With a massive CVD divergence on the timeframes from H2 up to W1 and a massive orderblock above, this is the right time to sell EURJPY. This setup provides a fantastic RRR of 3.5:1! Happy trading!
Already yesterday we pointed out that the recent rise in the gold price was accompanied by weak volume. Today, the market has shown clear signs of weakness for the first time in a week. The CumDelta in gold futures reveals a massive hidden bearish divergence. The strength of the signal suggests that the market will not only retarget the early October 2023 lows,...
Looking on the VIX, we can see a huge bullish divergence in CumDelta. With the Volatility Index reaching an important support level, we can expect a massive rise within the next days. Be careful and happy trading!
The long target in USDJPY is clear: it is the October 2022 high at around 152.00. Nevertheless, the bulls' efforts to reach this target have not been crowned with success so far. For weeks, the USDJPY has lacked the courage to finally push through to the long-awaited target. Is it now time? From our point of view, no. The reason is that there is a lot of...
Given the overall geopolitical situation, it seems a foregone conclusion that the gold price will continue to rise. Nevertheless, the market has left a large amount of liquidity at the bottom. It stands to reason that the current rally will serve to shake the late bears out of the market, followed by the final bear run. Our entry comes from an order block in the...
The German benchmark index recently recorded an increase of several hundred points. Nevertheless, volume remains weak and volatility low. Enthusiasm looks different, one might say. This mixed situation offers us the opportunity for a lucrative short trade with an RRR of 3.2:1. There is a lot of liquidity in the target range, which the market would like to pick up...
The trend change in SPY seems to be completed, but the weak volume calls for caution. In fact, an extreme hidden bearish divergence can be seen in the VWMACD. At the same time, an open gap beckons on the upside. For this short trade, we choose our entry just below the gap close. We are targeting the early October 2023 lows, resulting in a great RRR of 2.3:1. If...
Political tensions in the Middle East are causing oil prices to rise, aren't they? Congratulations, that's what most traders think, who have opened long positions. However, the market is trying to pick up traders' SLs first. A long entry in WTI would be premature. Therefore, we wait for a liquidity grab on the downside first. Then we open the said long position...
The NASDAQ has been rising for days, but volume is weak. At the same time, new geopolitical tensions threaten the stability of the stock markets. Nevertheless, the markets are proving robust - until now. This setup represents a great short opportunity. We open a position as soon as buyside liquidity is taken. The possible exits can be seen in the chart. The...
After the recent losses in CADCHF, the currency pair has reached an important support area. The RSI also shows a clear bullish divergence. We get the opportunity to open a long position with an RRR of more than 3.2:1.
Gold has been rising for days without any significant setbacks. It is noticeable that the volume is clearly decreasing. Against the background of accelerating inflation, it can be assumed that interest rates will rise again soon. Against this background, the opportunity to open a short position with an RRR of around 1.7:1 opens up.
The GBPCAD currency pair shows clear signs of stabilization after a long downtrend. This situation gives us the opportunity to open a long position targeting the low volume area left behind. The trade presented here offers a good RRR of more around 2.2:1.
The price losses in EURUSD continue, while GBPUSD shows first attempts to stabilize. Thus, we short the currency pair EURGBP. As a price target, we set a "bald candle" from the H4. The markets tend to target these areas again to work off the zone. This trade offers a good RRR of 1.9:1.
This hidden VOLD divergence on higher timeframes on USDJPY is really a big thing. A retrospective analysis reveals that such divergences have frequently been succeeded by substantial downward movements in the market. In our strategic approach, we have prudently placed our Stop Loss slightly above the residual gap. For those inclined toward a more cautious stance,...
After a prolonged period of escalating prices, the EURJPY exchange rate is presently in a phase of consolidation. This trend has persisted since the commencement of September 2023, characterized by a relatively constrained trading range. Notably, recent developments suggest that the bullish sentiment has failed to propel the price to fresh highs, despite earnest...
After the interim recovery, it looks like the bulls are running out of steam again. This gives us a good opportunity to short the EURUSD currency pair. As a target, the "hairless" candles of 28.09.2023 offer themselves. This gives the trade a great RRR of almost 2:1.
The last week has been brutal for the bulls. Being heavily oversold now with several indicators showing strong divergences, we have a chance of a fast recovery. This long setups provides a decent RRR of 2.1:1.
After a week of heavy selling, the US100 seems to have broken to pieces. All hope is gone and the crash is inevitable. Really? That exactly the situations bulls were seeking for - buyer's capitulation. The volume profile gives us a nice trading opportunity with an RRR of more than 5:1. Happy trading!