Buy continuation entries for gold. If POI one fails we wait for the 2nd one.
We have IMBALANCE around 1.085, and with the help of DOUBLE BOTTOM and 1H DIVERGENCE this makes very good area to buy I have 2 target for this 1.074 1.085 Hopefully we get there soon
Hello everyone, happy Monday. Here I am presenting my idea of a strong bullish continuation by NASDAQ:AMD going into tomorrow's earnings. Despite the already strong momentum upwards, I believe we see further buying action after tomorrow's earnings into the lower $200s along with strong buying action across broader tech in $PYTH:QQQ. I believe both these...
The gold will go to the support break of daily candle will become the new RS in 2360 can entry the sell
Hello,Friends! USD/CAD pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.364 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! GBP/NZD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 2.078...
Bitcoin (BTC/USD) has made a bullish bounce off the pivot. Could this crypto-currency potentially rise towards the 1st resistance? Pivot: 63,619.63 1st Support: 61,163.87 1st Resistance: 66,857.22 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and...
Possible Setup. Higher TF is bearish based on price action. Market reacting to fib area + 4HR reversal pattern. Let's see if the sellers are in for the downside
Take a look at our analysis for USOIL. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 84.08. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 85.12 level. P.S Overbought describes a...
$SAVM rose to a height of $12.9 and has recently retraced to Current price $7.5... forming a Cup and handle pattern! If Retracement is complete, expect price action to reach for higher resistances: 8.5, 10.8, 12.7, 15.8, 19.1, 22.4. All time high of satoshi Vm is $28 (from this Chart) If #savm retracement is incomplete expect to buy the dip at supports: 6.0, 3.7
After a successful and profitable SHORT position, KPITECH is ready to give profits in LONG position. Good reversal in 1 Hr TF and 15m scalp looks good too!
Please, check our technical outlook for DXY. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 105.823. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all...
Please, check our technical outlook for GOLD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 2319.831. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2384.107 level. P.S Overbought describes a period...
As discussed throughout yesterday's session commentary: "My position: Current sequence heavily depends on today's GDP numbers, and as I do expect strong upside number on the announcement, I will look to re-Sell Gold as High as possible ahead of the event and pursue #2,300.80 benchmark test." I have engaged order on #2,329.80 within pre-GDP time however as GDP...
GPPUSD is Losing strength so I am planning to short if it breaks its support for tp1 and tp2
Candlestick Formations (Buyer/Seller Dominance) form part of technical price charts, which are are used by market participants to interpret current demand-supply dynamics, potential price trends as well as form decisions from these inferences. The tables below highlight the following: (1) The share name (2) the candle's 'change from open’ (over 1 session) i.e....
EURUSD if shows weakness you can short @ 1.06740 with Profit target 1.06163 and Stop Loss 1.07700 a profit ratio of one is to 1
Gold (XAU/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 2,342.54 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 2,359.96 which is a pullback resistance that sits above the 50.0% Fibonacci retracement level. Take profit is at...