After a very strong rally to 158.18, GJ got rejected by the OB around 158 area. We are now seeing break of market structure on H4 timeframe. Therefore we can take small sells as we wait to see clear BMS on the Daily timeframe.
New CFD Alert. Nas100: monthly we're on on a buy range. Weekly we have broken structure to the downside, but we haven't had RTO or retest of the BMS. For that to happen we need to see BMS on the daily( which has happened btw) where we can take short term buys to RTO of the weekly. We can therefore buy at 14797.8, 2nd buy at 14617 and first target 15106.4
Monthly we broke market structure to the downside. We would want to see price RTO so we can take more shorts. For price to RTO we need to see BMS on daily, so we can take some short term buys to our level of interest Looking at it on the daily though, we can see that price just closed an imbalance and is currently reacting to an OB where we might see some drop If...
Monthly price has gone above the lowest price. So we'd have to look for BMS on weekly if we're indeed going to long. On weekly, price closed slightly below the LH that we're expecting to be broken to take longs. Otherwise on the daily we have BMS but we're currently reacting to an OB. Therefore we can sell short term and buy long term.
We've been waiting for this pair to RTO on the daily. That has not happened yet, although it's about to. However, you'll see that on H4 we have started BMS to the upside. Therefore, I'll take a small buy on RTO on the H4 as I watch to see whether it will return the main OB around 0.7155
Gold respected the weekly orderblock and started to rally. It's almost touching an interesting area around 1765. I'm expecting it to start selling as Price RTO that led to BMS on the 1D last Friday. I'll take a short sell, then rally all the way up
GJ has been our perfect pair for some months now. Our predictions have been playing out perfectly. Last week price returned to the 1D OB, which we refined to H4 and took a buy on 149.35. This week I'll be wait for BMS on H4 at 150.74, then look for retest on RTO to take more buys. Alternatively, I'll wait for price to retest the daily OB at 150.00 to take longs
We had predicted that GJ will return to the major OB around 149.50 area, and it did exactly that. We managed to catch the rally last week, and I still expect it to go higher. We have Broken structure on the daily since Friday's candle closed slightly above previously LH. I'll look for a retest of the break on H4 and add more buys.
After BMS to the upside, we expected price to return to the main Daily OB. That's where it's approaching and we'll take some buys. Watch the price at the OB
GU looks tricky a bit. As previously predicted, price returned to the major Daily OB after BMS, and we rallied on Friday. But someting to note is that price is currently below weekly and monthly LH. As we're coming to the end of the month, we might see orders being delivered below before we rally. For safer buys, I'll wait for price above the horizontal line. I'll...
Price returned to OB that led to BMS on the daily to the upside. Therefore you can open low risk buys at the CMP and SL below the OB. Targets indicated on the chart
GJ returned back to a major Daily OB and started to rally. We've taken a buy at the CMP after BMS on H1. Interesting price levels to watch are indicated on the chart
GU returned to a major 1D OB, where we took a sniper buy position. We have also added more positions around 1,3670. You can also wait for price to react to the 1D OB to take buys. Interesting levels to watch indicated on the chart
Gold is in a bullish trend after breaking market structure on the daily timeframe . Price just needs to retrace back to 1800 zone/ orderblock that formed after BMS, and then we'll load buys to 1850/1869 to fill up the imbalance. Another interesting area to look for a buy is around 1814 area which has just activated with stops at 1804
If you missed first entry at 0.7165, you can take a sell at cmp. I think it is on a retracement for us to add more buys as per the previous analysis.
Gold is in a bullish trend after breaking market structure on the daily timeframe . Price just needs to retrace back to 1800 zone/ orderblock that formed after BMS, and then we'll load buys to 1850/1869 to fill up the imbalance. Another interesting area to look for a buy is around 1814 area with stops at 1809