FOREXCOM:XAUUSD
NASDAQ:XAU - 1H - POSITION
If a new roof is builtWe are getting ready for ATH
SELL LIMITED :
2042.29$
TP:
2027.92$
2014.28$
2003.19$
1990.26$
SL:
2048.33$
2050.89$
RISK = 40%
#SIGNAL #FX #GOLD
In AUD/CAD, I have identified a supply zone in which I have located another Point of Interest (POI) area. The price could retrace up to that zone before reversing downwards. Let me know what you think. Happy trading everyone, bye.
After an initial bearish setup and a short trade closed at 2.5 RR, the market is now showing signs of resistance around 137.70. At this point, I have identified a potential demand zone, which is an area where the price could bounce before continuing its downward trend. However, this zone could also act as a strong resistance before we see the price go even lower....
On EUR/USD we have a strong congestion. I have identified two hot zones, one supply and one demand. The expectation is very simple, I will look for a short or long trade based on the setup that could be created if the price were to return within the supply or the demand. We will see... Patience is the key. Let me know what you think in the comments. Happy trading...
On GBP/JPY, we have a strong supply zone that has been broken after four months, and therefore the objective will be to look for a possible long entry with a 1:6 risk-reward ratio target.
Let me know what you think in the comments.
Have a nice trading day!
We have a neutral situation, which means that the price is currently within a demand zone. If it creates a buy signal, I will go long, but if it breaks the zone, I will wait for a retracement and then go short.
Let me know what you think in the comments.
Have a nice day trading!
Gold has a strong demand zone around the level of 1990. Currently, my view is neutral. What I will do is wait for a possible formation of a supply within the main demand zone, and from there I will look for a long entry. If the price were to break the main demand zone, then I will look for a short entry.
The goal is to search a possible supply demand zone inside...
My Idea on USDCHF for pre market open is, I expect a little bit of protraction down , in to a fair value Gap, before it Rally's in to a BEARISH Order block , the I expect a pull back , and another impulse Bullish strength, to breaking the Order block, and hit the extreme Order block.
Dear Traders,
I would like to discuss potential shorting opportunities in the USDCAD market. In analyzing the market, I have examined the chart from yearly to H1 timeframes. I welcome any feedback on my analysis and suggestions on how I can enhance the quality of my content.
I do apologize for any fluctuations in my vocal delivery, and I am taking steps to...
So in this video i talk about the current state of the SPY and where I think it may head form here. These are only my opinions and not suggested for any trade or financial use.
Hello Team,
Bitcoin has now formed a good consolidation zone providing us with a trade opportunity.
If we break & close above the resistance we will be looking to buys pushing towards 17K+
If we break and close below support we will be looking for sells pushing towards 16K-
Happy Trading!
This is a 5 minute moving weighted average model of the Wednesday Intra-Day stock price for QQQ. The average looks at all Wednesdays for the past 12 months, and excludes any Wednesdays that fall on FOMC announcement days (those are a separate pattern). To calculate the initial model, I did a straight average of 11 months, then performed a moving weighted average...
If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
Analysis:
On the 3 min charts, BTCDOWNUSDT 3 candle confirmation occurred at around $20,814. This implies a current overbought condition for BTCUSDT. 2-candle confirmation on the 5 minutes chart above the yellow moving average and a 1-3-candle confirmation above the...
Analyzing price action from the past 2 Sessions, Asia and London, I see bears stepping in. The Bulls are hitting daily resistance and may need to breathe. Asia and Pre-London both retested the high formed, both Monday + Tuesday were very bullish days, so I am not going to be surprised if we see a Bearish NY session today, or possibly some consolidation. But what I...
Just added my fun chart prediction, going short taking in consideration price trends, economy and fear. I see this as the pump before the dump. Possible go up little higher then drop to the outlined area.
This is just for entertainment. lets come back and see how well it played.
