Atan_235

Atan_235

Using Volume as my foundation for my trading strategy, I am looking for a retracement to the Fair Value of Yerterday's Price Action. In order to confirm retracement, I would like to see an Absorption / Divergence between the Price and CVD , Rejection on the VWAP bands, and a High Volume Candle.

Atan_235 Updated 

Here is a possible trade entry criteria using volume profiles. It is a strategy that I recently learned. It is a possible addition and upgrade to my original strategy. Trading with Volume Profiles requires patience, since you need to wait for the market to retrace on the high volume price level which some takes days or weeks to play out. On this set up we can...

Atan_235 Updated 

Following Friday's CPI revisions, GBPUSD showcases a clearly defined channel, accentuated by a false breakout on the upper channel during Monday's early session. Anticipating a short trade post-breakout of the lower channel, I'll be vigilant for entry signals on lower timeframes, seeking confirmation through the following confluences: Bearish Price Action ...

Atan_235

Our trade setup revolves around volume profiles derived from the previous week's price action. Notably, a substantial distribution occurred around the 148.750 level, which was ultimately breached on Thursday. Our strategy entails entering the market upon a price retest of the 148.750 level. Let's stay alert for this potential long trade opportunity. 📈💰

Atan_235 Updated 

EURUSD presents a clearly defined range, offering opportunities for strategic analysis of price action and volume. Moving forward, we'll closely monitor market dynamics to react effectively to emerging trends and fluctuations. Let's stay vigilant and capitalize on the clarity of this channel.

Atan_235 Updated 

1.34800 is a must hold level for the bulls , breaking below it on Wednesday, and trying to get back above it on Thursday. and now testing the upper channel of a descending Channel Formation. its a opportunity to witness this price action and use out entry criteria to enter the trade.

Atan_235

The GBPUSD pair signals a strong short trade opportunity, highlighted by a bearish pinbar candle with moderate volume, indicating a sharp price rejection at a critical bearish order block. This setup not only reflects a shift from bullish to bearish sentiment but also showcases high market participation, crucial for the sustainability of the downward trend. Given...

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Atan_235

Planning on taking a LONG Trade on the retracement. OFCOURSE, ENTRY SIGNALS must confirm the trade entry

Atan_235

In the wake of last Friday's NFP News, AUDUSD, like many USD pairs, took a significant hit. Yet, the early Monday session reveals a turning point at the 0.65000 level, presenting a compelling case for a long trade. Here's a detailed look at the conditions shaping this outlook: Significant Rejection at 0.65000: Early Monday's market session showcased a...

Atan_235 Updated 

USDJPY's steadfast hold above the 146.500 mark as the first month closes sets a bullish tone, marking this level as a critical support zone. This resilience underscores the pair's potential for upward movement, with 146.500 emerging as a key pivot for future market direction. Traders should closely monitor this level for signs of continued strength or for any...

Atan_235 Updated 

As we observe the current dynamics in the Forex market, a particularly interesting development catches our attention - the OANDA:GBPUSD pair exhibiting a bearish trend. This sentiment aligns with the recent bullish momentum of the DXY (US Dollar Index), which typically inversely affects the GBPUSD pair. 📉 Key Observations: Bullish DXY: The strength in the DXY...

Atan_235 Updated 

In the fascinating world of forex trading, sometimes we stumble upon setups that almost seem too compelling to pass up. Today, on the 15-minute chart of EURUSD, I encountered just such a scenario: Rejection of Order Block: The pair showed a clear rejection of a key order block, a classic sign of potential reversal. Bullish Pinbar Candle: A bullish pinbar...

Atan_235 Updated 

In the ever-evolving landscape of forex trading, GBPCHF has recently caught our attention with a significant daily breakout below the 1.09500 level. This development opens up a dual trading scenario to consider: 🔹 Short-Term Bullish Retracement Possibility: There's a potential for a retracement up to the 1.09800 level. Traders eyeing short-term gains might look...

Atan_235

Observation of Volume Decline: There's a noticeable decrease in trading volume as Bitcoin approaches the 42K zone. This trend warrants attention for its potential impact on price movements. Critical Support at 41K: The 41K level remains the focal point. Its role as a critical support level is under scrutiny - can it sustain BTC's weight or will it give...

Atan_235 Updated 

As we observe Bitcoin's (BTC) current market behavior, the 41K level emerges as a pivotal point. If BTC fails to regain and hold this level, we might witness a descent towards the 38K mark. This is in line with the prevalent bearish sentiment within the BTC community, urging traders to approach with caution. Given the inherent high-risk nature of cryptocurrency...

Atan_235

After the mixed News Release for USD today, it seems that the TVC:DXY shows bullish traits. rejecting upper band of the bullish flag pattern at 4H timeframe

Atan_235 Updated 

This week, we're observing the market as it meticulously follows a well-defined Trend Line within the daily timeframe. Our strategy hinges on keenly responding to the market's next move. Here are the scenarios we're preparing for: Scenario 1: Should the price convincingly break and close above the Trend Line, we're looking at a potential yet prudent opportunity...

Atan_235

Analyzing the market reveals a robust support at 1.08800, complemented by a well-defined trendline and a promising bullish chart pattern when observing higher timeframes. To execute our strategy, confirmation is key. Look for these signals before entering: Signals to Buy: Retest of OrderBlock: Ensure a solid retest for confirmation. Rejection of Trendline:...