Gold took out equal highs around 2720 on higher timeframes. This could act as a possible liquidity grab to go short and take out buyers. BUT... we can only watch the behavior at current high against the previous high as fundamentals are king. Technically, 2720 is a strong support and price can bounce to continue with up trend.
Bought xrp at .40 cents with this analysis. Trend break with a strong sense of support at .60 level…. 2nd level of support holds at $2.00-$2.20 , Fibonacci extension 161.8 to $5
This looks like such a clean technical setup for moving higher.
The current price action suggests a potential buying opportunity in the short term, contingent upon the pair retracing to the identified demand zone before initiating a rally toward the supply zone. However, if the price reaches the supply zone first, I will wait for confirmation of a reversal before considering sell entries, with the target set at the current demand zone. Let’s monitor how this scenario unfolds.
an short term long for trapping buyers to create uptrend vision and then a profitable short especially after there is a liquidity hunt around the top.
GBP has a long correct in daily new lower, it waits to boost up. Now it looks like revise pattern is ready to start, more buy and hold opporitunities from next week, but always set up your SL. Hello mates, 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 always setting a Stop Loss when opening a trading position, which ensures every trading is risk managed. Our 1 to 1 trading training is available, please message. Trade well and good luck!
Hello traders GBPUSD broke the daily trendline that was holding it in a downtrend. After this break, GU is looking bullish. But please note that this could be a fakeout. After this break, price left an fvg on the daily timeframe and a demand zone on the 4H. This is the daily chart with the breakout https://www.tradingview.com/x/I7wxz0Qv/. I am looking to take a trade on the demand zone expecting price to go up.
XAUUSD continues to hold the same bias as the past two weeks. As always, trade from the lows and aim for the highs. Orion provides us with a clear rule set to follow, allowing us to sit back and wait for our alerts to trigger. This week, the main plan is to build more upside momentum while waiting for price to return to the lows. This would align with our long entry criteria. If the current target highs are reached, we’ll look for new lows to form and trade from. Our approach remains simple: trade long to the highs, then wait for the next setup to appear. With Orion guiding the way, we simply follow the rules. Trade within your risk limits and trust Orion.
Look at that candle...look at those wicks...look at the cliff-face that's hanging off of…Draw a horizontal line to the left of the current closing price, it's everything you always find… See you up there!
Hello mates, 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 always setting a Stop Loss when opening a trading position, which ensures every trading is risk managed. Our 1 to 1 trading training is available, please message. Trade well and good luck!