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 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 attached to the EMA5,...
Hey Everyone, We have been tracking this monthly chart since OCTOBER 16TH. This chart is also playing out our long-term plans for Gold. MA50 provided the dynamic support for the push up with more than half the targets already done and, as you can see from our projected bars, this is playing out, as analysed and planned. We identified 1704 Goldturn on our last...
Why Short? First, the price just got break through the 4H timeframe bullish trendline. Second, the price is already rejected the supply zone. Third, You can found a bearish CHoCH at the 5M timeframe and waiting to retest to the previous supply zone. Fourth, You can find a bearish RSI divergence the previous lower high These four reason is enough for me to...
gbpjpy short setup,, stil not hit the target lets see next week .. new opertunities. to look for long postion ..
Zoom the chart to see clearly . Gold is going up strong within the channel now. This analysis is based on the daily timeframe: in the daily timeframe, an inside bar candlestick pattern has formed, signaling the bullish continuation of the market. Your stop should be below the small horizontal line and target the high of the market, the 1811.01 level.
Why short? First, the uptrend on the higher timeframe (4h-1d) has showing a weakness by breaking a previous higher low. Second, the price now has reached the strong supply zone from a CHoCH (Change of Character) structure. Third, There is an imbalance of a candlestick at price 1785.07-1786.10 on 4H timeframe that must to be filled. Fourth, RSI on the high...
EURGBP is trading in Descending Channel Pattern, According to chart pattern analysis, we might see downside in EURGBP till support level shown in chart. trade with stop loss and own capital risk management. views / opinions are welcome to discuss.
CADJPY has given breakout from Ascending Triangle pattern as show in chart. According to chart pattern analysis we might see upside in cadjpy towards the resistance level. trade with stop loss and own capital risk management. views / opinions are welcome to discuss.
bitcoin / USD is making consolidation pattern which was seen earlier as well before it moving in upward direction as shown in chart. it is also trading in Descending channel pattern . as per analysis we might see bitcoin to move till 18500 before this it can move towards support level and bounce back towards 18500. if it breaks that resistance level it can further...
Pure technical analysis> We have seen a steady uptrend of the pair in the daily chart. seeing higher highs and higher lows. in the 1H TF we have seen it break it key level and have seen EMA crossover on the 1H and 4H TF.
Bought EURCAD Entry 1.4435 Tp 1.4515 (80 pips) TP2 1.4620 (185 pips) SL 1.4365 (70 pips) NOTE: This is a pure technical analysis trade. Daily chart showing a strong bullish momentum trade well above the EMA. EMA crossover at 1.3141 price. Going to the 1H chart, it show a clear break of previous resistance.
Hey Everyone, Closing off the week on a nice high today. As mentioned yesterday price was testing 1777 support structure and we were looking for the structure to hold for a push up. This played out perfectly. We jumped in adding long positions from the bottom confirmed with our signal target and layered all the way to the H4 MA21 touch right into our entry zone...
The U.S.Dollar/Canadian Dollar made a Descending Broadening Wedge and broke the upper line of it. I expect U.S.Dollar/Canadian will go up at least until the resistance zone. 🔅U.S.Dollar/ Canadian Dollar Analyze ( USDCAD ) Timeframe 2H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is...
U.S.Dollar/Swiss Franc was able to complete the falling wedge pattern on the support zone. I expect the U.S.Dollar/Swiss Franc will go up until the downtrend line & important trend line. 🔅U.S.Dollar/Swiss Franc Analyze (USDCHF) Timeframe 4H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy,...
Breaking Descending Channel In H8 timeframe in case of successful breakout Expecting 450 to 500 Pips Bulish Move
British Pound/U.S.Dollar was able to make a double top pattern on the resistance zone. Also, the British Pound/U.S.Dollar broke the important uptrend line. I expect British Pound/U.S.Dollar will go down to PRZ(Price Reversal Zone). 🔅British Pound/U.S.Dollar ( GBPUSD ) Timeframe 30min⏰. Do not forget to put Stop loss for your positions (For every position you...
Based on technical factors there is a Buy position in : 📊 EURUSD 🔵 Long Now 1.06527 🧯 Stop loss 1.05230 🏹 Target 1 1.07865 🏹 Target 2 1.09600 🏹 Target 3 1.11590 💸RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
As far as market structure concerns we have 1H timeframe bearish impulsive move which broke the low and as a result formed a Lower low. since then price is in bullish corrective move which by the way shows price non-intention of going higher (otherwise it would be as an impulsive move) Now price is at 4H timeframe Clean Break area which provides important...