MAAwan

MAAwan Updated 

Title: Long EURGBP Based on Bullish Divergence on Daily and 1-hour Trade Setup: - Asset: EURGBP - Timeframes: Daily and 1-hour - Entry: Buy at the close of a bullish candlestick pattern confirming divergence on the 1-hour chart - Stop-Loss: Below the recent swing low on the 1-hour chart - Take-Profit: Based on key resistance levels or a 1:2 risk-reward...

MAAwan

1. Market Analysis: Asset: BTC (Bitcoin) Timeframe: Multiple (4-hour, 1-hour, 15-minute, 30-minute) Pattern: Bearish divergence on multiple timeframes Additional Confirmation: Test of trendline resistance 2. Entry Criteria: Bearish Divergence: Identify bearish divergence on the 4-hour, 1-hour, 15-minute, and 30-minute timeframes using indicators like RSI or...

MAAwan

Market Analysis: Asset: DXY (US Dollar Index) Timeframe: Daily Pattern: Symmetrical triangle completed Additional Confirmation: Double top already playing out... Symmetrical Triangle: The symmetrical triangle pattern indicates consolidation and is completed when the price breaks out of the pattern. In this case, a bearish breakout from the triangle suggests a...

MAAwan

1. Market Analysis: Asset: USOil (WTI Crude Oil) Timeframe: 4-hour Pattern: Bearish divergence identified Additional Confirmation: Trendline resistance 2. Entry Criteria: Divergence Confirmation: Identify bearish divergence on the 4-hour timeframe using indicators like RSI or MACD. Bearish divergence occurs when the price forms higher highs, but the indicator...

MAAwan

1. Market Analysis: Asset: USDCHF Timeframe: 1-hour Pattern: Bullish divergence identified Candle Type: Heikin Ashi 2. Entry Criteria: Divergence Confirmation: Identify bullish divergence on the 1-hour timeframe using indicators like RSI or MACD. Bullish divergence occurs when the price forms lower lows, but the indicator forms higher lows. Heikin Ashi...

MAAwan

I've conducted a detailed analysis of Ethereum's historical corrections and are using that information to anticipate a potential correction in the current bull run. Given the bearish divergence on the daily timeframe and Ethereum's historical correction patterns,I anticipate a correction ranging from 50% to 80%, considering rational and worst-case...

MAAwan

Trade Idea: Short Bitcoin (BTC) Analysis: Bearish Divergence: The presence of bearish divergence on the daily timeframe suggests a potential weakening of bullish momentum, which could lead to a correction in Bitcoin's price. Historical Corrections: Based on my analysis of previous bull runs, Bitcoin has experienced corrections ranging from 55% to 83%....

MAAwan Updated 

Harmonic Pattern: The BAT pattern is a harmonic pattern that often indicates a potential reversal in the market. In this case, the formation of a BAT pattern on Gold suggests a possible reversal to the downside. Technical Indicators: Confirmation: Look for additional technical indicators or chart patterns to confirm the potential reversal signaled by the BAT...

MAAwan

Divergence: Divergence between price and indicators on the 1-hour and 4-hour charts suggests a potential reversal or continuation of the trend. In this case, the divergence indicates a bullish bias, supporting the idea of a long position on the NASDAQ 100 (NAS100). Technical Indicators: Buy Stop Order: Placing a buy stop order above the current market price...

MAAwan

Harmonic Pattern: The Crab Harmonic pattern is a reversal pattern that indicates potential trend exhaustion. In this case, the presence of a Crab Harmonic pattern suggests a possible reversal to the downside for NZDCAD. Technical Indicators: Confirmation: Look for additional technical indicators or chart patterns to confirm the potential reversal signaled by the...

MAAwan Updated 

Analysis: Divergence: Divergence between price and indicators on the 1-hour and 4-hour charts suggests a potential reversal or continuation of the trend. In this case, the divergence indicates a bullish bias, supporting the idea of a long position on the S&P 500. Technical Indicators: Buy Stop Order: Placing a buy stop order above the current market price...

MAAwan Updated 

Divergence: Divergence between price and indicators on the 1-hour and 4-hour charts suggests a potential reversal or continuation of the trend. In this case, the divergence indicates a bullish bias, supporting the idea of a long position on the NASDAQ 100 (NAS100). Technical Indicators: Buy Stop Order: Placing a buy stop order above the current market price...

MAAwan

"Considering a potential trade idea: Keep an eye on Oil's price action around $68. If reached, a bearish sentiment could prevail, possibly targeting $40. The completion of a head and shoulders pattern might occur, with the final shoulder forming at $68. Monitoring this setup for potential short positions could yield fruitful opportunities. #OilAnalysis...

MAAwan

📈 CHFJPY Long Trade - Instant Buy Opportunity 🔍 Technical Analysis: CHFJPY presents an immediate long opportunity based on current market conditions. Technical indicators suggest favorable conditions for a bullish move. 📊 Trade Plan: Entry Point: Execute a long position at market price for CHFJPY. Stop Loss: Place below recent swing low to manage risk...

MAAwan

📈 USOIL WTI Long Trade Setup - Confirmation at SMC Orderblock FVG 🔍 Technical Analysis: USOIL WTI presents a potential long opportunity with confirmation at the SMC Orderblock FVG zone. Historical analysis indicates this area has acted as strong support in the past. Confirmation involves observing clear signals on smaller timeframes (1, 3, or 5 minutes) within...

MAAwan

📈 GBPJPY Long Trade Setup - Confirmation at FVG Orderblock SMC 🔍 Technical Analysis: GBPJPY signals a potential long opportunity with confirmation at the FVG Orderblock SMC zone. Historical analysis indicates this area has acted as strong support in the past. Confirmation entails observing clear signals on smaller timeframes (1, 3, or 5 minutes) within the order...

MAAwan

📉 CADCHF Bearish Trade Setup - Notable Orderblock SMC FVG Identified 🔍 Technical Analysis: CADCHF presents a compelling bearish opportunity as it approaches the Orderblock SMC FVG zone. Historical analysis suggests this area has served as significant resistance in the past. Monitoring closely for potential bearish confirmation signals. 📊 Trade Plan: Entry...

MAAwan

EURJPY Bearish Trade Setup - Eyeing SMC FVG Orderblock 🔍 Technical Analysis: EURJPY signals potential for a bearish move as it approaches the SMC FVG Orderblock. Historical data suggests this area has acted as significant resistance. Monitoring for bearish confirmation signals. 📊 Trade Plan: Entry Point: Consider initiating a short position upon rejection or...