Supply and Demand
AUD/JPY 4H Timeframe AnalysisAUD/JPY 4H Timeframe Analysis
Trend Analysis:
The AUD/JPY pair is currently in a reversal phase, with the price initially hitting minor support at 95.700 during a downtrend. This was followed by the formation of a Doji and a Bullish Engulfing Candle, signaling a shift in market sentiment. The price began creating higher highs and higher lows, eventually breaking the minor resistance at 98.200. After a retest of this level, a double bottom formed, accompanied by a wick rejection and a bullish engulfing candle, further confirming the bullish reversal. The price then moved above the minor resistance, accumulated buying orders, and performed a liquidity grab below the resistance before resuming its upward momentum.
Price Action Expectation:
After the liquidity grab, our objective is to wait for the price to break above the minor key resistance at 98.200 again, confirming a continuation of the bullish trend. The plan is to place a buy stop order above the resistance at 98.240, ensuring entry once the breakout is confirmed. A stop loss will be placed below the liquidity grab at 97.460, while the target for this trade will be the next resistance level at 99.930.
Trade Setup:
Trade Type: Buy Stop
Entry Price: 98.240 (just above the minor resistance after a breakout)
Stop Loss: 97.460 (below the liquidity grab)
Take Profit: 99.930 (next resistance level)
Additional Considerations:
Key Level Reactions: Monitor price behavior near 98.200. If the price fails to break above this level, it may indicate potential consolidation or reversal.
Risk Management: Ensure proper position sizing to maintain a favorable risk-to-reward ratio of at least 1:2.
External Factors:
Stay vigilant for economic data releases or geopolitical events that may impact the AUD or JPY, as these can introduce unexpected volatility.
Conclusion:
The AUD/JPY pair exhibits strong bullish potential following a liquidity grab and double bottom formation. Traders should watch for confirmation of the breakout above 98.240 to capitalize on the continuation toward the 99.930 resistance level. As always, careful risk management and attention to key levels are essential for executing this trade effectively.
BTC Analysis for LONG....Asalam.o.alaikum (Hi)! Community,
Hope you all are doing great, and preparing yourself for the chirstmas. So here is the LONG-TERM idea for the BTC according to the 30min timeframe. Market is in the 50% reversal area and keep an eye upon it... Let see the market move.
Cheers,
Thanks!
Intikhab Gillani MOCHH
Analyst (Ultra Securities & Hedge Funds PvT Limited Pakistan)
22/12/2024
Master Gold Trading with Precise Price Action Strategies!FXOPEN:XAUUSD
Alexgoldhunter Chart Analysis: CFDs on Gold (US$/OZ) 1-Hour Timeframe
Current Market Structure
Current Price: $2,623.689
Resistance Levels:
2,650.000 USD
2,645.861 USD
2,635.056476 USD (0.786 Fibonacci level)
2,629.61603 USD (0.705 Fibonacci level)
2,623.775288 USD (0.618 Fibonacci level)
Support Levels:
2,615.847 USD (0.5 Fibonacci level)
2,607.921412 USD (0.382 Fibonacci level)
2,588.000 USD
2,578.000 USD
Indicators
RSI: 63.41 (indicating neutral to slightly bullish sentiment)
MACD: Shows bullish momentum with the MACD line above the signal line
Volume Profile: High trading activity around $2,700, indicating strong support/resistance zones
Buy Strategy
Confirmation:
Look for bullish candlestick patterns (e.g., hammer, bullish engulfing) near the 0.5 Fibonacci level ($2,615.847 USD).
Ensure RSI remains above 50, indicating bullish momentum.
Entry: Enter a buy position around the 0.5 Fibonacci level ($2,615.847 USD).
Stop Loss: Place a stop loss below the next support level at $2,578.000 USD to manage risk.
Take Profit: Aim for a 2:1 risk-reward ratio, targeting around $2,645.861 USD (resistance level) and $2,650.000 USD.
