OANDA:XAUUSD on high timeframes continues to form a sideways movement, but at the same time is in the selling zone. The market is still under pressure from the negative fundamental background. There is almost no news today, US Leading Index is published at 15:00 GMT and in general, analysts expect bearish data for the dollar. Gold is in panic zone on H1....
Greetings Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have...
EURUSD is still in a downtrend, experiencing expanding corrections along its path. Watch for a rejection at the 0.5 Fibonacci level, then move to lower timeframes for entry. Once entered, your stop loss should be placed above the rejection candle, targeting the recent lows and the -0.27 level.
Expecting a rejection at the sell zone where we'll be looking for sells. Once we get there, jump into lower timeframes and search for any reversal pattern. Your stoploss should be above the sell zone after entering targeting 0.786 fibo level.
Here we have USD/CAD on the Daily Chart! Down on the 4Hr Chart, Price is Bouncing-Up off of the Rising Trendline I have on the chart but with each bounce, buyers seem to be losing strength! Zoom out to the Daily Chart, it looks like UCAD is in a bigger scale Consolidation with price right in the Middle Road! My bias on this pair is Bearish given that we are...
Gold is sitting at a very crucial price point. If it breaks above the last high of $2,033, we'll change bias back to bullish for the mid term, back to targeting the $2,100 price price point. Our sell position currently running in 500 PIPS profit🦾
From the daily analysis, crude oil is currently in the range of 71.5-78.5. The daily level has not broken through and stabilized at 78.5, but is still in shock. Below is the support of 76.5-75.4. Trade based on this range first. If the price breaks through 78.5, and Oil prices above 78.5 will see further room for growth
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Gold has been overall bearish, trading within the falling wedge pattern in blue. At present, XAUUSD is undergoing a correction phase and it is currently approaching the upper blue trendline acting as a non-horizontal resistance. Moreover, it is retesting a strong...
We are almost there. With the opening off US we will enter the order. Everything is oversold, so good probability that we are going down. My setup is 3RR. Don't over risk
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Recently price made upward impulse to $2085 level from $1990 level, which coincided with support area. But then price declined to support area, and then in a short time rose back near support line, making fake breakout of $1990 level. Next, Gold entered to...
What's up folks, Currently in a buy on gold Let me explain These are my confirmations\questions > Question 1 - Is gold in momentum (bullish or bearish)? Yes, gold is in bullish Momentum currently Question 2 - Who is interested (at this time)? Buyers are interested at this time Question 3 - Where are their stop losses? Stop losses would have been right below...
H4 Analysis: -> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. Price has printed a bearish iBOS followed by a bullish CHoCH which is the first structural indication that pullback following bearish iBOS has initiated. Expectation dated 16/02/2024 was for price to continue bullish and react at H4 POI or 50% EQ which price did and currently...
Well, as you can see the price started the retracement and hit the bullish order block that formed at the 0.705 Fibonacci level. Now if the price stabilizes above 0.536, we can expect the price to fill the FVG, but if the price is rejected from the bearish order block (0.5227-0.5367) we can expect the price reach to the previous low at 0.4477 and then...
As you can see the price consolidating for a while and we should see what happens next. By looking at the chart, we can figure out the price created the sell-side liquidity that formed as equal lows that can be smart money targets. In that case, I don't want to see the price go higher than the key level (107.675). In addition, there is the hourly bearish FVG...
💹 Forex Quick Check: #GBPNZD 📉 Trend: DOWN 🚀 Action: LONG @ 2.03802 🎯 TP: VIP ROOM 🔍 Insights: Hey traders. Welcome to Anna Trade Charts. Here we had another analysis for #GBPNZD. #GBPNZD was in the down trend and now it is almost on the key level. Here we can see clearly that it sweeps the liquidity and now is approaching the major support zone, where we can...
Balance of buyers and sellers on the GOLD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair. ❤️ Please, support our work with like & comment! ❤️