EURAUD possible ideaAfter price broke previous high, It initiated a liquidity grab before it preceded to rally and break a previously protected strong higher low. This then gave us a shift in market structure from a bullish to bearish market. Price has currently formed liquidity just below a supply zone that it could use to fuel it's move to the downside, running an established trendline liquidity as well as the latest formed weak low.
Supply_and_demand
EURUSD. The buyer is not showing any strengthHey traders and investors!
(For a detailed analysis, refer to the related post)
The buyer is not showing any strength. The price is once again below the lower boundary of the range (1.03319).
The bar on January 8th shows a slight increase in volume, indicating increased interest from both buyers and sellers. Volume is accumulating in the same area from where the buyer emerged on January 6th (the blue line on the chart shows the range where 33% of the bar's volume was traded).
As long as the price remains below 1.03319, it is preferable to look for sell opportunities (sell patterns). Above this level, buy patterns can be considered.
For buying, it would be beneficial to accumulate volume below 1.03319 today and maybe tomorrow, then move back above the level and defend the breakout.
I wish you profitable trades!
DXY (U.S. DOLLAR INDEX) | 1 DAY | UP AFTER THE PULLBACKHi there, dear friends,
I’m sharing my analysis of the U.S. Dollar Index - ( TVC:DXY ) with you. Key points have been carefully highlighted on the chart. Right now, we’re seeing a pullback, but I’m anticipating an upward movement following this phase.
If you’d like to see more analysis like this, don’t forget to hit the like button.🚀
Thanks a lot 🙏🏻
#Monero $XMRUSD One Year AnalysisCRYPTO:XMRUSD
Keylevels / Range
$120: Lowest trend price. If the price closes below this level, it would signal a bearish trend.
$163: Lowest range price. A close below this level would unlock a new lower zone extending down to $120.
$203: Current price.
$233: Upper limit of the current channel/wedge.
$370: Long-term target.
Analysis:
Monero has been trading within a range of $183 to $206 for the past two weeks. The price has closed above $197 for the first time since May 2022. This move potentially unlocks a new range, reaching at least $233, where the upper limit of the current channel/wedge and a monthly/weekly supply zone are located.
A weekly close above $237 would strongly indicate the unlocking of a new charted zone extending from $237 to $370.
Coin Bio:
Monero (XMR), is a privacy-focused cryptocurrency launched in April 2014. It was originally forked from the Bytecoin blockchain. Unlike many other cryptocurrencies, Monero's primary focus is on ensuring the anonymity and untraceability of transactions.
Key features include:
Ring Signatures: Obfuscate the sender's identity.
Ring Confidential Transactions (RingCT): Hide the transaction amount.
Stealth Addresses: Create unique, one-time addresses for each transaction, obscuring the receiver's identity.
These features make Monero attractive to individuals seeking financial privacy and are a core differentiator in the cryptocurrency space. It's developed by an anonymous community of developers and has gained significant traction for its commitment to private and fungible transactions. While its focus on privacy can be controversial, it remains a prominent cryptocurrency with a dedicated user base. XRMUSD specifically refers to the trading pair of Monero against the US Dollar.
#CRYPTO #MONERO #XMRUSD #XMR #CRYPTOCURRENCY #AHMEDMESBAH
EURUSD. Trading opportunityHey traders and investors!
Daily Timeframe Analysis
On the daily timeframe, there is a range-bound market. The boundaries are marked on the chart. The current buyer vector is 5-6, with a potential target of 1.06098. A buyer zone has formed within the current buyer vector (green rectangle on the chart). Buying opportunities (buy patterns) can be sought from the buyer zone.
1H Timeframe Analysis
On the hourly timeframe, there is also a range-bound market, with boundaries marked on the chart.
Given the daily timeframe, it's preferable to look for buys from the lower levels of the range (1.03525, 1.03319 – 1.03286) or after the buyer breaks out of the upper boundary (1.0437) and defends the breakout.
I wish you profitable trades!
Gold. Buying opportunitiesHey traders and investors!
Daily Timeframe Analysis
On the daily timeframe, there is a range. The current buyer's vector is 7-8, with a potential target of 2721 (2726). A buyer's zone (marked by a green rectangle on the chart) has formed in the emerging buyer's vector. For a detailed analysis, refer to the related post.
The seller's daily bar from January 6, with increased volume, failed to engulf the buyer's bar from January 2, which created the buyer's zone (green rectangle on the chart). The key volume of the bar (the blue band on the chart shows the range where 33% of the bar's volume has been traded) is below the level of 2636.705, which we've been monitoring. This favors looking for buying opportunities.
1H Timeframe Analysis
On the hourly timeframe, there is a range near the level of 2636.705, with boundaries indicated on the chart.
Buying Strategy
Buying patterns can be sought at the bottom of the range or after the buyer exits the range and defends the breakout.
The potential target on the daily timeframe is 2721 (2726).
I wish you profitable trades!
EURAUD - Potential Rejection at ResistanceThe EURAUD pair is approaching a significant resistance zone near the 1.67000–1.68000 range, which aligns with a prior resistance zone where the price has historically struggled to break higher. This area marks a potential point of trend exhaustion, as the market structure suggests that sellers could regain control.
If the price shows a clear rejection from this resistance zone, I anticipate a potential downward move toward the 1.65400 support level. This setup aligns with the notion of a bearish reaction after a rally into resistance.
If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
GBPAUD: Potential Rejection at ResistanceThe GBPAUD pair is currently trading near a key resistance zone, where sellers may regain control. This level has been a significant area of interest in the past, leading to reversals. The recent pullback into this zone suggests a potential for bearish continuation if price action confirms a rejection.