Sell Strategy
Confirmation:
Look for bearish candlestick patterns (e.g., shooting star, bearish engulfing) near the resistance levels around $2,650.000 USD.
Ensure RSI remains below 50, indicating bearish momentum.
Entry: Enter a sell position around the resistance level at $2,650.000 USD.
Stop Loss: Place a stop loss above the strong resistance level at $2,655.000 USD to manage risk.
Take Profit: Aim for a 2:1 risk-reward ratio, targeting around $2,615.847 USD (0.5 Fibonacci level) and $2,607.921412 USD (0.382 Fibonacci level).
VIP Signal Format
entry: $2,615.847 USD tp1: $2,645.861 USD tp2: $2,650.000 USD sl: $2,578.000 USD
This analysis uses price action techniques to generate a structured buy and sell strategy for CFDs on Gold (US$/OZ). If you need further details or adjustments, feel free to let me know! 📈😊
Follow @Alexgoldhunter for more strategic ideas and minds
EUR/USD Downward Movement to Continue?The EUR/USD pair continues to show bearish potential on the daily timeframe.
While Friday's high could be taken as part of a retracement, the overall trend remains bearish.
There is a potential move toward the sell-side liquidity (SSL) below, aligning with unmitigated imbalance zones and market structure.
Watch for price reaction in and around the Daily FVG level and the Fibonacci retracement zones for a potential bearish setup on the lower timeframes.
Trade Safe ;)
BNB Bull Run Prediction WeeklyBNB is being used widely in the binance platform it self which has pretty big BNB community. Thats a side, price is finally performing a break out after 4 years with 4 rejeceted price levels...
Okay thats great but How can we predict the possible tops? I've used fib levels 1.618 and 2.618 in the chart as u can see.
What if Run Fails?
I don't know if possible but if ever bnb comes to 200 dollars and below there will be insane amount of buying pressure. Possibly Banks and instutions will use that level to push the price back to 1k
This bull run, likely will lead bnb coin to 2x easily, But why it cant do 10x 20x 30x just like before?
Well with the increased market cap, i dont think we will see those old insane profits anymore, especially in big coins like btc solana ethereum xrp and bnb and more.
My analysis is just to look back and see my mistakes. This is just a diary.
Key Levels Overview for the Week 12.2024(23-29)Key Levels Overview for the Week🔳🔲12.2024(23-29)🔳
Dynamic Supports🔀
When the price is outside the range where pivot points are located, levels drawn in previous weeks can be used for assistance.*
Dynamic Resistance🔀
103000
102000
101000
100000
Mid Pivot (🐂bull&bear🐻 zone ch trend)
120444
110999
101444
range of supply and demand
101777
107888
114000
XAUUSD 22/12/25XAUUSD Analysis
Last week, we began with a bullish bias, but our outlook quickly shifted to bearish by Monday's close. This shift led to the significant downside movement observed during the latter half of the week, driven by fundamentals. We saw a substantial run targeting the lower levels, which brings us to today’s bias, which remains bearish.
Currently, we are focused on the three liquidity lows as our primary targets. As always, we look to the highs within the range to provide optimal entries for these targets. At the moment, there is a high in the middle of the range, but we are prioritizing the higher, more favorable highs for potential short positions. If an entry aligns with our plan, this could lead to the final sell-off of the week before the New Year approaches.
Trade safe and stick to your plan.
EURUSD 22/12/24EUR/USD Update: Final Week of Trading Before the New Year
As we head into the last week of trading before closing shop for the year, here’s a recap and outlook:
Last week, we called a short after identifying our "money out" level. With a daily bearish bias and liquidity sitting above the highs, we outlined a clear sell scenario. The market delivered exactly as expected.
Looking ahead to this week, our bias remains unchanged, and the principles stay the same. We are targeting deeper moves lower, focusing on the daily low at the base of the current range. Following the same approach, we anticipate the highs to be swept first, creating opportunities to enter and ride the price down to key lows.
