GBPUSD1D - On the daily timeframe, we continue to be in a long context. Throughout the week, we sustained the movement from highly liquid zones. After Friday's close below the previous fractal, the price initiated a short movement towards the nearest fractal minimum (as mentioned in last week's review, the decision to leave equal lows around 1.26 seems justified). Due to the significant amount of news this week, I expect a breakout from the sideways movement.
Trade
EURUSD 1wOn the weekly timeframe, after the shift to a long context in mid-December, we witnessed aggressive movement that also surpassed the fractal maximum. Subsequently, a corrective movement began, with the target of this correction being considered the fractal level at 1.072. It's crucial to note that if the price firmly establishes below 1.072, it will signify a change in context to a short one.
EURUSD 1DOn the daily timeframe (1D), a short order flow emerged earlier this week. Currently, we are still in a long context from the perspective of the higher timeframe. However, the primary target for the movement is considered to be 1.072. After reaching this level, we may continue the movement as indicated on the chart. If the price solidly establishes below 1.072, the context will shift to a short one.
EUR/USD ShortEUR/USD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a subsequent impulse back down on the one hour chart followed by a tight two touch fifteen minute flag and then I'll filter the latter on the five minute chart and be looking to get short with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's unstructured or I don't manage to secure a risk entry.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
HINDUNILVR--Demand Zone @2300 ??This stock is trading in a range bound from long time...
facing resistance on top at 2720 levels, and finding support at 2440 levels multiple times.
on bottom side at 2300, we have great demand zone.
look for buy when price comes to these levels.
A drop base drop, may be possible in this stock...wait until price breaks the trendline and wait for retest then look for short.
or buy when price test this demand zone.
EURUSD DayPlan#EURUSD
Greetings! Anticipating a continued focus on short positions for the euro. On the higher time frame, we are entering the daily FVG, indicating potential further downside. As of now, no compelling reasons for a reversal have been identified. Positions will be considered from the Asian session's high.
NZD/CAD LongNZD/CAD Long
• If price impulses up above our most recent two lows on the one hour chart and a subsequent three touch tight fifteen minute flag forms, then I'll filter the latter on the five minute chart and be looking to get long with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's unstructured or I don't manage to secure a risk entry.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
USD/JPY ShortUSD/JPY Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a subsequent impulse back down on the one hour chart followed by a tight two touch fifteen minute flag and then I'll filter the latter on the five minute chart and be looking to get short with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's unstructured or I don't manage to secure a risk entry.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
XAUUSD (Gold) Slightl bullish in trend but still not clear the wXAUUSD (Gold) Slightly bullish in trend, but still not clear on the way.
The major level at the Gold tested was 2060 and gained more power from 2040 after last weekend's movements.
Now, if the H1 closes above the 2050 zone, it will short-term push the price toward 2060. The price of the US dollar was also up from 102.097 and is trading at 102.459.
Technically, we sell from the 2060 zone with 50 pips. Stop loss.
Note: If China, Japan, and US armor sales and news of war get authentic, then gold will move its trend from bearish toward bullish movements.
Keep an eye on the US index and other international channels for gold trading.
If you see some price rejections from the 2060 or 2050 zone, then you must sell the gold, and the target level must be 2040, 2033, and 2020.