TradeGeniusPro

TradeGeniusPro

In the dynamic world of trading, spotting key price levels and breakouts can lead to profitable opportunities. We've observed a notable event on the H4 (4-hour) chart of Gold: a strong resistance breakout followed by a price test at the 1938 level. Let's keep it simple and explore this setup. Chart Setup: Asset: Gold Timeframe: 4-Hour (H4) Event:...

TradeGeniusPro

A triangle pattern is a technical formation characterized by converging trendlines. It signals a period of consolidation and indecision in the market, often followed by a significant price breakout. In this case, we have a triangle pattern that's worth exploring. Triangle Formation: The price chart of Gold on the H1 timeframe shows the formation of a...

TradeGeniusPro

Welcome to another TradingView idea, where we'll be exploring a potential trading opportunity on the BTCUSD cryptocurrency pair. In this analysis, we'll take a closer look at the H4 (4-hour) chart and identify a channel-down pattern that could offer trading possibilities for those looking to profit from Bitcoin's price movements. Chart Setup: Pair: BTCUSD ...

TradeGeniusPro

Recently, I spotted a gold support break on the H4 chart , driving the price up to 1932.00 . Currently, the price has retraced to 1912 , hovering near a critical support level at 1896. This support level will be a key indicator for potential future price movements. Stay vigilant and consider various factors before making your trading decisions. Traders and...