Anticipating a Price Drop in GBPAUD I expect the price to decline from this level as part of a retracement into the discount zone, potentially setting up for a bullish continuation on the higher time frame, which remains bullish. Analyzing the chart using a market structure approach, I anticipate a downward move from this level, and my stop-loss is clearly...
Let's analyze the provided price action chart for the USD/NGN (U.S. Dollar / Nigerian Naira) using the ICT (Inner Circle Trader) concepts and general technical analysis: Key Points of Analysis 1. Overall Trend and Market Structure - The chart shows a strong upward trend until early February 2024, followed by a period of consolidation and then a...
Current Market Overview Price Action: Currently, XAU/USD is exhibiting signs of a temporary bullish sentiment while approaching key support levels. Primary Trend: The overarching trend appears bearish, but a short-term bullish correction may occur before resuming the downtrend. Key Support Zone Level: Highlighted by a blue line. Observation: Price is...
Overview This chart illustrates the price action of GBP/CAD on a 2-hour timeframe with several key technical levels and concepts identified. Key Concepts 1. Optimal Trade Entry (OTE) - Bearish OTE Previously, price retraced into a bearish OTE level and reacted as anticipated, leading to a decline. - Bullish OTE Currently, there is an anticipation...
Disclaimer: The trade idea presented herein is solely for journaling purposes and does not constitute investment advice or a recommendation to buy, sell, or hold any securities or financial instruments. The information provided is based on hypothetical scenarios and past performance, which may not be indicative of future results. Investors should conduct their...
Disclaimer: The trade idea presented herein is solely for journaling purposes and does not constitute investment advice or a recommendation to buy, sell, or hold any securities or financial instruments. The information provided is based on hypothetical scenarios and past performance, which may not be indicative of future results. Investors should conduct their own...
Disclaimer: The trade idea presented herein is solely for journaling purposes and does not constitute investment advice or a recommendation to buy, sell, or hold any securities or financial instruments. The information provided is based on hypothetical scenarios and past performance, which may not be indicative of future results. Investors should conduct their...
Disclaimer: The trade idea presented herein is solely for journaling purposes and does not constitute investment advice or a recommendation to buy, sell, or hold any securities or financial instruments. The information provided is based on hypothetical scenarios and past performance, which may not be indicative of future results. Investors should conduct their own...
Disclaimer: The trade idea presented herein is solely for journaling purposes and does not constitute investment advice or a recommendation to buy, sell, or hold any securities or financial instruments. The information provided is based on hypothetical scenarios and past performance, which may not be indicative of future results. Investors should conduct their own...
Disclaimer: The trade idea presented herein is solely for journaling purposes and does not constitute investment advice or a recommendation to buy, sell, or hold any securities or financial instruments. The information provided is based on hypothetical scenarios and past performance, which may not be indicative of future results. Investors should conduct their own...
Disclaimer: The trade idea presented herein is solely for journaling purposes and does not constitute investment advice or a recommendation to buy, sell, or hold any securities or financial instruments. The information provided is based on hypothetical scenarios and past performance, which may not be indicative of future results. Investors should conduct their...
BEARISH BIAS ON NZDUSD DEC(2023) WEEK 2 Anticipating a form of Price retracement into this Price level above 0.61580. For my Short Confirmation and BIAS.
Short Term Bullish Analysis on EURAUD Overall trend is Bearish
Price Outlook for the Week. Price is currently at the Equilibrium of the Month Range( Monthly Open Price as well) Anticipating a Bullish Trend for the week, based on structural Analysis. Willing to ride Price up to 1.06870
Short Bias. Entering for a little Short 1:2 There's nothing much to say. For Journal Purposes only. My idea. not Responsible for anyone else.
The Overall Trend is Bullish. My Analysis Shows a Good Price Entry to Join the Uptrend Move in the Discounted region for a Fair Price. Entry Confluence: Price Level is Below the Equilibrium of the recent Price Range ( Discount) Price fall into the Order Block Range There's an Imbalance in Price (BISI) Those are my Reasons for Entry at this...
Overall TREND IS BULLISH Short IDEA FOR THE WEEK Price Range is currently in the Premium Level, Projecting Price to Sell into the Discount for an opportunity to Join the UPTREND Movement. Financial Losses: Trading in the Forex market carries the risk of financial loss. It's important to carefully assess your financial situation and only invest funds that you...
Price is at Premium My Analysis on Good Entry Point for Investors, who's willing to Enter at Good Price. Price is at ATH for the Year 2023. I am Anticipating a form of rejection/Retracement into Price Level 31K. Financial Losses: Trading in the Market carries the risk of financial loss. It's important to carefully assess your financial situation and...