Gold on a downtrend It's already on the overbought position, sell at the order block closest to the resistance line Use good risk management
5 good confluences met on gold Look for buys at the region on the chart Use proper Risk Management Thank you
Price has created two valid supply and demand zones, which price might tend to off from any of them... The demand order block might be the first to be tapped in or mitigated cause of the sell side liquidity before the 15min fair value gap On the RSI price is already oversold too and would want to shift position to the upside Anywhich way, I've marked out the zones...
*"In the world of trading, storms will come, but those who dance with the market's rhythm emerge stronger. Stay disciplined, learn from every wave, and let your journey be a testament to resilience. Success is not a destination but a voyage; enjoy the ride."* 🌊📈 ---
Good day traders Us30 did break out of it's weekly uptrend (channel) and approaching an important zone or poi t of interest. There is a valid order block that price created with a break of structure and a fair value gap on the 4hr time frame, I'm looking that price might bounce down from their to make a retracement to compensate the breakout from the weekly...
Good day traders A valid bearish order block has been formed, with break of structure and fair value gap I marked out the point on the charge, price might get there and reverse Look for sells Good luck
Good day pip lovers My thoughts on today's market suggests that there will be a push down in the market at around 34054.30 There is a valid order block with break of structure and fair value gap...price is already in an overbought level on RSI and CCI indicators showing that price will change it's direction soon Use proper Risk Management Thank you
Us30 moving with the weekly bias as uptrend, there's going to be a fall as to the volume on the 30m TF is already high, and price is overbought too...look for short time sells
Today's market bias The market isn't really clear since these few days but we have picked possible supply zones from which price may react, trade with caution!
Finally changed my chart to something more soothing to me😌 US30 on the weekly and daily TF is in a clear uptrend, moving along with the upward bias, it has created a valid OB(order block) which came with a break of structure and a liquidity sweep and make a market structure shift closing above the previous already made high There are two order blocks on my own...
Us30 approaching a reasonable supply poi, what I think is that price will respect that zone and push to the downside since the market is already overbought on CCi and RSI indicators, Just look to scalp, as price already created a liquidity that should be swept
In my own opinion US30 will bounce off from the demand zone below...hunt for buys🔥 and thank me later
A potential buy opportunity has come....focus on us30 now as in my own opinion is going to bounce up off from the demand zone below Check it out
Although US30 is now in an upward bias, there are few supply zones above the current price which the market would bounce off from...I marked out the strongest possible one where price would already be overbought at that level. Check it out
US30's today bias based on my analysis would be an upward movement Price would tap into the M15 order block which in in confluence with both the D1 and M30 trend line, and US30 is already in an oversold position which makes the idea stronger
So far so good, US30 has been giving us clear signals, thats the reason why I love trading it. Now my opinion for today's move is that US30 will hit on the OB close to the D1 timeframe trend line I drew and bounce up..the overall movement of US30 is an uptrend on the daily timeframe, so by new York session, I'm predicting that it will hit the OB with has a break...
So my observation or opinion on US30 is, us30 is overbought on both the m15, m30 time frame even on the h1 timeframe...I held this buy trade for 3days and it's time to leg go and look for sells, I highlighted 2 possible supply zones price might bounce off from, get ready to sell
We've hit on the lower support of us30 three times now, stating that the support is really strong, and we're seeing bullish momentum steering up from that zone which implies that there will be a chance in the direction of us30 to the upside Good luck trading guys