Best time to enter this commodity. Supertrader entry time while getting good momentum
Entry - EURUSD 1, M3 bullish engulfing on FVG 2, ict said if news 11am NY open or 10.15am was the entry 3, Bos top retest on FVG reversal 4, Market structure shift 5, H4 fib above 61.8 fig and m5 61.8 fib - DXY bearish EUR/USD surrenders intraday gains as ECB officials support further interest rate cuts. The ECB is expected to cut interest rates further by 100 bps next year. Investors will keenly focus on the Fed’s dot plot for fresh interest rate projections in the US.
Market Context: NEAR continues to demonstrate strength, presenting a solid opportunity for a long spot trade. The structure shows clear upward momentum, offering a favorable risk-to-reward ratio for entries within the identified range. Trade Details: Entry Zone: $5.85 – $6.50 Take Profit Targets: First zone: $8.25 – $9.00 Second zone: $10.75 – $12.00 Stop Loss: Just below $5.50 This setup is well-defined, combining strong entry levels with clear profit targets while maintaining disciplined risk management. ?
Potential for a reverse head and shoulders? Left shoulder and head are very clearly formed. Looking for a right shoulder and break above the neckline to validate bullish reversal pattern.
Gold trade setup ready tp go position to buy at the right apportunity..
I trade Nasdaq exclusively Trading in GMT time zone Sharing my post day review and analysis in case it can help you! Did my analysis at +- 5:30 am GMT (00:30 am EST) Economic news - None, FOMC this Wednesday News - None Directional bias - BUY, Nasdaq is bullish overall so want to trade with the trend - "The trend is your friend". Morning analysis: M TF - Very Bullish, large green candle in formation W TF - Very Bullish, large green candle in formation D TF - Friday's candle closed in a rough doji candle formation which could signal that bulls are running out of steam to push price higher. But the candle did close green higher than the previous D highest candle close. So bulls did manage to break the resistance of the previous Day's highest close. I took this to be a bullish signal. 4H TF - Price gapped up as extended hours started trading today. Bulls pushed upwards and when I opened my charts there were a few red candles on the 1H TF. 1H TF - Noted a temporary downtrend line formed (marked in turquoise). Noted 2 x interest areas / areas of confluence (marked in green highlight): 1. Top green area = 1H + D + 4H fib levels + Day pivot point. This represents time frame confluence and a great area of reversal. 2. Bottom green area = 4h EMA (at some point this morning, it has now moved due to passage of time) + 4H + D 0.618 fib level. 4H fib drawn from swing low at A. to swing high at B. 1H fib drawn from swing low at C to swing high at D. As the day progressed: Price started reacting to the top highlighted green area, until a DB formed on the 15min TF, signalling that price was ready to move up. Entered in the green candle close at the hand icon, which represents a nice momentum candle + breaking the temporary downtrend line. Confirmations: 1. Market pattern - DB on the 15min TF = reversal pattern in the direction I want 2. S&R - DB formed above the pivot point + 1H EMA providing dynamic support 3. Trend - Temporary downtrend line broken and trade is in the overall direction of the market 4. Fib - Price reacting to 1H + 4H + D fib levels representing strong TF confluence 5. Candlesticks - DB neckline broken with a strong momentum candle on the 15min TF Mental SL placed at half the height of the 15min DB (marked with the think pink line). Price moved up nicely and I took partial profits at the top hand icon at 1'725 pips, which represented the TP1 of the 4H / D fib extension (as shown). Holding the rest until candles give the indication to close eg. DT forming on the 15min TF, with neckline broken down. Easy peasy day at my trading desk - wish every day was this easy! :) Hope you had a good day! Abbreviations: TF = timeframe TP = take profit 1H = 1 hour 4H = 4 hour D = day W = week M = month S&R = support & resistance H&S = head & shoulders EMA = exponential moving average SL = stop loss
From the higher time we can spot strong bearish inside pin bar on #EURUSD Pair giving a bearish signal on the lower time frame we can see the price dive down to 1.03385 from the current price of 1.05027 having a stop at 1.05974. For #GBPJPY Pair we can see a strong Bullish momentum as the price hit a major support at 192.87 that pull the price above 194.76 with the target of 199.65 on higher time frame of daily. on lower time frame with this inside pin bar candlestick pattern I see more Entries for bullish continuation.
I have decided to start providing my signals in the futures market, so this will be the last trading box model I draw. Starting tomorrow, I’ll share futures signals that I believe can yield good profits with reasonable leverage on gold and crypto markets. If you need, let me know the name of the cryptocurrency so we can focus on it for a week. From tomorrow, we’ll begin trading on gold.
Bears game over today.. Daily TF up move incoming.. Good luck and safe trade
???? **Patience: The Most Difficult Skill to Master in Trading** ? **Want to succeed? Then, learn to wait.** ⏳ Patience is not just a virtue in trading; it’s a powerful weapon. But let’s be honest: it’s also one of the hardest skills to develop. ? Yet, once you master it, you’ll already be halfway to success. ? ? Trading rewards those who know how to wait for the right moment. ❌ Not those who rush. ✔️ But those who remain calm and methodical. So, make patience your ally and see the difference. ?