If the market provides a clear rejection pattern, such as bearish engulfing candles or wicks signaling rejection, I anticipate a move downward toward the 1.99911 target level. This setup aligns with the expectation of a short-term correction within the broader market context.
Let me know your thoughts or if you have a different perspective! Feel free to share in the comments.
EURNZD - Potential Rejection at ResistanceThe EURNZD pair is approaching a significant resistance zone marked by prior price rejections. This area aligns with a key supply zone, and the market structure hints at a potential reversal. The overall context suggests that sellers may take control at this level, leading to a downward move.
I anticipate that if the price shows a clear rejection from the resistance zone, the market may head lower toward the 1.83200 support level. This setup aligns with the idea of trend exhaustion near resistance.
if you agree with this analysis or have any additional insights, feel free to share your thoughts in the comments!
XAUUSD. Trading opportunityHey traders and investors!
Happy New Year to everyone!
Wishing you health, energy, and success in all your endeavors!
Patience, composure, and perseverance in mastering the intricacies of the markets!
On the daily timeframe, there is a range. The current buyer's vector is 7-8, with a potential target of 2721 (2726). In the buyer's vector that has started, a buyer's zone has formed (green rectangle on the chart). The seller is testing this zone.
Buying opportunities (buy patterns) can be sought from this zone.
On the 4-hour timeframe, there is also a buyer's zone at these levels, and a test level has already formed at 2636.705. You can look for buying opportunities from a manipulation (false breakout) of the test level if the price returns there.
I wish you profitable trades!
BTCUSDT. Analysis of the daily timeframe.Hey traders and investors!
The price of Bitcoin entered the range of 92,232 - 90,500, and the buyer resumed activity (see previous posts).
On the daily timeframe, there is a range, with its boundaries marked on the chart.
The current buyer's vector is 6-7. The first target is almost reached at 99,963.7. The next target will be 103,333 (the seller’s zone at the upper boundary of the range).
If looking for buy opportunities, it’s advisable to focus on lower timeframes with a tight stop-loss and a near-term target based on the lower timeframe.
The feasibility of looking for sell opportunities can be evaluated once the price reaches 103,333
I wish you profitable trades.
Potentially large move on gold inbound.Gold daily is showing price rejection right in the range of $2,666.90 which is an area of confluence of resistance, Icimoku cloud, and a triangle that price has formed. Looking left I can see that the current price is a high traffic zone with many daily candles opening and closing as well as a lot of indecision. Essentially, I can see price churning to the right until Friday, January 10th for NFP. Because the price is in such a zone that it is in right now, bullish or bearish news, I predict price will push to and passed the zones in green and will most likely move to the support and resistance that I has indicated with the arrows.
[Vienmelodic] EURUSD - 2 Jan 2025 SetupEURUSD Market structure are still now in a bearish mode. Spotted nearest supply area (Red Rectangle). This is the first supply area that breaking the market structure, it's ussually very good area to entry.
Entry Position : Short
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly above supply area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Vienmelodic
[Vienmelodic] GBPCHF - 2 Jan 2025 SetupGBPCHF Market structure are still Bullish. Spotted demand area (Green Rectangle). its the first demand area and theres a bullish engulfing candle before the area so its the evidence of strong bullish continuation pattern.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Vienmelodic
[Vienmelodic] CADCHF - 2 Jan 2025 SetupCADCHF Market structure are now in Bullish structure. Spotted demand area (Green Rectangle) and this area are breaking a new high so it the evidence of strong trend continuation.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Vienmelodic
[Vienmelodic] CADCHF - 3 Jan 2025 SetupCADCHF Market structure are making Bullish breakout once again. Spotted demand area (Green Rectangle) near our last worked area. this is the second demand area since we already got profits 1:3 on yesterday's setup
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Vienmelodic
#Ethereum $ETHUSD One year analysis.CRYPTO:ETHUSD Key Levels:
1. 4500 = Nearest major supply & 12 month target.
2. 4105 = Last year's high.
3. 2700 = Closest majot demand.
Analysis:
CRYPTO:ETHUSD is currently trading slightly below the 2024 high of approximately $4105. This level has broken above March's high around $4090, therefore it is no longer valid and must be cleared for ETH to reach a new all time high above the upper channel wedge.
The current uptrend appears to be losing momentum. For a resumption of the bullish trend, a period of price consolidation near the lower wedge of the current channel, around the $2700 demand zone, may be required to gather momentum.
Conclusion, A retest of the $2700 level may provide a very favorable buying opportunity.
#AhmedMesbah #Ethereum #ETH #ETHUSD #ETHANALYSIS #CRYPTO #CRYPTOCURRENCY #ETHCOIN #SUPPLYANDDEMAND
#PEPE $PEPEUSD Is seaking demand.CRYPTO:PEPEUSD Key levels:
0.00021600 = Nearest Weekly/Daily Supply
0.000014900 = Nearest Demand / Breakout level
0.000010100 = Channel lower wedge last buying level "Below this the coin turns bearish"
CRYPTO:PEPEUSD
Is currently seeking demand after the price has tested the recent nearest supply around 0.00021600.
Price is determined to test the nearest demand around 0.00014900. A daily close below this level is unlocking a new zone that extends until the lower channel wedge around 0.000010100.
The coin is abuy as long as it is trading above 0.000010100. Any daily/monthly close below this level is bearish.
#AHMEDMESBAH #CRYPTOCOIN #PEPE #PEPEUSD #ETHEREUM #MEMECOIN #MEME #SUPPLYANDDEMAND #CRYPTOCURRENCY