CAD\JPY: in the dynamic interplay of market forces, the attempt to capitalize on a breakout at the crucial SR level was met with market resistance, leading to a downturn. Nevertheless, astute traders remained attuned to the overarching uptrend, which provided a guiding beacon amidst the fluctuations. The formation of a double bottom pattern served as a beckoning...
Certainly! The Fibonacci Value Gap (FVG) is a technical analysis tool used to identify potential price levels based on Fibonacci ratios. When discussing Bitcoin's FVG, we're essentially referring to key price levels derived from Fibonacci retracement or extension levels. When I mentioned that Bitcoin's FVG is set to be tested, it means that the current price of...
today's Gold planning. currently 2352-56 zone is supply area. wait until price reach this zone. than wait for rejection or confirmation means any M5 M15 candle close below this zone and retest we'll execute Sell trade.. price could quick sweep the LIQUIDITY to 2360-65 area. that's why we wait for confirmation if any M30 candle wick extend to 2360-65 zone and...
Gold price prolongs its strong uptrend, climbs to fresh all-time peak beyond $2,350 level Gold price attracts some buyers for the third straight day on Tuesday – also marking the tenth day of a positive move in the previous eleven – and climbs to a fresh all-time peak during the first half of the European session From a technical perspective, the Relative...
Resistance Levels: 1. Resistance at $89.01 and $91.11: These levels represent significant barriers where selling pressure may intensify. Traders should watch for price action near these levels, as a breakout above could indicate further bullish momentum. 2. Secondary Resistance at $93.73 and $95.00: These are additional resistance levels beyond the initial...
Title: "NZD/USD Analysis: Navigating Bearish Trends with Potential for Momentum Shift" In the realm of NZD/USD trading, bearish sentiments continue to hold sway, painting a dominant picture in the market. However, amidst this prevailing bearish landscape, there are glimpses of hope emerging for potential bullish prospects on the horizon. Zooming in on the...
We expect an bullish movement to the point specified in the chart as a target. We are waiting...
We expect an bullish movement to the point specified in the chart as a target. We are waiting...
Hello traders, lets talk about this idea i analysed already but some house rules i didnt follow thats why my idea was private and visible only for so i reanalysed again and post for your knowledge and information hope you understand and co-oparete, In the realm of market dynamics, $2304.87 has emerged as a formidable barrier for XAU/USD, demonstrating resilience...
# ETHUSDT Trend and Support/Resistance Analysis **Disclaimer**: This analysis is not financial advice. Always conduct your own research before making any trading decisions. We're looking at the ETHUSDT chart where trend lines have been marked, and Fibonacci Retracement has been used to identify potential support and resistance levels. As in previous Analise we...
In the early trading hours of Thursday, gold prices experienced a momentous surge, briefly peaking at $2303 before stabilizing within a steady range of $2292 to $2295. This ongoing ascent not only signifies another historical milestone for gold but also underscores its remarkable resilience amidst minor market adjustments. The persistent climb in gold prices...
After each character change, the price has reacted around the 0.618 fibo and we have witnessed numerous character changes. who made this suffering for us. For the short position, after the break of each floor, we should wait for the price to return to the 0.618 fibo, and for the long position, the opposite is true.
If the fear in these market intensify. The new top for 2024 could be behind us. I sure hope I'm wrong and it keeps going up so I make money, But, we are running out of gas, the halving could be a sell the news event. Never forget the most important rule, Always keep some change in case of emergency, to buy the dip. And never be all in forever past the past top. ...
As EUR/JPY recently breached its all-time high, there was a noticeable surge in trading volume, indicating a potential shift in market direction. Typically, after such a significant milestone, it's common to observe a corrective phase where prices adjust from the extreme levels reached. This correction could manifest as a retracement or consolidation, representing...
Overview: The GBP/USD pair is currently exhibiting a wedge pattern formation, indicating a potential reversal in market direction. The pair has recently tested a supply zone and experienced a pullback, suggesting a bullish bias in the short term. Furthermore, there's evidence of the pair testing a demand zone, providing additional support for a bullish...
US30 Analysis - April 2024 Overview: The US30 index is currently showing signs of upward momentum, poised for a potential breakout if it surpasses the resistance level at 38749.14. However, there's a notable bearish sentiment with significant downward pressure, particularly evident around the 38022.02 level. Trade Opportunities: 1. Breakout Scenario: - If...
✅ Xauusd Market Insight 📈📉 🔰OutLook 🔍 🔰RESISTANCE ◾2285 ◾2297 ◾2301 🔰SUPPORT ◾2270 ◾2260 ◾2253 Long position above 2285 with targets at 2297 & 2301 in extensions Below 2285 and 2281 look further downside with 2270 / 2260 & 2253 as Support Target 🎯🎯 ✅ BEST OF LUCK TO ME IF YOU LIKE THIS IDEA COMMENT AND FOLLOW THANKS FOR SUPPORT 🤞
Xauusd Resistance Target 2299 & 2304 Enjoy your day