As you can see, we are in the final hours of the market, and according to our analysis, gold could not penetrate below $2031, and this caused it to start growing from the range of $2034 and now finally hit the target of $2066!If the upward trend continues, the next targets will be $2070, $2075 and $2088 respectively! I hope you enjoyed this week's analysis and...
Here I have GBP/USD on the 30 Min Chart! We currently have price outlining 3 different Highs outlining what looks to be a Head and Shoulders Pattern on top of the Support or "Neckline"! I believe we could be seeing a possible Reversal coming! **Chart Patterns are known to fail 1/3 of the time so BEWARE OF FALSE BREAKS! -Pattern Prediction- If Price Breaks and...
#CADCHF UPDATE Hey traders,Welcome to Anna trade charts. Hope you are enjoying your trading journey and our trading analysis too. Today Anna is monitoring the pair CADCHF. CADCHF will go upside according to the LTF. The reason behind this is, It formed a new high after a long range, and it also retest the HL, so here are more chances that we will see a new HH...
#CHFJPY UPDATE Hey traders,Welcome to Anna trade charts. Hope you are enjoying your trading journey and our trading analysis too. Today Anna is monitoring the pair CHFJPY. CHFJPY will go high according to the 1 Hr time frame. Reason behind this is that it has done the CHOCH pattern and now it will go for the retest the major level of structure to gain the...
Using SMC method we can see on the 4hr chart, break of structure to the upside. There is a nice order block which has been modified on the 1hr and 15 min chart. Price has left sell side liquidity hoping trade triggers before buy side liquidity is filled. Before entry will be looking closely at 15 min chart. Once it hits OB we want to see break of structure on...
Hope you see all the levels, everything is on 4HR levels, manage your risk and entry on basis of HTF bias. NOTE : NOT A FINANCE ADVICE
Preferred direction: SELL Comment: The fall in metals is in full swing. We are actively working on our silver and gold trading ideas. As for silver, we continue to sell, so far the buyer can’t do anything, limit sales are putting pressure on the price. Most likely, take profit can be expected in the very near future. Thank you for like and share your views!
💬Description: According to the previous scenario, in a certain future (1-2 weeks) , we expected a temporary strengthening of the Euro , which is currently happening. In the near future, most likely, buyers will approach the level of 1.06745 , from where the “insidious” plan of buyers to “throw out” sellers from the market will begin. To do this, it is necessary...
Hello dear friends! Today is the last trading day of this week, so let's explore together what's new with GBP/USD! GBP/USD closed around 1.2200 on Thursday, the highest level in a week, after the Bank of England kept interest rates unchanged and supported by a weaker US dollar. The DXY lost points amid risk appetite. The US employment report will be released on...
Preferred direction: SELL Comment: Everything remains the same for gold, we expect a further fall in accordance with previous trading ideas for this instrument. Before the Fed meeting, the metal will most likely reach the goal we set earlier. Thank you for like and share your views!
Preferred direction: SELL Comment: During trading on Tuesday, the euro dipped significantly against the backdrop of American labor market statistics. At the moment, it is most likely that the currency pair will move into the flat. The expected movement ahead of the Fed meeting is downward. Thank you for like and share your views!
Hello dear friends, the new week has begun, let's explore the market with Karina! At the start of the trading session, GBPUSD is showing a slight downward trend, with a target of 1.205. The next predicted trend is to find support at this level and then retest the area of operation for the ema 34 and 89. The price will quickly be pushed back when it encounters...
Hello dear friends! After completing wave D from the ABCD pattern, GBPUSD has started a downward trend. Currently, this currency pair is trading at 1.2117 and showing a SIDEWAY movement while receiving support from the 1.205 level. In the short term, we can see an upward price movement for this pair. However, the prolonged downward trend over the past few months...
GBP/USD has been falling since July 14th and now is looking like its trapped within what looks to be a Descending Triangle or Pennant considering the current Low is higher in the Support zone then the Previous. The Descending Triangle made of Lower Highs into the Support Zone should typically give us a Bearish Break where price continues LOWER! -What makes this a...
Hello dear friends! It seems that GBPUSD has turned around and started to decline again. As Karina mentioned in the previous article, GBPUSD had been increasing after receiving support at the 1.206 level. However, it is expected to be pushed back when it encounters resistance at 1.232. This can be considered a price correction as there is no evidence yet of a...