NAS100 22/10/23N1 giving us another bearish range overall and we finished our week with overall a run of another low, taking this into account, iam not looking at our range as broken but i am looking for more bearishness leading us into this new weeks session, we have an untapped POI and some very clean liquid highs for price to tap into.
Overall iam looking for a short after we take either the low clearly or we shift up to take the liquid high.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
Short-long
EURUSD 9/10/23Our final pair for this week Euro USD you can see that we are in again a bullish swing range this swing range was only confirmed after price shifted lower from the market open gap again this holds less probability when it comes to confirming a truly manipulated high within our swing range but as it stands we will look at it as a true breaker structure since this breaker structure we have tapped into our only unmitigated POI and we have seen a bullish move up we have not come up to fill the gap yet, But as we are in a bullish range it makes the fulfilment of this gap even more probable of course we will look towards our Tuesday sessions for our true price movements as today is a bank holiday but we will continue to follow price action to see if we can get some short term moves until this gap and range is fulfilled
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
USDCHF 9/10/23US dollar to the Swiss franc is showing us exactly what we'd like to see which is a reversed version of our USD secondary pairs so for example in this case we have a bearish swing range showing us that the gap is at the low of the range in our usd secondary pairs we have the reverse where our gap is at the top of the range and we are in a bullish directional range now the gap on the US dollar Swiss franc was not as large as our other primary pairs but we have still had a gap at market open which has now been filled due to the high impact news on Friday we created a huge 5 minute range this range needs to be broken either higher or lower to confirm our manipulated low until that we will just continue to follow the internal price action to possibly find some movements for a short term entry.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
NAS100 9/10/23second pair up on our markups for today is NAS 100 otherwise known as the NASDAQ pretty similar looking setup here we have a bullish swing range with a swing higher and a swing low preformed the Main point we need to focus on here is the swing high technically has not been formed through to regular price action it's actually been formed from the gap that was created at market open meaning that this swing high may not be as clear and as clean as we would expect for a normal swing high this does not change the probability of the swing low holding orders as this was formed pre gap we have inducement at our lower POI and we also have internal price action which could lead us to sell this lower we would expect the gap to be filled even though it is represented as one large candle on this price chart.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
GBPUSD 9/10/23Starting off this week's markups with British pounds to the US dollar as many of you are probably aware there was a war that broke out over this weekend which has affected the open price of nearly all US correlated pairs this in turn has left a gap which has made things a little bit more interesting coming into this week as we have gaps to fill and imbalances to rebalance now as it stands we have a news driven bullish range here for British pounds of the US dollar which was formed on Friday we have broken structure to the downside within this range giving us our swing high and our swing low meaning that we do have a completely formed manipulated range aka a swing meaning that we can look to trade this higher the major point to take away from this is the fact that we have a gap to fill in the upper half of this range meaning price has more of a reason to travel higher as well as possibly seeing price go higher before visiting our point of interest of course we'll treat this like every swing range that we always track and we will wait to see how price behaves once it hits our point of interest very little news for this Monday so I'm not expecting anything crazy until we get into Tuesday's sessions.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
GBPUSD - Long/Short Trade IdeaMy bias is still lower prices for now (refer to my higher-timeframe ideas). However, am interested to see if these trade ideas play out, at least one of them. What is important to me is the day of week, and the time of day, engineered liquidity, along with any scheduled economic news drivers.
XAUUSD, long- and shortterm TA, 17/09/2023
The amount of money that is now used in gold, is high compared to the last time we reached the 2050 range. Last time we went down much faster and touched a bottom around 1600 range, which was a lower low after a higher high at the time.
The retest on 2050 was last May and since then little volume has been lost, which means that we may even experience a new ATH this year or early next year.
