Daily #EURUSD analysis, 24 April.Daily time frame:
1. Swing is bearish, INT is bearish.
2. After iBOS we can expect INT pullback.
3. The pullback phase is ongoing, Now we can play longs to target
at least the EQ of the range.
4H time frame:
1. 4H swing is bearish, INT is bearish.
2. After swing BOS we can expect swing pullback.
3. Bullish CHoCH is a sign that the INT pullback has started.
Now we can play longs targeting at least the EQ of the range.
4. The price hit a supply area, but it is not that strong to motivate the price to shift bearish again.
we could just see a reaction from it.
Follow LTF.
15M time frame:
1. The 15M swing is bullish now.
After swing BOS we expect a swing pullback phase.
2. INT structure is bullish, but it could shift bearish at any moment to facilitate a 15M swing pullback.
3. We can play longs following the INT structure.
Or we could wait for a clear shift to play shorts (Swing pullback phase).
Smctrading
What is FLAT in the markets, practical tips☝️Do not act based on my analysis, do your own research!!
The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
Daily #EURUSD analysis. 23 April.4H time frame:
1. 4H swing is bearish, INT is bearish.
2. After swing BOS we can expect swing pullback.
3. Bullish CHoCH is a sign that the INT pullback has started.
Now we can play longs targeting at least the EQ of the range.
Follow LTF.
15M time frame:
1. The 15M swing is bullish now.
After swing BOS we expect a swing pullback phase.
2. Price pulled back to the extreme mitigated the last POI and shifted bullish with a CHoCH.
3. INT structure aligned with swing (bullish).
Now we can look for longs targeting weak swing 15M high.
AUDUSD Long (24/04)Price for AUDUSD may be looking to turn after a week of selling. It has left a wick below, signalling rejection.
An order block was drawn, in hope to ride out the sell - however it was broken through, leading to the confirmation of the above. Using the breaker block I’m using the highest recent point for my first take profit and the swing highs as my future take profit points.
N.B.: Do your own research do not take my analysis as financial advice. Thank you
[TRADING SHOW]24.04.20 BTCUSDT HOW TO BUY
First of all,lets have a look at high time frame chart.
The daily chart level has obtained the liquidity Lid in the high consolidation range, and the position is Fib0.382 in the rising band.
On the daily chart, the pinbar broke up through after yesterday’s insidebar closing line.
At the 15M level, use the rising band FIB 0.618 to go long in the OB area
A better location below is the FVG area near Fib 0.786
As shown in the figure, TP1 at 2.5RR halved the position and tracked the long area to hold it steadily.
If you have time, it is safer to do market tracking to confirm your entry. Do not settup a
buylimit order.
GOLD: Not Sure What Next? Gold has been in range, price have been trading at 2360 and 2396, however, we are still unsure of what next with Gold. Though fundamental and technical both sites showing that Gold may rebound to 2440 area however, recent volume and price behaviour says otherwise. Let's wait and see how price behave.
XAUUSD: $2400 Done Now, Next $2500?Last three ideas helped us gathered around 2800+ pips in total. Now we are expecting another big move and this can be the last bull run before it drop for major correction. We are expecting price to drop around $2365-70 region where we can see strong rebound. Our first take profit will be at $2420 and then $2496.
Let's get this done probably by end next week. We can have a clear view on Gold. Good Luck and Trade Safe.
EURUSD Analysis of PreferforexEURUSD is currently moving towards an Extreme Point of Interest (POI) Zone. This is the final POI in the recent trading range, and below this POI, there is no unmitigated area. Despite the market being heavily bearish, we can expect a bullish reaction when the price touches this zone.
LUNC spot buy/sell zonesLast LUNC from november 2023 left much liquidity to grab.
Most possible, but least trustable zoone is first at the chart marked with green demand box or red supply zones.
Gold boxes are high quality zoones, for short or long either.
BUY
My favourite scenario is the one with hitting new low but as the realist i would buy in green and first gold box
SELL
One place that i can see to stop the price can be red box but it isnt too dangerous place. I will hold my bought LUNC untill i will see readable distribution scheme.
#XAUUSD: 04/04/2024PYTH:XAUUSD The price of XAUUSD has reached a record high, and both fundamental and technical analysis indicate a strong bullish trend going forward. Since there has not been a significant correction, we can consider going long based on the price momentum. It is important to note that tomorrow's NFP news may have a significant impact on the future price of gold, so please monitor the news and adjust your risk accordingly. Good luck and trade safely.