Pair : Germany 40 Index Description : Rising Wedge as an Corrective Pattern in Long Time Frame and Breakout of Lower Trend Line Break of Structure RSI - Divergence Lower Lows - Lower Highs Bullish Channel in Short Time Frame
Pair :EURUSD ( EURO / U.S Dollar ) Description : Bearish Channel as an Corrective Pattern in Long Time Frame Break of Structure Completed " 12345 " and " AB " Corrective Waves Symmetrical Triangle in Short Time Frame Impulse Correction
POI areas for today. I'm waiting for price to take liquidity and react to these areas. I shall personally take entries dependent on how price reacts in these zones. If price takes liquidity on the 1m timeframe in any area and shoots towards a POI, then that POI is more then likely invalidated. If price slows down before reaching a POI, then it's more then likely...
AUD/USD FOREX Broke the ascending trend and now waiting for a retest at the resistance level. At least that's what I'm waiting for. Trying to anticipate a possible fakeout, etc. Just a simple trading idea fam, DYOR.
Results. You can not afford to miss these type of trades again. Start following Blue_Magic_fx Please follow as motivation.
Technical Overview Taking a detailed outlook at Gold/XAUUSD on a long/medium term overview using our monthly & weekly charts respectively it would seem as though Gold is currently forming a AB = CD formation and if that is the case we can expect Gold to continue to push further up well into our $2500 Psychological level/area where we can expect a Possible ...
its my idea abuot what will happend next days i think gold will do that its just idea and will see
JASMY/USD (JasmyCoin) has formed an ascending triangle pattern, indicating a bullish market trend. It's currently setting up for a potential price increase. Full send after a breakout. After a successful breakout, my next targets would be $0.036934 and $0.049544. Of course, always secure your profits!
I have not posted a long idea on gold for over 2 years. Gold was going sideways but now the long awaited bull run seems like it is there. Unlike Bitcoin and the S&P500, here I actually know what to do and I am confident we will go higher. Reasons for going higher 1- The gigantic full green candle at all time high on the weekly chart. 2- Market psychology: we...
USDCAD Technical Analysis - The USDCAD pair breaks the key resistance area and extends the rally above the channel. daily chart, We can see that USDCAD broke the key resistance of 1.3620 following the hot US CPI report and extended the climb to the top of the channel. This has opened the door for a climb to the 1/3862 resistance, so buyers will look for...
The Canadian Dollar (CAD) faced downward pressure as a result of a juxtaposition between a robust US employment report and lackluster Canadian labor figures. While initially faltering, the CAD began to recuperate lost ground as the immediate impact of the data subsided. Currently trading at 1.3599, the CAD contends with a resolute US Dollar (USD) poised for...
FX:XAUUSD reaches our goal of 2400. The psychological level is tested, but 2400 does not mean expensive. The growth may continue as the potential and interest is still huge. From 2400 a correction to the nearest area of liquidity can be formed. The market needs to rest and accumulate a bit before breaking through 2400 to continue further upside as...
PYTH:XAUUSD The price of XAUUSD has reached a record high, and both fundamental and technical analysis indicate a strong bullish trend going forward. Since there has not been a significant correction, we can consider going long based on the price momentum. It is important to note that tomorrow's NFP news may have a significant impact on the future price of gold,...
We recently saw it break out of the medium downtrend since January 20024. The price broke above the W Formation's neckline and above the 20 and 200MA. This states the medium term nature is HIGH probability for upside. The concern is the price gapped up and now needs to fill. SO I am patiently waiting for the Gap to close and then rebuy on the bounce of the...
XAUUSD started the week with the strong and continued bullish momentum which has been the case since last few weeks or months now. Currently we have two areas of entries as explained in the chart. Risk entry and Safe Entry take any which suits your risk management. Manage your capital always. Good Luck.
Dear Traders, Gold have been consolidating since yesterday after the major news came out, however, in our view we think that gold has been recovering after the yesterday's news. Two areas that has huge potential first is entering with the current price movement. Or wait for the price to drop $2300 level and buy at the region targeting 1000 pips.
The United States expects Iran to launch an attack on Israel, but it will not be large enough to involve Washington in a war, a U.S. official said yesterday. As soon as this news came out, it once again had a great impact on the current financial market. Gold once again had room to surge and hit a new high. Although the US dollar also rose, it could not affect...
The reason for this sudden price increase remains unclear. However, experts say that the gold futures price spike of $10 when surpassing Thursday's high may be due to the stop-loss order being activated. Trading volume reaching 0.5 million ounces is also the main driving factor for this increase. The next developments of the gold market still have many unknowns....