Buy GBPCAD Triangle PatternFactors Strengthening GBP:
Hawkish BoE: Recent hawkish comments from Bank of England (BoE) officials regarding potential interest rate hikes to combat inflation have bolstered the Pound. This has increased its attractiveness compared to the Canadian Dollar.
Optimism on UK economy: Despite ongoing Brexit negotiations, positive economic data releases like higher-than-expected GDP growth and retail sales figures paint a picture of a resilient UK economy. This fuels investor confidence in the Pound.
Price breaks the Pattern now, its good chance to buy now.
Thank you.
Supply_and_demand
DXY ( USD Index ) Weekly Outlook.... BEARISHMay profits be upon you.
DXY is now consolidating in between a bullish FVG and an bearish FVG.
But it has been bearish, with downward momentum.
I suspect it will continue this way, as price has found INTERNAL LQ in the bearish FVG, and is now seeking the EXTERNAL LQ at the lows.
I believe the low at 100.320 is the DOL (Draw On Liquidity).
Leave a comment, as I like to receive feedback from viewers!
Thank you.
May profits be upon you.
GOLD|Important supply and demand areasHello friends, I hope you are doing well.
We have the gold chart in 1 hour.Currently, gold is fluctuating in a trending range area and we have the top and bottom of the trending range to enter trading positions.
CPI data will be released today, if we have data that is in favor of gold, that is, the US inflation has decreased, this means that it will harm the dollar index and gold can move upwards.
We should know that apart from the top of the trending range, which is a resistance, we have the next resistance in the area of (2046-2044) and after the resistance that is the base of the falling movement, it is around (2066-2064).
On the other hand, if inflation is published more than expected, it will benefit the dollar index and can create selling pressure on gold.
The area that currently maintains the price is the area (2016-2019). If this area is broken, the next support is the price range (2004-2008) and then the price range (1990-1995).
If the price reaches these areas, we can enter trading positions with confirmation
Sell EURJPY Channel Breakout1. European underperformance relative to the US should weigh on the shared currency.
2. The Japanese currency was a significant underperformer during the global tightening phase, and so we believe the currency can become a significant outperformer during the global easing phase.
3. A likely hawkish monetary policy shift from the Bank of Japan later this year, combined with a weak US economy and lower US interest rates next year, should see the Yen strengthen
Thank you
XAUUSD|Examining possible scenarios for this week's transactionsHello friends, let's go to the first weekly outlook of 2024 for gold.
In the last week, gold moved according to our view and managed to get the prices we wanted.
My weekly view on gold is that due to the breaking of bullish structures, gold can continue its downward trend.
In a more general view, you can see that the price behavior in the form of an ascending channel has now failed to record a new high, we are seeing bearish structures, downward trends have been broken, bearish candles are more powerful and the possibility of reacting to The range of support ahead is also very small.
With the failure of this support area, which is the closest drawn area to the current price, we are sure that gold can have a price decrease and experience the prices of (1980) and (1970).
Thank you for following and supporting me, I hope it was useful for you.
I wish you a profitable week.
Buy USDCAD Triangle Breakout1. US Treasury yields climb, boost dollar: Rising US Treasury yields are providing some support for the dollar, putting mild upward pressure on the USD/CAD pair.
2. US employment data beats expectations: Positive US employment data released yesterday initially strengthened the US dollar, putting upward pressure on USD/CAD. However, concerns about rising US Treasury yields are now weighing on the dollar.
3. US/Canada employment data eyed: Both US and Canadian employment reports are due later today. Strong data from either side could significantly impact the pair's direction.
Its good time to buy now,
thank you
GOLD|SHORT positions for goldThe current point for gold is the support zone of 2030 to 2035, which is very important in the daily time, so if it reaches and we see confirmations for buying transactions, we can enter.
This point is very important that if this area is broken, it can cause more selling pressure and a fall to the price of 2012.
If this happens, we can have positions to enter sell trades in the upward pullback.
Currently, if it can rise above this high limit of the trending range, around the price of 2055 is our failure area, and the base candles that are the source of movement are good areas to enter sales transactions.
US100 16396.9 +0.18 % MULTI TIME-FRAMES 🐮🐻Good Day Traders
Here's a bit of a dive into the NASDAQ Multi time-frames out look.
WEEKLY
* Saw a sweep of some external range liquidity.
* Strong Momentum Shift & a CHANGE IN STATE OF DELIVERY
DAILY
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* The overall still bullish NASDAQ MIGHT just see some retracement into discount areas before continuation.
* NASDAQ has a shift in the momentum towards bearish side in the form of Market structure shift on the daily time-frame.
* looking for a possible bullish Day into Internal range Liquidity before continuation with the bears.
* Retracement into internal liquidity would be great for possible shorts in coming weeks
4H
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* A bullish day highly favored today
* looking for mitigations of bearish PD ARRAYS / INTERNAL LQ ABOVE BEFORE continuation.
* Momentum post-ASIAN SESSION indicative as well
1H
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* Ext liquidity was taken WED NY-SESSION
* just respected bullish FVG ON the hr.
* A shift above the fractal High will indicate that we might close the week bullish
lets see how it goes.
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9 AM ZAR TIME
ICT SILVER BULLET EXECUTION
Here is today's SILVER BULLET set-up which presented multiple entries.
1. Swept Asian highs and internal range liquidity
2. Aggressive momentum into the range.
3. 1st entry was an inversion FVG + BALANCE PRICE RANGE
4. 2ND entry classic ICT 2022 ENTRY MODEL
5. 3RD ENTRY REJECTION AT THE FVG
Target > 1hr +FVG
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
AUD USD - Fresh supply in play, awaiting the PCPG'day,
Master Key for zones
Red = Three Month
Blue = Monthly
Purple = weekly
Pink = Consolidative box example (Daily)
Orange = Daily
Risk Warning
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Below are some of the take aways from the video - please listen again incase any detail is missed
Monthly
Weekly
Daily
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Professional analyst with 7+ years experience in the capital markets
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