AUD/JPY - Overbought levels short term sellHi guys we are looking into the AUD/JPY with a potential sell on the 1H time frame it reached very high levels of Overbought on RSI indicator, so we are following with a correction
Entry: 97.684
Target: 96.900
As always my friends happy trading!
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Supply and Demand
CADCHF – Potential Short Opportunity on RetestCADCHF has broken below a key support zone, indicating a shift in momentum to the downside. This zone previously acted as support and may now turn into resistance, aligning with the break-and-retest strategy.
A bearish confirmation, such as rejection candles, a bearish engulfing pattern, or slowing bullish momentum, would strengthen the case for continued downside. Should this scenario play out, the next target for sellers would be around the 0.63387 level.
Traders should remain patient and wait for the price to revisit the resistance zone and provide clear rejection signals before considering short positions.
XAU/USD 16 January 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Analysis/Intraday expectation remains the same as analysis dated 16 December 2024.
Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase.
Price Action Analysis:
Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity,
for two possible reasons.
1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high.
2. To assist Weekly and Daily TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855.
Intraday Expectation:
Intraday expectation and alternative scenario as per points 1 and 2.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Price Action Analysis:
Recent Intraday expectation was not met with price failing to target weak internal low, by printing a bullish iBOS.
It would be noteworthy to remember that H4 and Daily TF internal structure is bullish.
Price has printed a bearish CHoCH to indicate, but not confirm, bearish pullback phase initiation.
Price seems to be targeting weak internal high, which, in my view, is premature, however, I will remain structured in my approach. At the time of preparing analysis M15 candle remains open.
Intraday Expectation:
Price has yet to trade in to discount of internal 50% EQ or M15 demand zone. Expectation is for price to target weak internal high, priced at 2,702.260
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
ETH ANALYSIS (4H)ETH is currently in a pullback within its internal structure and remains bearish in its substructure.
The liquidity above the chart has been swept, and a significant order block has been cleared. After this cleanup, the price is now attempting to move toward lower zones, feeding on strong order blocks. If the liquidity pool aligns in the opposite direction, it may sweep that as well.
It is expected that Ethereum might bounce back upwards from the Support 1 level or after a liquidity hunt around that area.
Targets are marked on the chart. If it consolidates above the red zone, Ethereum could turn bullish. Let's analyze it step by step.
Closing a daily candle below the invalidation level will invalidate this analysis.
invalidation level:2978
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
GBP/USD 4H Timeframe AnalysisGBP/USD 4H Timeframe Analysis
Trend Analysis
On the 4-hour timeframe, GBP/USD is in a downtrend, breaking below the previous key support at 1.2300, which is now acting as minor resistance. A bearish engulfing candle followed the break, signaling strong selling momentum.
The price has not yet reached the next support level, as we expect a liquidity hunt to occur above the minor key resistance at 1.2300. This would involve a temporary break above this level, gathering liquidity from stop-loss orders, before the downtrend resumes.
Recent UK GDP m/m data, with an actual of 0.1% versus a forecast of 0.2%, highlights weaker-than-expected economic growth, adding to the bearish sentiment for GBP.
Meanwhile, US economic indicators, including Core Retail Sales m/m (forecast: 0.5%, previous: 0.2%), Retail Sales m/m (forecast: 0.6%, previous: 0.7%), and Unemployment Claims (forecast: 210K, previous: 201K), demonstrate resilience in the US economy. This divergence strengthens the USD against the GBP.
Price Action Expectation:
Our objective is to wait for the price to break above the minor resistance at 1.2300, confirming the liquidity hunt.
Observe for a bearish reversal after the liquidity hunt, targeting a break below the resistance-turned-support at 1.22700.
Once the support breaks, expect the price to continue its downtrend toward the next significant support zone.
Trade Setup
Trade Type: Sell Stop
Entry: 1.22700 (upon confirmation of the break below resistance-turned-support)
Stop Loss: 1.23440 (above the liquidity zone to avoid false breakouts)
Take Profit: 1.20730 (targeting the next significant support level)
This setup requires patience and discipline, ensuring the liquidity hunt and subsequent price action align with the bearish outlook..
Fundamental Outlook:
Recent economic data highlights divergence between the UK and US economies, with the UK’s GDP m/m showing sluggish growth at 0.1% (forecast: 0.2%, previous: -0.1%) pressuring the pound, while the US economy displays strength with Core Retail Sales m/m forecasted at 0.5% (previous: 0.2%), Retail Sales m/m at 0.6% (previous: 0.7%), and Unemployment Claims expected at 210K (previous: 201K), showcasing robust consumer activity and a stable labor market, bolstering the dollar.
Risk Management
Maintain a 1:2+ risk-to-reward ratio to optimize outcomes.
Position size should align with your account equity for effective risk management.
Monitor liquidity zones closely to avoid premature stop-outs.
Trading involves significant risks and is not suitable for all investors. Always seek advice from a financial professional if unsure about trading decisions.
2025 vibe #Level2Level
top down analysis done...
HTF direction is based on a AB=CD correction
watching below dec' 2024 low for a sweep of liquidity and then we can resume uptrend or we extend down into the weekly fvg before a reversal pattern shows...but first we need to sweep below dec' 2024 low before anything can be determined.