In recent years, the amount of circulating money in stocks, currencies, etc. has increased tremendously and it has become normal to invest. Both long term, which mainly forms a foundation against lower lows and short term which ensures that we can break ATH. In addition, we must not forget that, for example, Bitcoin also affects how much money goes around in FXOPEN:XAUUSD , it is therefore known as the digital gold for a reason.
Also, because there's a lot going on in the world that affects everything that has to do with money, I think we need to be careful with trading and analyze what they're going to do.
Think of:
Massive inflation everywhere, which could cause us to have another financial crisis.
War between USA and Russia (and China?)
Digital currency that creeps into our lives, think also of digital currencies that governments release.
Brics countries that will trade their commodities in their own currencies.
Corona that keeps letting you know it still exists.
Environmental things that are apparently very important to governments while we can't change that.
And probably a few more items that have an impact.
On the 4 hour chart, we're still in a falling wedge pattern.
A falling wedge means that there is a high probability of an uptrend when there is a breakthrough of the trend. When this breakthrough will happen is hard to say. Personally, I think it will happen in late September or October.
Further in my technical analysis, I will try to explain why I think that.
The 1 hour chart shows that a head and shoulder pattern has been formed.
After the last shoulder is formed, it is clear that there is a downtrend towards 1900.
At the end of June, this range was also a bottom, after which the price went up again. This means that there is a strong support around 1900.
Personally, I don't think we're going to get below 1900. If that is going to happen, I expect at least bottom of 1880.
After touching the price of 1900, it rose to a price of 1930 within 1 day, reaching the same high as the right shoulder.
Next week could possibly be a beginning breakout to 2050, but I expect a strong resistance between 1935 and 1945 range.
For now it has to break the 1930-1935 range.
If that doesn't happen, we'll continue the downtrend and make a breakout later in the Falling Wedge.
GBPUSD 10/9/23GU we have a nice counter and a trend setup here with this pair, as a whole we need to look towards our open to tell us if we can trade these moves, short term bullish, long term bearish but of course as mentioned in our earlier mark up we aren't really that clear with our corresponding pairs for example USD is looking like we might be bullish within some pairs and bearish within others, keeping this in mind at our open and within our first Monday sessions.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
USDJPY 10/9/23Starting things off with UJ we saw a clear bullish run last week and it looks as if we may seem this carry over into this coming week. from what we have structurally we are sitting at the high of a bullish swing range BUT without having a clear SWH formed, this leads us to believe that we could see a bearish open from our UJ pair. now of course we know the market will do as it pleases but if we do form a swing high we might be able to trade the c- swing POI lower into our range and possibly even our POI.
As it stands we are looking for buy moves from our POI highlighted but until we have a confirmed target (SWH) we can only speculate.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
GBPJPY key lavelsDear traders,
Daily
Market close above the previous key label
Hourly
we have 2 expectation
We are expecting bullish breakout of this this key label. After the confirmation we will take the trade to the up side .
If market does not break the key label......After the confirmation we will take trade to the down side
XAUUSD Gold daily breakdownFriday NFP saw the daily candle close in a very weird spot.
1. it started as a very bullish candle and turned doji
2. it closed within the range
3. despite being a doji it created a support with the previous daily bearish candle.
Is this significant? I don't think so. not yet. Monday's daily candle will tell us everything we need to know, especially as we will be forming structure for the weekly candle. Ideally Monday is bearish and flips bullish to create a bottom wick and grab liquidity before moving up, however we will see what happens.
GBPUSD 2/9/23Final pair for this Sunday evening is GU
now as per our other USD related pairs we can see the news range clear as day, this again is a very telling sign as to what we want price to do within this range but as always we are not going to jump in head first, and we are using the new POI as we always do with caution!
Iam overall thinking we are most likely going to see a bearish shift, il only be entering with less risk and a confirmed entry point.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
USDCHF 3/9/23 UC has carried is bullish trend over again into another bullish swing trade setup so we have reason not to follow this into higher prices, now we do have a direct correlation with our other USD pairs as we are now shifting bullish so really expecting the same as the last few markups we dropped, overall C-swing poi already showing us a clean move lower so we now just have to wait for this to drop to our entry zone to long this pair higher!
