As it can be inferred from the chart analysis, the price is slowly approaching the zone of previous support now turned resistance. The same zone also lines up with the upper boundary of the formed downtrending parallel channel. We are gonna closely monitor the price action around this area before opening short positions and aiming for the zone of support...
Gold has been moving in an uptrend for several days, for the entire month of Feb 2022 to be exact. Current price movement suggests that Gold might be over extended. We have started seeing signs of potential price exhaustion by the formation of a key level. We have also spotted other two signs that Gold might be preparing for a short term correction which include...
Looking for both buys and sells today. Buys above 2010,53 with clean traffic to the left to continue the bullish momentum makes the most sense here today. Sells below 2002,84 means gold made a fake out on the higher timeframes and therefore expecting it to continue further down.
Preferably suitable for scalping and accurate as long as you enter carefully the price behavior with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. red lines are most...
First this idea is attached to another idea I've posted last year, you can find it attached to this one and it explain all the pattern we are working here: the Wyckoff Reaccumulation on Copper (HG1!). So you will find here, my entry, my plan for this trade and the update about the related idea. I will also do an update about the materials market, expectations and...
Gold has been on a bullish movement throughout the past two weeks, after breaking the 1900.00 zone extending to reach 2050.00 mark. There is a high weekly resistance at the 2050.00 mark, am expecting price to hit the resistance and likely go back to 1900.00 or possibly 1800.00 to retest to the weekly trend line amd take out the liquidity at the weekly FVG at that...
BTC still respecting the nr. 1 Major trend line with a fake out on the 4h timeframe. Still waiting for BTC to close above resistance for an extra bullish confirmation.
Hi friends. As shown in the chart, bitcoin seems to have an upward correction and then will continue to decline. There is a price target in the chart.
Hello to everybody, let's check Matic. Currently below bearish trendline and still going down. If you check RSI you will find bullish divergence on RSI. How to trade? You can accumulate now or wait for the break of the trendline. Targets - 1,6 - 2 - 2,5 USD
Watch out for false breakouts and execute the trade with a trend confirmation The "Diamond" pattern is very reliable and consists of four-sided price action. It is also similar to adding two "triangle" patterns, Inverted and Symmetrical, together. "Diamond" patterns are both continuation and reversal patterns. If the pattern occurs in the midst of a trend, it...
This is a trade idea on XAUUSD. Trade at your own risk
EURUSD 22 YEARS TRENDLINE SUPPORT HITTED. After this continuation of the war between Russia and Ukraine then the market price going in the triangle height because already dropped trendline in the Weekly candlestick.
Price broke important level 153.00. Any pullback to this area could be considered as selling opportunity. Target 149.00 support level.
BTC /USDT is Going to get a good setup for LONG POSITION you can get this position with LEV7 Good Luck & dont forget to set SL & TP
Price is moving within descending parallel channel. Any pullback to 1.3300 or 1.3500 (round levels) could be interesting opportunity for selling
Clear downtrend on the pair. However price reached some support level. It is 88.6 retracement of the whole move up. Possible corrective move towards 1.1150.
Preferably suitable for scalping and accurate as long as you enter carefully the price behavior with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. red lines are most...
BTC /USDT is Going to get a good setup for SHORT POSITION you can get this position with LEV7 Good Luck & dont forget to set SL & TP