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1 239
Market Analysis PT2/2 (27th May 2024)
XAUUSD Analysis
On the 1 hour Timeframe, price has rejected off a 1 hour Bearish OB and created a bearish CHOCH on the 15 minute timeframe.
After created a CHOCH on the 15 minute timeframe, price proceeded to create another BOS at the 2335.57 level with a body candle close.
Currently there is a 15 minute Bearish OB formed at the 2337.89 - 2340.29 because of the formation of a BOS.
There are 2 scenarios i am looking at.
1) Price comes up to retest and reject the Bearish OB on the 15 minute TF, creating a 5 minute CHOCH to the down side. IF this happens Shorts will most likely happen, inline with the higher timeframe direction
2) Price breaks through the 15 minute bearish OB with a body candle close past the 2340.29 level. If this happens This would mean the OB fails, and price would turn bullish on the 15 minute timeframe, and we could look for Buys on the retest of the failed Bearish OB.
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Our Favourite Pair... XAUUSD. Looking juicy for some A+ Scalp Analysis for london. Should i drop it here? Lets see some "🐳"
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Market Analysis PT1/2 (27th May 2024)
GBPJPY Analysis
On the 4 hour Timeframe, i have created a bullish BOS with a wick past the 199.892. Because of that i am expecting a deeper retracement.
There are 2 scenarios i am expecting for price to do.
1) on the 15 minute timeframe, price retest the Bullish OB or the 4 hour FVG that sits above it. If this happens, I am expecting price to continue to the upside, after creating a bullish CHOCH.
2) Price breaks below the 199.459 level with a body candle close, if this happens i am expecting price to continue to target lower, retesting the failed OB, before looking for potential sells.
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New WEEK, New OPPORTUNITIES :) Prepped Some Analysis im looking at for the London Scalping Session!! Who's Ready? "🔥"
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+1
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1 239
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1 239
Crypto Analysis (18th May 2024)
ETHUSD Analysis
On the 1 hour Timeframe, price has been very bullish, and created BOS at the 3120.84.
Currently Price is ranging between the swing low at 3070 to 3184 level.
There is a 1 hour Bullish OB at the range of 3070.19-3092.10.
There are 2 scenarios i am looking at.
1) Price retraces into the 1 hour OB and creates a 5/15 minute timeframe Bullish CHOCH. If we do see that, Buys will be possible.
2) If price breaks past the 1 hour OB with a body candle close below the structural low at 3070.19. IF this happens, i will be looking for sell scalps after a break and retest of the failed bearish OB.
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GOOD MORNING TRADERS ! 😎
Hello, fellow traders! Start the day with determination and let your trades pave the way for a profitable morning. All the best ! 🔥🛍
Unmute & Pin This Channel‼️
#TradeSmartWithGold
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2 May Summary so far :
XAUUSD buy - 20pips✔️
XAUUSD buy - 30pips✔️
XAUUSD sell - 190pips✔️
XAUUSD sell - 150pips✔️
XAUUSD sell - 150pips✔️ (VVIP)
XAUUSD sell - 150pips✔️ (VVIP)
Total profits : 690PIPS🟢
Total loss : Zero Loss🔴
Well done! Today's 690 pips trade is a testament to our success. Onward and upward!🛍
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INCOMING USD NEWS !🆘
Unemployment claims, often reported weekly, reflect the number of people filing for unemployment benefits for the first time. A higher number indicates increased job losses, suggesting economic challenges, which can impact currency values as they reflect overall economic health.⚠️
📊 FOREX FACTORY
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+1
all the way down! our sell trade done hit our 1st tp & running 55pips+😝🎉
close half profit & set breakeven now.
#TradeSmartWithGold
1 239
+1
all the way down! our sell trade running profit again 20pips+😝🎉
close half profit & set breakeven now.
#TradeSmartWithGold
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gold sell now @ 2300.5-2303.5
sl:2306
tp1:2298.5
tp2:2296.5
entry slowly & use proper mm !
