Even though previous week was pretty bullish I still expect the bearish trend will continue and it will keep taking out the weak lows. The move during NFP didn't really give a clear signal what direction price wants to go, we'll see during CPI upcoming Wednesday I guess. I would like to see the imbalance to get filled first with a nice rejection which will...
In terms of technical analysis, gold prices are showing a bullish trend and are expected to challenge all-time highs again. Geopolitical tensions may intensify, pushing investors to turn to gold as a safe haven, thereby helping gold prices resume their sustained upward trend. However, this process may be affected by US PPI data and European Central Bank policy...
Yesterday, gold had a sharp decline. The Asian market rose slightly, the European market began to fall, and the US market refreshed a recent low of 2,319 US dollars. However, it stabilized and returned to around 2,350 again. Finally, the gold price closed at 2,333 US dollars. The daily line Closed on a negative line. Stronger-than-expected inflation data in the...
Again Nifty has reached a difficult resistance zone which is between 22773 and 22808. This is a difficult zone to cross as it has a fibonacci resistance as will as the ATH Resistance. If we get a gap up opening and a nice sustenance there after above this resistance it can resolve the problem of the resistance band. In this case further resistances will be in the...
On Wednesday, U.S. CPI was higher than expected, and spot gold fell in the short term, with a minimum of 2,319.34 and a maximum of $2,359.98 per ounce. Gold prices are currently at high levels, with the relative strength index sitting at overbought levels well above 70. In any case, there are certain risks in the current market. The question now is whether gold...
Looking to catch some reversals at the shapes in this project for anyone interested in UK stock market. I have a higher level of confidence in the projections of simulated scenarios which should catch at least one more reversal at any of the shapes. Will update follow up analysis on any relevant or interesting Japanese Candlesticks patterns or setups. In this...
Its almost gone up with about 40% from the last time we checked it out
Price action analysis for Gold. Potential scenarios and trading recommendations. Directional bias, important patterns, and thoughts after yesterday's CPI data/ ❤️Please, support this video with like and comment!❤️
GBPCHF may drop from a key horizontal resistance. The price formed a head and shoulders after its test and successfully violated its neckline. The pair may drop at least to 1.139 support. ❤️Please, support my work with like, thank you!❤️
buy above 22768 and sell below 22700 if market open between 22700 and 22768 for gapup opening wait for shorts at rsi 88 can go with bull put spreads and bear call for rsi 88 bear view target 1 22868 and tgt1 23000 for bearish view target1 22500 and 22480tgt2
The GBPUSD experienced a significant decline yesterday following the release of CPI data. After reaching a new intraday low, a corrective movement began. The market was showing steady growth within a bearish flag pattern. To anticipate a bearish trend continuation, look for a bearish breakout below the flag's support level. If the price breaks and closes below...
Entry Taken During London Session. 1.Daily Candle Bullish Indicating Buys. 2.Price Broke The Previous LH's indicating Break Of Structure. 3. Price Created a New HH and a New HL indicating Buys. 4. Price Created A Fresh New HL. 5. Entry Taken at 15 & 30 M Break Of Highs.
EURUSD displaced lower yesterday following US CPI news. I believe that there is a short term opportunity for rebalance move higher. 5M ICT unicorn breaker has formed to go long. Going for 1:2 RR
The euro's rally from the December low appears to be losing steam. Tuesday's high respected a resistance cluster including a 61.8% Fib level, high-volume node and trend resistance. A 2-bar bearish reversal (which includes an engulfing candle) only made a marginal high above Friday's high, and a bearish divergence has formed on the RSI. With CPI looming, perhaps...
Hello fellow traders! USDJPY has retested and respected a possible key level Checklist: ✔FORMED STCUCTURE AT KEY LEVEL ✔RSI AT 51 ✔SUPERTREND IS BUILDING BUYING POWER ✔FIB RETRACEMENT HAS SO FAR RESPECTED 38.20% TARGET 1 - 300 PIP ANALYSIS TARGET 2 - 250 PIP ANALYSIS GOOD LUCK 🍀🍀🍀!!!
BTCUSDT WEEKLY INSDIE BAR BREAK OUT This shows strong momentum Next Target: 52000 64000 Find Lower Time Frame to enter Good Luck!
- Previous Day candle closed bullish. If we are looking for buys we will take on until daily resistance formed on 02 feb 04 - If we are looking for sells we take on until 25th dec 02 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade. - We risk 3-10% of our capital. Close trades once price reverses to opposite direction and 1...
Entry Taken During London Session. 1. Entry Taken at 15 and 30 M Break Of High's. 2. Daily Candle Bullish Indicating Buys. 3. Price Created New HL's and HH's Indicating Buys.