bearish state. Investors and traders should carefully consider these factors and closely monitor the economic and political developments within the Eurozone to make informed decisions regarding the Euro.
AUDJPY Intraday Trade As we can see, the price has broken the major trendline and confirmed with 4H candle, in the 1h timeframe we can see double bottom and has broken the neckline, 2 confirmation valid.
if we go to the 30m timeframe, we can see the bullish structure that we can use for entry
this is just intraday trade, maybe the major trend and minor trend doesnt match, but we can take little by little from the movement, note that
our target is 95.052
let see...
dyor
Bitcoin Breakout Today?On the hourly timeframe there are some small developments with bitcoin that are nonetheless deserving of one's attention.
Just prior to the weekend, BTC put in a low, followed by a dramatic move to the downside which put in a lower low. However, if we look to the Relative Strength Index, we can see that a low was also put in but after that, a higher low was painted. This of course would be referred to as bullish divergence. Over the weekend, while trading volume is low, the price simply consolidated sideways but the question now is are we due for a move to the upside off of this divergence on the RSI, or was the consolidation it?
The price around 30450 has been stubborn resistance as we have tested it 3 times now since the divergence was put in. This of course is bearish, but... levels, as they are tested over and over again, typically break and give way the more they are tested. And if this level were to finally give in, it would not be a surprise to see a run to 30833 occur.
This would be a nice target area for profit taking. But if 30450 can flip as support theres reason to believe that an attempt to push even higher would be in the cards.
Keep an eye on this as the new trading week gets underway today. We have been ranging sideways for a while now but theres no reason one cannot capitalize on the opportunities that present themselves until this range is finally broken.
5 Trades this week & +2.40% 🥲 / Part 2This is Part 2 of Weekly Review video analysis where I detail some of the markets price action this week. I talk about ideas such as the psychology of the market, key levels that played an important role, and my NFP buys.
If you enjoyed this video analysis, please leave your support with a rocket or a comment below. If this was interesting, follow for more! Anyways have a nice rest of your weekend and have a safe next trading week.
5 Trades this week & +2.40% 😆 / Part 1In this Weekly Review I breakdown my thought process for my first 4 trades of the week. The video was cut short due to a 20 Minutes max length for tradingview. I just learned about this since I am new to video analyses on tradingview. I will be uploading the Part 2 for my final (5th) trade of the week at some point this weekend.
If you enjoyed the video, please leave a rocket or a comment 😁
I will be making more video analysis for the channel as I have been enjoying them myself. Anyways have a nice weekend.
GOLD buyXAUUSD aka Gold we will know have multi time frame anylsis and we start from daily TF in which gold is going to complete a falling wedge and has taken all the Sell orders on daily time frame through a fake out candle and now it will reach its buy zone soon
2- now as we see on H4 time frame on 1924 level it has given a beautiful Bearish engulfing which gives us a short term signal to short this commodity to our level at 1913 so we have take a scalp trade from our M15 bearish Engulfing zone
3- now on Daily time frame we have a buy confluance as gold is showing us rejecton and 200EMA also showing a buy side potential