Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 688.50 Pivot: 673.00 Support: 648.25 Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. To add confluence to this bias, price is also within a descending...
Looking at the H4 chart, my overall bias for XAUUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. To add confluence to this bias, price is also along a descending trendline. Price is currently retesting the overlap support at 1824.515. Looking for a sell stop entry at 1816.137, to ride the bearish momentum. Stop...
Looking at the H4 chart, my overall bias for XAUUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. To add confluence to this bias, price is also along a descending trendline. Price is currently retesting the overlap support at 1824.515. Looking for a sell stop entry at 1816.137, to ride the bearish momentum. Stop...
The Federal Reserve's meeting minutes reveal they continue to believe ongoing interest rate increases will be appropriate to combat inflation, with the target rate range set at 2%. This raised the risk-aversion mood in the market while strengthening the dollar. USD/CAD added 12 pips to 1.3549, but USD/JPY slid 9 pips to 134.90. Germany's year-on-year inflation...
Looking at the H4 chart, my overall bias for XAUUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a sell stop entry at 1818.975, to ride the bearish momentum. Stop loss will be at 1844.870, where the overlap resistance is. Take profit will be at 1786.545, where the overlap support is. Any opinions,...
Title: Sugar No. 11 Futures ( SB1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 23.86 Pivot: 21.89 Support: 21.02 Preferred case: Looking at the H4 chart, my overall bias for SB1! is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price...
Looking at the H4 chart, my overall bias for XAUUSD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell stop entry at 1818.975, to ride the bearish momentum. Stop loss will be at 1844.870, where the overlap resistance is. Take profit will be at 1786.545, where the overlap support is. Please be...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for GOLD. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Oil is bearish and most likely will test $60-$65 range.
Taking a conservative approach and waiting for a clear breakout either through the 1845 barrier, or the 1825 hurdle to consider the next short-term directional move. Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network...
Looking at the H4 chart, my overall bias for BCOUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for an immediate sell entry at 82.681, to ride the bearish momentum. Stop loss will be at 83.944, where the 38.2% Fibonacci line and overlap resistance is. Take profit will be at 79.072, where the previous...
Looking at the H4 chart, my overall bias for BCOUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for an immediate sell entry at 8259.0, to ride the bearish momentum. Stop loss will be at 8392.4, where the 38.2% Fibonacci line and overlap resistance is. Take profit will be at 7906.3, where the previous...
Gold is trading inside a Channel Down after the market peaked at the start of February. The MA50 4H is established as Resistance and is critical for the short term. Trading Plan: 1. Sell every time the price approaches the MA50 4H. 2. If broken sell inside the Resistance 1 and MA200 4H confluence. Targets: 1 & 2. 1800 on both occassions (-5.15% symmetric decline...
View On Coffee (23 Dec 2022) I am seeing a possible bottoming in coffee. It is hard to find a single bottoming point but I reckon the price of coffee will not go lower than $150. In 1Q2023, you can slowly build coffee postings and possible extract the great profit of it. It shall easily see $190 or even $210 DYODD, all the best and read the disclaimer too....
Gold moved as I expected ✅I suggest you visit the following post to get more familiar with my analytical view on higher time frames(Weekly and 8-hour Timeframes).👇 After breaking the downtrend line, Gold seems to have confirmed the start of its main wave 5. Gold is moving in the resistance zone, and I expect the impulse waves of Gold to end in this zone and...
Looking at the H4 chart, my overall bias for BCOUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a pullback sell entry at 8392.4, where the 38.2% Fibonacci line and overlap resistance is. Stop loss will be at 8673.5, where the recent swing high is. Take profit will be at 7902.9, where the previous...
Looking at the H4 chart, my overall bias for BCOUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a pullback sell entry at 8392.4, where the 38.2% Fibonacci line and overlap resistance is. Stop loss will be at 8673.5, where the recent swing high is. Take profit will be at 7902.9, where the previous...
Crude Oil crossed under Support A on Friday but today is rising and hit the 1day MA50 again. We followed a very successful model last time as indicated below for selling high and buying low: Based on this, today's rise is the countertrend rebound that both of the previous short constructs followed. We believe it will be short lived and serves as a new sell...