XAUUSD CHART UPDATE (GOLD): I expected gold to form an "M" PATTERN which it has continue to form. i currently expect price to drop to the completion of the leg or the final leg of the "M" pattern, after which i will also be expecting price to move up to the neckline @ 2,288 before the bullish continuation to 2,443.97 which is our all time high.🔥
After a good trade during this month, the chart has played a bullish movement reaching towards its resistance and closing the candle with long doji !!!!! that mean the market is undefined now....however the market movement is bullish, the main target is the voting of India....If BJP wins then dont rush to buy wait for the given level.....
#PEOPLEUSDT (UPDATE) Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about PEOPLE PEOPLE is breaking the bullish pennant with good volume. We can see gain here upto 50%+ soon.
JASMY consolidating above the current range. If this level holds, JASMY will have a small rally to reach $0.38. This price is also the target of the proposed set-up. Invalidation is when price falls back in the range (below $0.244) Disclaimer: This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
Hey everyone, Posting an idea. I will be away next week, God willing, on a ship 🚢, in the Bahamas 🌴, so figured I would post now, because I will pretty radio silence for next week and haven't decided whether I will make an effort to track the market while on the sea or not. Probably not from the looks of the probs, so let's get into expectations next week. Daily...
OANDA:GBPCHF GBP has been bullish since last few months especially from the beginning of the year 2024, it is also notable to see how bearish is chf. Going forward, we expect price to continue bullish and it hitting our target is almost certain. Please wait for price to come to our area once it does, please take the trade with accurate risk management. **If...
USDCAD. I marked the previous year high/low, price will always retrace above or below the open/close that created that high previous open/close. If price does that and respect it, I do the same thing on current year low and same thing on current month low. I will upload a video to explain better.
Could very well be done here already with the orange count or could provide at least another low with the yellow count.
UPDATE: Price still stalls around the 0.236 fib level/support, rejecting and failing to break below it. But for how long can it hold? Market structure looks much clearer now with somewhat a Double Top pattern (completion of wave B and wave C in progress). I still have a bearish Bias on this pair. So will be on the lookout for SHORT (scalps) setups on the breakout...
USDCAD. I marked the previous year and high, Price will always retrace back to the open/close. If you mark the previous high and go to the weekly time frame, marking that open and close that formed the previous weekly high, you can see that price retrace above open/close and drops from there. Thats a bearish scenario. Same thing happened this year, price created...
The "parabolic" Trend was broken yesterday. The longer term trend could coincide with 50% Fib retracement from the latest up move.
The Bank of England (BoE) has been maintaining a restrictive monetary policy stance with the Bank Rate currently at 5.25%. This policy aims to bring inflation down to the target of 2% sustainably over the medium term. Despite a significant decrease in inflation from its peak, the BoE remains cautious and indicates that monetary policy needs to remain restrictive...
TVC:SILVER Expecting small correction to our identified area, and a strong bounce from our region is expected. The trend is still extremely bullish however, as we said price is making a correction once it completed and at the rejection we can enter. **If you like the idea then please like,comment and follow us** Team Setupsfx_
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#PEPE Next Support Zone.. It might bounce again from Support zone.
on this trade am looking to go long. why because the market structure is bullish on the 4h timeframe. Will wait for extra confirmations on the ltf once market tap into my demand zone
Bitcoin will cross 134,000 in next few MONTHS , I dont think its good idea to Exit from the Market now , instead wait .
BEL USDT has been in an accumulation zone for 46 days now on this shorter time frame, we just got a breakout followed by high volume i see us slowly getting ready for a move to the upside