Sell on the theory markets ranges 70% of the time. Sell on the theory markets retraces HALF of the previous move 90% of the time. Wait for 30m LTF breakdown for confirmation.
GBPJPY - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell GBPJPY Entry - 198.70 Stop - 200.46 Take - 195.79 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
We are with the rise of gold because the trend of gold is upward. We expect another rise
Here is our detailed technical review for SILVER. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 31.547. Taking into consideration the structure & trend analysis, I believe that the market will reach 28.697 level soon. P.S Overbought describes a period of...
Price is falling towards a support level which is an overlap support that aligns with the 50% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 1.90167 Why we like it: There is an overlap support which lines up with the 50% Fibonacci retracement. Stop loss: 1.89433 Why we like it: There is a pullback support...
AUD/USD is falling towards a support level which is a pullback support that lines up with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.6638 Why we like it: There is a pullback support level which aligns with the 50% Fibonacci retracement. Stop loss: 0.6593 Why we like it: There is a pullback support level. Take...
XAU decreased slightly compared to yesterday morning. Despite being under pressure to take profits after hitting an all-time high earlier in the week The US Federal Reserve (FED) has continuously expressed its view that it will not rush to start a cycle of loosening monetary policy. However, gold did not react much to this view that is considered less...
By examining the #Ethereum chart in the weekly timeframe (logarithmic), we observe that due to the likelihood of an upcoming Ethereum ETF approval, this cryptocurrency has experienced an attractive growth. From the previous analysis until now, it has achieved over a 30% increase, reaching $3,800! The next targets for Ethereum are, in order: $4,100, $4,800, $5,000,...
GBP/USD has just broken out of a resistance level which is a pullback resistance and could rise from this level to our take profit. Entry: 1.2698 Why we like it: There is a pullback resistance level. Stop loss: 1.2635 Why we like it: There is a pullback support level which lines up with the 38.2% Fibonacci retracement. Take profit: 1.2797 Why we like it: There...
gold reduced barely as compared to the previous day morning. Despite being beneathneath strain to take income after hitting an all-time excessive in advance withinside the week The US Federal Reserve (FED) has constantly expressed its view that it's going to now no longer rush to begin a cycle of loosening economic policy. However, gold did now no longer react...
The USDJPY pair has been trading within a Channel Up since the December 28 2023 market bottom and has started the new Bullish Leg on the May 03 2023 bounce (Higher Low) on the 1D MA50 (blue trend-line). The previous two Bullish Legs rose on average by +8.00%, so we expect a similar development. As a result we are bullish, targeting...
🏃♂️ USDJPY is moving in an Ascending Channel (in the Daily time frame ). 📈Regarding Classical Technical Analysis , USDJPY has succeeded in breaking the upper line of the Symmetrical Triangle Pattern . 🔔I expect USDJPY to continue its uptrend due to the breakout of the Symmetrical Triangle Pattern . 👑 Position : USDJPY Position: Long Entry...
Trading Setup: There is a Trading Signal to Sell in Gold XAUUSD Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 2404.7 ⭕️SL@ 2420.3 🔵TP1@ 2361.0 🔵TP2@ 2344.5 🔵TP3@ 2315.0 previous signal What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk...
My dear friends, USDJPY looks like it will make a good move, and here are the details: The market is trading on 156.41 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 155.17 Recommended Stop Loss - 157.21 About Used...
EURGBP initially began the year in a fairly well-defined trading range but showed bullish impetus after breaking out of the consolidation pattern. However, bullish momentum appeared lacking, as the pair struggled to maintain a steady directional move and has since shown a penchant towards mean reversion. 0.8635 proved too high to handle for the pair previously...
Hello,Traders! AUD-USD broke the key Horizontal level around 0.6645 Which is now a resistance And the breakout is confirmed So we will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About GALA (Update) 1D Timeframe The Descending Triangle Breakout Has Confirmed☑️ Expecting Massive Bullish In Coming Days⚡️
Dear Colleagues, I believe that the upward movement is not over yet. If we look at the wave pattern, we can see that the price has gone through 5 waves in the impulse “3”. This means that there should be an upward wave “5”. Therefore, I expect a correction to the area of 2402.732, after which I expect the price in the resistance area of 2455.145. Thus the...