Hello Traders👋🏻 The EURNZD Price Reached a Supply Zone (1.80695-1.82076) ✔ The Price Failed To Create New Higher High 📈 Currently, EURNZD is in Ascending Channel ✔ The Support Line is Broken 🔥 If Price Stays Under The Key Zone EURNZD Can Continue The Bearish Move 📉 ----- TARGET: 1.77490🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
infosys had formed a wedge since august on weekly chart which was later broken down with confirmation on the first week of march and after that infy had opened gap-down heavily and reached the target
Hello Traders👋🏻 The EURGBP Price Reached a Supply Zone (0.88499-0.88656) ✔ The Price Failed To Create New Higher High 📈 Currently, EURGBP formed a Bearish Rising Wedge ✔ The Support Line is Broken 🔥 If Price Stays Under The Key Zone, EURGBP Can Continue The Bearish Move 📉 ----- TARGET: 0.87570🎯 ___________ if you agreed with this IDEA, please leave a LIKE,...
Hello Traders👋🏻 On The Weekly Time Frame, The CHFJPY Price Reached a Major Key Level (151.071-151.494) ✔ The Price Failed To Create New Higher High 📈 Currently, CHFJPY formed a Head and Shoulders Pattern ✔ The Neckline is Broken 🔥 So, I Expect a Bearish Move 📉 ----- TARGET 1: 148.686🎯 TARGET 2: 147.700🎯 ___________ if you agreed with this IDEA, please leave a...
– Previous Weekly candle closed Bullish at 166.820 creating new Weekly High for 2023, Daily closed small Bearish candle leaving a Rejection wick at the Previous Daily Support area. – Buys on close above 167.180 targeting Daily Resistance at 167.500, Leaving Runners to the 4h / 1h Resistance at 167.750 – Sells on close below 166.590 targeting 15min previous...
– Previous Daily candle closed Bearish at 166.980 forming new Daily Resistance around 167.500. – Buys on close above 167.260 targeting 4h Resistance at 167.570, Leaving Runners to the 1h Resistance at 167.870. – Sells on close below 166.840 targeting 4h Support at 166.520, Leaving Runners to the next 4h Support at 166.280. – Retail Sales m/m data for the UK...
– Previous Daily candle closed strong Bullish at 167.500 above the recent Daily Highs formed early this week and last week. – Buys on close above 167.920 targeting Daily Resistance formed on 15th December 2022 at 168.340, Leaving Runners to the next Daily Resistance formed on 13th December 2022 at 168.820. – Sells on close below 167.350 targeting 1h Support at...
– Previous Daily candle closed Bullish at 166.530 breaking above the previous Weekly High. – Buys on close above 166.900 targeting 30min Resistance formed on 16th December 2022 at 167.230, Leaving Runners to the Daily previous Support formed on 14th December 2022 at 167.660. – Sells on close below 166.450 targeting 4h Support at 166.240, Leaving Runners to the...
– Previous Weekly candle closed Strong Bullish at 165.990 just within the Rejection wick formed on the last weekly candle of February 2023, Friday Daily candle closed weak Bullish as price has been ranging across all the sessions. – Buys on close above 166.300 targeting 1h Resistance 166.170, Leaving Runners to the 1h Resistance formed on 16th December 2022 at...
Summary: - HTF looks like a deeper pullback to continue bullish - Looking for further confirmations to support this analysis - Need a break above 2002.00 to break bearish market structure - IF we DO NOT break above 2002.00 NO BUYS.
– Previous Daily candle closed strong Bullish at 165.350 breaking above the Daily Resistance formed on Wednesday 5th April 2023. – Buys on close above 165.500 targeting 4h Resistance at 165.810, Leaving Runners to the 1h Resistance at 166.210. – Sells on close below 165.180 targeting 1h previous Resistance formed at 164.910, Leaving Runners to the 1h Support...
U.S. consumer spending rose moderately in February, while inflation showed signs of cooling hereby boosting hopes the Federal Reserve would be less aggressive in hiking interest rates. On the other hand, a dim economic outlook overshadows data revealing Britain avoided a recession in the final months of 2022 could be a turning point for the Sterling as it hit...
Summary: - Gold is bearish - Waiting for a potential pullback+retest trade or looking at a breakout trade below 1951.0
– Previous Monthly candle closed strong Bullish at 1969.400 breaking above the most recent Monthly Resistance formed in February 2023, forming new Monthly Support at 1826.700, Weekly candle closed weak Bearish as price has been ranging within the Daily timeframe. – Buys on close above 1971.900 targeting 4h previous Support at 1975.100, Leaving Runners to the Daily...
After the last short, silver pushed higher to make one more high with lower levels of positive momentum- Triple bearish divergence. It has now broken down form the rising channel. Stop loss should be above the high but to make the first trade equitable it needs to be there
Summary: - Currently in a range after yesterdays strong bullish push - Waiting for further confirmations to see if price would go for a retracement or continue further bullish
Summary: - Gold is bullish on HTFs - Respecting bullish market structure - Only looking for buys opportunities
– Previous Daily candle closed Bearish at 1964.500 forming new Daily Resistance at 1974.100 as overall price has being consolidating on the Hourly timeframe. – Buys on close above 1969.500 targeting Daily Resistance at 1974.500, Leaving Runners to the 1h Resistance at 1978.600. – Sells on close below 1960.900 targeting recent Daily Support at 1956.400, Leaving...