Exactly, when the Exponential Moving Average (EMA) is trending upwards, it indicates a short-term uptrend in prices. However, if the Simple Moving Average (SMA) is trending downwards, the long-term trend may be bearish. When the SMA crosses above the EMA, this could be a sign of a reversal in price trends.
Firstly, let's focus on the EMA (Exponential Moving Average). While a simple MA (Moving Average) may react quickly to price changes, a shorter-term EMA is most suitable. It can help you capture trends rapidly and yield higher profits. The truth is, the quicker you catch a trend, the longer you can ride it and the more profit you can make. However, the drawback of...
Getting the market structure correct makes or breaks the rest of your forecasts. Many Gann Traders don't know where to anchor in their Gann tools correctly Today I chat about the market structure and allocated market energy within it
Hello everyone, EUR/USD is currently recovering but remains below the 1.0800 level at the start of Wednesday. The pair is receiving support from a significantly weaker US Dollar, even as inflation cools in Germany and the market remains unconcerned about the Eurozone's HICP release, US ADP employment data, and Powell's speech. However, EUR/USD is predicted to...
With gold hitting all-time highs, optimism runs high, but uncertainty prevails. Therefore, seizing every trading opportunity is crucial. If selling, await clear signals; avoid over-reliance on singular factors and manage risks carefully. Rapid market adjustments often lead to new highs. Currently, buying momentum appears strong. Focus on support near 2222 and...
In general, XAUUSD is encountering difficulty surpassing the resistance level of $2220. However, it remains stable within an ascending channel. Moreover, upon closer observation, a cup and handle pattern is gradually forming. Based on these factors, my expectation is for a breakthrough above the resistance level, aiming for the medium-term target of $2220. In the...
On eurosd Have a good day ! April 5 Comment: TP 1 AT POINT B City 2 POINT C SL1.072
EUR/USD Pair Shows Modest Increase, Reaching Around 1.0860 in Early Asian Trading Session on Tuesday. The decline of the US Dollar (USD) has provided some support for this currency pair, with growing optimism bolstered by various technical indicators. The upward momentum is being observed and reinforced in the form of new support levels, aligning with the EMA 34...
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about BEL BEL Moving too Good running the target +170% profit done ✅ Expecting +400% Bullish wave in Coming Days 🚀
Today, gold fluctuated in the Asian session, rose and then fell in the European session, we managed to sell around 2365, and gained nearly 100 points of profit. Below 2350, a small support level is formed, and we can participate in the buy order when gold returns to the 2350 level for a second time. Friends in need join me, I will take you to achieve wealth freedom!
Gold News: Read the Latest Analysis on XAU/USD Gold Price: Current Pricing, Prices Chart & Rate Graph Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its...
Gold is currently up to 2304, this wave of bulls do not have any traces of weakness, nor do they have any intention to give up, bulls do not stop falling will not appear! Where is the top of the head? This is what investors are most concerned about, and the probability of guessing the top is very small. From the technical analysis, the top position of the bulls is...
Today is the monthly non-farm data login time! It's going to be crazy today if you don't want to lose your trading account tonight if you want to make a big profit tonight You can contact me Today is the monthly non-farm data login time! It's going to be crazy today if you don't want to lose your trading account tonight if you want to make a big profit...
Recent gold bulls are the same rhythm, a wave of back after a wave of kill bulls in the pull up and kill a wave of bears, such action has been repeatedly staged many times, shape to see it did not peak signal, there is no weak signal Today's thinking we continue to follow the bulls, yesterday we layout 2329 and 2331 multi-single harvest, today continue to find...
CALM DOWN IT IS COMING Vlalues will come long long long :-)
We can keep climbing if the price will go back to the top before 14th may, otherwise...
Near usdt analysis Daily time frame We can see 2 bottom pattern so I guess 9 BME:IS my first target Bace on extended fibonachy 13 BME:IS my second target