The HMSTR drop will continueThe white boxes correspond to the bases of higher time frames, based on fractal movements, when a base is lost, the TP is equal to the size of the same lost box.
Now we have two nested bases that are about to be lost and the targets are given accordingly.
The best range to sell is the red range.
Closing a daily candle above the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Fractal
BTC 10/23/24💡
🔍 Daily time frame impulse: Price has made an impulse above the 10/20emas
🔍 Daily time frame correction: Price has corrected into the 10/20emas.
⌛ I will be waiting for the 4hr time frame to make a impulse and show a valid impulse above the 10/20emas as well as a correction into the 10/20emas just like the Daily has showed.
Bias: Bullish
US30 10/23/24💡
🔍 Daily time frame impulse: Price has made an impulse above the 10/20emas
🔍 Daily time frame correction: Price has corrected into the 10/20emas.
⌛ I will be waiting for the 4hr time frame to make a impulse and show a valid impulse above the 10/20emas as well as a correction into the 10/20emas just like the Daily has showed.
Bias: Bullish
NAS100 10/23/24💡
🔍 Daily time frame impulse: Price has made an impulse above the 10/20emas
🔍 Daily time frame correction: Price has corrected into the 10/20emas.
⌛ I will be waiting for the 4hr time frame to make a impulse and show a valid impulse above the 10/20emas as well as a correction into the 10/20emas just like the Daily has showed.
Bias: Bullish
USOIL: Multi-Timeframe Analysis | Strong Setup FormingI've been looking at various markets recently, and USOIL really stood out to me. I want to share how I analyze markets using a mechanical top-down approach across all timeframes to form my trading bias.
Top-Down Analysis:
This method is crucial in my trading strategy. It helps me stay objective by focusing on what the market is indicating regarding trends and key levels, rather than letting my personal opinions cloud my judgment.
By adopting a systematic approach, I've been able to reduce doubts and fears in my trading decisions.
Now, let's dive into the top-down analysis process.
12M:
2W:
6H:
Signal for CAKESignal for CAKE/USDT 🎯
Entry Point (Buy):
📉 1.912 - 1.930
This is the suggested buy range based on support and the ascending channel.
Take Profit Targets (TP):
🎯 TP-1: 1.929
🎯 TP-2: 1.952
🎯 TP-3: 1.974
🎯 TP-4: 2.000
Stop Loss (SL):
❌ 1.895
If the price breaks below this level, it's recommended to close the position.
🚀 Summary:
The price is in an uptrend inside an ascending channel, and entry at the current support levels could lead to potential profit if the targets are hit. If the support fails, the stop loss will limit the downside risk.
Why EURUSD is Plummeting and How You Can Take Advantage of ItI am adopting a bearish bias on EUR/USD and will leverage probabilities derived from statistical and historical data to position myself for short trades.
By analyzing past market trends and current economic indicators, I aim to make informed decisions that enhance my trading success.
Key Fundamentals Supporting a Bearish Outlook:
- Interest Rate Differentials: The U.S. Federal Reserve is likely to maintain higher interest rates, which strengthens the USD against the EUR, especially as the European Central Bank (ECB) may consider rate cuts in response to economic challenges.
- Economic Performance: Recent economic data indicates that the Eurozone is facing significant headwinds, with disappointing growth figures that negatively impact market sentiment.
- Market Sentiment: Current market sentiment leans bearish towards the euro, with many traders already positioned short. This collective positioning could lead to further downward pressure on the EUR/USD pair.
These elements provide a solid foundation for my bearish outlook, making it an opportune moment to enter short positions.
1W:
HOURLY ENTRY:
If you require additional clarification, or wish to share your thoughts, don’t hesitate to drop a comment below!
NAS100 10/21/24💡
🔍 5hr time frame impulse: Price has made an impulse above the 10/20emas.
🔍 5hr time frame correction: Price has corrected into the 10/20emas.
⌛ I will be waiting for the 30m time frame to make a impulse and show a valid impulse above the 10/20emas as well as a correction into the 10/20emas just like the 5hr has showed.
Bias: Bullish
GBPUSD ScenariosToday, we will analyze GBPUSD
Specific explanations are provided for each zone and movement on the chart. If you have any opinions, feel free to share them in the comments section.
Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.