ELCapitalFX

ELCapitalFX

What Im currently seeing from the dow jones is a reaction for the flipzone/breaker block/choch whatever you see it as, I think this area is pulling in a lot of sellers even though our overall bias is bullish

ELCapitalFX Updated 

Last week I correctly predicted gold movement before the sell... we are still only looking for sell opportunities, if you were never able to enter sells last week, this week will provide another opportunity... What do you think about GOLD this week?

ELCapitalFX

Looking at the bigger picture - the current market structure on the 4hour, we can see that price has been bearish for a while now. What I have marked out is the internal structure and what we want is to follow the main down trend, so Im expecting price to come around the marked supply area and fall, we will use our entry model to enter

ELCapitalFX

Looking at the DXY we can see that USD is bullish, so we are looking for USDXXX buys. We have a nice buy swing opportunity forming, we are pro trend so we are not looking to sell from here but we will wait under the correction is done and look for buy entries at smaller time frames.

ELCapitalFX Updated 

Gold is currently at a supply zone, but I strongly believe that this zone is very weak and that it is going to break to the upside, I would appreciate it if price comes to the demand zone in the lower time frame before it goes up.

ELCapitalFX Updated 

Gold has broken through the previous supply zone, so we now have a supply to demand situation, and we can see that price is bouncing off the 1 hour OB, so for now we will target the next 4hour supply zone

ELCapitalFX Updated 

Trading is based on probability and prediction, we can never always be right, however, we bet on being more right than wrong. On this analysis I have marked out the chart as I see and I feel as if we are getting bearish momentum coming in.

ELCapitalFX Updated 

price has reached the 1 hour order block and is nicely rejecting from it, as we go down on the 15min OB we can also see that we are also bearish. we will target the demand the created the imbalance

ELCapitalFX Updated 

Here we can see that price has broken out of a down trendline, so for SMC traders we look for a CHOCH on lower time frames to enter so that we have a tight stop loss, but anyway the direction for now is up

ELCapitalFX Updated 

Nasdaq has shifted bearish on the 4-hour chart, our expectation can be to target the lows and the unmitigated bullish order block. To enter we can use the smaller time frames such 15min and lower.

ELCapitalFX Updated 

Even though Im and half with this trade and see a strong buying opportunity, I feel like we will have extremely long wicks today (on CPI news) with price reacting at the demand zone having the demand zone fail, and then continuing bearish... what are your thoughts on the technical analysis today for CPI today

ELCapitalFX Updated 

Here is a continuation from the previous analysis that went our way check it out

ELCapitalFX Updated 

NZDCAD has shifted bullish, it was on my shortlist but I missed posting it, and the limit had no drawdown

ELCapitalFX Updated 

If we follow market structure we will see that price has been falling and now we have noticed something that is an opportunity for us... these long bullish candles have changed the structure This for us means now we are looking only for buying opportunity and I have highlighted simply for you how this is likely to happen. Join us as we trade with the correct...

ELCapitalFX Updated 

Even though we havent seen a change of character yet on nasdaq, we can see alot of money coming in the bullish market, also, price is currently sitting on a 4 hour order block, what we want to see is some rejection on the 15 min time or a change of character and seeing price move up with strong momentum

ELCapitalFX Updated 

GBPAUD has shifted bullish on the 1 hour time frame we can see this with the bullish candle that closed above the last high, so we can expect the price to mitigate the demand zone left with the imbalance

ELCapitalFX

USDCAD remains bearish, and with news in about a few min, we can probably see a big bearish candle coming in, heading for the liquidity that is laying above an imbalanced area, this RR for this based on 4hour is 1:6 but you can enter conservatively for more pips

ELCapitalFX

Hello trader, here is a setup, I think can be worth of trading, we saw price strongly change character and leaving some unmitigated imbalance, and leaving an order block, before that on the left we saw a liquidity sweep and below we can see that there is also unmitigated imbalance.