ProjectSyndicate

ProjectSyndicate Updated 

🔸Hello traders, let's review the 4hour chart for GBPAUD today. Strong V-shape recovery in progress, however also expecting a decent/normal pullback once we hit the strong overhead resistances. 🔸Heavy overhead resistances will trigger a pullback. Resistances set at 9490 and 9550, risk/reward will be in bears favor. Mirror s/r level below at 9265 will be likely...

ProjectSyndicate Updated 

🔸Hello traders, let's review the 8hour chart for GBPUSD today. Recently price was locked in distribution range since December 2023. Breakdown in progress, however don't get trapped short selling at market price since the pattern will complete after the throwback back into trading range. 🔸Trading range is defined by range highs at 2750 and range lows at 2660,...

ProjectSyndicate

🔸Let's review 8 hours chart for GBPUSD today. speculative buy/hold setup for GU bulls, H*S setup in progress. Currently we triggered neckline of the pattern structure, therefore expecting more upside/gains until we complete the sequence and print RS at/near 2780/90. 🔸H&S structure is defined by LS/resistance at 2790, neckline at 2540/60, head of the structure at...

ProjectSyndicate

🔸Hello traders, let's review 2days/candle gold price chart today. Strong gains recently after breakout of the ATH, currently trading near ATH at 2337 usd. Having said that, based on the price action structure, I expect an interim market-top at neat 2370/2390 usd and a subsequent correction/pullback. 🔸Price structure contained within bullish channel since 2020,...

ProjectSyndicate

🔸Hello traders, today let's review weekly price chart for BTCUSD . going into BTC halving event later in April bulls still maintain control, having said that, we are closing on on the danger zone, which is defined by 75 000 - 100 000 usd, so let's review the primary scenarios for bitcoin prices going forward. No nonsense overview, no dinosaurs, NFTs, super mario...

ProjectSyndicate

🔸Hello traders, let's review the daily price chart for UKOIL. Speculative XABCD in progress, with 20% upside potential based on the current price action / fundamentals. 🔸XABCD structure is defined by point X at 95.60, point A at 73.20, point B at 92.50, point C at 77.00, point D/PRZ at 105.00, currently most points validated, point D/PRZ pending in May/June 2024...

ProjectSyndicate Updated 

🔸Let's review 4 hours chart for GBPUSD today. previously heavy rejection from 2850 and currently dump in progress, heavy resistances at 2750/2760 caps any upside mid-term outlook remains bearish, however also expecting a decent bounce play once we hit fresh demand zones below the market price. 🔸Fresh demand zones at 2550/2500, however also short-term bounce...

ProjectSyndicate Updated 

🔸Let's review 8 hours chart for GBPNZD today. speculative buy/hold setup for GBPNZD bulls, accumulation in range. short-term expecting pullback from overhead resistance, shorting from resistance is a higher risk setup (bears), however focus on buy/hold for excellent risk/reward. 🔸GBPNZD 8 hours is a confirmed bullish IHS setup, with LS/RS/HEAD of the...

ProjectSyndicate

🔸Hello traders, today let's review day/candle price chart for spot silver. strong recovery in progress currently, limited downside and bulls maintain strategic advantage. 🔸V-shape recovery in progress, also potential bullish IHS setup (required confirmation). right now we triggered mild overhead resistance near 25 usd and therefore expecting short-term pullback...

ProjectSyndicate

🔸Hello traders, let's review the 12hour chart for USDCAD today. We are locked inside trading range recently, currently this swing is getting overextended on all timeframes, therefore expecting limited upside going forward. 🔸Trading range is defined by range highs at 3740 and range lows at 3320, premium prices overhead at 3800 and 3880 and below at 3240 and 3180....

ProjectSyndicate Updated 

🔸Hey guys, today let's review the 8 hour chart for UK oil . Any upside is limited by strong overhead resistances, currently weak bounce in progress, however most likely bears will take over from overhead. 🔸Strong resistances will cap upside at 84.00 usd / 86.00 usd. right now locked in tight trading range, however expecting final pump to trigger overhead stop...

ProjectSyndicate Updated 

🔸Hello traders, let's review the 4hour chart for GBPUSD today. Nice pump off the lows recently, however upside capped/limited by heavy overhead resistance near 2700/2720. 🔸Downtrend defined by a sequence of lower highs, 2760, 2740, 2720 in progress, right now I recommend to focus on shorting any rips/rallies towards heavy resistance. 🔸Recommended strategy for...

ProjectSyndicate Updated 

🔸Hello guys, today let's review daily price chart for eurusd. Ongoing accumulation in progress since 2023, strong chart overall. Trading in well-defined range since Jan 2023, therefore it's best to focus on trading near range highs/lows. 🔸Range lows defined at 0640 , range highs set at 0960, premium prices overhead at 1020 and 1080 and premium prices below at...

ProjectSyndicate Updated 

🔸Hello traders, today let's review 4hour price chart for gold. Extended bear impulse in progress, fractal will target re-tests of 1960/1970 usd. 🔸Recent downtrend is defined by repeat sequence, currently weak bounce expecting re-tests near 2030/2035 usd max, and continuation of the correction. 🔸Recommended strategy bears: short sell from overhead resistances...

ProjectSyndicate Updated 

🔸Hello guys , today let's review daily price chart for gold. All previous setups that I've posted already hit TP, congrats if you followed. 🔸DUMP fractal in progress, it's the same distribution/dump fractal that resulted in heavy corrections in 2022/2023. On the left we got the current price fractal, on the right past dump fractals from 2022/2023. 🔸Based on...

ProjectSyndicate Updated 

🔸Today let's review the 8 hour chart for US oil . Noteworthy bounce in progress after accumulation near lows, however currently getting overbought, we are closing in on a cluster of stop losses / heavy overhead resistance. 🔸XABCD structure is defined by point X at 70 usd, point A at 78 usd, point B at 72 usd, point C at 79 usd, point D at 68 usd. speculative...

ProjectSyndicate Updated 

🔸Hello traders, this is 8hour chart of UK100. Recently trading in well-defined trading range, risk/reward flipped in bears favor after we got rejection near range highs, therefore recommend to focus on sell setups. 🔸Range highs set at 7660, range lows set at 7350, premium prices overhead at 7700 and 7750, below at 7250 and 7300. Trading now near range...

ProjectSyndicate Updated 

🔸Hello traders, today let's review 8hour price chart for gold. Downtrend in progress currently, rejected from overhead resistance at 2055 usd, weak bounce got sold. 🔸Recent swing lower started once we got rejected at 2080 usd on heavy volume, bears took over, currently I recommend to focus on short selling rips/rallies, upside is limited/capped by 2055...