GOLD is in an ascending channel. The price has reached the upper boundary of the channel and the psychological resistance of $2450. We expect a pullback to retest the resistance. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello everyone, here's my take on the EURUSD this week. Last Thursday, we recovered a large pocket of liquidity at 1.08840. So I'm going long on the EURUSD this week, with a target of 1.09420. ✅ An interesting buying zone would be 1.08190. This is an H4 order block located on the 0.62 Fibonacci retracement. Feel free to subscribe and boost this post if you...
Silver has printed very clear bullish Wolfe Waves on the weekly and monthly charts and it has reached the target of this wave pattern which also coincides with a hefty supply order block / resistance. Something to take into consideration.
Rising wedge bearish pattern has formed on hourly chart, and a breakout is underway to mark a highly probable bearish trend. The trend will either stop at the base of the wedge in the zone 64665.70 ~ 65033.72 USDT or continue to the previous support zone 62590.06 ~ 63355.54 USDT. The major trend is still bullish signaled by Fib-EMA cross over between fib 55 and...
If the bull mood weakens with an incursion towards the first green rectangle as correction, and a proposed attempt of a bull wave fails to break the second blue rectangle, I am considering the bears won't be able to push this as low as the previous low around 56400. With that in my mind my favorite zone of interest for a potential reversal and the triggering of...
In the next few hours, $825.5m worth of PYTH will be unlocked, releasing tokens equivalent to 141% of the current circulating supply. Different from ChainLink which has PUSH mechanism, as a representative of PULL mechanism, PYTH has developed rapidly in the past year. Nearly 200 protocols currently use PYTH as oracle. And as the demand for high-frequency data such...
Stocks Set to Open Higher as Investors Await FOMC Minutes and Nvidia Earnings Fed Governor Michelle Bowman stated on Friday that she expects inflation to remain elevated for "some time," but she also anticipates that price pressures will eventually diminish if interest rates are maintained at their current level. Bowman also reiterated that she would not rule...
Indices are at highs. We haven’t been to the top yet, there’s no data there. If we update the historical maximum, we can find out more in the Daily Posts. During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show...
Remain vigilant for daily reversal candles occurring near the support area. In the event of a daily closing breach of the support levels (red lines), there is a possibility of further downward movement, emphasizing the importance of implementing risk management strategies.
Nvidia Reports on the Horizon, Wall Street Gains Pre-Bell; Asian and European Markets Up Wall Street futures indicated a slight rise pre-bell Monday as traders processed the final stages of the earnings season. Nvidia ( NASDAQ:NVDA ) is scheduled to announce its earnings after the market closes on Wednesday. This week will also see financial results from...
Gold surpassed and ended above its all-time high level today. The previously broken structure has now become a zone of demand, and the pair is currently testing that broken structure again. I anticipate an increase in buying volumes in that area, leading to a bullish trend continuing towards 2460.
- Previous Day candle closed bullish . If we are looking for buys we will take on until daily resistance formed on7th Oct 04 and TP 2 on 22nd June 05 - If we are looking for sells we take on until 25th may 05 and TP 2 on 30th april 2024 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade.After hitting TP, you are done for...
Silver went up rapidly on Friday, violating a massive psychological resistance cluster. With a high probability, the broken structure turned into support. The market has a nice potential to go higher after a pullback. Next resistance - 34.0 ❤️Please, support my work with like, thank you!❤️
USNAS100 New Forecast The price maintains bullish pressure due to NVIDIA's strong profits. Technically, a correction is anticipated down to 18435. Stability below this level would indicate a continuation of the bearish trend towards 18235. Conversely, stability above 18661 would support a bullish trend, with the first target being 18790. pivot line:...
Gold closed this week, testing a resistance cluster based on the all-time high. Because the trend is strongly bullish, probabilities will be high that the market will violate that. I will be waiting for a daily candle close above the underlined red area to confirm a bullish continuation. The market may go much higher then. ❤️Please, support my work with...
OANDA:XAUUSD surged, moving towards its next key resistance zone at the 2400 level, where it closed above it. This is a significant bullish sign, as it marks the first time in history that the market has closed above this level on the daily timeframe. The market has also formed an inverse head and shoulder pattern, which has played out nicely. According to...
Here I have USD/CHF on the Daily Chart!! Now given its remarkable rise to its current HIGH @ .92242, followed by the strong drop to the LOW @ .9005 .. This week we've seen Price make a Fibonacci Retracement back to the Golden Zone meaning price is CORRECTING AFTER THE IMPULSE ELLIOT WAVE!! Now with Price working past our LOW, we could see price drop as low as...
The GBPUSD ended the previous week by testing a resistance cluster formed by a horizontal structure. Due to the strong bullish trend, there is a high likelihood that the market will break through this resistance. I will be looking for a confirmation of a bullish continuation with a 4-hour candle closing above the marked blue area. If this happens, the market...