By checking the gold chart in the 4-hour time frame, we see that the price does not follow a particular trend in the last 2 days, and with the shadows we see on the chart, we come to the conclusion that we are facing a lot of uncertainty and the chart is not as clean as always! I think gold will experience an upward movement, but it will fall again! The scenario I...
The EUR/USD is holding around 1.0850 during the Friday American session, with the US dollar struggling to find demand. Critical support is located at the 50% Fibonacci retracement level of the October to December uptrend. If the cross falls below this level and uses it as resistance, it could find support at 1.0740 before reaching 1.0700. On the upside, immediate...
By checking the gold chart in the daily time frame, we can see that the price is moving according to the second scenario and we have to see which trend the price will take when the New York market opens! If the price stabilizes above $2032, we will probably see the growth of gold up to $2045 as the first target and $2049 and $2053 as the next targets! Watch the...
Pound / Dollar Closes of previous yearly data proving weak for bulls, therefore I’m shorting into new lows, or I’m getting stop nuked :)
As you can see, after yesterday's analysis of gold, as we expected, the price started to fall from the range of $2030 and was able to correct until $2017, and after that it faced buying pressure again and today it was able to grow up to $2038! With the growth of gold up to $2038 and its entry into the Rejection Block area, we saw that the price was strongly...
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too. ❤️ Please, support our work with like & comment! ❤️
My short-term analysis of GBP/USD. Enjoy ;) I believe we have broken from a rising wedge, and currently experiencing a brief pullback to the upside before a continued downtrend. ;)
Winning Signal Results of Trade Idea Long Signal Trade Jan 17th 2024 Results A.1 Set-up On the 4h chart Entry Price: 1.26350 Stop Loss: 1.25850 Take Profit: 1.27200 General Take Profit Trade Management Called 1:2 Risk to Reward on Jan 17th Hit Take Profit: Jan 23rd 2024
By examining gold in the 4-hour time frame, we see that after being supported in the range of $2023, the price was able to grow again up to $2030 and finally close at $2029.620! I think that with the opening of the market, we will see another upward movement of gold, the possible targets of which will be $2032, $2035, and $2039! To determine the next trend, we...
The GBP/USD currency pair is currently situated within an order block, signaling a potential inclination towards a downward trend. The pair has exhibited weakening tendencies, particularly with the market adopting a cautious "wait and see" approach ahead of monetary decisions expected in late January and early February 2024. This apprehensive sentiment has...
By examining gold in the 4-hour time frame, we see that the price continued to grow based on our expectations and moved up to the specified supply range! The price is currently in one of the most important ranges of its supply zones ($2030 to $2032) and I expect the price to be rejected from this range. Watch its movements! This analysis will be updated! Please...
By checking the AUDUSD chart, we can see that the price started to fall from the specified range as expected and was able to enter the demand range of 0.6260 to 0.65 with a total of more than 200 pips of correction! Currently, considering that the price has stabilized above this level, we may see more growth than AUDUSD and its possible targets will be 0.66099,...
By re-examining the gold chart in the 4-hour time frame, we can see that the price started to fall from the 2017.5$ range after the analysis I presented and corrected up to 2007$! After that, the price faced buying pressure again and is currently trading in the range of $2020, and the closest supply range to gold is $2023 to $2026! Other assumptions of the...
By examining the gold chart in the daily time frame, we can see that the price was able to fill about 70% of this liquidity void with the fall that was marked into the FVG, and considering that gold had reached a psychological support ($2001), It is possible that the price will stay in this range here for a while and have a neutral trend and then start its next...
By re-examining the gold chart in the 4-hour time frame, we see that the price entered the demand range of $2029 to $2035 based on the initial expectation, and after reaching this zone, it was able to grow to about $2042, and after this initial positive reaction, it continued As we expected, gold fell more and managed to correct up to $2018! The range of $2016 to...
Karina hello everyone, what do you think about GBPUSD? Today GBPUSD faces some downside in its recovery. Accordingly, GBP/USD fell to nearly 1.2680 during the Asian session early in the day. The British Pound lost ground against the US Dollar due to risk aversion, which could be due to concerns about geopolitical risks, which dominate the psychology of market...
By checking the gold chart in the daily time frame, we can see that after the price started to fall from $2063, it finally entered the desired FVG and corrected until $2013! After this incident, the price was accompanied by the demand and the geopolitical currents in the region came to the aid of the bulls and they were able to raise the price again to $2062!...
Here I have GBPUSD on the 4Hr Chart! Price had been ultimately traveling sideways but after the Lower High created on Jan. 5th, price has been unable to break it and is in a steep decline after the positive news for USD! Giving us what looks to be a potential Head and Shoulders pattern!! With the very wide "Right Shoulder" theoretically being created, we are...