SND
Nikkei 225 Index Rallied Rally on JPN225 after hitting Bullish OrderBlock.
Price aims to target buyside liquidity.
US DOLLAR INDEX - DXY90% of the time, I use DXY to target my entries on EURUSD because of their correlation. I will write about this in future.
In the mean time, price has taped into the Supply Zone and currently reacting off the level. If the supply level holds, I would love to see the index push down to at least 95.50 area.
EURUSD BUY SETUPCurrently, traders are being induced to buy at the current market price - this is clearer on the 15M chart. However, I would like to see price push further down into the 4H demand zone refined on the 1H chart.
If price taps into this level, I will look for buy.
While I don't trade the news, I acquaint myself with news releases for the trading day so I have idea what the market is likely going to do at the SnD (Supply & Demand) levels.
US30 - Sell SetupWith price clearing sell-side liquidity, I would like to see price push into the supply zone in order for me to be involved in any sell.
Let's see how this plays out.
FTSE100 Sell & Buy SetupThere are two setups on this chart:
1. Buy Setup
We expect the price to pull back to the Supply Zone where we are looking to sell and take profit at the next Demand Zone.
2. Buy Setup
If setup 1 plays out as expected and the price return to the demand zone (setup 1 target), we will buy at the level and take some profit at 7481.6 area. I personally will be holding some of the position in case the price still wants to continue going up.
Feel free to ask any question and I will do my best to answer.
MATIC : Short term Bearish on QM SetupHello :D
Price have create a Higher Highs and followed by Lower Lows on H1. Currently there is two time prices rejection on SBR Zone (0.358 FIB Level). Which is right below Supply Zone around 2.6300 $.
This also show there is Liquidity Pool between that area.
The Possible Exit is at:
- Minimum Exit : 2.3000$ (1.618 Fibs)
-Target Exit Zone : 2.0830$ (2.618 Fibs)
This Bearish market is because on Daily BBMA Setup, price have touch the 5/10 Lows and don't have enough momentum to continue the BULLISH Trend. Possible price will target the 50 Daily EMA which at the same level with Target Exit Zone.
Thank you and wish you all have a nice day :D Peace.
US 100 AnalysisMy TA analysis for next week.
Daily Timeframes : BULLISH.
Current Direction of market is BEARISH. (short term)
Chart Pattern : QMP Setup (Sell) + QMP Setup (BUY)
On this BIG Ranging. At Current setup is still bearish movement because price have break 2 H1 SUPPORT.
For next week, watch what pattern form on lower timeframe (M15,M30,H1) at H1 Support. Continuation or Reversal.
If the price Succesfully Break the H1 Support it will retest and Target TP 2 Zone.
Always watch on lower timeframe when the price reach SNR / Fresh previous BASE.
Hope this would help. May this 2022 give you a lot of blessing, new adventures and good fortunes . HAPPY NEW YEAR Boisss .. :D
GOLD direction prediction and analysis.Here is my idea by using SNR and SND. (Only fresh break)
Chart Pattern : Possible Head and Shoulder (HNS)
If there is Double bottom formed on H1 for today then HNS is Possible targeting Resistance zone around 1806.00. Which also there is Supply order block.
If the Supply exceed the demand in the zone then the next target possibly back to previous BUY ZONE.
its just my analysis for direction using for scalping and intraday. Make sure to watch lower timeframe such as H1 and M30 for double confirmation on price reversal/rejection.
Hope this would help and wish you have a nice trade day. :D