After the Trump tariffs gap last week, the EUR/USD and GBP/USD experienced a significant gap down but recovered nicely. GBP/USD positions were closed at a small profit to protect overall risk but still holding long positions on the EUR/USD and continue to look for 1.0600 as long as price does not exceed 1.0200. Expecting some volatility this upcoming week especially with Fed chairman Powell testifying on both Tuesday and Wednesday. Will keep an eye on price action and it's development. Aside from FX, still holding SOXL and looking for the gap to be filled but keeping a close eye on the breakdown below $24. Good Luck & Trade Safe.
NASQ100 - it looks sell revise pattern formed, let's be patient and short Hello traders, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trading on the price movement. A key part of my discipline is Stop Loss set when opening a trading position, which ensures every trading is risk managed. My 1 to 1 trading training is available, please message. Trade well and good luck!
SOL/USDT 1H: Analysis Current Market Structure: Price: $200.30, currently in the equilibrium zone. RSI: 50.70 (neutral), but note the hidden bullish divergence when compared to price action. Structure: Bullish bias with higher lows forming, supporting an upward trajectory. Trade Setup: Position: Long Entry Zone: $198 - $200 (after a retest of the current equilibrium zone with a bullish order block formation). Targets: T1: $207.50 T2: $215 Stop Loss: $195 (placed below the recent swing low). Risk Score: 7/10 Rationale: Favorable risk-to-reward ratio, but precision on the retest is key. Smart Money Analysis: Accumulation: Visible in the $190 - 195 zone. Premium Zone: Established at $220, suggesting a target for market makers. Market Maker Behavior: Likely to trigger stops below $195 before propelling the price upward. Volume Profile: Supports the continuation of bullish momentum. Key Recommendation: Action: Wait for a retest of the $198 - $200 zone accompanied by a bullish order block formation before entering a long position. Caution: Avoid shorts given the overall bullish market structure.
Key Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Rio Tinto (RIO) / Australian Dollar - Double Formation * ABC Flat | Entry & Sideways Correction * 012345 | Wave Feature & Short Set up | Subdivision 1 - Triple Formation * 1st Trendline | Triangle Configuration | Subdivision 2 * 2nd Trendline | Support & Ranging Structure | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Neutral
GBPUSD 1hr chart Hello... A new week is coming up, We getting set to make some money... here is one of my game plan for GBPUSD for the week... I will keep updating u guys as i have other biases regarding this and other pair. If we do get a strong bearish break of the region marked, we will be looking to short
Market Next Move | Xau/usd 2900 or 2813 ? Recently Market touched the All Time high levels and we are explanning the market in a deep ways all you need to make things simple and trade with proper setups
Markets are already showing signs of recovery after the sharp risk-off gap lower. The market selloff around tariffs appears overstated, likely exacerbated by thin trading conditions. Recent U.S. tariff actions could be scaled back as negotiations progress, and markets tend to fill open gaps. The Canadian dollar saw significant weakness, hitting its lowest level against the U.S. dollar since 2003, prompting countermeasures from Canada. The euro faced additional downside pressure following weaker-than-expected German industrial production data, while the Canadian dollar held up well, supported by a stronger-than-expected Canadian jobs report. Key events to watch on Monday include an ECB speech by Christine Lagarde, the Bank of Canada’s Market Participant Survey, and US consumer inflation expectations. Exclusive FX research from LMAX Group Market Strategist, Joel Kruger
Gold will have potential sell and buy opportunities between daily support and resistant. Now let's wait until the revise pattern is formed at resistant level then start short. Turnaround, buy pattern will start at daily support. Hello traders, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trading on the price movement. A key part of my discipline is Stop Loss set when opening a trading position, which ensures every trading is risk managed. My 1 to 1 trading training is available, please message. Trade well and good luck!
"All Insights are given on Chart" (Follow for more Valuable Updates) Note: Do your own Research and Trade Wisely Never rely on my opinions. Good Luck folks
Hello, This is 4 week period plan that I personally will follow, based on my strategy and trading style. P.S i never follow a single bias (bullish or bearish), my trading style is flexible and adaptable to momentum changes. Chart Feedback (Daily Time Frame) https://www.tradingview.com/x/PtG4C1Aj/ There are a few key takeaways from the daily chart. - Price action in a box since August '24 with no clear trend direction. - Head and Shoulder fully formed, as mentioned on my previous EJ report at the begging of January. - The price has reached a strong support first tested in December 2023 and then re-tested and always rejected in August '24, September '24, December '24 and now, making it very hot spot for the pair. - Main trend line(Up-slopping) was crossed - Internal turmoil in the Euro Zone could indicate weaker EURO for some more time. Key Levels (4 Hour Time Frame) https://www.tradingview.com/x/tJkcphfO/ LWL(last week low) and Bottom of Support - 155.000/155.850 First support - Which acts as last LH, Current Trend line cross and Main Trend line re-test 158.150/158.650 LWH(last week high) - 160.722 Sub Trend line - 161.419 Trend Scenarios (4h and Daily) https://www.tradingview.com/x/EuCmVham/ Long Scenarios: For long scenarios confirmations I will be looking for a rejection from the current level, followed by re-entry in the main trend channel, cross of the sub-trend line and re-test of that area or similar movements. For any long entry I would like to see bullish price action and chart patterns being formed. With targets in rallies up to the head of the head and shoulder pattern. Short Scenarios: For short scenarios instead, the confirmation I need is a CTR(Cross,Test,Reject) performed at the current support level, then turning into resistance level. There are two targets I'm aiming at 151.500 and 148.650. Trade Ideas (1 hour time frame) For any kind of entry long and short I always use the 1 hour time frame. For confirmations I use EMA100 cross or reject, Swing/Turning points cross/reject + chart and candle patterns usually u-turns, stars, engulfing and pin bars are my favourite signs. I will try to update my trades as soon as they happen. Thank you for reading, Have a profitable week, Any feedback is welcome!