EURGBP Testing Resistance – Pullback Toward 0.8407 ExpectedThe EURGBP pair is approaching a key resistance zone, where sellers are likely to step in. The current structure suggests a potential rejection at this level, with the price expected to pull back toward the 0.8407 level, which represents a logical target for this setup.
This setup aligns with the idea of a short-term correction from resistance, offering a potential short opportunity if rejection is confirmed.
APPLE - Bullish Setup at Channel SupportApple stock has recently rejected a significant support zone, which aligns with the lower boundary of the ascending channel. This rejection was accompanied by a strong bullish candlestick, signaling renewed buying momentum. The price is now positioned for a potential move toward the $250.00 level.
This setup suggests further bullish continuation as long as the support zone holds. Traders may look for additional signs of buying strength as the price approaches higher levels.
XAUUSD S/R Levels And 4 Trades.There are 4 possible scenarios for today.
Trade 1 Buys : if 30 min candle closes above 2701 than Buy with Target @ 2710.
Trade 2 Sells : if 30 min candle rejects 2700 than Sell with Target @ 2792.
Trade 3 Buys : if 30 min candle rejects 2793 than Buy with Target @ 2700.
Trade 4 Sells : if 30 min candle closes below 2691 than Sell with Target @ 2680.
ETHFI rebuy setup (1D)It seems that ETHFI is completing a symmetrical pattern. There are two important support zones on the chart. If the price reaches these zones, we can rebuy using this setup.
The low-risk areas for rebuying in spot trading are the two entries highlighted on the chart.
The targets are marked on the chart.
The closure of a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
EUR/GBP Trade Idea.After CPI even yesterday making a valid pullback we will be looking to take Buy Side Liquidity.
MacD is supporting our entry along side with staying above both EMA's and staying Bullish on the HTF
For my entry Im looking to enter from this Mitigation Block sitting at this Demand zone.
To confirm this entry we will be looking to fill this imbalance.
Phycological number being 85300 for TP. If this TP reaches then we will be at a valid Batwing pattern.
USDT.D New Update (8H)Read the text carefully
It seems that Tether dominance is completing a Diametric pattern instead of an Expanding Triangle. This is because if it were an Expanding Triangle, the movement following wave E should not have occurred with such speed and strength
Currently, we can expect an upward movement from the green zone
Let's see if wave G is normal or truncated. If it is normal, it can move upward to the yellow zone but
If wave G becomes truncated, it may not create a significant high
Overall, the structure of Tether dominance appears bearish in larger timeframes
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SOLUSDT - Potential Buy Key Support LevelThe SOLUSDT pair is currently trading near a key demand zone, which has been a strong support area in the past. This level aligns with prior price reactions, suggesting a potential area where buyers may step in to drive the price higher.
The current market structure shows consolidation around this demand zone, hinting at a possible reversal if the price confirms support. A bullish bounce from this zone could lead to a move toward the $207.87 level, which aligns with a key resistance area and a potential target for this setup.
Traders should look for confirmation of a reversal, such as bullish candlestick patterns (e.g., engulfing candles or pin bars) or a break of short-term resistance to confirm the upward move.
Let me know your thoughts or if you see this differently! Feel free to share your insights in the comments.
DJI - Testing Key Demand Zone – Potential Buy OpportunityThe DJI is currently trading near a key demand zone. This area aligns with previous price reactions, suggesting that buyers may step in to defend this level.
The market structure indicates a potential for a bullish reversal if the demand zone holds and price action confirms support. A successful bounce from this level could lead to a move toward the 42,812.75 level, which represents a logical target for this setup.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, long lower wicks, or a breakout above short-term resistance. This setup aligns with the idea of a trend continuation from support and offers a potential opportunity for a long position.
What are your thoughts on this analysis? Let me know if you agree with this setup or have alternative insights to share! Feel free to comment below!
NQ Power Range Report with FIB Ext - 1/16/2025 SessionCME_MINI:NQH2025
- PR High: 21421.00
- PR Low: 21378.25
- NZ Spread: 95.75
Key scheduled economic events:
08:30 | Initial Jobless Claims
- Retail Sales (Core|MoM)
- Philadelphia Fed Manufacturing Index
Full rotation back to 21400 range supply
- Pressure applied to long-term shorts below 21200
- Auction halted at edge of daily Keltner average cloud
- Holding below previous session close
Session Open Stats (As of 12:35 AM 1/16)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47%
- Session Open ATR: 383.66
- Volume: 23K
- Open Int: 253K
- Trend Grade: Bull
- From BA ATH: -4.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
ETHEREUM (ETHUSD): Bearish Trap & Confirmed Bullish Movement
I see a nice example of a liquidity grab after a test of a key daily support,
followed by a confirmed bullish imbalance.
With a high probability, the market will continue rising.
Goal - 3672
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DOTUSDTmy entry on this trade idea is taken from a point of interest below an inducement (X).. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as I anticipate.. just a trade idea, not financial advise
Entry; $6.353
Take Profit; $7.609
Stop Loss; $5.949
BTCUSDTmy entry on this trade idea is taken from a point of interest below an inducement (X).. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as I anticipate.. just a trade idea, not financial advise
Entry; $99167.5
Take Profit; $114284.8
Stop Loss; $99858