Trade Signal Outlook: Trading Pair: XAU/USD Trade Type: Long (Buy Limit) Trade Signal Details: Entry Price: 1988.356 Stop Loss: 1982.180 Take Profit: 1996.030 Trade Strategy and Technical Analysis: The trade strategy is based on a combination of technical factors, including price action, trendlines, support zones, and Fibonacci retracement. XAU/USD is forming...
Hello everyone, let's take a look at the ETH to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local downtrend line. When we unfold the trend based fib extension grid, we see that the price is held by the support at $2,040, while we still have a support zone from $2,008 to $1,985. Looking the other way, you can see that the...
✅As I expected, Bitcoin could NOT break the previous Top and important 🟡Price Reversal Zone(PRZ) 🟡. 🏃♂️Bitcoin has been moving in an Ascending Channel near the 🟡Price Reversal Zone(PRZ) 🟡for the past few days but managed to break the ascending channel and Support line(1) a few hours ago. 🌊According to Elliott's wave theory , all the waves inside the...
Trading Pair: EUR/JPY Trade Type: Short (Sell Limit) Risk-Reward Ratio: 1:2 Trade Signal Details: Entry Price: 163.398 Stop Loss: 164.424 Take Profit: 161.508 Trade Strategy and Technical Analysis: The trade strategy is based on a combination of technical factors, including RSI divergence, a rising wedge pattern, and a daily rejection from a resistance...
AUDJPY has created a beautiful impulse, if price pulls back to retest structure we can take advantage of the buy toward the highs Price could break below this area and create a deeper pullback.
Watching this three-touch resistance level in GBPJPY. Impulse candle breaking through it, want a rounded retest now. the reaction from the level seems good.
Hey fam, I have another trade potential on AU. I’ve set a limit for this. We still continue with the sell posted earlier and is currently active. Entry is below. Tell me what you think.
Binance Coin(BNB) is completing a symmetrical triangle between two 🟢support🟢 and 🔴resistance zones🔴. Corrective movements are all zigzag, and currently Binance Coin(BNB) is seen near the resistance zone and the upper line of the symmetrical triangle, and also, there is a divergence between wave A and wave C in the previous corrective structure. So I expect...
Embarking on a thrilling bearish journey with USD/JPY, exploring the intricate currents of market dynamics. Buckle up for a plot that unfolds on the low time frame (LTF) with high time frame (HTF) targets in mind. Let's dive into the captivating analysis!
Trading Pair: GBP/JPY Trade Type: Short (Sell Limit) Trade Signal Details: Entry Price: 187.567 Stop Loss: 188.375 Take Profit: 186.749 Trade Analysis: The trade is a short position on the GBP/JPY pair with an entry point set at 187.567. The stop-loss is placed at 188.375, providing a defined level at which the trade will be exited to limit potential...
1. Price defines its bottom now moving in an uptrend 2. Around 75 to 80 there is a Resistant zone and also Fib level. 3. Ideal entry point near below trend line when price takes support
We managed to pull 100+ pips out of the markets last night and I am offically exausted.. Later everyone, Im done for the week
Hello friends In Bitcoin currency, we see an ABC or 123 pattern Considering that wave 1 or A is a 5-wave pattern and wave B or 2 is a flat one, we cannot definitively say that we are dealing with a 5-wave pattern or an ABC pattern. Therefore, considering both situations, the price should reach the range of $41,000, which is equal to the drawn channel ceiling and...
gbpusd approaching a supply zone and key zone in which confluences are stating bearish although we should be careful of the sells cause of the monthly demand zone we hit and possible morning star
audusd have put in a willis zone setup but also a fourth touch of the trendline although we should be careful of the sells cause of monthly demand zone
nothing much changed from our previous analysis, price broke counter trendline on daily and pulled back to 0.236 fib level which was in confluence with a trendline on weekly and a minor support zone. just like the last analysis we dont get caught hanging we will wait for a break of the counter trendline on 4hr depending on how it breaks will determine maybe we...
Hello traders! Observing a potential reversal opportunity on USD/JPY, and here's the rundown. As we approach significant high time frame (HTF) Fibonacci levels, there's a chance we might witness a reversal in the current trend. Let's explore! 💡 Why Follow? Gain insights into my Fibonacci approach. Track the progress of the 100k funded account...
📈 EUR/USD Bullish Reversal Trade Idea: Navigating High Time Frame Fibonacci Levels Hello traders! Eyeing a potential bullish reversal on EUR/USD as it approaches significant high time frame (HTF) Fibonacci levels. The proximity to these levels suggests the potential for a reversal in the current trend. Let's delve into the analysis! Key Points: HTF...