Hey Everyone, Please see our 1H chart updated Goldturn support and resistance levels and targets. Price closed last week testing 1798 Goldturn just below the MA200 moving average. We had a EMA5 cross and lock above 1795 last week above the structure opening 1803 and 1807. We saw 1803 HIT and rejected leaving 1807 still open. We need to keep this 1807 target in...
Hey Everyone, Please see am updated daily chart structure, As you can see the daily chart is very much in a Bullish stance challenging the resistance structure in the range AT 1817. Although we saw price break above this level, we need to see either a candle body close or for stronger confirmation EMA5 cross with a candle body close above this level to open 1857...
Hey Everyone, This is the weekly chart we have been tracking and following for our long-term targets. Just like last week another weekly candle body close above 1787. We did see the push down once again like last week. However, as you can see, this retracement once again went down for the detachment to EMA5 and found support like last week. Soon as price...
XAUUSD for gold setup what i forecast is that bears already shown sign of strength , thus for the coming week price may take advantage of the slow week to have a correction before we continue with the down move.... We have not yet come to collect liquidity below @1600 level which is my potential level price might tap before going up now this was a long view...
Hey Everyone, Following on from yesterday, as expected a nice bounce from 1783 Goldturn. We trailed our long positions all the way upto 1800 for a perfect finish to the week. We have a back to benchmark range at 1815 from yesterday's breakout, which we expect a retest on at some point and also a gap above left open to 1831. We will keep these levels in mind in...
Hi people welcome ,Greeting to Team decrypters Several Reasons for Short 1-Butterfly pattern on Daily. 2-BOS followed by down ward trendline . 3-Rejjection of 100 EMA . 4-Volume profile Rejection ( moving from VAH to VAL. 5-Rejection from 0.618 Fib level . 6-H&S break down retest and continuation. 7-Resistance broke + Retest. 8-Weekly resistance . 9-weekly...
Hey Everyone, We slowed down yesterday after hitting our 1822 target and expected retracement to jump back into the longs. There was an ema5 detachment to 1805 which we identified as the first point of support for retracement, which was HIT perfectly. We tested the waters with a small buy position, which we took out as we could see price heading for our...
Considering recent PMI data shows an economic turnover, declaring the possibility of the end of a recession for the US and therefore creating a stronger currency. However, long term data suggests a weaker dollar as investors are looking for increasing interest rates for a stronger currencies against the inflation. The technical analysis indicates a reversal at...
Sold GBPUSD Entry 1.2020 Sl 1.2180 (160 pips) Tp 1.0685 (1335 pips) Weekly resistance met +200 MA showing weakness to the bullish side on the daily TF. Large institution is in a short position on the pair. The UK economy is in a horrible position. By the looks of it, their major issues such as their energy prices and increased cost of living are being...
REPOST FROM 18TH DECEMBER Hey Everyone, Please see our 4H CHART setup with updated Goldturn levels and targets. As you can see 1773 held well as support last week with a new Goldturn at 1779 and now we are seeing price head towards the upper resistance structure towards 1808. We will track and trade this movement level to level confirmed with cross and lock...
Eurusd intraday trading alerts 3 steps must fullfil before entry 1. 1st breakout done 2. Retracement done 3. 2nd breakout and see you in the sky🚀 Trading alerts always available to give Good luck traders...
Price is at a nice demand zone and should teacup to form a W pattern which will retrace back to the neckline completing Head and Shoulder pattern. Waiting on confirmation to place long position once price shows rejection of the low.
Market Maker's have printed a nice zone to trade UsdCad long for 100-150pips to clear out liquidity of current high. Candles have formed an inverted head and shoulder pattern that should push nicely from the point of interest in the setup.
Australian Dollar/U.S.Dollar made a bearish AB=CD harmonic pattern near the PRZ(Price Reversal Zone) and trend line. I expect the Australian Dollar/U.S.Dollar will go down to the support zone at least. 🔅Australian Dollar/U.S.Dollar Analyze ( AUDUSD ) Timeframe 15min⏰ Do not forget to put Stop loss for your positions (For every position you want to...
#USDCHF Bearish Channel in Long Time Frame #LTF and Rejection from the Upper Trend Line #UTL Bullish Channel in Short Time Frame #STF Divergence Rejection from Strong Support Level and Fibonacci Level - 78.60% CHOCH
According to my strategy and analysis, these are the important levels to trade today. Make the plans accordingly. This range is significant because it acts as support sometimes and resistance sometimes. This range will be valid till the opening of the US market (i.e. Nasdaq 9:30 am). After 9:30 am this range will not be valid)
I expect a breakout of the designated resistance and an upward move. The green last weekly candle also indicates future growth (I think). TP around 1.3750 GG P.S. This is not financial advice of course, just my idea.