hi guys this structer for oi that is rtm and neo smc concept i want give position on this setup good luck
Preferred direction: Neutral Comment: The previous short trading idea worked out completely, and the take profit was fixed. Today, metals behave more uncertainly than currencies . Nevertheless, we will consider two scenarios for the development of events in gold, which are still more directed in favor of the bulls. The more likely scenario №1 says that...
The 14-day Relative Strength Index (RSI) is trading neutral at the 50 level, suggesting a lack of clear directional bias for Gold price. If the rebound finds legs, the immediate powerful resistance for Gold price is seen at the $2,050 psychological level. The next critical supply zone for the bright metal is seen at around $2,065. Gold buy now 2033 limit trade...
By examining the 8-hour USDCAD chart, we can define the market structure as bearish. There is a strong supply zone that broke the structure and also it coincided with the POC line, previously the price felt the FVG but could not enter to supply zone and was rejected. Now the price created the liquidity pool formed as an equal high below the institutional...
Preferred direction: BUY Comment: According to our previous analysis on USDCHF , we are in buy-priority (scenario №2) . There are no changes to make us change our minds. We expect that today, before the weekend, the instrument will pass most of the intended path to the goal, and the best option would be to close the deal before the start of the weekend. We...
Preferred direction: BUY Comment: The RBA's decision on the interest rate will also most likely have an impact on the New Zealand currency, to a lesser extent, surely, but potentially, since the economies of New Zealand and Australia are closely related and are neighbors. However, we are considering longs for this instrument in the medium term,...
📊 Due to the price approaching the supply range of $79.0 and the downward momentum of the price movement, if the range of 78.0 units is broken and the price stabilizes below it, the price may fall to the range of 76.6 🎯and in the case of the strength of the range of 74.0 units🎯🎯. 📊 Otherwise, the possibility of price increase up to the range of 81.0 units.
NZDCHF reached the important supply zone formed as a bearish order block with FVG. So we can expect the zone to reject the price. We can study the price in the lower time frame for finding the trigger. 💡Wait for the update! 🗓️06/02/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
Dear Students, I trust you're all eager to explore the fascinating world of trading. Today, I want to walk you through the rationale behind a hypothetical sell position in gold in 2051, leveraging a supply zone strategy. 1. Identifying the Historical Supply Zone: Upon thorough analysis of historical price charts, a prominent supply zone was identified at the...
Here is my latest structure analysis for Gold. Vertical Structures Vertical Support 1: Rising trend line Horizontal Structures Horizontal Support 1: 2009 - 2014 area Horizontal Support 2: 2001 - 2006 area Horizontal Support 3: 1965 - 1977 area Horizontal Resistance 1: 2055 - 2065 area Horizontal Resistance 2: 2077 - 2088 area Consider these structures for...
💹 Forex Quick Check: #AUDNZD 📉 Trend: Triangular pattern breakout 🚀 Action: LONG @ 1.06960 🎯 TP: 1.07332 🔍 Insights: Hey traders. Welcome to Anna Trade Charts. Here we had another analysis for #AUDNZD. #AUDNZD will go up. The reason behind to this is that it was in a triangular pattern and also did the fake breakout. Now it is at the major support level and...
FOREXCOM:XAUUSD OANDA:XAUUSD Hello dear traders. If the price does not stabilize above the $2030 level, it can start bearish scenario. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍ 🤑🍾Thank you for your support. I hope you will gain profit by...
Hello everyone, do you think today and will increase or decrease? Currently gold is moving around $ 2025 and is located in the adjustment wave down on the 1D chart with the immediate goal that seems to be looking for the Return to the EMA 89 while this metal is facing some unrelenting. Accordingly, the precious metal decreased sharply due to the important...
INTRODUCTION - This is the 02/06/24, 15-min bar, ultra-detailed daily binary, CONTINUOUS & EVOLVING FORECAST (changes as often as I can update) for direction and shape of price action in FX_IDC XAUUSD gold ticker. In previous post #3, bulls hit the box as required, now they have 3 routes to take and it's too early to say which one. DETAILS - As stated in the last...
Here are the updates & outlook for multiple instruments in my watch list. 1️⃣ #GBPUSD daily time frame 🇬🇧🇺🇸 The price is currently approaching an expanding supply area that is based on a broken horizontal support and a broken rising trend line. Probabilities will be high that we will see a bearish reaction to the underlined blue area. 2️⃣ #USDCAD daily...
New week strategy! Today, gold price dropped sharply, losing nearly 20 USD in just one session and gold has surpassed many important support levels with the current price in the 2020 USD. Overall the momentum of gold price in the past week and in the past month, there has been weakness when on the gold chart began with the trend of sideway and the prospect...
– Tuesday Daily candle closed Bullish forming Daily Support around 2025.000. I’ll be looking for potential Buys above 2040.300 targeting 30min previous Support (2046.300) and 1h previous Resistance held on Friday last week prior to NFP News release around 2052.800. I’ll be looking for potential Sells below 2032.200 targeting Tuesday Daily Support for a potential...
In our last analysis we identified the subwave B correction. We didn't have much information at the time but now as more price has developed, we can see that we're making a complex abc correction for wave B. We will be looking for price to move down into our buy zone and then look for an entry trendline to get a confirmed entry. Trade Idea: - Watch for price to...