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
NAS100 3/9/23Here on nas100 we have a bearish swing range with a nice collection on confluences, firstly the range is a strong sell range, secondly we have clear IMB and FVG to show us directional strength and power, we also have a clear NY open POI which as discussed in previous posts can provide sone great POIs overall, we know of course that this POI/RANGE was given to us during news alike many of the other pairs effected... BUT as always we follow what we see and how the market is delivering to us!
So we follow our ranges and look for shorts from our POI.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
29/08/23 Weekly outlookLast weeks high: $26824.0
Last weeks low: $26045.0
Midpoint: $25266.0
The weekly outlook starts on Tuesday this week due to the bank holiday. Despite a strong decline 2 weeks ago price has stabilised into a much tighter spread, almost like a sinewave across the midpoint.
Because of this for me personally there is no clear near term direction, however the longer term direction would seem to be bearish thinks to that new lower high after the pullback. We'll know for sure once a new lower high is posted.
If that happens, I would expect most of this years progress to be retraced back down towards the 19k area by the end of the year/Q1 2024.
For now there is not a lot to do as LTF chop is very difficult to navigate currently.
BTC time for a new analysisHello Birdies,
Hope you are all well. Lets find a new perspective in BTC today.
Legends
Power of 3 - Blue, Red and Green rectangle
Channel boundaries - Orange channels
Supply Zone - Red box
Fib
Analysis
So far we have seen that PO3 made it to the upper boundary of channel formed during the pattern
If we go down to 23.6 fib level for the liquidity than I am safe to assume it will open haven gates for $34k - $38k levels
But if it goes for $31.5k - $32k levels than it will behave as a bull-trap and we will go dow to $23.5k levels and further down will getting higher probability.
Final Verdict
- Look for the $28k if we go there first long it blindly for $34k+++
- And if we goto $32k first go blindly for $24.6k------
14/08/23 Weekly outlookLast weeks high: $30265.2
Last weeks low: $29472.7
Midpoint: $28680.1
BTC continues to trade a very tight range as it has for many weeks now. 30k continues to be the resistance area, the previous weeks midpoint is the local resistance as its been tested for the last few days and cannot reclaim above. As usual that midpoint from the previous week is important to the direction of this week.
We've had some talk about ETF's recently, the former SEC chief has said the SEC will not approve a spot Bitcoin ETF. Personally I believe the SEC will not want to approve an ETF, however eventually I think players like Blackrock will get what they want, they always do and I wouldn't be surprised if it miraculously gets approved around the halving event, and you can be sure Blackrock and the other big players like Valkyrie would have already bought a large chunk of BTC before the supply halves at much lower prices.
Really that's what every trader/investor is waiting for because at the current moment there really isn't a lot of money/volume at all in the market. The start of this half of the year is evidence enough for that. Reserving capital for the big moves that come later down the line is essential and avoiding being chopped up by the market is a big priority.
NAS100 13/8/23NAS100 sell range here again for another one of our main pairs, we do think this may be abit less likely as we are cross correlating here with our direction, but we've said it before and we will stick by our word, it is not the feeling that leads us it is our analysis and always will be!
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
XAUUSD 13/8/23XU here with another USD correlated setup which of course is showing us a downside bias, but of course we will stay tuned in and see where this really wants to go, overall we are a looking for shorts from to carry on lower into a new range.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
GBPJPY 13/8/23Starting off our Sunday as always with GJ, we came out of last week with 2 clean entries using our ASE system, overall we have a very obvious trendline liquidity zone within our bullish swing range, also known as internal liquidity. this gives price a clear area of liquidity to sweep out before carrying over our order flow.
We are looking for our SWH as our target, but of course we will want to see a shift down to bring us back to our bank order zone before going higher.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!