On 4h TF I found out #DemandZone in #GoldenRatio that create a strong support for this bullish When pullback reject this range $7 - 7.5 that's a chance to join this race Time will tell
Hello Traders NEW MARKET IDEA BUY GOLD Technical Analysis & Fundamental analysis Gold rose above $2,055 an ounce on Friday, inching closer to the record high, as the latest data from the US supported bets of early monetary easing by the Fed in 2024. US PCE prices unexpectedly declined by 0.1% mom in November, contrary to market forecasts of a flat reading,...
Time Frame: 4H Symbol: GBPUSD Entry: 1.27008 TP: 1.25438 SL: 1.28227 Bias: Short For this pair, our bias is short. As we see the unique obstruction is as areas of strength for yet the pair actually doesn't can possibly offset the powerful opposition, we can securely exchange its latest thing.
On 1h TF OP closed below 2.227 that confirm to Head Shoulders Pattern with target around 1.93 But OP is supported by Ascending Trend Line so we have a good zone to buy around 2.1 first then 1.93 if OP still down more. Wait for rejection and signal for Bullish come back
Break of structure towards downtrend. Rectangle drawn over orderblock showing big imbalance area too. On 1hr can see equal high liquidity to be filled. Targetting lower orderblock also has imbalance. Sell limit has been set from 1.10148 targeting 1.08761 (1:4.53 rr).
From previous trade i have found orderblock with imbalance to continue to full target.
Time Frame: 4H Symbol: GBPUSD Entry: 1.27223 TP: 1.28543 SL: 1.26112 Bias: Long For GBPUSD we are to go for a long trade. The market force and assumption from essentials will drive the pair value a bit higher. Taking into account the ongoing cost structure , we can anticipate a bullish entry.
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