Trade
XAUUSD 4h4H - On Wednesday, after updating the local minimum, the price aggressively changed the context to a long one in the news. After that, Thursday and Wednesday passed in a correctional movement. The context is still long at the moment, and we are currently in an imbalance. Compression in the form of equal maxima often leads to aggressive reversals.
XAUUSD 1dHello, everyone! Weekly review of the gold-dollar pair from higher timeframe to lower:
1D - Daily timeframe, we are in a short context after updating the historical maximum. After that, we confirmed the short context. At the moment, we have an interesting situation as there is a raid against a raid in still a short context. In such moments, I prefer to gather more information before making a decision.
EURUSD4H - The four-hour chart remains long until the price consolidates below the fractal minimum marked in red. The clear target of the current movement is the fractal minimum with an imbalance. Similar to the daily timeframe, I anticipate primarily covering the imbalance, with the continuation of the price movement towards equal maximums.
EURUSD 1DHello! Here's a weekly review of the EUR/USD pair from higher timeframes to lower:
1D - Since Wednesday, we have shifted the daily context from short to long after the price secured above the fractal maximum. The target was set to the nearest fractal maximum. On Friday, I expected the removal of the fractal local maximum, and the price, in turn, made a corrective movement. Below, we also have an uncovered imbalance. The price is still in a long context, and I anticipate seeing the removal of fractal maximums after balancing next week.
EURUSD#EURUSD Update
The long context is still intact, and it's interesting to consider building a position after another round of liquidity removal below. The targets above are still relevant, formed by the imbalance. Perhaps before the New York open, we will cover the imbalance, and during the New York session, we may experience a full-fledged long movement. The invalidation point for longs is the fractal marked by the red line.
GBP/USD Long, GBP/CHF Long, EUR/CAD Short and EUR/NZD LongGBP/USD Long
• If price corrects and a tight flag forms, then I'll be looking to get long with a risk entry within it.
• 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.
GBP/CHF Long
• If price corrects and a tight flag forms, then I'll be looking to get long with a risk entry within it.
• 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.
EUR/CAD Short
• If price corrects and a tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• 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.
EUR/NZD Long
• If price corrects and a tight flag forms, then I'll be looking to get long with a risk entry within it.
• 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.
BITCOIN - Very likely to go down from hereBitcoin is making its final move to the upside, possibly reaching 48k, but it's a gamble. The altcoin market is experiencing its last pump, aiming to drive the Fear and Greed Index into the 80s.
BTC has been on the rise for 90 days now, typically signaling that the top is approaching. Bitcoin tends to follow a 60-90 day pattern; it doesn't have to be precisely 60 days to indicate a bottom or top, but it's generally within this range.
Anticipate Bitcoin reaching a bottom between 60-90 days after the top of this rally.
A correction of 20-30% is likely, potentially bringing Bitcoin's price to around 35-32k.
While nothing is 100% certain, calculating time frames like this is crucial and often proves effective.
Visit TradingView and see for yourself. Previous cycles also tested the 50% zone, rejecting it 1-2 weeks later; this may recur. The current 50% level is around 42k.
A close below this would be negative for BTC.
EURUSD Market OutlookHello! After yesterday's break of the fractal maximum on the daily timeframe, the price confirmed a short context. Subsequently, on the hourly timeframe, a short ORDER-Flow emerged. It's essential to always understand that each order flow has a target as well as invalidation points. Summing up everything said, I'm ready to work on the continuation with the first target at 1.077.
EUR/NZD ShortEUR/NZD 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 convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• 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.
EUR/GBP Short, AUD/CAD Long, EUR/NZD Short and USD/CAD ShortEUR/GBP 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 convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• 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.
AUD/CAD Long
• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up above our most recent low followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• 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.
EUR/NZD 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 convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• 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/CAD 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 convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• 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.
Short Scralp Trade for EURUSD Success rate 85%Opportunity for Short scalp trade with a success rate of over 85%
The price is likely to hit TP with a 85% chance, You can manage your position
Please note that all the information provided is based on personal opinion, and no responsibility is assumed for any outcomes."
EUR/GBP Short, EUR/NZD Short and USD/CAD ShortEUR/GBP 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 convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• 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.
EUR/NZD 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 convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• 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/CAD 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 convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• 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.