Currently, we have a potential high forming near the center of the range, but this is unconfirmed for now and remains a possibility. Keep an eye on all the marked highs—we’re waiting for a sweep of these levels, which could trigger the final market move of the year. If an entry presents itself, we’ll look to trade lower.
Stay disciplined, trade your plan, and manage your risk.
Dogecoin roadmap (new update) 3DIt's time to take a step back from Elon Musk's favorite coin!
From the point where we placed the red arrow on the chart, it seems that Dogecoin's major correction had begun, and at the point where we placed the green arrow, Dogecoin's bullish phase started—a large, multi-year phase.
This bullish phase, based on price-time rules, appears to be a diametric or symmetrical pattern.
Now it seems that wave E of this large diametric has completed, and the price is entering wave F, which is a bearish wave.
Previous corrective waves of this diametric lasted between 196 and 347 days, so wave F is also expected to last between 196 and 347 days.
Similar to waves B and D, wave F is expected to be highly volatile.
Between the two vertical lines and within the horizontal green zone, the correction for wave F is expected to conclude, transitioning into wave G. Wave G will be a bullish wave that might lead to a new ATH (All-Time High).
A weekly candle closing below the invalidation level will invalidate the buy outlook for the green zone.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
THE KOG REPORT THE KOG REPORT:
In last week’s KOG Report we said we would be looking for the levels of resistance above at the 2670-75 region where we anticipated the short trade to come from and the lower levels of support standing at 2630 where we wanted to see a reaction in price. We managed to get the short just below around the 2665 region giving us a nice start to the week in Camelot, targeting lower and breaking through 2630. We then continued to short completing the bias target levels as well as the red box targets which were shared with the wider community.
Pre-FOMC we suggested traders pause and wait for the reversal which we managed to get based on the indicator and the FOMC report enabling us to capture the move upside into the close of the week, giving us a phenomenal pip capture on Gold. Add to that the other pairs we’ve traded and analysed through the week, and it was a nice end to week giving us an opportunity to now take it lightly for the remainder of the year.
So, what can we expect in the week ahead?
For this week we will be expecting thin volume so potential for ranging and slow movement with sudden burst of unexpected volume. We again have the key level of 2630-35 above which is a reasonable target region for the start of the week as long as the support level just below here holds us up 2610. If we can start the week with a move into that region we feel an opportunity to long is there with the first region being 2630 and above that 2635. 2635 is the level we’re anticipating a break of into the higher levels of 2650-55 and above that 2660-6, which is where we ideally want to be waiting for the short opportunity to take this back down into the lower levels with potential to then break below the 2600 level.
We say it a lot but this week and most probably for the remainder of the year we will be taking this level to level, hence the report is showing you’re the 4H red boxes which together with our 15min and 1H indicators work well to capture the moves for intra-day trading across all pairs.
KOG’s bias for the week:
Bearish below 2660 with targets below 2610, 2596, 2580 and 2578
Bullish on break of 2660 with targets above 2667 and above that 2670
RED BOXES:
Break of 2625 for 2630, 2635, 2645 and 2660 in extension of the move
Break of 2610 for 2606, 2590, and 2680 in extension of the move
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
THE KOG REPORT - ELECTION SPECIAL COMPLETEDKOG first published this chart at the beginning of November prior to the US Election with our view of the movement expected and the trade plan for the month.
We highlighted the path with the Red arrows and added the green arrows with the actual movement. As you can see, we weren't too far off with the projection using it to then trade the levels intra-day and for the swings successfully. It's worked well and combined with our tools, indicators, algo and target activations we can honestly say it's been another great year in Camelot.
We will end this idea here and mark it as completed at the green arrow point above.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
Unveiling the Path: Silver's JourneyHello Traders
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PNUT ANALYSIS (4H)It seems that the correction for PNUT has started from the point where we placed the red arrow on the chart.
This correction appears to be a complex pattern, such as a diametric or symmetrical formation.
Wave C is expected to complete within the green zone, after which the price will likely enter Wave D.
We are looking for buy/long positions within the green zone.
A daily candle closing 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